Binance Launchpool: Usual
What is Usual?
Usual is a decentralized, RWA-backed stablecoin issuer that redistributes ownership and value, providing growth exposure to its users through the $USUAL token.
$USUAL drives USD0 stablecoin adoption, aligning contributor incentives and fueling protocol growth. Its innovative distribution model, based on protocol revenue, paves the way for new DeFi possibilities. This approach accelerates ecosystem expansion and fosters sustainable decentralization.
Key metrics (As at Nov 14th 2024)
Token Name:USUAL
Token Type:ERC-20
Initial Circ. Supply When Listed on Binance
494,600,000 (12.37% of total token supply)
Total and Maximum Token Supply:4,000,000,000
Binance Launchpool Allocation: 300,000,000 (7.50% of total token supply)
Binance Launchpool Start Date: Nov 15th 2024
Steps for Staking to start earning
1. Access Launchpool: Log in to your Binance account and navigate to the Launchpool section on the platform.
2. Stake BNB and FDUSD: Choose to stake BNB (Binance Coin) and FDUSD (a stablecoin on Binance) in the Launchpool. By staking these assets, you become eligible to participate in liquidity mining and farming activities.
3. Participate in Farming: Once you've staked your BNB and FDUSD, you will automatically start earning rewards in the form of newly minted tokens. These tokens are often from upcoming projects that are yet to be listed on Binance.
4. Claim Rewards: Periodically, you'll need to claim your rewards from the Launchpool. These rewards can be in the form of the newly minted tokens or additional BNB and FDUSD tokens.
5. Convert Rewards to Fiat or Other Cryptocurrencies: After claiming your rewards, you can choose to convert them into fiat currency or other cryptocurrencies available on Binance.