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Bolt Dollar

$BTD
Today
0
Total
4
BNB Address:
0xd1102332a213e21faf78b69c03572031f3552c33

Coin Info

Market Cap:
$18,354
Launched:
04/01/2021
Network:
BNB
Categories:

Coin Safety

Project Brief

What is Bolt Dollar?

Bolt Dollar (BTD) - The superior algorithmic stablecoin on Binance Smart Chain.

Bolt Dollar aims to maintain its 1:1 peg vs USDT through a systematic increase or decrease of the token supply. When its price gets higher than $1, there will be more BTD supply, and when the price of BTD falls below $1, BTB is opened for purchase with BTD at a discounted price to sell in the future.

Token model: a seigniorage algorithm stablecoin, similar to BAC of BSC

How to get BTD, BTS and BTB?

First, the only way to get BTD is farming BTD by other tokens such as BUSD, USDT, BNB, BTCB, CAKE, DOT. So there are 6 pools for farming BTD.
There are 2 pools to farm BTS (Bolt Share): BTD/BUSD, BTS/BUSD
BTB will be opened for users to buy when the price of BTD falls below $1
The circulation is:
Use BTD to farm BTS or use BTS to farm more BTS. When users add their BTS to the Boardroom, rewards (BTD) will be given to them after some epochs. Each epoch lasts 8 hours, reward is claimed after 3 epochs and unstaked out of the boardroom after 6 epochs. Every time a user claims, lock time will be reset.

Token allocation?

BTD: 216,000 BTD for 7 pools; bond will be launched after 6 days.
BTS:
BTD/BUSD will distribute 139,999 Bolt Dollar Shares, starting with 28,000 Bolt Dollar Shares per week and decreasing 20% after each week.
BTS/BUSD will distribute a total of 39,999 Bolt Dollar Shares over the course of 1 year.

Who is the founder?

Development team is an anonymous team. We have a passion for making useful projects, majoring in GameFi (decentralized finance gaming ecosystem - we call it). After considering carefully about stablecoin, we found that algorithmic stablecoin is still new but helpful for those who do not like over-centralization or mortgage.

What makes this project unique?

Unlike a huge number of projects running on Ethereum, this is one of the first algorithmic stablecoin projects on Binance Smart Chain. So Bolt Dollar is one of the pioneers on BSC.
Product: Although other projects call their tokens are algorithmic stablecoin, they don’t have any ecosystem to use their “fiat token”. With Bolt Dollar, users can use their BTD in many of our games. At the moment of writing, the team is planning and working on around 10 games consecutively with more to come in the near future. BTS holders will enjoy a healthy amount of profit.
We also provide shareholders with many incentives such as “vote for change the rule” or “receive more reward via Boardroom”.
Team committed for a totally fair launch, hence no incentive for the team and no premine.

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