*Note 1: The APY in the title is based on the APY at the time of writing (currently the APY is 271%, which may change over time).

*Note 2: Staking USUALX is not a risk-free investment. There are still risks as the price of USUAL changes daily.

*Note 3: This article is not investment advice. Please do your own research (dyor).

*Note 4: The exchange and operation of functions on the wallet will incur ETH network fees. And the current network fees are quite high; this fee is collected in ETH, not USUAL. My personal experience is that it is best to perform transactions during the UTC+7 time frame from 7 AM to 12 PM to keep the fees lower.

*Note 5: Operations on the wallet need to be "extremely, extremely careful" because you cannot undo or complain. "A pen stroke is a dead chicken."

In recent days, I have received quite a few comments from those holding USUAL about staking USUAL and receiving additional weekly "Revenue Switch" rewards. So today I will guide you on how to do that.

1. Step 1: Create a wallet

*This step can be skipped by anyone who already has a wallet or a web3 wallet from BINANCE.

In this article, I will guide you on how to create a Metamask wallet:

  • First, access the GOOGLE PLAY app store on your phone.

  • Step two, search for the Metamask wallet and download it.

  • Step three, carefully follow the instructions when creating the wallet. Write down the 12-character phrase on paper and ensure no one knows about it, except for yourself. That way, you will have a wallet.

  • Step four, import USUAL, USUALX, USD0, ETH tokens into the wallet. This step is to display these tokens in your wallet. Many people skip this step and when they transfer tokens, they can't find them and panic. For me, this is an important step.

  • Step five, switch the Metamask wallet network to Ethereum Mainnet.

2. Step 2: Transfer tokens from SPOT on Binance to your wallet. (This step requires caution)

  • Step 1: Of course, you must have USUAL and ETH in SPOT.

  • Step 2: Go to the token withdrawal feature on Binance.

  • Step three: Select USUAL as the token to transfer, copy the wallet address from the wallet you created, select the ETH network.

  • Note that the wallet address must be entered extremely accurately because if you enter it incorrectly, it will be lost forever, and you cannot complain anywhere. You can copy the Metamask wallet address from the circle as shown below. Here, just go into Metamask and you will understand on your own. (The area I colored is just to hide the wallet address, hehe).

  • Step four, Binance will require several steps to verify the transaction. You can read and do this yourself; I won't guide you. After the verification is complete and the transaction is finalized, you will need to wait a few minutes for USUAL to be transferred to your wallet.

  • Step 5: Repeat the above steps but withdraw ETH. It will depend on the amount of USUAL tokens that you want to swap for USUALX and the fees at the time of your swap that you need different amounts of ETH. I think around $30-50 worth of ETH is enough. The ETH network fees are currently quite high.

3. Step 3: Swap USUAL for USUALX

When you check that USUAL is in your wallet, you can finally breathe a sigh of relief, hehe.

  • Step 1: Accurately access the USUAL homepage. Here I will guide you to access through BINANCE. You check the price of USUAL, then click on the project information. You will see the link to the official website, just click on it. That way, you don't have to worry about anyone scamming you.

  • Step two, click on Access App on the USUAL homepage, then connect your wallet. (Here I'm doing it on the computer)

  • Step three, enter the amount of USUAL you want to swap for USUALX. And proceed to transfer on the right.

  • Note: this transfer process incurs ETH fees, so in the previous step, I mentioned the need to transfer an additional amount of ETH to the wallet for fees.

  • After the conversion is complete, you will see USUALX in your wallet.

4. Where to see the increase in USUAL amount? How to receive the "Revenue Switch" reward.

The amount of USUALX you hold will not increase over time. HOWEVER... its value will increase compared to USUAL over time.

This means the amount of USUAL that you can receive will continuously increase over time. However, you need to note that when unstaking, you will incur a 10% unstaking fee. Therefore, when staking USUALX, you need to stake for the long term to outweigh the fees.

To see the amount of USUAL increase based on the USUALX you are holding, you need to access DeBank. After you access DeBank and paste your wallet address, you will see the amount of USUAL increase every hour, every day.

The "Revenue Switch" reward will be distributed when you hold USUALX for a full week. That is, if you want to receive the reward next week, you need to hold USUALX from 0:00 (UTC+0) on Monday to 0:00 (UTC+0) the following Monday. In short, you must hold the USUALX amount unchanged (it can increase but cannot decrease) to receive the reward. The reward will be calculated based on the amount of USUALX you hold at 0:00 (UTC+0) on the first day of the week.

5. Conclusion.

USUALX is a product of double interest staking that I find quite appealing as the amount of USUAL will increase hourly and revenue sharing is done weekly. This is one of the options I find quite stable for long-term investment.

However, staking USUALX still carries risks if the price of USUAL decreases, so you need to consider carefully before staking. Personally, I prefer long-term investments, but not everyone thinks like me.

The above is my article, and I have tried to write it as detailed as possible for you to follow. If you find any part incorrect, please leave a comment below so I can make timely corrections.

*Please do your own research (dyor). This article is not investment advice.