The USUAL token is the native utility and governance token of the Usual protocol, a decentralized fiat stablecoin issuer that redistributes ownership and governance through its token.
This token plays a crucial role in the protocol's functioning, providing holders with governance control, disinflationary issuance, revenue-based model, staking rewards, gauge mechanism, and collateral management.
Key Features of USUAL Token:
Governance Control: Token holders have the power to manage the protocol and influence key financial decisions .
Disinflationary Issuance: The issuance of USUAL is tied to the TVL of staked USD0 (USD0++), creating scarcity as new TVL enters the system.
Revenue-Based Model: USUAL issuance is aligned with future cash flows, ensuring the inflation rate of USUAL supply remains lower than the growth of revenue and treasury.
Staking Rewards: By staking USUAL, holders activate governance rights and receive 10% of newly issued USUAL, incentivizing long-term behavior.
Current Market Performance:
As of today, the USUAL token is ranked #319, with a market capitalization of $164.70M and a volume of $42.95M ². The token's price has seen a 26.05% increase in the last 24 hours, with an all-time high of $0.4503 and an all-time low of $0.3079.
