Today, Binance announced that it will list Usual (USUAL) on Launchpool and Pre-Market. Pre-Market will be launched on November 19, 2024, and Launchpool will start on November 15.
The total supply of Usual is 4 billion, with an initial circulation of 12.37%, of which the Launchpool portion is 300,000,000, accounting for 7.5% of the total.
Unlike the highly volatile Meme coins, Usual is a stablecoin protocol. Its goal is to solve problems in the existing stablecoin market through decentralized control, bankruptcy isolation and innovative revenue distribution mechanisms.
Usual's core selling points:
Decentralized stablecoin: The issuance of Usual is controlled by the community to ensure the transparency and neutrality of the protocol. Bankruptcy isolation: Avoid traditional bank risks by linking to ultra-short-term bonds. Revenue distribution: Users can not only obtain stablecoin income, but also participate in the development of the protocol through governance tokens.
Core products:
USD0: A stablecoin based on US Treasury bonds that avoids systemic banking risks and is transparent and scalable. USD0++: An enhanced Treasury bond that provides double returns and allows users to participate in protocol governance through USUAL tokens. USUAL: A governance token that ensures the sustainable development of the protocol and provides returns through a staking mechanism.
Risks and Outlook:
Usual's innovative model has great market potential, but it also faces regulatory uncertainty, market education costs, and competition risks. Overall, Usual represents an important exploration of DeFi 2.0, and long-term investors can pay attention.
