Contents:

What is $USUAL?

By:
Nik Maz
| Editor:
|
Updated:
February 7, 2025
|
4 min read

The USUAL Protocol is a comprehensive ecosystem designed to provide a balanced mixture of growth and yield opportunities. At the heart of this protocol is the USUAL governance token, a pivotal element ensuring transparency, sustainability, and user participation.

Introduction to USUAL Governance Token

The USUAL governance token is designed to represent ownership of the protocol's entire revenue. It is backed by tangible cash flows, rewarding its holders with both yield and growth prospects. This dual purpose aligns users' incentives with the broader ecosystem of the USD0 stablecoin, fostering an inclusive and expansive network.

Key features of the USUAL governance token include:

  • Revenue Share: USUAL holders receive a share of the protocol's revenue, ensuring tangible benefits.
  • Governance Participation: Holders can vote on protocol decisions, contributing to its evolution.
  • Staking Rewards: Users can stake USUAL tokens to earn additional benefits, encouraging long-term holding and ecosystem engagement.

Token Emission and Revenue Growth

The USUAL governance token operates on a unique issuance model, tailored to ensure sustainable growth. Token emissions are strategically managed to remain below the protocol’s revenue growth, preserving long-term value and preventing inflationary pressures.The following table outlines the emission and revenue model:

  • Revenue-Based Minting:
    Token emissions are tied to the protocol's revenue increase.
  • Emission Control:
    Emissions always stay below revenue growth.
  • Adaptive Rate:
    Minting rate adapts to market conditions.
  • Real Cash Flows:
    Backing of real-world assets and revenue streams.

This thoughtful design ensures that the expansion of the USUAL governance token supply is directly correlated with the protocol’s success and revenue growth. By doing so, it provides a stable and attractive investment vehicle for those looking to participate in the governance and growth of the Usual ecosystem.

USUAL Distribution Details

Community-Centric Token Allocation

The USUAL protocol prides itself on a community-driven approach to token allocation. In a bid to foster decentralization and community involvement, 90% of the USUAL tokens are distributed directly to the community. Only 10% are reserved for insiders like the team and investors. This distribution strategy underscores the commitment to a distributed network where the community holds the majority stake.

Funding and Investment Confidence

Usual Crypto has garnered significant interest and support from renowned investors, raising $7 million in a funding round. This funding was led by prominent investors such as Kraken Ventures and IOSG Ventures. Such a substantial financial backing highlights the confidence these investors have in Usual Crypto's vision. It also provides the necessary resources to bolster the protocol's growth and development.

The strategic allocation of tokens and backing by credible investors signal a promising future for Usual Crypto. The emphasis on community involvement and financial support from high-profile investors play a crucial role in elevating the protocol's credibility and potential within the cryptocurrency space.

Inclusive Financial System Goals

Usual Crypto founders have set their sights on creating a more inclusive financial system where everyone is empowered. The primary goal is to ensure that every participant has a voice and stake in the future of finance.

The Usual Protocol is designed to be accessible, promoting economic inclusivity by integrating mechanisms that allow individuals from diverse backgrounds to participate in decision-making processes. This approach seeks to mitigate the barriers often encountered in traditional financial systems, offering a platform where inclusivity is the cornerstone.

Economic Inclusivity and Fair Economy

Economic inclusivity lies at the heart of Usual Crypto's mission. The aim is to offer a fair economy where more individuals can engage and benefit from financial opportunities. This is achieved through a structured token allocation that prioritizes community involvement and broad-based participation.

Usual Protocol addresses common issues faced by traditional stablecoin providers, such as revenue centralization, limited accessibility, and lack of transparency. By introducing a decentralized financial system, Usual Crypto focuses on democratizing access to real-world assets, ensuring a fair distribution of wealth and opportunities.

In conclusion, the vision of Usual Crypto revolves around creating an inclusive financial system that fosters economic inclusivity and a fair economy. By addressing the limitations of traditional stablecoin providers through a decentralized approach, Usual Crypto ensures that more people have the opportunity to participate and thrive in the financial ecosystem.

Usual Protocol Features

USD0 Stablecoin and USUAL Governance Token

The Usual Protocol ecosystem consists of two primary tokens: USD0 and USUAL. These tokens play crucial roles in the functionality and governance of the protocol.

USD0 Stablecoin

The USD0 stablecoin is designed to provide stability and transparency. It is backed by real-world assets, ensuring that its value remains stable and trustworthy. The issuance of USD0 is permissionless, meaning that anyone can mint this stablecoin as long as they provide the required collateral. So it’s a kinda twist on a well-known USDT

USUAL Governance Token

The USUAL token is the governance token of the Usual Protocol. This token empowers users by allowing them to participate in the decision-making and development of the protocol. Stakeholders can propose and vote on important changes, ensuring a decentralized and community-driven approach. Additionally, USUAL tokens are used to reward users, encouraging active participation within the ecosystem.

Transparency and Decentralization Efforts

The Usual Protocol addresses several issues that traditional stablecoin providers often face, such as revenue centralization, limited accessibility, and lack of transparency. By focusing on a decentralized financial system, Usual Protocol aims to democratize access to financial services and real-world assets.

Transparency

Transparency is a core value of the Usual Protocol. The collateral backing the USD0 stablecoin is verifiable through public audits, providing users with confidence in its stability and integrity. This transparent approach helps in building trust among users and investors.

Decentralization

The Usual Protocol's decentralized structure ensures that the control and benefits are not concentrated in the hands of a few but are distributed across the community. By utilizing a community-driven token and permissionless architecture, Usual Protocol fosters a robust and inclusive financial ecosystem.

The combination of a stablecoin mechanism, community-driven governance, and transparent collateral backing makes the Usual Protocol a significant player in the decentralized finance landscape.

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