The much-anticipated major news from Usual has finally arrived!

In simple terms, they will distribute all protocol earnings each month to USUALx holders in the form of USD0.

This means that after staking USUAL, the USUALx you hold will not only bring actual cash returns but also grant you governance rights in the community DAO. In other words, USUALx is like stock in the real world, with dividends and voting rights.

This mechanism indeed provides a more solid value foundation for the USUAL token and is a huge benefit for the long-term development of the project.

Regarding this revenue distribution, there are several important points to note:

Only users holding USUALx are eligible to receive earnings, and these USUALx cannot be used in protocols like Morpho or Pendle.

Earnings are distributed on a natural month basis, based on a snapshot taken at the beginning of each month, and only those who complete an entire cycle can receive the earnings for that cycle. If you withdraw midway, you will not enjoy this month's distribution, and new users will have to wait until the next cycle.

The current month's protocol revenue is approximately 5 million USD, and this number will continue to rise with the growth of TVL.

This mechanism will start to be executed after 50% of USUAL is staked; even if the conditions are not fully met, it will automatically take effect from February 1, 2025 (UTC+0).

This update has brought significant actual returns to holders and further enhanced the value and attractiveness of the USUAL project.