【Crypto World】Buck Labs has recently launched a yield-generating digital asset called BUCK, with a very unique positioning — it is an exploration of the “savings coin” concept. The initial offering price is set at $1, with a design goal of providing approximately 7% annualized return. Interestingly, this yield does not come out of thin air. BUCK is directly backed by MicroStrategy’s STRC preferred shares, which generate continuous income for holders every minute. However, it is worth noting that BUCK is not a traditional pegged stablecoin, so its price is subject to fluctuation. The funds for the yield come from the MicroStrategy preferred stock reserves managed by the Buck Labs Foundation. From a governance perspective, the token introduces a decentralized governance mechanism. Currently, this product is mainly open to users outside the United States, reflecting its international development approach. Overall, BUCK represents a new asset management and yield distribution model in the Web3 space.
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FUD_Whisperer
· 01-08 18:20
A 7% return sounds good, but I'm worried it might be another new trick to trap naive investors.
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ApeWithNoFear
· 01-07 06:15
7% annualized? MicroStrategy endorsement? It depends on how STRC performs.
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AirdropHunter007
· 01-06 15:46
7% annualized return? Sounds pretty good... but I'm just worried it might be all talk and no action
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MicroStrategy's backing is okay, but the fact that the price can still fluctuate makes this setup a bit confusing
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Savings coin? Basically just another yield token
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Only open to outside the US... emmm this pattern feels a bit familiar
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Earning income every minute sounds great, but let's see if you can actually withdraw it first
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STRC preferred shares directly support this, and the logic is quite solid, pretty interesting
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Another decentralized governance, another international layout... feels like the gameplay is getting more and more complicated
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MEV_Whisperer
· 01-06 15:45
7% annualized? MicroStrategy's endorsement is outrageous, it feels like a new way to harvest retail investors again.
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BlockchainTherapist
· 01-06 15:42
7% annualized? Sounds good, but the price fluctuation is a bit disappointing.
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RugpullTherapist
· 01-06 15:29
7% annualized? Sounds good but it doesn't seem that simple
MicroStrategy endorsement is enough, I believe in it anyway
Prices will fluctuate... then the returns might also be unstable, right?
The concept of savings coins is popular again, optimistic about it
Earning every minute? This guy gets it
Wait, only available outside the US? Why is there such a restriction?
Decentralized governance again? In the end, it's still the big players who call the shots
Feels like an upgraded version of yield farming, could it also turn out to be a mess
If stablecoins can fluctuate, then what are they called? Haha
STRC preferred shares directly support... how long can this logic hold up?
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BlockchainArchaeologist
· 01-06 15:25
A 7% annualized return sounds good, but is the endorsement of MSTR preferred stock really reliable?
What's the situation with MicroStrategy?
The savings coin concept sounds like a repeat of the stablecoin approach, just with a different twist?
If the price can fluctuate, is it really "savings"? Isn't this just a high-yield token?
Buck Labs launches BUCK yield token: A new savings coin scheme supported by MicroStrategy
【Crypto World】Buck Labs has recently launched a yield-generating digital asset called BUCK, with a very unique positioning — it is an exploration of the “savings coin” concept. The initial offering price is set at $1, with a design goal of providing approximately 7% annualized return. Interestingly, this yield does not come out of thin air. BUCK is directly backed by MicroStrategy’s STRC preferred shares, which generate continuous income for holders every minute. However, it is worth noting that BUCK is not a traditional pegged stablecoin, so its price is subject to fluctuation. The funds for the yield come from the MicroStrategy preferred stock reserves managed by the Buck Labs Foundation. From a governance perspective, the token introduces a decentralized governance mechanism. Currently, this product is mainly open to users outside the United States, reflecting its international development approach. Overall, BUCK represents a new asset management and yield distribution model in the Web3 space.