> For the complete documentation index, see [llms.txt](https://bulletfinance.gitbook.io/bulletfinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bulletfinance.gitbook.io/bulletfinance/protocol/bullet-finance-tokens.md).

# Bullet Finance Tokens

{% hint style="info" %}
**$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)*
{% endhint %}

{% hint style="info" %}
**$GUN** is the main token used in staking activities and the token earned through it **$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
{% endhint %}

{% hint style="info" %}
**$GRENADE** is the token used as a backup of **$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
{% endhint %}


---

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