UsualPrice

(USUAL)

Usual is a decentralized protocol that issues USD0, a fiat-backed stablecoin collateralized 1:1 by Real-World Assets (RWAs) such as US Treasury Bills. Its core mission is to redistribute the profits typically retained by centralized stablecoin issuers back to its community. This innovative approach aims to provide a more transparent and community-owned alternative in the stablecoin market, offering stability while empowering users with a share of its revenue.

Usual's USD0 differs significantly. Unlike traditional stablecoins often backed by bank deposits, USD0 is collateralized by short-term, highly liquid Real-World Assets like US Treasury Bills, making it "bankruptcy-remote." Crucially, Usual distinguishes itself by sharing the interest earned on its reserves with the community through the USUAL token, whereas centralized issuers typically retain 100% of these profits. This model offers greater transparency and community ownership, shifting the paradigm of stablecoin economics.

These are the three core tokens in the Usual ecosystem. USD0 is the base stablecoin, pegged 1:1 to the US Dollar, backed by RWAs. USD0++ (or bUSD0) is a "Liquid Staking" version of USD0; users lock USD0 to receive USD0++, which then earns rewards in USUAL tokens. USUAL is the protocol's governance token, representing ownership of the protocol’s revenue and granting holders the right to vote on key decisions, driving its decentralized nature and community-centric model.

The USUAL token is fundamentally linked to the protocol's cash flow. A significant portion, specifically 90%, of the protocol’s revenue is redistributed to the community, directly contributing to the token's intrinsic value. The token's issuance mechanism is carefully designed to ensure its emission rate remains below the growth rate of the protocol's revenue. This strategic approach helps prevent inflationary pressure on the token, aiming for its value to appreciate as the protocol's financial performance improves and its economic activity expands, making it a truly revenue-backed asset for its holders.

There are several ways to earn USUAL tokens within the ecosystem. You can earn them by converting your USD0 into USD0++, effectively staking your stablecoin and receiving USUAL as a reward. Another method is to provide liquidity to USD0 or USUAL pools on decentralized exchanges (DEXs), contributing to the market's stability and earning rewards for your participation. Furthermore, engaging in governance staking through USUALx allows you to earn USUAL tokens while actively participating in the protocol's decision-making process, aligning incentives with long-term protocol health.

Yes, the Usual protocol prioritizes security and has undergone rigorous scrutiny. It has successfully completed multiple comprehensive security audits by reputable firms in the blockchain industry. These include independent evaluations by Paladin, Halborn, and Spearbit, ensuring the protocol's smart contracts and overall architecture are robust against potential vulnerabilities. These audits are crucial for maintaining user trust and safeguarding the integrity of the collateralized Real-World Assets and the stablecoin operations, providing assurance to all participants in the Usual ecosystem.