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.

BUCK-9,42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
FUD_Whisperervip
· 01-08 18:20
A 7% return sounds good, but I'm worried it might be another new trick to trap naive investors.
View OriginalReply0
ApeWithNoFearvip
· 01-07 06:15
7% annualized? MicroStrategy endorsement? It depends on how STRC performs.
View OriginalReply0
AirdropHunter007vip
· 01-06 15:46
7% annualized return? Sounds pretty good... but I'm just worried it might be all talk and no action --- MicroStrategy's backing is okay, but the fact that the price can still fluctuate makes this setup a bit confusing --- Savings coin? Basically just another yield token --- Only open to outside the US... emmm this pattern feels a bit familiar --- Earning income every minute sounds great, but let's see if you can actually withdraw it first --- STRC preferred shares directly support this, and the logic is quite solid, pretty interesting --- Another decentralized governance, another international layout... feels like the gameplay is getting more and more complicated
View OriginalReply0
MEV_Whisperervip
· 01-06 15:45
7% annualized? MicroStrategy's endorsement is outrageous, it feels like a new way to harvest retail investors again.
View OriginalReply0
BlockchainTherapistvip
· 01-06 15:42
7% annualized? Sounds good, but the price fluctuation is a bit disappointing.
View OriginalReply0
RugpullTherapistvip
· 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?
View OriginalReply0
BlockchainArchaeologistvip
· 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?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)