$USUAL 1. Founder: Former political advisor to the French President
Usual CEO Pierre Person was a member of the French National Assembly, mainly engaged in monetary policy work, and also served as a political advisor to French President Macron.
In 2022, this guy founded Usual, aiming to rebuild a stable feedback mechanism through decentralized data, allowing users to gain more data ownership.
As of today, the total TVL of the Usual platform has surpassed $370 million.
2. USD0: The first liquid deposit token
USD0 is the first liquid deposit token (LDT) offered by Usual, supported 1:1 by real-world assets (RWA) with ultra-short maturity, ensuring its stability and security. At the same time, USD0 acts as an RWA stablecoin aggregating various U.S. Treasury bond tokens and can be minted in two different ways:
① Direct RWA deposit: Users deposit eligible RWA into the protocol and receive an equivalent USD0 at a 1:1 ratio;
② Indirect USDC/USDT deposit: Users deposit USDC/USDT into the protocol and receive USD0 at a 1:1 ratio. This indirect method involves third-party collateral providers who supply the necessary RWA collateral.
3. $USUAL: 90% of total supply allocated to the community
The total supply of $USUAL is 4 billion, with an initial circulation of 12.37%, of which the Binance Launchpool share is 7.5%.
The official documentation emphasizes that 90% of the total token supply will be allocated to the community, and 10% will be allocated to insiders (team, advisors, investors), ensuring fair distribution and genuine participation for users.
As the official governance token, $USUAL holders will have actual revenue, future income, and infrastructure ownership of the platform protocol in the future.
It is worth noting that USUAL is deflationary, similar to Bitcoin's halving mechanism, the earlier participants in the distribution will receive more tokens.
For more project information, please refer to Binance research reports: