Basis Cash Explained

Earn BAS in the Bank

Provide liquidity on Uniswap to earn BAS.

Whether the Basis Cash protocol is in expansion or contraction, you can earn Basis Shares (BAS) in the Basis Bank, by providing liquidity on Uniswap.

Here’s how it works:

  1. Provide liquidity to either (or both) the BAC-DAI or/and BAS-DAI pools at Uniswap. If you’d like to deposit a single asset, allows you to do that on its Invest screen; just search on BAC or BAS to find the right pool.
  2. When you make your deposit on Uniswap, you’ll receive a “UNI LP” token as receipt. Stake this token by “selecting” the appropriate box on the Basis Bank screen, then clicking the “+” button.
  3. Once staked in the Bank, you’ll immediately start earning BAS tokens, which you can withdraw at any time using the “Settle” button.

Important things to know:

  • Unlike some other algorithmic stablecoin projects, there are no complicated time lock-ups determining when you can claim your rewards, or remove your liquidity.

Let’s now look at earning BAC through Bonds!