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Crypto Lending for Meme Coin Fans

This document describes Nukem Loans, a platform for lending markets involving memecoins and other high-risk cryptocurrencies. It allows meme communities to establish lending markets through smart contracts that minimize risks. Users can provide liquidity, take out over-collateralized loans, and earn interest and fees. The platform utilizes various ERC-4626 tokens to represent collateral, debt, and rewards from lending and liquidations.

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Charles Okon
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0% found this document useful (0 votes)
58 views16 pages

Crypto Lending for Meme Coin Fans

This document describes Nukem Loans, a platform for lending markets involving memecoins and other high-risk cryptocurrencies. It allows meme communities to establish lending markets through smart contracts that minimize risks. Users can provide liquidity, take out over-collateralized loans, and earn interest and fees. The platform utilizes various ERC-4626 tokens to represent collateral, debt, and rewards from lending and liquidations.

Uploaded by

Charles Okon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

SHITCOIN LENDING

NUKEM LOANS
Secure, Isolated and Underwritten MEMECOIN
LENDING

Come get some loan!


NUKEM

Lending markets for MEME coins do not exist


due to the exceptionally high-risk nature of
such investments.

11
NUKEM

Thats exactly the reason why we've done it.

21
PRODUCT Lending Mechanism NUKEM

We have developed a set of smart contracts enabling meme


communities to upgrade their token economics by establishing their
own lending markets. These contracts incorporate mechanisms
designed to minimize the associated investment risks, providing a
secure and efficient platform for users to engage in lending activities.

31
PRODUCT Fees NUKEM

SCENARIO

OR
LENDER
REPAY

BORROWER
OR

BORROWER LIQUIDATION

INTEREST

BORROW FEE This is the annualized percent


that your debt will increase each
This fee is added to your debt every time you year. The interest fee is later
borrow USDT or MEME. It equals 1% of borrowed distributed between Lenders.
amount.

LIQUIDATION FEE

When a borrowers collateral used for taking a


loan is liquidated, a % of the liquidation profit is
kept for the specific vault as a liquidation fee.

41
TOKENS NUKEM

NUKEM sNUKEM Liquidity Tokens Collateral Tokens

- the ERC20 or - an ERC-4626 or - tokens received upon - tokens obtained by


BEP20 protocol BEP-4626 vault token depositing MEME or USDT depositing MEME or USDT as
token. obtained by staking tokens into one of the lending collateral in order to take an
NUKEM tokens and vaults. There are 2 lending over collateralised loan in
used for fee-sharing Tiers: USDT or MEME!
and governance! - Tier 1 - earning 69% of all
-earns 100% of interest fees, unlocked
borrowing and 31% of - Tier 2 - earning 31 % of
ALL liquidation fees interest of a specific vault and
69% of ALL liquidation fees, Debt Tokens
locked

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

51
TOKENS NUKEM NUKEM

NUKEM
100% of the initial circulating supply will be released upon launch of the NUKEM
token in the NUKEM-USDT LP pool on both Ethereum and BNB Chain (70/30).

The only inflationary pressure for NUKEM circulating supply, will be the sale of
BONDS via the Nukem Loans dApp whereby all NUKEM minted will be in exchange
for liquidity used to back the valuation of NUKEMs market capitalisation.

INITIAL SUPPLY INITIAL LIQUIDITY


69,420,000,000 20,000 $

61
TOKENS sNUKEM NUKEM

sNUKEM
The liquidation fees (31% of ALL liquidation fees) & 100% borrowing fees
(1% per loan) generated from the USDT/MEME reserves are used to buy
NUKEM tokens from the market and are deposited in the sNUKEM
ERC4626 pool in the form of NUKEM tokens. When users single-side
stake their NUKEM tokens they receive sNUKEM vault tokens.

sNUKEM tokens are continuously compounding! Once unstaked, user


will receive all the originally deposited NUKEM tokens plus any additional
NUKEM earned from the borrowing/liquidation fees.

STAKE TO EARN COMPOUNDING


BORROWING / GAINS
LIQUIDATION FEES

71
TOKENS Liquidity Tokens NUKEM

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
69% 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 earn yield in USDT as well as share
31% of the revenue from the cUSDTMEME lending vault plus 69% of the
profit from liquidations from the associated lending vault! Penalties are
applied if vsUSDTMEME is unlocked before lock-up period ends.

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 earn yield in USDT as well as share
31% of the revenue from the cUSDTMEME lending vault plus 69% of the
profit from liquidations from the associated lending vault! Penalties are
applied if vsMEMEUSDT is unlocked before lock-up period ends.

81
TOKENS Collateral/Debt Tokens NUKEM

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

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

dUSDTMEME
- 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 dUSDT increases in size!
Debt
dMEMEUSDT
- 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 dMEME increases in size!

91
LENDING How it works? NUKEM

Liquidation Profit Liquidation Point


Max. LTV

Deposit Take a loan


Collateral

Collateral Debt increases


is volatile as interest
(unless accrues
USDT)

1
10
TOKENS Revenue Distribution NUKEM

INTEREST

Lenders Tier 1 Lenders Tier 2


31%

69% of Interest generated 31% of Interest generated on the


is distributed to Tier 1
Lenders who provide
69% specific MEME lending markets is
distributed to Tier 2 Lenders who
liquidity to the specific provide liquidity to the specific
MEME lending markets. MEME lending markets. Also, 69%
These lenders can of liquidation profits is distributed
withdraw their deposit to this lender Tier. Tier 2 lenders
without restrictions. are locked for specific amount of
time. (TBD)

BORROW FEES

100% of borrowing fee on each USDT loan (1%) is distributed to sNUKEM holders.

LIQUIDATION FEES

Liquidation fees are distributed between Tier 2 Lenders and sNUKEM holders in 69/31 ratio.

111
TOKENOMICS Bonds/Inflation NUKEM

DISCOUNT Bonds allow users to buy newly minted NUKEM tokens


direct from the protocol at a discount by trading it with
LP tokens or other assets.
BONDS

LOCK-UP Bonds take 10 to 60 days to unlock, depending on which


bond is acquired.

The impact of inflation on the NUKEM supply is very limited


INFLATION since assets traded in return for discounted NUKEM are
used to back the value of the ongoing circulating supply of
NUKEM.

BENEFITS 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.

1
12
LIQUIDATIONS Swapper NUKEM

SWAPPER

The Swapper smart contract computes the


available liquidity across AMMs on the blockchain
to figure out the swappable liquidate-able value
of any asset. This smart contract makes ledning
much safer but is also safer for the borrowers.

EFFICIENT LIQUIDATIONS

CURRENT PRICE

REAL LIQUIDATION VALUE

1
13
LAUNCH Operation Big Green NUKEM

GIB MOONIES
OG community members will send 70% of ~60 OG MEMBERS
1 their allocation in USDT to ETH and 30% to
BNB address. Addresses will be released TOTAL SUPPLY: 69,420M
48-72h before launch.

LAUNCH THIS PIG

2 Liquidities on ETH and BNB chain will be seeded with


10,000 USDT and 100% of NUKEM circulating
supply, split 70/30 between ETH and BNB networks.

BIG GREEN D MARKET CAP ~$15M


Community funds will then be used to
3 purchase NUKEM tokens from the market,
then automaticaly staked for 6 months and
distributed to community members in a
form of sNUKEM.
FAT ASS LIQUIDITY
Once NUKEM price is expanded, we will start offering
4 liquidity bonds - deposit USDT-NUKEM LP tokens, receive
discounted sNUKEM locked for 10 days.

NUK'EM LOANZ

LIQUIDITY/RESERVE BONDS 5 Lending platform release. Revenues up.


Intrinsic value of sNUKEM only up.

1
14
NUKEM

LETS NUK'EM LOANS!

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