Last week, Binance announced a new project, $Usual. The project includes a LaunchPool opportunity, and Binance will be one of the first exchanges to list the coin on the Pre-Market this week.
In this article, I will discuss with you the details of the project and the coin, as well as the details about Launchpool and a price prediction for the coin.
What is the usual project?
The project is a decentralized protocol that issues stablecoins collateralized by real assets RWA. The project was launched in July 2024 and in a short time its stablecoin USDo managed to reach the top 10 in terms of market capitalization.
The idea behind USDo, which is trying to differentiate itself from other stablecoins, is that most of the stablecoins currently in existence are centralized and are based on assets held in banks. Therefore, the idea behind USDo is that the currency is collateralized by real-world assets to remove the barrier between the traditional financial sector and the digital currency sector.
What is the USUAL currency?
It is the governance currency and the accrued value of the Usual Project. According to the description of the currency in the White Paper, the currency is considered as if one owns a stake in the project. The research paper published by Binance explains that the uses of the currency are summarized as follows:
-Protocol control.
- Issuable against the reserved value of stored USDO.
- It has a accrual model tied to future revenue.
- Storage bonus.
- Mechanism to direct the distribution of liquidity.
- Management of the types of guarantees and their weights.
- Efficient protocol vault management.
USUAL coin details
The coin will be launched on the Ethereum network and the total coin supply will be 4 billion coins, but the total supply at the time of listing will be only 496.6 million. The distribution of the total usual coins will be as follows:
- Binance Launch Pool: 7.50%
- Initial launch: 8.50%
- Investors and consultants: 5.68%
-Team: 4.32%
- Organization and ecosystem: 7.50%
- Liquidity: 2.00%
- Community incentives: 64.50%
LAUNCHBULL COIN AS USUAL
Binance has announced its 61st Launchpool for USUAL. Lunch started on November 16 and will continue for four days until November 19. During this period, 300 million coins will be distributed to Launchpool participants. As usual in Launchpools, the currencies allowed to participate are BNB and FDUSD. 85% of USUAL coins will be allocated to $BNB participants, while only 15% will be allocated to $FDUSD participants.
How to get free digital coins?
Launchpool participants receive free digital currencies as long as they hold BNB or FDUSD for the duration of the Launchpool. After the Launchpool ends, you can get back the BNB or FDUSD coins you have stored in addition to the new project coins you have obtained.
During the USUAL Launchpool, 75 million tokens are distributed to participants, of which 63.75 million tokens are distributed to BNB participants and 11.25 million tokens are distributed to FDUSD participants.
How to participate in the regular Coin Launchpool?
1. Near Launchpool.
2. Choose the currency you want to store.
3. Enter the number of currencies you want to store.
After you have memorized the currency, the free coins will be added every hour. You can collect the coin every hour if you want, or wait until the end of the Launchpool and collect it all at once.
Although USUAL’s launch pool expires on November 19th, it will not be officially listed on the Spot Market. But if you want to buy or sell the coin before it is listed, you can do so in the Pre-Market. Quite simply, the Pre-Market allows Launchpool users to sell their coins before it is listed and opens the way for non-Launchpool participants to buy the coin before it is listed on any platform.
#Launchpool #Launchpool #usual
