$USUAL The price of the coin has been declining for a few days. I've seen too many bearish dogs in the square, a bunch saying it will crash and go to zero. Today, I want to briefly discuss my understanding of usual, and share my views on the future development of this coin. First of all, I believe the fundamentals of this coin are very good. By combining RWA, it connects traditional financial government bonds with the crypto world. Users can buy usual to exchange for USD0 to stake, and then the funds from purchasing USD0 will flow into the project to buy government bonds. The resulting profits are used to operate the project, and users can also earn part of the profits from staking. As for why I say this project is a flywheel project that steps on both feet, it is because this project has a destruction mechanism. When TVL increases, the supply will decrease, and when staking is withdrawn early, a small amount of coins will also be destroyed. The project team reduces the circulating quantity through the destruction mechanism. When the quantity decreases, there will be a situation where supply is less than demand in the market, which triggers a price increase. After the price rises, the staking returns increase, attracting more people to enter and buy stakes. At this time, not only the stakers make money, but the project party can also profit from the price rise plus the staking fees. Of course, the premise of the flywheel is a good market environment. As for the decline that has occurred in the past two days, I personally believe it is a very normal washout. First of all, the market has not been good these days, and BTC, the big brother, has dragged many altcoins down. At the same time, the operators also need to make money. After all, the dog operators are not doing charity. They only wash out retail investors' chips through back-and-forth washouts. Moreover, since the project was launched, it has increased five to six times. A decline of thirty to forty percent is also very normal. As for seeing someone in the square saying it will drop to 0.4, I personally think that's nonsense. Most institutional large holders have their costs around 0.9. Do you think they will ruin themselves? Moreover, from the on-chain data, the top 100 large holders have basically not sold their assets; many are adding positions. So there's no need to worry; it's just a normal washout aimed at shaking off the indecisive investors. Finally, regarding whether there will be a crash, I personally feel that there is unlikely to be a crash at this time. The project team has reputable individuals behind it. If they were to cause a crash a month after the coin is launched, how would they survive in the future? Some have mentioned that government bond yields will fall. I want to say that I believe this will not happen at least during this bull market's interest rate reduction cycle. Let's not speculate on future crashes; at least I think it is safe at the moment. Let's not guess future prices either. Everything is left to the market and time. Personally, I am very optimistic about this project and hope those who are optimistic hold on. Remember CZ's words: if you can't hold, you won't be rich. Finally, I wish everyone reading this prosperity.