$USUAL to reform? The main focus of $USUAL and its USD0++ stablecoin protocol:
Long-term vision: USD0++ adopts a four-year framework to ensure the stability of users and protocols, incentivizing long-term participation by providing a consistent and predictable income stream.
Robust fundamentals: USUALx holders will start receiving tokens backed by a guaranteed four-year income stream from February 1, 2025, currently providing an annualized yield of more than 60%.
Anti-volatility measures: Dual-path exit options are provided through the USUAL dAPP, including a 1:1 early unstaking function (launched early next week) with a floor price of $0.87.
Stability support: USD0++ is fully backed by USD0, which is 100% collateralized by T-Bills, and the yield is not affected.
Income-driven flywheel effect: Income is generated from the floor mechanism and early unstaking, enhancing the value of USUAL and driving the growth of USD0++ yield and TVL.
DeFi Integration: Plans to integrate with products such as Morpho Market, New Vault, and ETH0 to expand the scope of USD0++.
Incentives: Through the revenue switching mechanism, part of the protocol revenue flows back to the USUAL token, strengthening its utility, value, and governance.
Price Discovery Process:
Early stage: No floor price, testing the basic principles of the protocol.
Grace period: Provide 1:1 unconditional primary market exit.
Final transition: Dual path exit (conditional and unconditional), flexibility and stability.
Bad debt insurance: DAO will assume potential bad debts in non-immigrant markets, up to the current amount.
Market strategy: Encourage the use of high leverage positions on the Morpho market to increase stability, and plan to migrate to the new non-liquidable market in October 2025.
Way forward: Continue to integrate DeFi protocols, launch new products such as ETH0, and plan to implement more stability and growth mechanisms.
These measures are designed to ensure that USD0++ is not only a stablecoin, but also a long-term investment option with a sustainable income stream, enhancing the overall stability and growth potential of the Usual ecosystem. For more information, please visit 【校长-交易学院】专属聊天室