# Tokens

## **GUN - MIM Pegged Token**

GUN is designed to be used as a stablecoin for things such as exchange, lending, borrowing etc.&#x20;

The protocol's algorithm aims to maintain GUN's peg of 1:1 GUN:MIM in the long run.

**Note that GUN actively pegs via an algorithm, it does not mean it will be valued at 1 GUN: 1 MIM at all times as it is not collateralized. GUN is not to be confused for a crypto or fiat-backed stablecoin.**

**Contract :** <https://snowtrace.io/address/0x7350610b1d972a5dd3b5cad1d2138be53520af44>

## **TANK** - Protocol Shares

TANK are one of the ways to measure the value of the GUN Protocol and shareholder trust in its ability to maintain GUN close to peg. During epoch expansions the protocol mints GUN and distributes it proportionally to all TANK holders who have staked their tokens in the Artillery.

TANK holders have dao voting rights on proposals to improve the protocol and future use cases within the War Finance ecosystem.

TANK has a **maximum total supply of 50,001** tokens distributed  as follows:

1. *DAO Allocation: 4500 TANK* vested linearly 90 days
2. *Team Allocation: 4500 TANK* vested linearly over 90 days
3. *Rewards: 41000 TANK* are allocated for incentivizing Liquidity Providers in two shares pools for the next year
4. Initial mint: 1 TANK minted upon contract creation for initial pool

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