#
๐ฌใgeneral
Join the general discussion about Usual. Exchange ideas, ask questions, and share your thoughts on the underlying technology, use cases, market trends, and more. No price talks here!Page 11 of 74
Hi guys ive stacked usual like 2 weeks ago and the total value is same as first day
Am I missing something
yasiaforever81
You have usualx in your dash, when you withdraw you will see increased amount of usual
Noรฉ
sure
Arjun
can i ask one thing @Noรฉ
Hi guys ive stacked usual like 2 weeks ago and the total value is same as first day
Am I missing something
Mava (AI Support)
When you stake USUAL, you receive USUALx, which acts like a vault-share. The amount of USUALx remains constant, but over time, you're able to withdraw more USUAL with them. The rewards are reflected directly in the value of USUALx, not as 'Pending Rewards'. To see your rewards, simulate an unstake to view the withdrawal amount, which will include your rewards minus a 10% unstaking fee.
Mava AI Beta
amio
Hi guys ive stacked usual like 2 weeks ago and the total value is same as first day Am I missing something
Noรฉ
check the pinned messages
$USUAL is constantly minted
Hello Usual team and happy new year to you. On binance there is an announcement of 494.6 million tokens in circulation, we are all asking ourselves the same question.
Will there be a pause for new tokens in circulation until March or not at all? And are we going to exceed this limit?Noรฉ
1) What
Noรฉ
We'll soon be doing a 1:1 swap mechanism between USD0, USDe and USDtb
Mowgli
Hello Usual team and happy new year to you. On binance there is an announcement of 494.6 million tokens in circulation, we are all asking ourselves the same question. Will there be a pause for new tokens in circulation until March or not at all? And are we going to exceed this limit?
le nam
thank you very much
gintruxx
Now I would have to swap USDe to other token and lose on exchange rate just to make estimation.
@Noรฉ would you consider to add USDe to the swap panel?
yasiaforever81
stake them bruh
Noรฉ
I'm not sure to understand: when the swap amount is relatively low and/or when secondary market is well balanced, there is no need to go through the primary market. On the other hand, if the amount is very high and/or if the secondary market in unbalanced, you're automatically routed through the primary market.
le nam
can you answer
Mava (AI Support)
To swap your USUAL to USUALx, you need to stake your USUAL tokens. When you stake USUAL, it is converted into USUALx, which acts like a vault share representing your share of the vault and rewards.
Mava AI Beta
punk(3x3)๐ฌ
How do I swap my usual to usualx
When the swap amount is high and needs to be done through the primary market because of price impact on the secondary sirgintruxx
so normies like us don't have access to that? only CEX?
if swapping on web panel is done through pools, when is USD0 minted/burnt to maintain 1:1 with value of collateral locked?Noรฉ
When the swap amount is high and needs to be done through the primary market because of price impact on the secondary sir
Our dApp only gives a quote if you have the required amount in your balance - but you can try directly on Curve or ParaSwap for examplegintruxx
if swapping on web panel is done through pools, when is USD0 minted/burnt to maintain 1:1 with value of collateral locked?
Mava (AI Support)
The 1:1 redeem mechanism from USD0++ to USD0 is available during the TGE. However, the specific time when this mechanism will be disabled has not been detailed in the documentation. It is likely to be announced closer to or during the TGE event.
Mava AI Beta
Noรฉ
# ๐ฃใannouncements
gintruxx
@Noรฉ why can't I estimate swap without balance.
is this going to swap exactly at 1:1 exchange rate or the market rate in pools, which is slightly off?Mava (AI Support)
The swap will occur at the market rate in pools, which may be slightly off from a 1:1 exchange rate. However, USD0 is designed to maintain a solid peg, and the pools are deeply liquid to minimize slippage.
Mava AI BetaMava (AI Support)
When the fee switch begins, the DAO will redirect the treasury accrued from interest earned on USD0 collateral as dividends to USUALx holders. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Beta
chrisgm3773
no bribe this week?
Lucky Boy
Please say the safe word so i can stop selling
le nam
@Noรฉ What's happening on January 7th? What policy is there to make usual increase in price and retain investors?
Tokens are available on arb but liquidity is low and there's no native functions (mint, stake etc)
Saddam/Orochi Network
01/01/2025 at 04:42:55 ESTQ1 means till March end?
DAVID
So probably in Jan?
Noรฉ
that's planned for Q1
Noรฉ
Tokens are available on arb but liquidity is low and there's no native functions (mint, stake etc)
DAVID
Sir usual are on arb network?
yurchik_88
Happy New Year, can I collect my gelxe rewards? @Noรฉ
Saddam/Orochi Network
01/01/2025 at 04:35:21 ESTOk thanks i don't no about sorry sir
Saddam/Orochi Network
01/01/2025 at 04:34:46 ESTOk please sent me
Noรฉ
# ๐คใtroubleshooting will guide you sir
FDS_UDITYA_KUMAR
I staked usual Where can I check rewards generated from those
Noรฉ
I already answered you, probably january
Noรฉ
Stop spamming bro, you've been spamming in tickets, here etc
Saddam/Orochi Network
01/01/2025 at 04:34:06 ESTWhen gelxe Claim available when ?
basedscarf
dividend
Lord Punterino
Current model does not have direct rev share. Its based on EPS
basedscarf
usualX
Lucky Boy
Its a butplug but its reversed plug is in the inside
Nomad
How much additional apy usualx gets for the fee switch
Fatahilla M
No hope
Mava (AI Support)
Revenue sharing in Usual is managed through the protocol's treasury, which is controlled by the DAO. The revenue accumulated in the treasury can be used for revenue-sharing with USUAL token holders through DAO proposals. This ensures that the community has a say in how the revenue is distributed.
Mava AI BetaLord Punterino
How is revshare done from announcement
Fatahilla M
Yeah,
Lucky Boy
Its a reverse buttplug situation. Neutral
Ecamo
Nvm
meowderator
Hey
bullish on revenue sharing, bullish on Usual
@Mava (AI Support) After fee switch, current USUALx stakers will get their current APY + additional rewards from fee switch?Mava (AI Support)
Yes, after the fee switch is activated, current USUALx stakers will continue to receive their current APY and will also receive additional rewards from the fee switch. This mechanism will redirect the treasury accrued from interest earned on USD0 collateral as dividends to USUALx holders.
Mava AI Betaultra
@Mava (AI Support) After fee switch, current USUALx stakers will get their current APY + additional rewards from fee switch?
shahrukh
for rewards, should I unstake USUALx in USD0, USUAL, or USD0++?
Bercianos
Thanks @Mava (AI Support)
Mava (AI Support)
In the context of Usual, revenue is generated through the collaterals backing the stablecoin USD0. These collaterals, such as tokenized U.S. Treasury bills, accumulate in the DAO's Treasury, increasing the earnings per token and scarcity of $USUAL.
Mava AI BetaBercianos
@Mava (AI Support) what is revenue?
And what represent Revenue value ?
Mava (AI Support)
Usual's exposure to interest rates primarily affects the value of its collateral, which consists of tokenized US bonds and money market funds. When interest rates rise, the value of these fixed-income securities typically decreases, potentially leading to capital losses if they need to be sold before maturity. Usual manages this risk by using short-term maturities and employing 'duration' as a metric to measure expected price fluctuations due to interest rate changes. Reference: 1
Mava AI BetaBercianos
And what represent Revenue value ?
Lucky Boy
@Mava (AI Support) usuals exposure to rates
Bercianos
So if I understand it right, TVL are simply all USD0 and USD0++ in circulation ?
Mava (AI Support)
The Total Value Locked (TVL) in Usual's protocol can be influenced by several factors. An increase in TVL generally indicates more assets are being staked or locked in the protocol, which can be driven by attractive yields, increased trust in the protocol, or broader adoption of the stablecoin USD0. Conversely, a decrease in TVL might occur due to market volatility, users withdrawing assets for other opportunities, or a decrease in yield attractiveness. The TVL directly impacts the revenue generated by the protocol, which in turn affects the emission of USUAL tokens. References: 1
Mava AI BetaBercianos
What influence increase or decrease of TVL
Mava (AI Support)
The Total Value Locked (TVL) includes the total supply of USD0, which is public and on-chain. It represents the value of assets locked within the protocol, including tokenized Real-World Assets (RWAs) like U.S. Treasury bills backing the stablecoin USD0.
Mava AI BetaBercianos
@Mava (AI Support) what is included in TVL value ? All USD0 and Usuals owned by someone ?
Mava (AI Support)
Yes, USD0 is backed 1:1 by Real-World Assets (RWAs), which are represented as USYC tokens. This ensures that every USD0 in circulation is fully collateralized by USYC, providing stability and security. References: 1
Mava AI Beta
guaiguainv
Is USYC and usd0 a 1:1 rigid exchange?
hell0men
What part of docs or whitepaper is it?
10% penalty is pretty punchy if you've staked for a decent amount of time. The 10% penalty could be waived if someone has staked > x monthshammer
10% penalty is pretty punchy if you've staked for a decent amount of time. The 10% penalty could be waived if someone has staked > x months
Zezzy
It encourages long term holders. Not trading
But if the route switches to second market, you don't need to pay that fee.
hammer
Oh wow!
Zezzy
10% of your total Usual staking.
hammer
10% of your rewards I assume? Not 10% of your staked amount
Mava (AI Support)
The dividend from the fee switch will be distributed to USUALx holders through a revenue switch mechanism. The DAO accrues treasury from interest earned on USD0 collateral, and when the revenue switch is activated, this treasury will be redirected as dividends to USUALx holders. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Beta
SY
How wiil the dividend from fee switch be distibuted to usual x?
Casseluxxi
Fvck u scamer
i searched by cmc
Zezzy
No cool down. But you will pay 10% fee for protocol
So I convert my usual to usualx to get rewards. How long does it take to convert my usualx back to usual?hammer
Anyone know if there's a cool down period for converting usualx back to usual?
Mava (AI Support)
The 'fee switch' refers to a mechanism where the DAO (Decentralized Autonomous Organization) can redirect the treasury accrued from interest earned on USD0 collateral as dividends to USUALx holders. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Beta
imemyself ๐คก
what is fee switch means?
So I convert my usual to usualx to get rewards. How long does it take to convert my usualx back to usual?yasiaforever81
Happy new year guys! it should not take too long!
Mava (AI Support)
The frequency of receiving unstaking fee rewards is not specified in the available documentation. It's best to check the platform's UI for updates or changes regarding rewards.
Mava AI Beta
Nanobro
Do we get unstaking fee reward everyday
Casseluxxi
whats usualโs token address?
Lucky Boy
Double top
Gunner funk
What's today's fud
Mava (AI Support)
USD0 tokens can be purchased on the secondary market, initially available on decentralized exchanges (DEXs) and soon to be listed on centralized exchanges (CEXs). Reference: 1
Mava AI Beta
JACH
Where can i buy USD0+?
hammer
So I convert my usual to usualx to get rewards. How long does it take to convert my usualx back to usual?
Mava (AI Support)
To earn rewards, you need to hold USD0++. Then, at TGE, you will be able to stake those $USUAL rewards into $USUALx, which gives you an immutable right to 10% of the emission of new $USUAL tokens, among other rewards.
Mava AI Betahammer
Hi all, am I required to lock my usual to receive revenue share?
Nanobro
How is the fee distributed? Daily or monthly something?
RIZKI
01/01/2025 at 02:06:23 ESThey yo 2025
SatoshiXXX
There are many people complaining when btc drop 70%++ just last year
This so called revenue switch projected apy on the app does this comes on top of the Usualx current Apy and would it be claimable ones on?Mava (AI Support)
The revenue switch mechanism is designed to redirect treasury as dividends to USUALx holders, which would be in addition to the current APY from USUALx. Once activated, these dividends would be claimable by USUALx holders.
Mava AI BetaGeorgi
This so called revenue switch projected apy on the app does this comes on top of the Usualx current Apy and would it be claimable ones on?
Trader lost money nothing new bro.
How u lost money if u just stake usd0++ and earn usual
d moneyzz
When is the Update coming?
Is the website coming with an Update, to easier see How much usual you have earned from staking UsualX?d moneyzz
Is the website coming with an Update, to easier see How much usual you have earned from staking UsualX?
Einzig
any details about revenue switch?
hb77
what happend to glae points? about 2 weeks after completing forms
BingChilling
Trader lost money nothing new bro. How u lost money if u just stake usd0++ and earn usual
Saitama
01/01/2025 at 01:20:29 ESTIt often happens in this world
It seems that there are people upset, they must have lost money๐
Saitama
01/01/2025 at 01:19:14 ESTSearch for square related to usual, there are several comments, not just 1 ๐
VucVuc รhoGolpe
How is distributed the fee from unstake usual in percentage in the project?
Mava (AI Support)
Not all of the fees are distributed to the staking USUAL pool. Specifically, one-third (approximately 33.33%) of all USUAL used to pay system fees is allocated as rewards for USUALx holders. This includes fees such as unstaking fees for USUALx and early redemption fees for USD0++.
Mava AI BetaVucVuc รhoGolpe
All of the the fee is distributed for the staking usual pool?
Mava (AI Support)
When someone unstakes USUAL, the 10% unstaking fee is distributed to those who remain staking. This means you benefit from the fees collected, but the exact percentage you receive depends on your share of the total staked amount.
Mava AI BetaVucVuc รhoGolpe
How much i got in percentage when someone unstake usual?
VucVuc รhoGolpe
The usualx from earning is sending each day to my wallet?
When i stake usual the reward is automatic aplied in the stake or i need stake the earning value each day?VucVuc รhoGolpe
When i stake usual the reward is automatic aplied in the stake or i need stake the earning value each day?
VucVuc รhoGolpe
When i stake usual i earn usualx or usual?
Mava (AI Support)
To see how much you have earned from staking USUAL, you can simulate an unstake. The withdrawal amount will include your rewards, minus a 10% unstaking fee. Essentially, your vault share increases in worth over time, allowing you to withdraw more than you initially deposited.
Mava AI BetaVucVuc รhoGolpe
How can i see how much i earned from stake usual?
Mava (AI Support)
The Pills Campaign has ended, so it's no longer possible to join. However, you can earn direct yield in $USUAL by holding USD0++. If you have any other questions, feel free to ask! References: 1
Mava AI Beta
Usual
EMENIKE
01/01/2025 at 00:51:53 ESTIs there a documentation on how to join the Pills campaign? Please can someone help me out here? Thank you
Mava (AI Support)
To join the UsualDAO program, you can start by participating in the Pills Campaign. This involves holding USD0++ tokens. You can earn these tokens by staking USD0 or acquiring them on the secondary market. Additionally, you can engage with the community and explore opportunities for earning pills, which can be exchanged for USUAL tokens. References: 1,2
Mava AI BetaEMENIKE
01/01/2025 at 00:43:11 ESTHow can I join this event-usualdao program I'm new here
Mava (AI Support)
The fee switch refers to a mechanism where the DAO (Decentralized Autonomous Organization) accrues treasury from interest earned on USD0 collateral. This treasury, while currently undistributed, can be redirected as dividends to USUALx holders through a revenue switch mechanism. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Beta
CukoldBlocker
@Mava (AI Support) what is fee switch?
Usual
From Mr Lin:
> Once fee switch is on, usual stakers will receive constant and increasing yields flowing from the treasury
Assuming fee switch is referring to revenue switch, it means the protocol revenue will be distributed to usualx stakers
youdi
Any preview on how revenue switch rewards distributed ? New tokens ? Usual* ?
Fighting For My Life
Gm world
Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. The rewards are auto-compounded, meaning they are automatically added to your USUALx position. If you notice a decrease, it might be due to fluctuations in the protocol's performance indicators or adjustments in the daily distribution mechanism.
Mava AI Beta
Kingston
why sometimes my usualx reward like decrease each day? or no compounding
Mava (AI Support)
Yes, changes to the fee switch can impact the APY of USUALx. The APY is influenced by several factors, including the allocation of USUAL-denominated fees. If the fee switch mechanism is adjusted, it could affect the distribution of rewards to USUALx holders, potentially reducing the APY.
Mava AI Beta
aizen.eth
is there risk to apy of usualx reduce with change to fee switch?
Lucky Boy
Obvously you are ignorant the longest is 120 days to 1 year
Gunner funk
Binance square link please
dang, im waiting on a deposit to go through... hopefully will still be below 1 by then hahaGunner funk
Don't worry we will keep it there
Lucky Boy
You 10g's are mine
French always capitulate in war
LN123321
They dream of becoming millionaires with a $200โ$300 investment overnight
Lucky Boy
Triple top
LN123321
lol
on binance their long-term investment is 1 or 2 weeks
:))
Saitama
12/31/2024 at 23:16:22 ESTI came to gossip, on binance square they say that this coin is crap and others say that it is the best project of 2025! Which of the two is it? ๐
Happy New Year! ๐
mrxoan91
Why mute telegram group ?
krypt0man1ac
๐ฅ
JACH
They send it at a very good Time. Price is going up.
LN123321
lol
me too
KubzThe14Th
dang, im waiting on a deposit to go through... hopefully will still be below 1 by then haha
LN123321
new camry look nice
ArunKumar
12/31/2024 at 22:40:59 ESTJi
From Mr Lin:
> Once fee switch is on, usual stakers will receive constant and increasing yields flowing from the treasury
Assuming fee switch is referring to revenue switch, it means the protocol revenue will be distributed to usualx stakerskrypt0man1ac
Thank you!
KubzThe14Th
nvm just caught up previous chat
KubzThe14Th
do we need to keep USUAL hanging around or can/should stake them
Agildata1
Anyone have good youtube videos that talks about this project
i am reading white paper: USUAL token is the governance token, we stake it and earn more USUAL. How is the price of USUAL tied to the TVL?
treebeard
Read the message above yours lol
oki
cooking
Agildata1
what does it mean by "fee switch era"
happy new year friends
Lucky Boy
Double top
KubzThe14Th
what s the crypto consensus on the trumpening?
Mava (AI Support)
When you swap USD0 to USDC, the fee is determined by the market price on the exchange you use. There is no specific fee mentioned for swapping USD0 to USDC, as it depends on the platform's trading fees and market conditions.
Mava AI BetaLucky Boy
@Mava (AI Support) how much fee i pay when i swap usd0 to usdc?
Gunner funk
Trumppening
Peg re-established
krypt0man1ac
Someone knows about what's happening on January 7th?
Lucky Boy
@Mava (AI Support) usual revenue switch?
krypt0man1ac
Can you explain please?
St3lok
Cope more, lowbank
Dean - Founder GameonForge
60k$ is not least money ๐
St3lok
I love how people with least money invested are the loudest๐
famousfxck
Please stop reading binance square
famousfxck
It has already reached more than that
Vagabond99
How will it impact on the price?
Vagabond99
Plz elaborate it
srgabriiel_
When you reach 494.6M tokens in circulation, will you stop dumping tokens?
ninhdao2020
FDUSD, PYUSD, or USDe
This morning (07:00 AM UTC), the Usual protocol experienced a massive USD0 sell-off triggered by a single whaleโs trade on the secondary market, which raised doubts about the USD0 peg. USD0 briefly dipped to $0.99 before re-pegging to $1 within a few seconds, initially with some bps deviation due to constant sell-offs, and then fully re-pegging after a few hours. Strong peg over time Historically, the USD0 peg has remained one of the strongest on the market, which can be verified by anyone. FDUSD, PYUSD, or USDe often trade a few bps below their $1 peg more frequently than USD0.
zxcasd2912
Lets goo buy now
ninhdao2020
7/1 may be they list on cex usdo
Imagine getting a piece of this bro
They gonna cook again like crazy
famousfxck
Yep team will be back tomorrow
treebeard
Quicker than I was expecting
famousfxck
We have 263M$ 4 year revenue
https://x.com/usualmoney/status/1874273040886096125?s=46
The fee switch era begins\. 2025 marks a turning point for DeFi: real value, real distribution\. Get your USUAL ready for January 7th\. A new year, a new standard\. Letโs make 2025 the year of USUAL\.
 on X_.a4bb8a52-b82d-45e9-b381-f59e774d5f8a.jpeg)
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Twitter โข 12/31/2024 20:54:49 EST๐ฅ
7
๐
6
โค๏ธ
1
๐ซก
1
treebeard
_treebeard_
JohnJL2018
johnjl18
Mr. Lin
hanasaver
ninhdao2020
ninhdao2020
SatoshiXXX
satoshixxx
Proportion
.proportion
famousfxck
famousfxck
treebeard
_treebeard_
JohnJL2018
johnjl18
ninhdao2020
ninhdao2020
Proportion
.proportion
Jimny2024
locnguyen_31
famousfxck
famousfxck
JohnJL2018
johnjl18
JohnJL2018
johnjl18
@Mava (AI Support) i would be selling 100k usual rewards can i directly swap them to usdc in the appfamousfxck
HOLY
Lucky Boy
@Mava (AI Support) i would be selling 100k usual rewards can i directly swap them to usdc in the app
ElAnalistaa๐ง
omg all of that nonsense smh$
Mava (AI Support)
It seems there might be an issue with liquidity or the listing on Camelot. Currently, there is a USD0/USDC pool on Camelot (Arbitrum), but liquidity might be low. We're working on increasing liquidity on Arbitrum. Please try again later or check if there are any updates from Camelot.
Mava AI BetaElAnalistaa๐ง
i do not find USD0 on the list when i try to swap usd0 on camelot
can you give me the true link to camelot ?
ElAnalistaa๐ง
what is the best platform to swap usd0 to usd0++ on arbitrum ?
Lucky Boy
How do i claim my usual rewards staking usd0?
ElAnalistaa๐ง
but if i swap my usd0 to usd0++ will i be able to earn usual on arbitrum then ?
Mava (AI Support)
You can bridge USD0 and USD0++ to and from Arbitrum using Stargate, but it's not possible yet to directly mint through the Usual dApp on Arbitrum. However, you can swap directly on Arbitrum to buy USD0 or USD0++ on platforms like Camelot.
Mava AI Beta
sagar
when galxey?
ElAnalistaa๐ง
i thought i can mint usd0 on arbitrum ?
Usual
i need some help, i cannot stake my usd0 on arbitrum, it only suggzst the usd0 i have on eth, even tho i have close to 0Mava (AI Support)
Currently, native minting or staking of USD0 on Arbitrum is not available through the Usual dApp. You can bridge USD0 from Ethereum to Arbitrum using Stargate, but staking directly on Arbitrum isn't supported yet. The team is working on enabling these features, so stay tuned for updates.
Mava AI Betai need some help, i cannot stake my usd0 on arbitrum, it only suggzst the usd0 i have on eth, even tho i have close to 0Usual
ElAnalistaa๐ง
i need some help, i cannot stake my usd0 on arbitrum, it only suggzst the usd0 i have on eth, even tho i have close to 0
sagar
how to galexy user airdrop mod?
ElAnalistaa๐ง
i can see the usd0 in my wallet there is no problem
sagar
galexy user airdrop claim live?
i swaped my usd0 from eth to Arbitrum but when i want to get usd0 it says i have 0 USD0...Mava (AI Support)
It seems like there might be an issue with the transaction or the network. Please ensure that the transaction was completed successfully and that you are connected to the correct network. If the problem persists, you may want to check your wallet's transaction history or contact support for further assistance.
Mava AI BetaElAnalistaa๐ง
i swaped my usd0 from eth to Arbitrum but when i want to get usd0 it says i have 0 USD0...
deannguy3n
Is Dapp login issue?
famousfxck
# ๐งใspeculation
https://x.com/dcfgod/status/1874194625428381805?s=46
This was some meh fudโฆ USD0 is redeemable by whitelisted market makers, is fully backed, and non algorithmic It is as robust as something like usdc but far more transparent USD0\+\+ is a multi year bond and not pegged, although the team could buyback and redeem it if they
Twitter โข 12/31/2024 15:43:14 ESTDean - Founder GameonForge
No worry today we will see new dump ath ๐คญ
ElAnalistaa๐ง
and usualx too will be earned on arbitrum ?
if i switch my usd0 to arbitrum then mint usd0++, will I earn usual token on arbitrum too ?ElAnalistaa๐ง
if i switch my usd0 to arbitrum then mint usd0++, will I earn usual token on arbitrum too ?
Lucky Boy
Good rewards dump continues
famousfxck
Lmfao binance square, yeah buddy youโre on block ๐๐๐๐
Lucky Boy
Yes
famousfxck
Not even gonna bother explaining, no spoonfeeding
Usual
Lucky Boy
There is a post being circulated in square it will stop 494 so i ask mava is that wrong?
famousfxck
Dude probably has 5k max to his portfolio
Im putting you on block man fr
Lucky Boy
This is not square it from the info tab
famousfxck
Bro who said that it does?????
Lucky Boy
Whats wrong with that?
famousfxck
Bro takes information from binance square
Lucky Boy
Udd0 rewards will not stop even reaching 494m
famousfxck
Read etherscan
Usual
famousfxck
Read the whitepaper, blogs, etherscan. And if you still canโt figure it out, ask mava
This dude bro, supply is at 515m
Lucky Boy
The usd0 rewards
Bro im just saying emmission will not stop even reaching 494m circ supply whats wrong with that?famousfxck
Where the hell was it stated that 494 was max supply
SatoshiXXX
You are just idiot
JACH
The problem Is that not everybody reads them. Thats why we have a lot of people scare and start to sell.
Lucky Boy
Am i lying?
famousfxck
Price has been trading for 6 weeks, and youโre still talking about launchpad
Lucky Boy
Bro im just saying emmission will not stop even reaching 494m circ supply whats wrong with that?
famousfxck
Read the whitepaper, blogs, etherscan
Lucky Boy
Why for telling the truth they need to fo something
famousfxck
Get your facts right first
You need to calm down about FUD before you get your ass kicked ngl
Lucky Boy
Money is an abstract form of store of our time and energy and everytime they devalue your currency by dumping launchpool rewards they devalue you
Lucky Boy
Everyone is financial genius if theyre hard earned time and energy is t stake.
CongQ
Everyone talking about price like theyโre some financial genius
Lucky Boy
Emission going to continue it would be business as usual
Every 7pm cst is dumping schedule of launchpool rewards
Then tommorow .7 then friday it will fill my buy order at .6 ๐
famousfxck
Stop talking BS
Lucky Boy
Check price it got dowb now to 8
Launchpool rewards dump now
famousfxck
Here are links # ๐ใofficial-links read whitepaper and blogs
Lucky Boy
.6 i placed order
famousfxck
I think you need to research more about usual bro
Lucky Boy
Circulating 494m we are checking no total supply
famousfxck
Lol supply is literally at 515m right now
Lucky Boy
Lool ๐คฃ huge duuump
Mava (AI Support)
The emission of $USUAL tokens does not follow a strict emission schedule and is designed to be disinflationary. The emission rate decreases as the Total Value Locked (TVL) of USD0++ increases, promoting scarcity. There is no specific mention of emissions stopping at 494 million tokens in the documentation. References: 1
Mava AI BetaLucky Boy
@Mava (AI Support) is usd0 usual emission going to stop at 494m?
Mava (AI Support)
To verify your daily earnings from staking, you should check your dApp dashboard. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle under 'Pending Rewards'. For USUALx, rewards reflect live when you try to unstake. If you are not seeing the expected rewards, ensure that your wallet and integrations are correctly set up. If the issue persists, you may want to reach out for further assistance.
Mava AI Betaan one
12/31/2024 at 19:42:36 ESThow can i know i got 0.4% daily. i staked on 24th december. but i cannot verify whether it is working or not.
famousfxck
0.40% per day
Blake
too bad. only Ethereum is supported by binance and bitget
Blake
both One and nova?
Psychรฉ
Why is it asking me to transfer usualx to vote?
Blake
are all arbitrum networks supported?
an one
12/31/2024 at 19:23:46 ESTwould you tell me how much usualx reward i got from staking?
famousfxck
But USD0 has already went back to 1$
Other stablecoins are still struggling to return to 1$ peg
Etherum network is really expensive, will there be more networks to operate on in the future ?Mava (AI Support)
Yes, Usual is expanding to operate on multiple networks. Currently, Usual is available on Ethereum and Arbitrum networks. There are plans to expand to other Layer 2 networks and beyond, including platforms like Optimism.
Mava AI BetaBlake
can it be on bsc as well?
famousfxck
Crazy how USD0 had 500M$+ volume today
ElAnalistaa๐ง
Etherum network is really expensive, will there be more networks to operate on in the future ?
Blake
is usd0 only on Ethereum network?
Mava (AI Support)
Yes, holding USUALx entitles you to rewards. USUALx is the staked version of USUAL, and it offers governance participation, economic rights, and compounding rewards. Stakers benefit from 10% of all USUAL distributions and 33.33% of system fees.
Mava AI Betaan one
12/31/2024 at 19:18:31 ESTi bought usualx some days ago from swap. does that makes reward to me too ?
Chris
๋น์ ์๊ฒ ์ง์นจ์ ๋ณด๋ด
an one
12/31/2024 at 18:55:47 ESTusual์ ๊ฐ์น๊ฐ ํ๋ฝํ๋ฉด์ usualx์ ๊ฐ์น๋ ๋๋ฐํ๋ฝํ์์ด์. ๊ทธ๋์ ์ผ๋ง๋ staking๋ณด์์ ๋ฐ์๋์ง ๋ชจ๋ฅด๊ฒ ์ด์. usualx๊ฐ์น๊ฐ ๋ณด์๋ณด๋ค ๋ ๋จ์ด์ ธ์์
yoyojojo
Perps is listed yes. But is the team actively working on gettting spot integration. ?
famousfxck
Already listed on hyperliquid
Mava (AI Support)
USUALx๋ฅผ ์คํ ์ดํนํ๋ฉด ๋ณด์์ด 'Pending Rewards'๋ก ํ์๋์ง ์์ต๋๋ค. USUALx๋ ๊ธ๊ณ ๊ณต์ ์ฒ๋ผ ์๋ํ์ฌ ๋ณด์์ด ์ง์ ์ ์ผ๋ก ๊ทธ ๊ฐ์น์ ๋ฐ์๋ฉ๋๋ค. ๋ณด์์ ํ์ธํ๋ ค๋ฉด ์ธ์คํ ์ดํน์ ์๋ฎฌ๋ ์ด์ ํด๋ณด์ธ์. ์ถ๊ธ ๊ธ์ก์ ๋ณด์์ด ํฌํจ๋์ด ์์ ๊ฒ์ ๋๋ค.
Mava AI Betaan one
12/31/2024 at 18:52:42 EST1์ฃผ์ผ์ด ์ง๋ฌ์ด์ 24์ผ์ staking์ ํ์ด์ ๊ทธ๋ฐ๋ฐ usual.money earn ์์ pending reward๋ฅผ ๋ณผ์๊ฐ ์์ด์
yoyojojo
What about integration with hyperliquid
Mava (AI Support)
Currently, there are no protocols for depositing USD0++ on Arbitrum. The team is actively working on this, and there will be progress soon. Please stay tuned for upcoming announcements.
Mava AI Betayoyojojo
Any idea when we will be able to use arb for staking and lp?
@Mava (AI Support) I'm trying to see how much USUAL the USD0++ has yielded me - simulating an unstake will not display thatMava (AI Support)
To see how much USUAL your USD0++ has yielded, you should be able to check the yield accrued in your wallet or through the platform's interface where you hold your USD0++. The yield is distributed in the form of USUAL tokens and should be visible as accrued rewards. If simulating an unstake does not display this, you might need to check directly in your wallet or contact support for assistance. Reference: 1
Mava AI Beta
Mike Jozoff
@Mava (AI Support) I'm trying to see how much USUAL the USD0++ has yielded me - simulating an unstake will not display that
@Mava (AI Support) I'm there and I see the positions, but don't see the accumulated rewards / earningsMava (AI Support)
To view your accumulated rewards or earnings, you can simulate an unstake. The withdrawal amount will include your rewards (minus a 10% unstaking fee). Essentially, your vault share increases in worth over time, allowing you to withdraw more than you initially deposited.
Mava AI BetaMike Jozoff
@Mava (AI Support) I'm there and I see the positions, but don't see the accumulated rewards / earnings
@Mava (AI Support) Is there a way to see how much usual my USD0++ has generated me to this point in the UI?Mike Jozoff
@Mava (AI Support) Is there a way to see how much usual my USD0++ has generated me to this point in the UI?
BingChilling
not yet wait until it happened
lmao my goal is to collect all the governance token so when DAO exists i will coup the protocol
I will make proposal to put all the treasury and collateral into morpho to get 35% and distributed all morpho token to usualx holder
i will bring down the collateral to 50% not 100%
don't let me do itMike Jozoff
where is that user interface from?
Lucky Boy
We need first to go .6 then we moon
famousfxck
We can just talk over here
CryCasher
broo buyback need to be activated
IโMadKiller
@famousfxck Can I send you a friend request so we can chat?
CryCasher
ahahaha 40 T usd fdv
usual to 1000 usd
RedKrow
Yes i know
famousfxck
Scam
Lucky Boy
You dont want to be that guy in the 2 girls 1 cup situation
but just to make the fee worth it for the usual amount of bets I would make, I need to leave it around 25 days.
sorry the translation is probably badfamousfxck
No you can swap on DEX without unstaking fee
RedKrow
Another scam just appeared on my telegram
Lucky Boy
Yes you have to follow them at specific times when they dump the launchpool rewards
middleagedbiker74
Though I follow a couple of whales that dump 20 grand worth usual daily
Lucky Boy
Then buy back at .6
middleagedbiker74
No I am dumping yet
IโMadKiller
but just to make the fee worth it for the usual amount of bets I would make, I need to leave it around 25 days. sorry the translation is probably bad
Lucky Boy
Put or puts ? ๐
middleagedbiker74
Where?
IโMadKiller
I want to put 5000 usual.
middleagedbiker74
Overpaid worker needs firing
Idiot also 1 + 1 he knows but 1 + 3 he cant answer. When ask aboit current apy and price dont know alsomiddleagedbiker74
๐
Idiot also 1 + 1 he knows but 1 + 3 he cant answer. When ask aboit current apy and price dont know alsoUsual
Lucky Boy
Idiot also 1 + 1 he knows but 1 + 3 he cant answer. When ask aboit current apy and price dont know also
middleagedbiker74
Berastone vault.
middleagedbiker74
I have invested in its vault ๐
This mava bot is overconfident and drunk
IโMadKiller
absurd rate, hahaha
CongQ
Itโs another EVM L1, god knows we donโt need anymore of those
I donโt get the hype with Berachain honestly
Lucky Boy
He has over 200k staked. Get it over already and place order in .6 market goes where majority of the order is
JACH
Whats that?
middleagedbiker74
This is not USUALx. This is USUAL rewards for holding a pendle YT long
middleagedbiker74
Is it necessary to claim USUAL daily?
BingChilling
ahh i already put 5k usde into ethena x concret vault
famousfxck
Holy bullishness
BingChilling
since people said it ponzi why not make it 1000% ponzi
BingChilling
lmao my goal is to collect all the governance token so when DAO exists i will coup the protocol I will make proposal to put all the treasury and collateral into morpho to get 35% and distributed all morpho token to usualx holder i will bring down the collateral to 50% not 100% don't let me do it
famousfxck
70K+ coins
ShiroKuhaku
And how much time it will take to the max suply be achieved?
And after that?
Mava (AI Support)
Once all USUAL tokens are minted, the protocol will continue to operate using the existing supply. The tokens are designed to be disinflationary, meaning that as the protocol grows and generates more revenue, fewer tokens are minted. This ensures that the value of each token is backed by more revenue, potentially increasing its value. The protocol's growth and revenue will continue to support the ecosystem and provide yields to users. References: 1
Mava AI Beta
ShiroKuhaku
What happens after all 494 milion coins will be minted
Mava (AI Support)
Once all 494 million USUAL coins are minted, the protocol will have reached its maximum supply. The minting process is designed to be disinflationary, meaning that as the protocol grows and generates more revenue, fewer USUAL tokens are minted. This ensures that the value of each token is backed by more revenue, increasing its implied value. After reaching the maximum supply, the focus will likely shift to managing the existing supply and ensuring the stability and value of the tokens through governance and yield mechanisms.
Mava AI Beta
JohnCarraway
What happens after all 494 milion coins will be minted
Elyvelton
@Mava (AI Support) After reaching 494 million, when will the new dump of coins be?
ShiroKuhaku
Wow, hope you dont mind me asking but how much did u invested?
Usual
famousfxck
Better to ask that question on Pendle tbh itโs a product from them
LuckyBoys
hello sir, what is YT USUALX on pendle?
famousfxck
Wow just calculated so since full staking 7 days ago. Iโve made 2.6K usual
famousfxck
Nah thatโs just the token supply at TGE
Mava (AI Support)
The token supply of USUAL is designed to be disinflationary, meaning that less USUAL is minted as revenue grows. The total supply is planned to be 4 billion by 2028, but it could be less depending on the protocol's growth. The specific number of 494 million might be a misunderstanding or a specific milestone within the broader supply plan.
Mava AI BetaJACH
Why people say token supply Will stop at 494m?
famousfxck
Even big stablecoins with multi billions TVL can compete with us
Bro Usual has incredible tokenomics
FlAmEnInJa
Happy New Everyone ๐
FlAmEnInJa
That's why I love Usual's Tech
Rezende
Feliz Ano Novo !
Lemoussu
https://tenor.com/view/robin-hood-fortune-teller-future-prediction-gif-25704815
Eric
12/31/2024 at 15:38:11 ESTWho knows what?
Lemoussu
Who knows ?
Blake
do what?
Lemoussu
It is expected to do something.
Blake
is it expected to drop to that?
louixiii
Trump needs to buy Usual
CZ needs to do something
Canโt even absorb 2m of selling. Itโs over
Lucky Boy
Cannot sell 2m instantly because it will affect liquidity and price.
louixiii
Thereโs no pump
Lucky Boy
Fake pump without volume watchout. I buy .6
louixiii
Like clock work
louixiii
2m everyday
Lucky Boy
Cannot say maybe. Maybe not. all i know another 2m needed to be pooped
louixiii
Chinese whales coming back after new year?
Is this the bottom?
Lucky Boy
No need to ckmply because its decentralized mica only for centralized
Blake
is USD0 gonna be compliant with MiCA regulation?
famousfxck
Back at 1$ peg, meanwhile all other stablecoins are still struggling lmao ๐
Lucky Boy
Double top
What a wonderful year to enjoy drive new car.
famousfxck
Where are the fudders now???
JazzySt
Happy new year everyone! Iโll be back next year
Wow FDUSD and USDe are still depegged
JazzySt
No price talk here thereโs a place for it # ๐งใspeculation
79
I see the coin is going down
JazzySt
Please no price talk here # ๐งใspeculation
Lucky Boy
good day hows our little investors doing. My buy order at .6 not yet filled? Oh well i think we just have to go down some more.
n3rull.
And how are those weekly profits we generate received? Or are more tokens automatically generated and added to the total supply?
JazzySt
So wasnโt sure if itโs a scam
JazzySt
Itโs the stable coin but no logo thereโs even usd0 solana network and arb
treebeard
I think this just shows most token prices? Not only tokens actually tradable on binance
n3rull.
Those of us who have staked USUALX receive 33.33% of the fees generated with USD0++, right?
JazzySt
I was surprised to see it listed on binance web3 thatโs why I was asking if it was legit
famousfxck
And when price has stabilized, they enter again easy
Whales make crazy easy money from this
Spread fud about depeg, withdraw from TVL, short Usual
famousfxck
Tbh I think this was just an attack on the project
BingChilling
Fdusd suck ive use it to farm launchpad not worth the arbitrage
@Mava (AI Support) out of the annual revenue what percentage of it is fees? What generates the revenue? How do you define fees?Mava (AI Support)
Usual's revenue is generated primarily from the protocol's activities, including the collateral backing its stablecoin USD0. The exact percentage of revenue that comes from fees is not specified in the documentation. Fees are typically defined as charges applied to certain transactions or services within the protocol, such as unstaking fees or system fees. These fees are allocated as rewards to USUALx holders.
Mava AI Betaravished
@Mava (AI Support) out of the annual revenue what percentage of it is fees? What generates the revenue? How do you define fees?
Gentlemenโs, please ping me again tomorrow on those questions ๐ซก Iโll enjoy New Yearโs Eve nowbasedscarf
enjoy
ravished
@Mava (AI Support) what percentage of the yearly revenue goes to usual and usualx stakers?
famousfxck
We have a more stable price than FDUSD, USDe and USDT ๐๐
ravished
How is the usd0 income calculated?
Mava (AI Support)
USD0, the stablecoin from Usual, is not directly mentioned as being available on Binance Web3 in the provided documentation. For the most accurate and up-to-date information, please check Binance's official platform or announcements.
Mava AI BetaJazzySt
Iโm asking if the stable coin is really on binance web3
BingChilling
Nobody complain when usd0 depeg $1 above but god forbit below $1
BingChilling
What is this i thought we go 0.6 after i wake up? I was promised 0.6 i open my laptop for nothin
JazzySt
On binance web3
Mava (AI Support)
USD0 income is generated through Real-World Assets (RWAs) like U.S. Treasury bills. These assets provide a stable and secure backing for the USD0 stablecoin, allowing it to generate income through interest from these investments.
Mava AI Betaravished
@Mava (AI Support) how is the usd0 income generated?
ravished
@Mava (AI Support) does usd0 generate income for the usual protocol?
ravished
@Mava (AI Support) where can I find out how much income usual is making?
Gentlemenโs, please ping me again tomorrow on those questions ๐ซก Iโll enjoy New Yearโs Eve now
musashi
Thanks! Happy NY!
Grpprofesional
Hny then famalam
Grpprofesional
Wasn't it supposed to emmit less as the time goes ?
Noรฉ
Thatโs the total $USUAL emission
musashi
This is super helpful! Somehow I had missed this while going through documentation. Question for you, the slight ramp up in the airdrop through March, is that an assumption on claim rate of the completed airdrop, or is there other airdrops planned?
Grpprofesional
Is that from USD0++ or USUAL.x?
Usual
diegodezuniga
how do you do that? I don't see an option from the UI to select primary market offer only?
is there a way during the unstake operation to force the dapp to see the primary market offer directly?Mava (AI Support)
When you unstake, the primary market should automatically be considered if you are using the dApp directly. However, if your transaction is routed through a secondary market, it might not directly show the primary market offer. To ensure you are interacting with the primary market, you should use the dApp's primary market features directly.
Mava AI Betadiegodezuniga
is there a way during the unstake operation to force the dapp to see the primary market offer directly?
so a secondary market offer is to be disregarded when trying to understand the amount of Usual which have been accrued?Mava (AI Support)
When considering the amount of USUAL accrued, it's important to note that secondary market offers can affect the perceived value due to market dynamics, but they do not directly impact the actual amount of USUAL tokens accrued through staking or other protocol mechanisms. The secondary market may influence the price or conversion rates, but the accrual of USUAL tokens is determined by the protocol's yield mechanisms. Reference: 1
Mava AI Betadiegodezuniga
so a secondary market offer is to be disregarded when trying to understand the amount of Usual which have been accrued?
hello newbie, here, if I understand correctly when staking Usual on the Usual dapp money, the way to see how much Usual have been accrued each day is to perform a simulation for an unstake operation (UsualX -> Usual) and only take in consideration the primary market offer calculation?Mava (AI Support)
Yes, that's correct. When you stake USUAL into USUALx, it acts like a vault share. To see your accrued rewards, you can simulate an unstake operation. The withdrawal amount will include your rewards, minus a 10% unstaking fee. This method reflects the increase in value of your vault share over time.
Mava AI Betadiegodezuniga
hello newbie, here, if I understand correctly when staking Usual on the Usual dapp money, the way to see how much Usual have been accrued each day is to perform a simulation for an unstake operation (UsualX -> Usual) and only take in consideration the primary market offer calculation?
Mava (AI Support)
When coins are staked, they are typically locked up and not considered part of the circulating supply. However, if people choose not to stake their coins, those coins remain in circulation and can be traded or used in transactions.
Mava AI BetaRedKrow
So tehnically If 130mil coins are staked If people don't stake they are not in circulating?
@Mava (AI Support) where can I see the latest treasury numbers? The website doesnโt update.Noรฉ
What numbers are you looking for?
@Mava (AI Support) where can I see the latest treasury numbers? The website doesnโt update.Mava (AI Support)
You can check the latest treasury numbers by visiting the treasury address on Etherscan: [Treasury Address](https://etherscan.io/address/[redacted wallet address]). This will provide you with real-time data on the assets held by the Usual DAO. Reference: 1
Mava AI BetaWrathed
@Mava (AI Support) where can I see the latest treasury numbers? The website doesnโt update.
@Mava (AI Support) what is the usual emission APR for usualx if the TVL of USD0 is $3 billion?Mava (AI Support)
The emission APR for UsualX is not fixed and depends on several factors, including the Total Value Locked (TVL) and the percentage of the supply staked in UsualX. If a small percentage of the supply is staked, the rewards are higher for each staker. However, the exact APR would require specific calculations based on the current protocol metrics and staked supply.
Mava AI Betaravished
@Mava (AI Support) what is the usual emission APR for usualx if the TVL of USD0 is $3 billion?
@Mava (AI Support) does the TVL of USD0 include the TVL of USD0++ and usual or is it independent?ravished
@Mava (AI Support) does the TVL of USD0 include the TVL of USD0++ and usual or is it independent?
ravished
What is the emission rate at $3 billion usd0 TVL?
Noรฉ
(
CryCasher
when we handle of usual price?
RedKrow
Where can i fiind token release schedule
Noรฉ
based
CryCasher
big volume can depeg 5-10 minute's
Mava (AI Support)
The rate of USUAL emissions is influenced by several factors including the Total Value Locked (TVL) growth, specifically USD0++ denominated TVL, and changes in interest rates of assets backing USD0. The emission model is designed to promote scarcity and align incentives for early adopters and long-term holders. As the TVL of USD0++ increases, the rate of token issuance gradually decreases, supporting scarcity. Additionally, emissions are adjusted based on interest rates to maintain fairness for users in both low and high-interest rate periods. References: 1,2
Mava AI Betaravished
@Mava (AI Support) what effects the rate of usual emissions for usual stakers?
CryCasher
there is no depeg
CryCasher
where is
but the apy is i am crying about
After a big rise, there is a big fall, don't worry, it's normal at the end of the year, however, after a big fall there is a big recovery ๐CryCasher
yea
Carlos Soltero
ok
Eric
12/31/2024 at 12:48:16 EST# ๐งใspeculation por favor
SimplyGuy
A whale panic sell 20m in a small time frame, and then buy it back later
MattWayKen
when I try to unstake it also doesn't show any additional coin, exact same amount as before
Noรฉ
# ๐งใspeculation plz
Lemoussu
You bought high, and sold low because of fear... You did that to yourself. But don't be ashamed, everyone did at least once
Usual
Lemoussu
Do your own research, you'll end up homeless if you ask people for trading advices.
Researcher
12/31/2024 at 12:35:48 ESTIm afraid i lost very much... Everyone say about better live thanks by usual but usual took my money.
Hold or sell?
Wrathed
Is there a small trading fee on Usual like there is on USD0?
MattWayKen
Okay thank you very much
hello, I have ben staking usualX for about 10 days but I haven't received any usual yet, is it normal?Mava (AI Support)
Hello! Yes, it's normal. When you stake USUAL into USUALx, your rewards are auto-compounded into your USUALx position. This means that your share increases in value over time, and you can see the rewards when you try to unstake. They do not appear as 'Pending Rewards' like USD0++ rewards.
Mava AI BetaMattWayKen
hello, I have ben staking usualX for about 10 days but I haven't received any usual yet, is it normal?
CongQ
I know itโs the holiday season but cmon kids, donโt do hard drugs
CongQ
U might wanna get a new brain this new year
Alexanderz๐
New year new usual , currently 0.9 gonna be 0
KubzThe14Th
happy new year from Hong Kong! best wishes of wealth and success for 2025!
Even if we depeg, we will always bounce back
Btw donโt worry too much about depeg. Because we literally have a better price now than most stablecoins
famousfxck
Nah itโs just MM, already confirmed by team
smartserial201
eligibility
Gucci_Gopnik
Does anyone know the cause of the DEPEG of USD0++ from today?
famousfxck
Itโs not usual team, they have a multisig
0x0ใ
ใ
~
why coinmarketcap fdv is 9x of coingecko?
famousfxck
Whole stablecoin market depegged a little, but they only focus on USD0
Some people in this chat have 0 IQ
treebeard
Most of the backing is in usyc though, at the moment
treebeard
USYC and M^0, with BUIDL coming soon
0x0ใ
ใ
~
got it thanks so currently the only collateral of USD0 is USYC?
One question, if I exchange eth directly for usualx, will I continue to earn usual as a reward?Mava (AI Support)
Yes, when you hold USUALx, you will earn USUAL as a reward. USUALx acts like a vault share, meaning it represents your share of the staking rewards. Over time, this share will allow you to withdraw more USUAL as rewards accumulate.
Mava AI BetaElyvelton
One question, if I exchange eth directly for usualx, will I continue to earn usual as a reward?
treebeard
I think I heard January or Q1, but should be somewhat soon afaik
treebeard
Yeah, and the team atm. The early redemption fee isn't implemented yet
0x0ใ
ใ
~
so at some point it will be turned off? who will decide this switch?
treebeard
For now yes, with a 5bps fee
Lord_Goldstack | CLONE
No drop yet? It's been over a week
At the moment you can instantly redeem the usd0++ to usd0, and the usd0 to usyc, then redeem that through hashnote (kyc/whitelist). So a depeg shouldn't really scare you, if anything it's an arbitrage / profit opportunity0x0ใ
ใ
~
so even USD0++ with lock up can be redeemed at any time?
treebeard
Also it was a 1% depeg for a matter of minutes basically, before it got arbed
treebeard
At the moment you can instantly redeem the usd0++ to usd0, and the usd0 to usyc, then redeem that through hashnote (kyc/whitelist). So a depeg shouldn't really scare you, if anything it's an arbitrage / profit opportunity
0x0ใ
ใ
~
sorry i didnt see USDC and USDT depeg 1% casually
basedscarf
usd0 pool on top, even above 3pool sometimes
anybody looked at the curve volumes?
famousfxck
Right now we have a stable price than most huge stablecoins so what are you trying to prove
famousfxck
The whole market all of stablecoins has depegged, are you a child?
Mava (AI Support)
When you opt for a payout in USUAL tokens with USD0++, you are engaging in a speculative strategy that involves receiving yield in the form of USUAL tokens. This yield is speculative because it depends on the price of USUAL tokens in the secondary market. The strategy allows you to potentially benefit from the growth and revenue of the Usual protocol, as USUAL is a revenue-based governance token. This approach provides exposure to the protocol's success and potential appreciation of USUAL tokens. References: 1,2
Mava AI Beta0x0ใ
ใ
~
what speculative strategy is USD0++ taking when i opt in for pay out in USUAL token?
what point are you trying to make? are you blind?
0x0ใ
ใ
~
you chart literally proved that it had depegged...
0x0ใ
ใ
~
how is that alpha yield generated then?
Khanaaqib
12/31/2024 at 11:30:18 ESThow
Mava (AI Support)
The yield from USD0++ is distributed in the form of $USUAL tokens, which are the governance tokens of the Usual protocol. This yield is speculative and is referred to as Alpha Yield. The yield is not directly sponsored by the project but is generated through the protocol's mechanisms and the value of the $USUAL tokens. The yield distribution is designed to outperform the native risk-free yield of the underlying asset, providing exposure to the issuerโs success. Reference: 1
Mava AI Beta0x0ใ
ใ
~
i wanted to know the yield breakdown? how much of that yield is sponsored by the project
0x0ใ
ใ
~
how much yield of USD0++ is from USUAL and how much is from tbill?
i see thanks Mava!
0x0ใ
ใ
~
once USD0++ is transferred it will be relocked for 4 years?
Mava (AI Support)
USD0++ offers high yields because it not only provides protocol revenues but also distributes ownership of the protocol through innovative reward mechanisms. It features a Base Interest Guarantee (BIG) to ensure a minimum yield, and holders receive rewards in the form of $USUAL tokens. Reference: 1
Mava AI Beta0x0ใ
ใ
~
and why is USD0++ yield so high?
0x0ใ
ใ
~
so once USD0++ is transferred it will be relocked for 4 years?
Mava (AI Support)
To calculate the APY (Annual Percentage Yield), you can use the formula: \[ APY = \left(1 + \frac{r}{n}\right)^n - 1 \] where \( r \) is the annual interest rate and \( n \) is the number of compounding periods per year. This formula gives you the APY as a percentage. To convert this to Usual tokens, you would need to apply the APY to your principal amount and then convert the resulting amount to the equivalent value in Usual tokens based on the current spot price of Usual.
Mava AI Beta
101
Whatโs the actual formula to calculate the apy if itโs not a simple conversion to Usual?
Mava (AI Support)
USD0 and USD0++ are not directly convertible. USD0++ is a 4-years locked version of USD0. You can swap USD0++ to USD0 on the secondary market, such as through Curve or ParaSwap. There may be fees or restrictions depending on the platform you use for the swap.
Mava AI Beta0x0ใ
ใ
~
is USD0 and USD0++ always convertible? are there restriction or fees?
avalongarden
happy new year!
Mava (AI Support)
Mava (AI Support)
The APY is influenced by the market price of $USUAL. If the price of $USUAL decreases significantly, it can lead to a reduction in the APY. However, the exact percentage reduction in APY would depend on various factors, including the minting rate and other underlying factors, not just the price alone.
Mava AI Beta0x0ใ
ใ
~
hi may i know what's actually backing USD0 do I receive yield from holding USD0?
101
If $Usual is 10 cents does that reduce the apy by 90%?
Mava (AI Support)
To calculate the APY in terms of Usual tokens, you first calculate the APY based on your principal amount. Then, convert the resulting value to the spot price of $USUAL. This means you use the Usual price to convert the APY value into Usual tokens after calculating the APY.
Mava AI Beta101
Where do you plug in the Usual price in this apy formula?
Mava (AI Support)
101
Whatโs the formula to calculate the annual interest rate for usd0++?
Whatโs the r?
Mava (AI Support)
The APY for USD0++ is calculated assuming a 365 days compounding frequency. You can calculate it by using the formula for compound interest: \[ APY = \left(1 + \frac{r}{n}\right)^{n \times t} - 1 \] Where: - \( r \) is the annual interest rate - \( n \) is the number of compounding periods per year - \( t \) is the time in years
Mava AI Beta101
Whatโs the formula to calculate usd0++ apy
JazzySt
Letโs see if someone with more knowledge can give feedback
Mava (AI Support)
The airdrop rewarding participants from the pre-launch phase will take place in mid-December. Until then, stay tuned for updates, especially the release of the airdrop checker. Reference: 1
Mava AI Beta
WaterratX99
This is a gigantic difference
ZirDeli
The airdrop thing's is finish?
JazzySt
Hmmmm
When you checked yesterday it may have shown you the amount directed via secondary market where thereโs no unstake fee per sayWaterratX99
No it still said there would be a 10% fee. Today it says there is still an unstaking fee
JazzySt
Hence it showed a higher amount
When you checked yesterday it may have shown you the amount directed via secondary market where thereโs no unstake fee per say
This is the on the USUAL website. The discpency should'nt be so dramatic. Something is very wrongWaterratX99
So if the APR is correct. The amount of usual i'm getting back should always go up even if the price goes down on the token. Yesterday it said i would be getting back 6300 usual before the unstaking fee. Today it says i'm getting back 5804 usual before the unstaking fee.
Winter
Hey why depeg?
WaterratX99
This is the on the USUAL website. The discpency should'nt be so dramatic. Something is very wrong
Usual
And if you want to use binance web3 make sure you are transferring to the correct network eth with enough gas feesJazzySt
Check if itโs on primary market or secondary
WaterratX99
I was told the unstaking fee wasn't accounted for and would still be taken out
Hello how I can add money on here? And I have binance account I connect on usual website access app after connecting I can't seem any my coin binance wallet in usual websiteJazzySt
And if you want to use binance web3 make sure you are transferring to the correct network eth with enough gas fees
Hello how I can add money on here? And I have binance account I connect on usual website access app after connecting I can't seem any my coin binance wallet in usual websiteJazzySt
Your binance is a centralized wallet not a dex wallet
Hello how I can add money on here? And I have binance account I connect on usual website access app after connecting I can't seem any my coin binance wallet in usual websiteMava (AI Support)
To add money to the Usual protocol, you can deposit assets into the protocol in exchange for USD0, the stablecoin of Usual. If you're using a Binance account and have connected it to the Usual app but can't see your coins, ensure that you have selected the correct network (Ethereum) for transactions. Also, make sure your wallet is properly connected and that you have the necessary permissions enabled. References: 1,2
Mava AI Beta
SolutionsB0.16
well itโs often a thing and we have to wait a while before it increases. canโt wait for the new year.
I lost usual x balance overnight, when I simulate unstaking, the balance shows less than it did yesterday. How is that?
hawk_is_back
i have the same question...
Noรฉ
You were probably routed through secondary yesterday, and primary today
marioman92
Itโs not due to the unstaking fee, I am aware of thatโฆ
I lost usual x balance overnight, when I simulate unstaking, the balance shows less than it did yesterday. How is that?Mava (AI Support)
When you stake USUAL tokens and receive USUALx, the USUALx acts like a vault share. This means that the value of your USUALx increases over time as rewards accumulate, but the number of USUALx tokens remains the same. If your simulated unstake shows less USUAL than expected, it could be due to the 10% unstaking fee or changes in the conversion rate. It's important to compare the USUAL amount you staked with the current value minus any fees.
Mava AI Betamarioman92
I lost usual x balance overnight, when I simulate unstaking, the balance shows less than it did yesterday. How is that?
101
But if Usual is $5, without any other changes, does the apy 5x? If not, why did you just point out the apy is reduced if Usual price is lower
101
Does the usd0++ apy assume a baseline of Usual = $1?
Bonjour,
Jโai stack des usual en usualx vient mon Wallet Binance.
Pouvez vous me dire comment lorsque je voudrais rรฉcupรฉrer mes usual quand je les aurais unstack pour les renvoyer sur mon Wallet Binance ?JazzySt
Since this is the English speaking room, please make sure you have enough eth for gas fees
Mava (AI Support)
The APY on USD0++ can drop due to several factors such as lower revenue (e.g., lower interest rates and no TVL growth at the same time), governance adjustments, or a decline in the $USUAL market price.
Mava AI Beta
11kizra
Why apy on USD00+ is droping?
Jimny2024
Am i at wrong chat room?
Salut, tu as du faire le transfert de tes usual depuis ton Wallet binance vers un wallet non centralisรฉ (Metamask, etc ...) pour stack depuis le site. Quand tu vas unstack il faudra faire le transfert inverse Wallet non centralisรฉ vers binanceJazzySt
Le wallet web3 de binance n marche pas?
Bonjour,
Jโai stack des usual en usualx vient mon Wallet Binance.
Pouvez vous me dire comment lorsque je voudrais rรฉcupรฉrer mes usual quand je les aurais unstack pour les renvoyer sur mon Wallet Binance ?Tex
Salut, tu as du faire le transfert de tes usual depuis ton Wallet binance vers un wallet non centralisรฉ (Metamask, etc ...) pour stack depuis le site. Quand tu vas unstack il faudra faire le transfert inverse Wallet non centralisรฉ vers binance
Bonjour,
Jโai stack des usual en usualx vient mon Wallet Binance.
Pouvez vous me dire comment lorsque je voudrais rรฉcupรฉrer mes usual quand je les aurais unstack pour les renvoyer sur mon Wallet Binance ?Mava (AI Support)
Pour rรฉcupรฉrer vos USUAL aprรจs les avoir unstakรฉ, vous devrez d'abord les convertir de USUALx ร USUAL. Ensuite, vous pouvez transfรฉrer vos USUAL vers votre portefeuille Binance en utilisant le rรฉseau Ethereum.
Mava AI BetaGuiLN3
Bonjour, Jโai stack des usual en usualx vient mon Wallet Binance. Pouvez vous me dire comment lorsque je voudrais rรฉcupรฉrer mes usual quand je les aurais unstack pour les renvoyer sur mon Wallet Binance ?
badgirl
๐๐๐ my hero โจ
Noรฉ
saved you
badgirl
God bless
The Southerner
Sorry, I spoke in french because I made mistakes to let them understand my meaning.
Mr. Lin
Ser asking links is a dangerous thing
Mr. Lin
https://curve.fi/#/ethereum/pools/factory-stable-ng-188/deposit
badgirl
Does someone have the direct link to usdc/usd0 curve pool, navigating on mobile is horror
SatoshiXXX
ENGLISH PLZ?? I want to join the debate
I hope to visit someday
Mr. Lin
I heard it is a beautiful place
Noรฉ
You're saying: - a whale represented 4% of the TVL during the airdrop so got 4% of the airdrop (let's say, for sake of simplicity) - So, he'll continue getting a lot of $USUAL, which is bad for decentralization I'm replying: - It means that he would still have to represent 4% of the TVL now, at 1.6B, and during 4 entire years - He'd have to hold all of those USUAL and stake them all into USUALx - It's not even possible since the distribution is separated into different buckets
Not really, ive pointed out your hypothesis is incorrect, and there's definitely no need for the ching chong ling long ding dong stereotypingThe Southerner
Je t'invite un de ces jours ร Marseille, merci lin pour le ching Chong ling long
badgirl
https://tenor.com/view/sad-girl-guilty-cute-pout-gif-3167622373553480020
Mr. Lin
I got the C pass
Mr. Lin
Ser according to the frenchman im chinese
badgirl
That cat is not to be messed with
Someone get hr on Mr Lin heโs unhinged
The Southerner
Je crois ร ce projet parce que il est made in France
The Southerner
@Noรฉ j'espรจre que je me trompe, en tout cas, merci Noรฉ.
badgirl
Well itโs just a crypto coin, it can go up or down
Noรฉ
# ๐คใtroubleshooting
0xconvergence
@badgirl usualX
@Noรฉ why is price dropping? anything wrong with the mechanism or just normal market behaviourbadgirl
For $usd0?
JazzySt
Gal x e is banned now hahaha
@Noรฉ why is price dropping? anything wrong with the mechanism or just normal market behaviourNoรฉ
# ๐งใspeculation + just the market
JazzySt
Lmfao
C'est valide, tant que ils ont la majoritรฉ au dรฉbut ils auront la majoritรฉ des distributionsNoรฉ
Non, ton hypothรจse sous-entend qu'une whale devrait garder la mรชme proportion "holding/TVL" pendant l'entiรจretรฉ des 4 ans. Puis, c'est aussi impossible car elle devrait hold & stake tous ses USUAL en USUALx. Puis, encore moins probable car les รฉmissions sont disctinctes par "buckets", de telle sorte qu'il faudrait qu'il LP sur toutes les pools, qu'il stake sous ses USUAL en USUALx, qu'il hold du USD0++ pur et compagnie, tout en gardant le mรชme ratio "holding TVL" pendant 4 ans. C'est juste impossible
Mr. Lin
Wen claim????????
nein
can someone send me the link to the USUAL tokenomics pls
badgirl
Reported to HR sorry you canโt claim the next airdrop
Mr. Lin
Ill let noe handle this
Sorry thats all the french i know
The Southerner
La fuite en avant
Noรฉ
You're basically saying "oh, whales got a higher % of the airdrop so if they stay holding USD0++ at the same percentage of the growth of the TVL over 4 years, and they also stake all their USUAL into USUALx, they'll have high power at the end"
The Southerner
C'est valide, tant que ils ont la majoritรฉ au dรฉbut ils auront la majoritรฉ des distributions
badgirl
https://tenor.com/view/sad-girl-guilty-cute-pout-gif-3167622373553480020
The Southerner
Comment รงa
@Mr. Lin @Noรฉ You did not answer my question, how at the listing day, the majority of usual belongs to insiders, so after distribution of the usual during 4 years according to shareholders, the insiders will have the majority, since they got the majority of the USUAL distributed.JazzySt
Chill someone had their account drained
Noรฉ
wtf
@Mr. Lin @Noรฉ You did not answer my question, how at the listing day, the majority of usual belongs to insiders, so after distribution of the usual during 4 years according to shareholders, the insiders will have the majority, since they got the majority of the USUAL distributed.Noรฉ
But they did not
The Southerner
@Mr. Lin @Noรฉ You did not answer my question, how at the listing day, the majority of usual belongs to insiders, so after distribution of the usual during 4 years according to shareholders, the insiders will have the majority, since they got the majority of the USUAL distributed.
You did not answer my question, how at the listing day, the majority of usual belongs to insiders, so after distribution of the usual during 4 years according to shareholders, the insiders will have the majority, since they got the majority of the USUAL distributed.
CryCasher
very sus
Iโm surprised no oneโs taken the domain unusual.money and made a knock off protocol on it ๐
Zugor
I already seeing some on X .
badgirl
Money doesnโt leave your wallet randomly you must have gotten drained or clipped or ratted thereโs no other way
CryCasher
using what
Mr. Lin
Stop using it for now
Iโm surprised no oneโs taken the domain unusual.money and made a knock off protocol on it ๐JazzySt
Thereโs many
CryCasher
or might be stolen
Mr. Lin
If you havent signed anything then it might be compromised pc...
Iโm surprised no oneโs taken the domain unusual.money and made a knock off protocol on it ๐
Andris
don't give people ideas, it will be made from now on ๐
Kreatoruss
shocking start of the day
Kreatoruss
shouldnt be
badgirl
Or a drainer or something
Iโm surprised no oneโs taken the domain unusual.money and made a knock off protocol on it ๐
Mr. Lin
Or just bad connection?
any idea how all my 5 phantom accounts got drained, after i just turned on my pc and refreshed the phantom page ?Mr. Lin
Compromised pc?
Andris
Its only a scam if you lose money ๐ธ ๐ค
Mr. Lin
Whale mommy
Kreatoruss
any idea how all my 5 phantom accounts got drained, after i just turned on my pc and refreshed the phantom page ?
Mr. Lin
Damn
badgirl
Usual is old news
$badgirl.money protocol
Top secret money making protocol
CryCasher
like a scam
badgirl
๐
CryCasher
whats that
badgirl
Pre taxes.
Iโll have you know my $HYPE DELTA NEFURAL FARM IScurrently generating a 1% alpha on the s&p500 for x100 the risk
Mr. Lin
Lfg
badgirl
๐
Why hold susde for the sats? Thereโs a billion other funding farm pairs like solana that returns far better alphaMr. Lin
Rollbit 1000x long on supersonicosamabonladenharrypptter coin
Defi V
What does Funding rates imply.?
badgirl
Why hold susde for the sats? Thereโs a billion other funding farm pairs like solana that returns far better alpha
xoxo
Mr. Lin
Spoken like a true degen
Mr. Lin
Ah yes
Mr. Lin
You shud know this by now
Mr. Lin
I thought you held usde
CryCasher
hmm
ilo00o
Are apys changing or smt? Canโt see on the app
Defi V
So the current high APY for USDO++ are from Usual emissions.?
badgirl
Very market dependent
badgirl
Ethena basically depends on funding rates and lsts
Zugor
I am one of the sardines
Mr. Lin
Noรฉ
true..
Mr. Lin
I am the whale
Mr. Lin
Ser if i dump all my usual, usual will goto 0
Noรฉ
statistically impossible
it's like
and for it to be enough in order to compromise decentralization, knowing that there's also USUALx etc
To say that the same people from 6 months ago will hold for 4 years is making a whole lot of assumptions lmfeow
Mava (AI Support)
To see how many USUAL tokens you received from staking today, you should check the UI for USUALx rewards. The UI is being updated to make it clearer for users to view their rewards.
Mava AI BetaMr. Lin
No i mean ethena apy is highly dependent on the market conditions
Andris
How can I see how many usual i got today from staking?
More than since at the beginning they hold the majority of the USUAL,after distribution they will have the majority of the USUAL coinCryCasher
ethena offering %10 apy
Mr. Lin
Same as ethena, depends on the market condition too
Mr. Lin
No it depends on how we expand our revenue streams
Theyll get diluted
CryCasher
you mean at the end we are see %10 apy
More than since at the beginning they hold the majority of the USUAL,after distribution they will have the majority of the USUAL coinMr. Lin
And after the whales come in minting the usd0++
CryCasher
hmm
The Southerner
More than since at the beginning they hold the majority of the USUAL,after distribution they will have the majority of the USUAL coin
Mava (AI Support)
Usual Labs aims to offer enhanced yields through innovative products like USD0++, which is backed by tokenized Real-World Assets (RWAs) such as U.S. Treasury bills. This approach is designed to provide security and opportunities for higher yields, indicating a focus on long-term high yield.
Mava AI BetaMr. Lin
Sustainable yields
CryCasher
what is usual labs are targeting longtime high yield or longtime low yield?
@Mr. Lin im not asking any question, we r talking about 90% of the profit going to small part of the communityMr. Lin
Incorrect
Trying to understand your maths here
NovaByte
@Mr. Lin im not asking any question, we r talking about 90% of the profit going to small part of the community
They will still have more than 50%, since rewards are distributed according to usual holdingMr. Lin
And how did you calculate the 50% part
Zugor
@Mava (AI Support) means, USUAL won't be pump crazy like other coins?
The Southerner
They will still have more than 50%, since rewards are distributed according to usual holding
Mr. Lin
They cant do shit
How do they affect the market
They have a one year cliff tho
The Southerner
Yes
Mr. Lin
The team, angel investors, etc?
The Southerner
Not the airdrops
Mr. Lin
You mean usual*?
The Southerner
I mean the insiders
Mr. Lin
Usual airdrop has nothing to do with the usual minting mechanism
"The supply is tied to the revenue generated by the protocol, ensuring that the growth rate of USUAL never exceeds that of the treasury."
Can someone help me zoom in this part ?Mava (AI Support)
The supply of USUAL tokens is directly linked to the revenue generated by the protocol. This means that as the protocol earns more revenue, the supply of USUAL can increase, but it is designed in such a way that the growth rate of USUAL tokens will not surpass the growth of the treasury. This ensures a balanced and sustainable growth model, where the issuance of new tokens is controlled and aligned with the actual financial performance of the protocol.
Mava AI BetaMr. Lin
By beginning im assuming you mean those who received usual airdrop
"The supply is tied to the revenue generated by the protocol, ensuring that the growth rate of USUAL never exceeds that of the treasury."
Can someone help me zoom in this part ?Usual
Zugor
"The supply is tied to the revenue generated by the protocol, ensuring that the growth rate of USUAL never exceeds that of the treasury." Can someone help me zoom in this part ?
But at the beginning they have the majority of usual,so when rewards distributed, they will have the majority,more than 50%Mr. Lin
Ser do you even understand how our usual minting mechanism work tho
The Southerner
The project start, listing day
But at the beginning they have the majority of usual,so when rewards distributed, they will have the majority,more than 50%Mr. Lin
Define beginning
musashi
So while, yes, usual issuance will cause more supply to come online, there should be increased demand if the valuation becomes even more attractive.
The Southerner
But at the beginning they have the majority of usual,so when rewards distributed, they will have the majority,more than 50%
musashi
There is a fundamental value, which is best. If the revenues are $66m, and 90% go to the Usual holders, that is $60m. At $455m Market cap, thatโs a 7x revenue multiple .. on a high growth company, thatโs very cheap.
Mr. Lin
You can try asking your question again
Mr. Lin
Nah you dont make sense
Given the recent decrease in tvl which causes the minting factor to increase, has been a relatively new thing (less than 24 hrs), it might take some time for pendle to reflect the minting rate accordingly
CryCasher
devs?>
what does it have to do with underlying yield? would appreciate if u could elaborate.Mr. Lin
If the underlying yield decreases then youll essentially receive less reward However the underlying yield is usually reflected in a 1-day or 7-day timeframe, depending on when they receive the reward distributions
Noรฉ
Insiders (investors + team) only receive 10% of the supply over four years, at the same rate as everyone else
But at the beginning of the process, the insiders are more than 80%, so they will took the majority of the USUAL mintedNoรฉ
Why are they 80%....?
Mava (AI Support)
Not necessarily. The price of $USUAL and the APY are influenced by various factors, including the minting rate, market demand, and overall revenue. While an increase in the supply of $USUAL could potentially affect its price, it doesn't automatically mean the price will go down. Similarly, APY is determined by factors like $USUAL price and minting rate, and not solely by the amount of $USUAL minted.
Mava AI BetaNovaByte
@Mr. Lin I think rather you dont want understand ๐ฉ
CryCasher
thats mean every minted usual make usual price down and apy is goes down too?
The Southerner
But at the beginning of the process, the insiders are more than 80%, so they will took the majority of the USUAL minted
Ser it depends on the underlying yield
But my guess would be that the minting factor might take a day to truly reflect onto other protocols' reward distributionsไธๆฃตๅฐ้ญ่
what does it have to do with underlying yield? would appreciate if u could elaborate.
Noรฉ
The total supply of USUAL tokens is designed to be 4 billion over 4 years, depending on the collateral yield conditions. The supply is tied to the revenue generated by the protocol, ensuring that the growth rate of USUAL never exceeds that of the treasury. The allocation prioritizes community empowerment, with 90% of the token supply distributed to the community through rewards and ecosystem incentives, while only 10% is reserved for insiders. This design ensures that the majority of value directly benefits its users, fostering engagement and long-term trust.
CryCasher
mr. lin earning like 100k dollar per second from usual
Mr. Lin
Le baguette man
CryCasher
the devs taking profit
Minting Factor today is higher than yesterday. For the same amount of YT, I received less $USUAL than yesterday. Can anyone explain this to me? thanksMr. Lin
Ser it depends on the underlying yield But my guess would be that the minting factor might take a day to truly reflect onto other protocols' reward distributions
it just doesn't make sense, how could 90% go to 1 or 2% of the community, since 90% is literally given to the whole supplyThe Southerner
What is the whole supply, who takes profit? Explain the process please?
:O mr. lin revealed his real feelings about usual
CryCasher
mr lin is here
Minting Factor today is higher than yesterday. For the same amount of YT, I received less $USUAL than yesterday. Can anyone explain this to me? thanksMava (AI Support)
The amount of $USUAL you receive is influenced by several factors, including the minting factor, which can change daily based on variables like TVL and revenue. Even if the minting factor is higher, other factors such as the supply factor or rate factor might have adjusted, affecting the overall distribution of $USUAL. References: 1
Mava AI BetaMr. Lin
๐ฅน
ไธๆฃตๅฐ้ญ่
Minting Factor today is higher than yesterday. For the same amount of YT, I received less $USUAL than yesterday. Can anyone explain this to me? thanks
CryCasher
:O
Mr. Lin
Do you speak it
English
Mr. Lin
Ser
CryCasher
usd0++ price is recovered back but my loss still there
my friend lost 1700 usd in 2 seconds
Lucky Boy
Double top
CryCasher
i lost 70 usd0++ in 2 seconds on lp position
Noรฉ
NovaByte
go to exchange and you will see that more lose than benefit behind usual
CryCasher
after 5 days noe breached usual treasury on news
oh you wish
ahahaaha
Noรฉ
I wish
Noรฉ
lmfao
CryCasher
is that true?
Noe had %20 of usual coins
there is a secret place
it just doesn't make sense, how could 90% go to 1 or 2% of the community, since 90% is literally given to the whole supply
CryCasher
im calling t-bill rn
NovaByte
the reality is hard to undestand
CryCasher
noe revelaed his real faceeee
Noรฉ
Nah
NovaByte
;0
CryCasher
but showing like i dont understand
they understand you
NovaByte
goes, profit, community, smal, amount, of, the ... this is english or maybe im talking chiness XD
Noรฉ
wut
CryCasher
noe revealed his real face
:O
Noรฉ
sir please write in english
Noรฉ
1) What
Lucky Boy
Whats a good song to play at this time " run thru the jungle "
Noรฉ
90% of $USUAL goes to the community/ecosystem, it's literally in the WP
NovaByte
90% goes to smal amount of the community
CryCasher
9/10
Noรฉ
lol
NovaByte
8/10 losing money
Noรฉ
Yes I'm sure
Ok but initially this was the intention in mantra but later on the institutions accumulated more. Do you think this could happen in usualNovaByte
@Noรฉ 90% goes to community ar you sure
what happens if someone collect so many token at lowest price and wait usual buyback and sell when buyback happendMava (AI Support)
If someone collects a large number of tokens at a low price and waits for a buyback to sell, they could potentially profit from the price increase during the buyback. However, this strategy depends on market conditions and the effectiveness of the buyback in increasing the token's price. The buyback mechanism is designed to support the token's value, but market dynamics can be unpredictable.
Mava AI BetaLucky Boy
Ok but initially this was the intention in mantra but later on the institutions accumulated more. Do you think this could happen in usual
CryCasher
what happens if someone collect so many token at lowest price and wait usual buyback and sell when buyback happend
Noรฉ
not right now
louixiii
Is there token buyback?
Noรฉ
# ๐งใspeculation
ShiroKuhaku
And then the usual will go up?
Noรฉ
90% of it goes to the community
we're literally distributing the power rn
x)
How does the voting works here the majority token votes win? What if 5 wallets has rhe majority?Noรฉ
Sir, that's why we are constantly distributing the supply to those who hold USD0++, stake USUAL, LP etc.
CryCasher
woowowow usd0++ volume is jump 60m to 180m
Lucky Boy
How does the voting works here the majority token votes win? What if 5 wallets has rhe majority?
Anyone tried swapping usdc for usual using the usual.money app? My linked wallet balance never loads. I've tried a few different onesMava (AI Support)
It seems like you are experiencing an issue with your wallet balance not loading on the Usual app. Please ensure that you have a stable internet connection and that your wallet is properly connected to the app. If the issue persists, try clearing your browser cache or using a different browser. If none of these solutions work, it might be a technical issue that requires further assistance.
Mava AI Betamusashi
Ok, great. This is all very helpful. Thank you!
Diasporadic
Anyone tried swapping usdc for usual using the usual.money app? My linked wallet balance never loads. I've tried a few different ones
Ok, that makes sense. So the revenue is accumulating in the Treasury, being allocated to insurance fund, etc. and at some point in the future can be allocated to holders. But in the interim the floor on valuation is a multiple of implied forward revenues?Noรฉ
Globablly yes - revenue accumulates in the Treasury, which is in the future controlled by USUALx holders, and in the meantime, it gives classic finance metrics to $USUAL, such as Earnings per Token. Then, there's the disinflation, increasing those EPT over time, and of course speculation on future Revenue Switch etc.
CryCasher
tvl -200million and revenue -10 million in 2 days
Well it depends, my assumption is that we'll want for the revenue switch to be voted by the DAO, in its "final" form. But that's my assumption - it could be actually sooner if there's a real need for it.musashi
Ok, that makes sense. So the revenue is accumulating in the Treasury, being allocated to insurance fund, etc. and at some point in the future can be allocated to holders. But in the interim the floor on valuation is a multiple of implied forward revenues?
CryCasher
kk
musashi
Sounds like not activated yet. Which makes sense, takes time to build.
No worries. Iโm just trying to understand. Given the above, itโs fair to assume itโll be some time before the revenue switch can be turned on then?Noรฉ
Well it depends, my assumption is that we'll want for the revenue switch to be voted by the DAO, in its "final" form. But that's my assumption - it could be actually sooner if there's a real need for it.
CryCasher
where is vote website
I understand that sir, but there was probably some confusion here: when I talked about voting on a revenue-switch, it was implied that this would happen when DAO is fully live.
Basically, just like other protocols, until the core features are ready, up and running, the protocol is managed by the Labs.musashi
No worries. Iโm just trying to understand. Given the above, itโs fair to assume itโll be some time before the revenue switch can be turned on then?
.. ok, so I mean, Iโm currently a big liquidity provider (well into 6 figures) for you all, and all I really expect is to be treated respectfully as I try to understand the valuation and emission rate of your protocolNoรฉ
I understand that sir, but there was probably some confusion here: when I talked about voting on a revenue-switch, it was implied that this would happen when DAO is fully live. Basically, just like other protocols, until the core features are ready, up and running, the protocol is managed by the Labs.
It's not possible ser, even if they go bust, we're still the owner of those t-bills, they aren'tmusashi
.. ok, so I mean, Iโm currently a big liquidity provider (well into 6 figures) for you all, and all I really expect is to be treated respectfully as I try to understand the valuation and emission rate of your protocol
Noรฉ
It's not possible ser, even if they go bust, we're still the owner of those t-bills, they aren't
CryCasher
seller preasure
XIUXI
why usual dump 0.9
Noรฉ
just like for every other protocol
like, right now
Noรฉ
Yes - basically, until the DAO is fully activated, the protocol is controlled by the Labs
badman
who knows man
Noรฉ
How could they go bust sir, they only tokenize treasury bills for clients
I mean, basically, it's more detailed in our docs
badman
or hashnote
Realistically the only way a real depeg could occur is if the underlyingf in this case hashnote went bust correct?Noรฉ
Only if the U.S Governement falls
Noรฉ
USUALx gets 10% of the USUAL emission (few stakers = lot of rewards to share). The $USUAL emission is revenue-based, meaning, $USUAL is only minted when Revenue enters the protocol (such as 1 USUAL = XX$ of revenue). Furthermore, it's disinflationary, meaning, as TVL and Revenue grows, less $USUAL are minted for the same amount of revenue, increasing implied value per token.
Noรฉ
send the screenshot, I'll tell you if it's true or not
Until the DAO is activated, yes, the protocol is controlled by the Labs (team), but when full decentralization is activated, all stakers can votemusashi
Ok, so youโre calling me a liar when what I said is currently factually correct?
badman
Realistically the only way a real depeg could occur is if the underlyingf in this case hashnote went bust correct?
musashi
Iโm talking about the Usual* owners
RubixTheCube
12/31/2024 at 09:23:49 ESTAnd Iโm guessing the 338% yield on USUALx is from the protocol income orrr?
badman
because user deposits are locked up in treasury bonds 1:1 anyways
ye thought so, so that post is basically misinformation right, I was wondering wtf $usuals value had to do with depegbadman
ye thought so, so that post is basically misinformation right, I was wondering wtf $usuals value had to do with depeg
Noรฉ
we're not Luna lmeow
Just asking because of a post I saw, because why would the price of ususal trigger a depeg in usd0Noรฉ
$USUAL has nothing to do with USD0's or USD0++'s peg
RubixTheCube
12/31/2024 at 09:22:48 ESTOh. Sorry got it mixed up. Looked at the wrong thing
if the value of usual drops theres nothing the team does right? user deposits for usd0 dont go to help save usuals price correct?Gunner funk
Usualx will have some intrensic value considering the revenue switch
Noรฉ
USD0++ doesn't yield 300% sir, it yields around 40% currently - the 300% yield is for USUALx
if the value of usual drops theres nothing the team does right? user deposits for usd0 dont go to help save usuals price correct?
Clayboi Parti
how can one opt in?
If you just funnel the revenue from the treasury to a group of users without doing anything else, you're basically removing the entire revenue-based mechanism, and son, the Earnings per Token and so on
Usual
RubixTheCube
12/31/2024 at 09:20:53 EST@Noรฉ sorry for the ping, I would like to ask something. Iโm trying to figure out where the 300% yield on USD0++ come from? Are these just mostly incentive rewards? Because I doubt that the base yield is that high.
The documentation literally says that, Iโll pull a screenshot. Would love to have that explainedNoรฉ
Until the DAO is activated, yes, the protocol is controlled by the Labs (team), but when full decentralization is activated, all stakers can vote
if the value of usual drops theres nothing the team does right? user deposits for usd0 dont go to help save usuals price correct?Mava (AI Support)
Correct, the team does not use user deposits for USD0 to directly influence or save the price of USUAL. The value of USUAL is tied to the protocol's cash flows and governance mechanisms, not directly to user deposits for USD0. Reference: 1
Mava AI Betaif the value of usual drops theres nothing the team does right? user deposits for usd0 dont go to help save usuals price correct?Usual
badman
if the value of usual drops theres nothing the team does right? user deposits for usd0 dont go to help save usuals price correct?
musashi
The documentation literally says that, Iโll pull a screenshot. Would love to have that explained
Noรฉ
That's a pure lie, USUALx and USUAL* can vote lol
CryCasher
which website
musashi
But votes are controlled by insiders until further notice per documentation
Noรฉ
pure revenue switch doesn't make sense btw
Noรฉ
If DAO votes for it later on
ilo00o
If you donโt mind me asking, how long has this project been in the works @Noรฉ
$USUAL is revenue-based, meaning that $USUAL is only minted in exchange of revenue entering the Treasury, giving it clear TradFi financial metrics, such as Earnings per Token (1 USUAL = XX$ in revenue).
It's protocol equity, giving users yield, growth exposure, governance and treasury ownership.RubixTheCube
12/31/2024 at 09:18:27 ESTNot taking about pools.
Noรฉ
$USUAL is revenue-based, meaning that $USUAL is only minted in exchange of revenue entering the Treasury, giving it clear TradFi financial metrics, such as Earnings per Token (1 USUAL = XX$ in revenue). It's protocol equity, giving users yield, growth exposure, governance and treasury ownership.
Mava (AI Support)
The high yield, such as 300%, is likely due to incentive rewards. Usual allocates a portion of its $USUAL emissions to reward various pools, including Curve pools, which can result in high yields. This is because only a small percentage of the total TVL is being utilized in these pools, while a larger portion of rewards is shared among them.
Mava AI BetaRubixTheCube
12/31/2024 at 09:17:44 ESTWhere do the 300% yield come from then? Incentive rewards?
CryCasher
after 5 days there is a breach on treasury
ilo00o
Just enjoy the ride
Ahh no stress folks
CryCasher
i dunno
Gunner funk
It's sitting in the treasury
RubixTheCube
12/31/2024 at 09:16:56 ESTIs that where the 300% will come from or what
Gunner funk
Now show the flywheel with $USUAL lower ๐
musashi
Until that point, where do the earnings go?
CryCasher
but revenue switch still off
CryCasher
flywheel = unlimited yield and money
musashi
When will revenue switch come on?
Noรฉ
please just read the whitepaper or article about $USUAL lmeow
Noรฉ
that still doesn't tell me where you read that ser
musashi
That mechanism would make sense .. but if itโs not activated, would explain current price dynamic. Just tons of emission dumping on price
This still doesnโt make sense. There are protocol revenues denominated in USD, where do those go?Gunner funk
After revenue switch. Uausalx holder's start getting paid in USD0
musashi
This still doesnโt make sense. There are protocol revenues denominated in USD, where do those go?
RubixTheCube
12/31/2024 at 09:13:03 ESTSo 300% majority of it is in USUAL tokens?
Mava (AI Support)
USD0++ achieves high yields through its innovative yield distribution mechanisms. The yield is distributed in the form of $USUAL tokens, which are governance tokens of the Usual protocol. The yield rate is variable and depends on the market price of $USUAL tokens. Additionally, USD0++ benefits from the Base Interest Guarantee (BIG) mechanism, ensuring a minimum yield equivalent to the risk-free yield of the USD0 collateral. This combination of factors allows USD0++ to offer potentially high yields. References: 1,2
Mava AI BetaRubixTheCube
12/31/2024 at 09:12:15 ESTQuestion. How does USD0++ get such high yield of 300%?
Noรฉ
I'd advise reading the docs
How are protocol revenues returned to usual holders? USD0++ and Usualx seem to both be paid out in Usual tokens .. are usual tokens bought back and burned?Mava (AI Support)
Protocol revenues are distributed to holders through the $USUAL token, which is revenue-based. USD0++ holders receive rewards in $USUAL, and USUALx, the staked version of USUAL, also receives a share of the emissions. Some of the USUAL tokens are burned, while others are allocated to different buckets, including USUALx. This mechanism helps in maintaining the value and scarcity of the $USUAL token.
Mava AI Betamusashi
How are protocol revenues returned to usual holders? USD0++ and Usualx seem to both be paid out in Usual tokens .. are usual tokens bought back and burned?
Noรฉ
idk where you read that sir
Noรฉ
There's no buyback right now
olaff6283
It's visible on-chain ?
i0sm3
Will usd0 get listed on binance? Or does it have to reach certain tvl to be able to?
olaff6283
You buyback usual with usyc yield at wich frequence ?
Why there is price difference usual <-> usualx?
when i change usual to usualx, it's more higher than usual. (1 <-> 0.873)Mava (AI Support)
The difference in value between USUAL and USUALx is because USUALx acts like a vault share, representing your share of the vault and rewards. When you stake USUAL, you receive USUALx, which is proportional to your share of the rewards, not a direct 1:1 conversion. This is why you might see a difference like 1 USUAL converting to 0.873 USUALx.
Mava AI Betashiningbell
Why there is price difference usual <-> usualx? when i change usual to usualx, it's more higher than usual. (1 <-> 0.873)
Noรฉ
# ๐ใofficial-links
oompaloompa
Usual documentation to understand how it's operating and products offered ?
Noรฉ
oompaloompa
where can i see historical apy for usualx ?
Mava (AI Support)
USUALx is the staked version of USUAL, offering governance participation, economic rights, and compounding rewards. Stakers benefit from 10% of all USUAL distributions and 33.33% of system fees, ensuring consistent value flow.
Mava AI Beta
Gabee
@Mava (AI Support) what is usualx?
Gabee
@Mava (AI Support) what is usualx
oompaloompa
what's usual x
ravished
Im talking about the protocol revenue from AUM and fees
Mava (AI Support)
You can view your $USUAL tokens and the associated revenue accumulating in real time on the Home page or in the Earn section of the dApp. A detailed breakdown of all your positions will be fully tracked and updated.
Mava AI Betaravished
Where does it show the revenue of usual?
badman
0.0004 more till $1.
staycool
If you panic just sell it 
Noรฉ
Right now, USD0 is mostly backed by USYC and M
Mava (AI Support)
Noรฉ
You need to be onboarded by our collateral provider in order to redeem for USYC
Clayboi Parti
does usd0 also hold USDL along with USYC?
@Mava (AI Support) when i send my USD0++ to Ledger wallet, future rewards also accrue on that Ledger wallet?0x_mate
@Mava (AI Support) when i send my USD0++ to Ledger wallet, future rewards also accrue on that Ledger wallet?
Waterfall
Hi there, Is USUALx reward auto compounding?
louixiii
Itโs bad
Lucky Boy
I take people in deep waters then they discover themselves.
famousfxck
Not available yet through Usuals website, but you can redeem it on Hashnotes website. However 100K$ minimum and KYC
Lucky Boy
Good day how our little investors doing? ๐
badman
I don't think you can do that yet, I was looking for it too.