> For the complete documentation index, see [llms.txt](https://nukemloans.gitbook.io/nukemloans/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nukemloans.gitbook.io/nukemloans/nukem-loans-protocol/tokenomics/snukem.md).

# sNUKEM

The token addresses for **sNUKEM** are:

**On BSC:** 0x7e17a9a0BB02035354A344a3256997B0137466ae

**On ETH**: 0x7e17a9a0BB02035354A344a3256997B0137466ae

The fees generated from the 1% borrow fee levied on all loan advances as well as a 31% of ALL liquidation profits are used to buy NUKEM tokens from the market and are deposited in the sNUKEM ERC4626 pool. 

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2Fh6PiIBfmbZd3wXGlDSRB%2Fsnukem.svg?alt=media&amp;token=6a0a9021-a4bd-46c3-8aa3-078f9bf0c1b8" alt=""><figcaption><p>sNUKEM</p></figcaption></figure>

When users single-side stake their NUKEM tokens they receive sNUKEM ERC-4626 vault tokens.&#x20;

**sNUKEM** tokens represent your share of the pool. Your **sNUKEM** tokens are continuously compounding!&#x20;

When you unstake, you will receive all the originally deposited NUKEM tokens plus any additional NUKEM earned from **revenue share of fees**.&#x20;

**sNUKEM** will also allow users to take part in governance via snapshot.