📃Bonds
Buy NUKEM directly from the Nukem Loans Protocol at a DISCOUNT and AUTO-STAKE for sNUKEM after vesting
The founders of EnableDeFi will manage the treasury of the protocol where the initial circulating supply of NUKEM is inflated, through the sale of Bonds.
In the case of the sale of Bonds, the liquidity being raised is governed by the treasury managed by the Team giving a backing value to the circulating supply of the protocol at any given time.
The initial supply of NUKEM is 88,888,888,888 tokens, all of which are in circulation.
100% these tokens will be released on to the market paired with a total of 10,000 USDT in a Uniswap Version 2 type LP token across all chains.
Newly minted NUKEM tokens will be minted for the sale and distribution of Bonds.
Bonds offer users the opportunity to buy newly minted NUKEM directly from the Nukem Loans Protocol at a discount. Tokens are received as staked tokens, sNUKEM. The sNUKEM can be unstaked after a period that is pre-determined at the date of sale.
When issuing Bonds, in return for sNUKEM, the Nukem Loans Protocol will receive either:
Liquidity tokens (for example, NUKEM/USDT LP), or
Other tokens (for example, USDT).
The former is called a liquidity bond and the latter a reserve bond.
Liquidity bonds help the protocol to accumulate and lock liquidity, while
Reserve bonds allow the protocol to grow its treasury to develop and promote the protocol.
Although the sale of Bonds in inflationary, the strategy is designed to benefit the Nukem Loans Protocol long-term. The impact of inflation on the NUKEM supply is very limited since assets traded in return for discounted NUKEM are used to back the value of the ongoing circulating supply of NUKEM.
Bonds are locked between 30 to 60 days to depending on which bond is acquired, into sNUKEM. Liquidity bonds help the protocol to accumulate and lock liquidity, while reserve bonds allow the protocol to grow its treasury to maintain costs for operating and developing further the protocol.
The strategy adopted is based on growing the value of the treasury by benefiting from the buy back mechanisms of the protocol, such that revenue generated is used to buy NUKEM from the NUKEM-USDT LP pools owned by the protocol. Not only will the positive buying pressure on the NUKEM circulating supply benefit from the assets backing its valuation, but all fees generated on the LP pools are retained by the treasury.
Last updated