Usual is Binance Launchpool's 61st project, giving you early access to hot ventures.
It decentralizes ownership and redistributes value to challenge stablecoin paradigms.
As price stabilizers, stablecoins are crucial to the crypto economy. Most stablecoins are centralized, restricting user ownership and ecosystem engagement.
Tether earned almost $2.5B in Q3.
Register on Binance and learn about Usual in the Binance Launchpool here. Get into the specifics.
1. Usual?
A decentralized system, Usual addresses stablecoin market issues in the $191B market.
Its ecosystem, which has three main components, redistributes ownership and gives consumers greater influence and benefits:
USD0++: Liquid Staking Token expands on USD0 by offering incentives for staking. It lets users lock up USD0 to generate $USUAL tokens while keeping their money transportable.
This product is like a savings account but completely integrated into DeFi, making it available to anybody who wishes to profit from their assets.
Governance Token
$USUAL powers Usual protocol. The token gives token holders control powers over protocol administration, such as collateral acceptance and income distribution.
To guarantee investors partake in the protocol's financial progress, $USUAL is closely related to its revenue.
Its token issuance method is exclusive to $USUAL. The protocol's Total Value Locked (TVL) determines the quantity of $USUAL tokens issued, balancing supply and income. This mechanism reduces dilution, making the token more appealing to long-term holders.
Stablecoin USD0 RWA-backed
Usual's stablecoin, $USD0, is backed by U.S. Treasury Bills to preserve stability.
The stablecoin is designed to be a digital dollar that can be used as a medium of exchange, store of value, trading asset, and more.
USD0's openness and security make it an option to stablecoins like USDT and USDC, with real-time reserves.
Liquid Staking Token USD0++
USD0++ adds staking payouts to USD0. It lets users lock up USD0 to generate $USUAL tokens while keeping their money transportable.
This product is like a savings account but completely integrated into DeFi, making it available to anybody who wishes to profit from their assets.
Ownership by Community
Usual emphasizes communal ownership. The protocol returns 90% of its value to the community via staking incentives or governance engagement.
This strategy switches stablecoins from centralized profit-retention to user-active ecosystem participation.
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2. Problem typically addressed
Centralization and tokenomics issues plague stablecoin and DeFi marketplaces.
While stable, stablecoins like USDT and USDC are controlled by centralized entities that keep most of the earnings. This mismatch benefits a few stakeholders while spreading crypto market risks.
Stablecoin centralization
USDT and USDC earn billions, yet centralized companies keep them. The public bears risks like devaluation in conventional banking systems, where profits are concentrated.
Issues with DeFi Tokenomics
The speculative nature of DeFi coins causes inflation and dilutes user ownership. Insider gains frequently trump value distribution in these coins. Incentives for short-term speculation create instability and distrust in the ecosystem.
Solution as usual
By giving users 90% of the protocol's ownership and value, Usual defies this standard. This community-focused paradigm lets users directly profit from stablecoin and protocol progress. The governance token, $USUAL, is related to the protocol's income and TVL, avoiding dilution and correlating value with financial health.
Usual promotes justice, stability, and long-term growth by combating centralization and speculative tokenomics.
Usual is composed of three components, each serving a specific role within its ecosystem. It addresses the issues of centralization and restricted user ownership in conventional stablecoin systems.
The USD0 stablecoin is the core of the Usual protocol, providing stability and dependability for users. Physical assets like U.S. Treasury Bills back it 1:1. This implies every USD0 coin is backed by real assets, safeguarding its value in uncertain markets.
USD0's main use case is for payments, serving as a reliable medium of exchange for daily transactions inside and beyond the DeFi ecosystem.
Trading Counterparty: It reduces cryptocurrency volatility by providing a reliable asset for trading pairs.
DeFi offers safe and transparent collateralization for loans and other financial products: USD0.
USD0 is unique because it avoids fractional reserves. This ensures that USD0 is always backed by assets, giving consumers confidence and transparency that typical stablecoins lack.
2. USD0++: Yield-Generating Liquid Staking
Liquid staking version USD0++ lets users earn payouts while preserving liquidity. Staking USD0 in USD0++ earns users $USUAL tokens for growing the platform.
USD0++ works by locking USD0 for a certain duration.
As compensation, they earn $USUAL tokens.
USD0++ may be transferred, allowing customers to spend their cash in DeFi while being staked.
USD0++ pays users passively like a savings account. This feature fosters USD0 adoption by offering advantages without trapping users into inflexible systems.
3. Governance and Ownership Token $USUAL
The Usual protocol governance token is $USUAL. While many governance tokens are symbolic, $USUAL is directly related to the protocol's income, making it attractive to holders.
Key $USUAL Features:
Governance Control: Holders may regulate income distribution, collateral kinds, and protocol issues.
income Sharing: The token is backed by 90% of the protocol's income, so holders benefit from ecosystem development.
Disinflationary Model: While the protocol develops, less $USUAL tokens are created due to the Total Value Locked (TVL) in USD0++.
To encourage long-term engagement, $USUAL holders who invest their tokens earn a share of freshly issued $USUAL.
The Usual protocol's $USUAL concept blends governance with financial benefits to make users active ecosystem participants and beneficiaries.
Usual's Binance Research website has further technical data and a closer look into these components.
4. Uniquely Usual
Usual addresses stablecoin restrictions and gives users actual ownership and development prospects. What distinguishes it:
Combining Growth and Yield
Users don't see billions from stablecoins like USDT and USDC. Ondo and Mountain stablecoins only share yield, not growth.
Usual gives users both:
The protocol generates cash for $USUAL holders.
Governance Rights: Manage and distribute finances.
Utility Rights: Stake, direct liquidity, etc.
Users become protocol success stakeholders in this scenario.
Redistributing Value
Usual's community-first strategy gives consumers 90% of value. Staking, governance, and other rewards benefit everyone.
Instead of periodic dividends, $USUAL governance distributes value evenly from a treasury, giving the community authority.
Deflationist Tokenomics
As the protocol matures, $USUAL tokens are released less often:
Early backers profit most from dilution protection.
Financial Health: Token supply meets revenue.
Long-Term Holder Incentives: Protocol rewards rise with scale.
This sustains and grows the environment.
Transparency, stability
Usual backs USD0 with real-world assets, independently confirmed and visible in real time, unlike many stablecoins. This openness establishes USD0 as a trustworthy option in any market.
5. Number-wise usual
Understanding Usual's core KPIs reveals its size and development potential. These numbers show how popular the protocol has been since its inception and its community-driven design.
Total Locked Value
Usual has $384 million in Total Value Locked after three months. TVL, which measures the ecosystem's asset security, is crucial to a DeFi project's success.
Growing User Base
Usual has almost 50,000 users. This rise indicates growing interest in a stablecoin concept that gives its community value and ownership.
Backing and funding
The protocol has 160 investors and $7 million. This funding shows trust in the protocol's long-term viability and potential to change the stablecoin market.
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$USUAL tokenomics
Fair distribution, long-term sustainability, and protocol growth are goals of $USUAL tokenomics. A breakdown of $USUAL token supply and allocation follows:
Category: Percentage Allocation
Community RewardsRewards and ecosystem growth: 64.5%
Binance Launchpool7.5% 300 million tokens
Initial Airdrop8.5% Incentives for user onboarding
Investors, Advisors5.68 % Early support and direction
Assignment of Teams4.32 % Development and operations
Growth of DAO and Ecosystem7.5 % Decentralized governance
Liquidity2%Market and trading support picture 2024 11 19 10 53 54
Key Supply Info:
The token supply is 4,000,000,000. $USUAL
Launch Circulating Supply: 494,600,000 (12.37% of total).
Binance Launchpool wins 300,000,000 tokens
Join Binance Usual
Usual's inclusion on Binance Launchpool and Pre-Market simplifies ecosystem participation. Binance users may easily get $USUAL tokens and profit from its features by staking in the Launchpool or trading in the Pre-Market.
Binance Launchpool Participation
Binance Launchpool lets users stake cryptocurrency for new tokens. At Launchpool, Usual users may stake BNB or other supported assets to gain $USUAL tokens.
Key Launchpool Details:
Beginning: November 15, 2024, 00:00 UTC
November 18, 2024, 23:59 UTC
Rewards: 300 million $USUAL tokens (7.5% supply).
Participation requires KYC.
Users must begin by:
Binance account registration or login.
Check out Binance Launchpool.
Stake BNB tokens for $USUAL incentives.
Visit Binance's announcement website for information.
Binance Pre-Market Trading
Binance Pre-Market lets consumers trade $USUAL tokens before their spot listing after Launchpool. This gives early access to the token and live trading.
Key Pre-Market Info:
Start: November 19, 2024, 10:00 UTC
End date: TBD.
Trade $USUAL tokens before spot listing.
Maximum Holding: $40,000 USUAL per user.
Binance Pre-Market is an unusual service that provides traders an early edge in cryptocurrency trading. Get your Binance account ready to trade to participate.
