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The USUAL cryptocurrency, also known as Usual Money, is a decentralized financial platform aimed at creating a fairer and more transparent monetary system. It stands out for its innovative approach in the decentralized finance (DeFi) ecosystem and the issuance of a stablecoin.
Whitepaper Information (Summary)
The whitepaper of the Usual Cryptocurrencies presents the platform as a blockchain technology and cryptocurrency-based solution to solve problems of traditional financial systems, such as wealth concentration, corruption, high fees, and financial exclusion.
Main features:
* Blockchain Technology: The platform utilizes blockchain technology, with a consensus mechanism called "Proof of Stake" (PoS) to validate transactions and secure the network, ensuring safety and transparency.
* Token Structure: The protocol is built around three main tokens:
* USD0: A stablecoin fully backed by short-term, liquid, low-risk assets, with no exposure to banks or counterparty risks. It is designed to be stable, secure, and accessible in the financial market.
* USD0++: A liquid staking token of USD0 that distributes rewards in the form of $USUAL tokens.
* $USUAL: The governance and reward token that powers the Usual protocol. It grants users ownership and governance over the infrastructure and treasury of the protocol, being backed by real cash flows.
* Decentralized Governance: A decentralized governance system allows token holders #usual to participate in decisions about the platform, such as collateral management and optimizing liquidity distribution.
* Tools for Developers: The platform offers tools for developers to build decentralized applications (dApps) on it.
* Rewards System: Encourages user participation in the network.
Advantages of having USUAL in your Portfolio
Incorporating the USUAL cryptocurrency (or its stablecoin USD0) into a portfolio can offer various advantages, especially for those seeking diversification and exposure to the DeFi sector:
* Stability (with USD0): As a stablecoin backed by real-world assets, USD0 offers greater stability and can reduce price fluctuations, making it a solid foundation in a volatile crypto asset portfolio.
* Security and Transparency: The use of blockchain technology ensures secure and auditable transactions, eliminating reliance on centralized entities and increasing trust.
* Decentralized Governance: By owning the $USUAL token, you have voting power and influence over the strategic decisions of the project, which can align your interests with the growth and direction of the platform.
* Appreciation Potential: Although USD0 is a stablecoin, the governance token #Usual has appreciation potential, driven by the growth of the ecosystem and its controlled issuance (fixed total supply of 4 billion USUAL tokens, linked to the total value locked of USD0).
* Staking Opportunities: Active participation in the ecosystem can generate rewards through staking, allowing you to accumulate more tokens and generate passive income.
* Integration with the DeFi Ecosystem: USUAL strategically positions itself in the decentralized finance sector, which can open doors for various financial strategies and enhance its applicability in the market.
* Protection Against Inflation: Due to its limited supply and decentralized nature, USUAL can serve as a form of protection against inflation, similar to other cryptocurrencies with scarcity characteristics.
* Financial Inclusion: The platform's proposal to reduce fees and increase transparency can contribute to greater global financial inclusion.
For more details, you can consult the information available from sources such as:
* Everything you should know about USUAL. The whitepaper pres | Alimi Bare on Binance Square
* #Usual What are the main benefits of investing in the cri | Sætoshi on Binance Square