# Welcome

Buck is a **yield-bearing savings coin** backed by STRC — Strategy's Bitcoin-collateralized preferred stock — delivering **\~10% APY** through contractual dividends rather than token emissions or trading strategies.

BUCK is not the same as a fiat stablecoin like USDC or USDT.

This means that the risks implicated by interacting with BUCK are inherently different.

BUCK is not an offer of securities or financial advice. Buck is not available for US persons. [Terms](http://buck.io/terms) Apply. Please refer to our extensive [Safety & Risks](https://buck-3.gitbook.io/buck-docs/safety-and-risk/risks) section for additional information.

{% hint style="warning" %}
You could lose some or all of your funds. Holding BUCK is not risk-free. Yield is not guaranteed and depends on the continued payment of STRC dividends. BUCK is not insured by the FDIC or any other government agency. Past performance and projected returns are not indicative of future results.
{% endhint %}

## How BUCK Works

BUCK holders earn \~10% annualized yield from STRC dividends, streamed continuously into the token price. Your BUCK stays in your wallet, and yield accrues automatically every second — no claiming, no snapshots, no action required. The BUCK price starts at $1.00 and appreciates over time as yield streams in.

| Month | BUCK Balance | BUCK Price | Your Value |
| ----- | ------------ | ---------- | ---------- |
| 0     | 1,000        | $1.00      | $1,000     |
| 3     | 1,000        | \~$1.025   | \~$1,025   |
| 6     | 1,000        | \~$1.05    | \~$1,050   |
| 12    | 1,000        | \~$1.10    | \~$1,100   |

**Hold BUCK. Receive 10% yield annually. It's that simple.**

## BUCK Token

| Token    | Purpose      | Value Driver                                          |
| -------- | ------------ | ----------------------------------------------------- |
| **BUCK** | Savings coin | \~10% APY from STRC's contractual preferred dividends |

## Why Buck?

{% hint style="info" %}
**External Yield, Not Emissions**

Buck's yield comes from real dividends paid by STRC — Strategy's preferred stock backed by $60B+ in Bitcoin. It's real yield from real assets.
{% endhint %}

* **\~10% APY** — From STRC's contractual quarterly dividends
* **Fully backed** — STRC treasury + USDC liquidity reserve
* **Continuous yield** — Yield streams into your BUCK price automatically, every second

## Quick Links

| Resource | Link                                                         |
| -------- | ------------------------------------------------------------ |
| Website  | [buck.io](https://buck.io)                                   |
| GitHub   | [github.com/buck-labs](https://github.com/buck-labs/buck-v1) |
| Twitter  | [@BuckToken](https://x.com/BuckToken)                        |
| Telegram | [buck\_discussions](https://t.me/buck_discussions)           |

| Contract          | Address                                      |
| ----------------- | -------------------------------------------- |
| BUCK Token        | `0xdb13997f4D83EF343845d0bAEb27d1173dF8c224` |
| Liquidity Window  | `0x6E87adb23ac0e150Ca9F76C33Df2AdCae508548E` |
| Liquidity Reserve | `0x1A426E3a87368a4851f7443Ff656A054Af872f66` |
| Rewards Engine    | `0x159c1C0F796a02111334cC280eE001b091a9580C` |

For contract addresses, see [Smart Contracts](https://buck-3.gitbook.io/buck-docs/technical/contracts).

## Get Started

Ready to earn 10% on your dollars?

* [Why Buck? →](https://buck-3.gitbook.io/buck-docs/getting-started/why-buck) — Understand what makes Buck different
* [Quick Start Guide →](https://buck-3.gitbook.io/buck-docs/getting-started/quickstart) — Mint your first BUCK in 5 minutes
* [How Yield Works →](https://buck-3.gitbook.io/buck-docs/how-yield-works/overview) — Understand the continuous yield streaming model

***

*buck.io •* [*@BuckToken*](https://x.com/BuckToken)