BUCK Stablecoin BUCKPrice $ 0.9977

Stablecoin BUCK is a USD-pegged stablecoin that users can mint by depositing collateral assets into Bucket. All BUCK transactions are publicly viewable on the Sui blockchain, and BUCK is backed by multiple types of over-collateralized digital assets, like BTC, ETH, and SUI.

Bucket’s Peg Stability Module (PSM) ensures BUCK’s peg integrity. It's a distinct vault featuring a 100% Minimum Collateral Ratio (MCR) and fixed interest, enabling a direct conversion rate between BUCK and USDC/USDT of 1:1. The vault under the PSM is shared. These vaults have specific parameters, including mint caps and conversion fees.