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
Last updated