Introducing the Bucket Point System: Earn Points for Future Rewards
We’re excited to announce the launch of the Bucket Point System — an exclusive opportunity to earn points toward future $BUT airdrops and rewards! This designated timeframe will ensure fairness and allow all our Bucket frens to actively participate and start accumulating points. Don’t miss out — this is your chance to get ahead and be rewarded for your support of the protocol!
How Does the Bucket Point System Work?
The Bucket Point System allows you to earn points through different activities within the Bucket Protocol. The more you engage with us, the more points you earn, which puts you in a great position for future rewards.
Earning Points in Bucket
- Open position on Bucket
When you open a Collateralized Debt Position (CDP) by depositing SUI LST (such as afSUI, haSUI, vSUI) as collateral to borrow BUCK, you’ll earn points.
• For every 1 BUCK you borrowed, you will receive 1 point per hour. - sBUCK Savings Pool
By staking your BUCK into the sBUCK Savings Pool, you will earn points for each sBUCK you hold.
• For every 1 sBUCK deposited, you will receive 1 point per hour.
Additional Points from Integrated Projects
In addition to the Bucket-native point rewards, we’ve integrated with external projects to offer even more ways to earn points. One example is Strater, but more will follow.
• Strater Integration:
For every 1 ST-SBUCK (Strater’s version of staked sBUCK) deposited into the BUCK Savings Vault, you will earn 1.1 points per hour.
As we continue to integrate with more projects, your point-earning opportunities will grow, giving you even more ways to participate and benefit!
Why Do Points Matter?
Points earned through the Bucket Point System will be key to determine your eligibility for future rewards, including $BUT airdrops. The more points you earn, the higher your chances of accessing the rewards as benefits from Bucket’s growing ecosystem.
By actively participating in the protocol — whether through borrowing BUCK or staking in our savings pools — you not only support the Bucket Protocol but also put yourself in a strong position for potential rewards in the future.
Powered by LiquidLink
We’re thrilled to partner with LiquidLink to deliver the new point system. LiquidLink’s robust infrastructure enables seamless tracking of on-chain scores, rankings, and engagement, ensuring transparency and fairness throughout the system. Their advanced data tools would assist us in providing an engaging and rewarding experience for all Bucket users.
How to Start Earning Bucket Points and Track Your Points
Step 1: If you have existing positions, first go to the reward or dashboard page and click the “Start to earn points” button to submit the transaction and begin earning points. If you don’t have any existing positions, you can skip this step.
Step 2: Start earning points by following the point system rules. This includes opening a CDP on Bucket, depositing sBUCK into the Savings Pool, or depositing BUCK into the Strater Savings Vault.
Step 3: Visit the Liquidlink point page, specifically under the Bucket branch, to view the leaderboard and detailed point breakdown.
Get Started Now
Start earning points today! Whether it’s through opening a CDP or staking BUCK into the sBUCK Savings Pool, every action counts toward your future rewards.
Join the Bucket Protocol and take the first step toward unlocking your future in the DeFi world. The more you engage, the more you earn!
