As of today UTC+0, the income change for USUALx holders has been activated. Those who maintain their USUALx positions during this week will be eligible for the distribution of last week's collateral income.
More details here and in the dApp: usual.money/blog/revenue-s…
The 1:1 early unstaking function will be available in the dApp tomorrow, along with all associated rules, allowing users to choose between farming strategies and unstaking.
More information about the income change
In the usual ecosystem, redistribution operates with transparency and simplicity:
- 90% of the usual token supply is allocated to the community.
- 100% of the collateral income is distributed weekly to USUAL stakers and is rewarded in USD0.
This approach ensures a fair and sustainable long-term model for all holders.
This week a detailed document on distribution mechanisms will be published. New staking mechanics will soon be introduced, aiming to create a more autonomous and elegant redistribution system. Weekly reports will also be published, allowing everyone to verify the income that is already on-chain.
More information about early staking cancellation
The 1:1 Early Unstaking undo function will be available in the dApp tomorrow, along with all associated rules, giving users the option to choose between farming strategies and undoing the 1:1 Early Unstaking allows 1:1 exits with up to 180 days of rewards in USUAL. Those USUAL tokens will be partially burned and redistributed, as described in the technical document.
These mechanics are the result of a balanced and long-term approach designed to maintain sustainability and underscore Usual's commitment to an innovative and long-term model.
Side note
1) Usual has fulfilled its commitment to avoid bad debts in the markets where curators participate. No bad debt has been generated. All income will go to the DAO, and everyone will be able to verify the data on-chain. The figures will be published in the coming hours.
2) The activation of rewards for the new USD0/USD0++ LP market of Morpho was delayed by one day, creating a brief phase of higher rewards for the independent Curve USD0/USD0++ LP and the old USD0/USD0++ LP market coded. All Morpho borrowers in the new market will receive their corresponding rewards with a one-week delay through a distribution.$$$##$
