useful reading. in other words, can we say that it is better to farm usual from usd0++ and stack them in usualx than to buy usual on binance...?

$USUAL

There’s a lot of FUD around @usualmoney due to misunderstandings about USD0++. Let’s clear the air. USD0++ is an LST (Liquid Staking Token) that acts like a bond, maturing 1:1 with USD0 in four years. Some investors thought it was a stablecoin that lost its peg when locks were enabled, but this was part of the roadmap from day one.
I’m not defending the team’s implementation, but it’s important to know: USD0++ holders who stay the course will break even (or profit) as the interest in Usual and USD0++ appreciation accumulates. The token can even be collateralized on platforms like Euler. Plus, there are two instant redemption options—Conditional Exit and Unconditional Exit—explained in detail in Usual's blog. Worth a read. 👀
The Alpha Most Are Missing: Usualx
Locking redemptions for four years secures $256M in revenue over that period via RWAs (real-world assets), specifically Hashnote’s USYC generated from the locked USD0++. At the current TVL of $1.58B, that’s $5.33M/year in revenue—AND it’s shared entirely with Usualx stakers! 💰🔥 Starting February 1st, 100% of revenue will be distributed to Usualx stakers, delivering 58% APY in USD0 rewards on top of 214% token emissions.
Read that last paragraph again.
Why Fed Rate Decisions Are Bullish Either Way
USYC earns yield from Treasury Bills tied to the Fed Funds Rate. Here’s the kicker:
Rates Stay High? Higher yields = higher revenue for Usualx stakers.
Rates Drop? While yield decreases, FDV/TVL multiples tend to rise during quantitative easing. Lower rates could actually boost Usual’s token price.
In both scenarios, Usualx benefits. 💎
Real Income Potential
At today’s $0.65 Usualx price, a $100K investment could earn:
$58K from revenue share
$214K from emissions
Total: $272K if compounded APR is applied—or $159.2K on a simple APR basis. 🤑
Yield Dynamics
Yes, yields adjust. As TVL for USD0++ grows, emissions yields may drop, but revenues from USYC scale up too, benefiting all stakers. Your stake in Usualx determines your share of the protocol’s monthly revenues.
Market Opportunities
Usualx is trading at $0.65, with the lowest FDV/TVL ratio in Usual’s history. Other DeFi protocols hit FDV/TVL ratios of 50x, but Usual is dramatically undervalued. Check out the data from the teams Dune: Usual Dashboard.

Credit : Twitter account @bocaluxury