Usual Labs: Building a Stable and Transparent Financial Ecosystem
Usual Labs is an innovative project designed to revolutionize stablecoins by merging traditional financial assets (such as U.S. Treasury Bills) with decentralized finance (DeFi) technologies. The project introduces USD0, a new stablecoin fully backed by real-world assets, ensuring security and stability. What Is Usual Labs? Launched to bridge the gap between traditional and decentralized financial systems, Usual Labs focuses on offering a safe, community-driven alternative to existing stablecoins like USDT and USDC. Key Features of Usual Labs 1. Real-World Asset (RWA) Backing • USD0 is fully backed by U.S. Treasury Bills, reducing risks compared to traditional stablecoins. 2. USD0++ Product • A locked and enhanced version of USD0 offering risk-free returns. • Profits are distributed daily or guaranteed every six months, providing users with flexibility in managing their funds. 3. Community-Centric and Decentralized Approach • Value is redistributed to users through the USUAL token, encouraging community involvement. 4. Transparency and Security • Built on a decentralized infrastructure to ensure operational security and transparency. Funding and Support • During its private launch phase, the project secured $75 million in commitments from prominent DeFi investors, including: • Frax Finance • Curve Project Goals • Redefining Stablecoins: Usual Labs aims to create a more transparent and secure version of stablecoins, improving upon existing models like Tether. • Merging Traditional Assets with DeFi: By introducing products like USD0++, the project connects real-world assets with decentralized protocols, enhancing liquidity. Future Plans • Public Launch Phase (Q4 2024): • Expected airdrops for early participants. • Opportunities for community engagement in the protocol’s development. Vision of the Founders • Pierre Person (CEO): • Aims to deliver a decentralized stablecoin backed by real assets while promoting transparency. • Focuses on redistributing financial value to the community, away from traditional institutions. How to Participate? To join the public launch or benefit from the project’s offerings, visit the official website: Usual Labs . Usual Labs represents a significant step toward building a fair and transparent financial system. Its innovative approach to stablecoins and decentralized finance makes it a promising option for investors and users seeking decentralization. $USUAL
#USUALonLaunchpool
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.