BUCK is a yield-bearing savings coin backed by STRC (Strategy's Bitcoin-collateralized preferred stock). BUCK holders earn ~10% APY from STRC's contractual quarterly dividends, distributed monthly.
How does BUCK generate yield?
Through STRC's monthly dividends, paid to Buck's treasury, distributed monthly to BUCK holders. See Yield Overview for full details.
Do I need to claim my yield?
No. Yield is distributed automatically as additional BUCK tokens. Hold BUCK during the eligibility window on the 15th, and yield is distributed on the first business day of the following month. See Monthly Distribution for details.
What tokens does Buck Protocol have?
Token
Type
Purpose
BUCK
Savings coin
Hold to earn ~10% APY from STRC dividends
A governance token is launching after Season 1. Earn Buck Points through the Buck Points Program to maximize your allocation.
Yield & Distribution
When do I receive yield?
On the 1st of each month following the most recent eligibility window. If the 1st falls on a weekend or market holiday, distribution moves to the next trading day.
Why is the eligibility window the 15th from 9 AM - 4 PM ET?
STRC trades on NASDAQ during U.S. market hours. The eligibility window aligns with these hours so that STRC pricing is live and accurate during distribution.
What if I don't hold during the eligibility window?
Your portion rolls into the next month's distribution pool.
Can BUCK's yield go negative?
No. STRC dividends are contractual preferred equity payments — they are always positive or zero, never negative. Unlike funding-rate-based yields (Ethena), you will never owe yield back.
What currency is yield paid in?
BUCK. Your BUCK balance increases with additional Buck tokens.
