Binance Launchpool and pre-market trading will be online Usual (USUAL), the activity will last for a total of 4 days. Today, the editor will explain the Usual project!
1. Project Introduction
Usual is a stablecoin protocol that launches USD, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWA), and USUAL, a governance token that allows the community to guide the future development of the network. Usual solves the current stablecoin market problems by redistributing profits to the community and rewarding token holders with the actual income generated by RWA.
2. Team members
1. Adli Takkal Bataille: Co-founder of Usual and president of Le Cercle du Coin. He graduated from Bordeaux Montaigne University.
2. Pierre PERSON: Founder and CEO of Usual, he is a former French politician and member of the National Assembly (French Parliament). He recently served as vice chairman of the French presidential party and led the country's crypto asset legislation.
3.Hugo Sallé de Chou: Co-founder and COO of Usual, he graduated from EDHEC Business School in France.
4.Andrew Lafortezza: is the head of sales at Usual, and previously served as the head of partnerships at Perpetual Protocol. He graduated from the University of Richmond.
5.Allan Floury: is the Vice President of Product at Usual. He graduated from Columbia University in the United States.
3. Financing
Usual's financing was led by IOSG Ventures and Kraken Ventures. The specific financing details are as follows:
1. April 17, 2024: Usual completes US$7 million in financing.
July 9, 2024: Usual goes live on the mainnet.
3. November 6, 2024: Usual completes US$1.5 million in financing.
Token Economics
The total supply of USUAL is 4 billion, of which the initial circulation is 494,600,000 (12.37% of the total supply of tokens), of which the total Launchpool is 300,000,000 USUAL (7.5% of the maximum supply of tokens). The specific allocation of the mining pool is as follows:
The individual hourly reward hard cap BNB pool is 265,625 USUAL.
The FDUSD mining pool is 46,875 USUAL.
The total BNB mining pool reward is 255,000,000 USUAL (85%).
The total reward of the FDUSD mining pool is 45,000,000 USUAL (15%).
5. Start time
Launchpool：
Users can invest BNB and FDUSD into the USUAL reward pool on the Launchpool website after 08:00 (ET) on November 15, 2024 to obtain USUAL. The USUAL activity will last for a total of 4 days.
Pre-Market Trading:
Binance pre-market trading will list Usual (USUAL) and open USUAL/USDT trading market at 18:00 (ET) on November 19, 2024. Eligibility for participating in Binance pre-market trading depends on the country or region where the user resides. [Personal maximum holding limit: 40,000 USUAL]
VI. Conclusion
It now appears that USUAL spot pre-market trading will start at 18:00 on November 19th, and starting at 8:00 tomorrow, BNB and FDUSD will be able to participate in mining. Everyone should hurry up and get it for free, as the mining time is only 4 days!
