#USUAL现货上线币安 From November 15, launchpool started, and pre-trading ended on December 17. Usual has been featured on Binance's homepage for over a month, and of course, Usual did not disappoint with this traffic. Since the opening, it has risen fourfold, and today, despite a general market decline, it surprisingly increased by 35%. What exactly is Usual that makes it so strong?

1. Founder:

Pierre Person, Lawyer, CEO, advisor to the French president, former French MP, and vice-chairman of the French president's party, dedicated himself to the development of France's cryptocurrency regulatory framework during his time as a member of parliament.

Hugo Sallé de Chou, Chief Operating Officer, founded a payment startup similar to Venmo called Pumpkin in 2014, challenging traditional banking systems and at its peak had 2 million active users.

Adli Takkal Bataille, DEO, founded a French cryptocurrency organization called Le Cercle du Coin and has been advising multiple projects since 2018.

In 2020, he established a cryptocurrency-native venture capital fund in Luxembourg called Shift Capital, currently conducting market-neutral investments.

Pierre Cumenal, Chief Financial Officer, holds dual master's degrees in applied mathematics and quantitative finance, has worked at Natixis and Amundi, and later moved to London, serving as a quantitative analyst at BNP Paribas.

2. Investment Institutions:

Dewhales, IOSG, Kraken Ventures, GSR, Psalion, Hypersphere, LBank Labs, Public Works (co-founder of Gitcoin), Kima Ventures, and Breed (former Circle executives).

Angel investors include Sam from Frax, Charlie and Michael from Curve, Defi Dad, DCF God, Chud, Lux Temple, Amber Group, Ivan from Gearbox, Convex founders, and Zoomer Oracle.

3. Token Yield:

Usual concentrates the yield from locked assets into its treasury, with 10% distributed to USUAL stakers through the issuance of USUAL.

4. Compliance: Complies with US and EU regulations.

5. Operating Model: Customers deposit cryptocurrencies like USDC, USDT, ETH to receive USD0 (or called 0 dollars), and then Usual's project team exchanges your cryptocurrencies for US short-term treasury bills and repurchase agreements to gain earnings. At this stage, it is similar to a bank, except that USD0 is a stablecoin and you can use this USD0 to participate in other DeFi projects. For example, staking USD0 to earn USD0++. Whether staking to earn USD0 initially or repeatedly staking to earn USD0++, USUAL can be earned as yield, as shown in the TVL provider section above.

USUAL is the governance token of the project, with 12.37% currently unlocked. The remaining tokens will be gradually minted according to the amount of USD0++ locked and will maintain a growth rate below that of protocol revenue growth, ensuring that the token issuance rate does not exceed the economic expansion rate of the protocol.

6. Evaluation:

Stablecoins are the infrastructure of the crypto world. Tether, as the issuer of USDT, is the largest bank in the crypto space, with only over 100 employees, yet it generates over 10 billion dollars in revenue each year. Thus, many people want a piece of this pie. However, USDT has existed for 10 years, surviving two cycles; this trust has become its greatest asset. Other stablecoins seeking to gain market share can only focus on high yields, as was the case with Luna in the last cycle. If Luna hadn't been targeted by Wall Street due to vulnerabilities in its model, it might have become one of the big banks in the crypto space now.

In summary, the fundamentals of this coin are sound, with 1.14 billion locked assets and 46 million annual revenue. The only concern is whether it can survive the bear market, but that's a matter for stakers to consider. For traders on exchanges, waiting to buy during a pullback is advised.

Holding for the long term may be a good choice.

Additionally, if you want to stake USUAL, please note that there will be a 10% loss when unstaking, which will be distributed to other long-term stakers.