Buck Raises Token Yield to 10% and Adds Automated Rewards
Buck, a dollar-pegged yield token branded as a “SavingsCoin,” raised its annual yield to 10% APY from 7% and launched automated rewards distribution. Yield now accrues in real time and is collectable monthly; holders no longer need to claim rewards manually. Buck’s team positions the token as a user-friendly, non-staking passive income product that preserves a dollar peg while delivering yield. The upgrade increases Buck’s competitive stance among DeFi yield products and stablecoin alternatives, emphasizing automation, composability, and interoperability to reduce user friction and attract non-technical savers. The team says the move makes Buck a yield leader and signals further improvements ahead. (Keywords: Buck, SavingsCoin, yield, APY, automated rewards, stablecoin, DeFi)
Bullish
Raising Buck’s APY from 7% to 10% and adding automated reward distribution is likely bullish for the token and related market sentiment. Higher, easy-to-access yield increases demand from yield-seeking retail and institutional users, particularly given Buck’s no-stake, dollar-pegged design that lowers user friction. Automation removes a manual claim step, improving retention and reducing token sell pressure caused by claim-and-exit behaviour. Historically, protocol upgrades that raise yields and streamline UX (for example, liquid staking/reward automation improvements) have led to short-term inflows and price support for the asset while increasing TVL and on-chain activity. Short-term impacts: increased buy-side interest, higher on-chain deposits, and potential volatility as traders arbitrage yields or take profits. Some selling may occur as rewards are realized monthly, but automation can moderate abrupt outflows. Long-term impacts: if Buck sustains the peg and yield sustainably, it could capture a larger share of stablecoin-like savings demand, exerting structural upward pressure on demand for the token and strengthening its market position versus other yield products. Risks that could temper bullishness include unsustainable yield economics, peg instability, or broader DeFi market downturns; if any appear, the sentiment could reverse quickly. Overall, the announcement strengthens Buck’s product-market fit and is net positive for token demand and DeFi yield competition.