USUAL is a decentralized finance (DeFi) lending protocol built on the Kaspa (KAS) blockchain. USUAL aims to provide a secure, decentralized, and community-driven lending platform for Kaspa and other supported assets.
Here are some key features of USUAL:
1. Decentralized lending: USUAL allows users to lend and borrow assets in a decentralized and trustless manner.
2. Kaspa-based: USUAL is built on the Kaspa blockchain, leveraging its fast transaction times and low fees.
3. Community-driven: USUAL is governed by a decentralized autonomous organization (DAO), allowing the community to make decisions on the protocol's development and operations.
4. Multi-asset support: USUAL plans to support lending and borrowing for multiple assets, including Kaspa, stablecoins, and other cryptocurrencies.
5. Interest rates: USUAL's interest rates are determined by the market, allowing lenders and borrowers to negotiate rates based on supply and demand.
USUAL's goals include:
1. Providing liquidity: USUAL aims to provide liquidity to the Kaspa ecosystem and other supported assets.
2. Promoting decentralized finance: USUAL seeks to promote the adoption of decentralized finance (DeFi) and decentralized lending protocols.
3. Fostering community engagement: USUAL encourages community participation and governance, ensuring that the protocol is developed and operated in a fair and transparent manner.
By providing a decentralized lending platform, USUAL aims to contribute to the growth and development of the Kaspa ecosystem and the broader DeFi space.
