Usual Labs is an innovative project designed to revolutionize stablecoins by merging traditional financial assets (such as U.S. Treasury Bills) with decentralized finance (DeFi) technologies. The project introduces USD0, a new stablecoin fully backed by real-world assets, ensuring security and stability.
What Is Usual Labs?
Launched to bridge the gap between traditional and decentralized financial systems, Usual Labs focuses on offering a safe, community-driven alternative to existing stablecoins like USDT and USDC.
Key Features of Usual Labs
1. Real-World Asset (RWA) Backing
• USD0 is fully backed by U.S. Treasury Bills, reducing risks compared to traditional stablecoins.
2. USD0++ Product
• A locked and enhanced version of USD0 offering risk-free returns.
• Profits are distributed daily or guaranteed every six months, providing users with flexibility in managing their funds.
3. Community-Centric and Decentralized Approach
• Value is redistributed to users through the USUAL token, encouraging community involvement.
4. Transparency and Security
• Built on a decentralized infrastructure to ensure operational security and transparency.
Funding and Support
• During its private launch phase, the project secured $75 million in commitments from prominent DeFi investors, including:
• Frax Finance
• Curve
Project Goals
• Redefining Stablecoins: Usual Labs aims to create a more transparent and secure version of stablecoins, improving upon existing models like Tether.
• Merging Traditional Assets with DeFi: By introducing products like USD0++, the project connects real-world assets with decentralized protocols, enhancing liquidity.
Future Plans
• Public Launch Phase (Q4 2024):
• Expected airdrops for early participants.
• Opportunities for community engagement in the protocol’s development.
Vision of the Founders
• Pierre Person (CEO):
• Aims to deliver a decentralized stablecoin backed by real assets while promoting transparency.
• Focuses on redistributing financial value to the community, away from traditional institutions.
How to Participate?
To join the public launch or benefit from the project’s offerings, visit the official website: Usual Labs .
Usual Labs represents a significant step toward building a fair and transparent financial system. Its innovative approach to stablecoins and decentralized finance makes it a promising option for investors and users seeking decentralization.
$USUAL
{spot}(USUALUSDT)
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