The project party is well-versed in PUA strategies for retail investors: they use grand narratives to touch the hearts of retail investors, then deplete resources as much as possible, quickly offloading for cash. The retail investors can’t stand some complaints, so the project party reluctantly raises the market a bit to make the retail investors feel grateful, and then continues to hammer it down hard. 😂 The only issue is that it's tough for a team with this kind of mindset to go against USDT stablecoins, which makes one feel a bit anxious. Extreme PUA, driving away the golden treasure trove of hardcore fans, depleting resources is just about the same. Once the emotional connection to the treasure trove is gone, what’s left is just a game of confrontation between speculative groups and fraud syndicates. 🤣
Comparison between Usual Protocol and LUNA Here are some key differences in design between Usual Protocol and LUNA that determine Usual Protocol's potential in stability and risk management:
(1) Differences in Stablecoin Mechanisms LUNA: Uses algorithmic stablecoins, which maintain the price of the stablecoin through the exchange relationship between LUNA tokens and UST in the market. However, this design relies on market sentiment, and when the market loses confidence, the stablecoin may de-peg, leading to ecosystem collapse.
Usual Protocol: Utilizes a collateral-based stablecoin (USD0). Users need to provide eligible collateral (such as crypto assets or real-world assets) to mint USD0. This means that the stability of USD0 relies on the value of the collateral rather than the price fluctuations of tokens in the market.
🧵 Addressing $USUAL inflation fears - with actual math from the whitepaper
After deep diving into tokenomics, I want to break down why these inflation concerns are overblown. Let's look at the actual formulas:
1/ Daily distribution formula (Section 5.1): USUALdist = (0.25/365) × Mt × Supply++t × Pt
That 0.25 is crucial - means core distribution over 4 years, not infinite!
2/ The real magic is in the Minting Rate (Mt): Mt = min[M0 × St × Rt/γt, κt]
This ensures:
Can't exceed initial rate Decreases with growth Adjusts with market conditions
3/ Here's where it gets brilliant. Supply Factor (St): St = min[(Supply0 × P0)/(Supply++t × Pt), 1]
As TVL grows → St decreases → Lower emissions per USD0++ Math literally enforces scarcity! 📉
4/ Rate Factor (Rt) ties minting to real yields: Rt = min[max[rt, rmin], P90(πt)]/r0
Translation: When treasury yields drop, minting drops. No artificial inflation!
5/ The hard cap factor κt (Section 5.1.5): κt = (M0 × max[rt, rmin])/(r0 × γt)
"The cap factor is included to ensure the minting rate does not go above the initial minting rate" - direct quote!
6/ Why this matters:
Every new USUAL = proof of actual revenue Emission rate drops as protocol succeeds Hard mathematical caps prevent excess Automatic adjustment with market conditions
7/ Direct whitepaper quote (Section 5): "The token's supply is inherently disinflationary, as the amount of USUAL distributed per unit of locked TVL decreases in proportion to the protocol's growth"
8/ More protection from Section 5.1.4:
Scale factor (γt) lets DAO adjust if needed Time factor (τt) ensures proper daily distribution Both provide extra control layers
9/ Think about current price... Market fears inflation but math shows:
10/ Final thought from whitepaper: The model ensures "USUAL issuance remains adaptive to both macroeconomic conditions and protocol-specific developments"
Most of the funds, $USUAL , entered the market in the late night, and they were basically overwhelming. From this, it can be seen that many foreigners are participating in this usual governance token.
You can earn 1% a day. Look at Alipay, 1 million only makes 100 yuan a day, so the daily interest is 0.01%.
vccoin
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Bearish
$USUAL Pledge is really a scam. Don't pledge. The annual interest rate is 2600% and the daily interest rate is 7%. In fact, the daily interest rate is 1%. It's a scam.
You can earn 1% a day. Look at Alipay, 200 million only earns 200 yuan a day.
vccoin
--
Bearish
$USUAL Pledge is really a scam. Don't pledge. The annual interest rate is 2600% and the daily interest rate is 7%. In fact, the daily interest rate is 1%. It's a scam.
Haha, the upward trend is confirmed, the FOMO (fear of missing out) mood is here. If you think you're smart for not getting on board, you'll just have to watch it rise higher and higher.