Buck launches bitcoin-linked ‘savings coin’ tied to Michael Saylor’s Strategy

The new governance token targets a roughly 7% annual yield funded by income from Strategy’s bitcoin-linked preferred stock. What to know : Buck Labs has launched the Buck crypto token, designed as a yield-bearing savings coin for users seeking returns on dollar-denominated crypto holdings. The token is backed by Strategy shares and offers rewards targeted at around 7% annually, with returns accruing minute-by-minute. Buck is structured as a governance token, allowing holders to vote on reward distribution, and is initially intended for non-U.S. users.(Coindesk)