#
๐ฌใgeneral
Join the general discussion about Usual. Exchange ideas, ask questions, and share your thoughts on the underlying technology, use cases, market trends, and more. No price talks here!Page 69 of 74
Robo-Odin
Of course, comrade.
Srsiti
event end date?
Robo-Odin
Usd0 as collateral on cve? 
Yeah, he is. 
Aurelou
ooh Curvance merch Mai is a king ๐
Robo-Odin
Defi merch is always fascinating.
The company that made this wants Curvance to pay that. So seeking, better sourcing.
Crypto_Kerel
holy molly, is it non profit? we'll be non profit so probably do those at cost or as rewards. though that plushy is just me wanting not approved or anything.
Crypto_Kerel
did you find your position?
good your pills today?
Crypto_Kerel
good day to you too ruma
Plushies are big in the monad ecosystem for mascots.
( on top of buying plushies )
and what Robo does best ๐
Robo-Odin
Thats what Kerel is here for. 
Umar
Thanks mate
Umar
Ok
Crypto_Kerel
but as robo said you can check on your wallet and/or directly on curve
Umar
I have done 2 days ago till yesterday it was showing today showing zero
Crypto_Kerel
you're probably not on the ETH network
Robo-Odin
You can always check curve if worried.
Crypto_Kerel
did you just do it or it's from before? are you o nthe correct network?
Robo-Odin
The API is getting slammed right now.
Umar
I have deposited 2 days ago
Umar
Yesterday it was showing
Robo-Odin
Some people had to wait 2 hours.
Yeah, give it a bit of time.
Umar
Wh LP Position showing zero any UI bUG ?
Crypto_Kerel
never thought of a plushie, that'd be amazing.
Robo-Odin
If you don't have a racoon with pills plushie, Im rioting.
really want to explore the racoon angle
Also get started on some merch and ambassador program after the educational
So curvance splits its time with in discord AMAs with community/team. And spaces.
But they have office hours that are more just a few team shooting breeze.
Even more casual Alchemix has Friday Firesides where team just hangs out in a channel with everyone talking about random stuff.
Crypto_Kerel
hopefully before but might cut it very close. could start now nontheless to get your multiplier going and once L2 comes scale up but up to you ๐
Robo-Odin
3 Gwei right now. Yesterday at 6 gwei it cost me $14 to go from USDC to staking on curve LP doing every step on the site total.
Not sure.
ETHURAM
07/12/2024 at 16:48:34 EDTbefore the campaign ends or after
Tom Lee
What's new here guys?
Robo-Odin
L2s are planned, do not worry.
Robo-Odin
Not yet!
ETHURAM
07/12/2024 at 16:46:49 EDTno support for l2?
Robo-Odin
Mainwebsite. Or you can do it on curve. But mainnet ETH.
Both have built up diehard communities.
ETHURAM
07/12/2024 at 16:45:36 EDThow to deposit funds and which network please
Robo-Odin
So curvance splits its time with in discord AMAs with community/team. And spaces. But they have office hours that are more just a few team shooting breeze. Even more casual Alchemix has Friday Firesides where team just hangs out in a channel with everyone talking about random stuff.
Milan
In discord and then bigger events on spaces like integrations and partners etc
As we get bigger we should get allocated community AMA hours , maybe once a week or so .
Milan
This
Robo-Odin
And having community AMAs here are also a good idea.
Yeah, spaces are great.
Milan
I thought it was fantastic. Especially with the live questions - we can take some of these and possibly expand the gitbook if it's not done already . Maybe we can talk about some integrations that's happening without naming anything or talking about specifics to have everyone interested and more bullish
also what did you guys think about the Space?
and then local communities, campaign and leaderboards/highlights
Watch when CM comes in next week and Kerel can focus on awesome things - community will explode
Milan
Watch when CM comes in next week and Kerel can focus on awesome things - community will explode
You can do ๐ค - but just note that your overall pills will be less Vs putting it all in the start.
Just like everything only put in what you can afford .Milan
Omg we are growing so fast haha ! Congratulations everyone. You are early ๐ค
Milan
Yes sir !
Crypto_Kerel
+20 Million in 54 hours.
Deleted User
07/12/2024 at 16:17:57 EDTCheck out docs url /usual-products/usd0++-enhanced-tbill/usd0++-alpha-yield
Crypto_Kerel
gitbook getting louder rather than quiet i'd say ๐
Robo-Odin
What are we at in TVL now?
Milan
I may miss some things out but I always learn here ๐ค
Milan
I need to continue with this gitbook.. so much amazing things to learn !
Currently learning about alpha-yield. Gitbook has grown quiet a bit since last time I checked. There is a whole section for alpha-yield now
Milan
You can do ๐ค - but just note that your overall pills will be less Vs putting it all in the start. Just like everything only put in what you can afford .
Crypto_Kerel
yeah always make your own mind and do your research for any project as always @yoekmoeien501 ๐ฅท , your keys, your responsibility ๐
Deleted User
07/12/2024 at 16:10:00 EDTin my personal opinion it's the best to deposit some now to start stacking the mutiplier, and never withdraw that amount (dont wanna lose the multiplier by exiting all USD0++ positions). Can always deposit more later if you want Not financial advice
Crypto_Kerel
and best for you, multiplier is activated at the end, so it'll work on all the pills you gain from now until the end, at the best last rate ( if you don't exit ALL you position and get it to rest)
investing little by little, just as much as you can afford
Crypto_Kerel
no problem with that, doing that myself
essentially the minimum you get is the profits ( like ethena) or better ( with the governance token that accrues in value.
No minimum mate, put in what you can afford. There are also other ways to earn pills like referring your buddies
yoekmoeien501 ๐ฅท
07/12/2024 at 16:07:02 EDTwhat do you think about making a deposit in stages sir?
Crypto_Kerel
https://docs.usual.money/usual-products/usd0++-enhanced-tbill/base-interest-guarantee-big
so normally a share of a protocol is higher than simply part of the profits, right?
you can think of it like a share i nthe protocol
it's a governance token with value
Nexty
07/12/2024 at 16:05:07 EDTBut it's also a way to distribute reward to holders
Nexty
07/12/2024 at 16:04:57 EDTHo ok, i thought USUAL was a gov token only mb
Crypto_Kerel
ethena gives you profits, we give you the entire protocol value.
it explains everything ๐ we go one step further than ethena
Nexty
07/12/2024 at 16:04:07 EDTYes
Crypto_Kerel
did you read the gitbook? https://docs.usual.money/
Deleted User
07/12/2024 at 16:04:00 EDTU mean sUSDe?
After TGE yes, but until TGE the logic cannot apply as I explained, you get pills with a multiplier, we don't know the final TVL and when/how it was entered, not the price of $USUAL at launch, a number of variables with currenly no answers. But if you checked the simulator before entering the code you could have triedNexty
07/12/2024 at 16:03:23 EDTOk so there is no Apr like a ethena stable coin for now ?
Crypto_Kerel
for example i think if it was a linear progress with you coming in early and Ondo like success at launch we'd have 400 APR i believe.
Crypto_Kerel
After TGE yes, but until TGE the logic cannot apply as I explained, you get pills with a multiplier, we don't know the final TVL and when/how it was entered, not the price of $USUAL at launch, a number of variables with currenly no answers. But if you checked the simulator before entering the code you could have tried
Doesn't really compute as a logic, you get Pills that give you $USUAL in the airdrop, price of $USUAL depends on the TVL annd wel lthe price itself at launch which will be determined upon success ( and right now we are very successful). SO could be in the hundreds or more at the end but we can't give a clear APR, depends on the success and TVL ( and even how/when that TVL got in.Nexty
07/12/2024 at 16:01:52 EDTYou said Stable coin backed with RWA asset but theses RWAS has % And it's not distriutate to holders ?
Yeah don't put more than you can afford to lose is the principle for everything, don't starve yourself or anything.Milan
Even the CEO said he has bills to pay haha
Crypto_Kerel
Yeah don't put more than you can afford to lose is the principle for everything, don't starve yourself or anything.
Doesn't really compute as a logic, you get Pills that give you $USUAL in the airdrop, price of $USUAL depends on the TVL annd wel lthe price itself at launch which will be determined upon success ( and right now we are very successful). SO could be in the hundreds or more at the end but we can't give a clear APR, depends on the success and TVL ( and even how/when that TVL got in.Nexty
07/12/2024 at 16:01:14 EDTYEah but i'm not talking about the airdrop. Stable coin doesn't give % ?
someone putting 10K at the end will get less than somone putting 2K at the beggining for example ( because of the multiplier)
correct, plus you get them daily, and the earlier you join the bigger your multiplier ( top screen in the drugtstore), it increases daily by 2%, so you'll get 10X for example after 117 days.yoekmoeien501 ๐ฅท
07/12/2024 at 16:00:26 EDTCan you recommend what the minimum is, sir?
Crypto_Kerel
Doesn't really compute as a logic, you get Pills that give you $USUAL in the airdrop, price of $USUAL depends on the TVL annd wel lthe price itself at launch which will be determined upon success ( and right now we are very successful). SO could be in the hundreds or more at the end but we can't give a clear APR, depends on the success and TVL ( and even how/when that TVL got in.
Zaharon
hey
Milan
Don't underestimate the compound effect !
You're early so you definitely have advantages over the whales and degens that come in late based on multiplier alone
Crypto_Kerel
correct, plus you get them daily, and the earlier you join the bigger your multiplier ( top screen in the drugtstore), it increases daily by 2%, so you'll get 10X for example after 117 days.
Milan
Yes sir .
Milan
The maths don't lie - get in early everyone ๐ค
Pills points? you get Pills depending on the amount so yes, but remember you only get Pills for USD0++ holding or provinding LP in the official pools.yoekmoeien501 ๐ฅท
07/12/2024 at 15:57:01 EDTso the bigger the USD0++ that is deposited, the more pill points are given, sir?
if I do deposit ETH to get USDC0 in quick actions that means I'm borrowing right? or is it like I swap ETH to USDC0?Crypto_Kerel
no it's a swap, but don't use ETH, it's not an accepted asset, only use USYD, USDC, or GHO ๐
Juanz
if I do deposit ETH to get USDC0 in quick actions that means I'm borrowing right? or is it like I swap ETH to USDC0?
Nexty
07/12/2024 at 15:51:33 EDTBut with Bonds
Not talking about airdrop
What's athe apr on USD0 please ?
Crypto_Kerel
Pills points? you get Pills depending on the amount so yes, but remember you only get Pills for USD0++ holding or provinding LP in the official pools.
yoekmoeien501 ๐ฅท
07/12/2024 at 15:47:25 EDTI want to ask, sir, can deposit volume also increase points?
Robo-Odin
Mint it with Gho or USDC mainly.
You can do everything on the main site.
crypto king
How to bay usdo
Deleted User
07/12/2024 at 15:34:30 EDT+1, no double stacking since you earn in the LP tokens itself
Robo-Odin
Like you're earning the current 25x. And not 25x + 50% USD0++ earning too.
etherisking
ah ok
Robo-Odin
Yeah, Im pretty sure its saying there is no double stacking.
Gimme sec Iโll try and find it
Robo-Odin
I didnt track how much I had yesterday, but I am growing.
Don't believe so.
etherisking
I read somewhere on the UI this morning that depositing USD0++ stops you from earning pills?
Yea maybe
Robo-Odin
And I only had USDO++
$3.35 yesterday with worse gas.
The USDO++ pool is probably insanely busy at the moment is my guess.
etherisking
Something weird going on. I spent $11 to deposit USD0 into the USD0/USD0++ pool this morning at 3 gwei but to deposit into USDC/USD0 it was $1.5
yoekmoeien501 ๐ฅท
07/12/2024 at 15:27:43 EDTprivide liquidity USD0/USD0++ on curve sir
Robo-Odin
2 gwei now.
I spent a fraction of that with all my txs yesterday with worse gwei.
What are you trying to do?
of course, we're coming for the L2๐ฅ . It's just step by step, security being number 1, we'd rather avoid spreading ourselves too thin and having a security issue that could take us down. we're already on our way to the top.
likhoncrypto
Okay understand..waiting for that..better to do it early as possible
Crypto_Kerel
did you guys know we had 6 audits in a single year? and are using smart contract monitoring and front running?
Rissou
ok thx !
Is there any plan to launch USD0 on different networks?..i am not a fan of Etherium networkCrypto_Kerel
of course, we're coming for the L2๐ฅ . It's just step by step, security being number 1, we'd rather avoid spreading ourselves too thin and having a security issue that could take us down. we're already on our way to the top.
likhoncrypto
Is there any plan to launch USD0 on different networks?..i am not a fan of Etherium network
Hey! I have a question!
I'm looking to optimize my pills yield and I'm surprised by this message on telegram :
"Bonding generally offers higher Pills rewards compared to providing liquidity in a Liquidity Pool (LP)"
How come bonding earns more than providing liquidity in a Liquidity Pool ?
According to the doc, the 2 options x3 the number of pills per day and there is a bonus as a supplier of liquidity. I don't understandCrypto_Kerel
Liquidity would be slightly better yes, but nothing wrong with hodling USD0++ too
Robo-Odin
For now, because of the bonus pills per day. This IS shrinking. But as long as you enter it with USD0 you'll get a bonus.
Rissou
You mean USD0/USD0++ pool @Robo-Odin ?
Hey! I have a question!
I'm looking to optimize my pills yield and I'm surprised by this message on telegram :
"Bonding generally offers higher Pills rewards compared to providing liquidity in a Liquidity Pool (LP)"
How come bonding earns more than providing liquidity in a Liquidity Pool ?
According to the doc, the 2 options x3 the number of pills per day and there is a bonus as a supplier of liquidity. I don't understandRobo-Odin
Bonding and the bonding LP offers the best results. Make sure you go usdo > USDO++ LP though for "optimal".
that's strange, try again from metamask, it should work. ( there's no reason for us to be connected to your phantom wallet if you didn't connect it yourself, we're not that good ๐ )yoekmoeien501 ๐ฅท
07/12/2024 at 15:14:38 EDTcould this be a bug, sir?
Rissou
@Crypto_Kerel https://discord.com/channels/1106588534871179280/1107144153076347022/1261397019273203722
Robo-Odin
Phantom tries to be EVM as well.
Crypto_Kerel
that's strange, try again from metamask, it should work. ( there's no reason for us to be connected to your phantom wallet if you didn't connect it yourself, we're not that good ๐ )
We apologies for the issues everyone, ti's a mix of our APIs being overloaded, and our security measure being too strict and paraswap not being able to follow though (some people creating and underfunding bad pool that resulted in people getting shorted, so we put measure to protect you guys but paraswap is having a hard time handling our security measures).
noted, well you could do it directly on the Curve pool but that would mean swapping for USD0++ instead of minting so you won't get the Instant pills ( 5 per, so 25 in your case). Our team is hard at work fixing it but they don't think it'll get done before at least Monday so up to you to see if you want to swap now or wait.
Do note you could try with a different browser and/refresh or wait it has worked for some ( including me).Crypto_Kerel
noted, well you could do it directly on the Curve pool but that would mean swapping for USD0++ instead of minting so you won't get the Instant pills ( 5 per, so 25 in your case). Our team is hard at work fixing it but they don't think it'll get done before at least Monday so up to you to see if you want to swap now or wait. Do note you could try with a different browser and/refresh or wait it has worked for some ( including me).
Deleted User
07/12/2024 at 15:05:53 EDT
charlie29_10 has been warned
Reason: Posted an invite
Where are you stuck? confirm or approve? ( tech team is asking me to ask). But you can try directly on the curve pool, just be careful to do it one-sided USD0 for the best rewards.crypto king
Thanks ๐
Robo-Odin
Thats so exciting! Take that our partners GHO!
Rissou
Hey! I have a question! I'm looking to optimize my pills yield and I'm surprised by this message on telegram : "Bonding generally offers higher Pills rewards compared to providing liquidity in a Liquidity Pool (LP)" How come bonding earns more than providing liquidity in a Liquidity Pool ? According to the doc, the 2 options x3 the number of pills per day and there is a bonus as a supplier of liquidity. I don't understand
crypto king
Hello I am new here
Crypto_Kerel
Hi Islam, how are you? had your pills for the day already?
crypto king
Welcome โค๏ธ
Crypto_Kerel
Where are you stuck? confirm or approve? ( tech team is asking me to ask). But you can try directly on the curve pool, just be careful to do it one-sided USD0 for the best rewards.
Crypto_Kerel
check the announcement of two days ago, it'll explain. the 25 is 3 base plus expected instant bonus not to show in the daily part.
Pheyji
So I deposited into lp but I'm still earning pills at a 3ร rate instead of 25
yoekmoeien501 ๐ฅท
07/12/2024 at 14:56:39 EDTI can't make a BOND transaction from USD0 to USD0++ sir...is this a bug? If not then why does this happen? @alamin
Not sure about that, since bonus multiplier is an advantage given from USUAL for early supporter like us. So Its undertandable it Will go down the more people joinedNot sure about that, since bonus multiplier is an advantage given from USUAL for early supporter like us. So Its undertandable it Will go down the more people joined
alamin
One way you can earn bonus is by inviting friends once they joined with your invite link you receive a 10percent bonus
Fearrenear
Not sure about that, since bonus multiplier is an advantage given from USUAL for early supporter like us. So Its undertandable it Will go down the more people joined
alamin
3 pills is what you will earn daily upon holding USDO++
alamin
Clear your cache and try again
Milan
Has it gone through ? You may have to wait a little. If it takes too long just refresh the page
Most likely, it depends on the usage but I don't think it will go lower than 3 pills per day - could be wrong. Nothing wrong with holding USD0++ though
Capt ๐
3x is okay, still same if we only hold usd0++
susi545
when trying to buy USD0++ with USD0 after approval confirmation button is inactive, why ?
Capt ๐
Yes, it will dilute. Just hope team has plan to maintain the bonus
Milan
Most likely, it depends on the usage but I don't think it will go lower than 3 pills per day - could be wrong. Nothing wrong with holding USD0++ though
Robo-Odin
Its an average. So it will go down drastically. Especially if bonuses get applied to other LPs.
And nothing wrong at all with just holding.
Fearrenear
From what i see, Its keep going down the more people add Liquidity
Robo-Odin
As long as the pills per day is above 3x, that LP is "optimal" way to earn pills. But it isn't the only way.
the multiplier doesn't take into account the bonus ( can't know how much) or the curve fees. Do note the bonus will go drastically down. but should be slightly better than USD0++. but you need a balance of both for the protocol to work.Capt ๐
is it possible that the bonus could drop to 5x?
Fearrenear
Before add some bags
the multiplier doesn't take into account the bonus ( can't know how much) or the curve fees. Do note the bonus will go drastically down. but should be slightly better than USD0++. but you need a balance of both for the protocol to work.Fearrenear
I see. I am not too familiar with curve finance. Might as well waiting for better USUAL promotion.
the multiplier doesn't take into account the bonus ( can't know how much) or the curve fees. Do note the bonus will go drastically down. but should be slightly better than USD0++. but you need a balance of both for the protocol to work.Deleted User
07/12/2024 at 14:32:52 EDTIn the end bigger LP = more liquidity = good for protocol
Robo-Odin
Double blessing.
So many people are going to end up with crv and have no idea. 
Yeah, i can see that multiplier but in the long run it seems the reward almost the same when i tried simulatorCrypto_Kerel
the multiplier doesn't take into account the bonus ( can't know how much) or the curve fees. Do note the bonus will go drastically down. but should be slightly better than USD0++. but you need a balance of both for the protocol to work.
LP is better if you do correctly one sided with USD0, because you get the Bonus pills ( check announcement channel for details), and the curve fees.Fearrenear
Yeah, i can see that multiplier but in the long run it seems the reward almost the same when i tried simulator
Milan
Dedication
Robo-Odin
But you are perfectly fine with just holding USDO++.
I choose Bond and Its cost me around 4 USD from USDC ~USDO - then USDO++
IS there more benefit choosing LP than Bond?Crypto_Kerel
LP is better if you do correctly one sided with USD0, because you get the Bonus pills ( check announcement channel for details), and the curve fees.
I choose Bond and Its cost me around 4 USD from USDC ~USDO - then USDO++
IS there more benefit choosing LP than Bond?Capt ๐
Bonus x
Robo-Odin
Currently there is a bonus being applied to people who LP usdo and USD0++
Deleted User
07/12/2024 at 14:27:46 EDTUsual crypto things
Crypto_Kerel
crypto never sleeps.
Fearrenear
I choose Bond and Its cost me around 4 USD from USDC ~USDO - then USDO++ IS there more benefit choosing LP than Bond?
Crypto_Kerel
he asked me yesterday to post something at 3 am ๐
our CEO works 15/16 hours a day
Capt ๐
Team doesnt sleep, you guys have a lot of drugs
Crypto_Kerel
I'm the CMO, but right now one-man army ๐
Yeah pioneer will be closed this is exclusive to people having joined early or possibly very big onctributors in some way or another. Right now not adding roles until we get the full time CM onboarded then he'll be in charge of that ;).Capt ๐
So you are core team bro or a robot
Robo-Odin
Website is busy. Try refreshing. And if that still doesnt work you can enter the LP directly on curve.
Robo-Odin
I spent ~$14 going from USDC all the way to entering the LP at 4gwei.
Robo-Odin
Go to pool tab. Then search USD0.
Harvyy I Solana ID
07/12/2024 at 14:21:59 EDThow? and how much gas fee
Capt ๐
You can swap on curve
62x glitch ๐ฅฒ
absolutely no problems to use both of even all the pools. personal favorite is the LP and USD0++ so go for it ๐Fearrenear
Ok thank you
Harvyy I Solana ID
07/12/2024 at 14:19:30 EDTor like how do i make it as USDC
hi guys how do i withdraw my USD0
So may i ask?. I choose only Bond now. But can i add USDO/USDO++ too at the next time without withdrawing my BOND? I mean Will it work if i use both product?Crypto_Kerel
absolutely no problems to use both of even all the pools. personal favorite is the LP and USD0++ so go for it ๐
Fearrenear
So may i ask?. I choose only Bond now. But can i add USDO/USDO++ too at the next time without withdrawing my BOND? I mean Will it work if i use both product?
Crypto_Kerel
CM we have already just starting in a few days or a week
Roles are not open for now,we'll have the full time CM onboarded and handling roles in a few days/Weeks
Dale
07/12/2024 at 14:14:29 EDTIs the role still open or someone filled in already?
Crypto_Kerel
Thanks, we'll be sure to tell them, we worked worked and reworked it. ๐
Crypto_Kerel
started wednesday and going strong for 4 months so you're still in early ๐ช
Roles are not open for now,we'll have the full time CM onboarded and handling roles in a few days/Weeks
Aryaheri
how to get usual og?
Dale
07/12/2024 at 14:12:35 EDTWhoever the graphic designer is, they did a great job.
Heyooo!
Crypto_Kerel
Yeah pioneer will be closed this is exclusive to people having joined early or possibly very big onctributors in some way or another. Right now not adding roles until we get the full time CM onboarded then he'll be in charge of that ;).
why there's no balace amount in withdrawl liq , another error or smth also it's showing 0$ in my positionsCrypto_Kerel
if the error persists you can try directly through curve.
insitecrypto
Can't provide liquidity on curve, the button doesn't work, is this issue?
Robo-Odin
Im just a pioneer myself. Final word is with team. But this is what was said earlier.
Pioneer is mostly closed. Maybe possible for people doing a lot of contribution. Or open again later on.
agatha
Good to hear it sir
Robo-Odin
Pioneer is mostly closed. Maybe possible for people doing a lot of contribution. Or open again later on.
ijustabi
bro
pkcons9 CLONE
How to get poineer role frens?
TanungNi
thanks
refresh to see if your pills display the correct number. but if yes then your rank should be about 255 or so i think. not that it changes much but still good bragging right ๐ชTanungNi
nvm , it's an error lol
Crypto_Kerel
you can try directly on curve just be careful of the slippage and amount ( though curve should be safe for that)
can we just farm pills in galxe without investing in LP pools , or galxe pills campaign are just bonus campaigns for LP pools investersPheyji
Confirm is not working
Robo-Odin
Oooooooh!
is this right? i want to provide liquidity, when i provide max my usd0, usd0/usd0++ doesn't increaseCrypto_Kerel
no you seem to have an UI error, you can do it directly on the curve pool, but remember to do it one-sidely with USD0 only for the best rewards.
is this right? i want to provide liquidity, when i provide max my usd0, usd0/usd0++ doesn't increaseRobo-Odin
Website is busy. So might need to refresh a bit. But worse case you take your USD0 directly to the curve pool and single side stake it for the points.
It works on the curve pool.
Robo-Odin
Tried swapping it where?
Pheyji
Trying to swap usdo+ to usdo here but confirm not working anybody have the same issue
Crypto_Kerel
as I just said, no. you need USDC or GHo or USYC.
you may also have issues with accepting those as our current security protocols are too strict and paraswap as issues accepting them sometimes soyou could do the swap directly on paraswap or curve but be VERY careful about the amount being correct and the slippage before accepting.
DevLabs ๐
sir
so can i mint with usdt?
Crypto_Kerel
you may also have issues with accepting those as our current security protocols are too strict and paraswap as issues accepting them sometimes soyou could do the swap directly on paraswap or curve but be VERY careful about the amount being correct and the slippage before accepting.
Crypto_Kerel
no don't use USDT ever for now we only accept USDC, GHO or USYC.
Can USDT be used with Mint?
dvnd
Crypto_Kerel
it's a liquid lock, lock for 4 years but you can swap at anytime back for USD0 and then USDC ( suing curve pools). as Robo said the best is to read the docs when in DeFi ๐
Crypto_Kerel
no we have too strict security, you might need to wait, refresh or could try directly on curve. ( do remember to do it one side USD0 only, or you won't get the instant bonus pills ( check announcement channel for details)).
Robo-Odin
I suggest you read https://docs.usual.money/. And make sure to use someones codes in # Channel Not Found .
You can lock it for USDO++. But can swap out on curve.
Holey
07/12/2024 at 12:55:43 EDTis it going to get locked or flexible?
Robo-Odin
You can mint it with USDC, or buy it on curve.
Holey
07/12/2024 at 12:53:31 EDTis it listed on cex?
well the best is to join the protocol with TVL in USD0++ or LP in our pools, especially the USD0/USD0++ pool ( one side USD0 is best).Holey
07/12/2024 at 12:53:20 EDThow to buy usd0?
Robo-Odin
Worst case you can go to curve directly.
Might need to refresh. Some users has browser issues.
ijustabi
down sir?
yo why I can't approve liquidity
Crypto_Kerel
well the best is to join the protocol with TVL in USD0++ or LP in our pools, especially the USD0/USD0++ pool ( one side USD0 is best).
Robo-Odin
Well now that mainnet launch has happened. More points/pills to be earned by actions onchain.
Adra192
07/12/2024 at 12:44:35 EDTHey
Holey
07/12/2024 at 12:44:34 EDTany other task/quest beside Galxe sir?
Crypto_Kerel
Hey Haris
Robo-Odin
I think.
peterex5519
07/12/2024 at 12:41:41 EDTHmm
Robo-Odin
Got the oat from galaxe?
Crypto_Kerel
point 20 doesn't help much we have several campaign chapters, could you send a link?
Yuri San
07/12/2024 at 12:40:36 EDToat
fcfs
point 20
Crypto_Kerel
Which quest are you talking about? the ones from the Pills Campaign?
Yuri San
07/12/2024 at 12:39:42 EDTi am new bie
pls help me
keeha OwO
Hi
Yuri San
07/12/2024 at 12:39:35 EDTgalxe quest
i have not done
Crypto_Kerel
officially taking over a stbalecoin from a protocol WAY bigger, more famous and older than us. we're on our way to the top.
Yuri San
07/12/2024 at 12:39:22 EDTi have usual member role but
Yuri San
07/12/2024 at 12:36:30 EDTgm
MBP | Usual Code: Q2TC5
Gm Fellas
@Crypto_Kerel Bro, in order to get extra +10% pills points (at the end of campaign) from DeWhales / Turtle is it necessary to sign up in both projects?
Or at least one is enought, f.e. Turtle?
If I'll register in both - would I get +20% bonus? :))Romanson
@Crypto_Kerel Bro, in order to get extra +10% pills points (at the end of campaign) from DeWhales / Turtle is it necessary to sign up in both projects? Or at least one is enought, f.e. Turtle? If I'll register in both - would I get +20% bonus? :))
absolutely, what we're doing is the logical conclusion to the need of both stablecoin and the ethics that birthed crypto.
Max
07/12/2024 at 12:31:31 EDThttps://tenor.com/view/mando-way-mandalorian-star-wars-this-is-the-way-gif-18467372
Crypto_Kerel
absolutely, what we're doing is the logical conclusion to the need of both stablecoin and the ethics that birthed crypto.
Crypto_Kerel
absolutely, imagined you hodled you bitcoin since 2013 ( sold mine at that time ๐ )
bysacha
That sounds logic when we think about it
agatha
Patience is the keys
One thing in the thread you wrote: you gain the RWA Yield OR the Governance token, not both. Essentially think of it like:
We make "profits" these profits are kept in the company, and you get a share of the company ( which is normally worth more than the profits)
OR
You get the profits only and no stake in the company.bysacha
All right ! I will correct that part ! Thank you ๐
Crypto_Kerel
One thing in the thread you wrote: you gain the RWA Yield OR the Governance token, not both. Essentially think of it like: We make "profits" these profits are kept in the company, and you get a share of the company ( which is normally worth more than the profits) OR You get the profits only and no stake in the company.
Max
07/12/2024 at 12:07:54 EDTalso we encourage you to share it more on other communities and socials ( as everything here already knows Usual and probably has a ref code)https://x.com/Crypto_Pilote/status/1811777869728612461
Aujourd'hui je vous parle de @usualmoney, un nouveau stablecoin ร la croissance explosive ๐งจ Lancรฉ le 10.07 vous รชtes early et il y a un airdrop ร la clรฉ. Je vous dรฉvoile ma stratรฉgie ร la fin ๐ฎ Je sais que votre temps est prรฉcieux alors voici un rรฉsumรฉ du projet ๐งตโฌ๏ธ
 on X_.089a4941-d251-4fd0-a740-feeff4839901.jpeg)
 on X_.8a1a568d-8edf-446e-bacf-520173d7f426.png)
Twitter โข 07/12/2024 11:01:20 EDTalso we encourage you to share it more on other communities and socials ( as everything here already knows Usual and probably has a ref code)
Crypto_Kerel
sure sounds ok as long as it's not the first thing.
can we just farm pills in galxe without investing in LP pools , or galxe pills campaign are just bonus campaigns for LP pools investersCrypto_Kerel
it will be bonus Pills, you need to have a minimum interaction in the protocol to be eligible for the Galxe XP to be transferred to Pills. They're easy to do so we recommend doing the quests but obviously the best Pills rewards will always be with USD0++ and LPs.
you can share it here if you want there's no problem for that, just no ref code directly here ๐bysacha
There is a ref code in the thread, sounds good ?
TanungNi
can we just farm pills in galxe without investing in LP pools , or galxe pills campaign are just bonus campaigns for LP pools investers
Crypto_Kerel
you can share it here if you want there's no problem for that, just no ref code directly here ๐
bysacha
I made a thread on Twitter about Usual in French, were can I share it ?
toyo11#7739
07/12/2024 at 11:50:26 EDTnice
Robo-Odin
This API is like Kerel, norest.
Milan
Poor API - REST or RESTful ?
Takes time. Can be hours.
Robo-Odin
Gotta get that early alpha.
Crypto_Kerel
today left is turtle, and the balancer pool.
it'll come next week
Crypto_Kerel
haha you checked the pools, i haven't even announced it yet ๐
Crypto_Kerel
my pleasure, don't hesitate if you have mroe questions ๐ . also we're working on an onboarding article and video to explain it all, jsut overwhelmed a bit now with the sheer amount of people coming in but we're working hard on it guys ๐ฅ
Robo-Odin
And FXUSD pills. But they're getting bribe fees already.
1,000 USD0 in the pool gives you: 3,000 daily pills. and a share of the 5 instant bonus pills for every USD0++ minted, and the curve fees for liquidity.
harvey_maomao
i see ,thanks so much
Robo-Odin
Gotta get the gho pills up.
Crypto_Kerel
1,000 USD0 in the pool gives you: 3,000 daily pills. and a share of the 5 instant bonus pills for every USD0++ minted, and the curve fees for liquidity.
your example gave 500, it's 1,000
Crypto_Kerel
no if you hold 1000 USD0++ or 1,000 USDO in the USD0/USD0++ pool you get the same
Robo-Odin
It isn't.
bysacha
How many pills will be distributed ?
harvey_maomao
my point is holding lp is lower than usd0+?
Crypto_Kerel
Hey gm Roi, was everything ok for you since yesterday? did you check the announcement?
Crypto_Kerel
no if you hold: 1,000 USD0++ and 500 in LP you'll get that everyday
Roi270
gm
yes so a total of 4,500 per day at least in this case.
plus the instant bonus pills if you did USD0 one sided, check the announcement for details ๐harvey_maomao
yeah, the fist day maybe 4500, but after that will be 1500?
Crypto_Kerel
well it's the last days average, i expect it's lower now but still very very consequent.
Crypto_Kerel
that's not minting. minting is Buy ehanced T-bills on the dApp.
KomandanOyen
now 27x ๐
mas_iian
Thanks
did you swap or mint? also do note than it takes time for the pills to be displayed ( about an hour or two sometimes)
soros
swap in curve
Crypto_Kerel
did you swap or mint? also do note than it takes time for the pills to be displayed ( about an hour or two sometimes)
soros
how come i did not get 5 pills instant for minting?
if i hold 1000 usd0+, i can get 3000 pills per day. if i change to 500 lp, so i can get 1500 pills per days, right?Crypto_Kerel
yes so a total of 4,500 per day at least in this case. plus the instant bonus pills if you did USD0 one sided, check the announcement for details ๐
soros
noted thannks
Crypto_Kerel
noneed no, it's automatically counted for the pills normally.
agatha
Yes why not?
soros
i already deposited
do i need to stake on curve pool?
harvey_maomao
if i hold 1000 usd0+, i can get 3000 pills per day. if i change to 500 lp, so i can get 1500 pills per days, right?
alamin
Yes feel free to do that
Crypto_Kerel
Pills you mean? yes 3 base and then bonus pills for each USD0++ minted, yo ucan check my announcement yesterday for some details.
VitalickButtering๐ง
07/12/2024 at 11:22:56 EDTWhere can we swap usd0 to usdc ?
Didi
if we LP using curve app do we get potions?
harvey_maomao
i know , thx
Crypto_Kerel
you get 5 USD0++ immediately when minting, then 3 each day for hodling
will there be a risk of losing somthing when i swap my usdc to usd0 directly on paraswap , bcs Kerel said " BE CAREFUL "Crypto_Kerel
check the slippage and amount essentially. Someone underfunded a uniswap pool( and more more since) so some people didn't look at the amount, still confirmed and got less than they thought. Paraswap just picks up pool and for some reason sometimes picks that one, we since added extra security measure ( but that's why some people can't do the transaction on our UI, we are too strict on security)
TanungNi
ok sir
Robo-Odin
If you are worried, you can directly swap on Curve itself.
The main LP should have little to no slippage.
Be careful of the route.
TanungNi
will there be a risk of losing somthing when i swap my usdc to usd0 directly on paraswap , bcs Kerel said " BE CAREFUL "
Robo-Odin
From minting USDO to joining the curve LP.
Crypto_Kerel
if you remove ALL your positions then yeah, so jsut keep a little in.
Robo-Odin
Gwei is 7 right now. I did all the work yesterday at 6 gwei for $14.
As long as you hold at least 1 USDO++ it should hold your multiplier.
harvey_maomao
if i remove the lp ,should the multiplier go back to 1
muhtase
can you tell me how to do that ? what i need to do first at curve ?
Crypto_Kerel
you mean gas? depends on the gwei, i think someone did it when it was low yesterday and the total was under $10. but it should be a bit higher now. it would tel lyou in advance though.
Crypto_Kerel
Well it's a liquidity pool between two stables, so it's the lowest liquidity risk you can take. not nonexistant just the lowest you have.
Crypto_Kerel
they will get you something at the end of the Pills Campaign ( no multiplierfor that though), it's easy tasks so we recommend doing them all, but the best wayto contribute it to do TVL, liquidity, also everyone remember to send your ref code outside to the world, friends family and communities, you can earn 10% of their pills as a Bonus. ( and not just in our own ref code channel ,that's very limited reach)
soros
expected eth to have when swapping?
Crypto_Kerel
nono, for the best reward only add USD0, do it one sided.
approve does nothing? you can try on curve as Robo said, be sure to give one sided USD0 for the best rewards. ( the bonus)Deleted User
07/12/2024 at 11:10:10 EDTIf you can tell me more about the expected apy, maybe I'll change my mind ๐ On the website it's currently blurred in the drug store
Robo-Odin
There is always smart contract risk and IL risks. But since both are stables, should be fine for the IL.
Srsiti
any risk of add lp?
SkidiSkidi๐พ๐ก CLONE Reddio
07/12/2024 at 11:08:25 EDTPoint in galxe for what?
harvey_maomao
thx
Robo-Odin
I ended up issuing usdo++ first. Then going to curve to LP it. Not as ideal for LP tokens or time. But ended up with bit more pills.
Crypto_Kerel
approve does nothing? you can try on curve as Robo said, be sure to give one sided USD0 for the best rewards. ( the bonus)
Robo-Odin
Right now the USD0/USD0++ LP. Has bonus pills.
If it doesn't work here. Might be worth going to curve directly.
harvey_maomao
which one is better for pills?
harvey_maomao
what's mean for lp? why 27x ?
Crypto_Kerel
for the bonus part check in the announcement channel it's explained there ๐
Crypto_Kerel
better than Usual? ๐ฒ Jokes aside yeah diversification is always the best strat.
@Emr21 ref codesonly in the # Channel Not Found please ๐
Crypto_Kerel
actually it's because we added security measure for slippage and amounts. Some people underfunded extra pools and that gets picked up by paraswap so to protect you guys we added new security but it means it sometimes fail for some people.
USD0++ gives you $USUAL.
$USUAL gives you ownership and protocol value. It's like if you owned a slice of tether. would you like that? ๐ค
Puzzithinker
Thanks
Crypto_Kerel
it works for most, we're just toooo popular, we didn't expect to take off the way we did๐ , but yes they are fixing it right now.
soros
already paid gas for approval
no make sense for me to go to curve or paraswap to swap if i can do it here
USD0 buys T-bill
sDAI buys T-bill too
What is the advantage of usual over MakerDAO sDAI?
soros
why have the feature if it doest work??
are yall planning to fix it??
Crypto_Kerel
you can swap directly on curve or paraswap but as i just wrote above be very careful.
Puzzithinker
USD0 buys T-bill sDAI buys T-bill too What is the advantage of usual over MakerDAO sDAI?
Robo-Odin
You can also just swap on curve directly.
Deleted User
07/12/2024 at 10:55:58 EDTNot too much capital rn bcs there so many opportunities in derfi currently, but the LP is yielding gud pills ๐
Robo-Odin
Deserved!
soros
click confirm nothing happens
i cant deposit
Crypto_Kerel
whatare you at?
Crypto_Kerel
Haha, hey pioneer octo. got some sweet pills today?
SOme people started some pools with bad liquidity and sometimes paraswap uses them so you might get done on the swap, always double check the amount you get.
Crypto_Kerel
Other solution is to try directyl on paraswap but BE CAREFUL, we add some security features that paraswap doesn't have for the slippage and particularly for the amounts.
TanungNi
ok sir lemme try that
Crypto_Kerel
You can try refreshing, clearing you cache and cookies ( remember the password).
no i'm here.
Srsiti
refresh the page
TanungNi
should i dm him
agatha
Sir @Crypto_Kerel will help you
TanungNi
i cant click confirm
Jspacnome
hi
Srsiti
ok
Crypto_Kerel
for which LP? USD0/USD0++ ? yes we actively recommend providing one side USD0
no right now we have limited the number of accepted assets to prioritize security, we're on a parabolic tengent already we don't compromise about security ( same reason cross chain is coming later not now).Srsiti
can i add 1 side lp?
Crypto_Kerel
But we for sure will add more assets and chains as we go along ๐
no right now we have limited the number of accepted assets to prioritize security, we're on a parabolic tengent already we don't compromise about security ( same reason cross chain is coming later not now).
you can withdraw it for USD0, and then swap it back to USDC anytime to be precise ( do use the curve pool for that, withdraw is only USYC.Srsiti
ethena usde not available?
Crypto_Kerel
you can withdraw it for USD0, and then swap it back to USDC anytime to be precise ( do use the curve pool for that, withdraw is only USYC.
sorry was unclear, only hodling is no point, USD0++ you get points. buy enhanced T-Bills to get them.soros
so if i provide liquidity for usd0/usd0++ i can withdraw it for usdc anytime?
Robo-Odin
People that read docs have a skill advantage.
Crypto_Kerel
depends for whom ๐
Crypto_Kerel
sorry was unclear, only hodling is no point, USD0++ you get points. buy enhanced T-Bills to get them.
Robo-Odin
Oh, easier then.
Crypto_Kerel
To swap you can use the curve pool. to mint you can use "Buy enhanced T-Bill" in the Desk.
omaiwa11
How to check point from only hold usd0?
You earn points by minting usd0, and can earn more by converting and holding usd0++. And you can get even more by LPing it.Crypto_Kerel
nope ronbo, no points for USD0 in the Pills Campaign, only USD0++ or liquidity ๐
you swap your USD0++ for USD0, so the USD0++ remains locked for the counterparty, you just get USD0 in exchange.Srsiti
how to swap usd0++
Robo-Odin
You earn points by minting usd0, and can earn more by converting and holding usd0++. And you can get even more by LPing it.
Crypto_Kerel
correct, no points for hodling.
Crypto_Kerel
you swap your USD0++ for USD0, so the USD0++ remains locked for the counterparty, you just get USD0 in exchange.
Srsiti
get
Crypto_Kerel
find it in the links we sent just above, don't trust contracts shared on chats.
CLONE | Alvarendra | Nowchain
07/12/2024 at 10:34:21 EDTGreat
omaiwa11
Hello, only hold usd0 got point or not?
Srsiti
@Crypto_Kerel can i use ethena usde?
soros
if it can be swapped anyttime
soros
when is it locked then?
you can just hodl USD0++ and it'll give you 3 pills per day ( plus 5 for instant minting).Srsiti
contract address plesse
Crypto_Kerel
you can just hodl USD0++ and it'll give you 3 pills per day ( plus 5 for instant minting).
@YipYip did you listen in the Space? did that help answer your questions?
Crypto_Kerel
yes, but liquid as swappable at anytime for USD0
https://linktr.ee/usualmoney our linktree. FOr the contract you can find it in the place robo shared or our linktree, don't ask for links in general in communities only ever trust official sources/documentation ๐
Robo-Odin
Here you go, comrade. https://docs.usual.money/usual-products/usd0++-enhanced-tbill
Crypto_Kerel
that's the bonded version of the USD0, that's how you earn Pills or by providing liquidity in our official pools.
Srsiti
@Crypto_Kerel can i get usdo contract address please
Srsiti
what ++
Robo-Odin
Hold USDO++ without LP.
Robo-Odin
You can swap out at the curve LP.
Srsiti
@mod without add lp i can earn pills?
soros
usd0++ is locked for 4 years??
Crypto_Kerel
also figthing to get some marketing pockets for ambassadors in there ๐ฅ
what does that mean? can you explain please? what is percentage of the fdv would be minted at tge?Crypto_Kerel
7.5% of the minted $USUAL will be given i nthe airdrop. The rest is what is to be disbursed with vesting among the different reward programs like liquidity provision, HODLing USD0++
bitcore33
If I keep a small amount of money can I keep all the multiples?
Crypto_Kerel
Hey guys, back sorry just finished the X Space, do ask your questions again if anything is left unanswered. i'm stil lworking on the side so little time to scroll up now but will later.
of the $USUAL minted at TGE, the rest will be used for compensation after TGE instead of the pills ( do note the airdrop wil ltake a little bit of time and not right after TGE).
There's also 0.66% given for Boosted communities ( they would get 10% Extra $USUAL essentially.E S
what does that mean? can you explain please? what is percentage of the fdv would be minted at tge?
Andri sแmanik
How to get role usual og ?
Robo-Odin
Mainnet eth, yeah.
Kzl-CLONE
07/12/2024 at 10:06:07 EDTDeposit usdc network eth?
Robo-Odin
So, probably best to leave at least 1 USDO++.
Yep. You keep your earned pills up to that point.
bitcore33
If I withdraw part of it halfway through I lose all the bonuses?
CrytoCraze
i think there something wrong with max on withdraw side when I click it is not match with my balance, example I have 300 usd0 then click max the output is 599838393939
etherisking
anyway we ll keep this about usual
Nice, i really like the project but token didnt do so good
Robo-Odin
Opal also invested in Usual.
Robo-Odin
I am everywhere.
Robo-Odin
That, I do not know. Thats a different phase.
Based
how to get WL?
Robo-Odin
Here to help!
Robo-Odin
But for LPs on curve anyone can.
Robo-Odin
Thats for the RWAs that people can deposit, which right now is WL.
You can check the USDO++ pool directly. https://curve.fi/#/ethereum/pools/factory-stable-ng-189/
Based
only whitelisted address can provide liquidity?
alamin
Closed for now
Robo-Odin
Go to curve and check out pools.
Fearrenear
Seem like the network is very busy huh
mas_iian
Can u share to me how to see on curve?
MudaMuda
?
MudaMuda
Curve indeed shows your position
Robo-Odin
Yeah, give it some time.
Robo-Odin
But yeah, it takes a bit of time to reflect.
The liquidity I added appears to be 0. When I want to withdraw, I can't. is everything ok?Robo-Odin
Go to curve and check.
0xBudleigh
The liquidity I added appears to be 0. When I want to withdraw, I can't. is everything ok?
Robo-Odin
Gwei is cheap, so not a major deal at the moment. 
Then do it all on the UI.
Robo-Odin
Well, if you are worried about it. Same steps. Go to curve LP and swap back out.
But you can swap out of it for full value.
USDO++ is showing as 0 value on debank and the like because its not been updated.
mas_iian
But my whole provide lp become zero ๐
MudaMuda
How to get pioneer role?
Curve does all the work, yeah. Its the exact same thing as using the UI but a different token.Robo-Odin
Leak the alpha in the space!
Can we tease or hint at next LP partner?
You will get a bit of slippage compared to having 50/50. But not much.
Curve does all the work, yeah. Its the exact same thing as using the UI but a different token.
etherisking
So I can single side lp the USD0++ in curve front end and still get same rewards?
Robo-Odin
Just the pool directly to save gas. Instead of swapping back, then joining pool again.
Fearrenear
Go to curve finance. You can swap your USDO++ to USDO there
Robo-Odin
You can join the pool with curve directly.
etherisking
How to get out of USD0++ so I can lp USD0 into the USD0/USD0++ pool
Yeah i never unstaked it, but to make sure if provide lp can make a loss on asset or not like providing lp pair on dexCrypto_Kerel
it's stablecoins both ways, so yes very little IL.
Yeah i never unstaked it, but to make sure if provide lp can make a loss on asset or not like providing lp pair on dexFearrenear
Add lp for stable coin pair have almost zero if not low risk of impermanent loss,
mas_iian
Yeah i never unstaked it, but to make sure if provide lp can make a loss on asset or not like providing lp pair on dex
alamin
Check your connection
Robo-Odin
Atleast zendegen sounds normal.
Nope. Sounds normal to me.
jormpt
anyone else having a hard time hearing the spaces? volume seems super low
Crypto_Kerel
might but staked or unstaked. But it's all on chai nyou can find it no worries ๐
come on the X space if you want to hear more: https://x.com/i/spaces/1lPKqOEwpMNJb
there's a delay, we're too popular. also make sure you are on the proper Eth network, not another onemas_iian
It's balance appear on usual protocol bond, but on curve protocol LP it's zero
Crypto_Kerel
the future Tether 10X, that gives YOU ownership of the protocol ๐
But it display total LP pills 3M , but my balance positions is zero. Is it the mechanism or just delayed display?Crypto_Kerel
there's a delay, we're too popular. also make sure you are on the proper Eth network, not another one
Robo-Odin
Especially if you got the pills already.
Robo-Odin
Lots of people hitting that API. So gonna take a bit to update.
mas_iian
But it display total LP pills 3M , but my balance positions is zero. Is it the mechanism or just delayed display?
Mama
07/12/2024 at 09:22:29 EDTWhat this project?
Yow
Robo-Odin
It takes a bit of time to reflect your balance.
alamin
Correct!
mas_iian
Hrllo.i wanna ask. I provide liquidity but now my position is zero. Why?
alamin
Advisably you can keep at least one to avoid your multiplier being reset
If you withdraw your entire liquidity or USDO++, you would get all the pills you earned but will reset your multiplier
KonImperator
07/12/2024 at 09:17:13 EDTRight, so as long as I have any funds in the pool, the multiplier stays
alamin
If you withdraw your entire liquidity or USDO++, you would get all the pills you earned but will reset your multiplier
Milan
LFG!!
Robo-Odin
As long as you have one USDO, you earn multiplier.
KonImperator
07/12/2024 at 09:13:22 EDTAlso if we add funds to our LP do we get our multiplier reset?
Question about multipliers. If we have LP in 2 pools and pull them from one, do we get our multiplier reset?
Hanzo Z. Hazashiโ
07/12/2024 at 09:09:20 EDTWant to get to know the Team behind usual ? Want your questions answered? Join the Twitter AMA https://twitter.com/i/spaces/1lPKqOEwpMNJb
alamin
Hey guys, we just started our AMA on X Space join us to hear everything you need: https://x.com/i/spaces/1lPKqOEwpMNJb
Hello Mark, we have already been contacted by P2B but thank you for showing extra interest, we're on our way up ๐ .
Crypto_Kerel
for anyone that wants to hear our DEO and deWhales or has any question they want to ask
Capt ๐
lets go
Crypto_Kerel
GladiSila
Got it. So, I can mint USD0++ if USD0 share in the pools is bigger, after swap it to USD0, after swap USD0 to USDC, after make this move again
KonImperator
07/12/2024 at 08:57:47 EDTGot it, ty
Crypto_Kerel
Curve has their vAPY due to the fees, i think it's 3% daily someone put earleir today.
and only if the USD0 is bigger than the USD0++ in the pool.
Got it, so, I can do that with USD0++? As there is a pools on Curve. So, the way is: USDC to USD0, LP it to USD0-USD0++, sell this LP, do these steps againCrypto_Kerel
you only get Pills for minting USD0++, not swapping to it.
KonImperator
07/12/2024 at 08:56:01 EDTIs there any projected APR for the LP pools?
Capt ๐
btw bro people can issue usd0++ for pills, and they swap it on curve, and mint usd0 -> issue usd0++, and repeat again. What do you think?
You are incentivised to hold for long term so why do you want to spend fee on ETH mainnet instead of just holding USD0++/ LP and waiting ?GladiSila
If any USD0++ mint is rewaded with Pills such strategy might be more profitable
Got it, so, I can do that with USD0++? As there is a pools on Curve. So, the way is: USDC to USD0, LP it to USD0-USD0++, sell this LP, do these steps againbysacha
You are incentivised to hold for long term so why do you want to spend fee on ETH mainnet instead of just holding USD0++/ LP and waiting ?
GladiSila
Got it, so, I can do that with USD0++? As there is a pools on Curve. So, the way is: USDC to USD0, LP it to USD0-USD0++, sell this LP, do these steps again
Guys, am I right that I can swap USDC to USD0 with your frontend, after change it to USDC through Curve, after swap it to USD0 through Usual again and farm pills this way?bysacha
You can do it if you want to give me fees for my LP position haha
Guys, am I right that I can swap USDC to USD0 with your frontend, after change it to USDC through Curve, after swap it to USD0 through Usual again and farm pills this way?Crypto_Kerel
you get no pills for holding or minting USD0, only USD0++.
GladiSila
Guys, am I right that I can swap USDC to USD0 with your frontend, after change it to USDC through Curve, after swap it to USD0 through Usual again and farm pills this way?
bysacha
No min sir
where does it say to not broadcast it? You go the genesis code and page? you can use the graphics asolutely, I worked for weeks so you could use it and make it understandable please use it ๐ . just don't broadcast the page itself is all.agatha
Whats minimal to mint usd0?
right now we already have a CM that will be onboarding in a few days/weeks. Then it's a matter of raising again to be able to expand.
Remember we don't charge fees and we give 90% back to the community ( and 6% to the investors) so we'll always won't have a crazy big team, but rather count on you to help us as it's your protocol now ๐ .I am writting a thread about how usual works. I wanted to add pictures from the docs but it says that we cannot broadcast it. Can I use to illustrate dynamics of protocol it or it would not be allowed ?Crypto_Kerel
where does it say to not broadcast it? You go the genesis code and page? you can use the graphics asolutely, I worked for weeks so you could use it and make it understandable please use it ๐ . just don't broadcast the page itself is all.
bysacha
I am writting a thread about how usual works. I wanted to add pictures from the docs but it says that we cannot broadcast it. Can I use to illustrate dynamics of protocol it or it would not be allowed ?
Crypto_Kerel
right now we already have a CM that will be onboarding in a few days/weeks. Then it's a matter of raising again to be able to expand. Remember we don't charge fees and we give 90% back to the community ( and 6% to the investors) so we'll always won't have a crazy big team, but rather count on you to help us as it's your protocol now ๐ .
YipYip
how can it be liquid yet locked?
but on partnership with Hashnote: USYC is the on-chain representation of the Hashnote International Short Duration Yield Fund Ltd. ("SDYF"). it says that USD0's collateral is backed by secure, short-term assets like US Treasury Bills through overnight repos, adhering to Usual's stringent risk policy.Crypto_Kerel
USYC is how to issue USD0 ( we just do it for you from USDC ad GHO). USD0++ is the locked version of USD0, it's locked for 4 years but liquid and swapable at anytime back for USD0. We provide very good incentives for liquidity provision ( for example one-sided USD0 provision in the USD0/USD0++ pool gives you 3 base pill + 5 bonus for the whole pool for every USD0++ mint.)
Thanks Bysacha, now it's a question of scaling the team so we can sleep ๐ , but yes we're on fire and intend to keep going upupup.bysacha
What type of profile are you looking for ?
Thanks Bysacha, now it's a question of scaling the team so we can sleep ๐ , but yes we're on fire and intend to keep going upupup.agatha
Gmgm mates
Thanks Bysacha, now it's a question of scaling the team so we can sleep ๐ , but yes we're on fire and intend to keep going upupup.bysacha
Launches are always very intense ! Take care team we need you a bit more haha
Crypto_Kerel
Sorry we're prepping for the AMA guys, so won't answer much or the coming hour, but feel free to come onboard and ask all your questions there, it's an X space in 20 minute and you can put your questions in # Channel Not Found
Tenzing
You just wait ๐ It grows over time
Ficko Z
I want to ask, how to add a multiplier, I only get 1.01x
Tenzing
Yeah they get priority for the time being
but on partnership with Hashnote: USYC is the on-chain representation of the Hashnote International Short Duration Yield Fund Ltd. ("SDYF"). it says that USD0's collateral is backed by secure, short-term assets like US Treasury Bills through overnight repos, adhering to Usual's stringent risk policy.YipYip
Hi, could I get a ping on this thank you very much
Capt ๐
not the current time, i only saw withdraw to usyc
Ficko Z
ouu okaii sir
Crypto_Kerel
but they're liquid and you can sell at anytime back to USD0
alamin
You are to get pills rather which will transform to $USUAL
Tenzing
I believe so yes
Capt ๐
can we withdraw back from usd0 to usdc?
Capt ๐
yes, you get pills for usual airdrop
Ficko Z
ooh alright thanks sir
Tenzing
Yes based on their % of total pills
Ficko Z
all usd0++ holders both in liquid/bond get $USUAL correct?
YipYip
does it not mean overnight? Pls correct me if I am wrong thanks!
Tenzing
Yes but you can sell at the market price at any time
YipYip
^ From your docs, saying that Tbills are overnight repos
YipYip
but on partnership with Hashnote: USYC is the on-chain representation of the Hashnote International Short Duration Yield Fund Ltd. ("SDYF"). it says that USD0's collateral is backed by secure, short-term assets like US Treasury Bills through overnight repos, adhering to Usual's stringent risk policy.
lennzb
bonds have 4 year lock-up??
Capt ๐
4 month bro
Tenzing
yeah
YipYip
this is for the t-bills correct?
yes, if you did USD0 one sided via the app, you even get a few bonus pills when people mint USD0++ ( incentivizing liquidity)Ficko Z
get $USUAL right? , just leave USD0 during the pills period? around 6 months?
I understood this and read the docs already, just confused about how there is already USD0 on curve pool and how I can sell on secondary market with 4 years locked periodTenzing
The lockup is only for the bonds I believe
YipYip
thanks for your help ser
After that the rewards wil be in $USUAL and/or the yield, you can claim your $USUAL at any time you want, but if you do you can only claim $USUAL for the 6 months period. if you wait after 6 months if you don't claim any $USUAL then you can claim the underlying asset ( i nthis case USD0). so that's what we call risk-free-ownership. or BIG: https://docs.usual.money/usual-products/usd0++-enhanced-tbill/base-interest-guarantee-bigYipYip
I understood this and read the docs already, just confused about how there is already USD0 on curve pool and how I can sell on secondary market with 4 years locked period
lennzb
ethena
does anyone remember implied yield for holding USDE?
Crypto_Kerel
yes, if you did USD0 one sided via the app, you even get a few bonus pills when people mint USD0++ ( incentivizing liquidity)
Crypto_Kerel
right now it's in Pills, 3Pills per day for USD0++, and 3 as base for USDO/USD0++ + bonus if you provided in one sided as USD0 ( automated using our app, check if using curve)
After that the rewards wil be in $USUAL and/or the yield, you can claim your $USUAL at any time you want, but if you do you can only claim $USUAL for the 6 months period. if you wait after 6 months if you don't claim any $USUAL then you can claim the underlying asset ( i nthis case USD0). so that's what we call risk-free-ownership. or BIG: https://docs.usual.money/usual-products/usd0++-enhanced-tbill/base-interest-guarantee-big
Ficko Z
I did mint on liquidty not on bond, will I get an airdrop the same way?
lennzb
can anyone let me know what is the implied yield for minting USD0++ and lping?
Maybe I don't understand completely, so if I hold 100 USD0++, and I hold for 6 months, I could choose my rewards (for the 6 months) either in $USUAL or yield from the T-bills.
I then exit by swapping out my USD0++ for USD0 and then USDC. But my USD0 is still locked? Why is it still locked and the USD0 that I am holding is orginally from whoPeople can remove the TVL if they want but they do not have to.
Also USD0 is simply our first synthetic, we will have more as time goes on.YipYip
I see, thanks alot man, just trying to understand the protocol fully!
Maybe I don't understand completely, so if I hold 100 USD0++, and I hold for 6 months, I could choose my rewards (for the 6 months) either in $USUAL or yield from the T-bills. I then exit by swapping out my USD0++ for USD0 and then USDC. But my USD0 is still locked? Why is it still locked and the USD0 that I am holding is orginally from who
Crypto_Kerel
We work as a RWA aggregator, and us such can scale up very very well much better than Ethena as they have limitation ( and leverage), and could be much bigger than tether.
Crypto_Kerel
People can remove the TVL if they want but they do not have to. Also USD0 is simply our first synthetic, we will have more as time goes on.
You can sell back to USD0 at anytime thanks to the USD0/USD0++ pool, but the USD0++ will only be unbondable after 4 years ( meaning our TVL can only go up for 4 years).YipYip
what is the game plan for Usual after 4 years then? Since all TVL in 4 years will be gone
Tony Maestro
07/12/2024 at 08:18:55 EDT๐๐๐
Poulsen
Eindbaas
Eindbaas
making points, so all good
MadSocks
lovely
Eindbaas
didnt change tho
Eindbaas
yeah
MadSocks
you just unstaked through curve yeah
Eindbaas
It did count in the total deposit, but just unstaked to be sure.
MadSocks
in the transaction detail it says deposit and stake on my side aswell
Crypto_Kerel
can you provide a bigger screenshot to show me where you see this.
MadSocks
oh no...
yeah it takes some time, our tech guys are hard at work, we wanted to be going up but didn't expact to go that high that quickly ๐ฅ , so we're improving the infrastructure, calculations, etc.
But your position are on-chain and so calculated properly it's just our UI that's being overwhelmed.MadSocks
lovely, youve been amazing mate. Im sure youre already writing up a quick FAQ with all these questions answered. goodjob buddy
correct, staking does nothing ( not sure but it might even mean we don't see you as having them anymore and thus not have pills, so best to avoid altogether.)sweet mate, final question for me. is there a delay or something on the LP pill per day cause i have the LP but it doesnt seem to registerCrypto_Kerel
yeah it takes some time, our tech guys are hard at work, we wanted to be going up but didn't expact to go that high that quickly ๐ฅ , so we're improving the infrastructure, calculations, etc. But your position are on-chain and so calculated properly it's just our UI that's being overwhelmed.
correct, staking does nothing ( not sure but it might even mean we don't see you as having them anymore and thus not have pills, so best to avoid altogether.)MadSocks
sweet mate, final question for me. is there a delay or something on the LP pill per day cause i have the LP but it doesnt seem to register
Crypto_Kerel
no should be the same.
first thing is that bonus is a moving average of what was given before, so it's an expectation. It's instant pills so doesn't appear in the daily pills. So you'll probably get less than that but still have a very good bonus compared to just the base, and the bonus will probably decrease day after day ( but always with 3 base)
because more people join the liquidity pool and/or less people minted USD0++ ( it's 3 base + a bonus for the entire pool when someone mints).
Deetol
If i join in 25 bonus, is it still same or change if another people join
Morty200
why is that
Theres no points staking the LP tokens on Curve yeah since there are no Rewards Incentive yeah?Crypto_Kerel
correct, staking does nothing ( not sure but it might even mean we don't see you as having them anymore and thus not have pills, so best to avoid altogether.)
MadSocks
Theres no points staking the LP tokens on Curve yeah since there are no Rewards Incentive yeah?
Tenzing
Yes
Crypto_Kerel
because more people join the liquidity pool and/or less people minted USD0++ ( it's 3 base + a bonus for the entire pool when someone mints).
As I just said yes, or providing LP in our official pools like the USD0/USD0++ curve pool.Crypto_Kerel
As I just said yes, or providing LP in our official pools like the USD0/USD0++ curve pool.
Deetol
Why the bonus pills are decrease?
on Usual we make sure you get the one-side USD0 that gives you the best benefits, if you do it on urve just be ceraful to one side on USD0.MadSocks
Do i still get the yield from curve or no?
You need to bond USD0++ yes, or provide liquidity, just hodling USD0 doesn't give you pills.
Wong Kere
07/12/2024 at 07:55:21 EDTbonding USD0++ is required to earning pills?
Crypto_Kerel
on Usual we make sure you get the one-side USD0 that gives you the best benefits, if you do it on urve just be ceraful to one side on USD0.
MadSocks
seems like the LPs are different as Curve doesnt recognise the LP tokens from Usual
Crypto_Kerel
You need to bond USD0++ yes, or provide liquidity, just hodling USD0 doesn't give you pills.
MadSocks
whats the difference between LPing on Usual and Curve?
Wong Kere
07/12/2024 at 07:53:51 EDTi mint USD0, do i need to bond USD0++ to earn pills? or just hold USD0
Milan
Bruhh ๐
Erhnns
07/12/2024 at 07:50:46 EDTOwh sorry, its wrong channel ๐๐๐
Robo-Odin
It's a clever one. Acting like only 500 spots left.
Erhnns
07/12/2024 at 07:49:30 EDTI mean booleans role
Halwa_
Hi
Crypto_Kerel
oh yeah no itt's another one, damn
Crypto_Kerel
i did put one after i was told to, is it not that one?
Milan
Boolen roles ?
I know Curvance does a manual verification like a waiting room before letting people in . Haven't seen us needing this yet but we're still early .
Erhnns
07/12/2024 at 07:47:11 EDTHow to get boolen roles ?
Robo-Odin
My entire thesis right now is stablecoinfi.
Tony Maestro
07/12/2024 at 07:46:50 EDTHello bro
We are early
Erhnns
07/12/2024 at 07:46:40 EDTHalo
Milan
Yeah these spammers / scams do tend to target twitter comments s lot.
Robo-Odin
There's already a spam last message in that thread. Gotta report it on Twitter.
Now my friends are asking me about it
Usual is blowing up fast in socials too
Milan
Haha yes ! CM coming soon, I'll definitely keep active , learn and help more and let you guys decide ๐ค
Robo-Odin
And it means Kerel can get sleep.
we'll have mods for that, you could apply for it. but will be up to the ful ltime CM once he starts.Crypto_Kerel
but i can push him to you and hanzo for sure ๐ .
we'll have mods for that, you could apply for it. but will be up to the ful ltime CM once he starts.
Milan
Oh thank you , that's nice of you
Milan
Haha nah ๐. I think I would be terrible
Robo-Odin
Milan, you're applying for the Cm. Right????
Crypto_Kerel
and then lovely ambassadors who will help us to ๐
but need a bit of time for that, strechted thin right now, ate bread and water yesterday ๐Milan
Take care of your health as well mate ๐ซกโค๏ธ
Crypto_Kerel
yeah i know, we can just try our best with articles, videos, infographics, intenral comm (banner, pop up, emails), and bots here.
Milan
I know a few discords have used this
yeah once we get the full time CM, i want to work with him for ambassador and open local community and work on content ( memes, articles, etc.) I'll focus on educational steps and intenral communications after ( banners, pop ups, emails, etc. as i think many people are not checking socials that often).Milan
A minor suggestion to help you guys, we should have a bot that detects user common questions in # Channel Not Found and it will reply with a common answer
Robo-Odin
I love dewhales. Their researchers are solid.
Awesome.
Here or on Twitter?
Crypto_Kerel
it's an X space: https://x.com/usualmoney/status/1811722887197294926
๐ข Ask Us Anything! After just 2 days: ๐ $16M+ in TVL ๐ฅ Nearly $30M in liquidity ๐บ 1M views on our launch announcement ๐ฆ Thousands of new users You must have questions, and we're excited to answer them! Join our DEO @AdliTB and the amazing @DreDrinkDrunk from our
Twitter โข 07/12/2024 07:22:51 EDTand if you guys want you can hear than advanced AI in 1h30, we have an AMA with our DEO and dewhales ( our biggest contributor community), so join in.
yeah once we get the full time CM, i want to work with him for ambassador and open local community and work on content ( memes, articles, etc.) I'll focus on educational steps and intenral communications after ( banners, pop ups, emails, etc. as i think many people are not checking socials that often).Milan
Awesome stuff
Crypto_Kerel
very advanced I hope ๐
Crypto_Kerel
yeah once we get the full time CM, i want to work with him for ambassador and open local community and work on content ( memes, articles, etc.) I'll focus on educational steps and intenral communications after ( banners, pop ups, emails, etc. as i think many people are not checking socials that often).
Milan
People need to know you are a human being as well lol ๐
Seeing the chat did you sleep ?
I'll try to write an article detailing everything properly for everyone when i have time. But right now it's only me, so waiting for the full time CM and I'll be working on all this educational mateiral guys.Milan
Usual is blowing up fast , hopefully more people can help you out haha
Crypto_Kerel
though in all cases you do get the Curve vAPY, i'm just talking Pills here.
jer
i did both, and i switched to curve
Milan
Do both or one up to you
Crypto_Kerel
the easiest way is to use the Usual Interface to be sure to get one-sided, but some people are having issues, so in that case if you use curve try to do one sided USD0 only.
one sided USD0 to get the bonus though, double sided is just base, and USD0++ one sided is nothing.Milan
๐ค
jer
is it better to mint in one pool or spread to all?
Yes you will have to provide USD0 in a pool for Curve. It's a community specialised pool to get that bonus I believe.Crypto_Kerel
one sided USD0 to get the bonus though, double sided is just base, and USD0++ one sided is nothing.
I'll try to write an article detailing everything properly for everyone when i have time. But right now it's only me, so waiting for the full time CM and I'll be working on all this educational mateiral guys.Milan
Take your time friend. Thanks for doing your best alone ๐ค
Chain mark
ok
Milan
Yes you will have to provide USD0 in a pool for Curve. It's a community specialised pool to get that bonus I believe.
Vouzy Reddio
07/12/2024 at 07:29:12 EDTGm
Crypto_Kerel
no it's being fixed for everyone regardless.
I'll try to write an article detailing everything properly for everyone when i have time. But right now it's only me, so waiting for the full time CM and I'll be working on all this educational mateiral guys.
no, everyone had a little bit extra but it's getting fixed ( but since it was for everyone it was fair, take it as an added early entrants bonus).
Psych
So if I had not converted my position I would haad the 2500 per day ,
Crypto_Kerel
check the announcement it's explained there, i think 3 announcements ago.
MadSocks
So currently the orderbook is empty, does that mean i cant instantly mint new usd0 with usdc?
jer
hey milan, can you explain the 29x/day bonus when providing lp?
Milan
Transparency is key and that's all they've given so far ๐ค๐
Milan
No 90% community like it says. No tricking at usual money
I just stumbled upon this project while doing reasearch and liked it. Not a VC and didn't know these guys. Still was included in the pioneer campaignlennzb
good ๐
Tenzing
I just stumbled upon this project while doing reasearch and liked it. Not a VC and didn't know these guys. Still was included in the pioneer campaign
xyriont
Happy good day all
lennzb
ty
Crypto_Kerel
Actually no VCs there i think, first it was to provide TVL, not invest, and also not the same ballpark figures involved ๐ .
lennzb
thx I am just asking
just do your position *3 is it correct with 2095? then that's good, if you got more before I could remove them if you want ๐ .Psych
If I removed my LP and, did usd0++ I might get the 2500 per day pills back ?
jer
can someone explain how the bonus 29x/day works?
Milan
Applications were open to everyone friend, but you had to know about the project super early
Crypto_Kerel
Or just people who applied to be a pioneer and we though were good a month ago. ๐
just do your position *3 is it correct with 2095? then that's good, if you got more before I could remove them if you want ๐ .lennzb
like friends + vcs? ๐
Milan
๐ค
Tenzing
Just early TVL contributors imo. This included smaller tickets too
Milan
Yes I believe so
Milan
Roles closed , but may be open again later, stay active . More roles coming soon
lennzb
so basically early investors/KOLs?
Milan
Applications are now closed but you had to provide and hold a significant amount .
Capt ๐
how to get usual og role?
before i used to get 2500 pills per day now after turning it to LP reduced to 2095 pills per day.Psych
@Crypto_Kerel
lennzb
how would one become pioneer?
Milan
Deposits were open for Pioneers earlier but for Public - yesterday
etherisking
We at 2 now ๐ wonโt be at laptop for a couple hours though
Tenzing
Public mainnet opened 2 days ago, but there were other campaigns before that that accrued points
Robo-Odin
Yeah. For public.
Robo-Odin
Yeah. Cost me $14 at 6 gwei from start to finish.
lennzb
when did deposits open? Yesterday?
etherisking
Well at least gwei is ridiculously low
Iโm lping USDC/USD0 split atm. Is my best option to remove lp and swap my USDC into USD0 and single side lp that?Iโm lping USDC/USD0 split atm. Is my best option to remove lp and swap my USDC into USD0 and single side lp that?Tenzing
Go for usd0++
etherisking
Iโm lping USDC/USD0 split atm. Is my best option to remove lp and swap my USDC into USD0 and single side lp that?
Crypto_Kerel
just remember to not move everything on your position or you might reset your multiplier ( and it's only a preview now, it takes effect only at the end of the Pills Campaign.)
lennzb
when did deposits open?
lennzb
e.g greenfund.eth, rank 4 is not holding any USDO or USD0++
Crypto_Kerel
XP which will give some rewards at the end of the PIlls campaign, easy quests so go do them, but the best is and wil always be liquidity and TVL ๐
C4den
So we can freely move funds from curve lp to usd0++, without losing any pills right?
Capt ๐
any reward for galxe?
Crypto_Kerel
these Pills will actually be added afterwards at the end of the Campaign, it's way more than that, they put millions for days.
C4den
Thank you sir.
lennzb
shouldnt their wallet show USD0++ then?
Robo-Odin
There was an early campaign for partners.
How can it be that there are guys in top5 leaderboard, who have no active LP positions for USD0?Crypto_Kerel
mint mint mint USD0++.
Robo-Odin
It's an average.
How can it be that there are guys in top5 leaderboard, who have no active LP positions for USD0?Tenzing
The top 5 all have TVL pills
Milan
Yes
C4den
I see. What could the reason of the lap reward going down? More people lping?
Psych
this too must be 3 pills per day right ?
Tenzing
It probably will yes
lennzb
How can it be that there are guys in top5 leaderboard, who have no active LP positions for USD0?
Milan
Yes, that remains at 3 pills per day
Milan
I also dont see total pills, only my pills.
C4den
Will the curve lp reward continue to go down sir?
Psych
before i was only holding usd0++
Psych
i see.
before i used to get 2500 pills per day now after turning it to LP reduced to 2095 pills per day.before i used to get 2500 pills per day now after turning it to LP reduced to 2095 pills per day.Tenzing
That makes sense as the bonus started at like 52x or something and is now down to 28x
Tenzing
I don't even see the total pills. It just shows my total pills
CryptoNinja
Total pills is too much confusing n misleading
you get 3 Pills at base per LP + bonus of 5 pills distributed to the entire pool if someone minted USD0++. so your per day is the base, total is what you got and that includes the bonus.CryptoNinja
But y my total is 818M.. I deposited around 10k
Crypto_Kerel
you get 3 Pills at base per LP + bonus of 5 pills distributed to the entire pool if someone minted USD0++. so your per day is the base, total is what you got and that includes the bonus.
yes and no, check the announcement for details, but the bonus is what was given yesterday and expected for today ( once we have more than 7 days we'll do a moving average) but will probably be lower.Psych
so will i get atleast a million pills by the end ?
lennzb
How can it be that there are guys in top5 leaderboard, who have no active LP positions for USD0?
Psych
another whale.
CryptoNinja
๐คฃ
Crypto_Kerel
yes and no, check the announcement for details, but the bonus is what was given yesterday and expected for today ( once we have more than 7 days we'll do a moving average) but will probably be lower.
Psych
Whale.
CryptoNinja
Even for me it shows 818M
So with providing USDC only to Curve pool I will get this juicy 100$ APR but none of the pills, right?Crypto_Kerel
USDC is good for both regardless if it's done on Usual or Curve
Tenzing
Wait lol, replied too quickly. Can't be right
Psych
so i will get 36M pills ?
Tenzing
No
you get the best rewards if you make sure to provide one sided part we want. on curve you need to pay attention to make sure it's one sided to what we want ( USD0) and you'll get the bestetherisking
Ah shoot I did split lp through curve front end
For USD0/USDC there's no bonus though, and you get 1 Pill regardless of one or two sided.GladiSila
Got it regarding pills, but dont get it regarding using Curve frontend ๐ฆ
you get the best rewards if you make sure to provide one sided part we want. on curve you need to pay attention to make sure it's one sided to what we want ( USD0) and you'll get the bestGladiSila
So with providing USDC only to Curve pool I will get this juicy 100$ APR but none of the pills, right?
For USD0/USDC there's no bonus though, and you get 1 Pill regardless of one or two sided.
toto_v2
and it doesn't matter if I deposit on USD0/USDC from usual UI or curve UI ?
Crypto_Kerel
For USD0/USDC there's no bonus though, and you get 1 Pill regardless of one or two sided.
VitalickButtering๐ง
07/12/2024 at 06:55:04 EDThttps://tenor.com/view/evil-vitalik-ethereum-bad-eth-fud-evil-eyes-gif-27127949
if you do USD0/USD0++ double sided you'll still get the 3 base but not the bonus for exampleVitalickButtering๐ง
07/12/2024 at 06:53:56 EDTI did liquidity on the app and I don't know if it's single sided or double
you get the best rewards if you make sure to provide one sided part we want. on curve you need to pay attention to make sure it's one sided to what we want ( USD0) and you'll get the bestCrypto_Kerel
if you do USD0/USD0++ double sided you'll still get the 3 base but not the bonus for example
Crypto_Kerel
you get the best rewards if you make sure to provide one sided part we want. on curve you need to pay attention to make sure it's one sided to what we want ( USD0) and you'll get the best
Will 10$ keep my multiplier ? And will the multiplier work for the pills generated by usd0/usd0++ pool too ?
Psych
Will 10$ keep my multiplier ? And will the multiplier work for the pills generated by usd0/usd0++ pool too ?
GladiSila
Same question
toto_v2
we don't get pills from curve interface ?
Civi
supp
If I swap back will I loose my pills ? If I don't loose them I will swap back usd0 and use all of my usd0 to add LP usd0/usd0++ throught the Usual interface.Crypto_Kerel
no but you will reset your multiplier if you do swap ALL, so keep some.
staf9551
Hello
Elen
Hi
Didi
i keep getting error when trying to provide LP on your site
Beyabt85
07/12/2024 at 06:46:23 EDTgood day fam
GladiSila
Thank you, but I still dont know the answer on my question) If I do it through Curve interface, will I get pills or not?
this is currently because fo the sheer amount of swapping, it will go down afterwards? You would need to swap back to USD0 to get the pills, do not add USD0++ to the liquidity as you wouldn't get any pills at all. ( one-sided USD0++ 3base+bonus)Psych
If I swap back will I loose my pills ? If I don't loose them I will swap back usd0 and use all of my usd0 to add LP usd0/usd0++ throught the Usual interface.
agatha
Im good sir Can you see my ticket please
Crypto_Kerel
Pretty good Ada, how about you?
The base vAPY says 3%, does it mean I earn 3% of the liquidity provided? I am currently holding USD0++ and I want to provide liquidity if the APY is about 100% APY.Crypto_Kerel
this is currently because fo the sheer amount of swapping, it will go down afterwards? You would need to swap back to USD0 to get the pills, do not add USD0++ to the liquidity as you wouldn't get any pills at all. ( one-sided USD0++ 3base+bonus)
agatha
Hello sir how are you today
I still dont get it (
I want to provide liquidity to USDC-USD0 pool. I can do it thriugh Usual interface or right on Curve, if I do it thriugh Curve, will I get pills for that?Crypto_Kerel
the best is to do it via the Usual interface.
you get points for providing the USD0 as that's the side we want to encourage ( USDC i think we can all agree there's plenty off already, and everyone wants USD0 ๐ , so that's what we reward.)GladiSila
I still dont get it ( I want to provide liquidity to USDC-USD0 pool. I can do it thriugh Usual interface or right on Curve, if I do it thriugh Curve, will I get pills for that?
Hello! Guys, I want to provide liquidity to USD0-USDC pool on Curve. If I do it through Usual fronten I have to swap USDC to USD0, afer that 50% of my USD0 will be swapped to USDC, which quite costly. Can I just provide liquidity through Curve interface? Will I get points for LP If I do it such way?Crypto_Kerel
you get points for providing the USD0 as that's the side we want to encourage ( USDC i think we can all agree there's plenty off already, and everyone wants USD0 ๐ , so that's what we reward.)
my pleasure, sorry if i'm not 100% clear at first, juggling Disocrd, TG, tickets, articles, design and socials ๐
D3cker
07/12/2024 at 06:36:37 EDTyeah i got it , thank you again
Crypto_Kerel
victim of our success!
Crypto_Kerel
my pleasure, sorry if i'm not 100% clear at first, juggling Disocrd, TG, tickets, articles, design and socials ๐
remember you get the curve pool fees, i believe the current APY is at 100% on top of the pills, plus getting bonus pills yourself when he gets some.Hello! Guys, I want to provide liquidity to USD0-USDC pool on Curve. If I do it through Usual fronten I have to swap USDC to USD0, afer that 50% of my USD0 will be swapped to USDC, which quite costly. Can I just provide liquidity through Curve interface? Will I get points for LP If I do it such way?GladiSila
Guys, could you please help me with that question
remember you get the curve pool fees, i believe the current APY is at 100% on top of the pills, plus getting bonus pills yourself when he gets some.Psych
for usd0/UDC0++?
Crypto_Kerel
liquidity pool is: 3 base 5 pills for the entire pool ( whenever the lopper gets 5 too) for each token Curve rewards ( fees and possible boosting).
Crypto_Kerel
remember you get the curve pool fees, i believe the current APY is at 100% on top of the pills, plus getting bonus pills yourself when he gets some.
Crypto_Kerel
Yes so he contributes to the TVL everytime, as it only goes up this way ( or stagnates at worst but then no rewards).
D3cker
07/12/2024 at 06:28:04 EDTi just thought its unfair that this kinda abuse brings much more pills then just liquidity provision
Crypto_Kerel
Also do note than once we have less USD0++ than USD0 on the pool, the instant pills stop as the getting of USD0++ will use the pool instead of minting ( and so no instant rewards), so there's a limit to it.
if you do see someone swapping back and forth only ( and not minting) and having a lot of pills do check the numbers and if they match what you said please do send it to use to take a look. But normally they would need to mint USD0++, then sell it back on the pool, and then mint again, not just swap back and forth ๐ .D3cker
07/12/2024 at 06:26:55 EDTyeah hes like minting usd0++ from usd0 and then swapping back to usd0 and repeats its over and over again
Crypto_Kerel
if you do see someone swapping back and forth only ( and not minting) and having a lot of pills do check the numbers and if they match what you said please do send it to use to take a look. But normally they would need to mint USD0++, then sell it back on the pool, and then mint again, not just swap back and forth ๐ .
of the $USUAL minted at TGE, the rest will be used for compensation after TGE instead of the pills ( do note the airdrop wil ltake a little bit of time and not right after TGE).
There's also 0.66% given for Boosted communities ( they would get 10% Extra $USUAL essentially.
Jonan
do we know how much $USUAL is earmarked for TGE? and I didn't quite understand what you refer to as "the rest"
Crypto_Kerel
As previously mentionned you do not get anything for swapping to USD0++, only for minting. And swapping back and forth also provide fees for the liquidity providers, so that'd be good for them.
GladiSila
Hello! Guys, I want to provide liquidity to USD0-USDC pool on Curve. If I do it through Usual fronten I have to swap USDC to USD0, afer that 50% of my USD0 will be swapped to USDC, which quite costly. Can I just provide liquidity through Curve interface? Will I get points for LP If I do it such way?
Will try to remember to always reply with those now. Lots of work for only one little old me ๐ , really want that CM tomorrow.Psych
haha, you got any openings tho? like a VA may be?
Crypto_Kerel
Will try to remember to always reply with those now. Lots of work for only one little old me ๐ , really want that CM tomorrow.
Crypto_Kerel
of the $USUAL minted at TGE, the rest will be used for compensation after TGE instead of the pills ( do note the airdrop wil ltake a little bit of time and not right after TGE). There's also 0.66% given for Boosted communities ( they would get 10% Extra $USUAL essentially.
Nextime could you please reply to your post that is the end of the post, cos look at the ss it looks very tempting.Crypto_Kerel
Noted psych, thanks. Not seeing this for some reason though.
as far as i know the percentage on simulator is total our pills divided by total pillsJonan
total pills = 7.5% of $USUAL?
MBP | Usual Code: Q2TC5
as far as i know the percentage on simulator is total our pills divided by total pills
D3cker
07/12/2024 at 06:05:41 EDTThe contract can always be hacked, but that's not even the point, it's the points for swaps) obviously it shouldn't work that way
CurtisOx
07/12/2024 at 06:05:41 EDTwhats goodfam
Crypto_Kerel
As answered to you, this is a tech issue localguy, it does take more than a few minutes, we are checking and will get back to you ๐ .
to know how many % shares do u get and knowing your tokens allocation based on your % sharesJonan
is shares in the Simulator the percentage of the total MC or the 7.5% which should be the airdrop?
Crypto_Kerel
Hey Diane, very nice to meet you.
Crypto_Kerel
risk liquidity with 2 stablecoins?
๐คซ gogogo yourself ๐ . But wouldn't be with swap but buying T enhanced t bills normally.D3cker
07/12/2024 at 05:56:55 EDTi already pulled some money in curve pool with usd0/usd0++ but i just found out this abuse, and thought it would be so unfair that a person who just swaps coins here and there gets a HUGE amount more than a person who risks his liquidity and a HUGE amount more benefits the project
@dianeclaire14 ๐๐คโค
07/12/2024 at 05:56:18 EDTI'm new here. What's up friends.
we'd love to have more meme interns helping us in the future for sure ๐ . Do wait for the full time CM to come ( i really need him) and then we ll get started on this.
localguy9494
can u please provide me info at my issue? u just disappeared :/
david
How do you pay the costing of the protocol ( team, fee, ...)
MBP | Usual Code: Q2TC5
Crypto_Kerel
we'd love to have more meme interns helping us in the future for sure ๐ . Do wait for the full time CM to come ( i really need him) and then we ll get started on this.
roles are closed for now, but we'll restart role allocation once the full time CM comes onboard in about a week ( i hope ๐ )Capt ๐
can i become meme intern ๐
Crypto_Kerel
๐คซ gogogo yourself ๐ . But wouldn't be with swap but buying T enhanced t bills normally.
D3cker
07/12/2024 at 05:49:45 EDTi found an address which did exact same thing that i described with average only 10k$ and he's in the top 80 for pills
Rat
thank you
Crypto_Kerel
maybe more coming later ๐ซฐ
for now
Crypto_Kerel
USYC TBill to be precise ๐
Crypto_Kerel
Depends on the USYC yield from hashnote ( but about 5%)
Rat
since usd0 is backed by t-bills
KonImperator
07/12/2024 at 05:48:35 EDTBet ๐ธ
Crypto_Kerel
not as far as I know.
Rat
the risk free yield
you either get the $USUAL token, or the underlying collateral ( USD0), so if $USUAL is worth more ( which is going to be the case ๐ ) you can get it, or choose to not get $USUAL and ask for USD0 instead after 6 months, meaning you get stablecoin rewards at min.Rat
what is the yield % wise?
Crypto_Kerel
only the announced pools giving rewards will give you pills. Do note i'm only talking about Pills rewards here, you also get fees rewards as LP normally on most pools.
Crypto_Kerel
you either get the $USUAL token, or the underlying collateral ( USD0), so if $USUAL is worth more ( which is going to be the case ๐ ) you can get it, or choose to not get $USUAL and ask for USD0 instead after 6 months, meaning you get stablecoin rewards at min.
you only get pills for minting USD0++, not simply swapping. So you would add to the TVL everytime and it's locked for 4 years, so our TVL would enefit from it.D3cker
07/12/2024 at 05:47:14 EDTbut you can swap usd0++ back again to usd0, and then mint againt right? and get the pills like over and over again simply repeating the swaps
efndfx |ยชยบโ
07/12/2024 at 05:46:59 EDTgm
Would need to belong to their community before the end of the Campaigns ( we'll do a snapshot I believe)KonImperator
07/12/2024 at 05:46:48 EDTI've signed into their dashboard already. The question is if I need to use the turtle club referral link for this to count
Veins ๐ป๐ณ
will i get Pills for YT-USD0++ on Pendle (if it is available)?
Crypto_Kerel
you only get pills for minting USD0++, not simply swapping. So you would add to the TVL everytime and it's locked for 4 years, so our TVL would enefit from it.
Rat
excluding USUAL tokens
what is the risk-free yield for usd0++ ?
Crypto_Kerel
Would need to belong to their community before the end of the Campaigns ( we'll do a snapshot I believe)
D3cker
07/12/2024 at 05:44:29 EDTbut this way you can abuse the system by swapping usd0 to usd0++ and back again and then repeat it over and over again only loosing some money on slippage and fees
KonImperator
07/12/2024 at 05:44:24 EDTHey, I used a referral code previously and saw that you have a boost for Turtle club. Is it possible to change my referral link to another one? Or must I send my LP to another wallet?
Crypto_Kerel
you would add to the USD0++ TVL so you would be rewarded everytime yes.
Milan
It's going to be way bigger then ENA ๐ค
D3cker
07/12/2024 at 05:39:55 EDTcan someone from the TEAM clarify this moment please
KOP.
is this gnna cook like ENA ๐
any roles for users of USUAL?
oh gotcha
Crypto_Kerel
roles are closed for now, but we'll restart role allocation once the full time CM comes onboard in about a week ( i hope ๐ )
KOP.
how do u get og
not the previous ones no, but getting all your USD0++ or LPs out ( all, just keep a little and you're fine) will reset your multiplier ( and the multiplier takes effect at the end, before it's jsut a preview.D3cker
07/12/2024 at 05:26:40 EDTcan i dm?
VitalickButtering๐ง
07/12/2024 at 05:26:03 EDTi trust app one contract
Morty200
its the same pool
VitalickButtering๐ง
07/12/2024 at 05:23:08 EDTlike ethena
not seprate
VitalickButtering๐ง
07/12/2024 at 05:23:02 EDTi see the curve liquidity option in a app in built
Hanzo Z. Hazashiโ
07/12/2024 at 05:22:15 EDTNo risk no reward
Crypto_Kerel
not the previous ones no, but getting all your USD0++ or LPs out ( all, just keep a little and you're fine) will reset your multiplier ( and the multiplier takes effect at the end, before it's jsut a preview.
Liquidity right now has a good bonus ( will go down as time goes) so that'd be good for you. But i prefer to diversify personally.VitalickButtering๐ง
07/12/2024 at 05:21:30 EDTcurve looks risky ๐ฅน
that high multiplier for supply LP is from USD0++ minting allocated to the pool not only for the boosted community right?Crypto_Kerel
no, check the announcement channel. Boosted get 10% extra $USUAl at the end, but no extra Pills.
Crypto_Kerel
Liquidity right now has a good bonus ( will go down as time goes) so that'd be good for you. But i prefer to diversify personally.
VitalickButtering๐ง
07/12/2024 at 05:19:49 EDTi got usd0 what next earn maximum?
both, 5 instant, and 3 daily. and then you get the multiplier at the end of the Pills Campaign ( lasts for 4 months and we started 2 days ago ๐ฅ )Morty200
that high multiplier for supply LP is from USD0++ minting allocated to the pool not only for the boosted community right?
VitalickButtering๐ง
07/12/2024 at 05:19:04 EDTwhich is good to earn maximum rewards?
what is better bond or liquidity?
no don't confused multiplier and pills per day. the multiplier is the thing at the top that says multiplier.
The 31X pills/day is how many pills you might expect to get per day. Be careful there as 3 is the base, and the rest is Bonus and is what was given yesterday ( once we reach 7 days i'll be 7 days moving average) so it'll probably be lower than that. But still higher than the base 3 ๐
Luthfihrs
Ah now I get it. thanks again!
Cueboo
When I change usd0 to usdc, will the previous pills disappear?ใ
3 pills per USDC0 per day for USD0++ and USD0/USD0++ LP.
what make it different is the bonus, for USD0++ minting you will get instantly 5x pills bonus per USD0 you minted. and USD0/USD0++ LP will give you about 30x pills bonus per USD0++ minted on the protocol per day
desnake
If I deposit into curve pool what exactly gives me 30x? I need to deposit, then mint usd0++ and it will give me not 5 pills by usd0 but 150?
both, 5 instant, and 3 daily. and then you get the multiplier at the end of the Pills Campaign ( lasts for 4 months and we started 2 days ago ๐ฅ )D3cker
07/12/2024 at 05:10:49 EDTand the instant amount i get only once, right ? so i cant abuse the system my simply swapping from usdc0 to usdc0++ and do it several times?
Andri sแmanik
How many points are earned per dollar
Crypto_Kerel
both, 5 instant, and 3 daily. and then you get the multiplier at the end of the Pills Campaign ( lasts for 4 months and we started 2 days ago ๐ฅ )
but you can also simply freely swap USDC for USD0 instead
D3cker
07/12/2024 at 05:08:25 EDTso if I mint USD0++ from USD0 i instantly get pills once? or only for holding them ?
Crypto_Kerel
No pills for minting USD0, only USD0++. and then hodling gives you 3/day
no don't confused multiplier and pills per day. the multiplier is the thing at the top that says multiplier.
The 31X pills/day is how many pills you might expect to get per day. Be careful there as 3 is the base, and the rest is Bonus and is what was given yesterday ( once we reach 7 days i'll be 7 days moving average) so it'll probably be lower than that. But still higher than the base 3 ๐D3cker
07/12/2024 at 05:06:24 EDTIf i mint USD0 from USDC i get pills only 1 time, right?
no don't confused multiplier and pills per day. the multiplier is the thing at the top that says multiplier.
The 31X pills/day is how many pills you might expect to get per day. Be careful there as 3 is the base, and the rest is Bonus and is what was given yesterday ( once we reach 7 days i'll be 7 days moving average) so it'll probably be lower than that. But still higher than the base 3 ๐Hanzo Z. Hazashiโ
07/12/2024 at 05:03:06 EDTThat is still causing confusions?
Crypto_Kerel
no don't confused multiplier and pills per day. the multiplier is the thing at the top that says multiplier. The 31X pills/day is how many pills you might expect to get per day. Be careful there as 3 is the base, and the rest is Bonus and is what was given yesterday ( once we reach 7 days i'll be 7 days moving average) so it'll probably be lower than that. But still higher than the base 3 ๐
RIZKI
07/12/2024 at 05:01:57 EDTYes sir
Luthfihrs
You're welcome 
Erenka
thanks sir @Luthfihrs
Luthfihrs
And it will display your pills per day ๐
Luthfihrs
Yes my dashboard updated few hours after deposit
Luthfihrs
As far as I understand yes ypu will receive it. Please correct me if I'm wrong @Crypto_Kerel ๐
Erenka
and will the usual dashboard updated to show my daily pills ?
Luthfihrs
You will get your USD0 back then
Erenka
so i will receive 30x multiplier ?
Luthfihrs
Really good!!
Luthfihrs
Any amounts is fine. For example right now you have 500 USD0 you can bond it and get more or less 500 USD0++
bejaxer
07/12/2024 at 04:55:26 EDT@hugo_sdc we are waiting for your reply on my ticket: 142-bejaxer
Cueboo
When I withdraw liquidity, do I also get USD0?
Prakosa_ady
How much sir?
Cueboo
So when I just want to provide liquidity, I don't need to mint USD0++?
Crypto_Kerel
it's best to, you only get the Bonus if you provide one sided USD0
dikaabandika (Reddio)
07/12/2024 at 04:50:39 EDTlfg
Cueboo
When I provide liquidity, do I only need to provide USD0?
Crypto_Kerel
USD0++ you can get it by at the Desk in the Buy Ehanced T-Bill: https://app.usual.money/desk
Luthfihrs
You need to deposit USDC first to get USD0 then you can bond it to get USD0++
banishahr66CLONE
07/12/2024 at 04:48:11 EDTHi