🔢Tokenomics

Nukem Loans has several tokens.

• NUKEM: the ERC20 or BEP20 protocol token.

• sNUKEM: an ERC-4626 vault token obtained by staking NUKEM tokens and used for fee-sharing and governance. The 1% borrow fees levied when loans are advanced as well as 31% of ALL liquidation profits are used to buy back NUKEM from the market and distributed to the sNUKEM pool!

• cUSDTMEME: an ERC-4626 vault token obtained by depositing USDT as a lender into specific and associated lending vault in order to earn yield in USDT from 100% of ALL interest accrued and compounded!

• vsUSDTMEME: an ERC-4626 vault token obtained by locking USDT into specific and associated lending vault in order to create a new lending market to earn yield in USDT from 100% of ALL interest accrued plus 69% of the profit from liquidations from the associated lending vault!

• cMEMEUSDT: an ERC-4626 vault token obtained by depositing MEME as a lender into specific and associated lending vault in order to earn yield in MEME from 69% of ALL interest accrued and compounded!

• vsMEMEUSDT: an ERC-4626 vault token obtained by locking MEME into specific and associated lending vault in order to create a new lending market to earn yield in MEME from 100% of ALL interest accrued plus 69% of the profit from liquidations from the associated lending vault!

• cMEME: an ERC-4626 vault token obtained by depositing MEME as collateral in order to take an over collateralised loan in USDT!

• dUSDTMEME: a rebasing non-transferrable ERC-4626 vault token obtained by taking a loan in USDT against cMEME collateral. As interest accrues the debt becomes bigger as a result dUSDTMEME increases in size!

• cUSDT: an ERC-4626 vault token obtained by depositing USDT as collateral in order to take an over collateralised loan in MEME!

• dMEMEUSDT: a rebasing non-transferrable ERC-4626 vault token obtained by taking a loan in MEME against cUSDT collateral. As interest accrues the debt becomes bigger as a result dMEMEUSDT increases in size!