How distributions work.
Contracts, flows, and data sources used by the app. The v2 engine below is in preview: accrue, back, Drop, unwrap.
The v2 engine (live at 100%)
The v2 payout engine replaces per-asset thresholds with a per-holder one, and pays in Buckets: basket tokens backed 1:1 by the real stocks. It is live now and carries all fee flow; v1 is winding down its remaining inventory. Four steps, each provable by anyone.
Each epoch's fees buy the baskets once (5–8 swaps, not 33) and one index per Bucket ticks up. Your entitlement is your stake times the index move. The same math GMX and Synthetix have run for years.
Stocks sit in the Bucket vault. Shares can only mint against deposited stock, redemption can never be paused, and backing is checkable from the chain by anyone.
Clear about $2 accrued and your shares are pushed to your wallet automatically, batched. Anyone can trigger anyone's settlement. No claim button exists.
Burn shares for the underlying stocks one click, or hold. Pending and held shares both appreciate with the basket.
| today | v2 | |
|---|---|---|
| Delivery overhead | 8.6% of fees, measured | 1.5% measured, 2.1% ceiling at any scale |
| What arrives | median $0.03 crumbs | $2+ of your chosen Bucket |
| Cadence, median holder | dust, sporadic | a Drop every ~4 days, every holder within 30 |
| Claim button | never | still never |
Process
People trade Bucket
Trades route through the Uniswap v4 Bucket/ETH pool.
UNISWAP V4The fee hook collects 3%
Native ETH, taken directly inside the swap by the hook.
3%The treasury buys stocks
A keeper checks every 5 minutes. Once collected ETH clears 0.01 ETH, it's swapped into the basket, split evenly across each registered stock.
10 STOCKSThe cycle is distributed
Whatever stock the treasury just bought goes out pro-rata to every eligible Bucket holder in that same cycle, no separate trigger, no claim step.
SAME CYCLEWhat actually triggers a round
There's no fixed schedule, it's a threshold, checked on a fixed clock. Two separate things have to be true:
Buying Bucket vs. buying a stock directly
The Swap page has two tabs. They do genuinely different things, easy to conflate since both just look like "you pay ETH, you receive a token."
Why the fee is in ETH
Choosing what you get paid in
Two separate ways to set this, neither required, do nothing and you're covered by the default.
11 crypto assets are registered as of 2026-08-16: USDG, VIRTUAL, STONKBROKER, CASHCAT, PONS, FRONG, POOLS, JUGGERNAUT, IF, ETH (wrapped, direct 1:1, not a pool swap), and NET. See the Supported crypto section on Home. Each buy round splits Treasury's ETH across every registered asset (stocks and crypto together) in proportion to real demand, not evenly, an asset nobody's opted into gets nothing bought, so setting Crypto only or Both today actually does something, it isn't a placeholder.
Trading boosts your distribution weight
Your real ETH trading volume through the Bucket pool specifically, buys and sells combined, trailing 7 days, multiplies your existing pro-rata weight in every round. Stock/crypto swaps don't count toward this. Check your current tier on the Portfolio page.
Want your own account instead of the shared pool?
Get an Account through Community Bucket: a real onchain wallet, not a picture, that holds and grows its own asset position off the same fee flow above.
Free self-minting ended 2026-08-14, every Account now comes through Community Bucket's paid mint. Accounts minted before this keep working exactly as they always have: set preferences, trade, claim distributions, no changes.
Minted before and only see one stock, no picker, no image? That's a separate, earlier version of this contract, still works, just not upgraded to the above.
How a Buckethead multiplies what you earn
Series A and B let an Account choose where it gets paid. Series C adds a multiplier on top: the card carries a budget, and you spend that budget on the assets you want it aimed at.
Worked example: a 5× card holding 250,000 Bucket carries 1,250,000 of weight into its chosen asset. The same card holding 1,500,000 Bucket carries 2,500,000, because only the first 250,000 is multiplied and the rest counts once. More Bucket is still more weight, it is just not more multiplier.
How you point an account at what you want
Both generations of Account let you choose. What differs is how the weight behind that choice is worked out.
Set either from the Portfolio page, under My Accounts, once your wallet is connected. The card's artwork regenerates on chain from whatever you set, so the image always shows its real current moves.
Every address, disclosed
Bring your stocks over
Tokenized equities sitting in a wallet pay you nothing. Hold Bucket and trading fees buy real equities and send them to you. Hold 90 days and we refund the 3% entry fee, so moving costs you nothing.
The rules
- The rebate is 3% of your lowest Bucket balance across the 90 days, not your final balance and not your peak. Buy on the last day and you earn almost nothing.
- Paid in real tokenized equities, through the same Distributor every payout uses. Not cash, not more Bucket.
- You must stay above the 65,000 Bucket distribution bar for the whole window.
- Existing holders are excluded. A snapshot of every wallet already holding Bucket is taken before the offer is announced, and those wallets do not qualify. This pays new money only.
- No sign-up, no claim button, nothing to approve. Eligibility is worked out from chain history when the window closes.
What we are not saying
- This is not a promised return. Distributions come from trading fees, so a quiet week pays a quiet week. Recent run rate is roughly — distributed to holders, and it moves with trading volume.
- The dollar figure on that card cuts both ways. It is a worked example at the market cap printed on it. Your share is your position divided by market cap, so the same position projects a bigger number when Bucket is cheaper. That is arithmetic, not an argument that a lower price is better for you.
- Your stocks can still go up. The zero on that card is your share of trading fees, not your return. Your equities can rally without paying you a cent of fees, and if they do, holding them may well have beaten switching.
- You are swapping exposure. Sell TSLA for Bucket and Bucket's price becomes your risk, not Tesla's.
- A crowd dilutes itself. Your share of distributions is your position divided by market cap. The more people switch, the smaller each share.
Snapshot block: 48,776,003 · 1,645 wallets excluded
Stocks, crypto, or both. Your call
Free class toggle, no mint required. Or get an Account through Community Bucket: a real onchain wallet, not a picture, that holds and grows its own position off the same fee flow.
FAQ
Supported assets now live on the home page.
Protocol metrics.
Data read straight from the contracts, not a dashboard someone could fudge.
Based on the current Bucket/ETH pool quote.
Every real wallet currently holding Bucket.
Total ETH collected from fees.
Runs automatically whenever the keeper's onchain conditions are met, not a fixed schedule.
Real Bucket Accounts acquired through Community Bucket's paid mint, every series combined.
969,000,000 Bucket, 96.9% of supply, was seeded into a locked Uniswap v4 position at genesis with no withdrawal path in the contract, the owner can only ever collect trading fees, never the principal. Not a timelock that eventually unlocks; there's no code path that removes it, ever. How much Bucket sits in the pool today is set by the market, not by us: buying takes Bucket out and puts ETH in, so that balance moves every round. What cannot move is the position itself. View the lock contract →
Real Bucket/ETH reserves right now, not a running total of deposits.