Former Uber Executive Launches Bitcoin-Linked Savings Token Buck, Offering 7% APY

Odaily Travis VanderZanden, founder of Buck and former executive at Uber/Lyft, announced that his team has officially launched the savings-oriented stablecoin Buck ($BUCK), positioning it as the "dollar of the Bitcoin world" with an annualized yield of 7%, requiring no staking, no lock-up, and involving no lending. Buck aims to combat the devaluation of the US dollar, introducing the new concept of "SavingCoin," emphasizing instant earnings upon deposit and strong liquidity, and highlighting that "users should earn yields, not be the product." Buck is not available to US users and is currently live on its official website buck.io.

Buck Token (BUCK) holders can receive monthly rewards in the form of STRC preferred shares from Strategy Inc. by participating in the Buck DAO. All buyers and sellers must undergo Anti-Money Laundering (AML) checks before trading.