Tokenomics

Overview of BUT

$BUT serves as the protocol token within the Bucket Protocol, with a total supply capped at 333,333,333 tokens. It plays a pivotal role in governance, incentivizing user participation in maintaining protocol stability, and enhancing the overall vitality of the ecosystem. Holders of $BUT can stake their tokens to acquire $deBUT, which grants them governance rights, allowing them to influence the future direction of the Bucket Protocol. Additionally, $deBUT holders are entitled to various rewards, further motivating active engagement.

The value of $BUT is driven by multiple factors, including the protocol’s internal revenue distribution, a token buyback mechanism, and increasing demand as the Bucket Protocol’s ecosystem expands. As the protocol’s Total Value Locked (TVL) grows, the market value of $BUT is expected to rise accordingly, offering holders the potential for capital appreciation.

BUT Distribution and Release Schedule

TBA