Binance has launched the USUAL cryptocurrency project as part of the “Launchpool” program, a program that allows users to stake crypto assets such as BNB and FDUSD to earn rewards in the new project’s currency. Trading for the coin began on November 19, 2024, making it one of the latest additions to the growing cryptocurrency market.
Currency Details
Currency symbol: USUAL
Network: Ethereum
Total supply: 4 billion coins
Staking rewards: 300 million coins (7.5% of total).
Launch stages
Allotment start: November 15, 2024.
Listing and trading: November 19, 2024.
Available trading pair: USUAL/USDT.
Allocation mechanism
Binance gives users the opportunity to stake assets like BNB and FDUSD to earn rewards in USUAL cryptocurrency. The staking rewards are divided into two parts:
1. BNB Rewards: 85% of rewards allocated.
2. FDUSD Rewards: 15% of the rewards are allocated.
Currency objectives
The coin is designed to support decentralized finance (DeFi) strategies by offering a rewards system that encourages users to lock assets and participate in the network. It also seeks to provide additional trading benefits in a safe and user-friendly environment on the Binance platform.
Summary of the above
USUAL is a promising project in the field of decentralized finance. With its listing on one of the largest global platforms, investors have the opportunity to explore its future potential through asset staking and trading programs. It is always advisable to do your own research before investing to ensure you make informed decisions.