Information about USUAL:

Launch: November 15, 2024

Usual is a decentralized issuer of fiat stablecoins that redistributes ownership and governance through the token.

Token Functions

Governance Control: Allows token holders to manage the protocol and influence key financial decisions.

Deflationary Issuance: The issuance of USUAL is linked to the USD0 TVL (USD0++), creating scarcity as new TVL comes in.

Revenue-Based Model: The issuance of USUAL is aligned with future cash flows, keeping the inflation rate below revenue and treasury growth.

Staking Rewards: By staking USUAL, holders activate governance rights and receive 10% of new USUAL issued.

Gauge Mechanism: Directs and optimizes liquidity distribution within the protocol.

Collateral Management: Governance determines the types of collateral and their weighting behind USD0, ensuring stability and flexibility.

Treasury Management: Allows USUAL holders to efficiently manage the treasury and maximize the compound effect.

Protocol Structure:

USD0: Fully collateralized stablecoin backed by short-term, liquid, and risk-free assets, being composable, permissionless, and transparent within the DeFi ecosystem.

USD0++: Liquid staking token of USD0, distributing rewards in the form of $USUAL.

$USUAL: Rewards the growth of USD0, its adoption and use within the ecosystem, acting as a governance token backed by real cash flows.

Token Type: ERC-20

Initial Circulating Supply on Binance: 494,600,000 (12.37% of total token supply)

Max supply: 4,000,000,000

Binance Launchpool: 300,000,000 (7.50% of total token supply)

Distribution:

Binance Launchpool: 7.50%

Initial Airdrop: 8.50%

Investors and Advisors: 5.68%

Team: 4.32%

DAO and Ecosystem: 7.50%

Liquidity: 2.00%

Community Incentives: 64.50%