Event record
Record sog_ev_bac_collapse_batch_k
Basis Cash fails to sustain its target peg
The BAC/BAB/BAS seigniorage system failed to restore durable dollar parity and ceased to function as a relevant stable asset system.
- Date
- Not yet recorded
- Category
- Depeg and peg stress
- Subtype
- Peg Failure
- Status effect
- Collapsed or failed
- Recovery
- Not applicableNot yet recorded
- Evidence
- 3 source records0 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | Not yet recorded |
|---|---|
| Public event category | Depeg and peg stress |
| Canonical event subtype | Peg Failure |
| Structured detail kind | Termination |
| Stablecoin subjects | Basis Cash |
| Organization subjects | Basis Cash |
| Impact | Critical |
| Effect on stablecoin lifecycle | Collapsed or failed |
| Canonical status-effect value | Failed |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | BAC failed to sustain the peg and the three-token system ceased practical relevance. |
| Structured detail coverage | Structured fields available below |
| Record confidence | Medium |
- Date
- Not yet recorded
- Public category
- Depeg and peg stress
- Canonical subtype
- Peg Failure
- Structured detail kind
- Termination
- Impact
- Critical
- Status effect
- Collapsed or failed
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- BAC failed to sustain the peg and the three-token system ceased practical relevance.
- Record confidence
- Medium
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Basis Cash
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Basis Cash
Open the organization record for roles, relationships, events, evidence, and unknowns.
Typed record
Structured detail
Event-type-specific facts remain visible with explicit value states.| Termination detail — Summary | BAC failed to sustain the peg and the three-token system ceased practical relevance. |
|---|---|
| Termination detail — Status | Collapsed |
- Termination detail — Summary
- BAC failed to sustain the peg and the three-token system ceased practical relevance.
- Termination detail — Status
- Collapsed
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Basis Cash protocol Published Not yet recorded | Basis Cash | Technical documentation or repository Canonical: Official Repository | Technical primary source | Primary source | Identity, BAC, BAB, BAS, Mechanism, Entity and Model | Archive index or wildcard | High |
| Basis Cash documentation archive Published Not yet recorded | Basis Cash | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Seigniorage Model, Bond and Share Tokens, Protocol Model | Archive index or wildcard | High |
| Basis Cash historical website archive Published Not yet recorded | Basis Cash | Archive or historical record Canonical: Archive Capture | Archive capture | Primary source | Historical Site, Terminal Uncertainty, Historical Entity | Archive index or wildcard | Medium |
Basis Cash protocol
- Publisher
- Basis Cash
- Published
- Not recorded
- Reliability
- High
- Relations
- 0
Basis Cash documentation archive
- Publisher
- Basis Cash
- Published
- Not recorded
- Reliability
- High
- Relations
- 0
Basis Cash historical website archive
- Publisher
- Basis Cash
- Published
- Not recorded
- Reliability
- Medium
- Relations
- 0
Maintenance