# Why Buck?

## Real Yield from Real Assets

Buck is a savings coin that pays \~10% APY through STRC — Strategy's Bitcoin-collateralized preferred stock. STRC pays contractual quarterly dividends, and Buck passes this yield to holders via monthly distributions.

## What Makes Buck Different

### Yield from STRC Dividends

Buck's yield comes from **STRC**, Strategy's perpetual preferred stock on NASDAQ. STRC dividends are contractually obligated — not trading profits, not token inflation, not funding rates. This is real yield from a publicly traded instrument backed by the world's largest corporate Bitcoin treasury.

For full STRC details, see [Yield Overview](https://buck-3.gitbook.io/buck-docs/how-yield-works/overview#what-is-strc).

### Yield That Can't Go Negative

STRC dividends are contractually obligated preferred equity payments. Unlike funding rates or trading strategies, these dividends don't reverse. Your yield will never be negative.

### Monthly Distributions

Yield is distributed automatically in BUCK each month. [Learn about monthly distributions →](https://buck-3.gitbook.io/buck-docs/how-yield-works/distribution)

## Full DeFi Composability

### Works Everywhere

| Integration | Status     |
| ----------- | ---------- |
| Curve       | ✅ Live     |
| Uniswap V3  | ✅ Live     |
| Morpho      | 🔄 Coming  |
| Pendle      | 🎯 Planned |

## Earn Even More with Season 1

Right now, Buck holders earn multiple reward streams:

| Reward         | What You Get        | How                                |
| -------------- | ------------------- | ---------------------------------- |
| **STRC Yield** | \~10% APY           | Distributed automatically, monthly |
| **Points**     | Protocol Allocation | Hold $100+ BUCK                    |
| **Merkl BUCK** | $12,500/week pool   | Hold or LP during Season 1         |

[Learn about Season 1 rewards →](https://buck-3.gitbook.io/buck-docs/buck-points-program/points-program)

## How Buck Compares

|                     | USDC | sUSDe (Ethena) | USDY (Ondo) | **BUCK**           |
| ------------------- | ---- | -------------- | ----------- | ------------------ |
| **Yield**           | 0%   | \~5-15%        | \~4.65%     | **\~10%**          |
| **Can go negative** | N/A  | ✅ Yes          | ❌ No        | **❌ No**           |
| **Yield source**    | None | Funding rates  | T-Bills     | **STRC dividends** |
| **KYC required**    | No   | No             | Yes         | **No**             |
| **BTC exposure**    | No   | No             | No          | **Yes (via STRC)** |

Buck delivers the highest yield with the strongest backing: contractual preferred dividends from a $60B+ Bitcoin treasury, distributed monthly, no KYC required.

## Get Started

Ready to earn 10% on your dollars?

[Mint BUCK →](https://buck.io) | [Quick Start Guide →](https://buck-3.gitbook.io/buck-docs/getting-started/quickstart)

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*Next:* [*Quick Start Guide →*](https://buck-3.gitbook.io/buck-docs/getting-started/quickstart)
