BXB-BasisX BondDetailed Description

BXB-BasisX Bond Detailed Description

BasisX is an algorithmic stablecoin project based on the Huobi ecological chain. BXB refers to issuing bonds to repurchase BXC when the price of BXC is lower than US$0.95. When the price of BXC is higher than US$1.05, BXB holders can exchange BXC at a ratio of 1:1.