#
💬ㆍgeneral
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 22 of 74
are the amount of Usual that you earn each day by stacking your Usuals stay the same for a fixed APY or it grows since the stacked Usuals grows also ?
Mava (AI Support)
The amount of USUAL you earn grows because USUALx is designed to auto-compound. This means that your rewards are automatically reinvested, increasing your staked amount and thus potentially increasing your earnings over time.
Mava AI Betakiratsunami
are the amount of Usual that you earn each day by stacking your Usuals stay the same for a fixed APY or it grows since the stacked Usuals grows also ?
Mava (AI Support)
USD0++ is staked for a maturity period of four years. However, you can sell USD0++ for USD0 anytime on the secondary market with minimal slippage. Additionally, starting from Q1 2025, you will have the option to burn $USUAL to unlock staked USD0 (USD0++) before the end of the lock-up period. References: 1
Mava AI Beta
halomoto
12/22/2024 at 07:15:49 ESTFor USD0++, when can we unstake?
Mava (AI Support)
The value of your USUALx tokens increases because USUALx acts like a vault share. This means that as rewards accumulate, the value of your share increases. The increase is not reflected as 'Pending Rewards' but is directly incorporated into the value of USUALx. This is due to the compounding nature of the rewards and the allocation of system fees to USUALx holders. References: 1
Mava AI Beta
Geri 2BleA
Why has the value of my usualx tokens increased? What is the basis for this increase?
Mateus Ball
where to find it?
No, it doesn't go up because it's a vault share. It enables you to withdraw more and more rewards over time, there's no need to withdraw to then rebuy USUALx, since rewards auto compound in that "vault".kiratsunami
you said " there's no need to withdraw to then rebuy USUALx" but The more USUALx you hold, the larger your share of the vault, which directly correlates to higher rewards, so it's logicall to try and increase your vault share by unstacking and restacking, when the difference is more than 10%
he just said that UsualX amount remains constant so it doesn't go up, the only way for it to go up is to stack more UsualsNoé
No, it doesn't go up because it's a vault share. It enables you to withdraw more and more rewards over time, there's no need to withdraw to then rebuy USUALx, since rewards auto compound in that "vault".
Since USUALx acts like a vault-share, its amount remains constant - but over time, you're able to withdraw more and moare USUAL with them.kiratsunami
he just said that UsualX amount remains constant so it doesn't go up, the only way for it to go up is to stack more Usuals
donc si j'ai bien compris, c'est une bonne idée de un-stack puis de restack ses Usuals aprés un moment, surtout si la différence est supérieur à 9% qui est les fees pour le stacking, aprés pour le unstacking on peut échapper aux fees de unstacking si j'ai bien compris
Proportion
non, better to just hold usualx usualx only goes up
Since USUALx acts like a vault-share, its amount remains constant - but over time, you're able to withdraw more and moare USUAL with them.kiratsunami
donc si j'ai bien compris, c'est une bonne idée de un-stack puis de restack ses Usuals aprés un moment, surtout si la différence est supérieur à 9% qui est les fees pour le stacking, aprés pour le unstacking on peut échapper aux fees de unstacking si j'ai bien compris
Mava (AI Support)
If your unstaking fee is showing as 0%, it might be due to routing through a secondary market. When you swap USUALx to USUAL through a secondary market, the unstaking fee might not apply directly, but the market could still price it in. If this doesn't explain your situation, please check for any recent updates or changes in the protocol.
Mava AI Beta
@Mava (AI Support)
in the UI when I try to unstack only my Usuals are shown to have icnreased does the UsualX remain constant or is it just a UI bug ?Noé
Since USUALx acts like a vault-share, its amount remains constant - but over time, you're able to withdraw more and moare USUAL with them.
@Mava (AI Support)
in the UI when I try to unstack only my Usuals are shown to have icnreased does the UsualX remain constant or is it just a UI bug ?Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. This means that while the value of USUALx may not appear to change immediately, it is actually accumulating rewards. If you notice discrepancies, it might be a UI update issue.
Mava AI Betakiratsunami
@Mava (AI Support) in the UI when I try to unstack only my Usuals are shown to have icnreased does the UsualX remain constant or is it just a UI bug ?
so it's better to get more UsualX to unstack your tokens after a while and stack them again, if only the UsualX are counted for
so how is it auto compounding ?
are the tokens that I earn based on solely my UsualX tokens, or the newly stacked Usual tokens counted forMava (AI Support)
The rewards you earn are based on your USUALx tokens. When you stake USUAL into USUALx, USUALx acts like a vault share. This means your rewards accrue and auto-compound, and you can see them when trying to unstake. The rewards are not based on newly staked USUAL tokens but on the USUALx tokens you hold. Reference: 1
Mava AI Betakiratsunami
are the tokens that I earn based on solely my UsualX tokens, or the newly stacked Usual tokens counted for
Hello, I staked Usual tokens 3 days ago. Rewards are at 0 right now. How often are any distributions?Mava (AI Support)
Hello! With USUALx, rewards are reflected directly in its value rather than appearing as 'Pending Rewards.' This means you won't see separate reward distributions, as they are integrated into the token's value.
Mava AI Betaroma_anta
Hello, I staked Usual tokens 3 days ago. Rewards are at 0 right now. How often are any distributions?
Bonjour, si on augmente notre position de stacking gardons nous le ratio obtenue pour l' usualx ?Mava (AI Support)
Lorsque vous augmentez votre position de staking, le ratio de récompenses pour USUALx peut changer en fonction du nombre total de participants et de la distribution des récompenses. Les récompenses USUALx sont un pourcentage fixe de la distribution totale d'USUAL, donc si plus de personnes stakent, votre part individuelle peut diminuer.
Mava AI Betaptitspapiers
Bonjour, si on augmente notre position de stacking gardons nous le ratio obtenue pour l' usualx ?
Mava (AI Support)
The USUAL token is the primary token within the Usual ecosystem, serving as a reward mechanism, incentive structure, and governance tool. It is distributed daily and can be staked to earn additional rewards. On the other hand, USUALx is the token representing staked USUAL. It grants holders access to additional benefits, including participation in reward distributions and governance rights within the protocol. USUALx holders receive a share of the daily distribution of USUAL, which is 10% of the total USUAL emitted by the protocol. References: 1
Mava AI BetaNoé
I don't have that info tbh - can ask, but it's sunday 
Geri 2BleA
What is the difference between a usual token and a usualx token? @Mava (AI Support)
tommyshelbers
given how quick the apr moves, the difference is massive if it uses multiple day rolling basis, if its just few blocks then its ok
if rolling , whats the numbers used, 7 blocks moving average? 14? 1 day?
@Noé oh yes, and for apr calculation, whats the numerator and denominator.
Is the numerator the previous 1 block rewards (usualx base apr from 10% distribution + any unstaking distribution) or average of eg 3 block/7block/daily etc
and is the denominator the current stake usualx the previois block or average of x amount of blockstommyshelbers
@Noé calculation is rolling basis or just last block
So, the exact formula is available on the whitepaper: 
desnake
And initial supply & price must be some global constants, so they obviously can be found onchain The question is where
MaskaraChico | Boardroom
was curious, wen team's gonna distribute the allo to the polynomial users. It's not like they were unofficial integration
desnake
Yes, but all this is retrospective data The goal is to simulate its behaviour
Overall yes, also want to understand how minting factor will behave with the change of other system parametersNoé
So, the exact formula is available on the whitepaper:
desnake
Overall yes, also want to understand how minting factor will behave with the change of other system parameters
Mava (AI Support)
The Early Redemption feature allows users to unlock their USD0++ before the maturity date by using mechanisms such as USUAL Burning Redemption, Price Floor Redemption, and Parity Arbitrage Right. This feature is not live yet, so currently, you can freely unstake USD0++ at an almost 1:1 rate without penalties.
Mava AI Betakiratsunami
what is the early Redemption feature ?
Swap from USUAL to USUALx uses a conversion rate of 1:0.921, the other way around seems to be 1:1 with a 10% fee. So basically there is a 8% fee for staking initially, or do i got something twisted?Mava (AI Support)
The conversion rate from USUAL to USUALx is not a fee but reflects that USUALx acts like a vault-share, representing your share of the rewards. The 10% fee applies when unstaking. There is no additional 8% fee for staking.
Mava AI Betamarioman92
Swap from USUAL to USUALx uses a conversion rate of 1:0.921, the other way around seems to be 1:1 with a 10% fee. So basically there is a 8% fee for staking initially, or do i got something twisted?
Noé
Are you asking that to calculate the Minting Factor ?
desnake
What smart contract holds the initial values of usd0++ supply and its price?
So, if I got it right, USD0++ can be unstaked for a 0.05% fee for now (if that's lower than swapping in the secondary market), but that feature will be phased out once early redemption giving up Usual rewards go live, correct? And what's the timeline? Sorry if it was already asked but too many replies accumulated 😉Mava (AI Support)
Currently, you can unstake USD0++ without any penalty as the Early Redemption feature is not live yet. Once the Early Redemption feature is implemented, you will need to burn part of your USUAL rewards to unlock USD0++ before the end of the lock-up period. The timeline for this feature is expected to be in Q1 2025 or later.
Mava AI Betaghibly79
So, if I got it right, USD0++ can be unstaked for a 0.05% fee for now (if that's lower than swapping in the secondary market), but that feature will be phased out once early redemption giving up Usual rewards go live, correct? And what's the timeline? Sorry if it was already asked but too many replies accumulated 😉
In the $USUAL distributor calculation, the initial USD0++ supply and initial price is used
Is it possible to get those values from any smart contract?Mava (AI Support)
Yes, you can find the initial USD0++ supply and initial price values in the smart contracts related to the Usual protocol. These contracts are available for review, and you can access them to find the specific details you are looking for. Reference: 1
Mava AI Betadesnake
In the $USUAL distributor calculation, the initial USD0++ supply and initial price is used Is it possible to get those values from any smart contract?
tommyshelbers
@Noé oh yes, and for apr calculation, whats the numerator and denominator. Is the numerator the previous 1 block rewards (usualx base apr from 10% distribution + any unstaking distribution) or average of eg 3 block/7block/daily etc and is the denominator the current stake usualx the previois block or average of x amount of blocks
kiratsunami
what's the early redemption
It says 10% unstaking fees for short term holding. After how many days it is a long term holding or is it general always 10%Mava (AI Support)
The 10% unstaking fee is generally applied regardless of the duration of the holding. This fee is designed to discourage short-term holding behavior and is redistributed to those who continue to stake. The DAO has the authority to change this fee in the future. References: 1
Mava AI BetaAlperenPacacioglu
It says 10% unstaking fees for short term holding. After how many days it is a long term holding or is it general always 10%
Noé
in the future, through a dedicated vault, yes
Noé
yep
sandt
If i stake USD0++, can i also earn Ethena?
tommyshelbers
okay appreciate it!! eth block hence every 15s or so?
Noé
# 🤖ㆍtroubleshooting
There is a 7 day verification period
LN123321
still dont see any reward for my usual stake
Noé
More people are staking, diluting rewards. APY should always remain very attractive, and more staked tokens means less circulating supply, which is also good.
AlperenPacacioglu
You know why?
Also, is there any discussion in the team about stopping the 10% unstaking fee? As I mentioned last time, with the apy going drastically down, 10% fees seem disproportioned and unfair
AlperenPacacioglu
It was 1700% now only 900%
APY for UsualX is decreasing day by day...
Yeah don't worry feeling like you, biggest problem I had was leveraging my USD0++ during the pills campaign had to sold part of my initial airdrop to maintain the minimum requirements for 100% vested airdrop 🥲sandt
It's so unfair... If you're in the 1.5%, you only get 10%, but if you're in the 1.6%, you get 50%. They should have just made everything the same with linear vesting or something.
DrUky
Also, is there any discussion in the team about stopping the 10% unstaking fee? As I mentioned last time, with the apy going drastically down, 10% fees seem disproportioned and unfair
Noé
(not a scam I swear - domain is weird because it's hosted on cloudflare pages)
You can also use this community-made website: https://usualx.pages.dev/
Noé
looks like it indeed, would have to redo calculations to be 100% sure but it seems good without the fee
Debank seems wrong on the rewards calculation - at least it's not taking the unstaking fee into account as far as my calculations goes!DrUky
yeah not unstaking fee but looks like incremental rewards are ok
Noé
Debank seems wrong on the rewards calculation - at least it's not taking the unstaking fee into account as far as my calculations goes!
DrUky
@Noé
Noé
@sandt LP on Pendle, Curve etc will be accounted for, supplying on Morpho etc. The main exceptions are mostly PT and YT
sandt
Holy s........ then what are the efficient ways to utilize the USD0++ I hold?
Does debank correctly showing USUAL increasing overtime for staking $usual.x? Because based on usual website then amount of tokens are different.Mava (AI Support)
USUALx acts like a vault share, meaning the rewards are reflected directly in its value rather than showing an increase in the number of tokens. This might cause discrepancies in how different platforms display the value. On the Usual platform, the increase is reflected in the amount you can unstake over time, not in the number of tokens shown.
Mava AI BetaDrUky
what about debank data?
Danielto
Does debank correctly showing USUAL increasing overtime for staking $usual.x? Because based on usual website then amount of tokens are different.
honest_lamb_03200
@Mava (AI Support) I think this guy is impersonating
hey, continously compounded have huge difference.
For example, lets take 500% apr
Continous compounded = E^500%(1/365)
Daily continous compounded = 1.013 (~ 1.3percent daily)
Daily compounded = (1+x)^365 = 5.0
Daily interest x = 1.00419Noé
it's per block - I checked
I am in the top 1.5%, so the allocation has been vested.
If I convert my USD0++ into PT on Pendle, will I not receive the vested allocation?Noé
PT won't be accounted for vesting requirements
sandt
I am in the top 1.5%, so the allocation has been vested. If I convert my USD0++ into PT on Pendle, will I not receive the vested allocation?
Noé
Check the pin message sir
Jose LB
12/22/2024 at 05:40:57 ESTLike the rewards pendents but to UsualX
tommyshelbers
the amount of compounding period plays a huge part , will eb good if u can get the devs to pull out the calculations or at least post how its calculated
u can see the daily interest rate difference is massive @Noé
USUALx acts like a vault share, and rewards increase in that vault. But I'm not entirely sure about the block per block compounding, so just take daily compounding as a reference - there is little difference anyway.Noé
Well I can't speculate tbh but we only said that the feature wasn't live a few days ago, until then nobody could redeem or whatever, and it changed nothing, because everybody can just freely swap on the secondary market. Early Redemption, Floor Redemption and so on are just made in order to open arbitrage mechanisms. There's always the secondary market.
The amount will depend on the remaining time before normal maturity, the weekly redemption activity etc. It's fully explained in the whitepaper.
But maximum is 180 days worth of rewards and minimum is zero.halomoto
12/22/2024 at 05:27:06 ESTDo you think there will be a big sell off before the implementation of the early redemption?
so the code uses "each block" compounded? so for my formula i adjust compounding period to each block to get the interest rate per compounding period?Noé
USUALx acts like a vault share, and rewards increase in that vault. But I'm not entirely sure about the block per block compounding, so just take daily compounding as a reference - there is little difference anyway.
tommyshelbers
if you have wsteth u can use it as an example. Usualx is like wsteth and usual is like steth
Mava (AI Support)
USUALx does not peg to the USUAL token in a 1:1 manner. Instead, USUALx acts like a vault share, representing your share of the staking pool and rewards. The value of USUALx in terms of USUAL tokens can vary based on the staking rewards accumulated over time.
Mava AI Beta
youdi
Also , will usualx value peg to usual token ? Or it will vary ?
Noé
The amount will depend on the remaining time before normal maturity, the weekly redemption activity etc. It's fully explained in the whitepaper. But maximum is 180 days worth of rewards and minimum is zero.
tommyshelbers
so 1 compoudning period is approximately 15seconds?
one eth block?
daily compound (technically at each block but it can be adjusted until the end of the current cycle so let's say daily) for USUALxtommyshelbers
so the code uses "each block" compounded? so for my formula i adjust compounding period to each block to get the interest rate per compounding period?
AskMeHowToLong(3,3)
If USUAL has 1 million fans, I'm one of them. If USUAL has 1 thousand fans, I'm one of them. If USUAL has 1 fan, I'm that fan. If USUAL has no fans, I'm dead. If the world is against USUAL , I'm against the world.
halomoto
12/22/2024 at 05:22:46 ESTYes, I mean once live, what will be the amount of usual taken away?
@Noé can the team provide the formula for APY calculation? is it continously compounded formula or isit secondly compounded or daily compounded etc etcNoé
daily compound (technically at each block but it can be adjusted until the end of the current cycle so let's say daily) for USUALx
Noé
This feature is not live sir
halomoto
12/22/2024 at 05:21:54 ESTHow about the early redemption?
tommyshelbers
@Noé can the team provide the formula for APY calculation? is it continously compounded formula or isit secondly compounded or daily compounded etc etc
Noé
No rewards are taken away, what's on "Pending Rewards" is already earned
Maarten
12/22/2024 at 05:21:02 ESTait ty
famousfxck
Uhh the fee is obligatory
halomoto
12/22/2024 at 05:20:41 EST@Noé starting Q1, if we need to unstake Usd0++, how much usual rewards will be taken away?
Maarten
12/22/2024 at 05:20:21 ESTAnd I assume there's not enough liquidity to avoid the fee
famousfxck
You will get Usualx
tommyshelbers
@Noé hows the formula for APY calculated , is it continously compounded? e.g A=e^rt
famousfxck
You only get the rewards from Pendle and always need to pay 10% unstaking fee
MiCA doesn't apply to Usual right now, and fyi, Usual's CEO is the ex-parliament member in France who wrote the majority of those regulations
The Southerner
Please tell them, I told them hundred of times, it is a french based company and founders like adli are famous in cryptocurrency European world, they think i am working with you, but the truth is I am not connected to USUAL company, I just want them to recover what we lost in memes and other useless coins
Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' To see your rewards, you need to simulate an unstake, and the withdrawal amount will include your rewards.
Mava AI BetaLN123321
did not see pending reward , still zero usualx for staking 4800 tokens
SPLop5K | CTH
they are going for fight against EUR due to they are maybe afraid people settled their debts in USDT or USDC?
Mava (AI Support)
USUALx acts like a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' You can check the rewards you accumulated when trying to unstake. References: 1
Mava AI BetaLN123321
did not see my reward for staking usualx
SPLop5K | CTH
stupid regulations btw
The Southerner
The good news is coming, just stick to your USUAL's.
They are a french company,you can search with data in info provided by Binance, it is a french registered company.
🧐🔍USDT will be delisted in the EU exchanges platform , what does it mean ?
It means that company like USUAL based in Europe ( France ), will eventually replace it by a big amount of USD0 created by a European based company , lets see now how our USUAL community and founders will take this opportunity .
Lord Punterino
I love USUAL but I don't think they have licence to operate in EU ? lol
The Southerner
🧐🔍USDT will be delisted in the EU exchanges platform , what does it mean ? It means that company like USUAL based in Europe ( France ), will eventually replace it by a big amount of USD0 created by a European based company , lets see now how our USUAL community and founders will take this opportunity .
jurieagle
sorry will those 300 usual get unlocked after 4 hours>?
Gunner funk
Also partner with Cexes to use usd0
Lord Punterino
33.33% of the fee is reallocated to the remaining stakers, 33.3% to USUAL(star) and where does the remaining 33.3% go to ?
Gunner funk
USDo should go multichain and also integrated into defi premitives like Aave
Mava (AI Support)
When users exit UsualX staking, a 10% unstaking fee is applied. This fee is distributed as follows: 33.33% of the fee is reallocated to the remaining stakers, boosting their returns. This means if a user unstakes, they pay a 10 USUAL fee and withdraw 90 USUAL. The remaining stakers benefit from the fee paid by the exiting user.
Mava AI BetaLord Punterino
whats the breakdown for the UsualX staking exits?
Noé
No precise ETA right now
Gunner funk
When is it going live?
boss
What if USD0++ will depeg?
What if USD0++ will depeg
falaoaoo
Okay
Team_Tokens
ok thanks
Noé
Nobody said that
falaoaoo
I think they said they canceled the 10% pledge fee?
Mava (AI Support)
Governance isn't fully activated right now, so there might not be active proposals to vote on at the moment. USUALx gives governance power, but the voting process may not be fully operational yet.
Mava AI BetaNoé
DAO isn't fully activated yet
Team_Tokens
Where are the proposal to vote with my $USUALx ? i can't find a link on website ?
Nanobro
i have usd0++ i want usualx
Dmitriy Stepanov
The underlayer for my transaction is USD0++ as far as I understand. And it's price didn't change either.
Mava (AI Support)
When you exchange USD0 for USD0++, you lock/stake USD0 for 4 years. USD0++ is fully liquid and composable, meaning you can use it in DeFi or swap on DEXes at almost no slippage. However, the original USD0 is locked for 4 years.
Mava AI Betafalaoaoo
Has USUAL’s 10% pledge fee been cancelled?
Nanobro
how long does it take to unstake usd0++
emir
This cant be? Can i deploy USD0 with arbitrum network on usual.money?
After staking usual since Thursday I still didnt get my income 😂
Numbers are different all of the time and doesn’t match APY calculationsMava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. If you are not seeing the expected rewards, it might be due to the way the APY is calculated or displayed. APY can fluctuate based on various factors, including emissions and market conditions. If the numbers still seem off, try checking your dApp dashboard for the most accurate information.
Mava AI Betaemir
When will USUAL be available on Arbitrum network?
JhoVendetta
After staking usual since Thursday I still didnt get my income 😂 Numbers are different all of the time and doesn’t match APY calculations
Dmitriy Stepanov
I staked YT_USD0++ tokens through Pendle. The amount of YT staked didn't change from yesterday.
Could you please explain why my pending rewards amount today became smaller than it was yesterday, while claimable amount didn't change yet?Mava (AI Support)
Pending rewards can fluctuate due to changes in your USD0++ positions or the underlying assets' performance. It's possible that the value of the assets backing your rewards has decreased, affecting the pending rewards amount. However, the claimable amount remains unchanged until the rewards are fully matured and claimable.
Mava AI BetaDmitriy Stepanov
Could you please explain why my pending rewards amount today became smaller than it was yesterday, while claimable amount didn't change yet?
Mava (AI Support)
The 'UsualS' token is an ERC20 token managed by the UsualS smart contract, which includes functionalities for minting, burning, and transferring tokens. The UsualSP contract is designed for managing the vesting and staking of USUALS token allocations, allowing users to stake USUALS tokens to receive yield in the form of liquid allocations and rewards in USUAL tokens. References: 1,2
Mava AI Beta
I've been staking USUAL for a few days now but I don't see any rewards matching the APY, why?Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' You won't get more USUALx, since it represents your share of the 'vault,' but the amount you'll be able to unstake will be higher as time goes by and rewards accumulate.
Mava AI BetaDanchoz
I've been staking USUAL for a few days now but I don't see any rewards matching the APY, why?
Noé
it's a time weighted average
on the current month
Noé
No, if you hold 80% of the required amount you'll have 80% of the airdrop
ekosone
Otherwise you just loose your whole vested airdrop part?
Team_Tokens
OK thanks for your help 👍
Do I have to hold the required USD0++ to claim my vested part of the airdrop through the whole vesting period or just an average balance? Or hold it on the claim date?ekosone
Do I have to hold the required USD0++ to claim my vested part of the airdrop through the whole vesting period or just an average balance? Or hold it on the claim date?
Mava (AI Support)
Yes, USD0++ rewards will show up under 'Pending Rewards' on your dApp dashboard. These rewards are distributed at the end of each 24-hour cycle.
Mava AI Beta
12
will Usdo show up rewards at 'Pending Rewards'?
Team_Tokens
Thanks for your response but how could you explain some other guy have under "Next cycle in" a timer and i have just --
Hi is there someone to help me please. I staked my $USUAL last Thursday and i have no rewardsMava (AI Support)
Hello! 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. They do not show up under the classic 'Pending Rewards'. If you try to unstake, you should see the accumulated rewards reflected in the value of your USUALx.
Mava AI BetaHi is there someone to help me please. I staked my $USUAL last Thursday and i have no rewards
Usual
Team_Tokens
Hi is there someone to help me please. I staked my $USUAL last Thursday and i have no rewards
Mava (AI Support)
The emission of USUAL to USUALx holders is part of the protocol's ongoing distribution mechanism. USUALx holders receive 10% of the total USUAL emitted by the protocol. This distribution is designed to be continuous and is not limited to a specific timeframe, as it is tied to the protocol's performance and growth. Reference: 1
Mava AI BetaNanobro
how long do usual to Usualx emission last?
hi, i staked my usual 3 days ago, and till now i do see anything under the "earn" section, and i also don't see anything when i try to unstake, how do i see my rewards?Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' To see your rewards, 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 BetaSylvan
hi, i staked my usual 3 days ago, and till now i do see anything under the "earn" section, and i also don't see anything when i try to unstake, how do i see my rewards?
LOST
12/22/2024 at 03:59:46 ESTUsual has DIPPED to 1.06 anyone know why? Will it recover soon?
hello lovely communitiy. Is the indicator of "pending rewards" for the whole week? I have devide by 7?Linden911
hello lovely communitiy. Is the indicator of "pending rewards" for the whole week? I have devide by 7?
Merlin
12/22/2024 at 03:56:20 ESTyes thanks but i was on telegram but u don care abt the tlg lol
treebeard
It's explained in the most recent pinned message in this channel
Merlin
12/22/2024 at 03:55:40 ESTi have 2500 usual
boo
If I sell on the chain, can I avoid the 10% handling fee?
Merlin
12/22/2024 at 03:55:26 ESTif unstake 10% of my invest
if i unstake right now 0 fee ?
treebeard
They're different things, you can't just divide APY by 365 to get your return after 1 day
Merlin
12/22/2024 at 03:54:08 ESTit means its for 1 year
and ?
treebeard
It's APY not APR
Mava (AI Support)
https://app.usual.money/airdrop
Mava AI Beta
yurchik_88
Where is a link for claim?
Merlin
12/22/2024 at 03:52:31 ESTlol apy is not correct
yurchik_88
Is it possible to collect the awards for galxe participants already?
Merlin
12/22/2024 at 03:51:35 ESTonly the usual ammount change ??
so usualx ammount is the same
Hi Guys. Just wondering what does this liquidity mean on the website, doe it how many USD0 being staked or?
Jimny2024
TVL means people deposits usdt/usdc to buy Usd0. It represents total capital locked in protocal. Usd0++ is the total staked amount of Usd0
Mava (AI Support)
To determine when your investment will become profitable with an APY of 900%, you need to consider the compounding frequency and the initial amount invested. APY assumes a yearly return, so breaking it down to daily returns involves converting APY to APR and dividing by 365 days. However, achieving a positive return in just 3 days with such a high APY is unlikely due to the nature of compounding over a year.
Mava AI BetaMerlin
12/22/2024 at 03:49:16 ESTlst ?
icarioth
So with Apy around 900% itd 3 days before its + for me ?
icarioth
IF i want to unstake usual i will pay 10% from all my coins ?
Mava (AI Support)
The cliff period for claiming vested USUALS allocations is user-specific and is a multiple of the ONE_MONTH constant. This means the duration can vary depending on the specific agreement or setup for each user. Reference: 1
Mava AI Beta
FTD JOKER
Is there a fixed time frame , how long does cliff period last?
Mava (AI Support)
You can start claiming your vested USUALS allocations after the cliff period is over. The claimable amount is calculated based on the duration passed since the vesting started. Reference: 1
Mava AI BetaFTD JOKER
How long before I can start claiming usual?
I have. Question just by converting you usual to usualx , does staking finish or we have to do something sense , like another step?FTD JOKER
I have. Question just by converting you usual to usualx , does staking finish or we have to do something sense , like another step?
Hi Guys. Just wondering what does this liquidity mean on the website, doe it how many USD0 being staked or?
BingChilling
Read LST
Please clear up this doubt for me because I placed my tokens on the usual Friday and until now my earnings have not appeared! I have to wait 7 days and if there is this 7 day period! Did these 7 days of verification yield earnings or did it only start yielding after 7 days?Mava (AI Support)
When you stake your tokens, the earnings start accumulating immediately. However, there is a 7-day verification period before you can claim these earnings. During this period, your rewards are still being generated, but you can only claim them after the 7 days have passed.
Mava AI BetaNapa
Please clear up this doubt for me because I placed my tokens on the usual Friday and until now my earnings have not appeared! I have to wait 7 days and if there is this 7 day period! Did these 7 days of verification yield earnings or did it only start yielding after 7 days?
falaoaoo
👍
Mava (AI Support)
You can check your USUAL staking rewards directly on your dApp dashboard. When you stake USUAL into USUALx, it acts like a vault share, meaning your rewards accrue and autocompound. You can see the rewards when you try to unstake, as they do not show up under the classic 'Pending Rewards'.
Mava AI Beta
zakuku
Where exactly can I check how much USUAL staking rewards I have earned?
Mava (AI Support)
No, there is no specific staking time required for USUAL. You can stake and unstake at any time. However, rewards from staking USUAL into USUALx are auto-compounded and do not require a 7-day waiting period. Only rewards from USD0++ have a 7-day verification period. References: 1
Mava AI Beta
LN123321
i need to stake usual for 7 days and get the reward after that ???
jko
no
Chris_MEXC
So we have 1.4 TVL on USD0, and only 222M of them got staked?
Chris_MEXC
But as I have read in the doc, the maturity is 4 year, why it can be redeemed already?
jko
yes
Hi Guys. Just wondering what does this liquidity mean on the website, doe it how many USD0 being staked or?Mava (AI Support)
Liquidity on the website generally refers to the availability of USD0 or other assets that can be quickly converted into cash or other assets without affecting the price significantly. It does not specifically indicate how many USD0 are being staked, but rather the ease with which these assets can be traded or redeemed. Reference: 1
Mava AI Betajko
u cant stake on binance
icarioth
How can i staka usual from Binance? I have to send it to wallet like metamask ?
usual price down to $1 now. when will be able to claim polynomial usual token？
It's been a week now@Magicking@Mr. Lin@Mava (AI Support)Mava (AI Support)
Hey, as far as I know, even though Polynomial is not fully integrated or displayed, Polynomial accrues the rewards for users and should redistribute them later. Please keep an eye on updates from Usual for the exact timeline.
Mava AI Betasakalaka
usual price down to $1 now. when will be able to claim polynomial usual token？ It's been a week now@Magicking@Mr. Lin@Mava (AI Support)
Sayooj
12/22/2024 at 03:15:44 ESTWhen 7th day?
The Southerner
@Mava (AI Support) give me the link for galxe
On_a_mission😎👌
When will the 10% unstake fee be removed?
Cryptoloud"
Where did you check
Cryptoloud"
Link to that
qiwi
i was wondering about that. seems like the only vuln at the moment.
zakuku
You stake is USUAL, the reward is usualx
Lucky Boy
Great thanks
treebeard
Yeah in general
ayaangavandi
I filled the form and i have 235 points in galxe but still not eligible why??
Lucky Boy
I havent seen it sorry was it in the general?
treebeard
Yes it's explained in the pinned message
Not sure what you mean by justify. For your second question check the pinned messages in this channelLucky Boy
Ok but you see the image why the fee was removed in my view
treebeard
Not sure what you mean by justify. For your second question check the pinned messages in this channel
ayaangavandi
galxe rewards distributed?
@treebeard bro the apy is going down again does this still justify the 10% unstake fee?
treebeard
There's a 10% fee to unstake
Micha
With unstake, on the contrary, the amount of usual decreased.
> The amount of USUAL to be returned at the maximum is 180 days worth the current rewards rate while the minimum is 0 depending on the weekly outflow of TVL compared to the target allowed net outflow.
> 33.33% will be burnt while 33.33% will be allocated to USUAL* and 33.33% will be allocated to USUALx (one third is allocated to each of the three routes).halomoto
12/22/2024 at 02:09:20 ESTSo it means all usual rewards will be taken away? I don’t quite get it
Can anyone tell me how often the rewards for usualx are updated? Because my usualx quantity is not increasingMava (AI Support)
USUALx rewards are updated every block. However, the quantity of USUALx itself does not increase because it acts like a vault share. Instead, the value of your USUALx increases as rewards accumulate. You can see the increase in value when you try to unstake.
Mava AI Beta
Micha
Can anyone tell me how often the rewards for usualx are updated? Because my usualx quantity is not increasing
treebeard
> The amount of USUAL to be returned at the maximum is 180 days worth the current rewards rate while the minimum is 0 depending on the weekly outflow of TVL compared to the target allowed net outflow. > 33.33% will be burnt while 33.33% will be allocated to USUAL* and 33.33% will be allocated to USUALx (one third is allocated to each of the three routes).
halomoto
12/22/2024 at 02:04:14 ESTActually it’s to burn all the usual yield…
USD0++ can be unstaked at any time before the early unstaking feature is implemented. Once launched, this feature will let users unstake their USD0 early by burning their accumulated USUAL yield. A portion of the burned USUAL will be shared with USUALx holders.
Can you show me?
treebeard
It's not
halomoto
12/22/2024 at 02:01:57 ESTI think it’s 33% of all the usual reward
treebeard
It should be 33% of the fee iirc, not 33% of the reward
halomoto
12/22/2024 at 02:00:54 ESTIt’s quite a lot to me
It said it will burn 33% reward once unstaked
treebeard
Yeah I think the LP is 1% fee but I'd have to double check
CongQ
Still will have the sec market LPs
CongQ
Doesn’t matter really it’s mainly to prevent primary TVL bank run
treebeard
On the secondary markets, probably yes
It's not, you're selling your vault share (usualx) on a dex, so not technically going through that feeCongQ
Still, LPers still need to make a profit
halomoto
12/22/2024 at 01:58:56 ESTYes so I’m not sure what will happen when this launch. There will be a impact
treebeard
It's not, you're selling your vault share (usualx) on a dex, so not technically going through that fee
Micha
About a day. I thought that rewards should be updated once a day
CongQ
The burning USUAL to unstake USD0++ part isn’t implemented yet
halomoto
12/22/2024 at 01:58:19 ESTSo it’s different
For usual x in sec market now, the unstaking 10% is factored in
CongQ
Yeah, because the primary market method hasn’t been implemented yet
halomoto
12/22/2024 at 01:57:46 ESTNo unstaking fee factored in
treebeard
Well, for now, and not with infinite size
halomoto
12/22/2024 at 01:57:27 ESTI don’t think it’s same logic. Now we can do almost 1:1 usd0++ to USD in sec market
But I haven’t accumulated rewards, which is the usual amount I had when exchanging, and that’s what I have now.CongQ
How long uve staked for
Micha
But I haven’t accumulated rewards, which is the usual amount I had when exchanging, and that’s what I have now.
CongQ
Do not DM him
CongQ
Oh, Same logic tho
And secondary market doesn’t mean minting USUAL by not burning rewards, just means that someone exchange their share of the pool to another one, minting new USUAL using USUALx still will require 10% to be burnedhalomoto
12/22/2024 at 01:55:04 ESTI’m talking about usd0++
Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and auto-compound, and you can see them when trying to unstake. They do not show up under 'Pending Rewards', unlike USD0++ rewards.
Mava AI BetaMicha
Hello, I transferred my received usual to usualx, but I don’t receive any rewards, why?
CongQ
And secondary market doesn’t mean minting USUAL by not burning rewards, just means that someone exchange their share of the pool to another one, minting new USUAL using USUALx still will require 10% to be burned
Mendasuci
fee unstake usualx gone ?
CongQ
No one, at the same time also no one will mint new USUALx and dilute your share in the pool
halomoto
12/22/2024 at 01:51:36 ESTEverything doesn’t make sense to me here
halomoto
12/22/2024 at 01:49:51 ESTIf everyone sell in secondary market, who will choose unstake which will burn their rewards?
JazzySt
As for unstake it will cost you some $USUAL in fees
halomoto
12/22/2024 at 01:49:14 ESTI’m confused
halomoto
12/22/2024 at 01:49:01 ESTThen who will use the new unstake function?
boss
what is "BIG" in USD0++?
JazzySt
Once unstake is implemented you can still swap USD0++ for USD0 1:1 no slippage
halomoto
12/22/2024 at 01:47:38 ESTSo it will be costly to unstake in Q1 2025?
JazzySt
Any time at the moment for no unstake fee
Mava (AI Support)
USD0++ is staked for a maturity period of four years. However, you can sell USD0++ for USD0 anytime on the secondary market with minimal slippage. Additionally, starting from Q1 2025, you will be able to burn $USUAL to unlock staked USD0 (USD0++) before the end of the lock-up period. References: 1
Mava AI Betahalomoto
12/22/2024 at 01:46:38 ESTWhen can unstake usd0++?
Mava (AI Support)
USD0++ is not a Ponzi scheme. It is a staked version of USD0, designed to provide yield through the Usual protocol. If the Total Value Locked (TVL) does not increase, the emission of $USUAL tokens may decrease, but USD0++ holders can still earn yield based on the protocol's revenue and growth. The APR on USD0++ is tied to the protocol's performance and revenue generation. References: 1
Mava AI Betaboss
Is USD0++ a ponzi? What if TVL will not increase? Will I get APR on USD0++?
Mava (AI Support)
When you hold USD0++, you receive the benefit of the yield in the form of $USUAL. The rewards come from the fees collected from USD0++ and are used to buy back USUAL to distribute as rewards.
Mava AI Betaboss
Why I get USUAL when staking USD0++. Where money come from
I have transferred Usual to Binance web wallet 3 but I don't see Usual balance in the wallet. Please help me?Mava (AI Support)
It seems there might be an issue with the transfer or the visibility of the token in your wallet. Please ensure that you have added the correct contract address for the USUAL token in your Binance web wallet. If the problem persists, you may need to contact Binance support for further assistance.
Mava AI BetaI have transferred Usual to Binance web wallet 3 but I don't see Usual balance in the wallet. Please help me?Usual
Vinhnp997
I have transferred Usual to Binance web wallet 3 but I don't see Usual balance in the wallet. Please help me?
Mava (AI Support)
Usual aggregates tokenized Real-World Assets (RWAs) from entities like BlackRock to transform them into a permissionless, on-chain verifiable, and composable stablecoin (USD0). Reference: 1
Mava AI Beta
ponzisaur
Does usual have a partnership with blackrock?
JazzySt
Change network to something else then back to eth
ashneg
you can use jumper bridge
JazzySt
Oh
Dang
Sam
yea, lot of times ):
Mava (AI Support)
Yes, the treasury earns money from the tokens. The revenue generated by the protocol is accumulated and compounded in the treasury, which is backed by Real-World Assets (RWAs). This revenue supports the value of the $USUAL token. The protocol's revenue, including that from USD0 and USUAL, is allocated directly to the treasury, enhancing its value. References: 1
Mava AI BetaJazzySt
Hmmm have you tried clearing cache and refreshing?
Wrathed
Does the treasury earn any money from any of the tokens themselves (USDO, USUAL, etc)
Wrathed
Does the treasury earn any money from any of the tokens themselves?
Sam
yes
JazzySt
It is on eth network?
Sam
My usdc doesnt show up ):
anyone is having problems on the usual swap?
Mava (AI Support)
The treasury earns money through the revenue generated by the Real-World Assets (RWAs) that back the USD0 stablecoin. These assets, such as U.S. Treasury bills, generate income which is accumulated and compounded in the treasury. This revenue supports the value of the $USUAL token and is managed by the DAO. References: 1
Mava AI BetaWrathed
How does the treasury earn money
Mava (AI Support)
To calculate the daily rewards for staking one million USD0++, you would need to convert the annual percentage yield (APY) into an annual percentage rate (APR) and then divide by 365 days. Unfortunately, I don't have the exact APY or APR values for USD0++ staking at the moment.
Mava AI Betahalomoto
12/22/2024 at 01:29:14 ESTIf stake one million usd0++, how much usual will be rewarded on a daily basis?
How much usd0++ was being staked now?
How much usd0++ was being staked now?
Mava (AI Support)
To unstake USD0++, you have several options: 1. Secondary Market: You can sell USD0++ 1:1 against USD0 on the secondary market. 2. Unstake Against Floor Price: You can sell USD0++ against USD0 at a specific floor price set by the DAO. 3. Unstake Against a Fee in $USUAL: You can pay a fee in $USUAL and unstake 1:1 to USD0. Reference: 1
Mava AI Betahalomoto
12/22/2024 at 01:27:24 ESTHow to unstake usd0++
Lucky Boy
Im from binance
famousfxck
Believe in something
Does swapping through UNISWAP (don't have to pay the unstaking fee) means no penalties are paid, and no rewards will be distributed to stakers that stay?
SatoshiXXX
Yes, but the rate could be even worse than the 10% redemption fee
SATISH
Does ytusd0++ feb usuall rewards are updated in usual
I can not say FUD but I can say that for 2 days they are updating UI ( It's ok these things can happen).. There is 2 problems.. 1 - You can check the pin message which says that they can fix the UI in upcoming weeks which tells us kind of capability of developers IMO 2 - This is the biggest one.. If someone unstake USUAL , the penalty ampunt should be distrubited to stakers but what we see is ( they told us ) is it's "optional" swap can be directed to UNISWAP..oao
Does swapping through UNISWAP (don't have to pay the unstaking fee) means no penalties are paid, and no rewards will be distributed to stakers that stay?
Lucky Boy
I hope the user cloning issue in the group is fixed lol
Mava (AI Support)
USUALx acts like a vault share, meaning the rewards are reflected directly in its value. They are not shown under 'Pending Rewards'. Instead, the amount you can unstake increases over time as rewards accumulate.
Mava AI Beta
Krapinammm ^^
hello, i stake my usualx, why it doesnt show in my pending rewards?
I can not say FUD but I can say that for 2 days they are updating UI ( It's ok these things can happen).. There is 2 problems.. 1 - You can check the pin message which says that they can fix the UI in upcoming weeks which tells us kind of capability of developers IMO 2 - This is the biggest one.. If someone unstake USUAL , the penalty ampunt should be distrubited to stakers but what we see is ( they told us ) is it's "optional" swap can be directed to UNISWAP..ponzisaur
Idek what u just said.. So they are working on a fix to some broken ui rn? Lol who cares
Hello, I staked USUALx 3 days ago and I not see any reward. When I try to unstake It same amount which I staked.Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means your rewards accrue and auto-compound over time. The rewards are reflected in the increased amount of USUAL you can withdraw when you unstake, rather than showing up as separate 'Pending Rewards'. If you don't see an increase yet, it might be due to the short duration of staking. Rewards accumulate over time, and the amount you can withdraw will increase as rewards accumulate.
Mava AI Betanoft0560
Hello, I staked USUALx 3 days ago and I not see any reward. When I try to unstake It same amount which I staked.
ponzisaur
Thats not binance
jacashi
I can not say FUD but I can say that for 2 days they are updating UI ( It's ok these things can happen).. There is 2 problems.. 1 - You can check the pin message which says that they can fix the UI in upcoming weeks which tells us kind of capability of developers IMO 2 - This is the biggest one.. If someone unstake USUAL , the penalty ampunt should be distrubited to stakers but what we see is ( they told us ) is it's "optional" swap can be directed to UNISWAP..
oao
9.97k
ponzisaur
Also does anyone know how many holders we have on binance
when Early Unstaking implemented, how many usual would need to burn if i unstake?Mava (AI Support)
The exact amount of USUAL tokens that would need to be burned when the Early Unstaking feature is implemented has not been specified in the available documentation. It will depend on the specific terms set by Usual at the time of implementation. Reference: 1
Mava AI BetaXiaohai (formerly Tokyo🏂)
when Early Unstaking implemented, how many usual would need to burn if i unstake?
ponzisaur
Im not reading all this but is there usual fud or something
idkwhatiseth
why would the usual app let you route manually - itll route best value for you 😂
jacashi
It doesnt matter.. In the official site you can not route to uniswap.. And the second part is XUSUAL MUST be internal token like GMX did which is not swapple or anything just a virtual calculation
Wrathed
Does anyone know the treasury contract address?
but when you told us "if tehre is better rate on the secondary , it uses that" than it should mean that this contract bypassed and only uniswap swap is made... If it is optional than this game is kind of over.. There should never Uniswap swapping occur.. It means that stakers get nothing which is kind of not the project told ustreebeard
I don't think you're understanding this fully tbh, but not sure how to explain it better. Think about it more
treebeard
Exactly, anyone can LP it, etc. if they want to
jacashi
but when you told us "if tehre is better rate on the secondary , it uses that" than it should mean that this contract bypassed and only uniswap swap is made... If it is optional than this game is kind of over.. There should never Uniswap swapping occur.. It means that stakers get nothing which is kind of not the project told us
nope my question is clear... This contract doen't initiated when we swap between USUAL-USUALX Does it?treebeard
It does..that's what the redeem() function is on that contract
SatoshiXXX
Tell that to binance team, which i think is much smarter than you
Yes that's the proxy contract for usualx, it's the same contract for unstaking. The contract is a vault basicallyjacashi
nope my question is clear... This contract doen't initiated when we swap between USUAL-USUALX Does it?
this is proxy read&write can you tell me when this contract initiated?? When swap USUAL to USUALX??treebeard
Yes that's the proxy contract for usualx, it's the same contract for unstaking. The contract is a vault basically
jacashi
this is proxy read&write can you tell me when this contract initiated?? When swap USUAL to USUALX??
RIZKI
12/22/2024 at 00:29:22 ESTsane
ultralisk3669
What type of yield do I receive if I were to buy YT-UsualX?
treebeard
You just have to be willing to read
Yes this is the biggest problem ,
I got my daily usual rewards yet there is no full transparency or formula of the of the rewards.treebeard
There is an exact formula though
treebeard
0x06B964d96f5dCF7Eae9d7C559B09EDCe244d4B8E
youdi
Those unstaked tokens could’ve been dumped now
Yes this is the biggest problem ,
I got my daily usual rewards yet there is no full transparency or formula of the of the rewards.jacashi
totally agree
not for the seller... Its a big problem for the ones which are waiting for their rewards from the sellers penalty ..In this case seller is profitable but stakers get nothing and thats a very big problem for the holders.. Pormises not filledyoudi
Yes this is the biggest problem , I got my daily usual rewards yet there is no full transparency or formula of the of the rewards.
jacashi
what is the contract??
what I see here is there is no any legal STAKING contract for USUAL implemented.. there is only swapping which means that there is no real distribution from sellers penalty to stakers..treebeard
No, there is a staking contract, that's what usualx is
jacashi
what I see here is there is no any legal STAKING contract for USUAL implemented.. there is only swapping which means that there is no real distribution from sellers penalty to stakers..
treebeard
Yes
As I mentioned, I figure the majority of unstaking volume would get routed through the primary market (unstaked through usual)jacashi
"majority" ?!??? lol
not for the seller... Its a big problem for the ones which are waiting for their rewards from the sellers penalty ..In this case seller is profitable but stakers get nothing and thats a very big problem for the holders.. Pormises not filledtreebeard
As I mentioned, I figure the majority of unstaking volume would get routed through the primary market (unstaked through usual)
It seems unlikely to me that the secondary market would always be trading higher than what you'd get with the 10% fee, or even the majority of the time. So it's a non issue in my opinion. It's a permissionless token you can't stop someone from LPing itjacashi
not for the seller... Its a big problem for the ones which are waiting for their rewards from the sellers penalty ..In this case seller is profitable but stakers get nothing and thats a very big problem for the holders.. Pormises not filled
halomoto
12/22/2024 at 00:22:36 ESTConclusion is the usual coin is a scam which is not strictly regulated
If secondary market approach happens it means that there is no USUAL distrubiton to the already stakers...That's a hole in the systemtreebeard
It seems unlikely to me that the secondary market would always be trading higher than what you'd get with the 10% fee, or even the majority of the time. So it's a non issue in my opinion. It's a permissionless token you can't stop someone from LPing it
jacashi
there shouldn't be a USUALX pool..It should be already an internal token like GMX's GMe etc
Selling on a dex isn't "unstaking", e.g. you're skipping that fee but you're swapping at whatever rate the dex is at, which can be worse than the feejacashi
If secondary market approach happens it means that there is no USUAL distrubiton to the already stakers...That's a hole in the system
ponzisaur
Binance holders dont show on etherscan
jacashi
good question , actually very good question
No..it only routes through a secondary market if that's a better rate than paying the 10% unstaking fee. It probably won't be a decent chunk of the time, e.g. it's not right now
K
Exactly All things are good for u guys (min 10% fee and less than 10% depending on market)
The UI tells you if it's unstaking through usual or selling on a dex (primary vs secondary market)youdi
Then how do you trace the unstaked coins that goes to the other stakers ?
what secondary market?? If there is a secondary market can we see it on UNISWAP or any other place?? That doesn't make any sense.. Can you tell us where the secondary market is?? Thanks in advancetreebeard
Yes it's on uniswap
No..it only routes through a secondary market if that's a better rate than paying the 10% unstaking fee. It probably won't be a decent chunk of the time, e.g. it's not right nowjacashi
what secondary market?? If there is a secondary market can we see it on UNISWAP or any other place?? That doesn't make any sense.. Can you tell us where the secondary market is?? Thanks in advance
boo
I know
treebeard
The UI tells you if it's unstaking through usual or selling on a dex (primary vs secondary market)
wow that's next level..we literallt just swapping some random pool. there is no "REAL" staking in usual to "USUAL-X".. not good..and manual calculation is kind of funny since just multiplying 0.9 with initial deposit.. what about daily revenu calculation??.. and coming weeks??? there is billion of dollars and a basic UI update can be done in "WEEKS"?? These allnot sound good IMOtreebeard
No..it only routes through a secondary market if that's a better rate than paying the 10% unstaking fee. It probably won't be a decent chunk of the time, e.g. it's not right now
jacashi
wow that's next level..we literallt just swapping some random pool. there is no "REAL" staking in usual to "USUAL-X".. not good..and manual calculation is kind of funny since just multiplying 0.9 with initial deposit.. what about daily revenu calculation??.. and coming weeks??? there is billion of dollars and a basic UI update can be done in "WEEKS"?? These allnot sound good IMO
boo
Where is the pinned message?
halomoto
12/22/2024 at 00:16:03 ESTWatch out everyone
Some inside information - usual price will hit 0.5 today
treebeard
Not a bug, read the pinned message
K
Go see the pinned message mate
what dex price,, It's a USUALX-->USUAL conversion.. Whats happening here.. there is no explanation below screen shot IMO.. Rİght belongs to 5 hours ago.. left is updated..
makio
me too
what dex price,, It's a USUALX-->USUAL conversion.. Whats happening here.. there is no explanation below screen shot IMO.. Rİght belongs to 5 hours ago.. left is updated..makio
why?
treebeard
In this channel
jacashi
in the minor updates page?? which pinned message?
what dex price,, It's a USUALX-->USUAL conversion.. Whats happening here.. there is no explanation below screen shot IMO.. Rİght belongs to 5 hours ago.. left is updated..treebeard
Read the pinned message..
treebeard
Yes exactly, when you took that screenshot, the dex price was giving you a better rate than the 10% unstaking fee. That won't always be the case, i.e now
jacashi
change log belongs two days ago.. I have print screen 4 hours ago and now it changed again.. display same but in 5 hours there is no way 1000USUAL pays 193 USUAL.. It means update is still continues
boo
There was no handling fee yesterday, so we were hit with a loss today, which is unfair to us.
K
Nth is wrong
K
Go see the pinned message from @Noé
K
Exactly
treebeard
Can't link it but read the pinned message lol
lol UI cahnged again.. USUALX --> USUAL conversion display..Is this the last update?? At least put announcements about the diplay etc..treebeard
It's in # 📝ㆍminor-updates
samkilam
Its going south from the last 40 hours . wt value u think it will stop at
jacashi
lol UI cahnged again.. USUALX --> USUAL conversion display..Is this the last update?? At least put announcements about the diplay etc..
treebeard
Read the pinned messages in this channel, it's explained
treebeard
This was routing through a dex, under this screenshot it should show if it's routing through primary or secondary market
Yesterday, there was no 10% handling fee for currency withdrawals. Our square was in trouble. Is this fair to us?treebeard
Yes there was
boo
Yesterday, there was no 10% handling fee for currency withdrawals. Our square was in trouble. Is this fair to us?
treebeard
No
makio
Is there a serious bug in releasing the pledge
Mava (AI Support)
You can swap USD0 on Arbitrum for ETH using decentralized exchanges like Camelot. Ensure you have the correct network selected and sufficient liquidity for the swap.
Mava AI Beta
Spider.ND1
How can USDO on ARB be swapped to ETH?
halomoto
12/21/2024 at 23:45:39 ESTScam is revealed! Run!!
Usual is going down , likely to reach 0.5
krypt0man1ac
600M is too early compared to 10b... Optimistic projection
krypt0man1ac
Me too 😅
SatoshiXXX
Currently im not holding usual, i hold usualx
Cryptocor
600m market cap snt super early no?
krypt0man1ac
If it's true... It means that we're in a super early stage. Which is more than good!
Cryptocor
Is this good or not?
Usual
Yuvrajxbnb
What about Galaxe airdrop ?
Yuvrajxbnb
When galaxe user chacker and cliam ?
David
do you earn more usual rewards on your stablecoin positions if you have usualX?
Mava (AI Support)
When you stake USUAL into USUALx, you receive a share of the staking rewards. The exact amount of USUALx you will receive depends on the total rewards distributed during that week and your share of the staking pool. USUALx acts like a vault-share, so your rewards accumulate over time and are reflected in the amount of USUAL you can withdraw when unstaking.
Mava AI Beta
Sammyy
How much estimated usual x i can get by staking about 33000 usual in a week
Nauzystan 🟡
Xmas
Mava (AI Support)
When you convert USUAL to USUALx, the ratio is not 1:1. This is because USUALx acts like a vault-share, representing your share of the vault and rewards. The conversion reflects your proportional share of the rewards, not a direct 1:1 conversion.
Mava AI Beta
Psyché
Usual to Usualx is not 1:1 ratio when you convert?
Alexanderz🍀
What a Christmas
Buy the dip
Let’s go
Is that usual dropping to $0.5😁
krypt0man1ac
This is the cost for me when I staked
Lucky Boy
There is an exclamation point at the side that its automatic auto compounding
David
how much gas fees that it approximately cost to stake usual (get usualX)?
Mava (AI Support)
It seems like there might be an issue with the display of your rewards and cycle countdown. Please try clearing your cache and cookies, reconnecting your wallet, and switching networks. If the issue persists, it might be a bug.
Mava AI Betazakuku
Why did I stake USUAL yesterday, but the Pending Rewards show 0 and Next Cycle in shows –-?
Will the gap between the pending rewards and the claimable rewards ever close or they will always be a gap?Mava (AI Support)
The gap between pending rewards and claimable rewards is due to the 7-day waiting period for USD0++ rewards. Once this period is over, the pending rewards become claimable. Therefore, there will always be a gap due to this waiting period.
Mava AI BetaDavid
Will the gap between the pending rewards and the claimable rewards ever close or they will always be a gap?
zakuku
@Mava (AI Support) Is the reward for staking USUAL displayed only after 24 hours?
Kenneth753j
12/21/2024 at 21:39:45 EST@Landent1nger there mine be an issue somewhere
zakuku
@Mava (AI Support) I stake Usual
Mava (AI Support)
Yes, if you are referring to USD0++, rewards are distributed at the end of each 24-hour cycle. However, for USUALx, rewards accrue every block and are reflected when you try to unstake. References: 1
Mava AI Beta
hello why when I claim my reward I'm losing some of my Pending Awards? Is this a penalty of some sort? Or is it just part of the pending rewards already in the rewards that I can claim and it just happens to be a duplication?Mava (AI Support)
When you claim your rewards, it might seem like you're losing some of your pending rewards, but this is not a penalty. The pending rewards are already 'earned' and you have to wait 7 days before being able to claim them. It's possible that the rewards you see as pending are already included in the rewards you can claim, which might create an impression of duplication.
Mava AI BetaLandent1nger
hello why when I claim my reward I'm losing some of my Pending Awards? Is this a penalty of some sort? Or is it just part of the pending rewards already in the rewards that I can claim and it just happens to be a duplication?
krypt0man1ac
@dragoazul And to answer your question : you can keep your tokens there, no worries I guess, since you already turned on 2FA authentication and security
LN123321
the market is panic
krypt0man1ac
@dragoazul I'm pretty sure, plenty of scams will try to reach out after your question. Important to know : real admins never send private msg
dragoazul
Is it advisable to have my tokens on binance?
cryptowarden
12/21/2024 at 20:43:34 ESTHave your issue been resolved?
불장바라기
I want to KYC to redeem USD0.
@Mava (AI Support) , if user claim rewards on Pendle, what's the asset to be expected? Is it USUAL token?Magic Pan
@Mava (AI Support) , if user claim rewards on Pendle, what's the asset to be expected? Is it USUAL token?
Magic Pan
How USUALx Pendle YT emits the reward? In the form of USUAL? How to claim the reward?
For latest USUALx Pendle PT, at maturity the PT is redeemed to USUAL directly or is redeemed to USUALx and user has to visit Usual Dashboard to unstake the USUALx to USUAL?Magic Pan
For latest USUALx Pendle PT, at maturity the PT is redeemed to USUAL directly or is redeemed to USUALx and user has to visit Usual Dashboard to unstake the USUALx to USUAL?
qiwi
I get it . But usd0+ for short term with low money u won't get many usual. Big money yeah sure .qiwi
leverage and hedging solves this
Stable coin, APY 59%, I mean, I don't have this option at my bank or other stable x) so low APY.... yeah621936
I get it . But usd0+ for short term with low money u won't get many usual. Big money yeah sure .
I stake usd0+ and tbh it's for big big whales since apy is low . And it's more safe . For ppl who don't wanna lose moneyDraKryZ
Stable coin, APY 59%, I mean, I don't have this option at my bank or other stable x) so low APY.... yeah
when distribution reward usd0++ staker on polynomial. admin poly sat waiting reward for this TEAM!Usual
Riskamade
when distribution reward usd0++ staker on polynomial. admin poly sat waiting reward for this TEAM!
Usual
Riskamade
where admin ??
A9
sure the team have a lot of ideas and plans on how to expand usd0 market, seems like they're very competent people, we will see ig but I'm very confident
Mava (AI Support)
USD0 is not inherently locked. However, when you convert USD0 into USD0++, it is locked for a period of 4 years. USD0++ is a liquid staking token that represents USD0 locked for this duration. Reference: 1
Mava AI BetaDraKryZ
@Mava (AI Support) How much time usd0 is locked ?
621936
I stake usd0+ and tbh it's for big big whales since apy is low . And it's more safe . For ppl who don't wanna lose money
DraKryZ
(depending on 4y lock, if i remember it)
Usual
A9
hopefully tether being suspended in europe will help usd0
DraKryZ
So need stake usd0
Y y, and tomorrow it can be 2b 20b like 20m
621936
Already at 1.4 bil
DraKryZ
But we need to stake usd0, otherwiseeeeeeeeee usual 💩
I plan to stake for months, until btc dominance goes very low or if I get lucky with the other alts maybe even for next cycle 🙏621936
Yep and mc for usual is still too low not even 1bil . Am believe this coin will be next big thing in crypto . And while we r early in time coming it will be harder to mint usual . So all good luck for us early stakers
I stake and I'll buy more wen salary come .
The good thing with stake .
That if usual price go up and u paid ur fee
U have usual price up = win
Free token from stake = win
But most of ppl want be rich in 1 day . So I'll keep staking and any money I get I'll stake moreDraKryZ
"double" investment in 1 Y on the coin. If coin gets value, it's big. If coin looses value, depend on difference
I do like the 10% fee being distributed to the stakers remaining, i can see a lot of us getting a big amount of tokens in the coming weeks because of that621936
I stake and I'll buy more wen salary come . The good thing with stake . That if usual price go up and u paid ur fee U have usual price up = win Free token from stake = win But most of ppl want be rich in 1 day . So I'll keep staking and any money I get I'll stake more
DraKryZ
it's big in my pov
621936
Who give even 80% in any stake rate in market !!
A9
I do like the 10% fee being distributed to the stakers remaining, i can see a lot of us getting a big amount of tokens in the coming weeks because of that
621936
Yt is risky . That is why am stay away from it
621936
More ppl stake less apy .less Apr as I get it More ppl stake more time to pay fee So u should be for long term
Also I wanna ask u guys
If I put my xusual on pt pendle . Do I get same apy for xusual and reward from pt . Or only reward from pttreebeard
Only the fixed yield from PT, the underlying usualx rewards go to YT
Meris
not for a low investment
DraKryZ
Well.... even 80% is worth it
Also I wanna ask u guys
If I put my xusual on pt pendle . Do I get same apy for xusual and reward from pt . Or only reward from ptA9
it's what it's supposed to do or else it would def be a ponzi 😂
Also I wanna ask u guys
If I put my xusual on pt pendle . Do I get same apy for xusual and reward from pt . Or only reward from ptUsual
621936
Also I wanna ask u guys If I put my xusual on pt pendle . Do I get same apy for xusual and reward from pt . Or only reward from pt
Meris
yeah i know its a lot, i ment iif it will decrese that much in a few months not to make it worth it
A9
apy was like 1300% start of the day I think, it's about 1000 now
DraKryZ
1034 is a LOT
Hope so . Hope they stake on usd0+ 😆😆 and leave usualx for us early . And as I get it after month either u should be a big whale to stake or u don't .Meris
Apy will decrese that much?
yeah I'm hoping people will stop staking cause it won't really be worth it unless they're big holders621936
Hope so . Hope they stake on usd0+ 😆😆 and leave usualx for us early . And as I get it after month either u should be a big whale to stake or u don't .
A9
if people stop staking = bigger apy
DraKryZ
To be honest, i spammed tonight to obtain it 😄
But for us even it take 10-15 day on this rate the ppl who come after 1 week or 2 week will take maybe 2 month for pay fee rightA9
yeah I'm hoping people will stop staking cause it won't really be worth it unless they're big holders
DraKryZ
4 years here 💎 🫶
621936
But for us even it take 10-15 day on this rate the ppl who come after 1 week or 2 week will take maybe 2 month for pay fee right
621936
I start wen withdraw start in binance
DraKryZ
or confident
A9
whoever did it first day is very smart, apy was 22.000% at the start 🔥
621936
Any one in pendle . Do u think stake pendle to vependle is good thing .
A9
I mean, we will see.. maybe people stop staking as much as they are rn, maybe the 10% fees will get us up there faster, we can't really say but I'm expecting a month to get to base amount
No, if you go through the dApp directly, you'll be minting on the primary market automatically if the slippage is too high
cryptosfo
where is the link to mint directly
621936
Yeah longer more benefits. I agree am for long term . But was happy if it takes 10-15 days fee then I see balance go up .
A9
2025 will be bullish for months, we should be fine
treebeard
30 days is short term in my book 😅
A9
yeah that's why they made the 10% fee, so people who stake longer will have more benefits
621936
Staking trap 🪤
621936
Wth 😅 so we stake for long long long term .
A9
so realistically like 30 - 45 days id say
So we need to stake at least 15 days to pay fee . After that we start get increase of token right
cue
But if the APY decreases this time will increase
A9
at the current rates yeah but it's always decreasing due to more ppl staking
So we need to stake at least 15 days to pay fee . After that we start get increase of token rightcue
Yeah
DraKryZ
with the actual APY, yes
621936
So we need to stake at least 15 days to pay fee . After that we start get increase of token right
DraKryZ
That's the calcul to do : (Your Usual actual * apr%)/365 Change your Usual & APR daily and tada
A9
can't send links here, but search apy to apr calculator
DraKryZ
And you redo tomorrow with the 1074+7 etc
yeah you always get 10%, you need to stay staked for at least 15 days with current APY/APR so you don't lose any usual token if you unstakeAskMeHowToLong(3,3)
I see. thanks since I'm not selling before 10 usd, I think I can keep my coins staked for at least 2 weeks
621936
How to get Apr . It's only shown apy
DraKryZ
((1074*243)/100)/ 365 = 7.15
A9
with current apy you get 0,64% of your total amount of tokens daily but it's decreasing every hour
DraKryZ
The calcul is simple : (Your Usual actual * apr%)/365
A9
no, because apy is compound interest or whatever it's called in english
621936
Apy 1033% now Isnt that mean I should divide that apy to 365 not 234%
A9
yeah you always get 10%, you need to stay staked for at least 15 days with current APY/APR so you don't lose any usual token if you unstake
AskMeHowToLong(3,3)
at any time?
AskMeHowToLong(3,3)
there is penality for unstaking?
A9
divide that for 365 if im not wrong and you get your daily %
apr is 234%
621936
How much daily mean
DraKryZ
1034%
621936
How ? What is actual apy
AskMeHowToLong(3,3)
ok guys, I'm leaving now. will be back tomorrow for more USUAL bullishness
DraKryZ
1074 deposit, is 7.16 per day with actual APY
AskMeHowToLong(3,3)
dont apy, just ape
621936
Apy is wrong I think
AskMeHowToLong(3,3)
dont think, just ape
621936
Lol how I need now 10 days to get even
Ok hey guy I deposit in total 1074 after binance open withdraw before 2 days any way
Wen I check now on app the amount before stake is 1087 before fee . So it's only 10 usual per day .DraKryZ
"only"
Ok hey guy I deposit in total 1074 after binance open withdraw before 2 days any way
Wen I check now on app the amount before stake is 1087 before fee . So it's only 10 usual per day .AskMeHowToLong(3,3)
only solution to this is to market buy more
cryptowarden
12/21/2024 at 19:51:11 ESTSo sorry about have you been able to resolve the issue ?
AskMeHowToLong(3,3)
I'll ask my girlfriend to teach me before selling her to buy more USUAL
DraKryZ
time to learn to swim
Lucky Boy
Guys the price is due for a short squeeze to 10 and beyond its overipe lets pull the trigger
AskMeHowToLong(3,3)
uh oh
irwingtello
where i can buy usd0++ , @Mava (AI Support)
AskMeHowToLong(3,3)
yes
AskMeHowToLong(3,3)
wave? I'm not much of a surfer bro
TanungNi
usual usual usual
okay guys, I sold some crap memecoins here, I'm ready to ape more USUAL
should I market ape or wait for a lil dip?DraKryZ
look the actual wave on 1m chart
okay guys, I sold some crap memecoins here, I'm ready to ape more USUAL
should I market ape or wait for a lil dip?
Yi Long Max
talkin about green frog?
AskMeHowToLong(3,3)
okay guys, I sold some crap memecoins here, I'm ready to ape more USUAL should I market ape or wait for a lil dip?
cue
wtf I prefer to hodl
krypt0man1ac
My maaaan! You got the reference 😂
Sinking about sinking In a glass of Whiskey!
CongQ
https://tenor.com/view/sinking-german-coast-guard-gif-20239995
what are you sinking about
krypt0man1ac
Pronounced Sink bye Germans 😂
TanungNi
think
CongQ
"think...?" what is think
AskMeHowToLong(3,3)
ape first, think later
AskMeHowToLong(3,3)
dont worry, just ape
Lucky Boy
10 usd is the correct price,
TanungNi
well who knows , 1.1 to 2.1 maybe haha , but impossible btc is playing with us
AskMeHowToLong(3,3)
for tomorrow? I agree
when USUAL hits 10 USD per token, I'll sell 2% of my bag to buy a nice countryside house for me and my beautiful girlfriend Mavawhen USUAL hits 10 USD per token, I'll sell 2% of my bag to buy a nice countryside house for me and my beautiful girlfriend MavaTanungNi
maybe 2-3$ 10 is too much
AskMeHowToLong(3,3)
when USUAL hits 10 USD per token, I'll sell 2% of my bag to buy a nice countryside house for me and my beautiful girlfriend Mava
cryptosfo
where is the Usual Mint counter >
Mava (AI Support)
TanungNi
les see les see
cryptosfo
is there a page to mint USD0 ?
AskMeHowToLong(3,3)
believe in something. believe in usual
AskMeHowToLong(3,3)
my GF isn't worth that much sir
If USUAL has 1 million fans, I'm one of them.
If USUAL has 1 thousand fans, I'm one of them.
If USUAL has 1 fan, I'm that fan.
If USUAL has no fans, I'm dead.
If the world is against USUAL , I'm against the world.TanungNi
shillieriset shiller i have ever seen on this shilly usual shill server
CongQ
But never sell your USUAL amirite
i can offer you 1 USUAL : 1 girlfriend ratio
AskMeHowToLong(3,3)
If USUAL has 1 million fans, I'm one of them. If USUAL has 1 thousand fans, I'm one of them. If USUAL has 1 fan, I'm that fan. If USUAL has no fans, I'm dead. If the world is against USUAL , I'm against the world.
Yi Long Max
Dipsy kings
CongQ
Dibs!
krypt0man1ac
Not for me! I'm scared of this 😅
TanungNi
all liq
AskMeHowToLong(3,3)
im all in
TanungNi
long ususal 200x
AskMeHowToLong(3,3)
ever heard of leverage?
krypt0man1ac
No enough money! 🤦🏻♂️
AskMeHowToLong(3,3)
if you didn't bought this dip, what are you even doing here? believe in something.
Kenj-rs6
Why 10
how is this %10, 3 hours ago my portion was 1098.. come on guyz.. updating UI shouldnt be that hard
AskMeHowToLong(3,3)
I agree, 10 usd is the floor
Lucky Boy
I think its time for a short squeeze to correct the price to 10
AskMeHowToLong(3,3)
thanks
Kenj-rs6
Will he come back up?
DraKryZ
https://tenor.com/view/lotr-galdalf-surprised-shocked-look-gif-4938082
Mava (AI Support)
AskMeHowToLong(3,3)
now, should I stake it? whats the staking yield rn?
krypt0man1ac
Wait untill you get back what it costs you... The only way
foreveranka
Isn't there any way to get it out without paying this fee?
foreveranka
Do I get a 10% deduction when I remove tokens from the stake?
If you unstack, you loose 10% because of fee. So think mid-long term
AlphaSweep
ok, so it's normal I guess?
Looks like I'm getting quite a lot lesser xUSUAL than my USUAL, is there such a thing as waiting to get the best outcome? TIADraKryZ
as mentionned 1 USUAL = 0.9139 USUALx
AlphaSweep
so should I still stake it at this conversion rate? NFA of cos ...
JazzySt
And yes the longer you hold the better
Looks like I'm getting quite a lot lesser xUSUAL than my USUAL, is there such a thing as waiting to get the best outcome? TIALucky Boy
The only way to gain profit is to stake for a minimum of 1 year which i agree is good and we will become millionaires by then 🐂 bullish
DraKryZ
taht's the principle
TanungNi
of course
guys, just bought some $USUAL ... where do I stake it pls? Can't find it on usual.money 😅 Thanks 🙏DraKryZ
go on the # 🔗ㆍofficial-links - Website, hovering mouse on Swap
guys, just bought some $USUAL ... where do I stake it pls? Can't find it on usual.money 😅 Thanks 🙏
$tashing
why isn't staking USUAL for USUALx 1:1?
AlphaSweep
guys, just bought some $USUAL ... where do I stake it pls? Can't find it on usual.money 😅 Thanks 🙏
CongQ
You can always exchange 1:1 on primary market if you’re whitelosted
0xconvergence
Is bank run possible?
DraKryZ
If we are brave
0xconvergence
So up soon again
Oh ok
DraKryZ
many stop loss went out
liquidation
0xconvergence
Why such a big crash?
CongQ
It’s just manifested in a different way
arbgan
is not ponzi good token bye sorryyy
a okey i was already wondering didnt see anything on page
like there is no feature wait 1 week 0 fees?
CongQ
It’s the same logic fundamentally, full unlockability after a certain amount of time, and plus it’s liquid
USUAL tokens can be staked or unstaked at any time without a mandatory lock-up period. However, the DAO retains the authority to impose an unstaking fee, applied as a percentage of the USUALx being withdrawn.
This fee mechanism discourages short-term holding behavior while reallocating the collected fees to reward and strengthen the alignment of incentives for long-term stakers. i dont understand dont wanna waste money withdrawing usual to stake and see its 10% to withdraw is like that now for real?Mava (AI Support)
Yes, currently there is a 10% unstaking fee for USUALx. This fee is applied to the amount you unstake and is designed to discourage short-term holding. The collected fees are redistributed to reward long-term stakers. Reference: 1
Mava AI Betaarbgan
USUAL tokens can be staked or unstaked at any time without a mandatory lock-up period. However, the DAO retains the authority to impose an unstaking fee, applied as a percentage of the USUALx being withdrawn. This fee mechanism discourages short-term holding behavior while reallocating the collected fees to reward and strengthen the alignment of incentives for long-term stakers. i dont understand dont wanna waste money withdrawing usual to stake and see its 10% to withdraw is like that now for real?
So you involvement rate into rug pulls project is an astonishing 90%, so this must be a Ponzi, nice logicarbgan
yes because that ftm or other ve tokens dont utilize majority 10%
im since cake presale and yea i passed all ve kava shiba ftm ponzis 90% rug only 10% survive teach me for real this gonna take 10%? like always other project didnt implementCongQ
So you involvement rate into rug pulls project is an astonishing 90%, so this must be a Ponzi, nice logic
howitzer
hello
DraKryZ
Stake is for big hands and month/year, not for 🥬 and 2 days
arbgan
i should be missing somethin
Kenneth932cocIb
Hello guys
arbgan
im since cake presale and yea i passed all ve kava shiba ftm ponzis 90% rug only 10% survive teach me for real this gonna take 10%? like always other project didnt implement
Yi Long Max
bro its a rectangle
Have you heard of veTokenomics? lol all other
Mava (AI Support)
The 10% fee is an unstaking fee applied when you unstake your USUALx tokens. This fee is redistributed to those who remain staked, rewarding long-term behavior. Unfortunately, this fee is a part of the protocol's design to incentivize long-term staking, and there is no way to avoid it if you choose to unstake.
Mava AI BetaCongQ
That’s pyramid
arbgan
what are this 10% fees how to avoid it like all other normal coins
arbgan
is a triangle that need more people in.
CongQ
Do you actually know what a Ponzi is or just whip the word onto anything you don’t understand?
How is that related to Ponzi?
arbgan
ponzi you wann withdraw usual and it always take 10% fees ?
ponzi token to rekt hedger in futures team prob scam to probably they will rug contract backing usdc or what ever they backingCongQ
You on something?
arbgan
ponzi token to rekt hedger in futures team prob scam to probably they will rug contract backing usdc or what ever they backing
where i can learn more about unstaking fees is always unstaking fees? or depends if you stake more time or how it works?¿Mava (AI Support)
The unstaking fee for USUALx is a fixed 10% of the unstaked amount. This fee does not depend on how long you have staked. However, the fee is designed to reward long-term behavior, as it goes to those who continue staking. You can learn more about this in the company documentation or by reaching out to Usual's support for detailed information.
Mava AI Betaarbgan
where i can learn more about unstaking fees is always unstaking fees? or depends if you stake more time or how it works?¿
arbgan
if i wanna unstake usual, is instantly or i should wait weeks?
TanungNi
Bro is shorting 125x
Yi Long Max
thanks for my brand new benz 🫡 😁
TanungNi
It's me
JazzySt
Hodl the line 😝
Yi Long Max
hold the line
they told me it was the future of france, the new ethena, up only, guaranteed 3 USD in a matter of daysBingChilling
Yes days not day
Yi Long Max
some of you guys are dumpin the price. please stop, I'm tired of buying the dips 🫠
Mava (AI Support)
The Galxe rewards are part of the upcoming airdrop, and all Galxe participants will enjoy a 1:1 XP-to-Pills conversion rate. The specific timing for when Galxe pills will be counted hasn't been detailed, but they will be part of the airdrop process.
Mava AI Beta
gilmor0814
when galxi reward ????
TanungNi
Let's bounce it back , already 1$
If USUAL has 1 million fans, I'm one of them.
If USUAL has 1 thousand fans, I'm one of them.
If USUAL has 1 fan, I'm that fan.
If USUAL has no fans, I'm dead.
If the world is against USUAL , I'm against the world.DraKryZ
La Porsche ou la Rue
TanungNi
I think bro bought a whole fortune
Scrappie
12/21/2024 at 18:20:07 ESTeyo where can i read about the tokenomics?
AskMeHowToLong(3,3)
If USUAL has 1 million fans, I'm one of them. If USUAL has 1 thousand fans, I'm one of them. If USUAL has 1 fan, I'm that fan. If USUAL has no fans, I'm dead. If the world is against USUAL , I'm against the world.
Eric
12/21/2024 at 18:19:48 ESTWe're on the dollar menu boys
i0sm3
That was a chance to buy more if you can
JazzySt
+50 once a believer always a believer
TanungNi
Now it's - 50 so ... 🧑🦯🧑🦯
A9
this could be the last chance of buying for such cheap price
DraKryZ
I love humans, +50 joys it's the best product, -50 crys it's the worst product xD
JazzySt
Not even day 4 yet
they told me it was the future of france, the new ethena, up only, guaranteed 3 USD in a matter of daysJazzySt
This is crypto! The market first few days is always volatile
i0sm3
I bet it’s binance’s prestock
they told me it was the future of france, the new ethena, up only, guaranteed 3 USD in a matter of days
Alistor
Don't get shaken out and experience it live. Godspeed brother.
A9
there's no such thing as up only my man
they told me it was the future of france, the new ethena, up only, guaranteed 3 USD in a matter of daysi0sm3
It will patience
I sold all my BTC for USUAL and bought the pico top. Now I'm 45% poorer from yesterdayEric
12/21/2024 at 18:16:09 ESTWhy you did that
AskMeHowToLong(3,3)
I sold all my BTC for USUAL and bought the pico top. Now I'm 45% poorer from yesterday
TanungNi
Maybe some galxe airdrop jeeters selling
AskMeHowToLong(3,3)
OMG what's happening guys my net worth is rapidly dropping from holding USUAL token
Lucky Boy
Good job on removing the unstaking fee
TanungNi
0.9
Wtf happened
lil m
when will this happen?
Mava (AI Support)
Yes, Usual plans to expand to other chains. Starting with Layer 2 networks, Usual will deploy on multiple chains, including popular platforms like Arbitrum and Optimism. This expansion aims to reduce transaction costs and increase transaction speeds, making USD0 a more accessible and efficient stablecoin for DeFi users.
Mava AI Betalil m
are there any plans to expand to other chains?
lil m
how much is it making in fees this week?
lil m
what percentage of the fees do usualx holders get?
lil m
do you have to turn usual into xusual to earn fees?
volodymyr
Thx, buddy. I've found the pool
Romeu
10% less
Mava (AI Support)
The 7-day verification period is a timeframe during which the distribution of rewards is reviewed for accuracy. This period allows users to challenge the distribution if they find any discrepancies, ensuring transparency and fairness in the reward allocation process.
Mava AI BetaRomeu
U n i s w a p
volodymyr
What does this 7-day verification period means? What is verified during the timeframe?
1. Are LPs getting rewards in USUAL?
2. Is USUAL liquid? I see the swap functionality on the web app, but just to be sure...Mava (AI Support)
1. Yes, LPs (Liquidity Providers) can earn rewards in USUAL. The rewards are part of the yield mechanisms offered by Usual Money. 2. Yes, USUAL is liquid. The swap functionality on the web app allows users to exchange USUAL, indicating its liquidity.
Mava AI Betavolodymyr
1. Are LPs getting rewards in USUAL? 2. Is USUAL liquid? I see the swap functionality on the web app, but just to be sure...
joe_d3
That said, big respect for what the team is trying do
Meris
It will be in future updates
joe_d3
This is really a read the fine print kind of detail guys, Staking Usualx should be much more transparent
Azmar
Thank you, I think I understand now but it feels so wierd.
famousfxck
# 🤖ㆍtroubleshooting
hey team why is my usual reward of stking usual is 0 but I have been staking my $USUAL since day 1?Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' You can see the accumulated rewards when you try to unstake.
Mava AI BetaFoxi.eth
hey team why is my usual reward of stking usual is 0 but I have been staking my $USUAL since day 1?
JazzySt
# 📣ㆍannouncements and # 🤖ㆍtroubleshooting
Azmar
Thank you but it is still no working
Hello I staked usual for usualx 2 days ago but I still don't have any rewards so far. What I'm I missing ?
zor
try to change browser, sometimes browsers may not show some features.
Hello I staked usual for usualx 2 days ago but I still don't have any rewards so far. What I'm I missing ?JazzySt
# 🤖ㆍtroubleshooting and # 📣ㆍannouncements
zor
It says compund interest daily. But in pendle do they compound?
Hello I staked usual for usualx 2 days ago but I still don't have any rewards so far. What I'm I missing ?Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and auto-compound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards. So, you might not see them directly as pending rewards, but they are reflected in the value of your USUALx.
Mava AI BetaAzmar
Hello I staked usual for usualx 2 days ago but I still don't have any rewards so far. What I'm I missing ?
JazzySt
Geez it’s really late on a Saturday well here Sunday past midnight
Just put the numbers and chill
@WM @ҜŘ€V€ŦҜΔ @mario42 , why you guys used vulgar, bad emojis. I was just asking my question. One day you guys will face a dirty situation, in that day you will remember. If u cant help help others you may have be silent, but people like are too bad.zor
@Eric is also using vulgar symbols.
@WM @ҜŘ€V€ŦҜΔ @mario42 , why you guys used vulgar, bad emojis. I was just asking my question. One day you guys will face a dirty situation, in that day you will remember. If u cant help help others you may have be silent, but people like are too bad.Usual
JazzySt
@zor did you get it online or need it I sent apr to apy by accident need the other formula?
lil m
how much is the protocol making right now?
lil m
is the revenue of the protocol given 100 percent to token holders?
Mava (AI Support)
The USUAL token serves multiple purposes within the Usual ecosystem. It acts as a reward mechanism, incentive structure, and governance tool. USUAL tokens are minted as proof of revenue and are directly tied to the generation of income for the protocol’s treasury. Holders can stake their tokens to earn additional rewards and participate in governance decisions, such as managing treasury and protocol decisions. This positions USUAL as a key driver of Usual’s growth and stability. References: 1
Mava AI Betalil m
whats the actual usecase of the token?
Cryptocor
Hey i was wondering guys, can i see the tvl elsewhere then the site itself?
Noé
Oh that's nice sir, thx! Hope you'll like the content
zor
its asking compounding right. It will give different answers
Kelvinerick54
12/21/2024 at 17:26:27 ESTSame here. Saw you on X and I just gave you a follow up
Noé
I googled "APY to APR", no joke
Noé
Going great, going great sir, what about yours?
zor
Bro, its helpful for me. Thanks. How u calculated APY to APR
Kelvinerick54
12/21/2024 at 17:25:17 ESTHow's the weekend going?
Noé
Nope, we'll be adding claims in a week more or less sir
Kelvinerick54
12/21/2024 at 17:24:28 ESTHello Neo. How are you doing? About the galxe task form. I've filled it and I chose Ethereum. I thought by choosing Ethereum, we would claim instantly?
Noé
That's why I've put the result in letters as well! We never know
zor
Where can I convert?
zor
Finally. This is what I was asking. I may have stopped asking.
Noé
hope you're happy 
47% is the APR for an APY of 60%
here you go mate
zor
I need calculation sir please, not explanation.
Noé
You literally have all the explanations....
APY is correct. You divided it by 365 which is fundamentally false because APY assumes daily compounding.
You should instead use APR, which doesn't, as explained. Then, you'll have an approximate daily return, which can be a bit lower or higher depending on the yield's variation.The website apy wasnt even close, thats the reason I was asking about the calculation, but are just neglecting it by giving theory.Noé
APY is correct. You divided it by 365 which is fundamentally false because APY assumes daily compounding. You should instead use APR, which doesn't, as explained. Then, you'll have an approximate daily return, which can be a bit lower or higher depending on the yield's variation.
zor
When I saw ur msg 24/7 , I thought u finally did a calculation for me. But no u are explaining between APY AND APR. Sir ::::: my investment 1500$, YT 30K . how to do it? this one
bitcouin
are there plans for more USUALx integrations ? like ethena or else. thank you you're doing a good job
JazzySt
What was your question?
zor
Please help me.
zor
The website apy wasnt even close, thats the reason I was asking about the calculation, but are just neglecting it by giving theory.
JazzySt
Wanting to make sure there’s no buyback 👀
JazzySt
I have a feeling that dude asking too many questions was a binance insider
Noé
Cool
zor
Its 2 AM in my time zone sir.
Noé
have a great night bossman
Noé
right
You're welcome, next time, try to say "please" instead of pinging me two times and saying "I won't ask again!"
Samir Azambuja
What a happen? The price down
Noé
It's my job, yeah, but it's 11:30pm in my timezone, so it's actually not my job
I also have a life, just like you boss
People will be more inclined to answer!
I guarantee you, it works well
You're welcome, next time, try to say "please" instead of pinging me two times and saying "I won't ask again!"
WM
12/21/2024 at 17:12:54 ESToh I meant the word "Please", you said "I dont know what to say." I wanted to help you
zor
according to google I should get 50 USUAL per day, but only got 35.
Noé
It's my work to help on Usual-related questions, not APY to APR conversions for a product made by another protocol. I'm happy to do that as well, but only if you show some respect.
Instead of saying "I will not ask again" or whatever, maybe just google your question or use ChatGPT? I swear it could be faster than just waiting for me to reply.
Also, don't really expect to have a 0.3 seconds answers and good reactions from other community members if you just come here saying "hey I have YT at 60% APY, what's the calculations!".zor
U may have did it, instead of giving a lecture. Its if if u dont know.
its easy for u to type this big messege, instead of doing a simple calculation. I dont know what to say.WM
12/21/2024 at 17:11:53 ESTtry by googling "please"
its easy for u to type this big messege, instead of doing a simple calculation. I dont know what to say.Noé
Bro.. lmfao
I literally already explained to you why APY doesn't work to calculate daily return, and that you should use APR. Just convert APY to APR and divide by 365. Boom!
It's my work to help on Usual-related questions, not APY to APR conversions for a product made by another protocol. I'm happy to do that as well, but only if you show some respect.
Instead of saying "I will not ask again" or whatever, maybe just google your question or use ChatGPT? I swear it could be faster than just waiting for me to reply.
Also, don't really expect to have a 0.3 seconds answers and good reactions from other community members if you just come here saying "hey I have YT at 60% APY, what's the calculations!".zor
its easy for u to type this big messege, instead of doing a simple calculation. I dont know what to say.
Bro you are here, so Iam asking, its ur work. /you arent doing for free. What i said wrong to you.Noé
It's my work to help on Usual-related questions, not APY to APR conversions for a product made by another protocol. I'm happy to do that as well, but only if you show some respect. Instead of saying "I will not ask again" or whatever, maybe just google your question or use ChatGPT? I swear it could be faster than just waiting for me to reply. Also, don't really expect to have a 0.3 seconds answers and good reactions from other community members if you just come here saying "hey I have YT at 60% APY, what's the calculations!".
WM
12/21/2024 at 17:08:51 ESTso demanding
Hey, you can be polite you know. I'm not at your service 24/7 or whatever, and it's kind of funny to say that when you could've just googled "APY to APR"
CryptoMDz
Where's the checker?
WM
12/21/2024 at 17:06:51 ESTits not his work to be your own personal napkin calculator
Hey, you can be polite you know. I'm not at your service 24/7 or whatever, and it's kind of funny to say that when you could've just googled "APY to APR"zor
Bro you are here, so Iam asking, its ur work. /you arent doing for free. What i said wrong to you.
Noé
There is no manipulation lmfao
then how to do it? If u clear it. I will not ask again. Instead of writing all that you should have written a calculation.zor
I cant even blame you guys, it was my mistake buying yt after seeing your manipulated APY of 100k
WM
12/21/2024 at 17:05:03 ESTthe audacity of some people
then how to do it? If u clear it. I will not ask again. Instead of writing all that you should have written a calculation.Noé
Hey, you can be polite you know. I'm not at your service 24/7 or whatever, and it's kind of funny to say that when you could've just googled "APY to APR"
As per # 🤖ㆍtroubleshooting
> APR is the annual rate without compounding, while APY includes compounding over a year. Dividing APY by 365 doesn’t reflect daily earnings, as APY assumes compounding at the same rate throughout the year.Noé
As per # 🤖ㆍtroubleshooting > APR is the annual rate without compounding, while APY includes compounding over a year. Dividing APY by 365 doesn’t reflect daily earnings, as APY assumes compounding at the same rate throughout the year.
zor
@Noé isnt it the formula according for my position?
mario117 BT-P City
It's so sad that I didn't know about it
Hey Noé! I hope all is good! I am invested in USUAL since the first day, and followed the ride every day and making posts on binance square with one post even reaching 270k views on the pre market listing day :). The thing is that I didn't get to register for the USUAL airdrop for everyone that is in here since the beginning. So I wanted to ask you if there is any kind of way that I might get at least a part of the Airdrop I would have gotten. 🫠 Much thanks in advance! 🙏Mava (AI Support)
Hi! It's great to hear about your involvement and support for Usual. Unfortunately, the Pills Campaign, which was the way to qualify for the airdrop, has ended. Therefore, it's not possible to participate in it anymore. However, by holding USD0++, you can still earn direct yield in $USUAL, our revenue-based token. Keep an eye on any future opportunities or campaigns that Usual might offer.
Mava AI Betamario117 BT-P City
Hey Noé! I hope all is good! I am invested in USUAL since the first day, and followed the ride every day and making posts on binance square with one post even reaching 270k views on the pre market listing day :). The thing is that I didn't get to register for the USUAL airdrop for everyone that is in here since the beginning. So I wanted to ask you if there is any kind of way that I might get at least a part of the Airdrop I would have gotten. 🫠 Much thanks in advance! 🙏
DraKryZ
White paper / git book / technical gitbook # 🔗ㆍofficial-links
Infoapex
@Mava (AI Support)
WM
12/21/2024 at 16:45:52 ESTwhen moon? @Mava (AI Support)
WM
12/21/2024 at 16:45:32 ESTwen moon @Mava (AI Support)
Infoapex
Where can we find the exact formula
Mava (AI Support)
The daily emission of USUAL is calculated based on several factors including the Total Value Locked (TVL) growth, specifically USD0++ denominated TVL, and changes in interest rates of assets backing USD0. The emission model is designed to promote scarcity and align incentives for early adopters and long-term holders. The emission rate decreases as the USD0++ supply grows, and it adjusts based on interest rates to maintain fairness for users in both low and high-interest rate periods. The minting rate is capped to prevent excessive emissions and can be further scaled by the DAO via USUAL governance. Reference: 1
Mava AI BetaInfoapex
How is calculated the emission of usual per day ?
superb3r
The coin is dropping.. 1.07 now
BraceletCollector
I just needed a ballpark #
If we assume that minting rate is constant and max supply will be exactly 4B, then yes you're correctBraceletCollector
Great this is what I’m looking for ty
Noé
watch out if he sends you a link in DM
BraceletCollector
Is that wrong
BraceletCollector
10/24 blog post on tokenomics?
BraceletCollector
Okay yes I just wanted to know the 10% Of emissions, not the installing fees
BraceletCollector
This link doesn’t provide any concrete numbers
Noé
Not necessarily, could be more or less depending on the Minting Factor and unstaking fees
Meris
Noe, do you think its realistically possible for Usual to reach double digits if the project goes well over the years?
BraceletCollector
Okay so 400mil tokens for usualX stakers over 4 years?
Meris
1.088
HEXTOR
Usual is back to 1.0?
Noé
but that's theoritical, could be less
Noé
It's 4B, over four years indeed
Mava (AI Support)
Hi, details about the maximum token supply can be found here: Usual Blog.
Mava AI BetaBraceletCollector
So there is no maximum token supply?
Noé
but the emission in itself can vary depending on the Minting Factor @BraceletCollector
zor
then u guys provided apy instead of APR. (60%/100 divided 365)* yt . Isnt this the formula?
Noé
Emission is released constantly sir
BraceletCollector
Is it released over one year? 10 years?
Yes but what’s the schedule
Noé
doesn't change
Noé
It's 10% of the emission sir
BraceletCollector
I didn’t see it in the docs
Mava (AI Support)
The USUAL token distribution system is designed to ensure fair, efficient, and community-driven emission. Tokens are distributed through a daily mechanism, which adjusts based on the protocol's performance indicators, such as TVL growth and interest rates. Emissions are allocated to on-chain vaults, like UsualX and UsualS, as well as off-chain participants through a merkle proof validation process. Reference: 1
Mava AI BetaBraceletCollector
Hi is there a place to see the usual distribution scheudle for usualX
zor
u cant ? then y all this
famousfxck
No.
WM
12/21/2024 at 16:32:16 ESTneed someone to spike the ratio to 1:1 on usual:usualx real quick, ty
zor
can u do a lil calculation for me. 33k YT, how much should I get?
Noé
Yes but again, APY isn't APR
Sir, YT is quite a sophisticated product, I'd recommend asking help on Pendle's Discord if you're not sure about all thatzor
but APY is provided by u.
Noé
Also APY isn't APR
for 30k yt I got only 38 USUAL. The usual website is showing 60+% APY, but I USUAL according to 40%APY. If it continues my position will be totally in loss.Noé
Sir, YT is quite a sophisticated product, I'd recommend asking help on Pendle's Discord if you're not sure about all that
WM
12/21/2024 at 16:30:05 ESTas a normal investor would do
CongQ
top 10 bruh moment
CongQ
bruh..
CongQ
you can find the contract address on the usual website
WM
12/21/2024 at 16:27:56 ESTis the 1 : 0.92 ratio of Usual : Usualx fixed?
famousfxck
And the number there is different
famousfxck
I just search UsualX on etherscan
gintruxx
can u ask team if u don't know
CongQ
oh just check the USUALx contract
but wouldn't issuing 1 USUAL for every 1 USD earned by collateral also be disinflationary?
e.g. at start token's total supply is 0. At end of year, 50 mil. This would be a very big inflation number. At end of 2nd year, it's 100 mil. Now inflation is only 100%. At end of 3rd year, it's 150 mil. Now inflation is only 50%.Noé
Sir, maths aren't mathing
famousfxck
@CongQ 👀
CongQ
it is what it is
zor
Pendle yt for my 1500$ 30k YT gave me 38 USUAL. APY is also decreasing, if the APY decrease more YT Users will be totally in loss.
gintruxx
but wouldn't issuing 1 USUAL for every 1 USD earned by collateral also be disinflationary? e.g. at start token's total supply is 0. At end of year, 50 mil. This would be a very big inflation number. At end of 2nd year, it's 100 mil. Now inflation is only 100%. At end of 3rd year, it's 150 mil. Now inflation is only 50%.
Eric
12/21/2024 at 16:25:09 ESTIs that good?
CongQ
the turnover rate for USUAL on Binance is almost 100%🤣
Ok I have a question, as i dont understand much, Is a 1220 usual stake investment gonna grow into anything in few years if the project goes well?Mava (AI Support)
Investing in USUAL tokens could potentially grow if the project succeeds. USUAL is designed to offer yield generation and growth potential, aligning token value with protocol success. By staking USUAL, you can earn additional rewards and have governance rights, which could enhance the value of your investment over time. However, like any investment, it carries risks, and growth is not guaranteed.
Mava AI BetaMeris
Ok I have a question, as i dont understand much, Is a 1220 usual stake investment gonna grow into anything in few years if the project goes well?
Noé
No, it's disinflationary emission
gintruxx
I don't know. Now you also generate infinite USUAL, just at a different rate.
right but why would issuing 1 USUAL token for every 1 USD generated by collateral would make things worse somehow?Noé
Because we would generate infinite USUAL as TVL grows, diluting everyone and tracking no growth
famousfxck
I see 82M staked instead
gintruxx
right but why would issuing 1 USUAL token for every 1 USD generated by collateral would make things worse somehow?
famousfxck
Where do you see this amount btw
Noé
Revenue, growth, disinflation etc.
Noé
Well I just told you? There is just more than one factor to calculate the emission.
gintruxx
nah for real why?
There is investors tho sir, they just have no $USUAL tokens (same for the team).
They have a separated token, USUAL*, which has the right to only 10% of the $USUAL emissions (while they hold it). Those rewards are cliffed for a year, and the tokens are cliffed and vested for 3 years.
Basically, investors account for more or less 6% of the emission, and team 4%. Everything is cliffed and vested over several years. This is probably one of the lowest allocations in DeFi.ehrm why do you even need this complicated minting distribution formula? why can't it be 1 $USUAL issued for 1USD of revenue generated by collateral?Noé
Because it's better? It's finance sir, things are a bit more complicated
Noé
# 🧐ㆍspeculation sir
superb3r
What do you guys think about the coin price? Will we see 1. 65 again this year?
Noé
It's basically the same properties as for USUALx, but they are cliffed and vested.
For comparison, USD0++ has a right to 45% of the emissions
Noé
There is investors tho sir, they just have no $USUAL tokens (same for the team). They have a separated token, USUAL*, which has the right to only 10% of the $USUAL emissions (while they hold it). Those rewards are cliffed for a year, and the tokens are cliffed and vested for 3 years. Basically, investors account for more or less 6% of the emission, and team 4%. Everything is cliffed and vested over several years. This is probably one of the lowest allocations in DeFi.
CongQ
yeah all VC want unicorns but they kill'em themselves in their baby stage
Because USD0++ being locked guarantees future cashflows for the protocol, from which we can precisely derivate the Minting Factor while preserving TVL.
Note that you can freely swap it back on the secondary market tho.gintruxx
ehrm why do you even need this complicated minting distribution formula? why can't it be 1 $USUAL issued for 1USD of revenue generated by collateral?
CongQ
and still ensures the governance power of USUALx holders like veTokenomics, but still remains liquid.
famousfxck
Holy I’m gonna be break even in like 2 months at this rate 😭😭
famousfxck
True
I think the best part that made me ape was 0 VCs lol
Lord Punterino
ooo i see
Noé
He's right, part of it is burnt, part of it is redistributed etc.
qaesarx
Ok got it, so over time USUALx will gain more value than USUAL. Per coin.
@Noé what's the point of USD0++ being locked for 4 years? why can't it be locked for 1 month?CongQ
So the primary TVL wouldn't get bank run'ed, you could always exchange on secondary
Lord Punterino
Dont think its burnt, just redistributed to usualx holders
@Noé what's the point of USD0++ being locked for 4 years? why can't it be locked for 1 month?Noé
Because USD0++ being locked guarantees future cashflows for the protocol, from which we can precisely derivate the Minting Factor while preserving TVL. Note that you can freely swap it back on the secondary market tho.
derzkiy
wen usual etherfi drop?
gintruxx
@Noé what's the point of USD0++ being locked for 4 years? why can't it be locked for 1 month?
Noé
Then, it'll be a subject. Probably just like other DAOs, the DAO will vote a budget for the Labs.
CongQ
that means around 170k is burned from unstaking alone already right?