bDollar (BDO) is an algorithmic stablecoin running on Binance Smart-chain.
BDO - bDollar
bDollar tokens are designed to be used as a medium of exchange. The built-in stability mechanism in the protocol deterministically expands and contracts the BDO supply to maintain BDO's peg to 1 $BUSD token (which trades closely to a single United States Dollar).
Also, Understand that BDO actively pegs, it does not mean it to be valued at 1 as it is not collaterized . BDO is not to be confused for a Fiat stable that is value at 1.
How the Algorithmic Peg Works in a nutshell
When bDollar is above Peg - it actively pegs down by inflating for sBDO boardroom stakeholders.
When bDollar is below Peg - Inflation stops completely and therefore will peg back 1 one by various use cases that can be found below.