Things you need to know about staking USUAL
1. Staking has no lock-up period. You can unstake at any time.
2. Converting USUAL to USUALx for staking will incur losses.
2. Unlocking staking will deduct 10% of USUALx (total amount). Of the deducted 10%, one third goes to USUAL*, one third goes to USUALx still staked, and one third is burned.
3. USUALx can be sent to other wallets.
4. USUALx automatically compounds; your yield increases as the amount of USUAL that each USUALx can be exchanged for grows.
5. Investment carries risks; please ensure you understand what you are doing.
Official website
https://app.usual.money/earn
Stake USD0++ for 4 years! Conduct a 4-year equity stake.
It is a liquidity staking token (LST). It is a composable token representing staked USD0, similar to a liquid savings account. For every 0 USD staked, Usual will mint new USUAL tokens in a deflationary manner, and these tokens are distributed as rewards to users.
Lock-up time and liquidity USD0 can be staked for a 4-year equity stake through USD0++. You can cancel the stake early or sell your USD0++ on the secondary market at the current price. 1:1 Early cancellation allows for cancellation at any time before implementing the early cancellation feature.
Once launched, this feature will allow users to cancel their USD0 staking early by destroying their accumulated USUAL rewards. A portion of the destroyed USUAL will be shared with USUALx holders. USD0++ generates returns in USUAL while remaining fully transferable. These USUAL rewards incentivize the growth and widespread adoption of USD0, aligning user interests with protocol expansion.
Teaching
Method 1.
https://docs.google.com/document/d/15aR_iF_4hN6gxQRO10gYrAJLyhhu67jmBjYQgDAREg/edit
Method 2.
Transfer USUAL to a web3 wallet; you can transfer it directly.
It requires a fixed fee of 6.3 USUAL.
Then go to the USUAL official website (as mentioned above).
Go to link your wallet, log in with Binance, then proceed to transfer.
Havoc article 24
Details
1. Add usual tokens to the web3 wallet display: -> Funds -> Above web3 -> Bottom right Wallet -> Scroll down to the yellow text Manage Tokens -> Click the top right + sign -> Select ERC20 for the network and fill in the contract address 0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E.
2. Same as above, add USUALx tokens to your wallet; the contract address is 0x06B964d96f5dCF7Eae9d7C559B09EDCe244d4B8E.
3. Not much to say about withdrawing USUAL from spot funds to the wallet.
4. If there is not about 0.005 ETH in the wallet, you need to buy ETH from the spot market and then deposit it into the same wallet to complete the staking (I bought 0.01 ETH here; network fees are high, and I ended up with about 0.004 left; prices may fluctuate; for reference only).
5. Go to the official website app.usual.money, connect your wallet, then click the top left menu, choose Swap, and then click Swap on the page. A menu will appear; select Stake, then click the USUAL icon. Your USUAL holdings should be displayed below. Then, click Approve to confirm Staking and make the payment.
6. Go back to the official homepage, scroll down, and you should see your USUALx holdings and yield.
Analytical articles
Articles analyzing future value
What are USD0 and USD0++?
1. Usual has partnered with Ethena Labs and BlackRock's Securitize, making USDtb the main collateral asset for USD0.
A stablecoin developed by Ethena and Securitize, USDtb tokens can be traded on decentralized exchanges. The most active trading for USDtb occurs on Curve (Ethereum), with USDTB/USDC being the most active trading pair, and a trading volume of USD 110,605 in the past 24 hours.
1-1. https://www.coingecko.com/en/usdtb - The price of this currency.
1-2. What is USDtb? How does USDtb compete in the tokenization space? - Introduction on Bitkan.com
1-3. Usual will launch a sUSDe vault for USD0++ holders, allowing users to earn not only the annualized yield (APY) of sUSDe but also additional rewards from Ethena and Usual. This initiative offers more earning opportunities for stablecoin holders while showcasing the innovative collaboration between the two companies in the blockchain field.
You can pledge this stablecoin for considerable returns.
2. In simple terms, various assets are 1:1, and the lowest interest rate is the interest rate of U.S. Treasury bonds.
These two messages online feel conflicting.
You can see how many mechanisms USD0 and USDUAL have implemented to maintain stability and avoid panic selling.