
Bucket Protocol BUCK Stablecoin (BUCK)
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About Bucket Protocol BUCK Stablecoin
The Bucket Protocol BUCK Stablecoin (BUCK) is a robust and fundamental DeFi engine built on the Sui platform. Users can easily borrow BUCK dollars by enabling SUI ETH LST as collateral. With a collateral ratio of 7% and a liquidity of $2.78M, users can generate BUCK on their terms.
Using the Bucket Protocol BUCK Stablecoin is a simple three-step process. First, users deposit collateral accepted by the protocol and pay a one-time fee of BUCK. Next, they can borrow up to 90.9% of their collateral value in BUCK. Finally, users can utilize BUCK by depositing it into the Tank to purchase cheaper collateral or provide liquidity on DEX to earn.
The Bucket Protocol BUCK Stablecoin has a roadmap that includes milestones such as audits, mainnet launches, partnerships with games like Suilette and Coin Flip, hackathon bounties, and the integration of BUCK as collateral on lending protocols. Users can join the vibrant Bucket community through social media platforms such as Twitter, Telegram, Discord, and Medium.
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