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Why 10 APY onchain is possible — and what backs it (Buck, Dan Hillery) - Crypto Coin Show
Published 2 months, 1 week ago
Description
Fixed-income yield onchain sounds simple — until you realise most "yield" products in crypto either hide the risk or require constant manual management to capture it.
Dan Hillery, Head of Treasury at Buck, breaks down how Buck is building the first SavingsCoin backed by Strategy's Bitcoin-collateralized perpetual preferred stock (STRC), targeting 10% APY with automated reward distribution and no manual claims. From designing the protocol's fee structure to managing flow-of-funds across DeFi lending markets and DEX liquidity pools, Dan explains what it takes to bridge traditional fixed-income mechanics into on-chain infrastructure — and why the timing matters now as institutional capital looks for yield that doesn't require trusting a counterparty.
You'll learn:
- What a SavingsCoin actually is and how it differs from a yield-bearing stablecoin
- Why Buck uses Strategy's STRC as collateral and what overcollateralization means for token holders in practice
- How the protocol raised yield from 7% to 10% APY and whether double-digit yield is sustainable long term
- What automated reward distribution changes for users and why removing manual claims matters for adoption
- How treasury strategy, DEX liquidity, and lending market distribution fit together as a system
- Who Buck is built for first — and which geographies borderless savings matters most for
🔗 https://buck.io
🐦 https://x.com/hillery_dan
🔔JOIN OUR FREE NEWSLETTER FOR 100X GAINS🔔: https://cryptocoinshow.substack.com/subscribe
Dan Hillery, Head of Treasury at Buck, breaks down how Buck is building the first SavingsCoin backed by Strategy's Bitcoin-collateralized perpetual preferred stock (STRC), targeting 10% APY with automated reward distribution and no manual claims. From designing the protocol's fee structure to managing flow-of-funds across DeFi lending markets and DEX liquidity pools, Dan explains what it takes to bridge traditional fixed-income mechanics into on-chain infrastructure — and why the timing matters now as institutional capital looks for yield that doesn't require trusting a counterparty.
You'll learn:
- What a SavingsCoin actually is and how it differs from a yield-bearing stablecoin
- Why Buck uses Strategy's STRC as collateral and what overcollateralization means for token holders in practice
- How the protocol raised yield from 7% to 10% APY and whether double-digit yield is sustainable long term
- What automated reward distribution changes for users and why removing manual claims matters for adoption
- How treasury strategy, DEX liquidity, and lending market distribution fit together as a system
- Who Buck is built for first — and which geographies borderless savings matters most for
🔗 https://buck.io
🐦 https://x.com/hillery_dan
🔔JOIN OUR FREE NEWSLETTER FOR 100X GAINS🔔: https://cryptocoinshow.substack.com/subscribe