Project Introduction:
USUAL is a decentralized fiat stablecoin issuer that reallocates ownership and governance rights through the $USUAL token.
USUAL is the native utility and governance token of Usual
Here is a set of data
Token distribution:
Total token supply: 4 billion
Initial circulation: 495 million (12.37% of total token supply)
Among them, the mining quota for Binance launchpool is 300 million (7.5% of total token supply)
Equivalent to 60% of the initial circulation being in the hands of Binance BNB mining and FDUSD mining users, while the remaining 40% belongs to airdrops and the community
This time BNB locked mining volume exceeds 18 million, with over 1 million participating users
Project advantages:
Stable, long-term; it can be said that Usual is a new track, a stablecoin protocol, different from the recently popular meme coins; Usual already has its own unique and mature ecosystem. Currently, USDO and USDO++ are available on ETH and ARB.
USD++ has achieved an APY of up to 18.61% on-chain
Usual is the fastest-growing stablecoin protocol, with a 20% increase in TVL in October
Financing situation:
At the beginning of 2024, Usual completed a round of $700,000 financing led by IOSG and Kraken Ventures
USUAL application scenarios:
Governance control: Providing token holders with the power to manage the protocol and influence key financial decisions.
Deflationary issuance: The issuance and staking of USUAL is linked to the TVL of USD0 (USD0++); when new TVL enters the system, scarcity will be created.
Income-based model: The issuance of USUAL is consistent with future cash flows. The inflation of USUAL supply is lower than the growth of income and treasury.
Staking rewards: By staking USUAL, holders activate governance rights and receive 10% of newly issued USUAL to incentivize long-term behavior.
Gauge mechanism: Guiding and optimizing liquidity distribution within the protocol.
Collateral management: Governance decides the types of collateral behind USD0 and their respective weights to ensure stability and flexibility.
Fund management: Governance and mechanisms will enable USUAL holders to effectively manage the treasury and maximize compound interest effects.
Binance will list on November 19, 2024, at 18:00 for pre-market trading on Binance
During pre-market trading, individual user position limits are 40,000 USUAL
Personally, I think this launchpool project is quite good, and we can boldly envision the future prospects of the project; there is actually still a very large market space
I will look for opportunities to build a position in USUAL during the pre-market trading period until it is listed on Binance spot.
Friends who have not registered on Binance can register through the captain's exclusive link
Warm captain's exclusive invitation link (no VPN needed):
https://www.suitechsui.red/join?ref=142629670
Invitation code: 142629670
New users who complete real-name registration and any transaction volume of 100U can additionally receive 50 USUAL airdrops, with 250 quotas available daily; today is the last day, first come first served~
