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. @SuiNetwork Ecology can be said to be the most eye-catching Layer 1 in this bull market!
Recently, it has also set a new high in coin price! 🌊 🌊
In the past half year, $Sui has risen by more than 500%, and the on-chain locked-up capital has grown by as much as 350% in the past half year. The main on-chain exchange @CetusProtocol token $Cetus has risen by more than 400%, and the order book liquidity protocol @DeepBookonSui token $Deep has risen by more than 200%... x.com/i/web/status/18773244791...

The content is as follows:
1️⃣What is Bucket Protocol?
2️⃣ Native token $BUT Release and airdrop activities
3️⃣ $BUT Tokenomics token economy
4️⃣ $BUT TGE related matters
💡 What is @bucket_protocol?
Bucket is a decentralized stablecoin protocol in the Sui ecosystem. Users can deposit crypto assets into on-chain contracts, establish a collateral position (CDP), and then lend stablecoins linked to the US dollar $BUCK to participate in DeFi activities to earn income.
✨ What are the features?
• Mortgage rate and exchange mechanism:
Each CDP (position or position) only needs to maintain at least 110%... x.com/i/web/status/18773245035...
💡 @bucket_protocol Main functions:
📍PSM (Stablecoin Exchange Module)
Through the PSM module in Bucket Swap, users can exchange the stablecoin $BUCK with our commonly used USDT/USDC at a 1:1 ratio into $BUCK
👉 PSM In ( $USDC/$USDT → $BUCK ) No handling fee
👉 PSM Out (exchange $BUCK → $USDC ) is subject to an additional 0.5% exchange fee
📍… x.com/i/web/status/18773245222...


💡Native token $BUT Release and airdrop activities
Native token $BUT will be released on January 13, 2025
Previously, a points snapshot of the agreement will be taken on the 11th
If you want to qualify for the whitelist, you need to complete the relevant conditions:
📍 TGE community activities: Join Discord to keep active in chatting and keep an eye out for official surprises
📍 Bucket Points Ranking: Top 100 will receive WL seats, snapshot will be on 1st 2025… x.com/i/web/status/18773245349... twitter.com/163845344264050688...
💡 Airdrop Pledge Farm is an activity launched by Bucket for airdrops, starting from December 19 last year to January this year
As long as you deposit the relevant tokens into the farm, you can get Drops tokens, and these Drops tokens will be converted into $BUT airdrops when $BUT is released. It can be said to be a pure money-giving activity.
The airdrop pledge farm accepts many @SuiNetwork ecological assets, including... x.com/i/web/status/18773245471... twitter.com/163845344264050688...
The airdrop activity attracted a lot of market attention! 💥
@bucket_protocol’s one-month TVL has increased by 170% and is currently around 115 M
Ranked sixth in the Sui ecosystem overall! It is also the only CDP protocol in the top ten

💡 $BUT Tokenomics token economy
📍Token name: Bucket Token
📍Code name: $BUT
📍Maximum total supply: 1 billion
📍Token distribution:
• Team (15%)
• Partners (2%)
• Consultants (2%)
• Ecological (33%)
• Pre-sale (15%)
• Airdrop (10%)
• Marketing (5%)
• Reserve (10%)
• Liquidity (8%)

More details:
🔥 Join the Biyan community to discuss more market opportunities:
• Chinese Telegram community: bit.ly/3YmFBrN
• Hong Kong Telegram community: bit.ly/HK-TG-Group
• Subscribe to the Daily Coin Research Telegram channel:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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