0x0_zero
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$USUAL - Undervalued spiraling stablecoin protocol token
USUAL recently released the white paper "Usual: Money Flows as Usual". I spent some time analyzing its token economics and found that this will become a spiraling token that continues to enjoy the benefits of protocol development.
[TLDR]
I think the most valuable points are:
1️⃣USUALx (staked USUAL tokens) holders participate in the daily distribution of USUAL, which is 10% of the total USUAL minted by the protocol. This distribution mechanism provides a hedge for the large-scale issuance of USUAL and rewards users who participate in the ecosystem for a long time.
2️⃣USD0++ One of the ways to redeem USD0 in advance is to destroy a certain amount of USUAL and redeem USD0 1:1. 33% of the USUAL destroyed during the redemption process is allocated to USUALx holders. (33.33% will be destroyed, 33.33% will be allocated to USUAL*, and another 33.33% will be allocated to USUALx)
3️⃣Incentive allocation can be adjusted through USUAL governance, and the scope of the pool can be expanded as needed. USUAL holders are given the ability to guide liquidity. In the world of Defi, the ability to guide funds is of great value.
4️⃣The number of USUAL distributed decreases in proportion to the growth of locked TVL. The anti-inflation token distribution model will make the later acquisition cost of USUAL higher and higher. The rise in the price of USUAL tokens will attract more USD0++ to enter the protocol, thereby generating more USUAL output, and early USUAL pledgers can enjoy a 10% reward during the increase. The cash cow value of USUAL is discovered, causing the price of USUAL to continue to rise. This creates a spiraling cycle model.
In the white paper, there are very detailed token economics, including the minting/redemption/incentive mechanism of USD0/USD0++, the economic rights and governance rights of USUAL, and risk management measures. If you want to know more, please read it carefully.
Related:
1. https://docs.usual.money/resources-and-ecosystem/whitepaper [《Usual：金流如常》 White Paper]
2. https://x.com/0x0_zero/status/1811327476045648272 - RWA Stablecoin Project Investment Research Analysis]
If you find this analysis helpful, don't forget to like and forward it to more people! Your support will help more people understand this potential project.
#USUAL#Crypto#DeFi#Stablecoin
USUAL recently released the white paper "Usual: Money Flows as Usual". I spent some time analyzing its token economics and found that this will become a spiraling token that continues to enjoy the benefits of protocol development.
[TLDR]
I think the most valuable points are:
1️⃣USUALx (staked USUAL tokens) holders participate in the daily distribution of USUAL, which is 10% of the total USUAL minted by the protocol. This distribution mechanism provides a hedge for the large-scale issuance of USUAL and rewards users who participate in the ecosystem for a long time.
2️⃣USD0++ One of the ways to redeem USD0 in advance is to destroy a certain amount of USUAL and redeem USD0 1:1. 33% of the USUAL destroyed during the redemption process is allocated to USUALx holders. (33.33% will be destroyed, 33.33% will be allocated to USUAL*, and another 33.33% will be allocated to USUALx)
3️⃣Incentive allocation can be adjusted through USUAL governance, and the scope of the pool can be expanded as needed. USUAL holders are given the ability to guide liquidity. In the world of Defi, the ability to guide funds is of great value.
4️⃣The number of USUAL distributed decreases in proportion to the growth of locked TVL. The anti-inflation token distribution model will make the later acquisition cost of USUAL higher and higher. The rise in the price of USUAL tokens will attract more USD0++ to enter the protocol, thereby generating more USUAL output, and early USUAL pledgers can enjoy a 10% reward during the increase. The cash cow value of USUAL is discovered, causing the price of USUAL to continue to rise. This creates a spiraling cycle model.
In the white paper, there are very detailed token economics, including the minting/redemption/incentive mechanism of USD0/USD0++, the economic rights and governance rights of USUAL, and risk management measures. If you want to know more, please read it carefully.
Related:
1. https://docs.usual.money/resources-and-ecosystem/whitepaper [《Usual：金流如常》 White Paper]
2. https://x.com/0x0_zero/status/1811327476045648272 - RWA Stablecoin Project Investment Research Analysis]
If you find this analysis helpful, don't forget to like and forward it to more people! Your support will help more people understand this potential project.
#USUAL#Crypto#DeFi#Stablecoin
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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