Bucket Protocol
CDP protocol issuing the BUCK stablecoin on Sui
About
Bucket Protocol is a collateralized-debt-position protocol on the Sui network that mints BUCK, an overcollateralized stablecoin pegged to the US dollar. Users lock collateral such as SUI, BTC, ETH and liquid-staking tokens at a minimum 110% collateral ratio, with fixed borrowing rates, and the protocol uses a Peg Stability Module, a Tank, and Recovery Mode to defend the peg.
Stablecoins
Key products
Chains
- Founded
- 2023
- HQ
- Remote
- Stage
- Token / DAO
- Funding
- Private
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Aegis
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Alchemix
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