# 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:&#x20;

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 %}
