The new savings coin BUCK is here: 7% annualized return, no rigid USD peg

【Blockchain Rhythm】 Recently, an interesting new token has emerged—BUCK, a new token launched by Buck Labs. Its positioning is quite unique, not a traditional stablecoin, but called a “Savings Coin.”

Simply put, it is a crypto asset that can generate passive income for you. The initial price is $1, but this is not a hard peg to the US dollar; the price will fluctuate with the market, so essentially it is a floating asset and not entirely equivalent to a traditional stablecoin.

How does the yield work? It’s a bit complicated—Buck Foundation holds perpetual preferred shares linked to Bitcoin (STRC), which can generate periodic income. These returns are then distributed to BUCK holders. The current annualized target is about 7%, calculated on a per-minute basis.

BUCK uses a governance token model. Holding it allows you to participate in voting on important matters such as profit distribution. The project team explicitly states that this is not a securities issuance. Overall, BUCK aims to supplement rather than replace the existing stablecoin ecosystem. Its target users are those who want relatively stable crypto yields but do not want to trade frequently.