🪙 LOAN — Liquid Loans Rewards Token
Why We Chose LOAN
We selected LOAN because it gives Shiburnit Club members direct access to protocol fees generated in the Liquid Loans ecosystem. By staking LOAN, members earn a share of borrowing fees (paid in USDL) and redemption fees (paid in PLS). This makes LOAN an effective tool for compounding rewards while supporting our broader strategy of accumulation, collateral growth, and expanding the Rewards Pool.
Tokenomics Snapshot
| Metric | Value / Note |
|---|---|
| Total Supply | 1 billion LOAN (fixed at launch) |
| Distribution | Rewarded to Stability Providers (no premine) |
| Utility | Staked to earn protocol fees (USDL + PLS) |
| Fee Sources | Borrowing fees in USDL; redemption fees in PLS |
How LOAN Works
Staking: LOAN can be staked to earn a proportional share of Liquid Loans system fees.
Fee Streams:
Borrowing Fees — paid in USDL whenever someone opens a loan.
Redemption Fees — paid in PLS whenever USDL is redeemed to balance the peg.
Compounding:
USDL earned can be recycled back into the Stability Pool or restaked.
PLS earned can be accumulated for creating new collateral vaults and minting USDL.
This creates a compounding rewards loop that steadily increases accumulation.
How It Supports Our Strategy
Immediate Staking: Unlike idle tokens, every LOAN distributed into the Rewards Pool is staked as it’s accumulated — all the way until monthly Rewards Pool distributions.
Recycling Earnings: USDL and PLS earned through staking are recycled back into Stability and Staking Pools, fueling additional growth and minting capacity.
Bonus Airdrops: 100% of the LOAN allocated to Shiburnit Club is distributed through Bonus Rewards Pool Airdrops, giving members direct access to ongoing fees.
Flexibility: Members are free to do what they want with their LOAN airdrops — stake them for ongoing rewards, trade them, or hold them long-term.
Final Summary: Why LOAN Matters
LOAN isn’t a speculative “core” asset — it’s a pure rewards token that provides direct access to USDL and PLS fee streams. By staking LOAN as it’s accumulated, Shiburnit Club turns protocol fees into compounding growth that strengthens the Rewards Pool while giving members an extra layer of value through Bonus Rewards Pool Airdrops.
📌 Click Here to Learn about our next Bonus Rewards Pool Airdrop!