Key Advantages

  1. 1.
    Interest-Free Liquidity: Bucket Protocol allows borrowers access to liquidity without interest or recurring fees. Users can freely use their BUCK stablecoins in the DeFi market.
  2. 2.
    Low Collateralized Ratio (110%): Bucket Protocol's novel two-layer liquidation mechanism can instantly liquidate under-collateralized positions, significantly reducing the collateralized ratio while maintaining stability.
  3. 3.
    Robust Price Floor and Ceiling: Bucket Protocol incorporates mechanisms to keep BUCK pegged to 1 USD. Arbitrage mechanisms and a flash loan service support this.
  4. 4.
    Governance-Free Algorithmic Monetary Policy: Bucket Protocol doesn't rely on governance for monetary interventions. All parameters are preset, algorithmically controlled, or immutable, allowing for more autonomous and efficient operation.
  5. 5.
    Censorship Resistance: As a decentralized system, Bucket Protocol operates without a centralized authority or special privileges, reducing risk of interference or manipulation.
  6. 6.
    Growth Incentives: Users contributing to the Protocol's stability are rewarded with BKT, the Protocol's secondary token. Staking BKT allows users to earn a share of the Protocol’s revenue from BUCK’s issuance and redemption fees.
  7. 7.
    Multi-Collateral: Bucket Protocol accepts several digital asset types as collateral, such as BTC, ETH, and SUI, allowing flexibility and growth potential.
In summary, Bucket Protocol offers an innovative, secure, and efficient system for users, enhancing market reliability and stability. By fostering a more stable and trustworthy environment, it provides opportunities for users to contribute to the Protocol’s stability and growth.