Protocol token
$CLUBY
SoonCluby runs 35 isolated markets lending USDG against tokenized equities, index ETFs, commodities, treasuries and pre-IPO — and lending the shares themselves to shorts. $CLUBY is how that activity reaches the people who use and secure it.
There is no token yet.
No supply, no date, no price, no allocation, and no contract address — because none of it has been decided, and a page that invents them to look finished is the first thing that should make you leave. Everything below the fold is the part that is already running: real fees, from real interest, in contracts you can read today.
When there is an address, it appears here within thirty seconds of the transaction that publishes it. It will not arrive in a Telegram message, and anything claiming to be it before this page says so is not it.
Where the fees go
A lending protocol has exactly one honest revenue line: a share of the interest borrowers pay lenders. Everything else is a story, and stories do not survive a bad month.
Protocol fees
10%
of the interest the vault earns — never of the deposit. A lender who puts in a dollar can always take a dollar back out; the fee only ever touches yield that was already produced.
Today it is 0%, for the first 90 days. A curator with no track record charging a full fee is asking to be paid for a service nobody has watched work yet. Which also means every split on this page is currently a share of nothing, and this page says so rather than letting you assume otherwise.
Split of whatever is collected
Stakers
75%
Streamed by the second in USDG, not in newly minted tokens. A reward paid in the thing being minted is not a reward, it is dilution with a nicer label — and it is why most staking yields fall the moment anyone tries to leave.
Treasury
25%
Audits, oracle coverage, keeper gas, and the liquidity that makes a new market usable on the day it opens rather than a month later.
Two legs, not four. There is no buyback line here because a buyback funded by a fee that is currently zero is a press release, and no burn line because burning a supply nobody has been issued yet would be theatre.
Borrower rebate
10%
of the interest a borrower pays comes back to them weekly, in USDG, through a Merkle epoch weighted by an on-chain credit score. The score can move what you are paid. It can never move what you are allowed to borrow — that is the oracle's job and the liquidation threshold's, and handing it to a score would turn a spreadsheet into a risk parameter.
Builder share
50%
of the fee on volume a builder referred goes to that builder, permanently, and they may charge their own on top and keep all of it. Attribution rides in a calldata suffix, so an integrator needs no permission and no contract of ours. How it works.
Flash loan fee
0%
BSC lending charges nothing for a flash loan and neither do we. It is what lets a liquidation happen with no capital, which keeps liquidations prompt and competitive instead of reserved for whoever is already rich.
The token's own trading fee
A token launched on this chain collects a creator fee on its own trading whether or not anyone directs it anywhere. 5% of it is routed to stakers rather than to us — not because we are generous, but because the fee gets collected regardless and stakers are the better recipient. This one is genuinely not decided beyond that sentence, and it will be fixed on chain before it is described as anything more.
Why it exists
A lending protocol is constrained by one thing, and it is not demand. Borrowers arrive on their own; they post collateral before there is anything to draw against. What is scarce is supply, and everything this token touches points at that.
It deepens the markets
Supply is the flighty side of any lending market: it chases the best rate, it leaves on a bad week, it withdraws exactly when borrowers need it most. A coin launched on the launchpad cannot leave — most of its trading tax is supplied into a Cluby market as a lender and the principal has no withdrawal path at all. Every launch makes one market permanently deeper, and the treasury's share seeds the next one.
It funds the work
Audits, oracle coverage, keeper gas, and the observation memory we bought on every pool priced by a TWAP before a single market opened. None of that waits for revenue to exist, and none of it is optional: an oracle against a pool that cannot serve its own window is a guess, and a market priced by a guess should not be created.
It pays for use, not for holding
Every benefit below moves a fee, never capital: a borrower who holds it pays less net interest on the same position, a supplier who holds it keeps more of the same yield. Neither changes a liquidation threshold, a withdrawal right, or what any other depositor is owed. The token buys a better price, never better terms.
What $CLUBY will do
Three things, all of them paid in USDG out of fees that already have a source. None of it is a yield conjured from emissions, and none of it is a guarantee — it scales with borrowing, and borrowing varies.
Stake
Staked $CLUBY earns 75% of protocol fees plus 5% of the token's trading fee, both in USDG, streamed by the second. No lock: staking and unstaking are immediate, and unclaimed rewards survive both. The contract can only ever promise what has already been sent to it.
Cheaper credit
Holding $CLUBY raises your weight in the weekly rebate, so a borrower who holds it pays less net interest on the same position. It changes the price of credit, never the terms of it — your liquidation threshold is identical either way.
Supply boost
Holding $CLUBY raises the share of vault yield you keep. Same deposit, same risk, same withdrawal rights — the boost moves the fee, not the capital, and it cannot affect what any other depositor is owed.
Rewards depend on protocol revenue, which varies with borrowing activity. Nothing here is a guarantee of a return, an offer, a price indication, or investment advice.
The token itself
Four questions everyone asks first. Where the answer is not decided, it says not decided — and every one of these becomes a real value on this page the moment it is fixed on chain, without a redeploy.
Contract
Not yet
There is no address. Anything presented as one today is not ours.
Total supply
Not decided
No figure has been set. There will not be one until it is fixed on chain, and this line will show it when there is.
Venue
Not decided
No pool, no pair, no seed size. A launch venue announced before a launch is a target for whoever gets there first.
Allocation
Not decided
No team share, no investor share, no unlock schedule — none of it exists, and inventing one to fill this box is exactly the thing this box is here to refuse.
The address will be published from a contract, not from a website. A registry owned by the protocol's multisig holds it, and this page reads it from there. That means the most impersonatable string on this site — the one people paste into a wallet and send money to — changes only when the owner signs a transaction, and never because someone with a login says so. The ticker shown next to it is read from the token's own contract, so the label and the address cannot disagree.
Not configured
The machinery is already deployed. Here is what it holds.
Every number in this section is read from a contract when this page is built, not typed into it. The addresses are printed so you can fetch the same values yourself and catch us if they ever disagree.
Rebates are paid by
could not read
A Merkle distributor holding USDG. It refuses to publish an epoch its own balance cannot cover, so a published week is money already sitting in the contract — not an IOU, and not a race between whoever claims first and whoever was asleep. Nothing has been published yet, and this line will say so until something has.
Not configured
Waiting to be claimed
could not read
USDG held by that contract right now. Until the performance fee is switched on there is nothing to fund it with, so this reads zero. That is the honest number and it is the one we show.
Paid out so far
could not read
Summed across every epoch's claim total. It moves the moment the first borrower claims, and no sooner.
Performance fee today
could not read
Read from the vault itself. It is zero, so there is no revenue to split yet — and a page that shows a split without showing that the numerator is zero is lying by arrangement. Raising it is a call only the address above can make, and that address is a multisig, not a person's wallet.
Not configured
Notice before any change takes effect
could not read
The vault's timelock, on chain. A fee rise, a new market, a cap increase — each is submitted in public and cannot execute until this has elapsed, which is long enough for anyone who dislikes it to withdraw first.
Scores are recorded in
0–1000
The credit registry. The keeper publishes scores hourly; the contract stores the value and the moment it was written, so anyone reading it can see how stale it is and refuse to act on an old one.
Not configured
How a rebate is worked out
- 1. The week's interest is totalled per borrower from the chain's own events — not from our database. Anyone with an RPC endpoint can reproduce the input.
- 2. Each borrower's share is scaled by their score, which rises with debt repaid and time without a liquidation, and falls when a position is liquidated.
- 3. The USDG goes into the distributor first. Then the week is published. The contract will not accept it in the other order.
- 4. You claim your own share. Unclaimed money stays claimable for ninety days before it can be swept, so being slow costs you nothing.
What a score is not allowed to do
It cannot change what you may borrow. Not by a basis point. The registry is read when a rebate is computed and at no other moment — the threshold that decides your liquidation is fixed in the market when the market is created, and cannot be edited by us, by a score, or by anyone.
That line is what keeps an off-chain number from becoming a risk parameter. A score that could raise your leverage would be a spreadsheet standing between a lender and their money. The worst a broken score can do here is send someone the wrong rebate, and that is fixed by publishing the next week rather than unwinding the last one.
The order it happens in
Written down so it can be held against us. Each step is either done or it is not, and this page says which.
01
PlannedMarkets and fees
35 isolated markets are live on chain, with the contracts that collect and distribute a fee already deployed and owned by the multisig.
02
NextThe fee switches on
The performance fee moves off zero after the first 90 days, in public, behind the timelock. That is the first moment any of the splits above is a share of something.
03
LaterThe token
Supply, venue and allocation get fixed on chain, and the address appears on this page from the registry within thirty seconds of the transaction that publishes it.
04
LaterStaking and governance
Staking opens against the published token; stakers get a say in new markets, caps and risk parameters — never in an existing market's threshold, which nothing can change.
What the token will never control
The list matters more than the one above it. A governance token whose limits are unwritten is a governance token that will eventually be pointed at your collateral.
Your deposit and your collateral.
They sit in BSC lending, which is immutable and which we cannot upgrade or reach into. There is no vote that moves them, because there is no function that moves them.
A live market's threshold, oracle or interest model.
These are part of a market's identity, not its storage. Changing one does not edit a market — it names a different market that does not exist.
Liquidation.
It happens when the arithmetic says so, to anyone who calls it, at an incentive the protocol sets from the threshold itself. There is no allowlist and no discretion.
Withdrawal.
Vault shares are ERC-4626 and redeemable against available liquidity. No vote can pause it, and no timelock stands between you and your own money.