# Monthly Distribution

## How It Works

BUCK yield is distributed automatically each month. On the **15th of each month**, the protocol takes a snapshot during U.S. market hours to determine eligible holders. Yield is then distributed in BUCK on the **first business day of the month following STRC dividend payment** — no action required.

{% hint style="success" %}
**Eligibility Window**

**When:** 15th of each month, 9:00 AM - 4:00 PM Eastern Time

**Who:** All BUCK holders with a qualifying balance

**What:** Hold BUCK during this window to receive your share of STRC dividend yield
{% endhint %}

## The Eligibility Window

| Parameter             | Details                            |
| --------------------- | ---------------------------------- |
| **Date**              | 15th of each month                 |
| **Opens**             | 9:00 AM ET                         |
| **Closes**            | 4:00 PM ET                         |
| **Duration**          | 7 hours                            |
| **Why market hours?** | Aligns with STRC trading on NASDAQ |

### Why 9 AM - 4 PM ET?

STRC trades on NASDAQ during U.S. market hours. The eligibility window aligns with these hours so that STRC pricing is live and accurate during distribution. This ensures fair, real-time valuation of the protocol's collateral.

## Eligibility Requirements

To receive your monthly yield distribution:

1. **Hold BUCK** — You must hold BUCK in your wallet during the eligibility window

Just hold BUCK during the window. Yield is distributed automatically — no transaction needed on your end.

## Distribution Schedule

Eligibility is determined on the 15th of each month. Yield is then distributed on the **first business day of the following month**.

| Month         | Eligibility Date | Distribution Date |
| ------------- | ---------------- | ----------------- |
| February 2026 | Feb 15 (Sun)\*   | Mar 2 (Mon)       |
| March 2026    | Mar 15 (Sun)\*   | Apr 1 (Wed)       |
| April 2026    | Apr 15 (Wed)     | May 1 (Fri)       |
| May 2026      | May 15 (Fri)     | Jun 1 (Mon)       |

\*When the 15th falls on a weekend, eligibility is based on the last trading day before the 15th.

## What If I Don't Hold During the Window?

{% hint style="warning" %}
**Hold During the Eligibility Window**

If you don't hold BUCK during the eligibility window on the 15th, you won't receive that month's yield. Set a reminder for the 15th of each month.
{% endhint %}

## FAQ

### What currency is yield paid in?

Yield is distributed in additional Buck tokens.

### Do I need to do anything on the 15th?

No. Just make sure you're holding BUCK in your wallet during the eligibility window. Yield is distributed automatically.

### Does yield go to any wallet holding BUCK?

Yes, as long as your wallet holds BUCK during the eligibility window.

### Is there a gas fee?

No. Yield is distributed automatically — no transaction required on your end.

***

*Next:* [*BUCK Token →*](https://buck-3.gitbook.io/buck-docs/buck-token/buck-token)
