The adaptation of blockchain and cryptocurrency usage continues to grow all the time. People are starting to flock to find the tools they need on web3 or even looking for money in this realm. Starting from becoming a trader, influencer, to airdrop hunter is done to continue to increase the value of the assets they have. Of course they need a lot of preparation to get money. But, there is an easy way to get money from crypto, namely through Binance Launchpool.
What is Binance Launchpool and How to Make Money from it?
Binance Launchpool is a platform where you can get new tokens just by staking some of your crypto assets, such as BNB or other supported tokens. What's more exciting is that the process is free, and you will get tokens from new projects as a reward. Interesting, right? Maybe you will immediately ask, how do I access it?
Here are Easy Steps for Staking and Earning Profit from Binance Launchpool
1. Access Launchpool: Log in to your Binance account, then open the Launchpool menu in the search or services section.
2. Staking BNB and/or FDUSD: Use your BNB (Binance Coin) and/or FDUSD (stablecoin) for staking.
3. Start Farming: Once staking is complete, you will automatically start getting new tokens from projects that will be launched on Binance.
4. Claim Rewards: Claim your rewards regularly on Launchpool. Rewards can be new tokens or additional BNB and FDUSD.
5. Use Your Rewards: Once claimed, you can use the rewards you receive to trade or exchange them for fiat currency.
It's really easy, right? Now you're not confused anymore about how to make money easily, right at Binance Lanchpool. Oh yeah, now you can start farming at Binance Launchpool and get $USUAL tokens
What is $USUAL?
Usual is a decentralized stablecoin issuing platform backed by real-world assets (RWA). They share ownership and profits with users, while providing an opportunity to earn money through the $USUAL token.
The $USUAL token makes USD0 stablecoins easier to use, while also adjusting incentives for contributors and boosting protocol growth. With an innovative distribution method, based on protocol revenue, Usual opens up new opportunities in the DeFi world. This method allows the ecosystem to grow faster and maintain its decentralization.
Why was $USUAL created?
1. Stablecoin Problem: Stablecoins like USDT and USDC are making huge profits (over $6 billion by 2023), but the profits are only enjoyed by a handful of shareholders. They work like private versions of central banks, taking profits for themselves but spreading the risk to many.
2. Bad Tokenomics: Many tokens out there are just for speculation, benefiting insiders, and causing users to lose money because their value keeps dropping.
3. Why Usual? Usual is here to change all this. 90% of the ownership and value generated is shared with the community. So, users are not just consumers, but real owners.
What are $USUAL's main products?
1. Usual Stablecoin (USD0)
USD0 is a stablecoin that is fully backed by real assets such as US Treasuries. Designed for payments, trading, and collateral, USD0 provides a stable and secure asset, independent of the traditional banking system, and can be used in the DeFi ecosystem.
2. Usual Liquid Staking Token (USD0++)
USD0++ is a liquid staking version of USD0, which acts like a savings account with a 4-year lockup. In addition to being transferable, USD0++ also rewards in the form of $USUAL tokens, which helps accelerate the adoption of USD0.
3. Usual Governance Token ($USUAL)
$USUAL is the governance token for the Usual protocol, tying its value directly to the protocol’s revenue. The token encourages USD0 usage and protocol growth, and offers an innovative distribution model that accelerates the development of a more decentralized DeFi ecosystem.
What makes $USUAL special?
$USUAL is not just another token, it is designed to give you real ownership of the protocol and its funds, backed by 100% of the revenue generated. The token is issued based on the amount of funds locked (TVL) at USD0++, and decreases as the protocol revenue continues to grow (disinflation). With this model, the interests of early supporters are protected because the issuance of $USUAL is always tied to a future revenue stream, so long-term holders don't have to worry about devaluation.
$USUAL can do anything?
1. Control over the protocol: Token holders have the right to govern the protocol and take part in important financial decisions.
2. Increasingly rare issuance: The amount of USUAL issued depends on the total funds locked (TVL) at USD0 (USD0++). The more TVL comes in, the rarer the token becomes.
3. Revenue-based: USUAL issuance is aligned with future revenue streams. Token inflation remains lower than revenue growth and protocol funds.
4. Staking benefits: If you stake USUAL, you can activate governance rights and get a 10% bonus from the new USUAL issued. This makes token holders more motivated for the long term.
5. Gauge mechanism: Helps direct and regulate liquidity distribution to be more optimal.
6. Set collateral: Governance also determines the type of collateral and its weight to support USD0, to keep it stable and flexible.
7. Manage protocol funds: USUAL holders can help manage the treasury more efficiently and maximize returns.
Now you know what the $USUAL token is, right? It's really cool, huh? How much $USUAL can you get on Binance Launchpool? and until when?
$USUAL Launchpool Details
· Nama Token: Usual (USUAL)
· Total and Maximum Token Supply: 4,000,000,000 USUAL
· Launchpool Token Rewards: 300,000,000 USUAL (7.5% of total token supply)
· Initial Circulating Supply at Listing on Binance: 494,600,000 USUAL (12.37% of total token supply)
· Smart Contract/Network Details: Ethereum Network (0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E)
· Maximum Hourly Limit per User:
- 265,625 USUAL in BNB pool
- 46,875 USUAL in FDUSD pool
Supported Pools:
· Lock BNB: 255,000,000 USUAL as rewards (85%)
· Lock FDUSD: 45,000,000 USUAL as reward (15%)
Farming Period: 2024-11-15 07:00 (UTC+7) to 2024-11-19 06:59 (UTC+7)
You can access: https://launchpad.binance.com/en/launchpool/USUAL_FDUSD
Pre-Market
Binance Pre-Market will start listing USUAL at 2024-11-19 17:00 (UTC+7) and open pre-market trading for USUAL/USDT pair. The end time of Pre-Market and spot listing time will be announced later. Participation in Binance Pre-Market is subject to eligibility based on the user's country or region of residence.
Maximum ownership limit per user: 40,000 USUAL.
Happy Farming Binancian!
