PANews reported on August 9 that stablecoin developer Usual Labs announced that its decentralized RWA stablecoin protocol is now live and has become the second stablecoin supported on the Pendle protocol. Users can obtain Pills rewards through the Pendle platform. Participation methods include providing USD0++ liquidity (LP) or holding USD0++ YT, earning Pills rewards every day, and having the opportunity to receive additional Boost Catchup rewards.
In addition, USD0++ is a DeFi equivalent T-Bill supported by locked USD0 stablecoins. Users can obtain $USUAL token airdrops by participating in Pills activities and holding USD0++, accounting for 7.5% of the total airdrop. Usual also encourages users to get additional Pills rewards by recommending friends to join.
Related reading: usual.money: RWA decentralized stablecoin (with interactive tutorial)
