Recently, the leader has been researching$USUAL Understand the mechanism of the replica ENA first
What are Usual and USD0?
⬆️ In simple terms, Usual is a project that issues stablecoins through blockchain technology, and USD0 is an 'upgraded' stablecoin it has launched. The goal of this project is to change the operational model of stablecoins in the current market, allowing users to use them more securely while also sharing the platform's profits.
🔫 Its operational logic
What is a stablecoin?
The commonly understood stablecoins are cryptocurrencies pegged to the value of the U.S. dollar, such as USDT or USDC.
These stablecoins need 'collateral' to ensure their value, such as U.S. dollar deposits.
Problems with traditional stablecoins
1. Existing stablecoins (like Tether's USDT) rely on banks to store collateral, but banks operate with 'fractional reserves,' which can lead to funding risks. That is to say, if the issuance and reserves do not correspond 1:1, there is a risk of a bank run.
2. The companies issuing these stablecoins have made a lot of money, but ordinary users cannot share in the profits.
Thus, USD0 was born, with different characteristics.
1️⃣ Safer collateral: The collateral for USD0 is not bank deposits but U.S. Treasury securities (similar to government debt, which is very secure).
2️⃣ Completely transparent: Users can view the collateral for USD0 at any time to ensure its value is secure.
3️⃣ Users share profits: Through$USUAL tokens, users can participate in project governance and also share in the profits.
➡️ Its specific mechanism
Users buy USD0
For example, you exchange USDC (another stablecoin) for USD0.
This money will be used to purchase U.S. Treasury securities and other 'safe assets.'
Collateral generates returns
U.S. Treasury securities generate fixed returns each year (for example, 3-5% interest).
These profits will flow into Usual's 'treasury' to support the operation of the project.
User rights
Using USD0's security: The collateral is very safe, and the risk is lower than traditional stablecoins.
Through$USUAL share project growth: Holding $USUAL allows you to vote on how the project operates and also share in part of the project's profits.
Isn't it easy to understand? Its highlight is a safer stablecoin model, dividend profits, fairness and transparency, and it bridges real-world assets (RWA). It also connects traditional financial assets (like Treasury securities) with the cryptocurrency world. Remember the peak representative of stablecoins, $luna? The token price reached over $120. As long as the current stablecoins can operate steadily, any of them has the potential to become the next Luna, with vast price possibilities. Early on! If you can run, ena and usual are potential seed players.
Why did the price of USUAL rise from 0.2U to 0.8U? It skyrocketed in just one day.
Token economic model 🥛
Fair distribution: 90% of USUAL is allocated to the community, and 10% to the team, minimizing dilution pressure.
Anti-inflation mechanism: The issuance of tokens gradually decreases as the protocol grows, increasing scarcity.
Linked to protocol revenue: The value of USUAL is directly related to protocol growth, with transparent cash flow.
USUAL is a token that earns alongside the protocol:
The protocol makes money, and the value of USUAL also increases.
Holding USUAL not only allows you to vote and participate in governance but also to share in the protocol's profits.
Why is the price increasing? ☠️
More and more people believe that USUAL and the protocol behind it have great potential and are willing to buy and hold. With the limited supply of tokens and increased demand, the price naturally rises.
Why is the future worth paying attention to?
As the protocol's TVL (total value locked) grows, USUAL will become increasingly scarce. In the long run, holding USUAL is like holding a part of the protocol; the earlier you participate, the greater your earning potential.
Simply put: USUAL allows users to participate in protocol governance and share in the protocol's success. If you believe in the protocol behind it (USD0 and USD0++), holding USUAL is like growing with the whole system.
How to seize early opportunities
Continuously monitor market dynamics and protocol data. Study project token models and practical application scenarios. The success of USUAL comes from the binding of the token model and protocol revenue, choosing similar projects with practicality and long-term value. Pay attention to pre-market trading and first-day performance: early prices are usually the stage for projects to attract investors.
Actually, saying so much, research takes a lot of time and energy, and with so many market tokens, it's not easy to catch them; if you miss it, you miss it. Join the leader's chat room to read relevant information directly and get started better.
