$ USUAL
#USUAL is a new innovation in the cryptocurrency space, and its idea is to provide solutions to the problems facing fiat-backed stablecoins in the decentralized finance (DeFi) ecosystem. USUAL operates the system through three main tokens: USD0 (the stablecoin), USD0++ (an improved version of USD0) that offers returns in the form of USUAL, and USUAL itself as a governance token that allows users to participate in the management of the system and make important decisions related to the platform.
Stablecoins are typically tied to commercial banks, which exposes them to the risk of collapse or liquidity. But USUAL relies on short-term government bonds and other highly liquid financial assets, which enhances its stability. This model addresses many of the challenges such as the risks of fractional reserves and the problems users face with centralized governance models.
Through this model, USUAL provides users with a secure and transparent tool to connect real assets (such as government bonds) to the DeFi world. It also offers opportunities to participate in farming and yields by providing liquidity. This idea aspires to improve access to tokenized assets and achieve greater transparency and decentralization.
As these initiatives become more prevalent in the DeFi ecosystem, it appears that USUAL could help overcome traditional limitations, especially in integrating real assets into a borderless network via blockchain.
