Key Advantages
Fixed Interest Liquidity: Bucket Protocol allows borrowers access to liquidity with fixed interest. Users can freely use their BUCK stablecoins in the DeFi market.
Low Collateralized Ratio (Minimum 110%): Bucket Protocol's novel two-layer liquidation mechanism can instantly liquidate under-collateralized positions, significantly reducing the collateralized ratio while maintaining stability.
Censorship Resistance: As a decentralized system, Bucket Protocol operates without a centralized authority or special privileges, reducing the risk of interference or manipulation.
Growth Incentives: Users who contribute to the stability of the protocol are rewarded with $BUT, the protocol’s secondary token. By staking $BUT, users can earn a share of the protocol’s revenue, which includes CDP fees, liquidation fees, flash loan/mint fees, PSM fees etc.
Multi-Collateral: Bucket Protocol accepts several digital asset types as collateral, such as SUI, LSTs allowing flexibility and growth potential.
In summary, Bucket Protocol offers an innovative, secure, and efficient system for users, enhancing market reliability and stability. Fostering a more stable and trustworthy environment provides users with opportunities to contribute to the Protocol’s stability and growth.
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