#USUAL - decentralized issuer of stablecoins with passive income, in terms of idea, is very similar to Ethena, but has a completely different implementation method. In both protocols, stablecoin holders receive yields.
Usual has a line of projects:
Stablecoin USD0 for stability, USD0++ for earning, and USUAL for governance with revenue sharing.
For numbers so far:
API USD0++ - 67%, and TVL 278.64 million$
Technically
As part of the experiment, I decided to increase my position in USUAL, the latest reports indicate that the demand for such stablecoins is growing. The chart has swung to the buyer's block, I assume this is the final false breakout before the chart reversal.