The $USUAL coin is a governance token that powers the Usual protocol, a decentralized platform focused on fiat-backed stablecoins and transparent ownership structures. It serves as a mechanism to redistribute ownership and governance while aligning user incentives with the growth of the protocol.
Key Features:
1. Governance and Ownership: $USUAL holders have a say in the management and development of the protocol.
2. Revenue Sharing: The token is tied to the protocol's revenue, enabling holders to benefit directly from its financial growth.
3. Supporting Stablecoins: The protocol issues stablecoins like USD0, which are backed by short-term, risk-free assets (e.g., US Treasury Bill tokens), offering a secure and decentralized alternative to traditional banking systems.
4. Reward Mechanism: $USUAL is also used to reward users for adopting and utilizing its stablecoins, particularly through its enhanced token USD0++.
This ecosystem aims to enhance DeFi transparency, composability, and sustainability. For more details, you can visit the official .
