Looking at $USUAL now what are your thoughts behind it.. this is what i learned so far....
This is a comprehensive overview of Usual's core principles and objectives. Here some key takeaways:
Key Points about Usual:
* Decentralized Control: Aims to decentralize control of the stablecoin and its underlying infrastructure, empowering users.
* Bankruptcy Remote: Seeks to avoid the risks associated with traditional banking systems by using a more secure collateralization model.
* Fair Value Distribution: Prioritizes sharing the value generated by the protocol with all users, not just a select few.
* Yield Redistribution: Offers a unique approach to yield distribution, where users receive governance tokens in exchange for contributing to the protocol's treasury.
* Long-Term Value Creation: Focuses on creating a sustainable ecosystem where users have a stake in the protocol's future.
Overall, Usual presents an ambitious vision for a more equitable and decentralized financial system. It aims to address some of the shortcomings of existing stablecoin models and provide a more transparent and user-centric approach.
If you're interested in learning more, I recommend exploring their official website or whitepaper for further details.