Buck Labs Hikes Savingscoin to 10% APY-Bazinga!

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Buck Labs has jacked the yield on Savingscoin from 7% to 10% and cleaned house on distribution, delivering rewards automatically-no gas fees, no fuss, just a little vaudeville for your wallet.

Automated Yield

Buck Labs, a Florida-based tech outfit with the flair of a showman, announced Feb. 12 an upgrade to the yield on its “savings” digital coin from 7% to 10%, along with a total overhaul of distribution mechanics. The firm says the move aims to dominate the savings stablecoin niche, like a carnival barker shouting, “Step right up, folks, your money wants to be productive!”

According to a media statement, the core of the update is a 42% increase in rewards, pushing the annual yield into double digits. The statement noted that unlike many competitors in the decentralized finance ( DeFi) space that require users to manually “claim” rewards or pay gas fees to harvest interest, the new Buck protocol will distribute yields automatically to wallets-like a gifts-on-demand machine for your coins.

“The jump to a 10% yield is a milestone for Buck and a statement to the market,” Travis Vanderzanden, the CEO of Buck Labs, remarked. “In today’s economic climate, savers are looking for two things: simplicity and performance. By leveraging the institutional-grade yield of bitcoin-backed preferred equity, we’ve created a ‘SavingsCoin’ that offers double the returns of the competitors without the circus of traditional DeFi.”

Buck’s ability to offer a 10% yield is rooted in its unique treasury structure. Unlike algorithmic stablecoins that rely on internal mint-and-burn cycles, Buck is backed by the Buck Foundation’s holdings of Strategy’s perpetual preferred stock (STRC).

As previously reported by Bitcoin.com News, STRC is a bitcoin-collateralized instrument that pays the Buck treasury monthly returns. This institutional link allows the token to maintain a $1 peg while generating predictable, time-based rewards that accrue by the minute.

“We aren’t just giving users a place to store their money; we’re giving them a way to put it to work with the same transparency and rigor found in the traditional financial markets,” Vanderzanden added. “This 10% yield is a reflection of the strength of our underlying assets and our commitment to being the premier savings engine for the crypto economy.”

The timing of the yield upgrade comes as the DeFi sector grapples with increasing pressure to simplify user experiences. By removing the manual claim requirement, Buck is said to be targeting a mainstream audience that may be deterred by the operational complexity of on-chain finance.

As competition intensifies among yield-bearing assets, Buck’s leap to 10% places it among the most aggressive offerings in the market, challenging both traditional fintech savings apps and established DeFi protocols.

FAQ ❓

  • What is Buck Labs offering? Buck Labs raised its Savingscoin yield to 10% with automatic wallet payouts.
  • How does Buck differ from other DeFi projects? Unlike rivals, Buck distributes rewards instantly without gas fees or manual claims.
  • What backs Buck’s $1 peg and high yield? The coin is backed by bitcoin‑collateralized STRC preferred stock held by the Buck Foundation.
  • Why is this upgrade significant for savers?
    It doubles returns versus competitors while simplifying savings for mainstream users.

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2026-02-13 09:17