Introduction to $USUAL
The $USUAL token is the latest launchpool reward offered to Binance holders. While its live price ranges between $0.292895 and $0.3 (as of November 28, 2024), with a market cap of $144.87M USD and a 24-hour trading volume of $21.53M USD, it’s natural to be curious about the token’s fundamentals before making an investment decision.
Here’s everything you need to know about $USUAL, its production mechanism, and its protocol.
USUAL Token Metrics
Circulating Supply: 494.60M tokens
Total Supply: 4B tokens (limited)
24-Hour Surge: +21.10%
What Does the Usual Protocol Do?
The Usual Protocol is a decentralized system designed to bridge traditional finance (TradFi) and decentralized finance (DeFi) through tokenizing real-world assets (RWAs).
RWA Capitalization: The protocol aggregates tokenized US Treasury Bill assets from institutions like BlackRock, Ondo, M0, Mountain Protocol, and Hashnote to create a permissionless, on-chain stablecoin called USD0.
Purpose: This innovative approach aligns traditional finance with blockchain technology, fostering secure and verifiable value in decentralized systems.
How is USUAL Token Produced?
1. Disinflationary Issuance
$USUAL’s issuance is tied to the Total Value Locked (TVL) of staked USD0 (USD0++).
As TVL increases, new tokens are produced, but scarcity is maintained to ensure value stability.
2. Revenue-Based Model
The token’s inflation rate is directly linked to future revenue and treasury growth.
Supply inflation remains lower than ecosystem revenue, ensuring long-term sustainability.
3. Staking Rewards
USUAL holders can stake their tokens to activate governance rights and receive 10% of newly issued tokens, incentivizing long-term commitment.
When Will USUAL Reach 4 Billion Tokens?
The full supply of 4 billion tokens will take significant time to reach, as it depends on the Total Value Locked (TVL) within the Usual ecosystem. Growth is tied to TVL, ensuring controlled issuance and alignment with ecosystem expansion.
Final Thoughts
The USUAL token represents a promising innovation in bridging TradFi and DeFi by tokenizing real-world assets and maintaining scarcity through its issuance mechanisms. However, as with any investment, it is critical to conduct your own research before making any decisions.
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