> For the complete documentation index, see [llms.txt](https://docs.strater.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.strater.xyz/vaults/leverage-leveraged-staking/via-bucket-protocol.md).

# Via Bucket Protocol

## **What is Bucket Protocol**

Bucket Protocol is the CDP (Collateralized Debt Position) protocol in the Sui ecosystem, enabling users to deposit cryptocurrencies such as SUI, USDT, wETH with no interest charges, and borrow its native stablecoin BUCK.

## How it Works

Consider a user with an initial position of 10 SUI aiming for 2x Leverage.

1. User provides 10 SUI.
2. Flash loans of USDC are utilized to buy an additional 10 SUI.
3. This results in a total of 20 SUI.
4. Stake SUI to receive LST variants like afSUI/vSUI/haSUI.
5. Deposits the LST and borrows BUCK.
6. BUCK is used to purchase USDC, which repays the flash loan.

## In summary

* Asset: 20 LST
* Debt: 10 LST (in the form of BUCK)
* Equity: 10 SUI

## Fee

* For this service, a 0.2% fee is applied upfront.

## Additional Note

* **Simple leverage is similar but omits the conversion from SUI to LST in step 4.**
* During the staking process in step 4, due to LST's properties, the amount might be slightly less than 20, for instance, 19.99 LST. However, this still represents an underlying value of 20 SUI and does not affect the overall leverage.


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