Introducing $USUAL on Binance Launchpool and Pre-Market
#Binance is bringing you something BIG $USUAL, a revolutionary decentralized fiat-backed stablecoin issuer.
Ready for a game-changing project? Let’s dive in! 👇
What is Usual (USUAL)?
Usual is a decentralized, RWA-backed stablecoin issuer that redistributes ownership and value, providing growth exposure to its users through the $USUAL token.
$USUAL drives USD0 stablecoin adoption, aligning contributor incentives and fueling protocol growth. Its innovative distribution model, based on protocol revenue, paves the way for new DeFi possibilities. This approach accelerates ecosystem expansion and fosters sustainable decentralization.
Launched three months ago, it has now grown to $355M TVL and 50k users. The protocol raised $7M overall and is backed by 160 investors.
The Use Case, Time to Un-Tether
Traditional stablecoins charge billions yearly, but Usual is different. It gives bankless accounts, more security, and a transparent system with real-world assets backing it.
Not just Yield, but Growth exposure through Ownership
1. Tether exclude users from participating in both yield and growth, directing it solely to Tether’s shareholders
2. Yield-Bearing Stablecoins, issued by tokenizers like Ondo or Mountain, mark a significant evolution in the stablecoin landscape by redistributing underlying yields to users through permissioned stablecoins, but yield-bearing assets provide exposure to yield but not growth.
3. Usual offers the best of both worlds. With Usual, you gain access to both yield generation and growth potential. Usual goes beyond by redistributing value through the $USUAL token, which grants users ownership in the protocol. Unlike revenue-sharing models, Usual pools all created value into its Treasury, with 90% distributed to the community via the governance token. It entitles users to:
- Actual Cash Flows: reflects protocol revenues, with future growth based on TVL and revenue.
- Governance Rights: allows holders to influence key decisions like revenue distribution and collateral management.
- Utility Rights: provides staking options, "Validator" and "Bribing" tokens to direct liquidity and enhance utility.
Usual User Flows
Usual is centered around three core products:
1- Usual Stablecoin (USD0)
Designed for payments, trading counterparty, and collateral use. USD0 is a stablecoin fully backed 1:1 by Real-World Assets (RWA) like US Treasury Bills. It provides users with a stable, secure asset that is independent of traditional banking systems, fully transferable, and accessible within the DeFi ecosystem. As the core stability asset of Usual, USD0 supports transparency and security by maintaining real-time reserves, offering a non-fractional, reliable alternative to stablecoins like USDT and USDC.
2- Usual Liquid Staking Token (USD0++)
A yield-generating product: USD0++ is a liquid staking version of USD0, acting like a savings account for Real-World Assets with a 4-year lock-up. It offers rewards while remaining transferable, with $USUAL rewards incentivizing the growth and adoption of USD0.
3- Usual Governance Token ($USUAL)
$USUAL is the governance token powering the Usual protocol, uniquely designed with an intrinsic value tied directly to the protocol’s revenue model. $USUAL drives the adoption and use of USD0, aligning incentives for contributors and fueling protocol growth. Its innovative distribution model sets the stage for new DeFi possibilities, accelerating ecosystem expansion and sustainable decentralization
Tokenomics Breakdown
Binance Launchpool: 7.50% of the total token supply
Initial Airdrop: 8.50% of the total token supply
Investors & Advisors: 5.68% of the total token supply
Team: 4.32% of the total token supply
DAO and Ecosystem: 7.50% of the total token supply
Liquidity: 2.00% of the total token supply
Community Incentives: 64.50% of the total token supply
Total Supply: 4,000,000,000 USUAL
What is Binance LaunchPool ?
- Binance Launchpool is a platform that allows crypto holders to earn new tokens by locking some of their existing assets, such as BNB and other supported tokens. This process is completely free, with users receiving new project tokens in exchange for locking some of their assets.
- Binance Launchpool is an innovative platform designed to help users discover and acquire new crypto tokens before they are officially listed on the exchange. This offers a unique opportunity for both project creators and cryptocurrency enthusiasts.
How to get start on Binance LaunchPool ?
1. Access Launchpool by Log in to your Binance account and navigate to the Launchpool section on the platform.
2. Stake BNB and FDUSD in the Launchpool. By staking these assets. Once you've staked your BNB and FDUSD, you will automatically start earning rewards.
3. Claim Rewards, you'll automatically get you rewards after the launchPool ended.
For more information:
Binance Research:
https://www.binance.com/en/research/pojects/usual
Binance Announcement USUAL on Binance LaunchPool:
https://www.binance.com/en/support/an nouncement/introducing-usual
Binance LaunchPool Page:
https://launchpad.binance.com/en/
USUAL Website: https://usual.money/