my prediction for this project ... the developers will do a rug pull and come up with a stupid excuse of hacking to justify the losses...hahaha
Eleanor Sammut ln1d
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$USUAL
I read the project again. It is an interesting project. However, I do not understand why they have not yet implemented inflation control by burning coins or controlling the issuance of more coins.
My second point is that, today, those who have not read the whitepaper or consulted support do not understand how much they would receive from staking (for those who do not have Web3 available on Binance, they only saw other decentralized wallets) of Usual, which would be UsualX. In other words, they only see when simulating early redemption that there would be a cost of 10% of usual and how much they would earn for that operation.
Third, this 10% - related to how much you would redeem in advance - should be burned by the issuer. I have not yet seen this 10% reflected in the overall amount of Usual, since it should reduce according to a real “Burn”.
Fourth point: up until now, those who invest through Binance and do not have access to Web3 (through Binance) cannot stake their Usual. They can just put it in “Earn” and that’s it. In other words, it is terrible to invest through Binance, you are losing money.
Fifth point: the issuer of Usual @Usual Official could insert a form of staking through Binance (for those who do not have access to Web3, which is the majority), otherwise the price will go to zero, given the greater capacity to reach users.
...the major investors who understand web3 audited the contracts and saw what I saw, which is why the TVL reached a peak and since then it started to decrease. Read the Smart contracts.
Eleanor Sammut ln1d
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$USUAL
I read the project again. It is an interesting project. However, I do not understand why they have not yet implemented inflation control by burning coins or controlling the issuance of more coins.
My second point is that, today, those who have not read the whitepaper or consulted support do not understand how much they would receive from staking (for those who do not have Web3 available on Binance, they only saw other decentralized wallets) of Usual, which would be UsualX. In other words, they only see when simulating early redemption that there would be a cost of 10% of usual and how much they would earn for that operation.
Third, this 10% - related to how much you would redeem in advance - should be burned by the issuer. I have not yet seen this 10% reflected in the overall amount of Usual, since it should reduce according to a real “Burn”.
Fourth point: up until now, those who invest through Binance and do not have access to Web3 (through Binance) cannot stake their Usual. They can just put it in “Earn” and that’s it. In other words, it is terrible to invest through Binance, you are losing money.
Fifth point: the issuer of Usual @Usual Official could insert a form of staking through Binance (for those who do not have access to Web3, which is the majority), otherwise the price will go to zero, given the greater capacity to reach users.
I have already told you the white paper does not matter in a DeFi project, only the smart contracts matter, and these contracts of the project are very centralized that's why it is ....
Eleanor Sammut ln1d
--
$USUAL
I read the project again. It is an interesting project. However, I do not understand why they have not yet implemented inflation control by burning coins or controlling the issuance of more coins.
My second point is that, today, those who have not read the whitepaper or consulted support do not understand how much they would receive from staking (for those who do not have Web3 available on Binance, they only saw other decentralized wallets) of Usual, which would be UsualX. In other words, they only see when simulating early redemption that there would be a cost of 10% of usual and how much they would earn for that operation.
Third, this 10% - related to how much you would redeem in advance - should be burned by the issuer. I have not yet seen this 10% reflected in the overall amount of Usual, since it should reduce according to a real “Burn”.
Fourth point: up until now, those who invest through Binance and do not have access to Web3 (through Binance) cannot stake their Usual. They can just put it in “Earn” and that’s it. In other words, it is terrible to invest through Binance, you are losing money.
Fifth point: the issuer of Usual @Usual Official could insert a form of staking through Binance (for those who do not have access to Web3, which is the majority), otherwise the price will go to zero, given the greater capacity to reach users.
if you have #usual hoping it will go up ...the best thing you can do right now is to accept losses and sell because in tvl after reaching 1.36B it started to go down then if the coin stayed at 0.5 while its tvl was increasing now that the usual tvl started to go down which indicates loss of confidence by strong investors the #usual coin will lose its value to maintain the stickiness of usd0 to the dollar... in conclusion if things continue as they are going very soon the usual token will touch levels below 10 cents of a dollar where even at that price you have to think about buying it...
In which exchanges according to you is it at one dollar?
Thiago modo iniciante
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Bullish
🤔 I have doubts about this cryptocurrency, after all, outside of #Binance" , $USUAL is traded at $1 dollar, why here at #Binance" is it traded at around $0.30 dollars?
Also, when will $USUAL stop being a novelty?
Do you think that those who have $USUAL should hold on to it, because when it goes up for trading, it will go straight to $1 dollar?!!
That's right, I'm a beginner in cryptocurrency, I'm learning every day, I don't know if I said anything stupid here, I just wanted to know more. If anyone can, help me clear up my doubts.
#curte to find out if anyone else has the same doubts!
After the team from #usual stepped up to discuss the project and its strengths, showing why this project is an innovative and necessary proposal for the crypto ecosystem, the token has seen a brief uptick, leaving a minimum of $0.2050 in the correction made from the $0.47 it reached in the first minute of the token being on sale.... The question is, is this a trend change for the token #usual or just a dead cat bounce... I read your comments, thank you...
As many already know, the token #USUAL was listed yesterday, this token is an investment fund project like #blackrock , what did they expect from these people? That they would take profits by doing a mini rugpull of the token and leaving all the small investors watching how our illusions of getting rich overnight remain just that, foolish illusions. I have been a cryptocurrency enthusiast since 2017 and over this time I have seen how in this platform there are people who make a lot of money and well, for someone to make money, someone else has to lose it. I have also seen many people who have lost a lot of money and I am one of them, since since I entered this crypto world... in terms of money, I have only had losses, but to compensate for my losses, I have acquired a lot of knowledge and today I am a web3 engineer as I program, audit, and create smart contracts. My entire life is based on this proposal made by Satoshi Nakamoto more than 10 years ago, so I am more than convinced that this technology is what can take humanity to the next evolutionary level... what I am getting at with all this that I am telling you is that if there is someone who believes in this technology and in decentralization, it is me... but what happened yesterday with #USUAL made me feel like an idiot... because even though I did the corresponding research and made the decision to invest in the project consciously because I think the proposal they have is innovative and very good, that of tokenizing real assets to generate a stablecoin, in addition to being backed by investment funds with years in the market like #blackrock , does not hide the fact that what happened yesterday on Binance was a complete scam in every sense of the word... in all this time and with all the losses I have had in this crypto world, I had never felt so scammed as in USUAL... give it a like and follow me, if I get more than 100 likes on this, my first post, I will tell you in detail how the #SCAM was.