Hot talk of the moment: $USUAL
Let's clarify this once and for all...here is something official posted by the team and i wanted to share. I added a few words to the original text.
What is difference between USDC0 backed by Usual (not the token in itself !!!) & traditional stable coins
Ever wonder where the value goes in these systems? Spoiler: it’s not to YOU.
Let’s break it down 👇
1. The Traditional Model: FIAT-backed stablecoins 🏦
Traditional FIAT-backed stablecoins (USDC/ USDT) have a glaring issue: users fuel the issuer’s growth but reap none of the rewards !
You buy those stablecoin, boost their TVL, BUT they keep the value generated by the collateral. No ownership, no yield sharing, no upside from their success...nothing for people !
2. Enter Usual 🚀 : Redefining stable coins!
USUAL - ETH Blockchain - is not just another stablecoin entity, it’s a complete reimagining of how value is distributed in DeFi.
- Revenue-Based: Instead of issuers pocketing the value from collateral, Usual shares revenue with its community via $USUAL's revenue-based mechanism.
- Ownership Matters: Holders of $USUAL gain real ownership in the protocol, including its governance and treasury, aligning your stake with the protocol’s success
- Early Adopter Advantage: Thanks to $USUAL's disinflationary issuance, early supporters are rewarded more. As the protocol grows, fewer USUAL tokens are minted, making them scarcer 📈
- Stake & Earn: By staking $USUAL, you earn 10% of all newly minted tokens, giving a constant flow of rewards as the protocol expands 🎁
3. The Bottom Line 💡
Usual doesn’t just let you hold a stablecoin... The USD0 (I repeat...not the token itself) ...It empowers you to OWN and BENEFIT from the protocol’s growth. You’re not just a user; you’re a partner in its success.
💥 Why settle for the old way when you can be part of a new era?
The upcoming weeks will be busy for the community..as the team is focused on launching the token in the SPOT market...mid decembre 2024!