The highly anticipated Usual token is set to go live on Binance Pre-Market ahead of its official SPOT listing. Here's a comprehensive overview of the project, its use cases, and a price prediction for the launch.
What is Usual?
Usual is a decentralized stablecoin issuer, pioneering the issuance of USD0—a blockchain-verifiable stablecoin backed by Real-World Assets (RWAs). These RWAs include investments from notable institutions like BlackRock, Ondo, and Mountain Protocol. Unlike centralized issuers, Usual empowers its token holders by redistributing ownership and governance through the USUAL token.
Key Highlights:
Total Value Locked (TVL): $423M within three months of launch.
Users: 256,000 and growing.
Funding: $7M raised, supported by 160 investors.
Use Cases for the USUAL Token
1. Governance and Decision-Making:
USUAL holders influence key protocol decisions, such as treasury management and protocol upgrades.
2. Yield Opportunities:
Staking USD0++ provides yields in USUAL tokens, aligning user incentives with the platform’s long-term growth.
3. Voting Power:
USUAL tokens allow holders to vote on the allocation of LP rewards, ensuring a participatory governance model.
4. Scarcity Mechanism:
The issuance of USUAL tokens is tied to the TVL of staked USD0 (USD0++). As TVL grows, token scarcity increases.
Price Prediction for the Official Launch
Token Supply:
Total/Maximum Supply: 4,000,000,000 (4 Billion)
Initial Circulating Supply on Binance: 494,600,000 (494M)
Market Capitalization:
The average market capitalization of newly listed Binance projects typically ranges from $220M to $350M.
Expected Price Range:
If USUAL launches within this market cap range, the estimated price per token could fall between $0.4450 and $0.7100.
Farming Opportunity
Before the SPOT listing, users can farm USUAL tokens on Binance Launchpool by staking BNB and FDUSD. This provides an excellent opportunity to accumulate tokens early.
Final Thoughts
Usual is shaping up to be a standout project, combining decentralization, real-world asset backing, and governance participation. Its early success, with over $423M in TVL and strong institutional backing, highlights its potential to make a significant impact in the DeFi space.
With its upcoming Binance launch, the USUAL token presents an exciting opportunity for both seasoned investors and newcomers. Stay informed, assess your risk appetite, and consider participating in the Launchpool to position yourself for the next big move in the crypto market.
For more details, visit USUAL Money RWA.