The much-anticipated Token Generation Event (TGE) for Bucket Protocol, the largest stablecoin protocol on the Sui blockchain, is set for January 13, 2025. With a total value locked (TVL) exceeding $80 million, Bucket has rapidly become a cornerstone of DeFi on Sui, offering its native dollar-pegged stablecoin, BUCK. Now, as the project prepares to launch its governance token BUT, users are eager to understand how they can participate in the public sale, qualify for the airdrop, and maximize their potential rewards.
This comprehensive guide breaks down everything you need to know—from tokenomics and allocation to participation strategies and hidden opportunities—so you can make informed decisions before the big day.
What Is Bucket Protocol?
Bucket Protocol is a decentralized finance (DeFi) platform built on the Sui blockchain, designed to provide scalable, low-latency stablecoin solutions. As the top-ranked stablecoin protocol by TVL on Sui, it enables users to mint BUCK, a stablecoin pegged 1:1 to the US dollar, by depositing supported collateral assets such as SUI, haSUI, vSUI, and other ecosystem tokens.
Beyond just minting, Bucket offers yield-generating opportunities through staking, lending, and liquidity provision—making it a central hub for activity within the growing Sui ecosystem.
With the upcoming TGE, Bucket is launching its native utility and governance token: BUT.
BUT Tokenomics: Distribution & Unlock Schedule
Understanding the token distribution is crucial for assessing long-term value and scarcity. The total supply of BUT is capped at 1 billion tokens, distributed across key stakeholders with a focus on sustainability and community growth.
Token Allocation Breakdown
- Team (15%): Reserved for core developers and team members. Locked for 6 months, then linearly released over 15 months.
- Advisors (2%): Allocated to strategic advisors in the form of deBUT, with a 1-year lockup.
- Partners (2%): Given to key ecosystem partners as deBUT, reinforcing long-term collaboration through governance rights.
- Ecosystem (33%): The largest share, dedicated to incentivizing future development, community campaigns, grants, and integrations. Released weekly over 6 years.
- Public Sale (15%): For early supporters who participate in the IDO. Tokens received will be staked as deBUT with a 1-year lock.
- Airdrop (10%): Rewarding early adopters and active users. Claimable post-TGE.
- Marketing (5%): Funds outreach, education, and adoption initiatives.
- Reserve (10%): Held for operational needs, strategic investments, and protocol resilience.
- Liquidity (8%): Fully unlocked at TGE to ensure deep market liquidity from day one.
👉 Discover how early participants are already positioning themselves ahead of the BUT launch.
This balanced allocation emphasizes decentralization and long-term alignment, especially with extended vesting periods for team and advisors. The significant ecosystem allocation suggests ongoing incentives that could drive user acquisition well into the future.
How to Participate: Public Sale & Airdrop Strategies
With TGE approaching, timing is critical. There are two primary ways to get involved: the public sale (IDO) and the airdrop farming program.
1. Public Sale (IDO): Limited Access, High Potential ROI
Bucket’s public sale is split into two rounds:
Round 1: Whitelisted Sale
- Open only to top contributors
- Valuation: $5 million FDV
- Duration: 2-hour window
- Requirement: Be among the top 100 users on the Bucket积分 leaderboard (active until January 11)
Given that comparable protocols like Ethena and Usual have launched at valuations significantly higher than their TVL, a $5M FDV offer presents a compelling opportunity—especially considering Bucket’s strong $80M TVL foundation.
⚠️ Note: All BUT tokens from the public sale will be received as deBUT, meaning they’re staked with a mandatory 1-year lock. No early withdrawal options are available.
Round 2: General Public Sale
- Remaining unsold BUT from Round 1
- Same $5M FDV pricing
- Open to broader community participation
- Also requires 1-year staking commitment
While less exclusive, this round still offers rare early-entry pricing. However, demand is expected to exceed supply—so acting fast will be essential.
👉 Learn how decentralized stablecoins are reshaping DeFi yields—and why timing matters.
2. Airdrop Farming: The Accessible Path for Most Users
If you’re not in the top 100 on the leaderboard, don’t worry—the Airdrop Farm remains your best bet.
Launched on December 19, the farm has already attracted over $23 million in TVL, proving strong community interest. It runs until January 13, giving you a final window to earn Drops, which will later convert into BUT tokens post-TGE.
Supported Assets:
You can deposit any of the following to earn Drops:
- SUI
- haSUI
- vSUI
- BLUE
- SEND
- USDC / wUSDC (stablecoin deposits welcome!)
Unlike the leaderboard—which rewards based on point multipliers—the Airdrop Farm offers a more level playing field. Stablecoin deposits are particularly efficient for users seeking low-risk exposure without speculation on volatile assets.
💡 Pro Tip: Staking sBUCK currently offers 4x积分 bonus on the main leaderboard. However, for most retail users focused on airdrop yield rather than whitelist access, direct participation in the Airdrop Farm is more practical and time-efficient.
Frequently Asked Questions (FAQ)
Q1: When is the Bucket Protocol TGE?
The Token Generation Event is scheduled for January 13, 2025. Both the public sale and airdrop claim process will align with this date.
Q2: What is deBUT?
deBUT is the staked version of BUT. Holding deBUT grants governance rights and entitles users to protocol rewards. Tokens from the public sale and certain incentives are automatically converted to deBUT with a 1-year lockup.
Q3: How do I qualify for the public sale?
To join Round 1 (whitelisted sale), you must rank in the top 100 on Bucket’s积分 leaderboard before it ends on January 11. Round 2 is open to all but subject to availability.
Q4: Can I use stablecoins to farm the airdrop?
Yes! You can deposit USDC or wUSDC directly into the Airdrop Farm to earn Drops. This makes it easy for users who prefer capital preservation while participating.
Q5: Is there a minimum deposit requirement for farming?
No official minimum has been announced. Even small deposits contribute to your Drops accumulation, making this one of the most inclusive airdrops in the Sui ecosystem.
Q6: Where will BUT be listed after TGE?
While official exchange listings haven’t been confirmed yet, high anticipation suggests major platforms like OKX may list BUT shortly after launch, especially given Sui’s rising prominence.
👉 Stay ahead of new token listings with real-time market alerts.
Final Thoughts: Why Bucket Matters in 2025
As the Sui ecosystem continues its rapid expansion, infrastructure projects like Bucket Protocol play a pivotal role in enabling scalable DeFi applications. With robust TVL, an innovative stablecoin model, and strong community engagement, Bucket is well-positioned to become a foundational layer in Sui’s financial stack.
Whether you're aiming for whitelist access or simply farming Drops with stablecoins, now is the time to engage. The combination of early-stage valuation, generous airdrop incentives, and long-term ecosystem funding makes BUT one of the most promising launches of early 2025.
Don’t miss your chance to be part of it.
Core Keywords:
- Bucket Protocol
- BUT token
- Sui stablecoin
- TGE January 2025
- Bucket airdrop
- Public sale IDO
- deBUT staking
- Sui DeFi