Introduction
Bucket Protocol, Sui's largest stablecoin platform with $80M TVL, is set for its Token Generation Event (TGE) on January 13, featuring an airdrop and public sale. This guide covers tokenomics, participation steps, and key strategies to maximize rewards.
Tokenomics Breakdown
Key Details
- Token: BUT (10 billion total supply)
- Utility: Stake BUT to earn deBUT (governance rights + emission rewards). Early unstaking penalties redistribute to deBUT holders.
Allocation & Unlock Schedule
| Category | Allocation | Unlock Terms |
|----------------|-----------|--------------------------------------------|
| Team | 15% | 6-month cliff, 15-month linear release |
| Ecosystem | 33% | Weekly vesting over 6 years |
| Airdrop | 10% | Distributed to early adopters |
| Public Sale | 15% | 1-year lockup (deBUT form) |
| Liquidity | 8% | Fully unlocked at TGE |
Strategic Notes:
- Low FDV Alert: $5M valuation vs. $80M TVL makes public sale highly attractive.
- Lockup: Public sale tokens are staked for 1 year (no early withdrawal).
How to Participate
1️⃣ Leaderboard & Public Sale (Deadline: Jan 11)
- Top 100 Leaderboard users qualify for whitelist slots at $5M valuation.
- Pro Tip: Staking sBUCK yields 4x multiplier—optimal for climbing ranks.
👉 Claim your whitelist spot now
2️⃣ Airdrop Farm (Deadline: Jan 13)
- Deposit SUI, haSUI, USDC, or other approved assets to earn Drops (convertible to BUT post-TGE).
- TVL: $23M+, indicating strong demand.
- Best for: Latecomers lacking leaderboard capital.
FAQs
❓ Is the public sale worth it?
- Yes! Bucket’s FDV/TVL ratio is significantly undervalued compared to peers like Ethena or Maker.
❓ Can I unstake early?
- No. Public sale tokens are locked for 1 year as deBUT.
❓ What’s the best strategy for small investors?
- Focus on Airdrop Farm—lower competition, higher ROI potential.
Final Tips
- Act fast: Leaderboard closes Jan 11; Farm ends Jan 13.
- Avoid overexposure to low-liquidity assets (e.g., BLUE, SEND).
👉 Explore Bucket’s official docs for latest updates.