The largest stablecoin protocol on Sui, Bucket Protocol, announced that it will conduct a Token Generation Event (TGE) on January 13 and hold an Initial DEX Offering (IDO) public sale. How is the tokenomics of Bucket? Is the public sale worth participating in? How many tokens will be allocated for the airdrop? (Background: Sonic SVM Airdrop inquiry is now live! Applications open on 1/7, with multiple exchanges like OKX, Bybit, etc. listing simultaneously.) (Additional context: The Hair Pulling Gang never dies: 30 airdrop projects worth watching in 2025) Bucket Protocol is ranked in the top 10 by Total Value Locked (TVL) on Sui, with a total locked value of 80 million USD, and it is also the largest stablecoin protocol on Sui, having its native stablecoin BUCK pegged to the value of the US dollar. Bucket Protocol announced that it will conduct a TGE on January 13 and hold an IDO public sale. How is the tokenomics of Bucket? Is the public sale worth participating in? How many tokens will be allocated for the airdrop? Tokenomics Basic Information Token Name: BUT, with a total supply of 1 billion tokens. BUT can be staked for deBUT to gain governance rights and participate in BUT emissions. Penalties for early withdrawal of staking will also be redistributed to deBUT holders. Token Distribution Team (15%) allocated to the core team of Bucket, locked for 6 months and released linearly over 15 months. Partners (2%) reserved for key partners, distributed in deBUT form, with a one-year lock-up period to strengthen strategic partnerships with governance rights. Advisors (2%) allocated to advisors, distributed in deBUT form, with a one-year lock-up period. Ecosystem (33%) to incentivize the development of the ecosystem, activities, and community participation. Released weekly over 6 years. Pre-sale (15%) allocated to early participants to support and gain early access to BUT, with a one-year staking period (in deBUT form). Airdrop (10%) to recognize and incentivize early supporters and encourage broader adoption. Marketing (5%) to support expansion and growth plans. Reserve (10%) for operational needs, future development, and strategic initiatives to ensure the project's sustainability. Liquidity (8%) fully released at TGE. Participation Guide The Bucket leaderboard will continue until January 11. The Airdrop Farm event will last until January 13, and now is the last chance to participate. Leaderboard & Public Sale The participation guidelines for the Bucket leaderboard event are detailed in the article from the end of September, which can be referred to as the Gold Mining Manual | Fourth Quarter Token Distribution! The Bucket airdrop (TGE postponed from Q4 to January 13, within the acceptance range). It is worth noting that currently staking sBUCK can earn 4 times the points bonus, and the cost efficiency of the loan position is lower than directly using stablecoins to exchange for BUCK deposits. The top 100 on the leaderboard will qualify for a public sale allocation valued at 5 million USD. Referencing related protocols: Usual and Ethena have an FDV greater than their TVL, while the largest Maker has an FDV equal to one-third of its TVL. Based on Bucket's TVL data valuation, a 5 million USD FDV is nearly a guaranteed profit. Note: Tokens from the pre-sale will have a one-year lock-up period and cannot be withdrawn early. Specific Information on Public Sale: The first round of public sale (BUT whitelist sale): Open to ecosystem partners, contributors, and the Bucket community at a valuation of 5 million USD. Tokens will be staked for one year, with no early withdrawal option. A two-hour pre-sale window. Currently, the way for ordinary users to obtain a whitelist is to rank in the top 100 on the leaderboard. The second round of public sale (BUT public sale): Remaining allocations from the first round will be offered to a broader community at a valuation of 5 million USD. Tokens will be staked for one year, with no early withdrawal option. Farm Event Bucket has also launched an airdrop mining event, which started on December 19 and has reached a TVL of 23 million USD so far. It is not too late to participate, and it will continue until January 13. In the Airdrop Farm event, in addition to depositing SUI, haSUI, vSUI, BLUE, SEND, and other Sui ecosystem tokens, participants can also directly deposit stablecoins such as USDC and wUSDC to mine airdrops and receive Drops, which can be exchanged for BUT tokens after TGE. If you did not participate in the leaderboard previously and do not have enough capital to squeeze into the top 100 to earn pre-sale whitelist qualification in a short time, it is recommended to mainly participate in the Airdrop Farm event! The time disadvantage is smaller, and there may be significant returns. Related Reports USUAL opens at a price at Binance, "逆市暴漲 25%", how fierce is the airdrop from the Federal Reserve? Analyzing this year's most successful airdrop: How did Hyperliquid "先產品後代幣" ignite the market? Is the OpenSea airdrop coming? It was discovered that the foundation registered in the Cayman Islands, and the community speculates it is preparation for issuing tokens. "The largest stablecoin protocol on Sui, Bucket announces 1/13 airdrop, IDO public sale participation tutorial, and tokenomics" was first published in BlockTempo (Dongqu Dongqu - the most influential blockchain news media).