# BUCK Savings Rate (BSR) and sBUCK

### What is BSR? <a href="#what-is-dsr" id="what-is-dsr"></a>

The Bucket Protocol's Buck Savings Rate (BSR) feature enables Buck holders to earn a fixed savings rate on their Buck.

BUCK does not automatically earn savings; you must activate the BSR by staking BUCK into the staking pool. Users get **sBUCK** as a receipt token after they staked BUCK into the staking pool. It is important to note that BUCK can always be redeemed immediately, as there are no liquidity constraints, and it can ONLY be retrieved from the depositing account.

BUCK custodians can significantly benefit from integrating the functionality to activate the BSR on BUCK in their custody. Similarly, any decentralized exchange, wallet, or app can allow users to earn the BSR by integrating the functionality.

### sBUCK - Native Yield-bearing Stablecoin <a href="#sbuck-native-yield-bearing-stablecoin" id="sbuck-native-yield-bearing-stablecoin"></a>

As previously outlined, when users deposit BUCK into the staking pool, they receive sBUCK as a receipt token. sBUCK earns a fixed return through the BUCK Savings Rate, funded by the Bucket Protocol’s revenue.

This arrangement means that the value of BUCK that each sBUCK represents increases over time; therefore, the conversion rate from sBUCK to BUCK gradually rises. While the value of BUCK is pegged to remain stable at $1, the value of sBUCK is designed to appreciate over time.


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