New Crypto Innovation: BUCK Savings Token Launches
Buck Labs has launched a groundbreaking crypto asset called BUCK, designed as a 'savings coin' for non-US users seeking stable passive income through innovative blockchain mechanisms.
Yield Generation Explained
Priced initially at $1 with flexible valuation, BUCK generates returns through bitcoin-linked strategic assets. The Buck Foundation holds perpetual preferred shares tied to bitcoin's performance, which distribute periodic yields to fund token holder rewards.
Decentralized Governance Model
As a governance token, BUCK holders can vote on key decisions including yield distribution. The project team clarifies this is not a securities offering, with no involvement from Michael Saylor or his associated entities.
Targeted Market Positioning
Designed as a complementary tool rather than replacement for stablecoins, BUCK caters to investors seeking predictable crypto returns without active trading. Current yield target stands at approximately 7% annualized, accruing rewards by the minute.