799.44K
3.27M
2024-11-14 12:00:00 ~ Pending
Pending
Introduction
Usual is an on-chain version of Tether, aggregating Real-World Assets (RWAs) and issuing USD0, an institutional-grade stablecoin. Unlike traditional revenue-sharing models, Usual operates on an innovative ownership-sharing model. The protocol is governed by the USUAL token, which redistributes both value and control to its users. USUAL Total supply: 4,000,000,000
I. Project introduction Habital is a fiat stablecoin publisher focused on security and decentralization, committed to allocating platform ownership and governance through the platform token USUAL. As a multi-chain infrastructure, Habital integrates tokenized real-world assets (RWA) of entities such as BlackRock, Ondo, and Mountain Protocol, converting them into a permissionless, on-chain verifiable, and composable stablecoin USD0, promoting the free flow of global financial resources on the chain. USD0 is the first liquid deposit token (LDT) provided by Habital, supported by real-world assets with a 1:1 ultra-short term, ensuring stability and security. Users can either directly deposit eligible RWA to mint USD0, or choose to deposit USDC or USDT into the protocol and have a third party provide necessary RWA collateral. This flexible mechanism reduces the threshold for customer engagement and improves the liquidity and efficiency of assets. The founder of the project, Pierre Person, was once an important figure in French politics and laid the foundation for the compliance operation of Habital. According to rootdata data, in 2024, Habital completed two rounds of financing with a total amount of $8.50 million. Currently, the total locked position (TVL) is $369 million. II. Project highlights 1. Multi-chain integration and real-world asset support Habital integrates tokenized real-world assets (RWA) from leading institutions such as BlackRock, Ondo, and Mountain Protocol onto the blockchain with the help of multi-chain infrastructure, creating a permissionless, on-chain verifiable, composable stablecoin USD0. Through this integration, Habital achieves seamless integration between traditional financial assets and blockchain technology, providing users with efficient and secure asset stability guarantees. 2. Flexible and efficient stablecoin minting mechanism The casting of USD0 supports two methods: users can directly deposit eligible RWA assets, or obtain equivalent USD0 by depositing USDC/USDT, with the latter provided by a third party as necessary RWA collateral. This flexible dual mechanism not only reduces the participation threshold for users, but also improves overall liquidity, providing a friendly participation experience for retail and institutional users. 3. Comprehensive stablecoin yield mechanism Habital not only provides the basic stablecoin USD0, but also designs the value-added token USD0 ++, allowing users to obtain additional income by locking assets. Users can choose to receive daily rewards for the governance token USUAL, or obtain stable risk-free income through fixed-period locking. This flexible income design meets the diverse needs of different users. 4. Strong team background and significant market performance Habital was founded by Pierre Person, a former member of the French Parliament. Its team has deep accumulation in policy promotion and blockchain technology, laying the foundation for the compliance and market expansion of the project. In 2024, Habital completed two rounds of financing totaling $8.50 million, and currently TVL has reached $369 million, demonstrating strong market performance and growth potential. III. Market value expectations Based on USUAL's initial circulation ratio of 12.37% and Bitget's pre-market transaction price of 0.447 dollars, we can refer to the data and growth potential of the benchmark project to calculate its market value performance. Benchmark project market value reference: 1. Real Estate Derivatives Agreement Parcl ($PRCL) Unit price: 0.43 dollars Market capitalization: $62.52M If USUAL reaches a similar market cap, the token price will approach 0.426 dollars. 2. Decentralized institutional-level financial protocol Ondo Finance ($ONDO) Unit price: 0.96122 dollars Market capitalization: $1.38B If USUAL reaches a similar market capitalization, the token price can reach about 9.34 dollars. 3. RWA L1 blockchain MANTRA ($OM) Unit price: 4.1 dollars Market capitalization: $3.69B If USUAL reaches a similar market capitalization, the token price can reach about 24.21 dollars. IV.Commonal Token Economics 1. Token distribution The total supply of USUAL is 4 billion, and the initial circulation ratio is 12.37%. The distribution is community-centered, as follows: 73% is allocated to the public and liquidity providers, ensuring the wide distribution of tokens. 13.5% is allocated to market makers (MM), teams, and early investors. 13.5% is used for community governance activities such as DAO, repurchase, and voting to support the long-term development of the ecosystem. 2. The publishing mechanism USUAL adopts a dynamic supply adjustment mechanism, which is closely related to the growth of the total locked position (TVL) of the platform. As TVL expands, the amount of USUAL minted per unit of TVL will gradually decrease, creating scarcity and increasing token value. When USD0 ++ or other similar Liquid Bond Tokens (LBT) are minted, the corresponding USUAL will be distributed according to the protocol revenue and lock-up amount. This mechanism ensures the long-term binding of tokens to the protocol value by reducing the token publishing volume per $TVL during the protocol growth process, reducing the number of circulating tokens while increasing scarcity. 3. Distribution strategy The distribution of USUAL tokens is highly biased towards the community. 90% of the tokens are allocated to community users, including USD0 ++ holders, liquidity providers (LPs), stakers, and participants in other protocol products. With Habital becoming a multi-asset structure, future token distribution will also cover LBT and LP rewards for other assets, ensuring that all types of users can benefit. 4. Token Utility Agreement revenue sharing: USUAL token holders can enjoy all the revenue from the agreement. Staking rewards and governance: By staking USUAL, users can receive a distribution of 10% of the token supply and participate in protocol governance (such as vault reinvestment decisions). Token burning mechanism: Users can burn USUAL to release the pledged USD0 ++ in advance and increase the circulation value of tokens within the ecosystem. Dynamic supply adjustment: The publishing mechanism adjusts dynamically according to TVL. When TVL grows, the amount of coin publishing decreases, and vice versa, ensuring that token publishing is synchronized with protocol development. V. Team and financing 1. Team members Pierre Person: CEO, former French parliamentarian, promotes cryptocurrency legislation, with extensive industry experience. Hugo Sallé de Chou: Co-founder and Chief Business Officer, responsible for business development. Adli Takkal Bataille: Co-founder, blockchain technology expert. Andrew Lafortezza: Sales Director, focused on market expansion and growth. Allan Floury: Vice President of Product Research & Development. 2. The financing situation April 17, 2024: $7 million, led by IOSG Ventures, Kraken Ventures, and several well-known institutions. November 6, 2024: $1.50 million, led by Comfy Capital and Jed Breed. The project team and financing demonstrate strong industry background and capital support, highlighting the development potential of Habital. VI. Risk Warning 1. Habital involves the publication of fiat stablecoins and the tokenization of real-world assets (RWA), and its operation needs to comply with financial regulatory requirements in various regions. However, the regulatory policies in the stablecoin field are not yet fully clear, and stricter compliance requirements may be introduced in the future, including asset custody transparency, capital reserve requirements, etc., which may have a significant impact on the business model and operation of Habital. 2. The publishing volume of USUAL tokens is pegged to the platform TVL. When TVL grows, the publishing volume decreases, but if TVL decreases due to market conditions or User Churn, the issuance of tokens may exacerbate inflationary pressures, leading to a decline in token value. In addition, this mechanism may not be transparent enough for investors, and there are problems with interpretation and acceptance. VII. Official link Website:https://usual.money/ Twitter:https://x.com/usualmoney Telegram:https://t.me/UsualCommunity
What is Usual (USUAL)? Usual (USUAL) is a multi-chain infrastructure designed to transform the financial landscape by creating a decentralized and secure stablecoin. At its core, Usual aggregates tokenized Real-World Assets (RWAs) from prominent institutions such as BlackRock, Ondo, and Hashnote to create USD0, a permissionless, on-chain stablecoin that is verifiable and composable, giving users the ability to engage with real-world value in a decentralized manner. What sets Usual apart is its focus on redistributing power and ownership. Unlike traditional centralized financial systems where control and profits are concentrated in the hands of a few, Usual aims to provide ownership and governance to the community. Usual’s model challenges the inequities of traditional finance by ensuring that financial power and profits are shared fairly among participants. The system redistributes value and aligns the interests of users with the growth and success of the protocol, in contrast to centralized banking systems that often privatize profits while socializing losses. Who Created Usual (USUAL)? Usual is the product of Usual Labs, a team of driven professionals and visionaries passionate about reshaping the future of decentralized finance. Since its inception in the third quarter of 2022, Usual Labs has worked tirelessly to bring the Usual DAO and its ecosystem to life, blending expertise from traditional finance, cutting-edge DeFi, and the regulatory and political landscapes. The CEO of Usual Labs is Pierre Person, who brings invaluable experience from his background as a former French Member of Parliament. His political insight and leadership are crucial in navigating the complex landscape of decentralized finance and regulation. He is joined by Adli Takkal Bataille, the DeFi OG and Liquid Fund Manager serving as the DEO, and Hugo Sallé de Chou, the COO, a fintech entrepreneur known for his work in P2P payments with Pumpkin. Manfred Tourron, the CTO, is a core contributor to Tendermint and Gnoland/Scaleway, providing technical leadership and innovation. Meanwhile, Pete, the CFO, brings over 10 years of experience in quantitative finance from BNP Paribas, ensuring the financial strategy of Usual is robust and secure. Rounding out the leadership team is Allan Floury, the VP of Product, who has a rich background in building on ecosystems like Cosmos and Starknet, playing a pivotal role in the development and implementation of Usual’s products. What VCs Back Usual (USUAL)? Usual’s vision is supported by a diverse network of angel investors and venture capital firms who share the protocol's commitment to advancing decentralized finance. Over 150 investors have placed their trust in Usual, bringing a wealth of expertise, resources, and credibility to the project. VCs that have invested in Usual are Kraken Ventures, LBank Labs, Axelar, IOSG Ventures, flowdesk, etc. Key investors also include prominent figures from the DeFi and crypto space, such as Michael Egorov, the founder of Curve Finance, and Sam, the founder of Frax Finance. Their backing solidifies Usual's position as a leader in DeFi innovation. Additionally, Charlie, a significant figure in the DefiLlama and Curve ecosystems, has also shown strong support for Usual. How Usual (USUAL) Works Usual’s ecosystem centers around two main products: the USD0 stablecoin and the USUAL governance token. Each asset plays a critical role in how Usual operates and aims to serve its users. Together, these assets form the foundation of Usual’s approach to creating a trustworthy and community-governed financial ecosystem. USD0: A New Kind of Stablecoin USD0, the first Liquid Deposit Token (LDT) offered by Usual, is a fiat-backed stablecoin tied 1:1 to U.S. dollars. Stablecoins are digital assets meant to maintain a stable value, usually by being pegged to a currency like the U.S. dollar. However, unlike some stablecoins, which can sometimes face issues with transparency or security, USD0 is fully backed by Real-World Assets (RWA). This means that each USD0 token is backed by real assets with ultra-short maturities, such as U.S. Treasury Bill tokens, ensuring that it remains stable and secure. USD0’s unique feature is its backing through Treasury Bill tokens, which are safer and more stable compared to other fiat-backed stablecoins that may rely on traditional bank deposits. This approach makes USD0 a “bankruptcy-remote” asset, meaning it is separate from the risks associated with commercial banks. USD0 is also fully transferable and permissionless, making it easy for DeFi users to integrate and use across different platforms. Benefits of USD0 ● Stability and Trust: USD0 avoids risky practices like fractional reserves, meaning that for every USD0 issued, there is an actual dollar-equivalent asset backing it. ● Enhanced Security: By using Treasury Bills instead of bank-based reserves, USD0 reduces the risks associated with traditional fiat-backed stablecoins, which can be vulnerable to issues in the banking sector. ● Unified Liquidity: USD0 brings together different deposits, providing users with a more efficient and accessible way to manage their assets within the DeFi ecosystem. ● Alternative to USDT/USDC: USD0 offers a transparent, decentralized option for users who want more security and less dependence on commercial banking. USUAL: Usual’s Governance Token USUAL is Usual’s governance token, designed to give users a say in the future of the platform. In traditional finance, decisions about products and policies are usually made by a small group of executives or board members. However, Usual aims to put these decisions into the hands of its community members, giving them the power to vote on important issues within the platform. This setup aligns with Usual’s community-centered values and allows users to directly impact the direction of the project. Key Functions of USUAL ● Ownership Rights: USUAL holders have a say in decisions related to the protocol’s infrastructure, collateral policies, treasury management, and revenue distribution. This means users can influence the overall direction and priorities of the Usual platform. ● Staking Rewards: Users who hold USUAL can stake (lock up) their tokens to earn additional USUAL tokens over time. This staking process also unlocks access to exclusive features and services within the platform. ● Value Accrual: USUAL has a deflationary structure, meaning the supply decreases over time through mechanisms like buy-backs. This approach is designed to increase the token’s value and provide long-term benefits to holders. ● Community Distribution: Unlike many tokens where a significant portion goes to insiders or founders, 90% of USUAL is distributed to the community, making it a genuinely community-owned asset. Usual Goes Live on Bitget The introduction of USD0 and USUAL is a game-changer for the DeFi space. Stablecoins are critical to DeFi, serving as a bridge between traditional finance and blockchain-based systems. However, existing stablecoins often face issues like a lack of transparency, over-reliance on traditional banking, and governance centralization. With its focus on security, transparency, and community-driven governance, Usual is setting a new standard for stablecoins and DeFi protocols. Trade USUAL on Bitget to get first-mover advantage from a new model of stablecoin. USUAL on Bitget Pre-Market USUAL is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it! Start time: 14 November, 2024 Bitget Pre-Market offers flexibility in trading activities with two settlement options: ● Coin settlement, which uses a 'cash on delivery' method where a security deposit is forfeited if the seller fails to deliver. ● USDT settlement, a new option where trades are settled in USDT at the average index price at the last minute. To use Bitget Pre-Market, follow these simple steps: ● Step 1: Go to the Bitget Pre-Market page. ● Step 2: ○ For Makers: ■ Choose the desired token and click on ‘Post Order’. ■ Specify Buy or Sell, enter price and quantity, review details, then confirm. ○ For Takers: ■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm. For detailed instructions on how to use Bitget Pre-Market, please read Introducing Bitget Pre-Market: Your Gateway to Early Coin Trading Get USUAL on Bitget Pre-Market now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
12:00-21:00 Keywords: Bhutan Government, Trump, Tether 1. The UK government will formulate plans to regulate stablecoins and collateral services this month; 2. Crypto venture capital firm Portal Ventures has completed a fundraising round with approximately $90 million in oversubscriptions; 3. The Bhutanese government has deposited 367.26 BTC into Binance, worth $33.51 million; 4. Options on BTC and ETH with a nominal value of about $3.96 billion are set to expire tomorrow; 5.Foreign media reports that Trump's social platform Truth Social may merge with Musk's X platform; 6.Altos Ventures' new fund completes a $500 million fundraiser, planning to explore AI, blockchain and other fields; 7.Since Trump won the US presidential election, Tether Treasury has minted an additional 9 billion USDT.
According to official news, the Usual (USUAL) token economics are announced as follows: Total supply is 4 billion, with an initial circulation of 12.37%, of which the total Launchpool is 300,000,000 USUAL (7.5% of the maximum token supply).
Featured News 1.Gulf Countries, Including Saudi Arabia and the UAE, May Have Entered Bitcoin 2.Binance to List Usual (USUAL) on Launchpool and Pre-Market 3.Stablecoin Supply Has Increased by $7.334 Billion Since Trump's Election Victory 4.Musk-Led Department of Government Efficiency (D.O.G.E) Official X Account Now Live 5.Kraken's Strategy Director: Entry of Sovereign Wealth Funds Will Double Cryptocurrency ETF Size to $50 Billion Threads & Tweets List of Meme Coins Tradable on CEXs, @0xRamenUmai Featured Articles 1. "Decoding Binance Launchpool's New Listing Usual: Innovation Combining RWA and Stablecoin" ODaily Star Daily This afternoon, Binance announced that at 18:00 on November 19, Beijing time, the 61st project Usual (USUAL) will be launched on Launchpool, and pre-market trading will begin. Users can stake BNB and FDUSD for mining, with the mining period from 00:00 on November 15 to 8:59 on November 19, 2024. Upon this news, the price of BNB briefly touched $660, currently trading at $648, with a 24-hour increase of over 6%. 2. "Fireside Chat with Solana Co-Founder: Execution Is the Only Moat, Commercialization Is the Key to Success" WOO X Research Bitcoin broke out of a six-month consolidation range on 11/6, rising from $73,000 to $73,000, establishing a potential bottom support level for this round. The current market value of Bitcoin is $1.6 trillion, surpassing Meta last month and ranking ninth globally, just behind silver. Since the approval of a Bitcoin spot ETF in January of this year, Bitcoin is no longer seen as a niche asset but has risen to become a mainstream asset. Fueled by Trump's election, Bitcoin has gained more visibility among the public, and its growth potential can now be compared with other mainstream assets. 3. "Unprecedented Boom, What Other Potential AI Meme Coins Are There?" Lightspeed Anatoly mentioned that one of the reasons he founded Solana was due to frequent front-running in traditional markets. He aimed to achieve global information synchronization through Solana, maximizing competition while minimizing arbitrage. However, in reality, front-running still prevails, and in many cases, the user's paid priority fee even exceeds Solana's priority fee. Top Gainers & Losers Token price movement on November 14, sorted and listed by trading volume Top Gainer 1. $D.O.G.E. 2. $Pepe 3. $Luce Top Loser 1. $AGLD 2. $TROY 3. $RETARDIO On-chain Data On-chain fund flow on November 14
We're thrilled to announce that Bitget will launch Usual (USUAL) in pre-market trading. Users can trade USUAL in advance, before it becomes available for spot trading. Details are as follows: Start time: 14 November, 2024, 12:00 (UTC) End time: TBD Spot Trading time: TBD Delivery Start time: TBD Delivery End time: TBD Pre-market trading link: USUAL/USDT Bitget Pre-Market Introduction Delivery method: Coin settlement, USDT settlement Coin settlement Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient spot balances will be filled with corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be triggered immediately. At the project's delivery end time, the system will either deliver or compensate any remaining undelivered orders. USDT settlement For orders under the USDT Settlement mode, all delivery will be executed at the delivery end time of the project. The delivery time for the pre-market project will be announced once the coin's spot listing time is confirmed. Stay tuned to relevant notifications and announcements for the latest information. Example: The user buys 10 tokens at 10 USDT (the filled order is called Order A) and sells 10 tokens at 15 USDT (the filled order is called Order B). At delivery time, the system calculates the delivery execution price based on the average index price from the last minute. Assuming the execution price is 5 USDT, the calculations are as follows: PnL of Order A = (5 – 10) × 10 = –50 USDT PnL of Order B = (15 – 5) × 10 = 100 USDT The total PnL for the user in pre-market trading is 50 USDT. For USDT settlement, orders are settled at the average index price from the last ten minutes as the delivery execution price, determined by a weighted average of prices at leading exchanges to ensure fairness and transparency. Introduction Usual is an on-chain version of Tether, aggregating Real-World Assets (RWAs) and issuing USD0, an institutional-grade stablecoin. Unlike traditional revenue-sharing models, Usual operates on an innovative ownership-sharing model. The protocol is governed by the USUAL token, which redistributes both value and control to its users. USUAL Total supply: 4,000,000,000 Website | X | Telegram FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? Coin Settlement orders: Sellers can choose to either deliver the tokens or compensate with security deposit before the delivery execution. Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient coin balances will be filled with the corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be trigger immediately.At the delivery end time of the project, the system will settle all remaining orders, either through buy delivery or compensation. If there is a sufficient balance, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account as payment. Otherwise, the transaction will be canceled. In this case, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen security deposit. USDT Settlement orders: All deliveries will be executed at the project's delivery end time. Orders are settled at the average index price over the last ten minutes, which serves as the delivery execution price. Profits and losses are calculated based on the difference between the execution price and the delivery execution price. The losing party will pay the difference to the winning party. Note: 1) The system will execute deliveries in chronological order based on the transaction time of the orders. If you have both buy and sell orders in Coin Settlement mode, the quantities cannot offset each other. Please ensure that your spot account has a sufficient available balance for the sell orders at the time of delivery. Orders with insufficient balance will be treated as the seller's default. 2) For coin settlement orders, only tokens available in your spot account will be used for delivery. Tokens frozen in pending orders or held in other accounts will not be used for delivery. 3) The delivery is expected to be completed within one hour. To mitigate the risk of delivery failure due to insufficient funds, the seller of coin settlement orders should refrain from any transactions involving the delivery currency within 30 minutes after the delivery initiation. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!
Binance is to launch the USUAL token on November 19 with pre-market access. Users can farm USUAL tokens via BNB and FDUSD pools starting November 15. Pre-market access is limited to eligible users with a 40,000 USUAL max holding. Binance introduced its latest token, Usual ( USUAL ), through the Binance Launchpool. The exchange is allowing users to buy USUAL tokens by farming BNB and FDUSD before its pre-market listing on November 19. This is the 61st project launched on Binance Launchpool. USUAL is a decentralized fiat stablecoin issuer designed to enhance Binance’s token ecosystem. With a maximum token supply of 4 billion USUAL, the project will allocate 300 million USUAL tokens for the launch pool reward. The farming period begins on November 15, and pre-market trading will provide early access for eligible users. Binance has warned users about third-party offers of USUAL tokens before the official release date. On November 19, 2024, Binance will begin pre-market trading of the Usual (USUAL) token. The exchange aims to give eligible users early access to this new asset. Users can lock BNB and FDUSD to earn USUAL tokens during the farming period on Binance Launchpool. Tokenomics and Safety Of the total supply of 4 billion USUAL, Binance has allocated 300 million for farming rewards, divided between BNB and FDUSD. The maximum holding cap per user is 40,000 USUAL. Read also: Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto Apart from that, USUAL operates on the Ethereum network, with a circulating supply of nearly 12.37% upon its official listing. Pre-market trading of the USUAL/USDT pair is expected to generate huge interest, and Binance has urged users to avoid unofficial token offers. Further details on the token’s full spot listing will be revealed post-pre-market launch. Overall, Binance’s USUAL launch offers exclusive pre-market access, allowing users an early entry into this promising token. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
On September 4, stablecoin protocol Usual responded to the Penpie hack by stating that its USD0 pool was not affected by the hack.
NDV co-founder Christian posted that he had just provided $6.5 million in liquidity to the stablecoin protocol Usual's vault on Morpho.
Stablecoin protocol Usual has announced that it is now live on Pendle, making it the second stablecoin on the protocol. On Pendle, users can earn additional Usual Pills and enjoy Boost Catchup for as long as they stay on Pendle or other Usual products. USD0++ YT: Earn 3 Usual Pills/day per YT; 3 Usual Pills/day per 1 USD0++ offered in LP; PT. No Usual Pills will be awarded, but stay within Pendle or other popular products and still benefit from the Boost Catchup and final Boost multiplier.
A project named Usual Money has officially announced its public mainnet, launching a stablecoin called usd (USD0). The plan aims to provide a decentralized alternative for traditional fiat-backed stablecoins. According to statistics from defillama.com, as of July 14th, the total value locked (TVL) in the USD0 protocol is $90.78 million.
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