#
💬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 26 of 74
Pendle is the only platform I know of that uses YT and PT, this LP is not a normal one
Manny Calavera
Spectra does it too
Grpprofesional
We won’t know for sure until USUAL.x starts showing up on DEXs to trade and what is the perceived value
Grpprofesional
I only deduced that USUAL.x grows in value compared to USUAL. If I was to deposit the same amount of usual today than I did 2 days ago, I’d get a smaller amount of USUAL.x
JazzySt
Please check # 🤖ㆍtroubleshooting
Mava (AI Support)
USUAL staking (USUALx) earns rewards every block. When you stake USUAL into USUALx, your rewards accrue and autocompound. You can see them when trying to unstake, but they do not show up under the classic 'Pending Rewards'.
Mava AI Beta
theDealer14
anyone received rewards on USUAL staking yet?
Doesn't matter they should show APY on your total deposit as well based on current ratio. All their crazy APY will go down a lot and will lose TVL. So wont do itGrpprofesional
They do They show it on the UI once you do LP
Mava (AI Support)
Yes, Pendle offers both PT (Principal Token) and YT (Yield Token) separation. This allows users to separate the principal and yield components of their assets, enabling more flexible financial strategies.
Mava AI BetaPendle is the only platform I know of that uses YT and PT, this LP is not a normal oneNez
Doesn't matter they should show APY on your total deposit as well based on current ratio. All their crazy APY will go down a lot and will lose TVL. So wont do it
Grpprofesional
Is there any other Pendle out there btw? Like PT and YT token separation?
Pendle is the only platform I know of that uses YT and PT, this LP is not a normal one
Nez
Makes this calculator useless, since you dont know the ratio in LP. It should add input for ratio based on historical or smth
Nez
Pendle is the only paltform that do this. LP APYs always show on total deposit not one side
Again thats calculator for underlying, but sometimes underlying/PT goes out of whack like 20:80 so you actually get 0.2 of that on your TOTAL DEPOSIT. APY has to be on total deposit, its not magic moneyGrpprofesional
Welcome to DeFi my brother
Nez
Again thats calculator for underlying, but sometimes underlying/PT goes out of whack like 20:80 so you actually get 0.2 of that on your TOTAL DEPOSIT. APY has to be on total deposit, its not magic money
Grpprofesional
For this LP specifically you basically need a staked PENDLE (value in USD) 5x larger than the LP zap
Everything that Usual does is to increase scarcity and price. You would never be in disadvantage.JazzySt
Say it louder for those in the back
It's an accurate APY (not APR) if you have the vePendle needed for the max boost, or are using something like equilibria, etc. that holds the vependle for you.Nez
Its not accurate. Its APY on underlying only, if this makes 20% of LP, you get very little. Common practice in DeFi is to show APY on total $$ deposit you put in (it will change constantly based on LP ratio). But Pendle scums want to show as high APY as possible can to attract people
Dynamo
answer for this?
It's an accurate APY (not APR) if you have the vePendle needed for the max boost, or are using something like equilibria, etc. that holds the vependle for you.
OrangePro
Do you have plans to make the UsualX token collateralizable, for example on Aave?
e.g. this is completely false and can be as low as 20% when on your total deposit if PT makes large amount of LP. But they never show APY on total deposit like all DeFi products do..treebeard
It's an accurate APY (not APR) if you have the vePendle needed for the max boost, or are using something like equilibria, etc. that holds the vependle for you.
Grpprofesional
Also if you have an open position you will see your APY
Check it up on the calculator
e.g. this is completely false and can be as low as 20% when on your total deposit if PT makes large amount of LP. But they never show APY on total deposit like all DeFi products do..Grpprofesional
That's bc they scumbags show in bright colours the max boost, while on ~~strikethrough~~ yours
Because, we calculate it by doing something like:
- 28k YT worth 1000$
- 28k YT give you the reward of 28k USD0++
- So USD0++ APY ~ 60% so if you invested 1k to get exposed to 28k you leverage 28x so 28*60%=1680%
zor
My 1.5k position in pendle. But in Usual website it is just showing 955 USD0++. It means Iam getting 83% only on 955?
Noé
# 🤖ㆍtroubleshooting
Nafish
I have staked yesterday more than 24 Hours ended still Didn't earn any reward
i already opened can you please check? Because you told me to open so and you said that you'll checkNoé
I'll check, but rn the chat is hyperactive
Dynamo
i already opened can you please check? Because you told me to open so and you said that you'll check
I think the person I was responding to is asking about YT. Pendle has great docs id recommend thoseGrpprofesional
Pendle is really hard to learn, but once you do learn it it's very ez to make conclusions
Noé
I don't check DMs sir, open a ticket if you need assistance or contact
Because, we calculate it by doing something like:
- 28k YT worth 1000$
- 28k YT give you the reward of 28k USD0++
- So USD0++ APY ~ 60% so if you invested 1k to get exposed to 28k you leverage 28x so 28*60%=1680%Dynamo
please check your dm
treebeard
I think the person I was responding to is asking about YT. Pendle has great docs id recommend those
Grpprofesional
Thing is by default they show only YT and PT and nothing else
Yeah they show "underlying apy" if you click into the pool. The main APY is calculated on what you spend, not the underlyingNez
"My APY" is shown for underlying mixed with total. It never shows on total deposit.
treebeard
Yeah ik
Yeah they show "underlying apy" if you click into the pool. The main APY is calculated on what you spend, not the underlyingGrpprofesional
You can enable it on the UI brother
Noé
numbers are random
Noé
Because, we calculate it by doing something like: - 28k YT worth 1000$ - 28k YT give you the reward of 28k USD0++ - So USD0++ APY ~ 60% so if you invested 1k to get exposed to 28k you leverage 28x so 28*60%=1680%
Lol nowhere close to be accurate. Not to mention, Pendle is like only DeFi product showing APY NOT for the whole deposit but underlying. Very misleading.treebeard
Yeah they show "underlying apy" if you click into the pool. The main APY is calculated on what you spend, not the underlying
Nez
I dont have such option, to show APY on total deposit. I even asked in their Discord, said have to calculate yourself and ignore their APY shown. LMAO
Nafish
Okay then You can remove that 10% fee to unstake for the daily return at least..
zor
Differently ? I have just deposited USD0. Why it give different answer.
Lol nowhere close to be accurate. Not to mention, Pendle is like only DeFi product showing APY NOT for the whole deposit but underlying. Very misleading.Read that! But that's not right! There should be a choice like who wants to compund or who wants to take daily profit!Noé
Well no, because it would ruin the Game Theory behind staking
Lol nowhere close to be accurate. Not to mention, Pendle is like only DeFi product showing APY NOT for the whole deposit but underlying. Very misleading.Grpprofesional
You can show it all, UI has options for that as well
Read that! But that's not right! There should be a choice like who wants to compund or who wants to take daily profit!JazzySt
@Noé
APY != APR, pendle apys are accurate from what I've seen. APY assumes compounding for a yearNez
Lol nowhere close to be accurate. Not to mention, Pendle is like only DeFi product showing APY NOT for the whole deposit but underlying. Very misleading.
Noé
based on different factors
both are good, they just calculate differently the APY
This is what confusing me. In USUAL website it is showing 80k APY for pendle. In the same site it is showing 83% APY for pendle. Why team showing two different APY.Noé
Because it's two different ways to calculate
zor
This is what confusing me. In USUAL website it is showing 80k APY for pendle. In the same site it is showing 83% APY for pendle. Why team showing two different APY.
Grpprofesional
Oh it's bc APY grows exponentially so the bot calcualtes it that way, the math is correct but the numbers are whack for those cases they have an option in their UI (top right of the token list) where you can choose to display as ROI or APY
Nafish
Read that! But that's not right! There should be a choice like who wants to compund or who wants to take daily profit!
Well YT is the same, APY is misleading. Now its shows like 20k%, but actual is you get maybe 80% return in 41 days if USDC0++ yield stays the same (big if). That is like 712% APY. I never figured out where their carzy APYs coming from loltreebeard
APY != APR, pendle apys are accurate from what I've seen. APY assumes compounding for a year
Just-Moon
Is it an auto compounding staking for USUALX?
JazzySt
# 🤖ㆍtroubleshooting
No worries mate
but my point stands, since USD0++ pays in a different token, it doesn't self compound
so it isn't APY, it's APRNez
Yes also that
And btw, if someone really wants an answer that is official, you can just open a ticket, like everywhere else.
Don't harass team members or helpful community members because they haven't seen your message here or don't answer fast enough.Nafish
So i cant claim yet daily usual earn from usualx?
Grpprofesional
No worries mate but my point stands, since USD0++ pays in a different token, it doesn't self compound so it isn't APY, it's APR
Nez
Well YT is the same, APY is misleading. Now its shows like 20k%, but actual is you get maybe 80% return in 41 days if USDC0++ yield stays the same (big if). That is like 712% APY. I never figured out where their carzy APYs coming from lol
It pays on a different currency at a different place, no way it self compounds
otherwise the USD0+++ would increase value respective to USD0, like if it was a wrapped liquid staked token, e.g. WstETH/ETHJazzySt
Ahh sorry I mean the revenue in usual can accumulate not compound my bad
My general advice for all of you, AVOID Pendle, just do it on Usual.
Pendle APY is NEVER as they show, can expect 50% lower at least. Its mostly because they show APY for only underlying part of the LP, which sometimes only makes <20% of your position. Meaning 100% APY would be actually 20% on your total deposit.
They are known to be misleading with high APYsGrpprofesional
They talking YT not LP
Leozara
you should check it at the website, where is UNDERLYING APY
Noé
It's calculated on the $ value spent to buy those YT and generate return. It's basically considering it as leverage.
Nez
I mean ignore it, its not 20k%
JazzySt
@Just-Moon I promise it will be more worth it
Grpprofesional
It pays on a different currency at a different place, no way it self compounds otherwise the USD0+++ would increase value respective to USD0, like if it was a wrapped liquid staked token, e.g. WstETH/ETH
zor
bs ?
Nez
its bs
My general advice for all of you, AVOID Pendle, just do it on Usual. Pendle APY is NEVER as they show, can expect 50% lower at least. Its mostly because they show APY for only underlying part of the LP, which sometimes only makes <20% of your position. Meaning 100% APY would be actually 20% on your total deposit. They are known to be misleading with high APYs
zor
Yeah, but what about 20k% pendle APY ? How is the calculated.
Mava (AI Support)
To transfer your tokens for rewards, you should first move them from the centralized exchange (CEX) to a wallet like Trustwallet. Once your tokens are in Trustwallet, you can connect your wallet to the Usual site to manage and stake your tokens for rewards.
Mava AI BetaJust-Moon
Ok, now I staked Usual to Usualx, when can I expect to see my rewards?
marcus771
12/20/2024 at 08:52:44 ESTGuys, I would like to transfer my tokens for rewards. I currently have them on a CEX and I don't know whether to spend them on Trustwallet and connect to the usual site or move them directly to the usual site.
Now that u guys say that, USD0++ is APR bc it doesn't self compound
@Noé should that be changed on the UI?JazzySt
It should self compound no?
Leozara
no problem mate!
zor
yeah, thanks
And btw, if someone really wants an answer that is official, you can just open a ticket, like everywhere else.
Don't harass team members or helpful community members because they haven't seen your message here or don't answer fast enough.JazzySt
Or don’t know an answer like in my case and wait for someone with more details to answer lol
Leozara
did you understood it now?
Noé
And btw, if someone really wants an answer that is official, you can just open a ticket, like everywhere else. Don't harass team members or helpful community members because they haven't seen your message here or don't answer fast enough.
Grpprofesional
Now that u guys say that, USD0++ is APR bc it doesn't self compound @Noé should that be changed on the UI?
Hey man, I'm getting 5 messages per second here, if you send a big ass message with custom formatting, you're breaching the # 📝ㆍrules and you're getting muted.
Not my problem. Btw I'm guessing you actually have an alt account ^^zor
Ok I can unsderstand, but 7 days it too harsh. They can understand if u mute for 1 hour.
APR is 60 so if you're trying to calculate what you'll get in a day, 60/100/365 * 30k is closerLeozara
nice, thats it!
It’s just we need to be patient with each other. We are trying to answer everyone and everythingtreebeard
Also it's the same questions asked like every 10 messages 🤣
JazzySt
It’s just we need to be patient with each other. We are trying to answer everyone and everything
my friend, u said u got 30K YT, right?
the APY for pendle now is about 83%
so 83/100/365 = 0,0022739.....
0,0022739 x 30k = 68,21 for 24 hours
2,84 for hour
thats what i understand, i can be wrongzor
This is helpful thank you.
No offense bro. But the team member muted for 7 days instead of answering. Ok the big messege may be annoying. They can mute for 1 hour .Noé
Hey man, I'm getting 5 messages per second here, if you send a big ass message with custom formatting, you're breaching the # 📝ㆍrules and you're getting muted. Not my problem. Btw I'm guessing you actually have an alt account ^^
famousfxck
Don’t forget they also receive USD0++ as rewards
my friend, u said u got 30K YT, right?
the APY for pendle now is about 83%
so 83/100/365 = 0,0022739.....
0,0022739 x 30k = 68,21 for 24 hours
2,84 for hour
thats what i understand, i can be wrongtreebeard
APR is 60 so if you're trying to calculate what you'll get in a day, 60/100/365 * 30k is closer
zor
my bad. but 7 days isnt fair.
famousfxck
No it’s correct.
Grpprofesional
For an hour you said I read iot wrong
Leozara
and why is that?
Grpprofesional
Oh wait
zor
No offense bro. But the team member muted for 7 days instead of answering. Ok the big messege may be annoying. They can mute for 1 hour .
my friend, u said u got 30K YT, right?
the APY for pendle now is about 83%
so 83/100/365 = 0,0022739.....
0,0022739 x 30k = 68,21 for 24 hours
2,84 for hour
thats what i understand, i can be wrongGrpprofesional
You're wrong
my friend, u said u got 30K YT, right?
the APY for pendle now is about 83%
so 83/100/365 = 0,0022739.....
0,0022739 x 30k = 68,21 for 24 hours
2,84 for hour
thats what i understand, i can be wrongfamousfxck
Good calculations
Crazy work ngl
Noé
If you cared to read my message, I said "in the last 48 hours", not the mute duration.
Grpprofesional
Remember that USUAL.x is designed for LONG holding if you decide to unstake you'll incur a 10% fee
The only guy I muted in the last 48 hours sent a modified message with a big text size. It was a spam.No
YT will give you directly USUAL on your USUAL interface
by the end of the YT lifespan, the YT itself will be worth $0
so it is very risky if you don't know what you're doingJust-Moon
So to play it safe, staking to USUALX is better?
I don't see any muting going around. @Noé having modded olympus during the rebasing days, you're going to get this confusion all the time. You might want to put this clarification in a bot answer so you don't have to explain every time.Noé
Yeah indeed, but we're actually pushing a hot fix for the UI today, clarifying those things a bit
Just-Moon
Why? I can sell it later, plus I'll get USUAL tokens, right?
Guys please correct me if I'm wrong, now I'll swap my 1K Usual to 37K YT on Pendle website, then I have to stake YT and get the 80K APY, right?Grpprofesional
No YT will give you directly USUAL on your USUAL interface by the end of the YT lifespan, the YT itself will be worth $0 so it is very risky if you don't know what you're doing
The only guy I muted in the last 48 hours sent a modified message with a big text size. It was a spam.zor
are you sure sir. Only 48 hours?
Z33
I don't see any muting going around. @Noé having modded olympus during the rebasing days, you're going to get this confusion all the time. You might want to put this clarification in a bot answer so you don't have to explain every time.
Noé
@Just-Moon Please do not buy YTs without knowing how YTs work
Mava (AI Support)
The high percentage for USUALx is due to its reward distribution mechanism. USUALx holders receive 10% of the total USUAL emitted by the protocol. If a small percentage of the supply is staked in USUALx, the rewards for each staker are significantly higher. However, the 1800% yearly APY does not directly translate to a 5% daily yield, as APY assumes compounding over the year. References: 1
Mava AI Beta
tomaszron
why the % for usualx is so high? 1800% yearly it gives 5% daily, am i correct?
Guys please correct me if I'm wrong, now I'll swap my 1K Usual to 37K YT on Pendle website, then I have to stake YT and get the 80K APY, right?Mava (AI Support)
Yes, you can swap your 1K Usual to 37K YT on the Pendle website. Once you have YT, you can stake it to earn the APY. However, please note that the APY is calculated on your YT holdings, not their dollar value.
Mava AI BetaJust-Moon
Guys please correct me if I'm wrong, now I'll swap my 1K Usual to 37K YT on Pendle website, then I have to stake YT and get the 80K APY, right?
Z33
that's how high percentage APYs work unfortunately. it's common across defi. and it's a hard problem to figure out what to display, as it's a projection.
That's a bit lower than expected. if it's compounding hourly, 20000% corresponds to ~0.061% per hour, i.e. .00061 * 16000 = 10 tokens in the first hour. But remember, the 20,000% was when you deposited, I bet within that time frame the actual APY continued going down as more people deposited.zor
Team member arent explaining like this. They are just muting for a week.
Grpprofesional
How to Convert APY to APR daily =(1+APY%)^(1/365)-1
famousfxck
Calculate APY to APR for better calculations 👍
If you have YT USD0++: rewards are 87% APY $USUAL AND whatever % on Pendle of USD0++
so daily compounding? can you calculate for next day. 20k APY minimum(it 80k APY for now) Let us take 20k minimum with 30k YT position.Leozara
guys, come on! you should read pendle docs before start using. The APY for YT at pendle is 80,11% rn, u can check it in pendle pages
JazzySt
That’s coming up
Noé
famousfxck
Listen please: for USD0++ -> you get 87% APY for USUALx -> you get 1,700% APY (convert this to APR for better results)
treebeard
You should add an apy/apr explainer in there 😂
JazzySt
It is explained here
The team is working on making it clearer. They have tried their best proving as much info and documentation as possible as a starter
yhelothere
The website is very misleading especially with the high % and daily reward section.
Z33
That's a bit lower than expected. if it's compounding hourly, 20000% corresponds to ~0.061% per hour, i.e. .00061 * 16000 = 10 tokens in the first hour. But remember, the 20,000% was when you deposited, I bet within that time frame the actual APY continued going down as more people deposited.
JazzySt
# 🤖ㆍtroubleshooting
0xYushiko
@Noé anyone know why my balance on usualX still the same for 2days ?
TBH for Usualx it was not very clear that it's autocompounding and APY and not APR. Now I'm locked and cannot remove unless I want to lose 10%. You should give an option to withdraw without penaltyJazzySt
The team is working on making it clearer. They have tried their best proving as much info and documentation as possible as a starter
cybernad
website shows 1736%, how do you calculate 87% APY?
zor
so daily compounding? can you calculate for next day. 20k APY minimum(it 80k APY for now) Let us take 20k minimum with 30k YT position.
yhelothere
TBH for Usualx it was not very clear that it's autocompounding and APY and not APR. Now I'm locked and cannot remove unless I want to lose 10%. You should give an option to withdraw without penalty
famousfxck
87% is like 0.2% every day
And USD0++ depends on APY on Pendle
87% APY on $USUAL
So you will gets on USD0++ YT: - USD0++ rewards - $USUAL
JazzySt
Man it seems like a year ago hahaha I don’t know the answer maybe someone will tell you. I’m sure it’s on X
Noé
# 🤖ㆍtroubleshooting
20,000% compounding daily equates to around 1.4% daily. So the first day, starting with 16k you'll get around 224 tokens.zor
But I got 7 tokens for 5 hours.
tomaszron
when i stake 10 usual it say i receive 9.2 usualx why is that
hey guys I've been staking for two days but pending reward is zero still, is it a UI issue?0xYushiko
same there, usualX too ?
Z33
that'd be correct if it was 20000% APR (no compounding). The number advertised is APY.
Noé
20k APY on YT is calculated on the original $ amount to get those YTs, basically it considers it as leverage
ptitspapiers
1 usualx = 0.9746
CTUOSOOCYH27
what is 7 day verification period
famousfxck
If yes, current APY for USD0++ is 87% and not 20k%
zor
yes.
hey guys I've been staking for two days but pending reward is zero still, is it a UI issue?Mava (AI Support)
If you are staking USUAL into USUALx, your rewards accrue and auto-compound, and they do not show up under 'Pending Rewards'. You can see them when you try to unstake. For USD0++, rewards are distributed at the end of each 24-hour cycle under 'Pending Rewards'.
Mava AI Betahey guys I've been staking for two days but pending reward is zero still, is it a UI issue?JazzySt
# 🤖ㆍtroubleshooting
Yes sir. I got it. I searched all this in the docs of USUAL. Then u calculate that for me. According to it. 20k APY with 30k YT. I should get
Daily USUAL=
(YT holdings × APY as a percentage)/365 = 16k Daily Usual. I dont this is possible.
famousfxck
Do you have 30K YT USD0++?
0xYushiko
the sold stay the same for 2day rn
Z33
20,000% compounding daily equates to around 1.4% daily. So the first day, starting with 16k you'll get around 224 tokens.
CTUOSOOCYH27
hey guys I've been staking for two days but pending reward is zero still, is it a UI issue?
Mava (AI Support)
Good morning! The auto-compounding feature for USUALx is already active. USUALx acts like a vault share, meaning rewards are automatically compounded into your USUALx position. You don't need to manually claim them.
Mava AI Beta0xYushiko
gm wen see the auto compound on usualX ?
zor
Thank you.
JazzySt
But those who started early and in it for the long run and just keeping the revenue compounding
zor
20k dividing by 100 and then divided by 365, gives 0.547. Then multiplied by 30k yt gives. 16k.
DrUky
Thanks good to know. Last one, what was the usd0 TVL at tge?
Usual
Is there anyone using pendle. Please answer this. No one is giving clarity. They are just asking to check here and there.JazzySt
@famousfxck uses Pendle I’ll ask him when he’s on
@Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards.
This system can indeed make it difficult to track your yield. Since rewards are automatically compounded and added to the total balance, it’s hard to distinguish how much comes from the yield generated. The lack of a dedicated "Pending Rewards" section further adds to this challenge, as there’s no real-time visibility of your gains. A potential solution could be adding an indicator or a yield history log for better transparency.yhelothere
So what does increase? The number of Usualx or is one Usualx worth more than 1 Usual after 24 hours? I can't see neither of both
zor
Can u enlighten me. can you correct it for me.
DrUky
I mean claiming USUAL rewards from usd0+ staking
Z33
APY involves compounding so what you get on daily is much lower then just dividing by 365
JazzySt
You don’t need to unstake you can swap for USD0 easily
Yes sir. I got it. I searched all this in the docs of USUAL. Then u calculate that for me. According to it. 20k APY with 30k YT. I should get
Daily USUAL=
(YT holdings × APY as a percentage)/365 = 16k Daily Usual. I dont this is possible.
zor
Is there anyone using pendle. Please answer this. No one is giving clarity. They are just asking to check here and there.
Yes sir. I got it. I searched all this in the docs of USUAL. Then u calculate that for me. According to it. 20k APY with 30k YT. I should get
Daily USUAL=
(YT holdings × APY as a percentage)/365 = 16k Daily Usual. I dont this is possible.
Z33
the math you wrote is for APR. not apy.
DrUky
and claim their rewards
DrUky
so OG stakers already been able to unstake?
JazzySt
Long before tge
Yes sir. I got it. I searched all this in the docs of USUAL. Then u calculate that for me. According to it. 20k APY with 30k YT. I should get
Daily USUAL=
(YT holdings × APY as a percentage)/365 = 16k Daily Usual. I dont this is possible.
Just-Moon
16K Daily USUAL?!!! for staking how many tokens?
@Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards.
This system can indeed make it difficult to track your yield. Since rewards are automatically compounded and added to the total balance, it’s hard to distinguish how much comes from the yield generated. The lack of a dedicated "Pending Rewards" section further adds to this challenge, as there’s no real-time visibility of your gains. A potential solution could be adding an indicator or a yield history log for better transparency.ptitspapiers
@Mava (AI Support) When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards. This system can indeed make it difficult to track your yield. Since rewards are automatically compounded and added to the total balance, it’s hard to distinguish how much comes from the yield generated. The lack of a dedicated "Pending Rewards" section further adds to this challenge, as there’s no real-time visibility of your gains. A potential solution could be adding an indicator or a yield history log for better transparency.
DrUky
When did usd0++ staking started?
Grpprofesional
Bro ETH took a 10% drop today and USUAL stays stable and growing
Noé
# 🤖ㆍtroubleshooting
YT's APY shown is calculated on the initial $ amount invested.
1 YT = 1 USD0++ in terms of yield. Your YT gets the same yield (around 60% iirc rn) as 1 USD0++.zor
Yes sir. I got it. I searched all this in the docs of USUAL. Then u calculate that for me. According to it. 20k APY with 30k YT. I should get Daily USUAL= (YT holdings × APY as a percentage)/365 = 16k Daily Usual. I dont this is possible.
tomaszron
whats the staking fee in eth for usualx? do i need gas in my wallet to stake and unstake?
Just-Moon
Got it, thanks guys
Noé
you don't need to
Noé
It's just another option for farming
famousfxck
Or stake USUALx on Usual dashboard
YT is a product from Pendle. You have to buy YTs from their website, but if you don't know what's YT, I'd advise to read their docs.Just-Moon
I have 1000 usual, why stake for YT?
famousfxck
You convert USD0 to USD0++ but there’s also swapping mechanism on the platform
Just-Moon
Do I have to convert to USDO to stake for YT?
Where can I see the reward for my staked usualx? It says autocompound but I don't see any difference in balance.Noé
# 🤖ㆍtroubleshooting
yhelothere
I don't get the last sentence. Why is it so hard to figure out?
Where can I see the reward for my staked usualx? It says autocompound but I don't see any difference in balance.Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards.
Mava AI BetaYT's APY shown is calculated on the initial $ amount invested.
1 YT = 1 USD0++ in terms of yield. Your YT gets the same yield (around 60% iirc rn) as 1 USD0++.Just-Moon
Shown where? I can't find anything about YT on USUAL website.
yhelothere
Where can I see the reward for my staked usualx? It says autocompound but I don't see any difference in balance.
JazzySt
Because it is not 1:1 to start with
I deposited 1500 USD0 which gave me 30k yt 5 hours ago. APY was above 20k. But I only got 7 USUAL. Why I got very less USUAL. Can u explain this.Noé
YT's APY shown is calculated on the initial $ amount invested. 1 YT = 1 USD0++ in terms of yield. Your YT gets the same yield (around 60% iirc rn) as 1 USD0++.
DrUky
I am not sure to understand why 1 usual worth 0.92 usual X, and then 10% taxe
zor
I deposited 1500 USD0 which gave me 30k yt 5 hours ago. APY was above 20k. But I only got 7 USUAL. Why I got very less USUAL. Can u explain this.
zor
common, what i said. Instead of telling these. Why dont u answer my question. I will not messge afterwards
JazzySt
@zor apy is not misleading
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.
Mava AI Beta
R
Why can't I see my earnings for staked Usual on the platform?
JazzySt
Please be polite we are all trying to help the team.
zor
Bro, if u can explain, do it. Why are just writing non sense messege.
phdzack
Usual Reward for the YT USD0 number are not right
It's literally explained in # 🤖ㆍtroubleshooting and answered 500 times. I have 5 messages per second to manage alone. If someone sends a big ass message, it's spam. Not my issue.zor
No sir, I cant find answer to my question in # 🤖ㆍtroubleshooting .
tomaszron
can i unstake usualx any time i want?
Just-Moon
What's the price of YT?!
is this the only browswer app to stake usualx? https://app.usual.money/swap?from=USUAL&to=USUALx
loanads0147
12/20/2024 at 08:17:42 ESTno
is this the only browswer app to stake usualx? https://app.usual.money/swap?from=USUAL&to=USUALxMava (AI Support)
Yes, the Usual dApp at https://app.usual.money/swap?from=USUAL&to=USUALx is the primary platform for staking USUAL into USUALx.
Mava AI Betatomaszron
is this the only browswer app to stake usualx? https://app.usual.money/swap?from=USUAL&to=USUALx
zor
Its ok, can u answer that. I wanna know is that apy misleading?
It will make u notice, you havent answred previously, even now you havent answred yet. According to APY , can answer that question. u are just ignoring the question. Not at a fair thingNoé
It's literally explained in # 🤖ㆍtroubleshooting and answered 500 times. I have 5 messages per second to manage alone. If someone sends a big ass message, it's spam. Not my issue.
It will make u notice, you havent answred previously, even now you havent answred yet. According to APY , can answer that question. u are just ignoring the question. Not at a fair thingloanads0147
12/20/2024 at 08:16:45 ESTlol then why stressing?
zor
It will make u notice, you havent answred previously, even now you havent answred yet. According to APY , can answer that question. u are just ignoring the question. Not at a fair thing
Noé
There is no mobile app
tomaszron
i dont se usual app on play store in my smarphone, how to install the app?
Just-Moon
Where can I find this Pendle? This is another project, right?
Sir this not fair, instead of answering the question you are just muting users. If you give the answer why someone will ask multiple times. We are asking because we are not getting answer. You can answer it.JazzySt
We are all trying to answer the same question over and over
Sir this not fair, instead of answering the question you are just muting users. If you give the answer why someone will ask multiple times. We are asking because we are not getting answer. You can answer it.Noé
No, the guy sends a message in a big text size, that's just spam
famousfxck
But people keep asking the same questions 1000X instead of scrolling
Sir this not fair, instead of answering the question you are just muting users. If you give the answer why someone will ask multiple times. We are asking because we are not getting answer. You can answer it.famousfxck
I’m here almost 16h per day and people say the answer every 2minutes
famousfxck
Pendle product because going long
Sir this not fair, instead of answering the question you are just muting users. If you give the answer why someone will ask multiple times. We are asking because we are not getting answer. You can answer it.Usual
zor
Sir this not fair, instead of answering the question you are just muting users. If you give the answer why someone will ask multiple times. We are asking because we are not getting answer. You can answer it.
Just-Moon
What is YT?
famousfxck
Beware that APY is not APR
if u want flip in flip out, to take a short profit,don't, if u want hold it for long term (>20day) and want to earn more while holding, stake to usualxJust-Moon
Good, so 20K APY is for staking to what exactly?
famousfxck
Or well actually, USUALx -> deposit on Pendle for YT -> more USUALx
Klinta
Haha you are doing great noe 😂 patience is 🔑
621936
Ppl stake and after hour they start looking on profit lol 😅😜 look at bigger picture . Usual is going up even u get some usual already ur staked usual increase in value . This is 10 bil mc not less . Don't look for quick profit
Just-Moon
@famousfxck Bro, what is the highest APY for staking USUAL? Is it staking to USUALX?
Eminent
if u want flip in flip out, to take a short profit,don't, if u want hold it for long term (>20day) and want to earn more while holding, stake to usualx
# I deposited 1500 USD0 which gave me 30k yt 5 hours ago. APY was above 20k. But I only got 7 USUAL. Why I got very less USUAL. @Adli @Noéfamousfxck
Probably because you need to wait until new cycle begins every 24h?
Mava (AI Support)
Yes, you can stake your USUAL to convert it into USUALx. USUALx acts like a vault share, representing your share of the vault and rewards. This allows you to participate in the rewards accumulated for stakers.
Mava AI Beta# I deposited 1500 USD0 which gave me 30k yt 5 hours ago. APY was above 20k. But I only got 7 USUAL. Why I got very less USUAL. @Adli @NoéJust-Moon
Now I have USUAL, what's the best way to stake it? Should I stake it to USUALX?
boo
Can you please send out the picture of the annual income so that I can see what it looks like
Louis
# I deposited 1500 USD0 which gave me 30k yt 5 hours ago. APY was above 20k. But I only got 7 USUAL. Why I got very less USUAL. @Adli @Noé
Mava (AI Support)
To stake USUALx, you will need a digital wallet that supports Ethereum, as USUALx staking is available on the Ethereum network. You can stake your USUAL tokens into USUALx through the Usual app. Ensure your wallet is connected to the app to facilitate the staking process.
Mava AI Betatomaszron
how to stake usualx, do i need a wallet or something and what site to stake
CrytoCraze
unknow im long term am just making sure everything is good
I'll wait 7days and see
CrytoCraze
my usualx same quantity
famousfxck
Because there’s already a 10% unstake fee applied
Noé
for god sake please read # 🤖ㆍtroubleshooting
Noé
# 🤖ㆍtroubleshooting
Just-Moon
Because there's not guide! There are many tokens to stake
Either stake and hold longtime or go back buying memecoins. This isn’t a project to stake and unstake tomorrowCrytoCraze
the reward is not increasing bro
JazzySt
You are staking a currency
Louis
I deposited 1500 USD0 which gave me 30k yt 5 hours ago. APY was above 20k. But I only got 7 USUAL. Why I got very less USUAL.
JazzySt
It is not a daily reward game where you can withdraw winnings for free
Why aren’t people understanding this???
Mava (AI Support)
The profit from holding 1000 USUAL tokens depends on various factors such as the protocol's revenue, the total value locked (TVL), and the growth of the Usual ecosystem. USUAL tokens are revenue-based, meaning their value and potential profit are tied to the protocol's performance and revenue generation. As the protocol grows and generates more revenue, the value of USUAL tokens may increase, potentially leading to profit for holders. However, specific profit calculations would require current market data and revenue figures, which are not provided in the documentation.
Mava AI Betafamousfxck
Either stake and hold longtime or go back buying memecoins. This isn’t a project to stake and unstake tomorrow
JazzySt
Dude because it is for LONG TERMMMMMMM not daily unstaking
Just-Moon
What is the profit for 1000 USUAL tokens?
famousfxck
It’s not a ponzi scheme ffs
CrytoCraze
not good staking with fee 10% high APY is click bait 100%
famousfxck
But yeah it’s normal if you instantly unstake when there’s a 10% unstaking fee that you make no profit 😂
derelict_dalmatian
anywhere to get more info on the team?
boo
Pledged for 25 hours, no profit visible
Borther, I have USUAL from Binance, and now moved it to my wallet, can I stake USUAL and unstake it whenever I want?famousfxck
There’s a 10% installing fee
my usual is 103 before when I change it to usualx now only 96 and when I want to unstake it it needs atleast 9.4 usual so no rewards at all and lose 9.4 usual plus the only I withdraw is 94 usual + gass feefamousfxck
USUALx is a share of a vault so it’s normal that it’s less, but it’s the same $ value.
Just-Moon
Borther, I have USUAL from Binance, and now moved it to my wallet, can I stake USUAL and unstake it whenever I want?
my usual is 103 before when I change it to usualx now only 96 and when I want to unstake it it needs atleast 9.4 usual so no rewards at all and lose 9.4 usual plus the only I withdraw is 94 usual + gass feeNoé
# 🤖ㆍtroubleshooting
CrytoCraze
my usual is 103 before when I change it to usualx now only 96 and when I want to unstake it it needs atleast 9.4 usual so no rewards at all and lose 9.4 usual plus the only I withdraw is 94 usual + gass fee
famousfxck
But you can swap it easy
Or well USD0++ locks USD0 for 4 years
famousfxck
No
Just-Moon
Did you really locked your tokens for 4 years?!!
JazzySt
The plus on left of chat window
621936
U can sell ur usd0+ any secondary market
CrytoCraze
how to send image hete
Just-Moon
4 years locking! isn't tehre any locking for few months?
If users void redemption via 3.3.1 and 3.3.2, the team does have the right to activate 3.3.3. This right does not imply the team is liquidating the underlying collateral positions. Instead, the team is unlocking USD0 locked behind USD0++. This transaction is completely onchain and, thus, independent from the collateral, which is actually held directly behind USD0 and not USD0++.
Note the following wording on page 8 regarding 3.3.3 (Parity Arbitrage Mechanism), "Under this mechanism, the DAO retains the authority to unlock the underlying LDT (USD0) from the LST (USD0++) prior to its maturity, provided such action is approved through DAO governance."
With regards to collateral, the team never directly interacts with the collateral as this is held in a DAO Collateral Smart Contract. All collateral is stored in tokenized, liquid treasury bills as defined by eligible collateral in 2.2.1. Specifically, our tokenizers invest into reverse repos which have next day maturity (little impact from immediate rate hikes). However, we define a duration threshold for all collateral held by tokenizers at 0.33 yrs. We did an analysis on worst case impact in 8.1 in which, if all collateral was at a 0.33 duration, we could expect the collateral to lose a maximum of 0.33%. This is covered by our insurance fund which uses treasury to overcollateralize and protect the USD0 peg from negative collateral situations as you have pointed out.
nihilistic button clicker
Thank you ! Appreciate you coming back. Gotcha love the comparison with Circle/SVB in the white paper Only thing I'm not so sure about is in the article they are defending LDT (USD0) rather than USD+00 which is the one locked till 2028. Ie . The insurance fund is to defend the USD0/USDC peg, not the USD0/USD0++ floor . so in mass redemption we talked about it will be interesting to see what happens. USD0 is fully collateralised so I don't expect any fanfare in that regard (USD0/USDC peg) @Mr. Lin
CrytoCraze
no.
Just-Moon
Is there any locking period for staking USUAL?
Mava (AI Support)
When you stake USUAL into USUALx, your rewards are auto-compounded. This means that over time, your share of the staking rewards increases, allowing you to withdraw more USUAL when you decide to unstake. The rewards are calculated at each block and reflected in the value of your USUALx.
Mava AI BetaMava (AI Support)
To see how much USUALx has accrued, you can check the rewards you accumulated when trying to unstake. Since USUALx acts like a vault share, the increasing rewards reflect live when you try to unstake. They are not shown under 'Pending Rewards', unlike USD0++ related rewards.
Mava AI BetaCrytoCraze
how my reward in usualx add?
Noé
# 🤖ㆍtroubleshooting
Noé
Yes you can, there is no issue on that.
0xconvergence
How can I see how much usualX is accrued?
Eminent
yep,no need to do anything
Geografinist
Stake usual, reward auto compound to usualx? No need to claim?
that's right , which makes apy a more useless signal, current apy 1797 means 300apr and u can get 80u today every 10k usd u put,this is the accurate amount,not 1k + usd on the website calculated by the apy
OxygenG
can i transfer usualx to my ledger instead of my hot wallet? will that affect my stake
621936
But if u looks in other way if u buy usual and swap it to xusual . So u get usual reward and also ur usual now 1.3 if its go to 2 dollar u get more profit . Just pov
Eminent
that's right , which makes apy a more useless signal, current apy 1797 means 300apr and u can get 80u today every 10k usd u put,this is the accurate amount,not 1k + usd on the website calculated by the apy
Mava (AI Support)
Polynomial is considered a third-party integration, and they are responsible for redistributing the rewards themselves. For specific details about the distribution of USUAL tokens, it would be best to contact Polynomial directly.
Mava AI BetaCrazySsha
12/20/2024 at 07:59:44 ESTexcuse me, when can Polynomial stakers receive their drop? Polynomial's admins wrote they still didn't get USUAL tokens from USUAL team
Lucky Boy
No we get the 40k per user limit in pre market im just test staking out a few coins
I agree with you , ill just use that explanation over my followers inquiry in binance square. Thank you for the reply621936
Binance square lol ppl there investing 10 dollar or 20 lol I love read square
YosemiteSam.eth
thanks, just to make sure , i dont have to do anything else right
621936
Yes
Noé
Yes
YosemiteSam.eth
hey there , if i swap usdt for usdo++, does it mean its staked automatically ?
yep i am talking about usualx, apy is not reflected to daily income, it is based on the assumption that u accumulated for a whole year and the average amount daily, however when at the beginning, what u 10k usd put in usualx will get 80u daily621936
I 🤔 it will change daily due the more ppl stake the less % u get
Bro there is no increase after the simulation. That’s why im asking. You dont need to send me the same msgNoé
Open a ticket and send me your wallet + a screenshot of what you can unstake now, I'll explain
Semicolon
i saw guy naked in the emoticon idk if i see wrong
JazzySt
You have the patience of a saint honestly 😇
Dynamo
Bro there is no increase after the simulation. That’s why im asking. You dont need to send me the same msg
Noé
?
Semicolon
bro wtf with emoticon in this server, you should check rn tf?
Eminent
yep i am talking about usualx, apy is not reflected to daily income, it is based on the assumption that u accumulated for a whole year and the average amount daily, however when at the beginning, what u 10k usd put in usualx will get 80u daily
621936
1800%
Noé
You already see it. Please read # 🤖ㆍtroubleshooting
They are not. See previous messages starting from here: https://discord.com/channels/1106588534871179280/1107144153076347022/1319648035432824863Dynamo
I dont understand, sorry. When will I see the increase in USUALx tokens?
testnaddyo
12/20/2024 at 07:56:10 ESThhoo
621936
In every project ppl want to be millionaire in 1 day or in a week this is long term . If u stake here now congrats u r so early . Apy and Apr will down more now enjoy big portion of profit and don't look for a day or 2 day staking reward
tomaszron
what is the yearly % on usualx for today then?
Noé
Already answered you 3421341 times, if you keep fudding like that you'll be muted
My USUALx tokens are not still increased at all? Its actually even less now because of the %10 penalty.Lucky Boy
See this kind of thing if we dont see profit no motivation
My USUALx tokens are not still increased at all? Its actually even less now because of the %10 penalty.Noé
They are not. See previous messages starting from here: https://discord.com/channels/1106588534871179280/1107144153076347022/1319648035432824863
Dynamo
Yesterday’s rewards are reflected in the website now or should we still wait?
Noé
We shipped in under a month: - The checker - The airdrop, - Many integrations - The v1 with rewards - Staking - Ethena and BlackRock's BUIDL partnership Please, I beg you, give us a bit of time to improve some UI aspects before running here
this is wrong, ig u mixed apr and apy ,currently the apy is 1797% apr is 300%，which means you will get 82u pre 10000u u put daily621936
Am talking about staking xusual not usd0+
# 🤖ㆍtroubleshooting
> 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 view 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.Dynamo
My USUALx tokens are not still increased at all? Its actually even less now because of the %10 penalty.
JazzySt
# 🌎ㆍlanguage-select please
Eminent
this is wrong, ig u mixed apr and apy ,currently the apy is 1797% apr is 300%，which means you will get 82u pre 10000u u put daily
Lucky Boy
My plan for this is to stake for 2 years but i got discourage because gains are not visual
621936
Good . It's still new project let dev take couple days and sure it will sort out
Just-Moon
How many days locking the tokens?
Lucky Boy
I am staking OM for 1 year now but you can see gains transparently
JazzySt
My eyes cramped
Noé
# 🤖ㆍtroubleshooting > 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 view 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.
Dynamo
I staked 16k USUAL tokens. Why did I receive only ~150 then? The APY is wrong in the website?
621936
Stake is for long term . If u just stake for 24 hour and unstake them only us who stake will get ur usual free . It's long term .
Lucky Boy
Thank yoy
JazzySt
It is variable
Noé
I can't see in the future unfortunately
That is my argument you have to put some indicator like that so people become happy to see the gainsNoé
We're working on that, already said it
AkramBENNANI
how much wiII it become Iater ?
Noé
USUAL staking (USUALx) earns reward every block
Lucky Boy
That is my argument you have to put some indicator like that so people become happy to see the gains
Dynamo
When will I receive the first rewards from USUAL staking?
Noé
> It’s normal. USUALx represents your share in the staking pool, not the nominal number of tokens. The value of your USUAL in dollars remains unchanged, as USUALx functions like an LP token, showing your stake proportion.
Lucky Boy
Then put something like this in the app so people will be guided corrclty
JazzySt
Find me one investment that pays out instantly daily 6% or there about
Noé
APY changes live
AkramBENNANI
does the apy change for us as weII or we get the apy when we bought
Lucky Boy
I put 1454 and receive only 1300 something
Noé
false
here you go
Lucky Boy
1454
Noé
I'm asking for the amount you originally staked, in $USUAL
621936
Divid %on 365 . It will give u per day then x to 1000k
Lucky Boy
@Noé here screenshot
I dont know guys but the common man like me if we dont see gains outright it doesnt feel correctNoé
Mate, you're complaining for the last 15 minutes and I'm asking for the details so I can prove to you that it's false. Either you send those details, either to stop fudding for nothing.
Lucky Boy
Yes something of a gain vs fee
621936
In coming day hope dev put an small screen to show us how much we get from stake cuz many ppl here keep coming asking same question
Lucky Boy
I dont know guys but the common man like me if we dont see gains outright it doesnt feel correct
tomaszron
so what is the daily earning now when i stake 1000 usualx, whats the % for today
Mava (AI Support)
When you convert USUAL to USUALx, your rewards accrue and auto-compound. You can see them when you try to unstake. They do not show up under 'Pending Rewards', unlike USD0++ rewards. To view your rewards, simulate an unstake: the withdrawal amount will include your rewards (minus a 10% unstaking fee).
Mava AI BetaNoé
# 🤖ㆍtroubleshooting
AkramBENNANI
i converted my usuaI to usuaIx , where can i see the money and rewards pIease
Noé
I'm waiting for the original amount you staked in $USUAL
Mava (AI Support)
The exact amount you can earn from staking 1000 USUALx for 6 months depends on several factors, including the current APY (Annual Percentage Yield), the proportion of USUAL staked in the system, and any changes in the distribution of rewards over time. USUALx rewards are calculated at each block and updated daily on the UI. Additionally, 10% of all USUAL emissions are allocated to USUALx holders, and 33.33% of system fees flow directly to stakers. Therefore, your earnings will be influenced by these factors and the overall participation in the staking pool. References: 1
Mava AI BetaLucky Boy
Its like trying to row a boat buy the current is going against you
tomaszron
how much can u get for staking 1000 usualx for 6 months from now
Noé
in $USUAL
Noé
How much do you staked originally
Lucky Boy
Here no gains at all all is absorbed by fee the common people will be discouraged by this
Noé
There is, I can prove it to you if you give me the amount of USUAL you originally staked and a screenshot of what you can unstake now.
Lucky Boy
The fee is growing the same rate as the gains
Noé
Read # 🤖ㆍtroubleshooting
Lucky Boy
I agree but when unstaking all there should be some profit in there but i dont see any
hibaby
Why can't I see the benefits?
Noé
# 🤖ㆍtroubleshooting
Yeah bit it doesnt feel gaining overtime the fee is just growing at the same rate as the gains.. it doesnt sit right to most peopleNoé
The fee is applied on the amount you unstake, so obviously, if you earn more rewards, the fee will be higher if you want to unstake the whole position, because rewards are added to your total position and compounds. But over time, thoses rewards outpace the fee.
Lucky Boy
This doesnt motivate people to hold cause they feel like bot gaining anything
Bro im staking OM for 1 year now but easily i can see the gains
Lucky Boy
I know but when im staking im for 1 year now the gains are easily reflected here i dont see gains because the unstake fee grows at same rate with profit
Yeah bit it doesnt feel gaining overtime the fee is just growing at the same rate as the gains.. it doesnt sit right to most people
maxe.agency
Patience mate. Staking is mainly for long term holders
Lucky Boy
Its not that but i dont see any gains or profit
JazzySt
The point of staking is holding it until the profit is worth it
Why do you want to stake and unstake daily?
Ive been staking for almost 1 day but i dont feel im gaining anything im even losing because of the unstake fee? can someone please give clarity over this im suppose to have gains right? You know this will discourage people right?Mava (AI Support)
When you stake USUAL into USUALx, you essentially receive a 'share' of the staking rewards. Over time, this share will allow you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. However, there is a 10% fee on the unstaked amount, which is redistributed to those who remain staking. This system is designed to reward long-term holders. If you unstake too soon, the fee might outweigh the rewards you've accumulated in a short period. References: 1
Mava AI BetaLucky Boy
Ive been staking for almost 1 day but i dont feel im gaining anything im even losing because of the unstake fee? can someone please give clarity over this im suppose to have gains right? You know this will discourage people right?
JazzySt
It’s finished
famousfxck
Nowhere just calculate it rn, will be available devs are working overtime
famousfxck
Nah could never be
CLONE
When galxe airdrop
Noé
# 🤖ㆍtroubleshooting
Dika| Solana Wukong⌘
I question that too
Nafish
Then where its situated?
Dika| Solana Wukong⌘
I haven't received any rewards for 24 hours
Louis
Can anyone do this
famousfxck
Take that amount minus the amount you see when you unstake
So you need to calculate: deposit amount * 0.9
famousfxck
Just calculate it by yourself. 10% is unstake fee
Dika| Solana Wukong⌘
Yes there is none and it doesn't work so is there a solution?
Louis
Daily USUAL = (20,000 YT * 20,000% APY) / 365 days. How can i calcualte this.
Just-Moon
Metamask?
famousfxck
Swap -> Stake on dashboard
famousfxck
# 🔗ㆍofficial-links
Just-Moon
How can I stake it?
Sir may I know how to calculate the my USUAL per day, if I deposited 1k USD0 on pendle which gives 20k YT . If I assume 20k APY shown on Usual website.Mava (AI Support)
To calculate your daily USUAL earnings, you need to consider the APY and your YT holdings. If you have 20k YT and the APY is 20k%, your daily earnings in USUAL can be calculated using the formula: Daily USUAL = (20,000 YT * 20,000% APY) / 365 days. This will give you an approximate daily earning in USUAL tokens.
Mava AI Betafamousfxck
Not visible yet. You need to calculate it
Louis
Sir may I know how to calculate the my USUAL per day, if I deposited 1k USD0 on pendle which gives 20k YT . If I assume 20k APY shown on Usual website.
famousfxck
USUALx rewards is not on Earn page
Dika| Solana Wukong⌘
Why isn't my reward working? I've been waiting a whole day
famousfxck
Printing money with this project, faithful ones being blessed 🙏
Alhamdullilah to Usual
bendanny28
Why green not red? You’re become un usual 🔥
Usual
Dika| Solana Wukong⌘
Hello sir I want to ask... why hasn't the reward worked for more than a day?
R
For staking rewards
R
Is this also relevant for Usualx rewards?
Hi guys
What does this mean? Does this mean that for the first 7 days after depositing I don't get any APY?
"USD0++ and liquidity rewards have a 7-day verification period before distributions begin. After that, rewards are distributed daily and can be claimed from your account."Mava (AI Support)
The 7-day verification period means that rewards from USD0++ and liquidity rewards are not distributed during the first 7 days after depositing. After this period, rewards are distributed daily and can be claimed from your account. This does not necessarily mean you don't earn APY during this time, but rather that you cannot claim the rewards until after the 7-day period.
Mava AI BetaR
Hi guys What does this mean? Does this mean that for the first 7 days after depositing I don't get any APY? "USD0++ and liquidity rewards have a 7-day verification period before distributions begin. After that, rewards are distributed daily and can be claimed from your account."
Mr. Lin
Hope this helps @nihilistic button clicker
Mr. Lin
If users void redemption via 3.3.1 and 3.3.2, the team does have the right to activate 3.3.3. This right does not imply the team is liquidating the underlying collateral positions. Instead, the team is unlocking USD0 locked behind USD0++. This transaction is completely onchain and, thus, independent from the collateral, which is actually held directly behind USD0 and not USD0++. Note the following wording on page 8 regarding 3.3.3 (Parity Arbitrage Mechanism), "Under this mechanism, the DAO retains the authority to unlock the underlying LDT (USD0) from the LST (USD0++) prior to its maturity, provided such action is approved through DAO governance." With regards to collateral, the team never directly interacts with the collateral as this is held in a DAO Collateral Smart Contract. All collateral is stored in tokenized, liquid treasury bills as defined by eligible collateral in 2.2.1. Specifically, our tokenizers invest into reverse repos which have next day maturity (little impact from immediate rate hikes). However, we define a duration threshold for all collateral held by tokenizers at 0.33 yrs. We did an analysis on worst case impact in 8.1 in which, if all collateral was at a 0.33 duration, we could expect the collateral to lose a maximum of 0.33%. This is covered by our insurance fund which uses treasury to overcollateralize and protect the USD0 peg from negative collateral situations as you have pointed out.
Klinta
Don’t forget to enjoy life too
JazzySt
There excellent
LOST
12/20/2024 at 07:14:10 ESTWe are gonna have polygon sponsor the shop
JazzySt
Build yourself up as well
LOST
12/20/2024 at 07:13:56 ESTAnd the money is for a company me and my buddies are making
Klinta
Mashalla
Good for you. Don’t blow it all on girls and tables when you turn 18. Speaking from experience 😎LOST
12/20/2024 at 07:13:38 ESTNah im halal ill give all that for charity
Klinta
Good for you. Don’t blow it all on girls and tables when you turn 18. Speaking from experience 😎
JazzySt
Times have changed
Hek I was climbing trees and going to summer camp at 15 😭🤣
LOST
12/20/2024 at 07:12:46 ESTmy parents don’t mind I lost 100 dollars in a scam and my parents were like ok I’ll give another untill you learn your lesson not to do crypto
JazzySt
That’s amazing
I’m genuinely interested in knowing
JazzySt
Can 15 year olds trade and buy crypto without parents consent? @Noé
Just-Moon
Why there's no guide for staking??!!
Lucaswestbrook | Keep Bored
@Noé
What is real APR from stake Usual?
Noé
# 🤖ㆍtroubleshooting
Just-Moon
Which wallet is best for staking USUAL?
Lucaswestbrook | Keep Bored
What is real APR from stake Usual?
boo
You how long
@Airis me too And I've been staking for over 24 hours now
LOST
12/20/2024 at 07:01:47 ESTBut usual is doing good
BTC has dumped all the way to 92,000 k
endofline
@Noé Hi, 24h cycle is over but no distribution for YT Pendle. Could you explain?
621936
Where u live
LOST
12/20/2024 at 06:58:25 ESTNice
621936
Me too so ??
LOST
12/20/2024 at 06:58:03 ESTi live in a Muslim country
621936
If u looking for halal or no . Most crypto are not halal cuz u deal with bank to withdraw and all bank are not halal 😅😅 so asking if halal or not is wrong question
LOST
12/20/2024 at 06:56:37 ESTDude speak ENGLISH
621936
Ya Habibi kl crypto mo halal lol 🤣🤣🤣 ho6 Deen 3 jnb 🤣🤣🤣
Geri 2BleA
lol, and I thought that usual would go down 😂
Eminent
and this amount is not consist with the daily reward you get on the apy page and you can estimate it on you own with apr
LOST
12/20/2024 at 06:55:26 ESTand also I’m 15
LOST
12/20/2024 at 06:55:14 ESTWhat’s USUALx?
qiwi
we're speedrunning the adoption curve
Eminent
usualx earnings won't show up, to check u need to go to restake page and check how much u can actually get and u will find it accumulating all the time
Noé
afaik USD0++ isn't halal but USUALx should be
LOST
12/20/2024 at 06:52:19 EST?
famousfxck
Or well they earn some money on treasury bills which is haram… 😂
LOST
12/20/2024 at 06:51:56 ESTThat’s called staking its basically rewards but does that make the entire usual ecosystem halal?
Noé
t-bills yield isn't halal afaik
famousfxck
I mean you get some interest but that is because the project makes profit. There are no people borrowing.
Noé
# 🤖ㆍtroubleshooting
famousfxck
Because there isn’t any interest involved. No lending
Mava (AI Support)
You have to wait for the end of the current cycle to see your rewards. Each cycle is 24 hours. If you still can't see your rewards, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI Betaboo
My uaual has been staked for 24 hours, why can't I see the reward
famousfxck
Hey wslm, yes it does
Mava (AI Support)
USD0++ is a financial product that involves earning yields, which are linked to the interest rate of the underlying Real-World Assets (RWAs) like U.S. Treasury bills. The earnings from USD0 are transferred to USD0++, meaning only those who hold or invest in USD0++ will receive returns. Since it involves interest, it may not be considered halal according to Islamic finance principles, which prohibit earning interest (riba).
Mava AI Beta
Phoenix
Do you know how tether does it?
Phoenix
Care to explain?
Mava (AI Support)
The allocation of $USUAL emissions to Curve pools is part of the protocol's distribution mechanism. However, the specific duration for which these emissions will continue is not explicitly mentioned in the available documentation. The distribution allocations can be modified by governance vote, which means the community has a say in how long these emissions will continue.
Mava AI Betafamousfxck
We are in it for the long run
Phoenix
How long will $usual emissions keep being allocated to curve pools
famousfxck
Tether makes BILLIONS profit every quarter and gives their holders absolute nothing
I love how people don’t understand how APY is so high
Phoenix
For how long will this keep happening?
Mava (AI Support)
The USD0++ APY is high because a dedicated part of the $USUAL emission is allocated to rewarding the Curve pools. This results in a high yield since only 12% of the total TVL is being LP'd on Curve, while they shared 20% of the last cycle's rewards.
Mava AI BetaPhoenix
How is USD0++ APY so high?
it is said that usd0+ takes the 7th day to claim the reward. So the income starts on the 7th day or does it start after staking?Shinya~
it is said that usd0+ takes the 7th day to claim the reward. So the income starts on the 7th day or does it start after staking?
Phoenix
How is a stablecoin’s APR so high?
boo
Does this interface represent a successful staking
jmyr
12/20/2024 at 06:39:35 ESThi is the unstaking 10% fee from the total deposited? or just the rewards: "To view your rewards, simulate an unstake: the withdrawal amount will include your rewards (minus a 10% unstaking fee).
DrUky
Why? What's the undelrying mechanism?
boo
0.92
DrUky
1 usual = 1 usualX ?
Mava (AI Support)
Yes, on the first day of pledging, rewards may not be displayed immediately on the page. For USUALx, rewards reflect live when you try to unstake, and for USD0++, rewards are distributed at the end of each 24-hour cycle under 'Pending Rewards'.
Mava AI Beta
CryptoMDz
Where's the detail ?
boo
On the first day of pledging, there will be rewards, but the page will not display them, right？
CryptoMDz
Galxe drop will take too much time?
i think we need a dashboard showing how much usualx do we have and the exact earnings, the apy is not directly showing how much we get daily
ericscott123
Mava must drink a sht ton of coffee, she is so fast, cranks it out.
boo
If I pledge usual, do I have to wait 7 days to get the reward?
ericscott123
what does "may" mean?
oki
some people take profit
ericscott123
if you own USD0xx in a wallet on say metamask, do you still accrue rewards or only if it staked on the usual page?
boo
I'm asking about staking usual, what are the rewards？
Does it mean that the income will be available after 7 days, or will it be available today and can only be seen after 7 days?Mava (AI Support)
The income from USD0++ is generated daily, but you can only claim it after a 7-day period. This means that while the income is technically available today, you will only be able to access it after 7 days.
Mava AI BetaDrUky
Reward are on a 24h cycle basis, and claim each 7 days?
boo
Does it mean that the income will be available after 7 days, or will it be available today and can only be seen after 7 days?
boo
How long will it take to see the rewards, Big brother
@Tenma mee too
Haha I believe they already are discussing how to regulate it.
They will for sure, but it will be slow. This is a sensitive matter, because there is no centralized company, as in legaly in charge and responsible for the protocol.
So who will have to be in conformity ? The users ? the devs ? the usualx holders ?
And who will be prosecuted ?Geri 2BleA
In my country, politicians and institutions are so useless that I don't think they would be capable of regulating something like this.
Haha I believe they already are discussing how to regulate it.
They will for sure, but it will be slow. This is a sensitive matter, because there is no centralized company, as in legaly in charge and responsible for the protocol.
So who will have to be in conformity ? The users ? the devs ? the usualx holders ?
And who will be prosecuted ?Geri 2BleA
which is why they are interested if they act quickly.
Geri 2BleA
I mean a downloadable app without having to connect to the browser. @Noé
Are you planning to release an app for mobile or PC?
Tenma
When is next cycle?
I staked 20 hours ago, why still nothing? May i plz ask what happened? Or when can I see the reward?Noé
Hi, please check # 🤖ㆍtroubleshooting
Lemoussu
Haha I believe they already are discussing how to regulate it. They will for sure, but it will be slow. This is a sensitive matter, because there is no centralized company, as in legaly in charge and responsible for the protocol. So who will have to be in conformity ? The users ? the devs ? the usualx holders ? And who will be prosecuted ?
boo
Thank you
Kosmo
1 rule bro if someone DM u is always a scam
Noé
that's a scam, block him
Semicolon
just block him pls
I'm a newbie and don't know much, but he took the initiative to talk to me about this and I almost got cheated.
Geri 2BleA
especially here in Spain
The EU regulation, MICA, does not take decentralized finance into account in its current state. It will evolve in the future, but this is a difficult subject since you're dealing with autonomous systems.Geri 2BleA
I also believe that they will end up regulating
The EU regulation, MICA, does not take decentralized finance into account in its current state. It will evolve in the future, but this is a difficult subject since you're dealing with autonomous systems.Geri 2BleA
Let's not give ideas to the politicians in Brussels😂
Mava (AI Support)
The yield for USUAL staked can be very high, as USUALx holders receive 10% of all new USUAL emissions. If a small percentage of the supply is staked, the rewards for those stakers can be substantial, leading to high APY figures.
Mava AI BetaDrUky
the yield for USUAL staked is 2k%?
boo
I give me the link and let him do something
Semicolon
scam sir dont interact with him
boo
Is this the administrator?
Noé
thx chief
Usual
slay030218 has been banned
Reason: Unspecified
usual -> usualx staking is insane i got in @ %5k APY but idk if the paying is gonna be the last % of the 24h APY % or like an aggregate average?~
Kosmo
check my meme guys 🙂
Mava (AI Support)
The cycle duration is typically 24 hours, but sometimes it may vary due to network conditions or other factors affecting the blockchain. This can result in a cycle appearing longer than 24 hours.
Mava AI Beta
0x_mate
why is todays cycle end not 24 hours after yesterdays? its like 27 hour cycle
Lemoussu
The EU regulation, MICA, does not take decentralized finance into account in its current state. It will evolve in the future, but this is a difficult subject since you're dealing with autonomous systems.
why doesn't my staking reward appear, it's been more than 24 hours and it's still 0 and the cycle time doesn't appear, I've deleted cache and cookiesbbbbb
why doesn't my staking reward appear, it's been more than 24 hours and it's still 0 and the cycle time doesn't appear, I've deleted cache and cookies
I believe (could be wrong) the amount that are presented as a daily reward is calculated on the current APY yearly. How ever, this changes based on the amount staked .
Fatih
There was a 2 option daily and yearly. daily was 1000 something and yearly was 3000000 something
Geri 2BleA
wow
@Noé , if you are French you will know that EU regulations can be very strong regarding cryptocurrencies. This is the main fear I have regarding the Usual project.
Geri 2BleA
Have you taken that aspect into account?
@Noé , if you are French you will know that EU regulations can be very strong regarding cryptocurrencies. This is the main fear I have regarding the Usual project.
as a EU citizen, would we be able to leverage it legally if it doesn't apply to MiCA right now? (if it opens in exchanges)Mava (AI Support)
Yes, as a EU citizen, you would be able to leverage USD0 legally even if it doesn't currently fall under MiCA regulations. USD0 is designed to comply with US and EU regulations, making it a reliable alternative to other stablecoins. However, it's important to stay updated on any regulatory changes that might affect its status in the future. Reference: 1
Mava AI BetaOxygenG
as a EU citizen, would we be able to leverage it legally if it doesn't apply to MiCA right now? (if it opens in exchanges)
OxygenG
is USD0 MiCA regulated?
Geri 2BleA
ok, thanks
Noé
It's the USUALx supply sir
Geri 2BleA
where can we see the number of usualX stakers?
Usual's website says the following: "USD0++ and liquidity rewards have a 7-day verification period before distributions begin. After that, rewards are distributed daily and can be claimed from your account."
What would that mean?Mava (AI Support)
This means that for USD0++ and liquidity rewards, there is an initial 7-day period during which rewards are verified before they start being distributed. After this verification period, rewards are distributed daily and can be claimed from your account.
Mava AI BetaGeri 2BleA
Usual's website says the following: "USD0++ and liquidity rewards have a 7-day verification period before distributions begin. After that, rewards are distributed daily and can be claimed from your account." What would that mean?
mugiwaranocrypto
where can we see the number of usualX stakers?
Mava (AI Support)
When you stake USUAL into USUALx, you receive a share of the staking rewards. Over time, this share allows you to withdraw more USUAL when unstaking, reflecting the accumulated rewards.
Mava AI BetaGeri 2BleA
and when will the stake offer me usual tokens?
Mava (AI Support)
No, USUAL tokens can be staked or unstaked at any time without a mandatory lock-up period. However, there might be a fee imposed by the DAO for unstaking. Reference: 1
Mava AI BetaGeri 2BleA
Does it have to take 24 hours for usualx to give me usual tokens?
desnake
And also seems that yield treasury contract isn't included in SC list in docs
Noé
# 🧐ㆍspeculation guys please
RoyalOGkush
I think today we will be back on 1,4$
famousfxck
Damn
Nanas
The market is full red
Kosmo
nothing bro take few drink right now 😭
Nanas
Correction
So when I withdraw my usual from Binance to rabby wallet, I have tu send my USUAL on my Ethereum address?RoyalOGkush
Wtf is Happening?😭
So when I withdraw my usual from Binance to rabby wallet, I have tu send my USUAL on my Ethereum address?Nanas
So when I withdraw my usual from Binance to rabby wallet, I have tu send my USUAL on my Ethereum address?
imemyself 🤡
from your website: Real Ownership: USUAL represents ownership of 100% of the protocol’s revenue. It is a governance token backed by real cash flows.
I need some simple example
$USUAL's emission is tied to the protocol's revenues and is also disinflationary. It tracks growth.imemyself 🤡
It's hard to understand for me
Noé
https://docs.usual.money/resources-and-ecosystem/smart-contracts
Noé
$USUAL's emission is tied to the protocol's revenues and is also disinflationary. It tracks growth.
Nanas
What the contract of USUAL on ERC20? Cause on rabby wallet I can’t find it
imemyself 🤡
what you mean?
Noé
Yes. Or you can just hold it to track the protocol's growth over the long-term.
You don't get more USUAL tokens if you just hold USUAL, you need to stake them into USUALx for thatimemyself 🤡
So the only way for Usual is to stake it to USUALX or sell it for USD0++?
Kosmo
withdraw on u wallet, erc20 adresse
Mava (AI Support)
To change your USUAL to USUALx, you will first need to withdraw your USUAL from Binance to a digital wallet that supports Ethereum. Once your USUAL is in your wallet, you can stake it on the Usual app to convert it to USUALx.
Mava AI BetaNanas
How can I change my USUAL to USUALx when my USUAL are on my Binance account?
Noé
You don't get more USUAL tokens if you just hold USUAL, you need to stake them into USUALx for that
Kosmo
@Noé RewardPoints = claimable Usual and RawRewardPoints = pending reward ?
desnake
And then half of 66% treasury earnings goes to USUAL* holders?
I try to understand the logic of holding just USUAL token
I Have USD0++, I get USUAL toket, what benefit for holding USUAL?Mava (AI Support)
Holding the USUAL token provides several benefits. Firstly, it tracks the protocol's growth since its issuance is disinflationary and revenue-based. Additionally, once staking is enabled, holding USUAL gives you the right to 10% of all new USUAL minted. This incentivizes long-term holding and aligns with the protocol's growth.
Mava AI Betaimemyself 🤡
I try to understand the logic of holding just USUAL token I Have USD0++, I get USUAL toket, what benefit for holding USUAL?
Hey
Do I get right that USUALx withdraw fee is split between burning USUAL (~34%) and treasury earnings (66%)?desnake
Hey Do I get right that USUALx withdraw fee is split between burning USUAL (~34%) and treasury earnings (66%)?
imemyself 🤡
I am talking about USUAL, not USUALX
Yosh
is there a publically available list of other endpoints? apy etc?
Noé
No, to receive more rewards through your $USUAL, you need to stake them into USUALx
imemyself 🤡
For holding usual I will recieve more usual?
Noé
@imemyself 🤡 the bot answered you right, idk why you just put thumbs down instantly
can someone explain me about protocol’s revenue for holding USUAL? when and how I will get it? In USD0 or what?Mava (AI Support)
The revenue for holding $USUAL is based on the protocol's earnings. As a holder, you benefit from the growth of Usual and receive rewards through $USUAL token emissions. The rewards are not directly in USD0 but are tied to the performance and growth of the protocol.
Mava AI Betaimemyself 🤡
can someone explain me about protocol’s revenue for holding USUAL? when and how I will get it? In USD0 or what?
theDealer14
surely, 2000% going forward is not substainable
i mean an APY for staking USUAL
Mava (AI Support)
The APY for USUAL has been above 43% for native USD0++. However, the APY can fluctuate based on various factors such as the minting rate and the price of $USUAL. It's important to check the live APY on the dApp for the most current rates.
Mava AI BetaKlinta
I believe (could be wrong) the amount that are presented as a daily reward is calculated on the current APY yearly. How ever, this changes based on the amount staked .
theDealer14
what is a realistic APY on USUAL going forward?
Phoenix
what are pills ?
Kosmo
usdo++
@Noé did u have a way to check pending reward and claim reward from of adresse, my issue steal her and i just know to know witch number is true on my dashboardNoé
Pending rewards from USD0++ positions or USUALx positions?
Fatih
I really dont understand this system. Very very interesting
Kosmo
@Noé did u have a way to check pending reward and claim reward from of adresse, my issue steal her and i just know to know witch number is true on my dashboard
If USUAL is emitted when revenue is generated, doesn't that make the supply of USUAL go up the more revenue the protocol has ?Mava (AI Support)
The emission of USUAL is tied to the protocol's revenue, but it is disinflationary. This means that as the Total Value Locked (TVL) and revenue grow, fewer USUAL tokens are minted in exchange for the same amount of revenue. This mechanism ensures that the supply of USUAL does not increase proportionally with revenue, but rather at a decreasing rate, enhancing the value per token.
Mava AI BetaPhoenix
If USUAL is emitted when revenue is generated, doesn't that make the supply of USUAL go up the more revenue the protocol has ?
ericscott123
do you prefer to lock USD0++ on pendle or just swap to USD0++ on usual ?
Noé
USD0++ is freely redeemable on the primary market until we implement the Early Redeem feature, probably in Q1 or later. Even after that, you'll still be able to swap it on DEXes, redeem it through the Early Unstaking feature (by sacrificing $USUAL) or at a floor price. But again, this is not the case right now and there is no ETA on all that.
Fatih
Yearly amount was mor than this
Fatih
No. It siys 1000 for a day
Klinta
Wym, B/E is approx 10 days. 1000 is calculated based on a yearly compound interest
Mava (AI Support)
Yes, when you unstake USUALx, you will receive your accumulated rewards. The rewards are reflected in the increased amount of USUAL you can withdraw compared to what you initially staked.
Mava AI BetaFatih
When I unstake Will I get rewards or not ? Just answer this questin pls mate ?
Fatih
I dont understand anything
76ixer
@Noé until when the USD0++ redeem mechanism will be available?
JazzySt
I’m out for a bit bbl
Of course if you invested more you won’t be getting the same as someone investing less than you
It said %22000 apy yesterday when I staked 2400 USUAL. And rewards equal to the 1000 but ı can not see accumlated amountNoé
# 🤖ㆍtroubleshooting
As explained: when you stake USUAL into USUALx you get basically a "share" of the staking rewards. Over time, this share will be able to withdraw more USUAL when unstaking, reflecting the accumulated rewards.Fatih
It said %22000 apy yesterday when I staked 2400 USUAL. And rewards equal to the 1000 but ı can not see accumlated amount
Hektor X
thanks
JazzySt
Yes
As explained: when you stake USUAL into USUALx you get basically a "share" of the staking rewards. Over time, this share will be able to withdraw more USUAL when unstaking, reflecting the accumulated rewards.Hektor X
the share to be received then depends on the capital invested, correct?
As explained: when you stake USUAL into USUALx you get basically a "share" of the staking rewards. Over time, this share will be able to withdraw more USUAL when unstaking, reflecting the accumulated rewards.
crestvast
okay i get that, thanks
As explained: when you stake USUAL into USUALx you get basically a "share" of the staking rewards. Over time, this share will be able to withdraw more USUAL when unstaking, reflecting the accumulated rewards.Phoenix
yeah but what can I do with Usual besides you know... gamble on price going up/down ?
so i wouldn't get any additional usual token reward, just my staking value increases overtime?Noé
As explained: when you stake USUAL into USUALx you get basically a "share" of the staking rewards. Over time, this share will be able to withdraw more USUAL when unstaking, reflecting the accumulated rewards.
ponchomaz
wow market not looking good right now
Phoenix
what's the point of Usual then ?
Nando
Hi everyone 🙂
crestvast
so i wouldn't get any additional usual token reward, just my staking value increases overtime?
For integrations that are not fully integrated, users don't individually accrue rewards. This means that it's actually the integration's smart contracts (holding users' USD0++) who accumulates those rewards.
They can then redistribute, or not, the rewards to their users. This is the case for most of the integrations that are not fully supported, but bear in mind that it can actually vary depending on each integration architecture.
As a safety and for clarity, on the dashboard, we actually don't indicate rewards for most of the integrations that are not fully supported.ponchomaz
thank you for the detailed response
Phoenix
So basically staking, you get rewards and have governance rights
JazzySt
Right @Noé?
JazzySt
Usual token no
Mava (AI Support)
Yes, USUALx is more than just a governance token. It represents staked USUAL and provides holders with additional benefits, including participation in reward distributions and governance rights within the protocol. USUALx holders participate in the daily distribution of USUAL, which is allocated as 10% of the total USUAL emitted by the protocol. This mechanism rewards long-term engagement within the ecosystem. Reference: 1
Mava AI BetaPhoenix
Is there more to UsualX besides being a governance token ?
JazzySt
Then my friend you’re in the wrong place lol
Ligali Azeez Oriyomi
I don't understand anything
What's going on here
Noé
# 🤖ㆍtroubleshooting
crestvast
do i need to wait 7 days to start collecting reward even if i stake usual?
Noé
For integrations that are not fully integrated, users don't individually accrue rewards. This means that it's actually the integration's smart contracts (holding users' USD0++) who accumulates those rewards. They can then redistribute, or not, the rewards to their users. This is the case for most of the integrations that are not fully supported, but bear in mind that it can actually vary depending on each integration architecture. As a safety and for clarity, on the dashboard, we actually don't indicate rewards for most of the integrations that are not fully supported.
You can see your rewards directly on your dApp dashboard. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle under "Pending Rewards". For USUALx, rewards reflect live when you try to unstake.Fatih
You mean I need to unstake my USUALX for see rewards right ?
cepdy4ek
And for first 7 days my rewards will be count retrospectively?
Hello, if I just deposit to Usual pool YT USD0++ - my rewards will be shown after 7 days, right?cepdy4ek
Hello, if I just deposit to Usual pool YT USD0++ - my rewards will be shown after 7 days, right?
famousfxck
If Usual drops to 0.5$ I will earn 100% ROI
In 2 months time
I would’ve earned 200% ROI actually
No wait if USUAL stays at 1$
Proportion
Do you update it sometimes or correct it?
famousfxck
Yes
ponchomaz
if you hold from now on?
i invest usual to usualx stake for 24 hours now, but my reward has not come up yet. any help?Mava (AI Support)
USUALx acts like a vault share, meaning the increasing rewards reflect live when you try to unstake. They are not shown under 'Pending Rewards'. To see your rewards, you should simulate to unstake, which will show you how much you can withdraw (minus the 10% unstaking fee). Your vault share is 'worth' more now.
Mava AI Betai invest usual to usualx stake for 24 hours now, but my reward has not come up yet. any help?Usual
crestvast
i invest usual to usualx stake for 24 hours now, but my reward has not come up yet. any help?
famousfxck
I would still have earned 100% ROI after 3 months
Even if USD0++ APY goes down to 50%, and Pendle PT down to 25%
whats the risk of holding USD0++ ?
i read that usd0++ has a 4 year period to redeem. is this true? if so why doesnt it trade as a big discountMava (AI Support)
Holding USD0++ involves risks primarily linked to the collateral's value, including interest rate, foreign exchange, credit, and third-party risks. Usual has risk mitigation strategies in place to manage these risks. Regarding the redemption period, USD0++ acts like a savings account for Real-World Assets with a 4-year lock-up period, meaning it is designed for long-term holding. References: 1,2
Mava AI Betafamousfxck
Nope
petea5454
whats the risk of holding USD0++ ? i read that usd0++ has a 4 year period to redeem. is this true? if so why doesnt it trade as a big discount
ponchomaz
too late
ponchomaz
In case of Corn, Karak,etc who gets the USUAL?
Noé
Yes
famousfxck
Jfc I just calculated how much money YT earns
ponchomaz
Every USD0++ earns USUAL?
Noé
"no mate, you're wrong"
lmfao Mava being almost rude
Mava (AI Support)
No, it's more complicated than that. The amount of $USUAL you receive depends on various factors, including the minting rate and other underlying factors. It's not a straightforward calculation.
Mava AI Betafamousfxck
@Mava (AI Support) so with 10,000 USD0++ I would receive 8,700 $ USUAL in one whole year?
@Mava (AI Support) is the APY for USD0++ on the website dashboard only including the rewards we would get from $USUAL?famousfxck
@Mava (AI Support) is the APY for USD0++ on the website dashboard only including the rewards we would get from $USUAL?
You can see your rewards directly on your dApp dashboard. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle under "Pending Rewards". For USUALx, rewards reflect live when you try to unstake.
SNUFF
must hold USD0 in wallet?
JazzySt
The brains behind this project are geniuses 🤩🤩🤩
Pendle YT's earn the USD0++ yield, just like normal USD0++, in $USUAL.
Basically, in terms of yield, 1 YT = 1 USD0++.famousfxck
Oh damn lol
Noé
You can see your rewards directly on your dApp dashboard. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle under "Pending Rewards". For USUALx, rewards reflect live when you try to unstake.
Noé
Pendle YT's earn the USD0++ yield, just like normal USD0++, in $USUAL. Basically, in terms of yield, 1 YT = 1 USD0++.
SNUFF
how to see my reward
famousfxck
@Mava (AI Support) does Pendle YT earn USD0++ and USUAL?
Hello, I just saw in the doc that the investors had USUAL which has particular characteristics.
Will these USUAL eventually become classic USUAL and is it possible to obtain them via a secondary market ?
THANKSMava (AI Support)
Yes, USUAL* is a separate token that will be listed on decentralized exchanges (DEXes) and possibly centralized exchanges (CEXes) as soon as it starts unlocking. This implies that it will be available on the secondary market.
Mava AI Beta
anedidena
Hello, I just saw in the doc that the investors had USUAL which has particular characteristics. Will these USUAL eventually become classic USUAL and is it possible to obtain them via a secondary market ? THANKS
76ixer
hey, until when is going to be possible to redeem USD0++ to USD0 ??
but the important thing is that the amount of usual that we can unstake will get more and more right?Kingston
but the usualx that we havewill stay the same?
AkramBENNANI
then this is so good i didnt know this , how did i not know this xd
but the important thing is that the amount of usual that we can unstake will get more and more right?so if i invest 1,000 in USUAL with a 2,193% APY, the potential return would be 21,930 usuaI in one year?Mava (AI Support)
Yes, if you invest 1,000 USUAL with a 2,193% APY, the potential return would be approximately 21,930 USUAL in one year, assuming the APY remains constant and the interest compounds annually.
Mava AI BetaKingston
but the important thing is that the amount of usual that we can unstake will get more and more right?
AkramBENNANI
so if i invest 1,000 in USUAL with a 2,193% APY, the potential return would be 21,930 usuaI in one year?
so we should check this everyday? and we shoud check the amount of usual that we can get when we unstake?JazzySt
People are now curious and interested in day to day when in fact this is better long term
so we should check this everyday? and we shoud check the amount of usual that we can get when we unstake?Noé
Well, the frequency at which you check everyday is up to you. We're going to make the UI clearer for USUALx rewards in the coming week.
so we should check this everyday? and we shoud check the amount of usual that we can get when we unstake?JazzySt
You don’t need to check daily
USUALx acts like a vault share: meaning, the increasing rewards reflect live when you try to unstake. They are not shown under "Pending Rewards", unlike USD0++ related rewards.
Basically, if you want to see them, you should simulate to unstake: this will show you how much you can withdraw (minus the 10% unstaking fee). So, basically, you can withdraw more now than before (your vault share is "worth" more).
As a simulation, you can check the initial deposited amount, minus 10%: this is how much you could withdraw at the beginning.
Then, now compare those two amounts: you can withdraw more now than before.Kingston
so we should check this everyday? and we shoud check the amount of usual that we can get when we unstake?
Noé
# 🌎ㆍlanguage-select
JazzySt
Annual percentage yield
邦联必胜
应该是还没开始算👀
Mava (AI Support)
APY stands for Annual Percentage Yield. It represents the real rate of return earned on an investment, taking into account the effect of compounding interest over a year. The percentage you see indicates how much you can expect to earn on your investment annually.
Mava AI BetaAkramBENNANI
one more question pIease ,what does apy mean ? i've seen some pourcentage apy
Guys i cant stimate pendle yt yield position for usual is worthy or not...please guid meNoé
# 📊ㆍusual-strategies
Guys i cant stimate pendle yt yield position for usual is worthy or not...please guid meJazzySt
I don’t do Pendle maybe someone will answer. But always know that eventually it adds up and becomes worthy if I’m not mistaken
samuel_b2810
Guys i cant stimate pendle yt yield position for usual is worthy or not...please guid me
langxpv
12/20/2024 at 04:15:59 EST@Noé ID 597943186416992267 this ppl dm me👀
JazzySt
Don’t accept DM from anyone also
Noé
also, I'm updating the # 🤖ㆍtroubleshooting and # ❓ㆍfaq
AkramBENNANI
ok thank you so much
JazzySt
I’m not a crypto woman and I’m old but readddd and ask here I promise you will understand
famousfxck
# 🔗ㆍofficial-links and # ❓ㆍfaq
JazzySt
Lots of scams please
JazzySt
Don’t accept DM
No DM allowed plz
famousfxck
@Noé ban ID scammer 1270090178375188561
AkramBENNANI
i wouId be thankfuI yes pIeas
langxpv
12/20/2024 at 04:13:08 ESTI think it's a bug. rewards and pending rewards do not showing
AkramBENNANI
even i red what the definition is i cant understand it cause i'm not a crypto guy
or what can they do
AkramBENNANI
i'm reaIIy not good in this i just started a week ago so i dont know , maybe getting some money Iater in the future from it and i'II keep investing and putting more money on it , so i dont know howw to choose
Mava (AI Support)
You can view the reserves backing USD0 through real-time transparency provided by each fund administrator. This ensures complete visibility into the reserves. As for USUALx, it is a transferable token representing staked USUAL, granting holders access to additional benefits, including participation in reward distributions and governance rights within the protocol. References: 1
Mava AI Betalangxpv
12/20/2024 at 04:11:52 ESTnot yet🥺
RaArΞs ⚓
so where do we see our reserves ? usualx i have is the same
Max bid inshallah:
- hold USD0++ Pendle-> get more USUAL
- stake USUALx -> get more USUAL
- hold USD0++ Curve -> get more USUAL
- hold YT Pendle -> get more USUALNanas
Every stake/hold are on erc20?
Mava (AI Support)
Yes, as the Total Value Locked (TVL) grows, the revenue grows, and less $USUAL are minted. This is because $USUAL is disinflationary and its emission is backed by the protocol's revenue. The increase in TVL results in each token having more underlying value, effectively reducing the amount of $USUAL minted per unit of revenue.
Mava AI Beta
MrPotato
12/20/2024 at 04:11:23 ESTThe more the TVL grows, the less USUAL will be minted and emitted?
theDealer14
did anyone receive rewards for staking usual yet?
famousfxck
Max bid inshallah: - hold USD0++ Pendle-> get more USUAL - stake USUALx -> get more USUAL - hold USD0++ Curve -> get more USUAL - hold YT Pendle -> get more USUAL
JazzySt
Depends on what your long term goals are
AkramBENNANI
now i have 1k usuaI , is it good to convert it to usd0++ or usuaI pIus ?
famousfxck
Gonna deposit some more on Curve & buy some YT
langxpv
12/20/2024 at 04:09:32 ESTbot. I didn't see my rewad and the pending reward.
JazzySt
USD0 is a stable coin backed by the US treasury
JazzySt
You will find the answer here # 🔗ㆍofficial-links
AkramBENNANI
pIease
Noé
# ❓ㆍfaq # 🔗ㆍofficial-links
AkramBENNANI
and whats usd0 and usd0++
Noé
Well if Corn isn't fully integrated on the UI and your USD0++ are on Corn, it's normal do not see rewards on the UI. As for "do they still calculate" or "will they be retroactive" you first have to check if there is $USUAL rewards for the integration you're talking about. If there is no "$USUAL" logo next to the integration, you should assume that no rewards are accruing right now.
AkramBENNANI
hey can anyone expIain to me the difference between usuaI and usuaI pIus
davesinaga
my reward still calcualte on backend?
yes i know corn has'nt intrgation with usual but how about my reward?
famousfxck
Bot answered you
famousfxck
But usual holding strong 💪
Insane crash from crypto
邦联必胜
OK
Noé
# 🇨🇳ㆍchinese
Mava (AI Support)
The integration with Corn is not yet complete, which means that rewards cannot be immediately reflected in the 'Pending rewards' section. It may take some time for this to be fully integrated.
Mava AI BetaMava (AI Support)
When you unstake USUALx, it acts like a vault share, meaning your rewards are auto-compounded and can be claimed upon unstaking. The rewards do not show up under 'Pending Rewards' as they do for USD0++. Therefore, unstaking will not burn your rewards; it allows you to claim them.
Mava AI Beta邦联必胜
请教一下，昨天质押的usual，什么时候发奖励啊
langxpv
12/20/2024 at 04:02:07 ESTWill Unstakin Auto Claim Available Reward and Burn Pending Reward? or burn both
Crypto Patrick
No plebs alowwed 😄 cause simple deposits in a congested network can easicly rip you off 50 $ :p
ericscott123
to unstake $2000 of a CVX LP protocol wanted $60 in ETH.
Crypto Patrick
ETH is the rich mans chain.
Why is the transaction fee for transferring USDC to ETH so expensive on the Usual official website?Mava (AI Support)
The high transaction fees are primarily due to the Ethereum network's gas fees, which can fluctuate based on network congestion and demand. Usual does not control these fees, as they are determined by the Ethereum blockchain.
Mava AI Betaeeettt
Why is the transaction fee for transferring USDC to ETH so expensive on the Usual official website?
amio
all drooping usual rising
Noorr
Every coin have dropped today🙁
Crypto Patrick
Hidd bull divs forming (which does not mean it can't go a bit lower 😉 )
Noorr
What’s going on with it?
Crypto Patrick
If we can win the fight at 1.30 the we gucci
@famousfxck Is the APY calculated based on the APY at that time to calculate your own compensation?famousfxck
I don’t understand your question
Milan
We need a Mava A.I twitter account that tweets usual money stuff
stampola
Im coming $50
我是太阳
@famousfxck Is the APY calculated based on the APY at that time to calculate your own compensation?
Just one more doubt - I deposited into polynomial before pills campaign and now we are getting direct usual tokens - so usual team will inform or tell about the usual tokens for pills campaign and not just for rewards like weekly.DrunkenCoder12
Hi @Noé can you please reply to this query? thank you
famousfxck
Dashboard
guys there is a yt penle position on usual and also pill campain has been ended,,so what is advantage of pendle position?Noé
Because you now earn direct $USUAL rewards for your yield
guys there is a yt penle position on usual and also pill campain has been ended,,so what is advantage of pendle position?famousfxck
Usual rewards
samuel_b2810
guys there is a yt penle position on usual and also pill campain has been ended,,so what is advantage of pendle position?
Ann
Admin please if I want to stake my usual, how many months will take to get it unstaked?
我是太阳
@famousfxck Excuse me, I want to ask you a question. How do you know what your APY is?
Ann
All coins are down this morning
stampola
We are stronger
galmoli
12/20/2024 at 03:44:19 ESTflush
famousfxck
Ethena -23% OOF
famousfxck
Even Ethereum is down -10%
ASH
how many days of staking just to break even from unstaking fees
anedidena
Hello, I just saw in the doc that the investors had USUAL which has particular characteristics. Will these USUAL eventually become classic USUAL and is it possible to obtain them via a secondary market ? THANKS
LOST
12/20/2024 at 03:43:15 ESTLMAO
stampola
Nice correction
samuel_b2810
guys there is a yt penle position on usual and also pill campain has been ended,,so what is advantage of pendle position?
Ann
What's that?
我是太阳
Excuse me, I want to ask you a question. How do you know what your APY is?
famousfxck
Have you checked Bitcoin? 😂
Noé
hahah Mava has no knowledge of current APYs
LOST
12/20/2024 at 03:42:43 EST1.65 to 1.299 in 15 minutes
famousfxck
@Mava (AI Support) what gives the highest APY right now? Pendle LP or Curve LP?
MrPotato
12/20/2024 at 03:42:25 ESTyea but just based off informaiton in the docs now
Noé
Again, that feature (BIG Mechanism) isn't live right now
MrPotato
12/20/2024 at 03:41:38 ESTMeaning if we hold USD0++ for a period that is less than 6months, we can only claim our yield in USUAL. But if it's at least 6 months, it can be either in USUAL or USD0?
Noé
The Base Interest Guarantee (BIG) mechanism isn't live
Ann
Is there a way I can stake my usual?
MrPotato
12/20/2024 at 03:40:31 ESTThe 6months i'm referring to is the Base Interest guarantee
ericscott123
@noe - does locking usd0++ on pendle lead to a boost that producess a greater yield than usual's?
Noé
it happens
Yep
ericscott123
comment confused me
Didn't think so
Noé
There is no 6 months lockup
ericscott123
what in the world is @MrPotato saying about a 6mo lock up
Noorr
Yes, ETH
Noé
Fur USD0++ related positions: Pending Rewards show after each cycle (24 hours) and become claimable after 7 days
ericscott123
what is 6mos?
manifesto
and its being distributed on a daily basis?
Noé
Yes they are, I just explained to you how they are counted
ericscott123
What has a 6-month lock up? I thought staking USD0xx paid daily in USUAL?
Noé
Your Pending Rewards become available after a 7 day verification period
USUALx acts like a vault share: meaning, the increasing rewards reflect live when you try to unstake. They are not shown under "Pending Rewards", unlike USD0++ related rewards.
Basically, if you want to see them, you should simulate to unstake: this will show you how much you can withdraw (minus the 10% unstaking fee). So, basically, you can withdraw more now than before (your vault share is "worth" more).
As a simulation, you can check the initial deposited amount, minus 10%: this is how much you could withdraw at the beginning.
Then, now compare those two amounts: you can withdraw more now than before.
UnyilL NB
12/20/2024 at 03:35:32 ESTbut my reward not distributed on me lol
eeettt
Is the chain on the ususal wallet eth?
can someone explain me about protocol’s revenue for holding USUAL? when and how I will get it? In USD0 orMava (AI Support)
Holding USUAL tokens gives you rights over the protocol's treasury and revenue. USUAL is a governance token that represents ownership of the protocol's revenue. The revenue is distributed to USUAL holders, and you can stake your USUAL tokens to earn more USUAL. The distribution is not in USD0 but in USUAL tokens. The protocol's revenue supports operations, stakers, and liquidity providers, with 10% distributed to USUAL holders. References: 1,2
Mava AI Betaimemyself 🤡
can someone explain me about protocol’s revenue for holding USUAL? when and how I will get it? In USD0 or
MrPotato
12/20/2024 at 03:34:36 ESTIf we hold USD0++, we can only choose to claim the yield in USD0++ after a minimum of 6months?
famousfxck
Yeah weird stuff and price didn’t even move 😂😂
ericscott123
What has a higher yield, locking pendle USDO++ for a month or holding staked USD0++ with USUAL?
Noé
USUALx acts like a vault share: meaning, the increasing rewards reflect live when you try to unstake. They are not shown under "Pending Rewards", unlike USD0++ related rewards. Basically, if you want to see them, you should simulate to unstake: this will show you how much you can withdraw (minus the 10% unstaking fee). So, basically, you can withdraw more now than before (your vault share is "worth" more). As a simulation, you can check the initial deposited amount, minus 10%: this is how much you could withdraw at the beginning. Then, now compare those two amounts: you can withdraw more now than before.
lol
Noé
lmao
and tweeted about Usual
Vivek got hacked
wtf
famousfxck
Choice is up to you lmao
kickerman
I have some tokens at this price idk what to do sell or wait 5$
UnyilL NB
12/20/2024 at 03:31:13 ESTyes please need fast
famousfxck
# 🧐ㆍspeculation
Dinesh
I'm a holder of USUALx and want to add to my position, but would like to make sure I understand the math thoroughly
Noé
two seconds
I just woke up
UnyilL NB
12/20/2024 at 03:30:23 EST# Channel Not Found check please need help
kickerman
Why nobody awnser me
Dinesh
@Yosh what is the muting rule? I was muted after making a few suggestions on how to reduce confusion
kickerman
Guys usual at 5$ really?
Reycobos
What's the point to supply USD0++ on morpho if there is no deposit APR and only borrow APR? people pay 33.59% APR to borrow USDC ? Am I missing something?
ericscott123
Is this the current 90% APR you refer to vs. 4.4%?
famousfxck
Daily ROI is at 0.86% today just calculated
Noé
# 🇨🇳ㆍchinese
安奋蛋
12/20/2024 at 03:27:26 EST这么多中国人
Noé
# 🧐ㆍspeculation
Noé
# 🇨🇳ㆍchinese plz
kickerman
Guys how much % that usual hits 5$ in 2025??
Noé
gmgm
Kingston
What do you mean by the rate grows?
Blackwolf
你可以在菜单下方的语言里选择中文，然后就看到中文社区了
erianvc
这不是usual的频道啊
famousfxck
@Noé scam ID 1185453707589062671
erianvc
有没有中文频道
sukrit1234
12/20/2024 at 03:15:18 ESTWhen reward update on UsualX
Usual
MrPotato
12/20/2024 at 03:13:19 ESTwhy does the bot say that USUAL tokens can be claimed every 7 days but the doc says it can be claimed daily?
Usual
MrPotato
12/20/2024 at 03:11:37 ESTIf USUAL tokens are technically representing the % yield by the RWA, how would their APY be higher?
Usual
JE•Mekac
12/20/2024 at 03:10:08 ESTHey 👋
Mava (AI Support)
The yield from USD0++ is called Alpha Yield (α-yield) and it includes an additional token with its own volatility and pricing, providing exposure to the issuer’s success, not just the underlying yield. This means that USUAL offers significantly better rates than the asset’s yield alone. The yield in $USUAL is designed to be higher than the underlying yield, which is typically around 4.4% for treasury bills. References: 1
Mava AI BetaMrPotato
12/20/2024 at 03:09:04 ESTHow can we compare USUAL yield and underlying yield?
ericscott123
human please?
Mava (AI Support)
The difference in yield between USD0++ on Pendle and the Usual yield could be due to various factors such as market conditions, the specific yield strategies employed, and the underlying assets' performance. It's important to consider that yields can vary based on the platform and the mechanisms they use to generate returns.
Mava AI Betafamousfxck
We are about to flip Hashnote and FDUSD in TVL 🔥🔥🔥
ericscott123
why is the USDO++ yield on Pendle 40 pts lower than the Usual yield?
boss
Pills program is still ongoing?
Mava (AI Support)
The Referral Program is still ongoing. You can invite friends and earn rewards proportional to the number of Pills they earn. You can retrieve your referral link from the Hall Page or the Drugstore in the dApp. Reference: 1
Mava AI Betaboss
Refferal program is odne?
MrPotato
12/20/2024 at 03:04:52 EST7 days?
How often is each block?
MrPotato
12/20/2024 at 03:04:19 ESTThe docs mention that USUAL can be claimed every block while if we choose to claim it in USD0, it is every 6 months. Is that true?
famousfxck
Depends on how much USUAL you’ve received
! 0xinfizi
i dont wanna lock my tokens i just wanna claim my %100 tokens
what is fair unlock?
Mava (AI Support)
You can claim the airdrop at https://app.usual.money/airdrop.
Mava AI Beta
! 0xinfizi
where to claim airdrop?
ericscott123
are awards accrusing during the 7 day wait period?
famousfxck
@Noé ban scammer ID 810069364564688906
ericscott123
Where can I see those rewards?
Usual
ericscott123
Where do awards appear for USDO++ so that I can restake them?
Mava (AI Support)
Yes, the yield in $USUAL is designed to be higher than the underlying yield, which is based on U.S. Treasury bills. This means that the amount of USUAL tokens minted is related to the dollar value of the yield generated by the RWAs.
Mava AI BetaMrPotato
12/20/2024 at 02:54:21 ESTSince each USD0 is backed by a certain amount of RWA, technically the amount of USUAL tokens minted is equivelant to the dollar value of the yield right?
famousfxck
You need to stake it for USD0++
If you want to calculate how much you’re actually earning. Ask ChatGPT to convert APY to APR and then divide by 365. That’s how much you’re earning daily.
SY
They do not daily compounding, they do block compounding. Apr should be much less than your calculation.
famousfxck
Nope
MrPotato
12/20/2024 at 02:51:37 ESTJust holding USD0 we don't yield anything even though it is backed by a yield-bearing RWA asset
Mava (AI Support)
Yes, to gain the risk-free yield from the short-term Real-World Assets (RWA) backing USD0, you need to stake it into USD0++. USD0++ is a staked version of USD0 that allows holders to access yield mechanisms, including the risk-free yield. Reference: 1
Mava AI BetaMrPotato
12/20/2024 at 02:51:07 ESTIn order to gain the risk-free yield of the short-term RWA assets backing USD0, we have to stake it right?
If you want to calculate how much you’re actually earning. Ask ChatGPT to convert APY to APR and then divide by 365. That’s how much you’re earning daily.Usual
famousfxck
If you want to calculate how much you’re actually earning. Ask ChatGPT to convert APY to APR and then divide by 365. That’s how much you’re earning daily.
@Yosh
A few suggestions from all the comments
1: show users what they've earned on the staking page - so it's easy to see
2: the explanation for usual to usualx not being 1:1 is hard to understand. Why should your proportional ownership not be 1:1 to actual ownership if the intention is to mirror proportional ownership of USUAL?
3: Show the user that there is a 10% fee being applied to their withdrawalfamousfxck
Btw thanks, sent this to the team
The only way to check at the moment how much you’ve earned from staking is making your own calculation.
Late But Early
Do you plan on making it visible for users?
Excuse me. I don't understand this handling fee this handling fee. 175usual has already been deducted 175usual. Do you still need to deduct an additional 175usual to receive 1757usual?Mava (AI Support)
It seems like you are referring to a transaction involving USUAL tokens and a handling fee. Typically, there is a 10% unstaking fee for USUALx, which might explain the deduction you are seeing. However, if you are experiencing unexpected deductions, it might be best to review the transaction details or contact support for clarification.
Mava AI Beta我是太阳
Excuse me. I don't understand this handling fee this handling fee. 175usual has already been deducted 175usual. Do you still need to deduct an additional 175usual to receive 1757usual?
famousfxck
The only way to check at the moment how much you’ve earned from staking is making your own calculation.
famousfxck
You will NOT see your USUALx rewards on the Earn page.
Yosh
It doesn’t grow. The UsualX to usual rate grows
Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. This means that while the rewards are accruing continuously, the visible increase in your USUALx amount may only be reflected once a day on the user interface.
Mava AI Betafamousfxck
At these rates, in 10 days you will be break even. It’s a mechanism so people are forced to hold. Also don’t forget that unstake fee will be rewarded back to the community.
Przemek
I know there are rewards usualx auto-compounded but I don't see my usualx amount growing
famousfxck
You pay 10% fee whenever you unstake, always.
Stake USUAL -> Get USUALx. It’s normal that USUALx is less than USUAL because it’s a share of a vault.
APY is not APR. Right now we are earning 0.9% ROI per day.
Mava (AI Support)
You should see your rewards at the end of each 24-hour cycle. If your rewards are still showing as 0, please try clearing your cache, cookies, reconnecting your wallet, and switching networks. If the issue persists, there might be a problem that needs further investigation.
Mava AI BetaMava (AI Support)
USUALx rewards are autocompounded, meaning they are calculated at each block and updated on the UI daily. However, the exact amount you will have after 24 hours depends on the APY and the number of stakers sharing the rewards. It's not guaranteed that your USUALx will increase to 30,000 in exactly 24 hours.
Mava AI BetaYosh
No
AR
I've been staking for more than 24 hours, why is it still 0, sir
Flyu
for example my usualx is 28000 , 24hours later will be 30000?
stampola
So no 10% fee for the reward right?
Bzyuck
so how can i verify how much rewards did i recieve?
famousfxck
No just USUAL
Flyu
USUALx rewards is usualx?
stampola
@fthoctober did you try this?
Przemek
When update rewards usualx?
Fatih
Same. I still can not see reqards after 24 h
Mava (AI Support)
Rewards for USD0++ are distributed at the end of each 24-hour cycle. If you have staked USUAL, rewards are distributed each block. If you are not seeing your rewards, ensure you have waited for the end of the current cycle. If the issue persists, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI BetaBzyuck
hi i have staked for 2 days and I dont see any rewards, when will i see them