Buck Labs announced it has raised the annual yield on its Savingscoin from 7% to 10% and introduced automated reward distribution mechanics.
The Florida-based firm said the upgrade represents a 42% increase in rewards and is designed to strengthen its position within the savings-focused stablecoin segment.
“The jump to a 10% yield is a milestone for Buck and a statement to the market,”
Said Travis Vanderzanden, CEO of Buck Labs.
Under the updated protocol, yields will be distributed automatically to user wallets without requiring manual claims or gas fees, aiming to simplify the experience compared with traditional DeFi models.
Buck said the 10% return is supported by the Buck Foundation’s holdings of Strategy’s perpetual preferred stock, rather than algorithmic mint-and-burn mechanisms.
“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.
The move comes as competition intensifies among yield-bearing digital assets, with Buck positioning its Savingscoin as a mainstream-friendly alternative offering double-digit returns without complex on-chain interactions.