The cryptocurrency universe may seem complex, but USUAL is here to simplify things and put the community at the center of financial decisions. Let's take a closer look at what this token is and why it has attracted so much attention.
What is USUAL?
USUAL is a governance token that allows its holders to actively participate in the decisions of a decentralized finance protocol. It is associated with the USD0 stablecoin, a stable digital currency backed by real assets such as investments from renowned institutions including BlackRock and Ondo.
What is USUAL's proposal?
USUAL’s main goal is to decentralize decision-making power within the protocol, ensuring that users have a say in crucial matters such as fund management and new feature development. This approach promotes greater community participation and makes the system more democratic.
What makes USUAL special?
USUAL stands out for its ties to real-world assets. The USD0 stablecoin is fully backed by real assets, such as US Treasuries, which reduces the volatility common in other cryptocurrencies. Additionally, 90% of USUAL tokens are allocated to the community, promoting fair distribution and avoiding concentration of power.
How does USUAL work in practice?
USUAL holders can participate in votes that directly influence the future of the protocol. Additionally, by staking (i.e. keeping their coins in the system to help its operation), users receive rewards in USUAL tokens, incentivizing active engagement and contributing to the sustainable growth of the project.
Who is behind USUAL?
The project was developed by a team of blockchain and finance experts committed to transparency and innovation. The founder of the project is Pierre Person, a French politician who served as a member of the French National Assembly from 2017 to 2022. During his tenure, he was a significant leader in the field of French crypto legislation. After leaving politics, Pierre Person co-founded Usual Labs, aiming to revolutionize finance by connecting the traditional world with the cryptocurrency universe.
When and where will USUAL be listed?
USUAL is set to be listed on several cryptocurrency exchanges. Binance, one of the largest global platforms, has announced that pre-market trading for USUAL will begin on November 19, 2024, at 10:00 AM (UTC) with the USUAL/USDT trading pair. Other exchanges, such as Bitget, are also planning to list USUAL on their platforms.
Why is USUAL important for the future?
By combining innovation with security, USUAL offers a stable, decentralized stablecoin with community governance. This makes it an attractive option for investors looking to diversify their cryptocurrency portfolios, especially in a rapidly evolving market.
USUAL is more than just a token; it is an initiative that promotes a more inclusive and participatory financial system. For those interested in exploring the cryptocurrency market, USUAL represents an opportunity to understand how innovation and community can work together to transform the financial landscape.
