The first meme that runs a protocol. Lend and borrow your favorite memes.

5/6 - Fees The docs break down the proposed fees, market reserves and how protocol revenue would support future $LOAN buybacks.
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6/6 - Liquidations What happens when a position becomes unhealthy? Explore the proposed liquidation process, the role of liquidators and the risks for borrowers and lenders.
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THE END. Read the full docs: loanmeme.io/docs No official $LOAN token or protocol is live yet. Any token claiming to be ours is fake. Stay tuned to our official channel (X) for launch updates.
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Loan docs are live. The meme that runs a protocol. Now, for the first time ever, you can lend and borrow your favorite memes. A new chapter for meme culture. loanmeme.io/docs A walkthrough below ↓ 🧵
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4/6 - Interest rates Borrowing has a cost. That cost can change. A walkthrough of the proposed rate model and the relationship between borrowing demand, available liquidity and interest.
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3/6 - Health factor How healthy is a borrowing position? Explore how collateral value, debt and liquidation thresholds work together, and what can move a position closer to liquidation.
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2/6 - Introduction Deposit a listed meme as collateral. Borrow stables against it. Repay your debt, interest and fees to unlock it.
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Hi world, I'm $LOAN loanmeme.io
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