Upcoming events

What is Bucket Protocol (BUT)?

Bucket Protocol enables users to enhance their financial efficiency with crypto assets by depositing them into a smart contract ('Bottle'). This allows them to generate the stablecoin $BUCK, pegged to the US dollar. Bottles must maintain a collateral ratio of at least 110%. $BUCK holders can redeem their stablecoins for collateral at any time. A redemption mechanism and automatically adjusted fees maintain $BUCK's peg at $1. The protocol uses immediate liquidation to encourage stable deposits and rebalance risk, resulting in lower collateral requirements and overall stability driven by user behavior and profit incentives, not strict controls or monetary policies.

Related coins you may like

Tradeleaf

$0.014128

0%

HotKeySwap

$0.014252

0%

Wagmi

$0.014975

0%

Blend

$0.010471

0%

Bemchain

$0.010466

0%

Trending coins

Lido Staked ETH

$3 546.2

2.79%

Dogecoin

$0.2016

2.95%

UNUS SED LEO

$8.964

0.02%

Ethereum

$3 552.8

2.79%

Tether

$1

0%

Hyperliquid

$38.034

0.83%

Wrapped Bitcoin

$114 389.2

0.8%

Wrapped Beacon ETH

$3 818.63

2.8%

Wrapped eETH

$3 846.49

1.79%

OFFICIAL TRUMP

$8.902

1.62%

Most visited cryptocurrencies

DogecoinDOGE

$0.2016

2.95%

TetherUSDT

$1

0%

BitcoinBTC

$114 510.8

0.83%

EthereumETH

$3 552.8

2.79%

RippleXRP

$2.993

4.76%

Lido Staked ETHstETH

$3 546.2

2.79%

SolanaSOL

$163.3

1.42%

USDCUSDC

$0.9999

0.02%

HyperliquidHYPE

$38.034

0.83%

UNUS SED LEOLEO

$8.964

0.02%

Global prices

BUT / DKKDanish Krone

0.083842

BUT / GBPBritish Pound Sterling

0.009806

BUT / HKDHong Kong Dollar

0.102206

BUT / INRIndian Rupee

1.136297

BUT / JPYJapanese Yen

1.919923

BUT / MXNMexican Peso

0.245686

BUT / AUDAustralian Dollar

0.020724

BUT / TRYTurkish Lira

0.495485