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USUAL protocol performed well in the fifth week, with TVL exceeding US$400 million and innovative incentives attracting attention

USUAL protocol performed well in the fifth week, with TVL exceeding US$400 million and innovative incentives attracting attention

Bitget2024/12/30 06:06
USUAL-4.01%

USUAL protocol performed well in the 5th week, TVL exceeded 400 million US dollars, and innovative incentives attracted attention

Recently, the official said that the USUAL protocol performed outstandingly in the 5th week reward plan:
-The total TVL increased by 31%, breaking the 400 million US dollar mark.
-The minting rate dropped by 24%, further enhancing the scarcity of USUAL tokens.
-USDO++ holders and liquidity providers enjoy an annualized rate of return (APY) of 61%-65%, while the APY of USUALx holders is as high as 993%.

In addition, the USUAL protocol launched a long-term value token (USUALx), providing more than 350% APY to attract users to stake USUAL tokens for a long time. USUALx further strengthens the binding relationship between user ownership and protocol growth, pushing the protocol into the next stage of development. At the same time, on the Pendle platform, the USDO++ pool ranked among the top five high-yield pools with excellent performance:
-The total liquidity exceeded 53 million US dollars.
-Providing excellent long-term yield (YT) and fixed yield (PT), showing strong competitiveness in the LP market.
Through its unique incentive mechanism and user-oriented design, the USUAL protocol is leading a new wave of growth in the DeFi field and providing users with long-term sustainable value growth solutions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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