Nuk'em Loans
  • Nukem Loans Protocol
    • ☢️Nukem Loans
    • 🔢Tokenomics
      • NUKEM
      • sNUKEM
    • 📃Bonds
    • 🔍The Trinity of Vaults
  • Our Ecosystem
    • 🗳️Governance
      • Path to Permissionless Lending Markets
        • Introducing Voting Staked Tokens
  • Nukem Loans Beta dApp
    • 🔏Stake
    • 🤑Borrow
    • 🦍Leveraged Positions
    • 👈Repay
    • 💸Lend
    • 🏦Markets
    • 📊Interest Rates
    • ☠️Liquidations - NUKE
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  1. Nukem Loans Protocol
  2. Tokenomics

sNUKEM

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Last updated 1 year ago

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.

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

sNUKEM tokens represent your share of the pool. Your sNUKEM tokens are continuously compounding!

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

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

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sNUKEM