GM Usual Community!
We're thrilled to share our progress as we approach the Token Generation Event (TGE) – a pivotal moment for Usual Protocol. In an era where centralized stablecoin issuers dominate profitability, we're pioneering a user-centric model that redistributes value back to our community.
Our Achievements (July–September 2024)
Despite bear market challenges, Usual has emerged as a Top 15 stablecoin by TVL ($225M) with remarkable milestones:
- Fastest-growing fiat-backed stablecoin on Ethereum
- $10M projected annual revenue (Top 40 crypto project profitability)
- $1.18B trading volume (5th among fiat-backed stablecoins)
2 fiat-backed stablecoin pool on Curve by TVL
- Leading fixed-yield vault on Pendle with secondary liquidity position
- Largest USDC vault on Morpho ($50M+ deposits)
Roadmap Highlights
1. Upcoming TGE Features (November 2024)
- $USUAL Token Distribution: 90% community allocation with anti-dilution safeguards
- Staking Module: Convert $USUAL to $USUALx for governance rights + 10% future issuance
- Airdrop Details: 7.5% supply allocated to Pills campaign participants
- USD0++ Redemption: 1:1 redeem guarantee during TGE
2. Q1 2025 Development Pipeline
- Decentralized Governance: $USUAL holders control risk policies/new synthetics
- Liquidity Gauges: Community-directed incentive mechanisms
- Treasury Management: Revenue allocation voting rights
- Collateral Expansion: Hashnote $USYC integration + future community decisions
USD0++: The Collateral Powerhouse
This staked version of USD0 enables:
- DAO cash flow sustainability
- Fair $USUAL distribution
- Future use as prime collateral across DeFi/CeFi
- Daily $USUAL yield claims post-TGE
Strategic Integrations
Cross-Chain Expansion
- October 2024: Full EVM-chain compatibility for USD0/USD0++
- November 2024: Major exchange listings announcement
Partnership Pipeline
- TradFi/RWA collaborations to diversify collateral
- New synthetics development for Q2 2025 launch
FAQ: Your Top Questions Answered
👉 How does $USUAL staking work?
Staking converts tokens to $USUALx, granting governance rights plus 10% of future issuance. This incentivizes long-term protocol alignment.
👉 What makes USD0 safer than USDC?
USD0 avoids fractional reserve risks through transparent, real-time verifiable collateral with built-in insurance mechanisms.
👉 [When will the airdrop occur?]
Distribution begins mid-November 2024, with details released early October based on Pills holdings.
👉 [Can I unstake USD0++ immediately?]
Post-TGE, an unbonding period will ensure liquidity stability while allowing redemptions.
Why This Matters
Usual Protocol represents a fundamental shift in stablecoin design – combining institutional-grade safeguards with decentralized community governance. Our roadmap delivers:
- Value Redistribution: Profit-sharing via tokenomics
- Collateral Innovation: Hybrid traditional/crypto backing
- Composability: Cross-chain DeFi integration
As we build toward Q1 2025 features, we invite you to join this movement toward a more equitable financial future. Stay tuned for our October updates!