Buck
About
Buck is a utility token branded as "The World's 1st SavingsCoin™" that functions as a digital savings vehicle with built-in yield streaming. It's designed for users seeking yield without staking or lockups, automatically accruing value through treasury inflows. The token provides access to community features and protocol functionality while maintaining holder control of assets.
Where Does Yield Come From?
Buck generates yield through a system backed by a treasury. When new BUCK tokens are created, the money from those sales is used to buy STRC — special shares in a company called Strategy Inc.
The treasury earns regular payments (dividends) from those STRC shares. After covering fees and costs, that income is used to buy even more STRC. This repeated purchase makes the treasury’s pile of assets grow compared to the number of BUCK tokens in circulation.
Because each token is backed by more treasury assets over time, the price of BUCK is designed to rise gradually. The yield is automatically added to the token’s value, little by little with each new block on the blockchain — no staking, locking, or manual claiming is required.
The token’s value follows a “collateral-aware” pricing system, meaning it generally rises as the treasury backing per token increases. However, the price can still fluctuate based on changes in STRC’s value and overall market conditions.
Persons
Travis VanderZanden
founder & CEO
Brett Potter
VP of Engineering
Dan Hillery
head of treasury
Audits
| Audit / Date | Findings | Verdict |
|---|---|---|
Cyfrin28-11-2025 - 12-12-2025 |
| The audit uncovered a critical rewards accounting flaw that required a complete architectural overhaul of the RewardsEngine, alongside multiple high‑severity issues affecting solvency and reward distribution; most vulnerabilities were resolved before deployment, though the complexity warrants careful monitoring. |
Halborn17-11-2025 - 08-12-2025 |
| Halborn's audit found one critical phantom unit accounting vulnerability that could cause over-minting, plus several lower-severity issues, all of which were addressed by the Buck team through fixes or acknowledgments before deployment. |
Spearbit05-01-2026 |
| The audit uncovered several critical design flaws that were promptly fixed, demonstrating responsive remediation. However, residual acknowledged risks around CAP pricing methodology and USDC depeg exposure indicate protocol safety relies on operational controls pending v2 improvements. |
Backers
The Buck whitepaper mentions a $250,000 donation from an unnamed "strategic partner" to the Buck Foundation, with part of these funds contributed to the issuer for operational launch. The company balance sheet shows approximately $1,000,000 donated from the Cayman foundation parent entity. No specific venture capital firms, named investors, funding rounds with disclosed amounts, or investment dates are identified in the official website, whitepaper, or transparency pages.
Legal
Legal form
British Virgin Islands business company (company with limited by shares)
Registration jurisdiction
British Virgin Islands (company number 2183723)
Status and notes
Issuer is Buck Assets Ltd., a British Virgin Islands business company. Also references Buck Foundation, an exempted limited guarantee foundation company incorporated in the Cayman Islands. Legal entity details disclosed in Terms & Conditions and Privacy Policy pages.