$USUAL Currently, UIP-9 has been approved and the lock feature has appeared. Hmm, overall, I feel quite neutral about this proposal. And I seriously wrote down its advantages and disadvantages:

+ Advantages:

1. The Buy-Back will retain an amount of USUAL in the treasury equivalent to ~70% of monthly revenue. This will stabilize the price, at least helping to prevent further collapse.

2. The Lock also helps reduce the actual circulating supply on the exchange, creating a scarcity environment.

+ Disadvantages:

1. Significantly reduces the profits of USUALX holders in the short term when "borrowing" 70% of monthly revenue. It is easy to see that the APY has dropped quite seriously, and I think it will continue to drop sharply as the current lock amount is not yet 1/3 of the amount of USUAL that is staked. The last time I checked, it was about 150 million locked compared to over 600 million USUAL previously staked (this may be incorrect due to late updates).

2. Locking means you will not be able to exit until the cycle ends.

3. With the amount of USUAL staked increasing steadily before, I don't think the issue lies with USUAL but rather with USD0. When staking USD0, one receives interest in USUAL and almost everyone will sell off this amount. Meanwhile, when staking USUALX, people receive USD0, and most people hold or buy more USUALX, but there will also be cases where they take it to buy other coins, haha. And thus inflation occurs, and it gets worse when USD0 is pegged firmly at 1 dollar while USUAL decreases in value. Do you understand? This means that with each cycle, those staking USD0 will receive more USUAL because of the fixed interest percentage, but the price of USUAL drops. Until the price of USUAL rises to reverse this situation, which is also the purpose of UIP-9