Usual ($USUAL) token will be listed on KuCoin Exchange pair with USUAL/USDT on 18th December 2024, At 11:00 (UTC).
Usual is a decentralized issuer of fiat-backed stablecoins, driven by its native token, $USUAL. This token serves both as a utility and governance tool within the platform, offering a range of key functionalities. Through $USUAL, token holders can actively participate in governance, influencing the protocol and making important decisions regarding financial strategies.The issuance of $USUAL follows a disinflationary model, where new tokens are minted based on the Total Value Locked (TVL) in USD0 (USD0++), promoting scarcity as more assets are staked into the system. This aligns token issuance with future cash flows, ensuring that the growth of revenue and the treasury outpaces inflation in the $USUAL supply.Staking $USUAL provides additional incentives, granting holders governance rights and rewarding them with 10% of newly issued tokens. This staking mechanism promotes long-term engagement with the protocol. A gauge mechanism optimizes liquidity distribution, enhancing the efficiency of the system, while collateral management allows governance to control the types and weights of collateral behind USD0, ensuring stability.Furthermore, $USUAL holders are empowered to manage the treasury and optimize its growth. Through decentralized governance and built-in mechanics, the protocol maximizes the compounding effect, creating a robust and sustainable ecosystem. Usual’s model combines decentralized governance, strategic token issuance, and efficient treasury management to build a flexible, stable, and user-centric financial protocol.