#
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 13 of 74
BingChilling
did you see btc supply increase in old days ? 50btc permine lol
The Southerner
They should correct the algorithm of the supply, it is a disaster.
Lucky Boy
so how do we correct?
The Southerner
I am viewing the supply and the price from two days, the same phenomena occurs
Lucky Boy
I sold half bought stx looks a good oppurtunity to enter stx. But ill buy more usual when gets to .6
HeyHo
folks, any youtube video to talk about usual?
BingChilling
same with btc ponzinomic tech is bad today
liljeetlambo
12/30/2024 at 23:11:37 ESTWhere do u see this
Mava (AI Support)
The unstaking process may use different methods depending on the platform's integration with third-party swap pools. When using a swap, it is not considered an exit, so there is no 10% exit fee, but the price may fluctuate due to supply and demand in the pool. The system automatically selects the best path for the user based on factors like slippage and exit fees. If the amount is large and slippage is high, the system might recommend the unstake channel, which incurs a 10% fee.
Mava AI Beta
joker
Why sometimes unstake uses uni and sometimes not
BingChilling
nice i can buy more
liljeetlambo
12/30/2024 at 23:11:03 ESTIt needs to bounce quick tbh
The Southerner
The algorithm is a disaster
liljeetlambo
12/30/2024 at 23:10:39 ESTThat usual chart looks ugly af.
The Southerner
Supply 507- to 509 in 20 minutes, price drop again, see you in 0.85-0.9
BingChilling
are we talking price action or MC ? it will increase again in march 2025 season 3 airdrop ? lol he said there is no bad performance after listing that's a lie
Thats what we want so we can accumulate more.
Please dump it again to 0.2 entry.
Im gladly become bottom buyerBingChilling
maybe im lucky twice ?
Einzig
But ethena's MC has doubled via Season 2 airdrop
Einzig
Revenue Switch is a mechanism built for USUALx to protect USUALx long-term holder. Now the time to activate is.
Usual is not a rewards tokens, the only supply in the market for usual comes from the algorithm of usual and unstacked usual, There is 2M daily injection, it keeps the price down and down, each 5%-9% increase in the price they inject new coins, check the curve behind the USUAL, you will understand that there is an algorithmic work behind the scene, like Luna,it is the algorithm who created the crash, they should change it or optimize it at least.Einzig
USUAL is NOT a reward token. But USUALx is.
BingChilling
ofc u never in crypto more long lmao study scroll,starknet,blast,etc etc
Dean - Founder GameonForge
Never seen any project performance listing so bad like this ๐คฃ
BingChilling
wish more before january inevitable pump
liljeetlambo
12/30/2024 at 23:00:53 EST6 red days in a row an not even small reds
BingChilling
study moon cycle lol december evil moon i called it miles away. i need it to make a new low so i can full port. i missed my 0.2 entry maybe i can get it again
Dean - Founder GameonForge
0,6$ ๐
liljeetlambo
12/30/2024 at 22:58:49 ESTNot just down to btc. We lost 1 now. A lot of tokens been steady holding up but this has been red big every day since 1.50
BingChilling
btc and mstr yes obliterated
Mava (AI Support)
Yes, by holding USUALx, you are entitled to rewards. USUALx acts as a vault share, meaning rewards are auto-compounded into its value. You won't see 'Pending Rewards,' but the value of your USUALx increases over time, reflecting the accumulated rewards.
Mava AI Betajoker
I bought usualx directly from uni, can I get any rewards?
liljeetlambo
12/30/2024 at 22:54:16 ESTPrice is getting obliterated. Damn horrible reading
The Southerner
Usual is not a rewards tokens, the only supply in the market for usual comes from the algorithm of usual and unstacked usual, There is 2M daily injection, it keeps the price down and down, each 5%-9% increase in the price they inject new coins, check the curve behind the USUAL, you will understand that there is an algorithmic work behind the scene, like Luna,it is the algorithm who created the crash, they should change it or optimize it at least.
Lucky Boy
Its a rewards token man. Usd0 is the real thing at end of the daily launchpool you sell the rewards token
CongQ
https://tenor.com/view/do-something-comeon-stickman-bored-gif-22722853
Lucky Boy
Turn on the revenue thing
CongQ
yeah its been down for 5 consecutive days, blah blah blah market blah blah blah
Lucky Boy
Bro we usualx holders are fully exposed
@CongQ more or less 100m vanished from mcap in just 2 days..
Einzig
where is DAO? I think we shall activate the revenue switch to protect usualx holder
deannguy3n
Time to buy more USUAL !!!
Lucky Boy
Yeah. That
CongQ
mixed u up with the other guy
my b, u r talking about $USUAL mcap
oh
its not a secret, infomation is there in the plain open
CongQ
you can check it on explorer yourself
Lucky Boy
I dont think so the market cap was 612m two days ago now its only 480m
CongQ
mostly de-leveraging from Morpho, are you familiar with borrowing from Morpho?
Lucky Boy
This is not retail 10m vanished from market cap.
Gunner funk
Then how does it effect the protocol revenue
Mava (AI Support)
No, Curve LP tokens themselves do not directly go towards U.S. Treasury Bills. However, when you provide liquidity in the USD0/USD0++ Curve pool, you earn $USUAL rewards. The underlying collateral for USD0 and USD0++ includes tokenized short-term U.S. Treasury Bills, but the Curve LP tokens are separate from this process.
Mava AI BetaGunner funk
Curve LP dosent go towards T bills isn't it
Mava (AI Support)
The revenue drop is likely due to the decrease in Total Value Locked (TVL) in the protocol. When liquidity is withdrawn from Curve, it reduces the TVL, which in turn can decrease the revenue generated by the protocol. This is because the protocol's revenue is often tied to the amount of assets it manages, and a lower TVL means fewer assets to generate revenue from.
Mava AI BetaGunner funk
Why did the revenue drop as the tvl pulled out are liquidity tokens from curve
CongQ
mostly de-leverage
Gunner funk
How did the TVL drop from 1.81 to 1.78 Billion
CongQ
yeah a lot of people are de-leveraging from borrowing, haven't seen a lot of true pulling tho.
ไธๅฮนไธใฉฮน
12/30/2024 at 21:22:35 ESTI already got it at defillama, the TLV has dropped a little bit
ไธๅฮนไธใฉฮน
12/30/2024 at 21:18:39 ESTIsn't it a requirement to comply with the Mica law to be able to be in a European exchange?
CongQ
No, it just means that USD0 is not subjected to the same MiCA rules that applies to centralized entities like Tether
CongQ
No, why
CongQ
we're already listed on Binance
ไธๅฮนไธใฉฮน
12/30/2024 at 21:17:28 ESTusd0
ไธๅฮนไธใฉฮน
12/30/2024 at 21:17:16 ESTdoes this mean we will never be able to be listed on exchanges?
CongQ
RWA
ไธๅฮนไธใฉฮน
12/30/2024 at 21:15:45 ESTin what category do i get usual in defillama?
CongQ
we dont need to be MiCA approved, we're not a centralized RWA holder
ไธๅฮนไธใฉฮน
12/30/2024 at 21:04:22 ESTis it real?
CongQ
def wouldn't recommend, mines a gift from my ISP
from another server, u can use emojis cross servers if u get discord nitro
Lucky Boy
How do you get the kek emoji?
CongQ
https://tenor.com/view/do-something-comeon-stickman-bored-gif-22722853
Lucky Boy
Dont sleep do something hahaha
Sheikh: i sleep
Lucky Boy
Dear Sheikh if you are lurking please stop shorting the thing so we can finally moon ๐คฃ
0xports
That's bs, it would be way different the first generation but everything after would be way better
Aerovall
+1 to this
yns94
+1
famousfxck
No discrimination against anyone as long as they donโt hurt or fight each other
Yeah probably
Lucky Boy
I think he needs liquidity no taxes in dubai plus he gets golden visa
famousfxck
Thatโs just because of trend tbh
Lucky Boy
He went to dubai kissed their asses
OxygenG
wtf is wrong with ledger
Lucky Boy
No wonder tate top-g converted to I.s.l.a.m
CongQ
a lot of people actually treat 'science' the same way people treat religions, blindly trusting without knowing the underlying methodologies
Itโs something in our DNA, even if you donโt believe in god. Once you hit the bottom in your life youโre gonna ask for it regardless
Usual
famousfxck
Itโs something in our DNA, even if you donโt believe in god. Once you hit the bottom in your life youโre gonna ask for it regardless
CongQ
coming from an atheist
yeah honestly atheist is a religion in itself
Usual
famousfxck
In hard times people seek to a higher being for help
how is religion still such a big thing, im really wondering, why are people still believing all thatfamousfxck
Without religion the whole world would collapse lol
Lucky Boy
Stop fuking offending this people ๐คฃ๐คฃ
Lucky Boy
Its that fuking sheik who shorting at 1.3.
yns94
Bro dont know how to scam
Lucky Boy
Hahaha
RedKrow
But maybe im wrong
I do realise now that usual Coin itself รฎs not so important.
Maybe you want some consultant in your organization for inclusion and diversity and building a respectul workplace ๐คฃ0xports
a consultant who checks if anything you do is haram hahaha
how is religion still such a big thing, im really wondering, why are people still believing all thatLucky Boy
Because in middle east its whats decides everything and there a lot money there
Maybe you want some consultant in your organization for inclusion and diversity and building a respectul workplace ๐คฃCongQ
true true, gotta stop the wolf of wall street sht๐คฃ
0xports
how is religion still such a big thing, im really wondering, why are people still believing all that
famousfxck
More than normal banking, thatโs why itโs banned in most countries
0xports
hahahah a loophole to not make god angry ๐ funniest shxt i have heard all day, the moment you are standing in front of the paradise: god asking: what did you do there with the interest my guy??? - no god that was a loophole!! seee??
famousfxck
Islamic banking is incredibly profitable btw
Lucky Boy
From my experience they take religion seriously and they have money bunch of trillionaires there
famousfxck
But the revenue is haram because itโs from t bills ๐๐
CongQ
i honestly dont have the slightest clue what is haram what is halal
famousfxck
Because you receive money from real revenue
Not necessarily i worked with islamic banking before.. they have the same thing but they call it differently. What is forbidden is taking lending and taking it out as interest but they have the same version but they have some loop hole to make it halal. When you make a loan in any bank in middle east there is no interest but they have some technical loophole .. to profit they dont call it interest but its something to that effectfamousfxck
Tbh USUALx isnโt haram
Lucky Boy
Not necessarily i worked with islamic banking before.. they have the same thing but they call it differently. What is forbidden is taking lending and taking it out as interest but they have the same version but they have some loop hole to make it halal. When you make a loan in any bank in middle east there is no interest but they have some technical loophole .. to profit they dont call it interest but its something to that effect
Mava (AI Support)
The amount might decrease due to several factors such as changes in the underlying interest rates, governance adjustments, or fluctuations in the market price of $USUAL. These factors can affect the rewards and APY, leading to variations in the amount you see. Additionally, if more people stake, the rewards are shared among more participants, which can also affect the amount you receive.
Mava AI BetaMava (AI Support)
No, the amount of staked USUAL itself does not reduce over time. However, if you choose to unstake, a 10% fee is applied to the unstaked amount, which effectively reduces the amount you receive back. This fee is used to reward long-term stakers.
Mava AI Beta0xports
mava, but why does the amount cedrease sometimes, dhound the number only go up?
RedKrow
The amount of staked usual can reduce รฎn time?
Mava (AI Support)
The amount you see when simulating an unstake can fluctuate due to changes in the value of your vault share over time. As your vault share increases in worth, the amount you can withdraw also changes. This fluctuation reflects the rewards accumulated over time, minus the 10% unstaking fee.
Mava AI Beta0xports
mava, why is the amount flucutating when i want to see what i get if i would unstake?
'unstaking via lp' basically just means exchanging your USUALx for USUAL with liquidty providers, the amount shown on debank is the current rate excluding the unstake fee i believe, 2nd part im not sure0xports
ah thanks, and why is the amount flucutating when i want to see what i get if i would unstake?
can you explain how to unstake via lp and how it effects what i get from unstaking, like when can i unstake the exact amount it shows me on debank?CongQ
'unstaking via lp' basically just means exchanging your USUALx for USUAL with liquidty providers, the amount shown on debank is the current rate excluding the unstake fee i believe, 2nd part im not sure
RedKrow
Good answer
Usual
SatoshiXXX
I see when usual down, you guys discuss religion
Mava (AI Support)
To release 4 billion tokens over 4 years, you would need to release approximately 2,739,726 tokens daily. This is calculated by dividing 4 billion by the total number of days in 4 years (which is 1,461 days, accounting for one leap year).
Mava AI BetaRedKrow
To release 4 billion tokens in 4 years how many must be released daily?
LP is currently one sided, yesterday a lot of people unstaked via LP, primary unstaking only has 10% unstake fee, try use the unstake function on the website0xports
can you explain how to unstake via lp and how it effects what i get from unstaking, like when can i unstake the exact amount it shows me on debank?
Mava (AI Support)
Yes, it is possible to have 0 token release in a day. The release of tokens can depend on various factors such as the protocol's distribution schedule, market conditions, or specific events that might pause or delay token distribution.
Mava AI BetaRedKrow
Is possible to have 0 token release in a day?
0xports
its just delusional to me how someone can let his life be controlled so strong by an old book and people who thought the gods were angry if it thunders
cryptonate007
Ok thanks.. and each holder UsualX value is different then ?
yns94
But anyway we are all winning money so thats good
if you sell something what someone else buys, and later on market fell and you buy it back you won the money the other one lost by buying it earlieryns94
I think im not the best person to explain it, i see what you want to say my friend
0xports
if you unstake youget out more then you put in
cryptonate007
So my usualX value can be different from someone else value ? Depends on the amount ?
cryptonate007
How do u mean ? I still don't get it ..
0xports
if you sell something what someone else buys, and later on market fell and you buy it back you won the money the other one lost by buying it earlier
Hi everyone ... can someone answer me a simple question about the UsualX rewards ??? I have been bought usualX like 10-12 days ago and I still didn't see any more coins come in the wallet .. why is that??? It says it's autocompound, so where and when will I start getting usualX rewards???Mava (AI Support)
When you stake USUAL into USUALx, your rewards are auto-compounded every block. This means that the amount of USUALx you hold increases inherently, but you won't see additional coins directly deposited into your wallet. Instead, the value of your USUALx increases over time. You can see the rewards when you try to unstake your USUALx.
Mava AI Betacryptonate007
Hi everyone ... can someone answer me a simple question about the UsualX rewards ??? I have been bought usualX like 10-12 days ago and I still didn't see any more coins come in the wallet .. why is that??? It says it's autocompound, so where and when will I start getting usualX rewards???
0xports
you dont understand trading i guess, you can also win/lose money by shorting a market
yns94
And he bought it
Not really because in trading ive just sold something
0xports
bro trading is way worse then staking, by trading everytime you win money you take it from someone else who lost it
yns94
By trading and long term keeping
Mava (AI Support)
USUALx is lower than 1 USUAL because USUALx acts like a vault share, representing your share of the vault and rewards. The conversion rate is not 1:1 because it reflects your proportional share of the rewards, not a direct 1:1 exchange.
Mava AI BetaRedKrow
Why usualx is lower than 1 usual?
Well i see what you mean but I don't have the science to explain it properly, but when you think about it and study interests in general, it's a very bad thing for you and others.0xports
so how exactly do you earn the money in this sapce?
bro like fxck them, its my only life, if i can earn money bc i have this opportunity i take it, i will die later on, i dont want to die working 9 to 5 if i dont have to xd
bro religion is wild haha, want to keep them from earning money in a smart way xd, i guess you live your only life in a way were you purposely waive good opportunites bc an old book told you soyns94
Im not loosing too much money anyway so its a win win hahaha
but the others decided to do it, you didnt force them or manipulate them, and staking isnt taking money from others lossyns94
Well i see what you mean but I don't have the science to explain it properly, but when you think about it and study interests in general, it's a very bad thing for you and others.
0xports
bro religion is wild haha, want to keep them from earning money in a smart way xd, i guess you live your only life in a way were you purposely waive good opportunites bc an old book told you so
0xports
but the others decided to do it, you didnt force them or manipulate them, and staking isnt taking money from others loss
seems like they wanted to keep their pendants working hard so it would benefit the community, sounds like smth from the 15 hundredsyns94
Its complicated to explain but in general its because you take money from other loss
CongQ
LP is currently one sided, yesterday a lot of people unstaked via LP, primary unstaking only has 10% unstake fee, try use the unstake function on the website
Any kind of money interest if you put money in a place and you come after like 1 day and you have more without doing anything0xports
seems like they wanted to keep their pendants working hard so it would benefit the community, sounds like smth from the 15 hundreds
yns94
Any kind of money interest if you put money in a place and you come after like 1 day and you have more without doing anything
0xports
i dont get it
CongQ
So it forbids compouding? Or forbids any kind of interests
yns94
We cant
yns94
Bro its like interest hahahaha
CongQ
TIL
I dont stack because i cant due to my religion and im just making my daily profit with usual and some other token0xports
which religion forbids staking in the defi space xd
yns94
I dont stack because i cant due to my religion and im just making my daily profit with usual and some other token
makio
Why did the pond withdraw
so hashnote is one of the providers for USD0's on-chain Tbills, but you need a whitelist to be able to exchange USD0 to USYC directly, and USYC can be exchanged for PYUSD or USDC using hashnote's primary redeem at 1:1 ratio0xports
but you can swao USD0 to PYUSD directly, but not 1:1 and with hashnote you dont lose money while swapping i guess?
other question i was asking myself, what if they cant pay the apr anymore in the future, then also a bankrun will occurr, 45% for a stablecoin is crazy highCongQ
yeah i do agree current yield wouldn't last for too long
CongQ
so hashnote is one of the providers for USD0's on-chain Tbills, but you need a whitelist to be able to exchange USD0 to USYC directly, and USYC can be exchanged for PYUSD or USDC using hashnote's primary redeem at 1:1 ratio
dont forget to take some profit if u put much money on usual, i kept like 70% of the coin i bought at 0.3 and the other i trade them everytime it pump or dump but im happy for you my friend0xports
why dont farm delta neutral, i short usual while staking
I did this with USUAL. Before that, i was down -20% of my capital, now im +80% (at 1.1dlls). My wife also got some USUAL, she Is +300%.yns94
dont forget to take some profit if u put much money on usual, i kept like 70% of the coin i bought at 0.3 and the other i trade them everytime it pump or dump but im happy for you my friend
0xports
yeah i didnt get that sentence
CongQ
you can actually onboard hashnote with just 100k investment yourself, which opens primary market exchange opportunity for USD0
0xports
other question i was asking myself, what if they cant pay the apr anymore in the future, then also a bankrun will occurr, 45% for a stablecoin is crazy high
0xports
sure haha
CongQ
but everyone should consider their risk factor, in Q1 we would probably see some extreme volatility either way
JACH
I did this with USUAL. Before that, i was down -20% of my capital, now im +80% (at 1.1dlls). My wife also got some USUAL, she Is +300%.
CongQ
and long term long term, not crypto long term which usually just means more than 1 month๐คฃ
welp, everyone has their own target, i don't see my target being hit in the near future, so it's a long term investment for me.
my crypto portfolio isn't that big in whole comparing to other assets tbh, i still do believe at its current stage is still a inherently very risky space.
yns94
I will not say its stupid but without this mindset i would have made 0$ in crypto, but anyway i see what you mean
0xports
what would be a sign that you take your money out? (besides apr getting too low)
CongQ
well yeah but nothing is without risk, i just like the product, design and the team behind it, aaaaaaaand its still crypto
0xports
nah thats stupid
yns94
There is always a risk but you know when you believe in a project you have to all in ๐
0xports
so you see a bright future for the next years without any major risks to the protocol?
CongQ
not BIG big, but yeah๐คฃ
CongQ
yeah
0xports
@CongQ are you invested big in usual?
for example you create a stablecoin designed to be pegged 1:1 to the USD, but using crypto native assets lets say ETH as collateral.CongQ
for example you create a stablecoin designed to be pegged 1:1 to the USD, but using crypto native assets lets say ETH as collateral.
yns94
Thats better haha
CongQ
yeah, poof
yns94
What do you mean by undercollateralization ?
0xports
hm idk, difficult for me to fully understand it since im from germany and all the english specific words are hard to connect in my brain to understand the topic
CongQ
4weeks for this size on primary is considered extremly liquid tbh
you're not trading on primary, retails are 99% on secondary
CongQ
it will always have a 1:1 on the primary market
those who have the privilege to exchange on the primary market will see it as a great arbitrage opportunity0xports
you cant trade an arbitrage if the asset doesnt recover
Usual
CongQ
those who have the privilege to exchange on the primary market will see it as a great arbitrage opportunity
when the underlying asset isn't liquid enough, yes, that's another problem of the underlying assets you choose to collaterize with, liquidity, and USD0's underlying are short-term tbills mostly 4weeks.0xports
4 weeks is pretty long
Lucky Boy
Great ok got it
famousfxck
Btw added you @CongQ
CongQ
everything's on chain
the issue with rwa is that if liquidity is needed to quick you cant get the liquditiy from the rwa quick enoough which then results ina bank runCongQ
when the underlying asset isn't liquid enough, yes, that's another problem of the underlying assets you choose to collaterize with, liquidity, and USD0's underlying are short-term tbills mostly 4weeks.
Lucky Boy
So whats stopping this to be in an frc type of situation then?
honestly everyone in the space wants to "get in early" on some next big thing, but when 95% actually do 'get in early', they just don't have enough knowledge to understand the development, it's actually not a matter of luck and timing when you think about it, its the knowledge gap.BingChilling
Yes after they get in early They don't have patient to wait and let the project grow It need time
CongQ
just like fractional reserve doesn't have to keep your deposit in 100% reserve. doesn't mean its good, it just exists
0xports
the issue with rwa is that if liquidity is needed to quick you cant get the liquditiy from the rwa quick enoough which then results ina bank run
which then in a bank run event would lead to its demise
ไธๅฮนไธใฉฮน
12/30/2024 at 19:09:27 ESTBro, I put it and there I see it, I don't know what to tell you.
CongQ
if it's not, it has delta exposure which could lead to undercollateralization
Mava (AI Support)
The underlying asset does not necessarily have to be the same as the currency it is pegged to. In the case of USD0, it is a USD-pegged stablecoin backed by U.S. Treasury Bill tokens, which are real-world assets (RWAs). This backing provides security and stability to maintain the peg to the USD. The concept of pegging a currency to an underlying asset is to ensure stability and trust in the value of the currency, which can be achieved through various types of assets, not just the same currency. Reference: 1
Mava AI Beta0xports
since when has the underlying asset have to be the same you peg the currency to
CongQ
stablecoins =/= RWA, and USDR was just a classic rugpull, the underlying asset wasn't even the one it was trying to peg at the start
honestly everyone in the space wants to "get in early" on some next big thing, but when 95% actually do 'get in early', they just don't have enough knowledge to understand the development, it's actually not a matter of luck and timing when you think about it, its the knowledge gap.ไธๅฮนไธใฉฮน
12/30/2024 at 19:05:51 ESTI totally agree, and that plays in favor of those who only buy the usual spot. Lucky are those who mint but they will not be able to mint as much when a bull market approaches that promises so many benefits in so many projects.
honestly everyone in the space wants to "get in early" on some next big thing, but when 95% actually do 'get in early', they just don't have enough knowledge to understand the development, it's actually not a matter of luck and timing when you think about it, its the knowledge gap.famousfxck
W mindset
famousfxck
Bro 200 MA is incorrect if a trading pair isnโt 200 days maturity
Lucky Boy
Please turn on the usualx rewards everytime usual is sold. Or something that effect
0xports
usdr
Ok i got that. But im trying to point out flaws. Because whats stopping a sheikh from the middle east who is shorting at 1.3 along with the sell off of the rewards tokenCongQ
yeah its just how market works honestly
honestly everyone in the space wants to "get in early" on some next big thing, but when 95% actually do 'get in early', they just don't have enough knowledge to understand the development, it's actually not a matter of luck and timing when you think about it, its the knowledge gap.Lucky Boy
Ok i got that. But im trying to point out flaws. Because whats stopping a sheikh from the middle east who is shorting at 1.3 along with the sell off of the rewards token
CongQ
USDC was corrected relatively quickly, UST wasn't RWA
honestly everyone in the space wants to "get in early" on some next big thing, but when 95% actually do 'get in early', they just don't have enough knowledge to understand the development, it's actually not a matter of luck and timing when you think about it, its the knowledge gap.0xports
its a rwa, the depeg will come
CongQ
honestly everyone in the space wants to "get in early" on some next big thing, but when 95% actually do 'get in early', they just don't have enough knowledge to understand the development, it's actually not a matter of luck and timing when you think about it, its the knowledge gap.
0xports
debank says its worth 2630
damn, earlier today i could unstake 2609 (i put 2587 into it) an hour ago only 2577, now only 2511, that is crazy
Lucky Boy
That is still in the future.. for now it has no other function but only for usd0++ rewards
ไธๅฮนไธใฉฮน
12/30/2024 at 18:54:25 ESTTradingview has the premarket record and on a 4-hour chart if it comes out
Mava (AI Support)
USUALx has the same value for everyone in terms of USD. However, it represents a share of the vault, so the value in terms of USUAL may vary based on the staking date and accumulated rewards.
Mava AI Beta
AM
Is USUALX value same for everyone or personal to anyone holding a USUALX position
Mava (AI Support)
No, you do not need to keep your wallet connected to accrue USUALX yield. USUALX acts like a vault share, meaning your rewards are automatically compounded and reflected in the value of your USUALX over time.
Mava AI Betafamousfxck
Brother how is there a 200 moving average if the coin isnโt even that old??
AM
Hi, do I need to keep my wallet connected to accrue USUALX yield?
ไธๅฮนไธใฉฮน
12/30/2024 at 18:52:52 ESTI actually didn't say anything, keep up the good work USUAL team! good job! ๐ ๐
ilo00o
Anyone in here into NFTs?
Mava (AI Support)
You are welcome to discuss NFTs here. There is no restriction on discussing NFTs, and it will not get you banned. Feel free to ask any questions or share your thoughts on the topic.
Mava AI Betailo00o
Are we allowed to talk about NFTs in here or will that get me banned?
ไธๅฮนไธใฉฮน
12/30/2024 at 18:49:37 ESTAfter talking to Mava the bot, I now have a better perspective, since it will not be possible to mint forever, I just have to sell my tokens and monitor the minting and watch the price action. Yesterday it almost crossed the 55 moving average from bottom to top, the 200 moving average, that is about to happen and if it goes down as the minting is doing, it is a matter of time.
USUAL is a very TradFi design with DeFi benefits imho
famousfxck
CongQ is aware
Lucky Boy
Thats what happening now my friend watch
CongQ
If you have enough to short the USD, even USD will go down, but the intrinsic value doesnโt. So arbitragers will swarm in
famousfxck
Then youโre probably gonna be liquidated by a scam pump ๐๐
CongQ
Itโs not crypto native revenue which could be wiped out in one go
famousfxck
Full staking everything and havenโt sold a single penny
Lucky Boy
meaning if i short a couple of millions more will ot not got down to .6 levels?
famousfxck
Iโve got a bag I received from airdrop, but I bought even more at 1.2$
CongQ
It is the governance token to REAL DOLLAR revenues
famousfxck
Bro Iโm holding longterm, I just know TVL and revenue will moon regardless
CongQ
USUALโs price fluctuations doesnโt matter in marco view
Lucky Boy
We have to wait.
how likely do you guys see a chance for a depeg? i mean its typical to happen in the future for a RWA stablecoinMava (AI Support)
In extreme situations, even stablecoins like USDC can experience a depeg. While Real-World Asset (RWA) backed stablecoins are designed to provide security, there is always a risk of depegging due to unforeseen market conditions or systemic risks.
Mava AI Betailo00o
With usualx not for a couple months eh?
0xports
how likely do you guys see a chance for a depeg? i mean its typical to happen in the future for a RWA stablecoin
ilo00o
So when can we expect to start seeing some legit profit
CongQ
USUALx is the final governance to those said revenues
USD0++ stakers are the ones contributing to generating those real world revenue
famousfxck
Exactly this
ETH0 and BTC0 is planned Q1
CongQ
Itโs not a problem of will it or not, it is a problem of when
famousfxck
Just only ETH DeFi could make us gain 10B$ TVL alone
Lucky Boy
I know but that wont happen anytime soon
CongQ
USUALx will have the governance power to those real world revenue sitting in treasury
famousfxck
Imagine all the revenue being created and shared with us
Lucky Boy
The only one beniftting now is usd0 stakers
Lucky Boy
Usualx os hopium
Dont discrimanate against poor
CongQ
Calling real world revenue already sitting in treasury hopium is crazy to me
Lucky Boy
If your fiat currency is thousands to a dollar you woud rather choose to buy doge coin than nigerian dollar
ilo00o
If youre struggling to put food on the table ur less likely to spend on crypto
Well relatively new
Lucky Boy
One thing i learned about crypto is the power of those 100u in huge numbers you see animals coins with billions in markwt cap
ilo00o
Crypto is a new thing
JACH
Pls. XD
ilo00o
Yeh
Lucky Boy
Or make usualx staking more accessible to poor people
They must turn on the rewards of some kind to usualx stakers or
ilo00o
They should incorporate a mandatory holding period so the spot has time to grow
Ripppp
Lucky Boy
The problem is its the usd0 stakers sell of and a big short and the overall market action in the coin index. It might or it might not we can only fuel by hope-ium
JACH
No creo que baje tanto.
ilo00o
You think it could go that low again?
Lucky Boy
Yeah Keep on stacking, ill buy more when it gets back to .2
ilo00o
No stress
This a long term project
It might or it might not i still believe in q1 it will rise. Nobody knows. Only it is fueled by hopium now .JACH
I think i will take this chance to buy some.
ilo00o
Lool
Lucky Boy
It might or it might not i still believe in q1 it will rise. Nobody knows. Only it is fueled by hopium now .
If you 1m usd0 staked and daily recieving the rewards token would you rather keep the rewards token with no other function than restake with 10% fee with dwindling apy or you can just dump it then by usd0 then restake?JACH
Yh i get It. But at this rate would the price drop even more?
Lucky Boy
If you 1m usd0 staked and daily recieving the rewards token would you rather keep the rewards token with no other function than restake with 10% fee with dwindling apy or you can just dump it then by usd0 then restake?
i0sm3
That was my question I got 35000 usual for my staked usualx on debank, unstaking from usualapp gives 34000 usual and from secondary 33790 So even if debank shows more we canโt get that in real? Or any other way??
JACH
Dam.. Just notice it when down to 0.97. Dint think it was going to go below $1
Lucky Boy
Price drop because the usd0 stakers are selling the rewards token daily
Mava (AI Support)
The current minting factor is public and verifiable on this Smart Contract. You can check the getRateMin and GetM0 variables in the formula here: [Etherscan Smart Contract](https://etherscan.io/address/[redacted wallet address]#readProxyContract).
Mava AI Beta
nicolasalphabees
hi all, do you know where i can get the mint ratio
Mava (AI Support)
The price of $USUAL can drop due to several factors such as lower revenue, governance adjustments, or a decline in the market price of $USUAL. These factors can affect the overall yield and attractiveness of the token.
Mava AI BetaJACH
Anyone knows why the price drop?
Lucky Boy
Yeah regarding you morpho strategy isnt it better to dump the rewards token directly as usdc then stake that to usd0 perpetual continuity machine ๐
basedscarf
everybody relax and lets (3,3)
๐ ฑ๏ธonzi
BingChilling
I love ponzi
Gabee
Puede usar o canal para hablar en espanol, aqui tenemos un canal โlanguage selectionโ
josรฉ
Gracias , eso pensรฉ
famousfxck
No, business as usual
Usual
neehairfan
can any admin answer me please ?
Mava (AI Support)
The name 'Usual' is not related to any notion of 'dumping'. Usual Money is a DeFi protocol designed to bridge traditional finance and decentralized finance, focusing on stablecoins backed by real-world assets. The name likely reflects its aim to become a standard or 'usual' choice in the DeFi space.
Mava AI BetaLucky Boy
@Mava (AI Support) was it called usual because usual dump?
Lucky Boy
@Mava (AI Support) what was story behind the name usual? Why was it called usual?
neehairfan
bro u tweet that we send the rewards in a week but already week is passed there is no news about it @Adli
AM
No, every time I check it seems to decrease rather than increase. Surely that canโt be right!
neehairfan
@Adli
neehairfan
when glaxy users get their rewards ?
BornSlippy
Hmm ok, then it actually doesnโt seem to increase at all
AM
Yes please, dude tried to get me click on a dodgy link
josรฉ
Eso pensรฉ, me estaba pidiendo que depositara dinero para poder recuperar dinero perdido
famousfxck
Scam
Usual
AM
The yield for USUALX is not shown on dashboard. The only way anyone can check is by trying to unstake and see how many USUAL tokens they will get. But every time I check it shows that I will get back less tokens than before
0xports
mava, welche apy wird usual staking haben wenn die tvl auf 200 millionen steigt?
josรฉ
รl me contacto
AM
My wallet does not connect to debank. Is there any other option
Hi, every time I check how many USUAL token I will get if I unstaked my USUALX, the amount is less than before. Are they not supposed to increase with time, instead of decreasing? I am not sure whatโs going on. I seem to be losing USUAL tokens by staking them to buy USUALX rather than gaining anyโฆ Can anyone shed some light please? Why am I getting back less USUAL tokens than I staked?AM
Hi, every time I check how many USUAL token I will get if I unstaked my USUALX, the amount is less than before. Are they not supposed to increase with time, instead of decreasing? I am not sure whatโs going on. I seem to be losing USUAL tokens by staking them to buy USUALX rather than gaining anyโฆ Can anyone shed some light please? Why am I getting back less USUAL tokens than I staked?
Hi. I installed Debank because someone in here said you can see your usualX rewards (in usual ) in debank. But I canโt see it anywhere . I can only see the the staked amount and the value . As in my wallet. Am I doing something wrong ?basedscarf
if you are seing the value thats the value of your initial and rewards
0xports
mava, what apy will usual staking have if the tvl increases to 200 million? tell me a specific future apy
famousfxck
Ohh
0xports
the usual staking tvl
usualx income tracking - if you're searching this it's easiest to just look at your debank, and mark the usual coins per your position out. Ex: Day 1 my usualx position is 1, and usual controlled is 1.1. I check Day 2, usualx position still still be 1, but usual controlled will be 1.12, so i gained .02 usual for the day.BornSlippy
Hi. I installed Debank because someone in here said you can see your usualX rewards (in usual ) in debank. But I canโt see it anywhere . I can only see the the staked amount and the value . As in my wallet. Am I doing something wrong ?
0xports
mava to which apy will it decrease
Mava (AI Support)
The APY for USUAL staking is influenced by several factors, including the total value locked (TVL). As the TVL increases, the emission rate of USUAL tokens decreases, which can lead to a dilution of rewards among more participants. Therefore, if the TVL increases to 200 million, the APY might decrease as the rewards are shared among a larger pool of stakers.
Mava AI Beta0xports
mava, what apy will usual staking have if the tvl increases to 200 million?
@Mava (AI Support)
The total supply of USUAL is influenced by several factors, including the minting rate, which is dynamically adjusted based on the supply of USD0++, interest rates, and other factors. The minting rate is inversely related to the growth of the USD0++ supply, meaning as the supply increases, the minting rate decreases, fostering scarcity. Additionally, the minting rate is capped to prevent excessive supply. The total supply is not fixed and can be dynamic, but it is designed to decrease over time as the minting rate decreases with increased supply.
thats mean usd0++ Apy is decrease for longtime?Mava (AI Support)
The APY for USD0++ is influenced by several factors, including the minting rate and the price of $USUAL. As the minting rate decreases with increased supply, it could potentially impact the APY. However, the exact effect on APY would depend on other factors like market conditions and interest rates.
Mava AI BetaCryCasher
@Mava (AI Support) The total supply of USUAL is influenced by several factors, including the minting rate, which is dynamically adjusted based on the supply of USD0++, interest rates, and other factors. The minting rate is inversely related to the growth of the USD0++ supply, meaning as the supply increases, the minting rate decreases, fostering scarcity. Additionally, the minting rate is capped to prevent excessive supply. The total supply is not fixed and can be dynamic, but it is designed to decrease over time as the minting rate decreases with increased supply. thats mean usd0++ Apy is decrease for longtime?
Mava (AI Support)
The APY for USUAL staking is high because USUALx receives 10% of the emission of all new USUAL tokens. If a small percentage of the supply is staked in USUALx, the rewards are shared among fewer participants, resulting in higher rewards for each staker.
Mava AI Beta0xports
mava why is the apy of usual staking so high
CryCasher
@Mava (AI Support) thats mean long time low yield?
Mava (AI Support)
The total supply of USUAL is influenced by several factors, including the minting rate, which is dynamically adjusted based on the supply of USD0++, interest rates, and other factors. The minting rate is inversely related to the growth of the USD0++ supply, meaning as the supply increases, the minting rate decreases, fostering scarcity. Additionally, the minting rate is capped to prevent excessive supply. The total supply is not fixed and can be dynamic, but it is designed to decrease over time as the minting rate decreases with increased supply. References: 1
Mava AI Beta
ELKA2ED
Mava, what are the factors affecting total supply currently and can it decrease?
0xports
byebyeeee you tooo
NP
Word. Hopefully saves someone some time. Have a good day frens 
usualx income tracking - if you're searching this it's easiest to just look at your debank, and mark the usual coins per your position out. Ex: Day 1 my usualx position is 1, and usual controlled is 1.1. I check Day 2, usualx position still still be 1, but usual controlled will be 1.12, so i gained .02 usual for the day.0xports
yeah i get that
Mava (AI Support)
The circulating supply at the time of the spot listing is estimated to be approximately 494.6 million, which is about 12.37% of the total supply. However, this does not mean that the addition of new coins will stop at this point. The total supply is dynamic and can change based on various factors, including collateral yield conditions.
Mava AI BetaELKA2ED
Mava, will addition of new coins stop when circulation supply reaches 496M on binance?
0xports
let me read it
Noรฉ
it shows the total USUAL sir
NP
Does my comment make sense ports?
0xports
how, the auto compounding doesnt show on debank
NP
usualx income tracking - if you're searching this it's easiest to just look at your debank, and mark the usual coins per your position out. Ex: Day 1 my usualx position is 1, and usual controlled is 1.1. I check Day 2, usualx position still still be 1, but usual controlled will be 1.12, so i gained .02 usual for the day.
Noรฉ
You're welcome boss
NP
Thanks for help Noe.
Hello, If I want to swap USUALx to USUAL:
- Primary market: 0% slippage but 10% unstaking fee
- Secondary market: 0% unstaking fee but X% slippage.
Is this correct??famousfxck
Correct
Noรฉ
easier
Noรฉ
check on debank boss
0xports
true, would be 11,1 ususal per day, but i didnt notice it yet
Noรฉ
2587 at 149% APR (345% APY) is 10.5 per day
Hello, If I want to swap USUALx to USUAL:
- Primary market: 0% slippage but 10% unstaking fee
- Secondary market: 0% unstaking fee but X% slippage.
Is this correct??Mava (AI Support)
Yes, your understanding is correct. In the primary market, there is a 10% unstaking fee with 0% slippage. In the secondary market, there is no unstaking fee, but slippage may occur depending on market conditions.
Mava AI Betadannnny
Hello, If I want to swap USUALx to USUAL: - Primary market: 0% slippage but 10% unstaking fee - Secondary market: 0% unstaking fee but X% slippage. Is this correct??
0xports
2587 times 3,5 = 9054,5 divided by 12 = 754,5 divided by 30 = 25,1 per day
Noรฉ
not the APY
you should divide the APR
Noรฉ
But sir, you can't divide an APY by 365, since it assumes compounding over a year
nein
@Noรฉ please refund this man his PS5 + Spider-Man game
famousfxck
FKKK
0xports
obviously...
nein
i just lost a PS5 + spiderman game worth of $ on a stable.. i will never make it back
funny thing is, i dont notice the 350% rn, i have been in the pool for 3 days with 3k$ and should have earned at least 60+ usual, i have 2302 usualx i got from putting in 2587 usual, rn i can withdraw 2577, earlier today it has been 2609, but even 2609 is only like 1/3 of the apr i should have earned...Noรฉ
ser, are you dividing an APY by 365?
CryCasher
bro you earn that 600 usd in 3 days with 200k usd
famousfxck
Damn youโre down bad already
CryCasher
hahahahaha
famousfxck
Itโs still at 0.99$ though
nein
i literally swapped 200K USDC for - 199 909 USD0++ (5 days ago)
and down 600$ already
nein
can yall repeg my USD0++ thx lol
0xports
and the 60 ususal in 3 days is calculated very conversatively
0xports
funny thing is, i dont notice the 350% rn, i have been in the pool for 3 days with 3k$ and should have earned at least 60+ usual, i have 2302 usualx i got from putting in 2587 usual, rn i can withdraw 2577, earlier today it has been 2609, but even 2609 is only like 1/3 of the apr i should have earned...
CryCasher
im praying for long time %50 or higher
the equilibria projected apy is %50 now for usd0++
0x_mate
is it possible to put my USD0++ on ledger and keep earning $USUAL?
why would you ever unstake when the fee is applied, either you wait for it to switch or you just swap it back via an extern websiteNoรฉ
I mean, if you get 350% APY it's really quick to compensate for that fee
CryCasher
the revenue is so much in ethena too but apy is %10
0xports
why would you ever unstake when the fee is applied, either you wait for it to switch or you just swap it back via an extern website
Noรฉ
It would be zero slippage, only the 10% fee on the amount unstaked
Yes, but when you simulate an unstake, you can be routed through primary market (unstaking) or secondary (swap)NP
The primary market, under the unstake option, would be 0 slippage in theory correct?
Noรฉ
the Earnings per Token keep increasing
+ usual is governance token you cannot put value on that upside is infinity for governance token is protocol mature and growBingChilling
+ usual is governance token you cannot put value on that upside is infinity for governance token is protocol mature and grow
NP
got it
Assuming I'm understanding your question - I'm not even talking about the purchase of usual. I had 10 usual for example, I stkaed in usualx. When i went to check by rewards today i would expect something like 10.04 usual if i unstaked my usualx (not factoring unstake fee)Noรฉ
Yes, but when you simulate an unstake, you can be routed through primary market (unstaking) or secondary (swap)
Dumb question for you famous. I staked yesterday into usualx, and I'm comparing the unstaked amount i'd get back in theory if i unstaked 24 hours later and it's slightly lower than what I put in. I don't think this is the staking fee bc otherwise it'd be significantly less (10%), i'm only showing slightly less than I staked.famousfxck
Youโre probably trying to swap through secondary market. Those rates are very volatile, you can check this at uniswap or kyberswap. Itโs the USUAL/USUALx pool
NP
Instead i'm showing something like 9.89.
NP
Assuming I'm understanding your question - I'm not even talking about the purchase of usual. I had 10 usual for example, I stkaed in usualx. When i went to check by rewards today i would expect something like 10.04 usual if i unstaked my usualx (not factoring unstake fee)
famousfxck
Nah also depends on revenue bro
yeah funding rate is not good lol so they stuck 10% until funding rate start going crazy againfamousfxck
Lmfao we have 4X more APY ๐๐ insane
Noรฉ
lmeow
that's not how it works
Noรฉ
nah
BingChilling
yeah funding rate is not good lol so they stuck 10% until funding rate start going crazy again
this wouldn't clarify it, I'm talking about the shown usual amount back from unstaking not my usualx amount.Noรฉ
Are you being routed through primary or secondary market?
CryCasher
extra liquid = lower apy because tvl are increasing
famousfxck
Yep exactly
NP
this wouldn't clarify it, I'm talking about the shown usual amount back from unstaking not my usualx amount.
CryCasher
ethena have almost 6 Billion
It's actually a great vault, we'll be able combine both yields and balance depending on market conditionsCryCasher
noooo
Noรฉ
basically users won't need to switch between Ethena and Usual depending on market conditions
Noรฉ
It's actually a great vault, we'll be able combine both yields and balance depending on market conditions
CryCasher
another pool mean extra liquid
Dumb question for you famous. I staked yesterday into usualx, and I'm comparing the unstaked amount i'd get back in theory if i unstaked 24 hours later and it's slightly lower than what I put in. I don't think this is the staking fee bc otherwise it'd be significantly less (10%), i'm only showing slightly less than I staked.Mava (AI Support)
When you stake USUAL into USUALx, you receive less USUALx because it acts like a vault share, representing your share of the vault and rewards. The notional (dollar) value doesn't change, so the slight difference you're seeing is likely due to this mechanism rather than a fee.
Mava AI BetaNP
Dumb question for you famous. I staked yesterday into usualx, and I'm comparing the unstaked amount i'd get back in theory if i unstaked 24 hours later and it's slightly lower than what I put in. I don't think this is the staking fee bc otherwise it'd be significantly less (10%), i'm only showing slightly less than I staked.
famousfxck
Itโs just meant for those who want exposure to both Blackrock (BUIDL), Ethena and Usual
It doesnโt mean everyone will be forced to integrate into the new pool lol
famousfxck
I mean thatโs just another pool
CryCasher
i mean after usde/usd0++ pool
famousfxck
Which is still incredibly a lot for a stablecoin ๐๐
famousfxck
Nah itโs at 44% atm
treebeard
Ok nvm I'm right, hover over the little info icon, it explains it. The 46% projected apy is using usualx
treebeard
It's a little unclear, but the 46% is a bit under if using the usualx supply and assuming daily compounding apy, but it's much higher if using usual supply, which is why I was assuming it's calculated based on usualx. But I may be wrong about that, it's an assumption
CryCasher
usd0++ apy is also down %15-20 :(
if ethena and usual be partner
famousfxck
We are very flexible and can get revenue from other stuff
But Ethena isnโt as flexible as Usual in my opinion
I was getting 43% yield on Ethena in the summer
Oh wauw wtf 10% ๐๐ yeah ponzi is over
10%??
CryCasher
%10 :(
ethena is giving low apy
famousfxck
So you will be getting APY from BUIDL, Ethena and Usual
There will be a new vault for USD0++ in partnership with BUIDL and Ethena
Yep so letโs just say we will be getting a lot more revenue in the future
CryCasher
if revenue switch activated thats mean i got extra usualx not just usual coin
not just usual ?
hmmm
treebeard
The revenue sits in the treasury for now, that's why the revenue switch is "projected", it's not enabled. But if it were to be, I imagine the revenue would be distributed to usualx, and you get usual/usualx by holding usd0++
CryCasher
so what is revenue doing to usd0++ holders
These are referring to 2 different things. The 43% is the current apy you get on usd0++ in the form of usual tokens. The 46% is the hypothetical extra APY for usualx if the protocol revenue was to be distributed to usualx holders.CryCasher
i am using usd0++
treebeard
These are referring to 2 different things. The 43% is the current apy you get on usd0++ in the form of usual tokens. The 46% is the hypothetical extra APY for usualx if the protocol revenue was to be distributed to usualx holders.
Mava (AI Support)
Yes, as the Total Value Locked (TVL) of USD0++ increases, the minting rate decreases, which can lead to a lower APY. This is because the protocol is designed to create scarcity and reward early adopters.
Mava AI BetaCryCasher
@Mava (AI Support) for usd0++ more tvl = lower apy ?
Hey bot, I have 12,838 USUALx staked.
If I try to convert them into USUAL by unstaking, I see they correspond to 14,371 USUAL.
However, when I check on DeBank, they correspond to 14,660 USUAL.
What is the reason for this difference?Mava (AI Support)
The difference in the conversion rates between USUALx and USUAL when unstaking and what you see on DeBank could be due to several factors. USUALx acts like a vault share, representing your share of the vault and rewards, which can fluctuate based on the staking date and the rewards accumulated. DeBank might be using a different method or timing to calculate the value of USUALx, leading to a discrepancy. It's important to consider that these platforms might have different update frequencies or calculation methods.
Mava AI BetaCryCasher
because the LP depositer are increasing so reward is also being lower
Jappix
Hey bot, I have 12,838 USUALx staked. If I try to convert them into USUAL by unstaking, I see they correspond to 14,371 USUAL. However, when I check on DeBank, they correspond to 14,660 USUAL. What is the reason for this difference?
famousfxck
Bro if you think Usual chart is trash, check Fantom โ ๏ธ
Mava (AI Support)
In general, as Total Value Locked (TVL) increases, the Annual Percentage Yield (APY) might decrease. This is because the same amount of rewards or yield is distributed among more participants, leading to a lower yield per participant. However, this can vary depending on the specific protocol and its reward distribution mechanism.
Mava AI BetaCryCasher
more TVl mean low apy ?
famousfxck
We will easily flip Ethenas TVL
CryCasher
projected apy is increasing but usd0++ apy is resume to down
the usd0++ apy is %43 but projected one is %46
BingChilling
This is it This is how you pull eth maxi liquidity
famousfxck
APY can still be at 40%+ even when Usual is at 0.10$ ๐
famousfxck
Bro APY depends on revenue, TVL
famousfxck
ETH0 ๐
CryCasher
@Mava (AI Support) the minimum apy you predict
whats that
Mava (AI Support)
USD0++ offers a minimum yield equivalent to at least the risk-free yield, even in bear markets. The exact APY can vary based on several factors, including the $USUAL token price and market conditions. Reference: 1
Mava AI BetaCryCasher
@Mava (AI Support) so in bear market how many APY can we see at the minimum
Mava (AI Support)
The Base Interest Guarantee (BIG) mechanism ensures a minimum yield for USD0++ holders. It provides a risk-free yield at least equal to that generated by the USD0 collateral. This mechanism is designed to offer stability and a guaranteed return, enhancing the value of USD0++ as a liquid bond token. Reference: 1
Mava AI BetaCryCasher
@Mava (AI Support) how BIG mechanism is work
Mava (AI Support)
In a bear market, the yield distributed by the Usual protocol, whether in $USUAL or $USD0, is designed to perform well. USD0++ offers a guaranteed risk-free yield, ensuring that holders receive a yield at least equal to that generated by the USD0 collateral. This is supported by the Base Interest Guarantee (BIG) mechanism, which helps maintain yield stability even in bear markets. Reference: 1
Mava AI BetaCryCasher
bro whats happend if the bear market is come and usual 0.40 usd 0.50 usd ?
famousfxck
Saylor being liquidated will be the next black swan event that will end the bullmarket
I truly believe that Saylor will be liquidated but not now though
Gabee
But yes itโs quite dangerous now
Gabee
His average was at 50k in 2022
his buying this month > entire previous cycle
BingChilling
yeah he wasn't buying 99k at that point now his average up so high
Gabee
He wasnโt at 16k
BingChilling
saylor will be liquidated lol
CongQ
imagine saying that 2 years ago
Mava (AI Support)
It seems like you are experiencing an issue with claiming rewards. Please ensure that you are on the correct platform and that your wallet is properly connected. If the problem persists, try clearing your browser cache or using a different browser. If none of these solutions work, please let me know, and I can ask a human for further assistance.
Mava AI Beta
oscar767251
hi, any issue in clai,ing rewards? when i click confirm, nothing happens
basedscarf
need a warm glass of milk?
PECK (๐ซ๐งข)
U OK hun?
famousfxck
Bro Iโm not talking about the end of the bullmarket ๐
I have staked usual to buy usualx. How does the dApp show what yield/reward it is accruing? ThanksMava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. Note that they do not show up under the classic 'Pending Rewards', as opposed to USD0++ rewards.
Mava AI Beta
AM
I have staked usual to buy usualx. How does the dApp show what yield/reward it is accruing? Thanks
Gabee
50k is gonna be the new crash point when people will think crypto will be over
zo
Thank you sir
Is the new pool receiving a reward now? There is only a reward of the old pool in the pending reward.Noรฉ
Yes, should be rewarded retroactively sir
zo
Is the new pool receiving a reward now? There is only a reward of the old pool in the pending reward.
Abdullah
And btc
Bull from eth
famousfxck
Imo 89-90k is the bottom
Great bounce from BTC here
Check the ETH chart rn
Noรฉ
oh the new market? It'll be retroactively integrated in january afaik
famousfxck
Which will fuel altseason imo
famousfxck
Nah new ATH for ETH is coming soon
Im betting big on this because I truly believe in the opportunity itโs got
Gabee
๐
Gabee
Nope. ETH will be stuck forever.
zo
sorry morpho
Can Usual be confirmed as pending rewards in Pendle's new USD0+ pool?
I have usd0+ in old pool and new pool, but I think only the rewards of old pool are checked by pendingNoรฉ
What maturity are you talking about sir
zo
Can Usual be confirmed as pending rewards in Pendle's new USD0+ pool? I have usd0+ in old pool and new pool, but I think only the rewards of old pool are checked by pending
If Usdo became a stable coin can i use it in the future to buy usual? Like what i do with usdt?Mava (AI Support)
Yes, USD0 is already a stablecoin, and you can use it to buy USUAL in the future, similar to how you would use USDT. USD0 is designed to be integrated into DeFi ecosystems, allowing for easy trading and use as collateral. Reference: 1
Mava AI BetaShiroKuhaku
If Usdo became a stable coin can i use it in the future to buy usual? Like what i do with usdt?
basedscarf
max pain haha
Noรฉ
I'm balls deep in ETH for years
Noรฉ
brother I wish you're right
One question if usdt is going down and since in binance i bought usual with usdt, am i in risk of losing my usual tokens or?Mava (AI Support)
No, you are not at risk of losing your USUAL tokens if USDT goes down. Once you have exchanged your USDT for USUAL, the value of your USUAL tokens is independent of USDT's value. However, the value of USUAL tokens may fluctuate based on market conditions. Reference: 1
Mava AI BetaShiroKuhaku
One question if usdt is going down and since in binance i bought usual with usdt, am i in risk of losing my usual tokens or?
famousfxck
Been in the game since 2017, trust me donโt worry
New ATH for ETH incoming + altseason
If youโre worried about price action, take a look at ETH
Btw donโt want to speculate butโฆ
basedscarf
they will be leveraging back up for [redacted] in no time
Noรฉ
today's $10M outflow was just some big guys deleveraging
no need to create "fear" or whatever, we always said that USD0++ was locked 4 years, it's been possible since the beginning to swap it at 1:1 without issue etc.
lmeow
Nah you guys are just speculating, it's actually people that are deleveraging probably because of borrowing rates or opportunities
Xiaohai (formerly Tokyo๐)
ppl looks like scared of this, swapping out before Q1
Saqib khan
c
CryCasher
like 40 m usd0++ sold in this day
so why so many seller usd0++ had
CryCasher
hmm
Noรฉ
it's just not really locked rn
btw maturity already started
Noรฉ
There's absolutely no ETA on that
CryCasher
is 4 year maturity start at q1 2025 ? guaranteed
CryCasher
108k btc down to 91k
CryCasher
all market is being down
Mava (AI Support)
The price of Usual can be influenced by various factors such as market conditions, changes in interest rates, and governance adjustments. A decline in price does not necessarily indicate an upcoming price increase or 'pump.' Market trends can be unpredictable, and it's important to consider a wide range of factors before making any assumptions about future price movements.
Mava AI Beta
Aayush Niraula
Why usual price is dipping day by day ? is this a signal for s pump after some days ?
CryCasher
he sended link
scam @Noรฉ
CryCasher
and 4 year maturity is coming right?
so many seller because q1 2025 is close
DrvGone
12/30/2024 at 12:09:44 ESTWill tracking for LP of usual x also be added?
CryCasher
hmm
@Mava (AI Support) Since the USD0++ token has a 4-year maturity, can its price drop below 1 USD or is it always the same price as USD0? on secondary market
thats mean usd0++ down below 0.90 usd?Mava (AI Support)
Yes, the price of USD0++ can drop below 1 USD on the secondary market. USD0++ has free market pricing and can exhibit more volatility due to its maturity. However, there are mechanisms in place, such as the Base Interest Guarantee (BIG), to ensure a fair price at parity with USD0 under certain conditions. References: 1,2
Mava AI BetaCryCasher
@Mava (AI Support) Since the USD0++ token has a 4-year maturity, can its price drop below 1 USD or is it always the same price as USD0? on secondary market thats mean usd0++ down below 0.90 usd?
thanks again
CryCasher
i know the copy paste being wrong :D
I just got a link through my email to claim my airdrop tokens if eligible.
How would I become eligible for this airdrop?Noรฉ
That's probably a phishing email, watch out
@CryCasher you're getting muted because of the "support" word
LOST
12/30/2024 at 12:05:25 ESTI hope usual pumps again
raggawizard
Ok thank you for letting me know
I just got a link through my email to claim my airdrop tokens if eligible.
How would I become eligible for this airdrop?Mava (AI Support)
To be eligible for the airdrop, you would have needed to participate in the Pills Campaign, which has already ended. However, by holding USD0++, you can now receive direct yield in $USUAL, which is the revenue-based token of Usual.
Mava AI Betaraggawizard
I just got a link through my email to claim my airdrop tokens if eligible. How would I become eligible for this airdrop?
@Mava (AI Support) Since the USD0++ token has a 4-year maturity, can its price drop below 1 USD or is it always the same price as USD0? on secondary marketMava (AI Support)
The price of USD0++ can indeed drop below 1 USD on the secondary market. Although USD0++ is backed by USD0 with rewards on top, its market valuation can exhibit more volatility due to its maturity. To ensure a fair price at parity with USD0, USD0++ has access under certain conditions to the underlying risk-free yield through the Base Interest Guarantee (BIG) mechanism. Reference: 1
Mava AI BetaCryCasher
@Mava (AI Support) Since the USD0++ token has a 4-year maturity, can its price drop below 1 USD or is it always the same price as USD0? on secondary market
raggawizard
Hello team Usual ๐๐พ
CryCasher
just after 7 days
Hi I would like to ask. If I remove the LP Tokens at Curve Usdc/Usd0 now, Am I still get the Pending Rewards?CryCasher
yes
who's unmute me thank you
hello guys
Jiro
@deloisbt Scam
Usual
Hi team, if USD0 is automatically locked for 4 years when staking for USD0++, what is the unstake function mean?Mava (AI Support)
When you stake USD0 to receive USD0++, it is locked for a maturity period of four years. However, the unstake function allows you to redeem your USD0++ before the end of this period through various mechanisms, such as selling USD0++ on the secondary market with minimal slippage. Additionally, starting from Q1 2025, USUAL can be burned to unlock staked USD0 (USD0++) before the end of the lock-up period. References: 1
Mava AI BetaAlphaKiwi
Hi team, if USD0 is automatically locked for 4 years when staking for USD0++, what is the unstake function mean?
AlphaKiwi
@Mava (AI Support) so the current unstake function means I'm swapping USD0++ to USDO on secondary market? not the actual unstake?
ShiroKuhaku
Hi, any news coming out?
Hi team, when I stake USD0 to USD0++, does it mean my USD0 is already locked for 4 years? or I can unstake anytime i want?AlphaKiwi
Hi team, when I stake USD0 to USD0++, does it mean my USD0 is already locked for 4 years? or I can unstake anytime i want?
ShiroKuhaku
When team, tell us some news? Or when they get to work again?
DragonBoy
Thanks
Hi I would like to ask. If I remove the LP Tokens at Curve Usdc/Usd0 now, Am I still get the Pending Rewards?Hi I would like to ask. If I remove the LP Tokens at Curve Usdc/Usd0 now, Am I still get the Pending Rewards?Usual
CryCasher
@Mava (AI Support) is usd0 equal to usd0++ 1:1 after q1 2025 4 years mature ?
no i mean
famousfxck
Yeah ofcourse but should be atleast 1 USD0 value always
famousfxck
Idk just when price is volatile
CryCasher
the bots said usd0++ is not stable 1:1 to usd0
CryCasher
it is because q1 2025? have 4 year locked usd0++
famousfxck
Thatโs fine happened before too
CryCasher
someone sold 5.6 million usd0++
no no usdo++ is going down
fredchan17999
The whole market goes down ๐ฆ
ilo00o
Sweet, thanks!
CryCasher
whats going on price guys
Mava (AI Support)
Yes, when you swap USUALx directly from USD0 using a contract, your USUALx remains eligible. USUALx acts like a vault share, representing your share of the vault and rewards. Reference: 1
Mava AI Betailo00o
So if I swap usual x directly from usd0 with a contract is my usualx still eligible?
0xKatha
@Mava (AI Support) when did the USD0++ 24 April open?
Dynamo
Which one makes more sense atm? Did anyone do the math before?
Hey folks quick question, if I buy PT-USUALx on pendle and hold it until the maturity. Will I still receive the daily rewards from USUAL staking?Mava (AI Support)
When you buy PT-USUALx on Pendle, you are essentially purchasing a principal token that represents a future yield. Holding PT-USUALx until maturity does not entitle you to receive daily rewards from USUAL staking. The rewards from USUAL staking are typically distributed to those who stake USUAL directly into USUALx.
Mava AI BetaDynamo
Hey folks quick question, if I buy PT-USUALx on pendle and hold it until the maturity. Will I still receive the daily rewards from USUAL staking?
@Mava (AI Support) I'm at the stake app, it's saying 1 Usual worth 0,8763 Usualx, is that correct? I thought they had same valueMava (AI Support)
The conversion rate between USUAL and USUALx is not 1:1 because USUALx acts like a vault-share. It represents your share of the vault and rewards, which is why the value appears different.
Mava AI BetaTiago
@Mava (AI Support) I'm at the stake app, it's saying 1 Usual worth 0,8763 Usualx, is that correct? I thought they had same value
CryCasher
also btc dumping
bro usual resume dump
dv
What is the current treasury address ?
Mava (AI Support)
Until the fee switch is activated, the DAO accrues treasury from interest earned on USD0 collateral. This treasury is currently undistributed but will be redirected as dividends to USUALx holders once the revenue switch is activated.
Mava AI Betadv
currently what is being done with the protocol revenue until the fee switch is activated ?
i0sm3
Usualx staking is completly wierd since staking I have less usual and whenever is goes higher, a day later it goes back lower and never reacher my initial staking
R
it'll happen
"Once you unstake USD0++, you will no longer accumulate new rewards. However, any pending rewards that were accumulated before unstaking will still be available for you to claim."
and the pending rewards are available and will be distributed every 24 hours?Mava (AI Support)
Yes, for USD0++, rewards are distributed at the end of each 24-hour cycle. Any pending rewards accumulated before unstaking will still be available for you to claim.
Mava AI BetaShinya~
"Once you unstake USD0++, you will no longer accumulate new rewards. However, any pending rewards that were accumulated before unstaking will still be available for you to claim." and the pending rewards are available and will be distributed every 24 hours?
So, when I no longer stake uds0+ (unstaking), will my pending reward still be distributed every 24 hours? until there's nothing left?Shinya~
So, when I no longer stake uds0+ (unstaking), will my pending reward still be distributed every 24 hours? until there's nothing left?
Shinya~
If I unstake USD0++, what happens to my pending reward?
KubzThe14Th
aight, i ll sit tight awa from the sell button and get back to prep haha
A9
use # ๐งใspeculation for prices but btc hit 92k so yeah prepare for lower prices if it keeps going down
KubzThe14Th
i see, and sorry for asking, but what s going on with BTC? had my head on nye prep haha
ppbbvoid
Hi there. One question here. If I quit the liquidity, do I still get the pending rewards?
A9
btc
KubzThe14Th
is there a general consensus on what s going on? i
ไธๅฮนไธใฉฮน
12/30/2024 at 09:42:07 ESTok
treebeard
0xdd82875f0840AAD58a455A70B88eEd9F59ceC7c7
treebeard
It did, the etherscan link is just blocked. The docs have the contract deployments, look for "collateral treasury"
tak19268
This bot is not answering my question
ไธๅฮนไธใฉฮน
12/30/2024 at 09:13:14 ESTToday is December 30th, what news is there regarding USD0? When will it be available for use on exchanges?
Mava (AI Support)
You can view the USD0 reserve and its real-time transparency of reserves through the Usual documentation. The reserves are fully collateralized by US Treasury Bills, ensuring security and stability. You can check the live backing here: [Etherscan](https://etherscan.io/address/[redacted wallet address]). Reference: 1
Mava AI Betatak19268
Where can I see the usd0 reserve?
Lucky Boy
good day guys hows our little investors doing ๐
Real Ownership: USUAL represents ownership of 100% of the protocolโs revenue. It is a governance token backed by real cash flows.
The protocol's annualized revenues are now more than $70m. When will these rewards be distributed to token holders?basedscarf
kek
R
Real Ownership: USUAL represents ownership of 100% of the protocolโs revenue. It is a governance token backed by real cash flows. The protocol's annualized revenues are now more than $70m. When will these rewards be distributed to token holders?
R
When will you start distributing USDC revenues that you treasury makes?
Mava (AI Support)
The distribution of protocol revenue is done through the $USUAL token, which is revenue-based. The $USUAL tokens are distributed daily through a regular epoch system. Each epoch is followed by a one-week verification period, allowing users to review the distributionโs accuracy.
Mava AI Beta
R
When will you start distributing protocol revenue?
hikmah
When is usual coming on arbitrum?
tak19268
Seems no
tak19268
Link?
Mava (AI Support)
Usual integrates Chainlink Proof of Reserve to enhance the security and transparency of its tokenized asset protocol. This integration provides users with real-time asset backing verification, ensuring that reserves are backed by real-world value. You can check the reserves through the Chainlink platform.
Mava AI Betatak19268
Where can I check the reserves?
Who are the custodians?
Mava (AI Support)
Yes, the assets backing USD0 are transparent and held in safe custody. USD0 is fully collateralized by US Treasury Bills and repos, providing enhanced security compared to other fiat-backed stablecoins. The reserves are transparent in real-time, ensuring complete visibility and trust. Reference: 1
Mava AI Betatak19268
Is the assets backing usd0 transparat and held in safe custody?
Mava (AI Support)
tak19268
Is usd0 fully audited?
ShiroKuhaku
Alr
ShiroKuhaku
Isnt it possible to add Mava to the telegram channel that we had?
ไธๅฮนไธใฉฮน
12/30/2024 at 07:30:18 ESTGood morning! USUAL has not yet uploaded, we are still waiting ๐
Rainpwnz
Hi, YT/PT pendle positions on usualX will be added to the interface?
@Noรฉ, Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get itCryCasher
so you got %166.81 APR
@Noรฉ, Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get itNoรฉ
> APR is the annual rate without compounding, while APY includes compounding over a year. Dividing APY by 365 doesnโt reflect daily earnings, as APY assumes compounding at the same rate throughout the year.
Swaggy ๐ฝ๐ฝ
@Noรฉ, Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get it
Noรฉ
Yes?
Swaggy ๐ฝ๐ฝ
Hello any admin
basedscarf
mava working overtime to answer the same 3 questions 24/7 lmao
Sufiyan
The transactionโs status is still deposit with permit!!
Mava (AI Support)
To view your rewards on USUALx, 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 BetaSufiyan
I can not see my rewards on USUALx?
Jappix
Thanks
Noรฉ
Yes
Jappix
Can I see my rewards for staking USUAL in USUALx on DeBank?
Jappix
Where can I see my rewards for staking USUAL into USUALx?
Mava (AI Support)
Staking USD0++ benefits the Usual protocol by providing liquidity and yield opportunities. It allows users to earn daily yield in $USUAL tokens, which helps in maintaining the protocol's ecosystem. Additionally, it supports the decentralization of stablecoins and rewards the community through governance and yield mechanisms. Reference: 1
Mava AI Beta
Bercianos
What is the benefit of staking usd0++ for the usual company, protocol?
basedscarf
gm my frens. staying 10mins in # ๐งใspeculation now to combat all fud
Mava (AI Support)
Staking USUALx benefits the Usual protocol by encouraging long-term engagement and stability within the ecosystem. It aligns user incentives with the protocol's growth by redistributing rewards and governance rights to stakers. This mechanism helps in maintaining a stable and engaged community, which is crucial for the protocol's success.
Mava AI BetaBercianos
What is the benefit of staking usualx for the usual company, protocol?
DraKryZ
Go sell all quick, give it to me
dzakiyu
see
Gunner funk
Rekt
Noรฉ
The discussion TG has been closed and is now announcement only sir!
Bucuri โ@IntractAmbassador"
I see now team closed it
Bucuri โ@IntractAmbassador"
Telegram channel is not working
hi, Whats happend with TG why not possible to get in ?
Mava (AI Support)
To simulate an unstake, you should initiate the unstaking process on the platform. This will show you how much you can withdraw, including your rewards, minus the 10% unstaking fee. Essentially, this simulation will help you understand the worth of your vault share over time.
Mava AI Betajoker
how to simulate an unstake
Question! Can I swap my USUALX for USUAL on 1inch? Looks like I can get a better rate than redeeming it on the official site.Mava (AI Support)
USUALx is a transferable token representing staked USUAL, and it acts like a vault share. While it is not directly mentioned if you can swap USUALx for USUAL on 1inch, USUALx is designed to be a share of the vault and rewards, and typically, such tokens are not directly tradable on exchanges like 1inch. It's best to check the specific functionalities of the platform or consult the official Usual documentation for precise details.
Mava AI BetaDriftingwill
Question! Can I swap my USUALX for USUAL on 1inch? Looks like I can get a better rate than redeeming it on the official site.
How can I see my staking rewards, via unstaking I only see the amount of usual I would get.. IU not very workable? I passed the 7 day period.Mava (AI Support)
To view your staking rewards, you should simulate an unstake. The withdrawal amount will include your rewards, minus a 10% unstaking fee. This means your vault share increases in worth over time, allowing you to withdraw more than you initially deposited. If you are having trouble seeing the rewards, ensure that you are checking the conversion from USUALx to USUAL, as this reflects the accumulated rewards.
Mava AI BetaTimodenb
How can I see my staking rewards, via unstaking I only see the amount of usual I would get.. IU not very workable? I passed the 7 day period.
Leo
Bom dia๐ง๐ท
ChainReaction
any exact week of January ?
ChainReaction
oh alright thanks for the info
Cryptoloud"
Not this month again
TheHonoredOne
hmm I see, business as Usual 
whats the update concerning the form we filled last week for users to claim on arb eth? since of the 18th of more than 10 daysNoรฉ
It'll be during january hopefully
ChainReaction
lol
whats the update concerning the form we filled last week for users to claim on arb eth? since of the 18th of more than 10 days
AgnesBonnet
Man, what are you writing? Think before you write. Put 1 million in the formula and you'll understand.
Kingston
is it better to check usualx on the web / debank?
Lucky Boy
@Mava (AI Support) is hashkey global listing usual?
OxygenG
lol why
asdfc834289
It seems right. Remember the UI is showing APY (aka, compounded return) not APR
Pengu King Won't Dm 1st
12/30/2024 at 03:55:32 ESTYou need a higher capital if you want to earn more rewards maam
Lucky Boy
Borrowing interest in binance is ripe. There is volume now we might moon soon...
AgnesBonnet
Substitute even $1,000 into that formula. You'll still lose money.
CongQ
Itโs a DeFi product not a magic bean
CongQ
Bruh your capital is 6.49$ how much do you want
AgnesBonnet
0.092$ a day? That's very little, it can't be.
CongQ
Mr. Lin
Mr. Lin
just realized usualx is haram
asdfc834289
In one day you will get ( [ln(254.2+1)/365]*$6.49 )/$1.07
Noรฉ
Mr. Lin
gm handsome lad
Noรฉ
gmgm
mana.b
Hi
Mr. Lin
use the pendle calculator and type in the future apy to simulate the amount of $usual you will receive by the maturity date.
LOST
12/30/2024 at 02:45:49 ESTThanks
Mr. Lin
just did, you are calculating apr not apy
Mr. Lin
most likely haram - usualx is autocompounding which involves interest.
Usual
Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get itAlperenPacacioglu
Can somebody answer that please
Thanks. Is it guaranteed that the USUAL we should have received up to this point for holding USD0++ will be distributed?LOST
12/30/2024 at 02:41:48 ESTIs USUALx halal? @Mava (AI Support)
LOST
12/30/2024 at 02:41:27 EST@Mava (AI Support)
Is USUALx halal?
asdfc834289
Thanks. Is it guaranteed that the USUAL we should have received up to this point for holding USD0++ will be distributed?
AlperenPacacioglu
I need a better explanation please
AlperenPacacioglu
This is not the answer. It is clearly wrong
Mr. Lin
the reward distribution details are still being ironed out, stay tuned
Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get itMr. Lin
apy not apr
Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get itMava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. The discrepancy you are seeing might be due to the way rewards are compounded or displayed. The APY is an annual rate, and daily rewards might not be a simple division of the annual rate by 365 due to compounding effects or other factors in the reward calculation.
Mava AI BetaAlperenPacacioglu
Hello, i don't understand how the Usual regards are calculated. Seems the calculation is wrong.. I have 7828 usual staked. The rate is 345% that makes a daily reward of 82.49 usual. But it shows in a daily reward of 35.78. The yearly rewards divided by 365 makes a daily reward of 82.49. I don't get it
jko
did u joined on pills campaign?
jko
you mean for pills campaign?
TRxLeoYT
They block the msg I earn points but not update about reward
Mr. Lin
bello
jko
what claim?
Mava (AI Support)
Currently, Euler isn't fully integrated into the Usual UI, so rewards accrue to their smart contract. They will likely redistribute themselves until full integration is achieved. Rewards for USD0++ are distributed in $USUAL tokens and accumulate on your Usual dashboard, where they can be claimed.
Mava AI BetaTRxLeoYT
where is the claim link
asdfc834289
with USD0++ Lending on euler, how are the USUAL rewards distributed?
jko
hello sers
Unusual
thanks๏ผ
Short-term debt for long-term investment, is there a risk of run on the bank under extreme risks? Similar to the Silicon Valley Bank crisis last year. Stablecoins are its liabilities, and US bonds are its assets. When there is a run on the bank, the stability mechanism fails, leading to a collapse.Mr. Lin
answered in chinese section
@Mr. LinMay I ask where the main source of revenue of USUALx is? I saw in the document that the source of income is mainly 10% of the usual emissions + the handling fee for users to withdraw from the pool. Is there anything else I have overlooked? This is more important to me, so I sent a private message directly. ๐Thank youMr. Lin
answered in chinese section
BingChilling
pendleswap, uniswap,kyberswap
Jimny2024
61-65% real yield, none token emissions is a great news.
https://x.com/aixbt_agent/status/1873627300480393576?s=46&t=cvRip_cP9HpUZfsvUhDjlQ
usual dao treasury tripled to $17m while maintaining 61\-65% base apy for stakers\. real yield from actual treasury operations not token emissions\.
 on X_.8a1a568d-8edf-446e-bacf-520173d7f426.png)
Twitter โข 12/30/2024 02:08:53 EST
Liesel
Which role is impo
Unusual
Short-term debt for long-term investment, is there a risk of run on the bank under extreme risks? Similar to the Silicon Valley Bank crisis last year. Stablecoins are its liabilities, and US bonds are its assets. When there is a run on the bank, the stability mechanism fails, leading to a collapse.
Usual
@Mr. LinMay I ask where the main source of revenue of USUALx is? I saw in the document that the source of income is mainly 10% of the usual emissions + the handling fee for users to withdraw from the pool. Is there anything else I have overlooked? This is more important to me, so I sent a private message directly. ๐Thank youmiyaa
who can help me๏ผ
@Mr. LinMay I ask where the main source of revenue of USUALx is? I saw in the document that the source of income is mainly 10% of the usual emissions + the handling fee for users to withdraw from the pool. Is there anything else I have overlooked? This is more important to me, so I sent a private message directly. ๐Thank youUsual
miyaa
@Mr. LinMay I ask where the main source of revenue of USUALx is? I saw in the document that the source of income is mainly 10% of the usual emissions + the handling fee for users to withdraw from the pool. Is there anything else I have overlooked? This is more important to me, so I sent a private message directly. ๐Thank you
xumzy1974024
Secondary market is like what?
Mava (AI Support)
When you swap USUALx to USUAL through a secondary market, there is no direct unstaking fee from the protocol. However, the secondary market might price in the unstaking fee in the conversion rate. So, while there's no explicit fee, it could be reflected in the rate you receive.
Mava AI BetaUsual
xumzy1974024
Want to ask if I use swap to change usualx to usual, it still needs fee?
I still dont understand how theYT USDO++ pays its 20,325% APY.
If I have 10,000 YT USDO++ tokens, which are earning an APY 20,325 - this means this is going to 200x (in coin numbers) in one year right? So with 10,000 YT tokens, I should be earning 5479 tokens per day? This isnt what I am seeing however.Mava (AI Support)
The APY for YT USD0++ is calculated based on the initial dollar amount invested, not directly on the number of tokens. The yield you receive is proportional to the yield of USD0++. Therefore, the calculation of daily earnings might not directly translate to the number of tokens you expect. The APY is a theoretical annual rate assuming reinvestment of earnings, and actual daily earnings can vary.
Mava AI Betaananasbrb
I still dont understand how theYT USDO++ pays its 20,325% APY. If I have 10,000 YT USDO++ tokens, which are earning an APY 20,325 - this means this is going to 200x (in coin numbers) in one year right? So with 10,000 YT tokens, I should be earning 5479 tokens per day? This isnt what I am seeing however.
Mr. Lin
SEND IT SERS
BOOLISH
I did some simple math for USUAL. Check it out and give it a like!
https://x.com/lucasvisionx/status/1873569669585740128Mr. Lin
So even if we only consider the real yield from t-bills, our mcap should be 1.3B?
As per me 50 cents is the fair value. Considering the speculation and future growth can go upto 75 centsBingChilling
yeah but this is only accounted revenue you need to + DAO governance speculation that upside is infinity
As per me 50 cents is the fair value. Considering the speculation and future growth can go upto 75 centsLucasโก
I respect you.
The reason Im asking, is I have deployed into the YT USDO++ 30 Jan, which is doing APY 20,325% - but I cannot see any yields to claim in Pendle. However I do see yields that I can claim in the USUAL dashboard, but thats also because I have USDO++. So I am wondering if any of the USUAL I can claim is also coming from the TY USDO++ positionMava (AI Support)
Your Pendle APY is calculated on your YT holdings, not their dollar value. The yields you see in the USUAL dashboard are likely from your USD0++ holdings. The USUAL tokens you can claim are not directly from the YT USD0++ position but from the USD0++ itself.
Mava AI Betaananasbrb
The reason Im asking, is I have deployed into the YT USDO++ 30 Jan, which is doing APY 20,325% - but I cannot see any yields to claim in Pendle. However I do see yields that I can claim in the USUAL dashboard, but thats also because I have USDO++. So I am wondering if any of the USUAL I can claim is also coming from the TY USDO++ position
BingChilling
usd0++
ananasbrb
which positions allow you to claim rewards daily?
ananasbrb
Does the YT USDO++ pay yields that are in USUAL that can be claimed daily?
If i hold USD0++ do the rewards come to my wallet or do I claim? Also I have to wait 7 days to claim?
energy$
It requires claiming
energy$
All claimed rewards should show correctly
energy$
You will see
BingChilling
because of compound you can see the total number when unstake u should have more usual team will fix the UI later
Safeguard
No response @Genji2406
Genji2406
i don't see rewards stake USUALx
Gunner funk
If revenue hits 200 million then you can double these numbers
As per me 50 cents is the fair value. Considering the speculation and future growth can go upto 75 cents
Rozy
Shame on you guys
Gunner funk
Considering 75% of USUAL staked
Rozy
What about rewards
Gunner funk
That's fair value
The ROI I mentioned is the value applied when calculating the market cap of the stock from net profit. In reality, USUAL is conservatively assumed to earn 4%, as stated above.Gunner funk
Do the math with 25% ROI
CongQ
and there will be various fund management stradegy down the road
youre talking about crypto native yields, the 5% is actual RWA yield tho
Lmao 5% ROI, you get 4.6% ROI just from bonds. Slash your estimates by half. That's the fair valueLucasโก
The ROI I mentioned is the value applied when calculating the market cap of the stock from net profit. In reality, USUAL is conservatively assumed to earn 4%, as stated above.
Gunner funk
In crypto you need a minimum of 25% ROI considering the risk
I did some simple math for USUAL. Check it out and give it a like!
https://x.com/lucasvisionx/status/1873569669585740128Gunner funk
Lmao 5% ROI, you get 4.6% ROI just from bonds. Slash your estimates by half. That's the fair value
Genji2406
when can i receive rewards form the stake usualx?
ckap7949
thank you!
treebeard
ckap7949
hi, is there somewhere I could find the historical APY thus far of USD0++?
Mava (AI Support)
When you claim your rewards, the pending rewards decrease because the portion you claimed is deducted from the pending rewards. The pending rewards include the amount that is waiting to be claimed.
Mava AI Beta
chillout
then why my pending reward decreased while I claim my claimable part?
Mava (AI Support)
No, 'Pending Rewards' specifically refers to rewards that are not yet claimable. They are separate from 'Claimable Rewards', which are rewards you can already claim. Pending rewards are typically associated with USD0++ positions and are subject to a 7-day cooldown period before they become claimable.
Mava AI Betachillout
so the Pending Rewards is more like total rewards including both pending and claimable?
chillout
is it normal that when I claim rewards, the number of my pending rewards also reduced?
If i hold USD0++ do the rewards come to my wallet or do I claim? Also I have to wait 7 days to claim?bagsanonymous
If i hold USD0++ do the rewards come to my wallet or do I claim? Also I have to wait 7 days to claim?
Mava (AI Support)
USD0 is designed to maintain a 1:1 peg with the US dollar, backed by Real-World Assets (RWAs) like US Treasury Bills. While it is structured to maintain this peg, there could be extreme situations where it might temporarily deviate from $1 due to market conditions. However, Usual has implemented risk management strategies, including an insurance fund, to mitigate such risks and ensure stability. References: 1,2
Mava AI Beta
ky
if usd0 is backed by 1:1 rwa could it go down below 1$?
Im new to this, what makes more sense to hold and stake, USD0 or the actual usual tokenMava (AI Support)
USD0 is a stablecoin backed by U.S. Treasury bills, offering security and stability. It can be used for value storage, liquidity provision, and investment opportunities. USD0++ is a liquid staking version of USD0, providing ฮฑ-yield in USUAL tokens. Holding USD0++ allows you to earn USUAL tokens as rewards. If you're looking for stability and potential yield, USD0++ might be a good choice. However, if you prefer direct exposure to the governance and potential growth of the Usual protocol, holding USUAL tokens could be beneficial. Reference: 1
Mava AI Betabagsanonymous
Im new to this, what makes more sense to hold and stake, USD0 or the actual usual token
Lucasโก
I did some simple math for USUAL. Check it out and give it a like! https://x.com/lucasvisionx/status/1873569669585740128
Letโs do some simple math on $USUAL\! ๐งฎ Estimating @usualmoney's revenue is pretty straightforward\. With a current TVL of around $1\.8B and a conservative assumption of a 4% yield on U\.S\. short\-term treasuries, weโre looking at an annual revenue of $72M\. Out of that, 90% flows
 on X_.4fc8bd2c-eb52-45f2-b7c0-46b8598294f5.jpeg)
Twitter โข 12/29/2024 22:19:53 ESTky
And the end of the 4 year period I would get the equivalent in usd0 rigth?
If i want to buy usd0 and then stake usd0 into usd0++, wouldnt it be better to directly swap for usd0++? Is there any difference?Mava (AI Support)
You can directly swap for USD0++ without needing to first buy USD0 and then stake it. Regardless of the method, as long as you hold USD0++, you are eligible for the benefits associated with it.
Mava AI Betaky
If i want to buy usd0 and then stake usd0 into usd0++, wouldnt it be better to directly swap for usd0++? Is there any difference?
If i stake now and the amount of usual in market incress when i got unstake i will recive more usual to equal proportion?Mava (AI Support)
Yes, when you stake USUAL into USUALx, you receive a share of the staking rewards. Over time, this share will allow you to withdraw more USUAL when unstaking, reflecting the accumulated rewards.
Mava AI BetaVucVuc รhoGolpe
If i stake now and the amount of usual in market incress when i got unstake i will recive more usual to equal proportion?
ky
cheapest way to buy usd0?
Tiago
@Mava (AI Support) how much ETH is necessary to do the stake?
If incress the amount of usual in the market the ratio of usualx recived in stake is minor?Mava (AI Support)
Yes, if the amount of USUAL in the market increases, the ratio of USUALx received when staking may be lower. This is because USUALx acts like a vault share, representing your share of the vault and rewards. As more USUAL is staked, the share of rewards per USUALx may decrease.
Mava AI BetaVucVuc รhoGolpe
If incress the amount of usual in the market the ratio of usualx recived in stake is minor?
VucVuc รhoGolpe
When i go unstake i will recive the same amout minus 10% of all stake?
What does the 3.1 USUAL/USD0++ mean? Is it 3.1 USUAL/USD0++ earned per year? Per 4 years? How to find how many are earned daily?Mava (AI Support)
The 3.1 USUAL/USD0++ refers to the minting factor, which indicates the amount of USUAL tokens rewarded per USD0++. However, the document does not specify the exact time frame for this rate. To find out how many are earned daily, you would need to divide the annual or specified period rate by the number of days in that period. Unfortunately, the documentation does not provide a clear breakdown of the daily earnings.
Mava AI Beta
Aeoluz
Are point still ongoing?
Dave.race
What does the 3.1 USUAL/USD0++ mean? Is it 3.1 USUAL/USD0++ earned per year? Per 4 years? How to find how many are earned daily?
Mava (AI Support)
No, the amount of USUALx you receive when staking is not directly affected by the price of USUAL. The USUALx represents your staked USUAL and the rewards you can earn from it, but the conversion rate between USUAL and USUALx is not influenced by price changes.
Mava AI BetaVucVuc รhoGolpe
If usual price rise you recive more usualx when you going to stake?
If usual price rise you recive more usualx when you going to stake
Lucky Boy
Im done wipe me of please ๐คฃ
Dave.race
Ok, but what is the period?
Mava (AI Support)
The 3.1 USUAL/USD0++ refers to the minting factor, which indicates the amount of USUAL tokens minted per USD0++ over a specific period. This factor is part of the mechanism that determines how USUAL tokens are distributed as rewards to holders of USD0++. It reflects the scarcity and reward dynamics within the Usual protocol.
Mava AI BetaDave.race
What does the 3.1 USUAL/USD0++ mean?
Mava (AI Support)
When you stake USUAL, you receive USUALx as a representation of your staked amount. Over time, the value of USUALx increases as it accumulates rewards, which can be claimed by unstaking.
Mava AI BetaVucVuc รhoGolpe
You gain usualx or usual token in stake as a reward?
VucVuc รhoGolpe
The price os usual and usualx will be the same?
Mava (AI Support)
The decision to stake or hold USUAL depends on your investment strategy. Staking USUAL into USUALx allows you to earn a share of the staking rewards, which can increase over time. Holding USUAL without staking does not provide these additional rewards. However, staking involves a 10% unstaking fee, so it's generally more beneficial for long-term holders.
Mava AI BetaVucVuc รhoGolpe
So what is better stake or hold usual?
Usual
Lucky Boy
Its hard and big help me push ๐ฉ
bruno1995
let me sell it first calm down
Lucky Boy
Ill let you know when i finish so you can wipe me off nyahaha
bruno1995
hsauhsauh
Lucky Boy
1m ๐ฉ
bruno1995
100 TOKENS ?
Lucky Boy
Good day guys its time again for my daily dump of tokens ๐๐ฉ
Cowboy James
Okay, I think I found it.
FYI yโall, Iโm not the most tech savvy.
Cowboy James
I thought I just did, lol.
Cowboy James
Thank you! Yes, could you please fix that for me?
Lol, itโs a long read. I going to finish reading the rest of the Usual white paper. I wanted to check out the site as it talked about the LST (USD0++), which I saw some people mention above; but, I canโt access the website because it says my region is restricted. How do I fix that?
new
@Mava (AI Support) i stake usual into usualx today when reward will start show up in dashboard
i stake usual into usualx today when reward will start show up in dashboard
Howdy! Iโm new to this community. I recently purchased some USUAL tokens. Iโm still trying to learn the tokenomics. Is there some sort of document that goes through it?
Howdy! Iโm new to this community. I recently purchased some USUAL tokens. Iโm still trying to learn the tokenomics. Is there some sort of document that goes through it?Mava (AI Support)
Welcome to the community! You can find detailed information about the tokenomics of USUAL in the documentation and whitepaper available on our website. Here's the link to the whitepaper: Usual Whitepaper. Reference: 1
Mava AI BetaCowboy James
Howdy! Iโm new to this community. I recently purchased some USUAL tokens. Iโm still trying to learn the tokenomics. Is there some sort of document that goes through it?
May I know what the โ7 days verificationโ mean? Does it apply only to the first deposit? Or all subsequent deposits?Mava (AI Support)
The '7 days verification' refers to a period during which rewards from USD0++ accumulate daily but cannot be claimed until after this period. This applies to all rewards, not just the first deposit. Each new reward cycle starts its own 7-day verification period.
Mava AI Betadreamsee
May I know what the โ7 days verificationโ mean? Does it apply only to the first deposit? Or all subsequent deposits?
0xalicej
When does the early unstaking module go live approximately
famousfxck
Yeah okay thatโs true
Mava (AI Support)
USUALx does not have a direct price movement with USUAL. Instead, USUALx acts like a vault share, representing your share of the vault and rewards. The notional (dollar) value doesn't change, but the value in terms of USUAL can vary based on the rewards accumulated.
Mava AI Beta
jappold777
does USUAlx price move with the normal usual price?
ไธๅฮนไธใฉฮน
12/29/2024 at 19:51:33 ESTIt's a shame that it's so difficult to do this usual blocking to get usualx, plus they drive me crazy with so many different APY numbers.
BingChilling
same with tao bro let's be real
So there is no โrevenue switchโ because itโs already activated through USUAL emissiontreebeard
Nah, the usual is not the revenue itself, it's distribution rate is just tied to revenue
famousfxck
USUALx only gives you ownership of the treasury, which is only 16M$ atm
So there is no โrevenue switchโ because itโs already activated through USUAL emission
Wait no actually, the revenue is already being distributed in USUAL emissionsโฆ
USUALx and USD0++ are incredibly great products
famousfxck
Nah if they turn on revenue switch, everyone would be getting almost 70 cents back on every dollar investment
Governance probably when weโre mature enough
kirten
anyone know when the governance will start?
I think the 47% refers to if all of the revenue was being distributed to current usualx stakers, but I'd have to double checkkirten
but anyway if price goes up we will return to 10% revenue switch
treebeard
I think the 47% refers to if all of the revenue was being distributed to current usualx stakers, but I'd have to double check
kirten
70 mln
famousfxck
70kk?? What does that mean
Most people would receive double their money + USUALx share
Meaning if revenue switch would be turned on
kirten
Due to the site revenue is 70kk. So 47% revenue switch is around 34kk. Not so much
famousfxck
Mind you, thereโs only like 110M usual being staked now
Meaning they could share 72M$ already for this year
291M$ 4y revenue now
Revenue share would be big if true
True
treebeard
If there's a revenue share. That probably will depend on governance, etc.
famousfxck
Holy crap ๐๐ super bullish now
This means that APY should actually be way higher
treebeard
Nope, not including the 10% usual emission
famousfxck
That will be huge lol
That isnโt correct, because if I calculate that Iโm already earning that amount
No, just usual tokens. There isn't a direct revenue share at the moment, but that's what that projected apy on the app is referring tofamousfxck
Huh so the projected APY we see is including the 10% from USUAL emission + revenue?
treebeard
Basically distributing the yield from the underlying t bills to usualx holders directly
treebeard
No, just usual tokens. There isn't a direct revenue share at the moment, but that's what that projected apy on the app is referring to
famousfxck
@Mava (AI Support) is this on top the 10% USUALx is receiving now?
Mava (AI Support)
The 'revenue switch' refers to a mechanism within the Usual protocol where the DAO accrues treasury from interest earned on USD0 collateral. This treasury, while currently undistributed, can be redirected as dividends to USUALx holders when the revenue switch is activated. This ensures that users must stake USUAL to claim economic value when the revenue switch is turned on.
Mava AI Beta
famousfxck
@Mava (AI Support) what do people mean with revenue switch?
famousfxck
Oh wait so we arenโt getting revenue now?
ilo00o
Is it found in the whitepaper?
ilo00o
Thanks ๐
Hello bot, I have a question. When the revenu switch is turned on, what can we expect in terms of revenue per staked usual?treebeard
There's a projected APY of the revenue switch on the app page if you scroll down
Hello bot, I have a question. When the revenu switch is turned on, what can we expect in terms of revenue per staked usual?Mava (AI Support)
When the revenue switch is activated, the treasury's accrued interest from USD0 collateral will be redirected as dividends to USUALx holders. This means that users who have staked USUAL will receive a share of the protocol's revenue, enhancing their returns. The exact revenue per staked USUAL will depend on the total amount of revenue generated and the number of USUAL tokens staked.
Mava AI Betailo00o
Hello bot, I have a question. When the revenu switch is turned on, what can we expect in terms of revenue per staked usual?
Sigh
Wen Usualx on L2s
BingChilling
U can add friend me and we can discuss
BingChilling
Whats start??
angelyo
How long is the vesting for the USD0++ staking rewards?
angelyo
is there any vesting for the USD0++ staking rewards?
Arsalan
Wen reward on Arbitrum
Lucky Boy
@BingChilling i have question with morpho strat
dEx3p
each day you get rewards added and so some would move from not claimable to claimable that day and new rewards would be added. So maybe because you receive a steady yield it seems like its not changing? Also if you removed all your usual earning positions at one time and then cam eback to earning usual emissions the timer is reset
Mava (AI Support)
If the value you're referring to is related to USD0++ rewards, they can be claimed after the 7-day verification period. If it has been more than 7 days, you should be able to claim it now. Please check your dashboard for the claim option.
Mava AI Beta
JazzySt
Every seems to be settled and surviving major world events lol
JazzySt
ATM nothing until they implement staking fee in Q1-q2
Noรฉ
@new no need to burn $USUAL to redeem USD0++ rn
JazzySt
Then be aware thereโs a 10% unstake fee
JazzySt
Go onto usual dapp, connect to your preferred dex wallet (the one you have usual tokens or dollars and enough eth for gas fees), make sure your stuff is on eth, then you should be able to see your usual tokens, you can stake them into usualx 1:0.9
Mava (AI Support)
The revenue switch mechanism is currently undistributed, meaning it has not been activated yet. When activated, it will redirect the treasury as dividends to USUALx holders. Users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Beta
ilo00o
When will the revenu switch be turned on? Or is it already?
new
When Unstake usd0+ to usd0 u how much usual token need to paid to exit
ilo00o
Hola
new
When Unstake usd0 how much usual token need to paid to exit
JazzySt
Itโs only usualx
JazzySt
No
Shinya~
Will unstaking USD0+ be subject to a 10% fee?
ไธๅฮนไธใฉฮน
12/29/2024 at 15:49:06 ESTEverything, I don't know where to start, I just bought the usual token on bitget
Noรฉ
# ๐คใtroubleshooting can help you also
Noรฉ
What don't you understand sir
ไธๅฮนไธใฉฮน
12/29/2024 at 15:46:16 ESTScammers, please do not try to contact me privately in any way. Thank you.
Has anyone made a video on how to do regular staking or is there a step-by-step guide?
I still don't understand how ๐
Mava (AI Support)
To stake USUAL tokens, you can convert them into USUALx, which allows you to earn staking rewards. There is no locking period, and you can stake as much as you like. The rewards are accumulated over time and can be withdrawn when you unstake your USUALx back to USUAL. References: 1
Mava AI Betaไธๅฮนไธใฉฮน
12/29/2024 at 15:42:15 ESTDo you have any guide for doing the usual staking?
ไธๅฮนไธใฉฮน
12/29/2024 at 15:39:58 ESTOne question, is the 10% commission to exit staking on profits or on the full amount?
kirten
Ok. But how revenue switch mechanism works? Will it be buyback of USUAL tokens for USUALx holders?