
Basis Gold protocol consists of 3 tokens — Basis Gold (BAG), Basis Gold Share (BAGS) and Basis Gold Bond (BAGB). Basis Gold and Basis Gold Share can be farmable by depositing certain assets. In this system, Basis Gold is the stable coin considered to be valued at $1 while BAGS holders share the inflationary money supply of Basis Gold. Basis Gold Bond may be purchased at a certain discount to maintain the stability of Basis Gold price with the assumption of future profits upon redemption.
Although 'BGS' was the ticker assigned at the deployment of the Basis Gold Share Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'BSGS' has been adopted for this token. This designation ensures that assets are distinctly identified.