Get Ready for the $BUT Token Launch with Nightly Wallet!

January 8, 2025

Get Ready for the $BUT Token Launch with Nightly Wallet!

Have you checked your $BUT? The Bucket Protocol is launching its token, and the Token Generation Event (TGE) is set for January 13th! Let’s make sure you’re all set for the upcoming $BUT airdrop. Here’s everything you need to know!

How Do I Get $BUT?

How Do I Get $BUT?

There are four main ways to become eligible for $BUT:

  • Being on the Leaderboard
  • Airdrop Farming
  • Holding an @Aftermath.finance Egg NFT
  • Winning the Lucky Draw

What’s the Difference Between the Leaderboard Campaign and Farming Drops?

  • Leaderboard Campaign: Earn points by borrowing and depositing assets like afSUI, vSUI, haSUI, sBuck, and ST-SBUCK.
  • Farming Drops: Earn Drops by using specific assets. These Drops can later be converted into $BUT.

How Do I Enter the Lucky Draw?

Submit your email to the Lucky Draw on the official TGE Launchpad. What exactly you can win in the Lucky Draw remains a surprise!

Wait, I Heard About a Snapshot. When Is It?

Mark your calendar! The $BUT Airdrop Farm and Bucket Points Leaderboard snapshot is happening on January 13 at 19:00 UTC+8.

How Do I Check My Eligibility?

It’s simple:

  • Connect your wallet to the Bucket Protocol TGE Launchpad.
  • Verify your eligibility. This depends on whether you’re whitelisted, part of the community, or meet presale/airdrop criteria.

What’s the Timeline for $BUT?

  • January 11: Airdrop allocation revealed.

January 13: TGE begins! 25% of the $BUT supply will be distributed via two presale rounds and a community airdrop:

  • 2-hour whitelist sale
  • 2-hour public sale

Am I Eligible for the $BUT Presale?

Good news! The Bucket team has expanded the whitelist from Top 100 to Top 500:

  • Top 100: Extra $BUT allocation in the presale.
  • Top 101-500: You’re whitelisted too!

What Happens After the Presale?

All purchased tokens will be staked for one year, and you’ll receive $deBUT, a staked version of the token.

Benefits of $deBUT:

  • Weekly $BUT staking rewards
  • Governance rights
  • Revenue share from the protocol
  • Future penalties from users

Airdrop tokens? You can stake them too on the $BUT staking dashboard to earn $deBUT.

What Happens After the TGE?

After the TGE, all presale tokens will be staked for one year, and $deBUT holders will continue to enjoy:

  • Weekly staking rewards
  • Governance rights
  • Revenue share
  • Penalty earnings

Airdrop tokens can also be staked to receive $deBUT and enjoy the same benefits.

Still Have Questions?

Head over to the Bucket Protocol’s Discord for more details and support.

Get ready for $BUT with Nightly Wallet!