How Buck Reached 10% Yield Without Compromising Stability in DeFi's Rate Wars

This story was originally published on HackerNoon at: https://hackernoon.com/how-buck-reached-10percent-yield-without-compromising-stability-in-defis-rate-wars. Buck increases yield to 10% and removes manual claim requirements, introducing automatic rewards in bid to lead emerging SavingsCoin category. Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #buck, #buck-news, #cryptocurrency, #defi, #strc, #good-company, #web3, #blockchain, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Buck Labs announced on February 12 that it would increase yields from 7% to 10% and transition from manual reward claims to automatic distribution. The changes apply to the existing token infrastructure, not a separate asset, and represent the company's attempt to carve out territory in what CEO Travis VanderZanden describes as the "SavingsCoin category"