Bucket Protocol is a Collateralized Debt Position (CDP) protocol within the Sui ecosystem that offers a robust and fundamental DeFi engine. With Bucket Protocol, users can collateralize multiple assets, including $SUI, $BTC, and $ETH, and borrow stablecoin loans in $BUCK at a zero-interest rate. The protocol is non-custodial, immutable, and governance-free, providing users with a secure and transparent borrowing experience.

Borrowers can deposit collateral accepted by Bucket Protocol and pay a one-time fee to generate $BUCK. They can borrow up to 90. 9% of the collateral value, ensuring flexibility and accessibility.

Additionally, borrowers benefit from a minimum collateral ratio of 110%, ensuring the safety of both parties. $BUCK, the stablecoin issued by Bucket Protocol, is directly redeemable for the underlying collateral at any time. This feature provides users with liquidity and control over their funds.

Bucket Protocol also offers opportunities for profit through its various features. Users can earn revenue by depositing $BUCK into the TANK and earning liquidation gains and $BKT rewards. They can also stake $BKT and earn revenue from repayments, redemptions, and flash loan fees.

Overall, Bucket Protocol provides users with a comprehensive and user-friendly platform for interest-free borrowing, stability, and profit generation