Buck Labs has launched the BUCK token, a yield-bearing governance token offering a 7% annual yield. The token allows holders to vote on reward distribution and is initially available to non-U.S. users. BUCK, priced at $1.00 at launch, is not a stablecoin and does not maintain a hard dollar peg. The yield is generated from Strategy's bitcoin-linked preferred stock, with returns accruing minute by minute. Founder and CEO Travis VanderZanden highlighted BUCK's role in providing predictable returns without active trading, positioning it as a savings solution for crypto users. The launch coincides with a crypto market rebound, with Bitcoin trading above $94,000, indirectly linking BUCK to the cryptocurrency's performance.