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USUALx

USUALx

usualx

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USUALx is a core component of the Usual Protocol, an innovative Decentralized Finance (DeFi) project built on the Ethereum Ecosystem that aims to redefine stablecoin economics. The protocol issues USD...Read More

Market Cap

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24h Trading Vol

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All Time High

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All Time Low

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Total Supply

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Max Supply

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Circulating Supply

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Categories

Decentralized Finance (DeFi)

Chains

Ethereum logoEthereum

Contracts

Chain Icon0x06b9...4b8e

Where to Buy:

Uniswap V3 (Ethereum)
Uniswap V4 (Ethereum)

FAQs

How does USUALx differ from traditional governance tokens?

USUALx transcends conventional governance tokens by combining voting rights with direct revenue participation. Unlike standard governance tokens, USUALx holders receive up to 100% of protocol revenue weekly through the Revenue Switch mechanism. This includes treasury bill yields and protocol fees. Additionally, USUALx enables auto compounding rewards without locking periods and provides weighted governance power that increases with staking duration. The token's design creates economic alignment where governance participation directly correlates with revenue generation.

What security measures protect USD0's peg stability?

USD0 employs a multi layered stabilization framework: 1) 1:1 collateralization by tokenized US Treasury Bills with Chainlink proof-of-reserve verification, 2) Primary Stability Module isolating user assets from protocol risk, 3) USD0++ redemption mechanism creating arbitrage opportunities during depegs, 4) Stability Loans offering fixed rate borrowing during depeg events, 5) Federal Reserve rate-based floor pricing for USD0++. These mechanisms collectively maintain the stablecoin's integrity without relying on traditional banking systems.

How does the protocol ensure fair token distribution?

Usual implements a community centric distribution model where 90% of tokens allocate to users through value-contribution mechanisms. The disinflationary emission model decreases new token creation as TVL grows. Distribution occurs through: 1) USD0++ holdings (45% allocation); 2) Liquidity provision incentives (15% across pools), 3) Immutable rights for stakers (20% to USUALx/USUAL*), 4) A 7.5% airdrop to early participants. The model prevents VC dumping through vesting schedules and community controlled treasury allocation.

What technical advantages does Chainlink integration provide?

Chainlink integration resolves three core challenges: 1) Data integrity through decentralized price feeds aggregating premium sources, 2) Cross-chain liquidity via CCIP's level-5 security for asset transfers, 3) Unified data synchronization across chains maintaining golden records. For USUAL, this enables secure cross-chain transfers using burn and mint mechanics without token contract modifications. For USD0, it provides real time reserve audits and volume weighted pricing resistant to market manipulation. The architecture significantly exceeds typical oracle implementations through Chainlink's risk management network.

How does the redemption mechanism enhance tokenomics?

The USD0++ redemption system creates deflationary pressure on USUAL supply through three mechanisms: 1) Users returning USUAL tokens for early redemption triggers token burning, 2) Returned tokens distribute to long term stakers (USUALx/USUAL*), 3) Redemption costs scale with protocol wide activity, creating dynamic equilibrium. This design simultaneously disincentivizes premature unstaking while increasing scarcity for active participants. The system's time-weighted parameters further reward extended commitment, aligning individual behavior with protocol health.

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