Bullet Finance
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  1. Protocol

Bullet Finance Tokens

$BULLET is an algorithmic stablecoin that is pegged 1-1 with $USDC.e, the protocol's algorithm creates stability and price balance in the long run

($BULLET adopts algorithm to pegs so won't be able to hold 1:1 all the time like other fiat-backed stablecoins)

$GUN is the main token used in staking activities and the token earned through it $GUN has a maximum total supply of 30,000 tokens distributed as follows:

Reward : 30,000 $GUN are allocated for incentivizing Liquidity Providers for 100 days

Initial mint: 3 $GUN minted upon contract creation for initial pool

$GRENADE is the token used as a backup of $BULLET when the $BULLET:USDC.e

pegs exceeds 1.01 or drops. $GRENADE will be used to compensate or earn back for investors during these times

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Last updated 2 years ago