# Introduction

                                                                     

![](https://2172500039-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MVf5613vnjCvycLfkgd%2F-MX2XIJ-ev3s8sxc79hn%2F-MX2Xn_Y4qIj-y2j-YpN%2Fbtd-circle-150.png?alt=media\&token=5149e00a-d682-43f3-bb3d-4cfdeded69fa)

Bolt Dollar is a decentralized algorithmic stablecoin pegged at $1.00 USD. Instead of a central authority regulating the price, investor behaviour is incentivized to keep it near the ideal level.

Bolt Dollar is a multi-token protocol that consists of the following three tokens:

* Bolt True Dollar (BTD) 
* Bolt True Share (BTS)
* Bolt Bond (BTB)

The initial aim of the Bolt Dollar DAO that supports the project is to create a stable, decentralized cryptocurrency on the Binance Smart Chain (BSC). To achieve this, several use-cases are being developed throughout the BSC ecosystem. For instance collaboration with AMM’s (Automated Market Maker), Yield farming Dapps or using Bolt Dollar as a gaming currency. In the future, we’ll expand into other areas.

{% hint style="info" %}
  **Bolt Dollar will always try to reach the price point of 1:1 BTD / BUSD.**
{% endhint %}