Basilisk (BSX) is a Kusama-based parachain — a liquidity protocol with a modular, automated market maker (AMM) design. It allows early stage crypto projects to bootstrap liquidity in a fair and efficient manner by choosing the AMM model that best fits their project’s unique use case. $BSX is the native token of Basilisk. It is used to propose and vote on referendums and participate in council elections affecting the future direction of the protocol.
