πIntroduction to mBASIS
Midas Basis Trading Token (mBASIS) is a permissionless yield-bearing token tracking a delta-neutral basis trading strategy.
Basis Trading
Basis Trading in Crypto Markets: Basis trading is a common, highly profitable strategy in cryptocurrency markets. It capitalizes on the price differences between spot and futures markets, especially during contango periods, where futures prices exceed spot prices, creating opportunities for arbitrage. This approach has consistently delivered strong returns during bullish market conditions, while not taking directional market exposure
Adaptive strategy: The strategy takes advantage of profitable crypto-basis positions during bull cycles when markets are in contango. During declining markets, the strategy adjusts to reverse basis trading, taking advantage of backwardation of the yield curve, or allocates into US T-Bills.
π‘Investing in mBasis involves risks such as counterparty risk and execution risks. Please view Risks before investing.
mBASIS Features
Institutional Grade
Transparent Reporting: The mBASIS collateral is regularly updated, with weekly performance published on Midasβs website ensuring that all data remains accurate and providing full transparency to investors.
All-Weather Strategy: While basis trading thrives in bull markets due to positive funding rates, mBASISβs design allows it to adjust seamlessly during bear markets by switching to reverse basis trading or reallocating capital into U.S. Treasuries via mTBILL. This flexibility ensures better results in various market conditions. Investing in mBasis involves risks such as counterparty risk and execution risks. Please view Risks before investing.
DeFi Composability
Permissionless Token: mBASIS is a permissionless ERC-20 token, which is compatible with DeFi use-cases such as borrowing and lending.
No Minimums: Investors can acquire mBASIS with any amount, as there is no minimum investment thresholders under the terms of the Prospectus.
Weekly auto-compounding. The price of mBASIS is adjusted weekly to reflect earned interests. Those interests are reinvested automatically. This means you can use mBASIS as collateral without renouncing its native yield.
Non-Custodial: mBASIS tokens are held in self-custody by investors.
Regulatory Compliance
Midas has received approval for its prospectus, allowing mBASIS to be issued to retail investors within the European Union without high minimum investment thresholds. Unlike many tokenized products, mBASIS has no minimum investment requirement, making it accessible to a wide range of investors.
The mBASIS token is fully compliant with European securities regulations, issued as a tokenized debt instrument under German law. Midas adheres to the requirements by the European Prospectus Regulation and complies with Anti-Money Laundering (AML) obligations.
Investing in mBasis involves risks such as counterparty risk and execution risks. Please view Risks before investing.
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