$USUAL
Lately I hear a lot:
"Weekly rewards in USD0 that stakers receive have decreased"
Yes, it's true, they have gone down and will continue to go down.
Three days ago a vote ended (UIP-9), in which stakers were asked: “Do you want the rewards in USD0 to be reduced by 70%?”
Can you guess what the majority answered?
“Yes, we want the weekly rewards in USD0 to be reduced.”
This process is irreversible.
The team of $USUAL acted very democratically, there was total transparency, the question was asked and the stakers responded. It was their choice, not a trap. The team is not to blame for this decision.
How much more will the rewards decrease?
We don't know.
The rewards in USD0 are distributed among all who lock $USUALx.
$USUALx can be locked for periods of 1, 3, 6, or 12 months and cannot be unlocked until the term is met.
The APY will continue to decrease. How much more?
Currently, there are about 110,000,000 $USUALx locked out of a total of 514,327,440 and we don’t know how much more will be locked 🤷♂️
I locked all my $USUALx for 12 months, and when I did, the APY was above 400%.
Now it is decreasing, it has reached 99% and will probably continue to decrease. No one knows until when.
Stakers now receive only 30% of the rewards, the other 70% goes to the treasury.
The treasury will use that USD0 to buy tokens in the market, with the aim of stabilizing and increasing the price.
We hope that the loss of 70% of the USD0 is compensated with an increase in the price of #USUAL
Peace, sex, and rock and roll 🤘
Liberty, Equality, Fraternity ✌️
Long live France, long live love 🫶