Usual PriceUSUAL

What Is Usual?

Usual is a decentralized fiat stablecoin issuer aiming to revolutionize access to Real-World Assets (RWAs) within the cryptocurrency and decentralized finance (DeFi) ecosystems. By leveraging blockchain technology, Usual creates financial products that prioritize transparency, decentralization, and equitable value distribution. Its main products include the USD0 stablecoin, a Liquid Deposit Token (LDT), and the USUAL governance token, both designed to reshape traditional approaches to asset-backed stablecoins.

At its core, Usual focuses on addressing the inefficiencies and inequalities in the stablecoin market. Unlike traditional stablecoins such as Tether (USDT) or USD Coin (USDC), Usual offers a permissionless and composable stablecoin model fully backed by RWAs like U.S. Treasury Bill tokens. This structure ensures greater security and decentralization, providing users with a robust and transparent financial solution.

How Usual Works

The Usual ecosystem operates around three key financial instruments:

1. USD0 Stablecoin

USD0 is Usual’s fiat-backed stablecoin pegged 1:1 to the U.S. dollar. It stands out in the market by being fully collateralized with real-world assets, such as ultra-short-maturity U.S. Treasury Bill tokens. This approach ensures:

• Transparency: Users can verify collateral reserves in real time.

• Security: USD0 avoids risks associated with fractional reserve banking, making it “bankruptcy remote.”

• Seamless Integration: As a permissionless and composable token, USD0 can easily integrate into DeFi platforms for payments, trading, and collateral purposes.

2. USD0++ Liquid Staking Token

USD0 holders can stake their tokens to receive USD0++, a Liquid Staking Token (LST). This enables users to lock their USD0 for a fixed maturity period (typically 4 years) and earn additional rewards:

• Access to protocol-generated value.

• Liquidity options through secondary markets. USD0++ aligns user incentives with the protocol’s long-term growth while maintaining flexibility for liquidity needs.

3. USUAL Governance Token

USUAL is a governance token tied to the protocol’s revenue. By holding and staking USUAL, users gain ownership and governance rights over the protocol’s operations and treasury. Additionally, USUAL holders can influence decisions related to collateral management, revenue distribution, and future expansions.

What Is USUAL Token Used For?

The USUAL token, with a maximum supply of 4 billion, is a governance and utility token within the Usual protocol. It allows holders to participate in decentralized decision-making through the Usual DAO, where they can vote on key aspects like treasury management, collateral acceptance, and fee adjustments. Additionally, USUAL provides access to revenue sharing, enabling holders to benefit from the protocol's growth and operations through staking rewards and potential long-term value appreciation.

Holders can stake USUAL tokens to receive USUALx, a staked version that offers daily reward distributions and participation in governance proposals. The protocol incorporates deflationary mechanisms to enhance token scarcity over time, aligning incentives with long-term engagement. With 90% of the token supply allocated to the community and 10% to the team and investors, the distribution model emphasizes a community-driven approach within the ecosystem.

Conclusion

Usual is redefining the role of stablecoins and governance tokens in the cryptocurrency space. By prioritizing decentralization, transparency, and fair value distribution, it offers a compelling alternative for both retail and institutional investors. With its USD0 stablecoin and USUAL governance token, Usual is positioned to bridge the gap between traditional finance and DeFi while fostering a more inclusive and resilient financial ecosystem.