Usual is a decentralized issuer of fiat-backed stablecoins, governed by the community through its $USUAL token.
The Usual protocol operates around three primary tokens, each serving a distinct role within the ecosystem. USD0 is a stablecoin fully backed by short-term, liquid, and low-risk assets, providing composability, permissionless access, and transparency within DeFi. USD0++ represents a liquid staking version of USD0, rewarding holders with $USU kens as an incentive for staking. $USU rds the protocol’s growth by supporting the adoption and use of USD0 within the ecosystem. As a governance token directly linked to real cash flows, holders an ownership stake in the protocol’s revenue, aligning community interests with the platform’s financial success.
The $USUAL trves as Usual’s core utility and governance asset, designed to empower its holders with direct influence over the protocol. Governance participation is central to the token's function, enabling holders to shape key financial decisions that drive the protocol forward. This control places decision-making in the hands of the community, ensuring that the project remains both decentralized and adaptive.
In terms of issuance, a disinflationary model, where new tokens are issued in alignment with the total value locked (TVL) in staked USD0, known as USD0++. As more TVL enters the system, scarcity of $USU adding value to the token and maintaining a balanced supply. This model is further complemented by a revenue-based issuance mechanism, where $USUAL’s supply growth rate is kept below the rate of revenue and treasury growth, ensuring that the inflation rate supports sustainable ecosystem development. #usualcoin $USUAL