Detailed explanation of the USUAL project
$USUAL Prospects and popular science
It seems that many veterans in the square are still unclear about the project's business and content
This post will briefly explain why major players in the community are optimistic in the long term
And the reason it is called a bear market weapon
Tether is the most profitable company in the crypto space, without exception. USDT is widely circulated, and to prevent USDT from decoupling from the dollar due to massive on-chain printing, the company buys corresponding underlying assets in reality, e.g., bonds.
And the interest generated from the underlying assets each year will be fed back to the company, making it one of the most profitable companies in the crypto space.
The stablecoin USD0 launched by Usual Money aims to challenge USDT's leading position. 90% of the revenue generated from underlying assets each year will be fed back to users, which is also the original intention of promoting the project.
A brief introduction to the project token functions
✅USD0 : Stablecoin pegged 1:1 to the dollar
✅USD0++ : The project's revenue aggregator, which, after staking USD0,
Obtained, holding in the wallet enjoys daily project revenue distribution
Naturally also includes the 90% underlying asset mentioned above
The revenue
✅usual : The reward token from emissions, the project's revenue is basically all
Through usual emissions, this token staking can enjoy, not
Over the next four years, the total emission will be 10% revenue, and the burned tokens
33% revenue, governance rights, e.g., buyback and burn
✅usual* : The tokens held by the project party, this token has rights over usual
There is a 10% tax function, which is also why it was mentioned above
90% of the revenue is shared with the community, 10% goes to the project party
The tokens held by the project party and the community
Usual represents different tokens, and the addresses are also different
This also means there are no VC tokens held in large amounts, and
The possibility of a market crash
Why optimistic
1️⃣ Stablecoins have always been one of the largest markets in the crypto space, and the RWA track
It is definitely one of the leading tracks in the past two years
2️⃣ Benefits are shared with users, resulting in a rapid growth of its locked value (TVL)
This also means that the project's revenue is growing rapidly
3️⃣ Non-VC tokens, as mentioned above
4️⃣ The project is progressing quickly and decisively, starting the pills activity in July of this year to announce
The launch on Binance exchange is smooth, with daily updates on the official Twitter, uninterrupted
Expanding liquidity and collaborative projects on-chain trading pairs
5️⃣ The community refers to it as a bear market weapon, various tokens bloom in the bull market, while in the bear market
Usual's underlying asset returns continue to generate income, I believe
Many veterans are DCA-ing their favorite tokens during the bear market, so
In the current bear market, many have a lot of USDT, perhaps this is you
A good choice of mine
6️⃣ The project CEO is a former member of the French Parliament and also a leader in French crypto policy
One of the promoters, which is beneficial for seizing the European market
7️⃣ Those in the know should already know that the new product ETH0 will soon be launched
BTC0, etc., and the revenue will also be aggregated by USD0++
Personal opinion:
Currently, the TVL growth rate of this project is very fast, compared to other major projects in the same track whose token prices have not yet fermented. Those interested can check other RWA projects on Alpaca for comparison. Due to the nature of the underlying assets, it does not rise like Luna with an algorithmic approach. Therefore, the token price development is far from over, and the TGE after pre-market trading is just the beginning. Expanding more trading pairs will present a positively soaring trend once the net is cast wide.
Disclaimer: Contains third-party opinions and does not constitute financial advice#USUAL现货即将上线
