Project Introduction
Usual is a decentralized financial platform that is committed to providing a new stablecoin model with the goal of changing the status quo of the current stablecoin market. Unlike existing large stablecoins such as Tether and Circle, Usual adopts a collateral model based on US Treasury bonds and ensures that users can not only obtain stable returns through decentralized governance, but also share the control and decision-making power of the platform. In other words, Usual wants to break the model of traditional finance controlled by a few people, so that ordinary users can also participate and enjoy the benefits and decision-making power brought by the platform.
Project development history:
Founding and establishment (2023):
Usual was launched by a group of innovators who want to change the existing financial system and bring more fair value to users. These founders include Pierre Person, a former member of the French Parliament, who has extensive experience in digital currency and blockchain and is passionate about changes in the financial sector. The founding team aims to break the current monopoly of stablecoins and bring more control and benefits to DeFi users.
Initial stage (2023):
At the beginning of the project, Usual introduced the USD0 stablecoin and began to attract a large number of early investors and users through the decentralized governance mechanism on the blockchain. At the same time, the platform also provided USD0++ to enhance liquidity and bring higher returns to users, further motivating user participation.
Growth phase (2024):
With Usual's innovations in the decentralized finance (DeFi) and stablecoin markets, the platform has attracted more funds and users. In particular, after the introduction of government bonds as collateral, the stability of the platform has been further verified. Usual has also begun to expand in the broader blockchain ecosystem and gradually provide users with more financial products and innovative profit distribution mechanisms.
Future development (2024 and beyond):
Usual's vision is to revolutionize the existing stablecoin market and provide a more transparent, decentralized, and fair stablecoin system. In the future, Usual will continue to expand its ecosystem, improve the liquidity of its stablecoins, and find applications in more DeFi fields. At the same time, it will continue to improve its governance tokens and revenue distribution models to promote more fair and decentralized financial services.
How to participate:
Mining time: November 15th at 8:00 am Beijing time, participate in the Launchpool page, put BNB and FDUSD into the prize pool, and participate in this mining activity. This activity lasts for 4 days
Pre-market trading time: Listed at 6:00 pm Beijing time on November 19,
The release date has not been announced yet.
Summarize:
The Usual project is providing users with more control and profit opportunities through innovative stablecoins and decentralized governance models. Compared with traditional stablecoin projects, it has higher transparency and fairness and aims to build a fairer and more decentralized financial system. By providing higher returns to early participants, redistributing profits, and ensuring security, Usual has gradually gained attention in the field of decentralized finance.