$USUAL 1. Founder: Former political advisor to the French president
Usual CEO Pierre Person was a member of the French National Assembly, mainly working on monetary policy, and has 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.
To date, the total TVL of the Usual platform has exceeded $370 million.
2. USD0: The first liquid deposit token
USD0 is the first liquid deposit token (LDT) offered by Usual, supported by real-world assets (RWA) on a 1:1 ultra-short term basis, ensuring its stability and security. At the same time, USD0 acts as an RWA stablecoin aggregating various U.S. Treasury bond tokens, which can be minted in two different ways:
① Direct RWA deposit: Users deposit eligible RWA into the protocol and receive an equivalent amount of 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 tokens, with an initial circulation of 12.37%, of which 7.5% is from the Binance Launchpool.
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 true participation for users.
As the official governance token, $USUAL holders will have rights to the actual revenue of the platform protocol, future income, and ownership of infrastructure in the future.
It is worth noting that USUAL is deflationary, similar to Bitcoin's halving mechanism, where the earlier you participate in the distribution, the more tokens you will receive.
For more project information, please refer to the Binance research report:
