$USUAL #usual #usualx It’s all over for USUAL. Look at ch | SuperFast TM on Binance Square

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$USUAL #usual  #usualx 
It’s all over for USUAL. Look at chart! 

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USUAL

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-0.99%

7.8k

0

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USUAL $USUAL We’ve been slapped so many times by Usual charts, that TA seems pointless. However, it is posting a reversal Head & Shoulders on the 1 hour chart. Depending on overall market conditions, it ‘should’ return to 0.5 range. After that, as sentiment switches, we could also see short squeezes and some spikes higher, 0.7, 0.8 range. The selling pressure IMO comes from derivative/leveraged markets. That’s prone to a short squeeze if funding fees are too high. Most daily issuance of Usual + revenue switch APY + 10% unlock fees + LP pool fees + burn mechanism from USD++ unstaking = most goes to USUALX holders. Answers: just swap your shit-ass Usual for Usualx

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$USUAL #usual I don’t know, because it’s been such a shitshow. But the selling pressure on Usual seems unwarranted. The APY is not only high, but genuine. We all received 113% APY in USD, and this is paid weekly! No Scam! Remember that if your rewards amount to less than 10 USD they will added to the following distribution. Those who wonder ‘where are my usual rewards’. Well, those are ‘inbuilt’ in the ratio between UsualX and Usual at 265% (today’s rate). UsualX constantly ‘grows’ against usual, so when you exchange back to Usual you will have more than what you staked. You want to check the ratio? Go to CoinMarketCap and search for UsualX and spot the exchange rate against Usual. You can also do this on Uniswap. By the way, the 10% ‘penalty’ for unstaking can be avoided by using Uniswap’s pool. Swap between the two without incurring a penalty. UsualX ratio is not ‘fixed’, because in periods of strong sell pressure, it can decrease in value against Usual. However, in periods of uptrend, its value will increase vs Usual and peg back to ‘fixed growth’ Today UsualX = 1.219 Usual I hate to guess, but I simply cannot see how this protocol can fail unless a black swan hits it. The FUD is over, I think.

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$USUAL #usual Ok I’ve received 113% APY calculated weekly in USD0. That’s quite good! That’s $1006 x week Tbh even if USUAL stays low in price, the payments in USD are unique in defi, that’s real tangible backed cash. I still cannot understand the huge selling pressure, given the project works as expected and Usual is also being burned. We’ll see…

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$USUAL #usual I know, I know. It’s been rough. 1. Large USD0 sell-order slightly depegs early Jan 2. FUD due to high APY 2. Usual screw up comms about floor USD0++ floor price 3. $TRUMP comes in before office and takes all liquidity from Alts. Usual has been punched up pretty bad. But… The fact remains: USUAL is still a proper protocol, strong APY paid in USD, with high TVL, a recognized team, and a backing by Binance and Kraken. Selling now makes zero sense. Tomorrow I’m collecting my first revenue switch payment, and USUALX = USUAL 1.195 I’m mad, but I’m ok

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$USUAL Reward switch on usual website says ‘start of each week’ - from what I read previously it said ‘start of each month’ Are epochs monthly or weekly?

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