#
💬ㆍgeneral
Join the general discussion about Usual. Exchange ideas, ask questions, and share your thoughts on the underlying technology, use cases, market trends, and more. No price talks here!Page 9 of 74
devrick
Yeah. They will sell $Usual and swap to USD0++ maybe..
Noé
Well if the curator compounds rewards into USD0++, yes, it means they sell sometimes 
Gunner funk
Compound = dump usual ?
ShiroKuhaku
Do we have a tutorial of how to stake?
Gunner funk
When UI bug fixes sir, mostly on rewards claim
Noé
Great sir 
devrick
Every thing is clear ! Thanks!
Noé
Yes, but in the case of Veda/Bera's vault, it's auto compounded into USD0++
peli
Can USUAL currently be bridged to any L2 ?
Mava (AI Support)
To calculate the monthly rewards from staking 8500 USUAL coins, you can multiply the daily reward by the number of days in a month. If the daily reward is 30 USUAL, then the monthly reward would be approximately 30 USUAL * 30 days = 900 USUAL. However, please ensure that the daily reward rate is accurate and check for any changes in the staking rate or conditions.
Mava AI BetaOz
01/03/2025 at 09:07:08 ESTIF I stake 8500 USUAL coins, how many coins will I get monthly? I checked and is says 30 $USUAL daily. It seems like too much :S
Noé
Already answered here https://discord.com/channels/1106588534871179280/1107144153076347022/1324740096867434496
oki
@Noé
devrick
USD0++ APY is consist of the $USUAL. No?
The Bera/Veda vault is curated by MEV Capital, and they manage that strategy (when to compound etc.). Just like for EtherFi.Mava (AI Support)
The portion of USUAL directed to airdrop does not specifically belong to the 'Ecosystem' distribution bucket. The airdrop is part of the initial distribution and is separate from the ecosystem allocation. The ecosystem bucket is designated for acquiring partnerships and enhancing the Usual ecosystem. References: 1
Mava AI Beta
Heston
Hey Does portion of USUAL directed to airdrop belong to the "Ecosystem" distribution bucket?
I know that nothing has been publicly announced, but I'm curious if there is anything interesting.Oz
01/03/2025 at 09:05:54 ESTAh okay, thank you so much.
I know that nothing has been publicly announced, but I'm curious if there is anything interesting.Noé
Next feature to come should be the rev-switch for USUALx
@Oz you can unstake USUALx into USUAL at anytime, but there's a 10% unstaking fee
Noé
It's USD0++'s APY
야미
I know that nothing has been publicly announced, but I'm curious if there is anything interesting.
Oz
01/03/2025 at 09:04:56 ESTAlso, Can I redeem it daily or monthly?
devrick
why 36%? Is this percentage set by MEV Capital?
Oz
01/03/2025 at 09:04:30 ESTHi guys, Can I use metamask to stake USUAL tokens?
Noé
The Bera/Veda vault is curated by MEV Capital, and they manage that strategy (when to compound etc.). Just like for EtherFi.
fab1440
pre- vault autoselling usual into USDo++?
Isn't the usd0->usyc redemption through usual? I.e. calling redeem() on dao collateral address. Not sure if/when the UI prompts this but afaik you can just use the contract to do that without hashnote wlIf you deposit USD0++ on the Veda/Bera vault, you'll earn the USD0++ APY, directly compounded in USD0++ inside the vault itself.
When you'll withdraw, you'll have those rewards, in USD0++ directly, not $USUAL.fab1440
where the yield come from ?
treebeard
Isn't the usd0->usyc redemption through usual? I.e. calling redeem() on dao collateral address. Not sure if/when the UI prompts this but afaik you can just use the contract to do that without hashnote wl
Noé
No public roadmap announced yet
야미
Ethena has announced its 2025 roadmap. Does USUAL have a 2025 plan?
GM Noe, yes, I did already able to redeem USYC to USDC on hashnote now... just didn't find anywhere to redeem USD0 to USYC... should it go through write smart contract directely?Noé
So you're whitelisted on hashote, right?
Gm sir, you probably asked the wrong think haha. You should ask to be onboarded as an investor to be able to redeem USYC for USDC and so on, not to be onboarded for Usual or whatever chiefgoodboy | best good boy
GM Noe, yes, I did already able to redeem USYC to USDC on hashnote now... just didn't find anywhere to redeem USD0 to USYC... should it go through write smart contract directely?
Noé
I can't really speculate sir, would advise # 📊ㆍusual-strategies or # 🧐ㆍspeculation
if I deposit into the Bera/Veda vault, USD0++ balance won't be displayed in usual dashboard. Does that mean the 6-month vestings condition cannot be met?Noé
The Bera/Veda vault isn't part of the vesting requirements for vested users' airdrops right now, but we're talking about it
Saitama
01/03/2025 at 08:58:22 ESTOkay, good man, I know you're busy answering everyone. I'll check. But, do you think it's worth it to do minting or staking with low amounts?
Gunner funk
Will bera launch its native token?
lisun6151
if I deposit into the Bera/Veda vault, USD0++ balance won't be displayed in usual dashboard. Does that mean the 6-month vestings condition cannot be met?
If you deposit USD0++ on the Veda/Bera vault, you'll earn the USD0++ APY, directly compounded in USD0++ inside the vault itself.
When you'll withdraw, you'll have those rewards, in USD0++ directly, not $USUAL.Gunner funk
How is the vault generating usdo++ rewards? Is it internally selling USUAL for usdo++?
If you deposit USD0++ on the Veda/Bera vault, you'll earn the USD0++ APY, directly compounded in USD0++ inside the vault itself.
When you'll withdraw, you'll have those rewards, in USD0++ directly, not $USUAL.devrick
I don’t want to miss out on the $USUAL rewards. The Bera Vault with USD0++ doesn’t seem like a good option for me. I believe the Usual team should address this on Twitter or their website.
Noé
Sir, I'm not your napkin calculator, the APY is displayed live on the website
GM. If I stake on veda/bera, will it be counted as "Amount to hold" for my 6 month airdrop vesting?
If I deposit into Usual x Berachain Vault now, my fund will be locked for max 3 months from now?Noé
Yes, until berachain fully launches basically
If I deposit USD0++ on VEDA, can I also claim daily rewards? Or do I need to wait until the BEAR mainnet goes live to start claiming?Noé
If you deposit USD0++ on the Veda/Bera vault, you'll earn the USD0++ APY, directly compounded in USD0++ inside the vault itself. When you'll withdraw, you'll have those rewards, in USD0++ directly, not $USUAL.
Hog
01/03/2025 at 08:53:10 ESThey there
mp_friendlyfire1
GM. If I stake on veda/bera, will it be counted as "Amount to hold" for my 6 month airdrop vesting?
Saitama
01/03/2025 at 08:52:26 EST@Noé How many daily rewards would I receive by blocking 1000 USD0?
tak19268
If I deposit into Usual x Berachain Vault now, my fund will be locked for max 3 months from now?
punk(3x3)🚬
And the usd0++ yield, comes in the form of which token?
英特纳雄耐尔
If I deposit USD0++ on VEDA, can I also claim daily rewards? Or do I need to wait until the BEAR mainnet goes live to start claiming?
devrick
I think usual homepage need to update for veda depositors.
I deposited USD0++. Will I receive daily USUAL rewards on the official Usual website? Because I didn’t see the option to deposit VEDA on the Usual website.Mava (AI Support)
Yes, if you deposit into the Bera/Veda vault, you'll still earn the USD0++ APY. However, it won't be displayed in your dashboard on the Usual website and will have to be claimed on Veda directly.
Mava AI Beta英特纳雄耐尔
I deposited USD0++. Will I receive daily USUAL rewards on the official Usual website? Because I didn’t see the option to deposit VEDA on the Usual website.
0x_mate
i dont use rabby unfortunately
Noé
that's what I do
Noé
Ledger Live integrates few assets, I'd advising linking your Ledger to Rabby
Noé
Yes
0x_mate
mava helped me, yeah on ledger live rewards are not visible, but i see them on usual dapp
During the 7-day verification period, i will not receive staking rewards? So this 7-day period will be completely reward-free?Mava (AI Support)
During the 7-day verification period, you will not be able to claim your rewards, but they are still accumulating. After the 7-day period, you can claim the rewards that have been accumulated.
Mava AI Betadoes anybody know how to find $USUAL rewards from USD0++ on ledger? i see my USD0++ amount, but i dont see any $USUALNoé
You're using Ledger Live?
piiierre
Veda vault will bridge usd0 and usual to berachaimln mainet at launch?
Fleshi
During the 7-day verification period, i will not receive staking rewards? So this 7-day period will be completely reward-free?
Hektor X
that doesn't seem to be working at the moment.
does anybody know how to find $USUAL rewards from USD0++ on ledger? i see my USD0++ amount, but i dont see any $USUALMava (AI Support)
Rewards in $USUAL are accumulated on your Usual dashboard and are claimable there. They are not directly visible on your Ledger. You will need to check your Usual dashboard to see and claim your $USUAL rewards.
Mava AI Beta0x_mate
does anybody know how to find $USUAL rewards from USD0++ on ledger? i see my USD0++ amount, but i dont see any $USUAL
generalmasango
Yes Binance wallet
Hektor X
binance wallet?
Noé
Mybad, the APY compounds in the vault and will be in USD0++ directly afaik
Gunner funk
Whats Veda
BingChilling
Is layer 1 built for defi
Do we get veda lst token? Ponzi wheel need spinning bruh
generalmasango
Hey halp, cant connect to Veda
Gunner funk
Wen Solana?
Isn't berachain a meme chain
oki
🔥
Cryptocurrency
@Noé check d.m
Mava (AI Support)
Pendle YT still offers possibilities. You can earn USD0++ yield in $USUAL, similar to normal USD0++. Additionally, there are various maturity markets available for Pendle YT, such as the March 2025 maturity market.
Mava AI Beta
Is it possible to stake any yield of $USUAL, which I get from staking USD0++ automatically?p0kadevil | $HAROLD
Is it possible to stake any yield of $USUAL, which I get from staking USD0++ automatically?
AmIWhaleDeveloper
for now there are no possibility with pendle YT? for boyco
Noé
let me double check
Noé
Yes should be, when integrated in Veda in about week
Hektor X
same issue
oki
Still can claim daily?
Noé
again, note that it won't accrue on your dashboard, but on Veda directly
If it says usd0++ apy, I'm asking because I can't tell whether usual is included or not. Judging from the answer, it would be correct to say that even if I deposit all the usd0++ that exists on my Ethereum mainnet, I will get the same amount as usual.Noé
Correct
BingChilling
Earn usual as usual
In
If it says usd0++ apy, I'm asking because I can't tell whether usual is included or not. Judging from the answer, it would be correct to say that even if I deposit all the usd0++ that exists on my Ethereum mainnet, I will get the same amount as usual.
Yes, if you deposit into the Bera/Veda vault, you'll still earn the USD0++ APY. Note that it won't be displayed in your dashboard and will have to be claimed on Veda directly.oki
Earn usual?
Yes, if you deposit into the Bera/Veda vault, you'll still earn the USD0++ APY. Note that it won't be displayed in your dashboard and will have to be claimed on Veda directly.0x_mate
cool, will it be displayed on veda dashboard then?
joub
Sry but i can't connect my binance Wallet on Veda is it normal?
Noé
@0x_mate ^
Noé
Yes, if you deposit into the Bera/Veda vault, you'll still earn the USD0++ APY. Note that it won't be displayed in your dashboard and will have to be claimed on Veda directly.
Gm sir, you probably asked the wrong think haha. You should ask to be onboarded as an investor to be able to redeem USYC for USDC and so on, not to be onboarded for Usual or whatever chief
"When exiting, your returns come in USD0++, a seamless way to farm at market-leading APY while grabbing every opportunity."
Does that mean the USD0++ locked in the vault doesn't generate usual, instead it will be USD0++ when unlocked?Mava (AI Support)
When you exit, your returns come in USD0++. While USD0++ is locked in the vault, it generates returns in USD0++. You will receive USD0++ upon unlocking, which can be used to farm at market-leading APY.
Mava AI BetaFeng
"When exiting, your returns come in USD0++, a seamless way to farm at market-leading APY while grabbing every opportunity." Does that mean the USD0++ locked in the vault doesn't generate usual, instead it will be USD0++ when unlocked?
In
Is this the correct answer to the newly opened veda in bera?
Saitama
01/03/2025 at 08:25:16 ESTThis project is somewhat complex 🤓 
In
If I deposit usd0++ or usd0 into veda, will I still get the usual earn?
Hello , Noe, May i ask where could i redeem USD0 -> USYC on USUAL website? I have whitelisted and KYCed on HashNote, they ask me to do this operation on USUAL website, but i didn't see it thereNoé
Gm sir, you probably asked the wrong think haha. You should ask to be onboarded as an investor to be able to redeem USYC for USDC and so on, not to be onboarded for Usual or whatever chief
bacuongpro
Circulating Supply: 12.37%*4B= 494.8M, Why Binance and Coinmarketcap note: 494.6M. Don't they know multiplication? 😆
If I have 1 $usualx and want to unstake it into $usual, how much $usual can I actually get? The result I see in the browser and wallet is differentMava (AI Support)
When you unstake 1 $USUALx, the amount of $USUAL you receive depends on the accumulated rewards and the current conversion rate from $USUALx to $USUAL. The value of $USUALx increases over time as rewards accumulate, so the amount of $USUAL you receive will be more than what you initially staked, minus a 10% unstaking fee. If you're seeing different results in the browser and wallet, it might be due to a delay in updating the conversion rate or a display issue.
Mava AI Beta
halomoto
01/03/2025 at 08:17:15 ESTJust a question, if want to swap back usd0++ to UsDC, should I swap usd0++ to usd0 and swap usdc or just directly usd0++ to usdc? I saw the rate is quite similar on curve
goodboy | best good boy
didn't see it UI page, oh maybe use contract directly?
Niroyc
sure，i have gas fee
Mava (AI Support)
To redeem USD0 for USYC, you need to use the DaoCollateral contract. Ensure you are onboarded with Hashnote, as they are the current collateral partner. The redemption process should be almost instant once you meet the requirements.
Mava AI Betagoodboy | best good boy
no where to redeem USD0 to USYC... ser.. really didn't find anywhere
Iyjasy
The result I see in the browser and wallet is different
Usual
BingChilling
Dont ask question just do it
0x_mate
thx
BingChilling
Shovlling all your money look my pfp Bera will be huge
Noé
fake
sorry for noob question but im fresh ledger user...which option do i use from here to connect ledger with veda?Noé
You should connect from another wallet (e.g Ledger -> metamask or Ledger -> Rabby)
Iyjasy
If I have 1 $usualx and want to unstake it into $usual, how much $usual can I actually get?
Noé
Yes - any wallet should work
ShiroKuhaku
Can someone explain me the newest news?
Noé
well I'd need some context
0x_mate
is it possible to enter Veda Boyco vault from Ledger?
Teal KUPE
You need $2.13 gas fee
"When exiting, your returns come in USD0++, a seamless way to farm at market-leading APY while grabbing every opportunity."
what does this exactly mean?Mava (AI Support)
This statement means that when you exit your position in the Usual protocol, your returns are provided in USD0++. USD0++ is a liquid staking token that allows you to earn yields at competitive annual percentage yields (APY) while maintaining liquidity. It provides a way to maximize returns by taking advantage of various opportunities in the market. Reference: 1
Mava AI Beta0x_mate
"When exiting, your returns come in USD0++, a seamless way to farm at market-leading APY while grabbing every opportunity." what does this exactly mean?
ShiroKuhaku
What is this BoyCo
BingChilling
1-2 is safe just look liquidation level. As long as no crazy depeg it safe
Hello , Noe, May i ask where could i redeem USD0 -> USYC on USUAL website? I have whitelisted and KYCed on HashNote, they ask me to do this operation on USUAL website, but i didn't see it thereUsual
kiratsunami
so the rewards are in USD0 right
Noé
rev-switch APY would be in USD0 afaik, so no
Niroyc
i click “confirm”,but nothing happened
YES
kiratsunami
do you pay gas fees to claim Usuals when you are stacking USD0++ ?
kiratsunami
because of the high APY, more usuals produced thus more in circulation, no ?
CryCasher
you dont deserve brother
halomoto
01/03/2025 at 07:57:11 ESTThanks bro If I can monitor apy for borrow all the time, it’s worth doing looping?
Niroyc
Why i cant claim my rewards？
CryCasher
:O
BingChilling
Pray fo not depeg and apy still above borrow Apy
halomoto
01/03/2025 at 07:55:46 ESTI just looped three times
Luckyboy
Run
according to this chart, on March 2025 the number of tokens will reach 20% thus, 800m, I'm only worried that with the new "few switch" and the better yield we will reach 800m much before March25
so my question to @Noé was the fee switch taken into account when this chart was made ?
now that Usual will have fee switch, it's clearly a security, but with a new SEC chairman pro crypto I hope all crypto will not be classed as such, and thus Americans will be more eager to adopt USD0 and UsualNoé
Why would the fee switch increase $USUAL's supply sir..?
BingChilling
He said none lmao Now you moving the goal post
fab1440
crv,mkr exist since forever, pendle is new
fab1440
wait next year
BingChilling
I dump my pendle reward swap usualx lmao Why pendle still not 0?
BingChilling
Pendle/makerdao/curve
antero9236
so i take this will be revealed on the 7th, right?
hey! is there any information on what the fee switch will actually mean? as in how much of the rev will be shared between the USUALx stakers? and what form will this get paid in?Mava (AI Support)
The fee switch mechanism will redirect the treasury accrued from interest earned on USD0 collateral as dividends to USUALx holders. However, the specific percentage of revenue that will be shared and the form of payment have not been detailed in the available documentation.
Mava AI Betaantero9236
hey! is there any information on what the fee switch will actually mean? as in how much of the rev will be shared between the USUALx stakers? and what form will this get paid in?
LC // 🥷
how so??
Matt
01/03/2025 at 07:26:42 ESTWhen dustri-bution for g-alxs users ?
basedscarf
remember, everybody who sells now will have to rebuy higher
Cause there is like 3 million on chain liquidity for USUAL and big whales will just farm and dump eternally. Usdo++ emission should be slashed by 50% and should be rewarded with 50% of revenue in usd0basedscarf
then usual would be caved out and rendered useless
Gunner funk
None of the farming coin in history has a ascending chart
Gunner funk
Cause there is like 3 million on chain liquidity for USUAL and big whales will just farm and dump eternally. Usdo++ emission should be slashed by 50% and should be rewarded with 50% of revenue in usd0
basedscarf
just sayin 
goodboy | best good boy
I spended 1 whole month to do all the kYC stuff for able to trading now primiary
basedscarf
you know that there is a secondary market as well, right?
goodboy | best good boy
onboarded to Hashnote already
goodboy | best good boy
I have already get whitelisted
May i ask where could i redeem USD0 to USYC, I have already opened an account on HASHnote, able to redeeem USDY to USDC now, but didn't find where to redeem USD0 -> USYC..Gunner funk
I think you need to get whitelisted for that
Usual team should check CRV chart, it shows how usual will end up
kiratsunami
so basically liquidity are rewards to USD0++ holders Thanks Mava
Also another question, what does liquidity refer to here ? Usual earned via Pendle and other liquidity protocols such as Curve ???Mava (AI Support)
Liquidity in this context refers to the availability of USD0 and USD0++ in various DeFi protocols like Pendle and Curve. It involves providing these stablecoins to liquidity pools, which facilitates trading and earns rewards or yields for liquidity providers.
Mava AI Betakiratsunami
Also another question, what does liquidity refer to here ? Usual earned via Pendle and other liquidity protocols such as Curve ???
according to this chart, on March 2025 the number of tokens will reach 20% thus, 800m, I'm only worried that with the new "few switch" and the better yield we will reach 800m much before March25 so my question to @Noé was the fee switch taken into account when this chart was made ? now that Usual will have fee switch, it's clearly a security, but with a new SEC chairman pro crypto I hope all crypto will not be classed as such, and thus Americans will be more eager to adopt USD0 and Usual
BingChilling
It should not. I want to earn more token. Imagine you mine btc and then you get 0 btc? Imagine u stake eth/tao and then u get 0 eth/tao Thats how u sounds like
Fernando Bu
01/03/2025 at 07:00:20 ESTAm I saying anything stupid? Pls explain
BingChilling
Why is not?? Binance square reader?
May i ask wherecan i redeem USD0 to USYC, I have already opened an account on HASHnote, able to redeeem USDY to USDC now, but didn't find where to redeem USD0 -> USYC..Mava (AI Support)
To redeem USD0 to USYC, you need to be onboarded with Hashnote, which you already are. The redemption process should be available through the Hashnote platform. If you are unable to find the option, I recommend reaching out to Hashnote's support for further assistance.
Mava AI BetaMay i ask wherecan i redeem USD0 to USYC, I have already opened an account on HASHnote, able to redeeem USDY to USDC now, but didn't find where to redeem USD0 -> USYC..Usual
goodboy | best good boy
May i ask wherecan i redeem USD0 to USYC, I have already opened an account on HASHnote, able to redeeem USDY to USDC now, but didn't find where to redeem USD0 -> USYC..
May i ask where could i redeem USD0 to USYC, I have already opened an account on HASHnote, able to redeeem USDY to USDC now, but didn't find where to redeem USD0 -> USYC..Usual
At the moment you can instantly redeem the usd0++ to usd0, and the usd0 to usyc, then redeem that through hashnote (kyc/whitelist). So a depeg shouldn't really scare you, if anything it's an arbitrage / profit opportunitygoodboy | best good boy
May i ask where could i redeem USD0 to USYC, I have already opened an account on HASHnote, able to redeeem USDY to USDC now, but didn't find where to redeem USD0 -> USYC..
BingChilling
Depend on how many times u loop
Mava (AI Support)
The supply of USUAL tokens is tied to the revenue generated by the protocol and is designed to be disinflationary. This means that as the protocol's revenue grows, the rate of USUAL token issuance decreases. The supply does not follow a strict emission schedule, and the emission rate is adjusted based on factors like TVL growth and interest rates. Therefore, the supply will rise as these factors increase, but it is controlled to prevent excessive inflation. Reference: 1
Mava AI Beta
halomoto
01/03/2025 at 06:48:12 EST@Noé you see any risk of lend/borrow looping of USDC/USD0++ ?
Fernando Bu
01/03/2025 at 06:47:57 ESTWhen all offer from stage 1 will finish?
unknown l
BNY Mellon is custodian for basically all the major investment managers in the world
The euro or dollar spent to buy a USD0 is nevertheless stored into a bank account by the t-bill tokeniser company, isn't it ? it' s still fiat at the begining of the storyNoé
Yes but: - Custody of T-Bills is a bit different, since it's still your property, not the bank's - you could redeem it or claim ownership even if there's bankruptcy. This is not the same use as for FIATs (custody =/= management). - The whole balance sheet of USD0's backing is in T-Bills, meaning there's zero part of it held in FIAT at a bank, unlike USDT or USDC. - BNY Mellon (Hashnote's custodian) acts primarly as a custody bank, not a traditional/commercial bank like SVB (meaning, doesn't really do assets mangement / loans and so on which leads to stuff like SVB). Portfolio is 99% AAA/AA-, fully sticky
unknown l
it's bankruptcy remote
t bills will be held in isolated segregated accounts not a generic bank account with bankruptcy risk
meh, depends on priority: USDC is exposed to bankruptcy risk through fractional reserves, and we saw that with the SVB crash. USDT has never done a real audit, has no transparency, and is also exposed to bankruptcy risks.
USD0 isn't.François D.
The euro or dollar spent to buy a USD0 is nevertheless stored into a bank account by the t-bill tokeniser company, isn't it ? it' s still fiat at the begining of the story
ajkuba
Inst the 12,something % locked until march?
Mava (AI Support)
By purchasing Pendle YT (Yield Tokens) for USUALx, you can earn yields in $USUAL. The yield is similar to holding USD0++, where 1 YT equals the yield of 1 USD0++. The exact profit will depend on the APY and the amount of YT you hold.
Mava AI Beta
godwodan
What kind of profit can I make by purchasing pendle usualx yt?
godwodan
What kind of profit can I make by purchasing pendle usual yt?
BingChilling
Your interest instead of getting usd u getting usual How is that unsustainable?
Noé
why
Noé
Gunner funk
Tokenomics is unsustainable
Agree that the world is heading towards decentralisation. Now it is a matter of how long before it reach the masses
Deicide
In some places its already seeing mass adoption. But out of necessity because of unstable government and economy.
unknown l
agree it starts with defi natives but that grows TVL and then spreads from there
Other stables have network effects and they have been around longer and as such stronger network effectsunknown l
check the growth rates
JazzySt
I need USD0 on binance cex
With USDT leaving European market and USDC being unreliable. What the next option
Noé
Bitcoin 10 years ago wasn't for the average joe, but it is today (and nothing changed about the "product"). USDC or USDT weren't for the average joe 4 years ago, but it is today.
"for the average joe" only depends on your marketing and UX once you already have your core products and userbase
Also, if the world always did stuff only thinking on the average joe, we wouldn't be really where we are
But the average joes won’t have these crossing their minds. They are out for the quickest and fastest solutions . And those are usdc and usdtNoé
Well it isn't USDT now for Europe already
ravished
Increasing TVL
I get this. I am just thinking out loud, who’s the ones likely to be attracted to use usd0 at the moment. And it must be the defi nativesravished
Most attractive stable coin yields at the moment on pendle
meh, depends on priority: USDC is exposed to bankruptcy risk through fractional reserves, and we saw that with the SVB crash. USDT has never done a real audit, has no transparency, and is also exposed to bankruptcy risks.
USD0 isn't.punk(3x3)🚬
But the average joes won’t have these crossing their minds. They are out for the quickest and fastest solutions . And those are usdc and usdt
punk(3x3)🚬
I get this. I am just thinking out loud, who’s the ones likely to be attracted to use usd0 at the moment. And it must be the defi natives
Noé
meh, depends on priority: USDC is exposed to bankruptcy risk through fractional reserves, and we saw that with the SVB crash. USDT has never done a real audit, has no transparency, and is also exposed to bankruptcy risks. USD0 isn't.
BingChilling
Ust back by luna and btc and hope and dream
It's backed by tokenized t-bills, the most liquid asset in the world, bankruptcy-remote, and enables permissionless minting for the first timepunk(3x3)🚬
Do you agree it appeals more to the defi natives? And right now, I believe the high yield is its strongest attraction Else, non defi natives would have better options
ravished
all from RWA
I am wondering given the current array of stables choices, how does usd0 stand out from the restravished
You as the stable holder get to earn the yield that tether and circle keep for itself
stablecoin with integrations across the big defi protocols which is backed by short term US government bonds and shares interest with holdersravished
What UST claimed to be but never was
I am wondering given the current array of stables choices, how does usd0 stand out from the restNoé
It's backed by tokenized t-bills, the most liquid asset in the world, bankruptcy-remote, and enables permissionless minting for the first time
stablecoin with integrations across the big defi protocols which is backed by short term US government bonds and shares interest with holderspunk(3x3)🚬
Other stables have network effects and they have been around longer and as such stronger network effects
punk(3x3)🚬
I am wondering given the current array of stables choices, how does usd0 stand out from the rest
unknown l
decentralised tether
unknown l
stablecoin with integrations across the big defi protocols which is backed by short term US government bonds and shares interest with holders
woc
Noé
No
fab1440
Hi is it possible to implement KYC/AML to USDo++ stakers in future ?
Noé
Noé
it's a stablecoin
punk(3x3)🚬
And what’s the current utility of usd0?
Mava (AI Support)
The incentive to use USD0 is its backing by tokenized Real-World Assets (RWAs) like U.S. Treasury bills, which provides security. Additionally, users can benefit from enhanced yields through innovative products such as USD0++. The protocol also aligns incentives with users who contribute to its expansion and utilization. Reference: 1
Mava AI Betapunk(3x3)🚬
What’s the incentive to use usd0?
unknown l
next week
ravished
Would be nice to see ATH market cap for uad0 again
punk(3x3)🚬
When usual pump?
Mava (AI Support)
USD0 is a stablecoin, so it is designed to maintain a stable value and not 'pump'. However, USUAL is the governance token, which may experience price changes.
Mava AI Betapunk(3x3)🚬
Wen pump?
guaiguainv
The USDC-USD0 pool of curve pool has a risk threshold of 66%-33%. How do you understand this threshold? What does it do? What will happen if this threshold is triggered?
KirinKirin
Hi guys
Mava (AI Support)
The treasury of the Usual project refers to the accumulated revenue held in the protocol, which is managed by the DAO. This treasury is backed by Real-World Assets (RWAs) and is used to support the protocol's sustainability and growth. It can be utilized for various purposes like revenue-sharing, investment allocations, and other strategic initiatives decided by governance proposals.
Mava AI Betaguaiguainv
What does the treasury of the Usual project refer to?
joub
untether
that's the purpose of USUAL (website)
Mr. Lin
Gunner funk
Loong way to go to beat DAI
Mr. Lin
This is the second time
Because we surpassed it before
Gunner funk
Next up is DAI
joub
It just happen
Gunner funk
I don't see any Post regarding it
Саня.
hi, I uploaded usd0++ yesterday, still no rewards are displayed in usual, what's the problem?
ravished
Painful to hold at 0.005 every eight hours
oao
Ok thx
ravished
The rate is the same for everyone using it for that eight hours
ravished
Not it's a perpetual short contract
I'm a little surprised about the sell off tbh but the delta neutral trade is my best guess.
oao
Is the rate different depending on when you start staking?
You have a lot of people trying to hedge for a delta neutral yield but they can't at the current ratesravished
You have a lot of people trying to hedge for a delta neutral yield but they can't at the current rates
I know funding rates are variable
Mr. Lin
it is merely a showcase of a potential strategy
it takes a considerable time and due diligence to monitor funding rate positions
funding rate fluctuates every second and it is never sustainable
Usual intern ahowed a short fundijg rate of 0.005. 0.005 x 3 = 0.015 x 365 = 5.475. Damn, longing usual on perps is higher yield than staking. Wonder if there is usualx perpsMr. Lin
ser
ninhdao2020
ravished
Usual intern ahowed a short fundijg rate of 0.005. 0.005 x 3 = 0.015 x 365 = 5.475. Damn, longing usual on perps is higher yield than staking. Wonder if there is usualx perps
famousfxck
1000X long Bismillah
Short funding rates are very high. Look up short squeeze. The alpha move might be to just long usual perps 3xfamousfxck
Just maxed long
Short funding rates are very high. Look up short squeeze. The alpha move might be to just long usual perps 3xBingChilling
yes squeeze shorter balls and get their money
ravished
Short funding rates are very high. Look up short squeeze. The alpha move might be to just long usual perps 3x
ChainReaction
still no info about the from we filled last year?
Hi. I staked my Usual (now usualx). It says 265% apy but i havent recieved anything in 2 weeks. Why is that the case?Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' The amount you'll be able to unstake will be higher as time goes by and rewards accumulate.
Mava AI Beta
lucaspukus
Hi. I staked my Usual (now usualx). It says 265% apy but i havent recieved anything in 2 weeks. Why is that the case?
Mava (AI Support)
Yes, there are plans to list USUAL on exchanges, including decentralized exchanges (DEXes) and possibly centralized exchanges (CEXes). However, specific trading pairs like USUAL/EUR or USUAL/USDC have not been explicitly mentioned in the available documentation.
Mava AI Beta
i0sm3
Is there Any plans to add usual/eur , usual/usdc in exchanges ?
wollks
If i have usual0++ does that mean i will earn usual coin?
Nanas
Ok thank you Noé
Noé
- primary market is native unstaking (so has to be USUALx to USUAL), with 10% unstaking fee - secondary market is swapping (exchanging) assets through pools (DEXes)
Nanas
So if I use rabby wallet to swap it’s ok? On erc20 ofc
Noé
DEXes
Yes, but it would be on the secondary market: if there's a pool and not a lot of slippage, it can be doneNanas
Sorry but what do you mean about secondary market ?
Hello guys, quick question, if i want to swap some USUALx to another Token on erc20, does it work?Noé
Yes, but it would be on the secondary market: if there's a pool and not a lot of slippage, it can be done
Hello guys, quick question, if i want to swap some USUALx to another Token on erc20, does it work?
Hello guys, quick question, if i want to swap some USUALx to another Token on erc20, does it work?Nanas
Hello guys, quick question, if i want to swap some USUALx to another Token on erc20, does it work?
Денис Александров
When will you remove the unstake commission?
JazzySt
Good morning guys (and gals)
Gabee
This works with everything. With 1000$ left in a bank account, you wouldn't buy an iphone with that.
Gabee
Maybe you're over-invested. You cannot worry about your investment. Afford what you can lose.
Thua thì chung
01/03/2025 at 03:27:38 ESTI know, but it's very tiring because I put my trust in them. When the price goes up to 1.65, I don't sell. and now it's all about short selling. With usual's current valuation sometimes I worry about my investment. that's all i have.
Hi, I was browsing the Usual's earn page but I couldn't understand how there are such high APYs. These level of APYs doesn't appear on the Pendle page. But it does on the Usual page. How exactly does the reward mechanism work here?Mava (AI Support)
The high APYs on Usual's earn page are due to the rewards being paid out in $USUAL, which is Usual's revenue-based token. These rewards accumulate on your Usual dashboard. The APYs might appear higher on Usual's page compared to Pendle because they include $USUAL-related rewards, which may not be reflected on Pendle's page.
Mava AI Betaeb.
Hi, I was browsing the Usual's earn page but I couldn't understand how there are such high APYs. These level of APYs doesn't appear on the Pendle page. But it does on the Usual page. How exactly does the reward mechanism work here?
leaet
@Usual
Mava (AI Support)
You can view the DAO's announcements and governance proposals on the Usual protocol's official documentation and governance platforms. These are typically available through the Usual DAO's interface or community channels. For specific links or platforms, please refer to the Usual documentation or community resources. Reference: 1
Mava AI Betaleaet
where can i veiw the dao's announcements or governance proposals
Mava (AI Support)
The price floor for USD0++ early redemption is set by the DAO. You can find more information about this in the Usual documentation or by checking the DAO's announcements and governance proposals.
Mava AI Betaleaet
where can i view the price floor for usd0++ early redemption
Mava (AI Support)
The weekly outflow target is determined by the DAO and is used in calculating the adjustment factor for USUAL redemptions. However, specific details on where to view this target are not provided in the available documentation.
Mava AI Betaleaet
where can i see the weekly outflow target
I don't use debank. It is not normal that investors dont have clear visualisation of their invest. I think that i ll take back all my invests from usual
Always21$ETH
01/03/2025 at 02:57:05 ESTUse de bank, your usualx might not yet be imported to your wallet yet
Usual
Ganja
01/03/2025 at 02:48:45 ESTAdmin has promised that this January 7 will be a booming year for USUAL. Let's wait together
LOST
01/03/2025 at 02:47:15 ESTValue of usual or usd0
Ganja
01/03/2025 at 02:46:43 ESTThe value of money decreased and promises began to appear, let's wait for January 7 to see what happens.
I don't use debank. It is not normal that investors dont have clear visualisation of their invest. I think that i ll take back all my invests from usualMr. Lin
The issue has been reported and the team has already been working on putting up a better UI
LOST
01/03/2025 at 02:42:45 ESTWhat kind of cycle is this?
We went up and we dipped
Dorado
I don't use debank. It is not normal that investors dont have clear visualisation of their invest. I think that i ll take back all my invests from usual
Dorado
I want to simulate unstaking and i can't see unstaking fees and my usualx amount is less worth than i can see in my meta mask (about 2-3%)
Mr. Lin
you can check your usualx position on debank - you should see an increase of $USUAL amount
Mr. Lin
ser the rewareds are autocompounded, no need to claim anything
Thua thì chung
01/03/2025 at 02:33:02 ESTWhat are you guys doing with usual when I just witnessed a huge amount of short selling of usual. It seems you don't need investor confidence in usual. I only see a decrease, not an increase
Yosima
okay thank you!
Mr. Lin
You can check on debank for the most accurate representation of your usualx position ser
Yosima
my USUALx now show reward
basedscarf
wdym
Always21$ETH
01/03/2025 at 02:13:08 ESTNo, rewards are been distributed after 24 hours
Dorado
Actual is my usualx worth is less than usual token if i simulate unstaking . It is strange
Always21$ETH
01/03/2025 at 02:11:49 ESTTry to reconnect your wallet and clear browser cache
Ganja
01/03/2025 at 02:06:14 ESTI will stop loss at 0.8$. Although I strongly believe in the project. I will return when there is a nicer entrance
Usual
angugugugu
Should’ve checked the messages b4 I ask 🙏
Yo sorry brother I’m new to this era
Mava (AI Support)
The supply of USUAL tokens is designed to be dynamic and is influenced by various factors such as the protocol's growth and revenue. The total supply is planned to be up to 4 billion by the end of USD0++'s maturity in 2028. However, the actual supply could be less, depending on the protocol's growth, as USUAL is disinflationary. This means that less USUAL is minted as revenue grows, which could lead to the supply stopping at a lower number like 494 million.
Mava AI Betafamousfxck
Why would supply stop at 494M??
Ganja
01/03/2025 at 02:01:05 ESTThe supply will not stop at 494.6M, tokens will still be released within a few years to reach 4B.
famousfxck
https://tenor.com/view/really-bruh-blink-blank-face-gif-9334898104617218757
angugugugu
Supply gon stop at 494.6 is this true?
Hello guys
basedscarf
@#Gen----DeFi# scam
Mava (AI Support)
USUALx rewards are auto-compounded into your position and do not appear as 'Pending Rewards'. Unlike USD0++, USUALx rewards do not require a 7-day waiting period to claim. Your rewards are reflected directly in the value of your USUALx tokens.
Mava AI BetaDorado
I don't get any rewards for my usualx token. Why does it happen? 7 Days Cut is over.
people with 50 bucks invested who dont speak english somehow manage to produce the most eloquent fud 😆
someone
Them jeeters
people with 50 bucks invested who dont speak english somehow manage to produce the most eloquent fud 😆🫡
Mr. Lin
disinflationary
Most of the time the people who don’t have money, don’t do any research. Can’t spoonfeed everyone 🤷♂️
Mava (AI Support)
USD0 is a stablecoin, while USUAL is the governance token. The value of USUAL is tied to the protocol's performance and governance mechanisms, rather than being a stablecoin like USD0. Therefore, its value may fluctuate based on market conditions and the protocol's success.
Mava AI Beta
dΞrkfingah | SBC
@Mava (AI Support) WEN USUAL TOKEN pump?
Wen USUAL TOKEN pump?
punk(3x3)🚬
Wen pump?
famousfxck
Most of the time the people who don’t have money, don’t do any research. Can’t spoonfeed everyone 🤷♂️
And it’s a deflationary economic model
And if you actually did any research about this project, you should know that there’s constant USUAL being emissioned
It was literally said everywhere that supply is 494M at TGE= launch
bagsanonymous
Can someone explain this to me like I'm 5...
famousfxck
Can people stop saying this BS
ptitspapiers
Thanks Binance for the ad that was misunderstood; this is the opportunity to buy lower once the drop is digested.
Ganja
01/03/2025 at 00:38:06 ESTAs mentioned above, when the total circulating supply reaches 494.6M, there will be a sell-off, because many people misunderstand that they will stop at 494.6M. Prices are decreasing day by day
Buy back USUAl and burn using revenue is better than distributing revenue to holder's. Hope team considers this
SatoshiXXX
Agree on this
Zezzy
Because he doesn't intend to stake UsualX, hence, he gets no benefit from fee switching. He just wants to trade, getting benefits from scarity of Usual.
gm
Usual
Atimetoflyyy
why should he do that? @Crypto LORD
Usual
bagsanonymous
Can I swap from USDC directly into Usualx?
bagsanonymous
What if I swapped from USDC into usualx how would I unstake then?
But if I never staked in the first place and swapped directly in usualx where do I unstake?Mava (AI Support)
If you swapped directly into USUALx without staking, you would typically use the same platform or interface where you performed the swap to reverse the process. Look for an option to swap or convert your USUALx back to USUAL.
Mava AI Betabagsanonymous
But if I never staked in the first place and swapped directly in usualx where do I unstake?
Buy back USUAl and burn using revenue is better than distributing revenue to holder's. Hope team considers thisBingChilling
Why u want burn money got from interest? Imagine u mine 50btc and then burn it
Mava (AI Support)
You can swap USUALx on secondary markets without unstaking, which allows you to avoid the unstaking fee. However, to receive rewards from USUALx, you need to unstake it. The rewards are auto-compounded into your USUALx position, meaning your share increases in value over time. References: 1
Mava AI Betabagsanonymous
Can I swap directly in usualx? if so, how do I receive rewards?
Hi, I staked my usual on the December 25th so I supposed that I would start earning on the 2nd but today is already the 3rd and I still haven't earned anything. Did I misunderstand it or is anything else?
dannnny
Check # 🤖ㆍtroubleshooting , this question has been asked many times
Gunner funk
What you do for Pokimane?
Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. You won't see 'Pending Rewards' as with USD0++. To view your rewards, simulate an unstake: the withdrawal amount will include your rewards (minus a 10% unstaking fee). Essentially, your vault share increases in worth over time, allowing you to withdraw more than you initially deposited.
Mava AI Beta
Dänte
i with the same problem
Gunner funk
It's stuck at 3.3
Usual emission not dropping with the TVL growth
I have a question
Until yesterday, there was an unstake fee, but today there isn't
Is it an event? Does anyone know if it's only the display that's like that?Fernando Bu
01/02/2025 at 21:27:28 ESTWhat?
Tusjb
thank you 🙂
I have a question
Until yesterday, there was an unstake fee, but today there isn't
Is it an event? Does anyone know if it's only the display that's like that?Mava (AI Support)
It seems that your order might be routed through a secondary market pool. In this case, it's considered swapping, not unstaking, so there's no unstaking fee from the protocol. However, the fee might be priced into the conversion rate by the secondary market itself. This pool isn't supported by Usual, so there could be errors or lack of liquidity.
Mava AI BetaTusjb
I have a question Until yesterday, there was an unstake fee, but today there isn't Is it an event? Does anyone know if it's only the display that's like that?
Always21$ETH
01/02/2025 at 21:02:44 ESTAlso reset your network settings
Always21$ETH
01/02/2025 at 21:01:38 ESTOk, then Do this first use a different browser and clear the browser cache then connect your wallet
𝑼𝑻𝑰𝑻𝑰
I didn't but thx anyway
Jimny2024
Beware of scammers. Do not DM
𝑼𝑻𝑰𝑻𝑰
but in the "Next cycle" it still shows "--"
Hi, I staked my usual on the December 25th so I supposed that I would start earning on the 2nd but today is already the 3rd and I still haven't earned anything. Did I misunderstand it or is anything else?Always21$ETH
01/02/2025 at 20:54:28 ESTrewards are distributed after 24hours
Hi, I staked my usual on the December 25th so I supposed that I would start earning on the 2nd but today is already the 3rd and I still haven't earned anything. Did I misunderstand it or is anything else?Mava (AI Support)
It seems like there might be a misunderstanding. Typically, rewards are distributed at the end of each cycle, which is usually 24 hours. If you haven't seen any earnings yet, it might be due to the cycle not ending or an issue with the display. Please ensure your wallet is connected properly, and try clearing your cache or reconnecting your wallet. If the issue persists, it might be best to reach out for further assistance.
Mava AI Beta𝑼𝑻𝑰𝑻𝑰
Hi, I staked my usual on the December 25th so I supposed that I would start earning on the 2nd but today is already the 3rd and I still haven't earned anything. Did I misunderstand it or is anything else?
Defi V
The announcement, what does it imply? Can you ELI5
Always21$ETH
01/02/2025 at 20:40:28 ESTWhat do you mean?
Defi V
What is this fee switch era .?
CryptoMDz
Maybe the team is cooking something 🔥 for galax
Mava (AI Support)
Staked USD0 generates revenue for the Usual protocol by being invested in real-world assets like U.S. Treasury bills. The profits from these investments are pooled into the protocol's treasury, which is controlled by $USUAL holders. This system allows users to earn yield in the form of $USUAL tokens, aligning user incentives with the protocol's growth. Reference: 1
Mava AI Beta
punkarcus
@Mava (AI Support) How staked USD0 generate revenues for Usual protocol?
Mava (AI Support)
Usual protocol's revenue is primarily generated from the collateral staked by USD0 holders. The protocol's revenue growth is driven by the adoption and usage of USD0, which is backed by Real-World Assets like U.S. Treasury bills. This revenue model ensures that the value of the $USUAL token is directly correlated to the cash flow produced by the protocol. Reference: 1
Mava AI Betapunkarcus
@Mava (AI Support) Revenue sources of Usual protocol?
Rafael
Soon we will be able to buy cheap 🙂
Mava (AI Support)
Yes, there are documents that explain the difference between USUAL and USUAL. USUAL is a specialized token designed for early investors, contributors, and advisors of the Usual protocol. It grants unique benefits and governance power, including entitlement to 10% of all USUAL distributions. USUAL* holders initially maintain majority voting control, which will evolve towards a more decentralized model over time. USUAL, on the other hand, serves as the primary reward mechanism, incentive structure, and governance tool within the Usual ecosystem. References: 1,2
Mava AI Beta
gekko.eth
Is there any docs explaining about the difference between USUAL and USUAL* ?
I reported. .. You should report too guys, and let them a comment explaining that usual. Money is the official website
cue
btw, finally the gas price is not that high on ETH
still, i reported
i think they could probably care
BingChilling
Google made money they dont care
krypt0man1ac
Then I noticed that sh*t, we should report it
I googled usual to get some '' news '' not looking for the website
cue
let's report this sh!t all together
Google Safe Browsing form
go to safebrowsing . com
I never use google because of this just use duckduckgo if you want crypto
Or lookup via coinmcap or defilamakrypt0man1ac
I always use direct links, and checking twice 😅
BingChilling
That how google made money Haramm
cue
ohh aparrently i cant send links
Newbies! Watch out, the first result in Google search is not the official website... Clearly a scam.BingChilling
I never use google because of this just use duckduckgo if you want crypto Or lookup via coinmcap or defilama
krypt0man1ac
They also pay for sponsoring the ad!
cue
scammers even sponsored the site
Newbies! Watch out, the first result in Google search is not the official website... Clearly a scam.cue
lol they even have old TVL haha
chrisgm3773
Yes.
IS there a bug on pending rewards? I emptied my wallet of USDO Lp's and LQ like 2 weeks ago but I still have pending rewards.basedscarf
are the rewards both pending and claimable?
basedscarf
thats a scam
IS there a bug on pending rewards? I emptied my wallet of USDO Lp's and LQ like 2 weeks ago but I still have pending rewards.Mava (AI Support)
It seems like there might be an issue with your pending rewards still showing after you have emptied your wallet. Please provide more details about the situation, such as any error messages or discrepancies you notice. I can then ask a human for further assistance if needed.
Mava AI Betachrisgm3773
IS there a bug on pending rewards? I emptied my wallet of USDO Lp's and LQ like 2 weeks ago but I still have pending rewards.
jammin.jez
Amazing
Mava (AI Support)
The APY is calculated based on the compounding frequency and the amount invested. If you buy at different times, each investment will have its own APY calculation based on when it was made and the compounding frequency. The overall APY for your total investment would be an average of these individual APYs, weighted by the amount and time each investment was held.
Mava AI Betajammin.jez
How does it calculate my APY if I’m buying at different times
Mava (AI Support)
To stake USUAL, you need to convert it into USUALx. However, if you already have USUALx, it means your USUAL is already staked. USUALx represents the staked version of USUAL, offering governance participation, economic rights, and compounding rewards. If you want to stake more USUAL, you can do so by converting additional USUAL into USUALx through the Usual platform.
Mava AI Betajammin.jez
How do I stake the usualx coin. I bought it on the Coinbase wallet
kiratsunami
But today the gas fees were outrageously high
kiratsunami
Lol im joking bro
Carlos Soltero
thanks!
Carlos Soltero
yes, for the moment , It is always usual to make super strong consolidations, in which prices drop too much, so at $1.29 it will make a consolidation at approximately 1.05, then I will buy again and sell at 1.5
Usual
gabbyjam. has been banned
Reason: Unspecified
Lucy Barker
so sorry about that
kiratsunami
I don't even have moneny to deposit my LP's in Equilibria ...
XANDER 💜
@Crypto_Kerel can I have some minutes of your time in your dm or the project manager.
basedscarf
eat dirt
Lucy Barker
lol
kiratsunami
bro I'm poor .... just go find someone richer to scam lmao
kiratsunami
that's the way bro
Usual
kiratsunami
thing is ... I think I'm doomed cause Binance has KYC and I sent my tokens from Binance to MM, the IRS can easly find if I spent my tokens ig
XANDER 💜
Hey everyone
famousfxck
@Mr. Lin
kiratsunami
no not yet
famousfxck
@Noé how is this dude not banned yet? 1113568202530758676 @Santoryu🐉 lol
basedscarf
isnt he gone?
kiratsunami
gonna snitch I will tell Macron about this
Santoryu🐉
01/02/2025 at 17:49:34 ESTHello are you still having this issue
famousfxck
Yeah but they don’t get the revenue
punkarcus
I think MakerDAO holders also own the protocol and the revenue
basedscarf
maker is more like an investment corp nowadays
famousfxck
Mainly that Usual shares their revenue with holders
Bro Makerdao and Usual have significant differences
Mava (AI Support)
USUAL and MKR are both governance tokens but serve different protocols with distinct benefits and economic values. USUAL: - Ownership and Revenue: USUAL represents ownership of 100% of the protocol’s revenue, offering real cash flows and aligning incentives with the protocol's growth. - Community-Centric: 90% of USUAL's token supply is allocated to the community, emphasizing a community-first philosophy. - Staking Benefits: USUALx, the staked version, offers governance participation, economic rights, and compounding rewards. - Long-Term Value: Designed for long-term value with disinflationary issuance tied to protocol revenue growth. MKR: - Governance: MKR holders participate in the governance of the MakerDAO, influencing decisions like risk parameters and collateral types. - Stability Fee: MKR is used to pay stability fees in the Maker system, which are burned, reducing supply. - Risk and Reward: MKR holders bear the risk of the system's stability but also benefit from its success through governance and potential appreciation. In summary, USUAL focuses on community empowerment and revenue sharing, while MKR emphasizes governance and system stability. The choice between them depends on whether you prioritize community-driven revenue sharing or governance in a decentralized finance system. References: 1
Mava AI Betapunkarcus
@Mava (AI Support) Compare benefits and economic value of holding USUAL vs. holding MKR.
ZirDeli
Last 30 minutes I'm waiting for approve
Mava (AI Support)
Usual and MakerDAO both operate within the DeFi space but have distinct economic models. Usual focuses on bridging traditional finance with DeFi by offering access to Real-World Assets (RWAs) and is centered around its stablecoin, USD0, which is backed by tokenized RWAs like U.S. Treasury bills. Usual's model emphasizes decentralization, community ownership, and redistribution of value through its governance token, USUAL, which aligns user interests with protocol growth and success. MakerDAO, on the other hand, is known for its stablecoin DAI, which is generated through collateralized debt positions (CDPs) using various cryptocurrencies as collateral. MakerDAO's model is heavily reliant on over-collateralization to maintain DAI's stability and involves a decentralized governance system where MKR token holders vote on key decisions. While both aim to provide decentralized financial solutions, Usual integrates RWAs and emphasizes community ownership and yield generation, whereas MakerDAO focuses on crypto-collateralized stablecoin issuance and governance. References: 1
Mava AI Betapunkarcus
@Mava (AI Support) Compare economic models of Usual and MakerDAO.
punkarcus
@Mava (AI Support) In which country is Usual registered, and where do they operate?
Gabee
Gn
SatoshiXXX
Gm
famousfxck
True
punkarcus
@Mava (AI Support) Where is USUAL team working mostly?
famousfxck
Good TA
europe is the best when it comes to overregulating things nobody asked for, and keeping things in the grey that matter for people. lmaoNoé
Yes, hate it
basedscarf
europe is the best when it comes to overregulating things nobody asked for, and keeping things in the grey that matter for people. lmao
Mava (AI Support)
APR (Annual Percentage Rate) and APY (Annual Percentage Yield) are both measures of interest rates, but they differ in how they account for compounding. APR represents the annual rate charged for earning or borrowing without taking compounding into account. APY, on the other hand, includes the effects of compounding, providing a more accurate representation of the actual annual yield. For USUALx, the APY is currently 20000%, which reflects the compounded returns over a year.
Mava AI BetaSo you have, let's say, USD0
You spend the USD0 but not really, it's just lended
Then you pay back with fiat?Noé
You pay back Onchain, could be through onramp or directly crypto
punkarcus
@Mava (AI Support) Explain APR vs APY of USUALx
Noé
Yes clearly depends on what you do, if you don’t travel a lot or have another card for that, good option tbh
basedscarf
domestic is 0 international is currently with fees, true
Gabee
So you have, let's say, USD0 You spend the USD0 but not really, it's just lended Then you pay back with fiat?
Noé
In Europe at least
That’s a grey zone
You borrow on chain and spends from borrowed funds
Unless
I see.
But then this means this is a taxable event as you are spending crypto into eurodollar, am I right?Noé
Yes
Gabee
I see. But then this means this is a taxable event as you are spending crypto into eurodollar, am I right?
Noé
Non custodial card that uses Gnosis Safe, with zero fee
Noé
Fx
Gabee
What's gnocchis pay
basedscarf
yeah thats unfortunate
Gabee
I'm so done, now that my CRO got rugpulled
basedscarf
or do you mean eth swap fee
basedscarf
what fees? its an Iban acc
Noé
Actually the real way is just bitrefill gift cards
basedscarf
its a debit card
Noé
Gnosis Pay is the way
can recommend @holyheld . but you'd still have to swap for fiat. think they are planning on changig that thoNoé
Fees high asf tho
can recommend @holyheld . but you'd still have to swap for fiat. think they are planning on changig that thoGabee
What's holyheld?
I'm a crypto broke
basedscarf
can recommend @holyheld . but you'd still have to swap for fiat. think they are planning on changig that tho
Gabee
If I don't see "I have 140% of my wealth in crypto", then you're not a real crypto bro
Gabee
You're crypto-only?
Noé
Indeed, crypto is the way friend 🫡
Mava (AI Support)
USUALm is an extension of the stablecoin $M, built using M^0’s stablecoin extension engine. It inherits the safety and transparency of its collateral while adding functionalities crucial for the Usual architecture, such as blacklisting, pausing capabilities, permissioned unwrapping, and custom yield distribution logic.
Mava AI Betapunkarcus
@Mava (AI Support) what is USUALm?
Gabee
Easy to be europoor when all your wealth is in crypto my friend!
euro is backed by USD. We rely on USA way too much.
basedscarf
not the same
basedscarf
euro is shitcoin usd is backed by hellfire missles
Gabee
?
basedscarf
1) What
Gabee
Same difference
Gabee
euro = usd
basedscarf
i am trolling in hopes of receiving the OG role like @BingChilling suggested
621936
Lol usd0 is always 1
Fernando Bu
01/02/2025 at 17:07:28 ESTIs 1.29$ your target?
basedscarf
$USD0 to $2
louixiii
4 trillion is fud
BingChilling
We will go to 4trillion tvl
BingChilling
Big if true
kiratsunami
damn
Carlos Soltero
idk sorry bro
BingChilling
Imagine holding euro. Everyone know euro = shitcoin lmao
Carlos Soltero
i make +400% with USUAL, i think is time to BUY a LOT, the ALT SEASON It has just arrived. Remember! You will only win if you hold, USUAL is not a currency for SHORT trading as it is very unpredictable (in short actions).
BingChilling
U need trolling more
621936
Am in pendle do I get that also
Cortina
Where did you get 40%?
famousfxck
And tomorrow another announcement coming 👀🚀
Paid full in USD0 🔥
Big stuff coming soon
621936
What will happen in 7th Jan ?? Any clue
ox2f
Its my birthday
Hello calling humans and the intrepid bot to ask another question- my usd00+ pendle yt position said yesterday that I had 2.3k usual rewards pending. But today I see 3.2k usual rewards but only 300 usual was released to be claimed. I thought all the pending rewards get disbursedMava (AI Support)
Pending rewards accumulate based on your USD0++ positions. Not all pending rewards are disbursed at once; they are released over time according to the protocol's reward distribution schedule.
Mava AI BetaHello calling humans and the intrepid bot to ask another question- my usd00+ pendle yt position said yesterday that I had 2.3k usual rewards pending. But today I see 3.2k usual rewards but only 300 usual was released to be claimed. I thought all the pending rewards get disbursedUsual
middleagedbiker74
Hello calling humans and the intrepid bot to ask another question- my usd00+ pendle yt position said yesterday that I had 2.3k usual rewards pending. But today I see 3.2k usual rewards but only 300 usual was released to be claimed. I thought all the pending rewards get disbursed
punkarcus
Hello, what will happen on January 7?
Hi guys, trying to find info but I cant... why the website is not showing when the next cycle will be and after how many hours/days should it show rewards on usualx? I staked usualx today.Mava (AI Support)
You should see your rewards at the end of each cycle. Each cycle is 24 hours long. If you're not seeing the countdown, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI BetaHampex
Hi guys, trying to find info but I cant... why the website is not showing when the next cycle will be and after how many hours/days should it show rewards on usualx? I staked usualx today.
Klinta
Eeh why do I not have the OG banner 🥲😘
famousfxck
You could do some godswork fr like an angel 🤷♂️🤷♂️
famousfxck
https://tenor.com/view/oj-simpson-just-saying-im-gif-2413799997952410705
LuLu
Still do, why ?
famousfxck
You worked for Pokimane??
LuLu
@Alexdrn # 📩ㆍsupport-contact
treebeard
You could probably convince binance square that this is the case
famousfxck
Usual Le stablecoin
So, if I understand correctly, the Bot's information is not accurate. Is that right?
I'm asking for confirmation because my English knowledge is limited, and I'm not sure I understood correctly.famousfxck
I mean everyone who has a working brain and some decent intelligence knows that there’s constant USUAL emissions.
Pending includes claimable. So when you claim, both pending and claimable go down the same amountJappix
So, if I understand correctly, the Bot's information is not accurate. Is that right? I'm asking for confirmation because my English knowledge is limited, and I'm not sure I understood correctly.
famousfxck
Nah not really
Hey Bot, when the rewards in the "Pending Rewards" are distributed and become "Claimable," does the value of the "Pending Rewards" decrease by the same amount?treebeard
Pending includes claimable. So when you claim, both pending and claimable go down the same amount
Hey Bot, when the rewards in the "Pending Rewards" are distributed and become "Claimable," does the value of the "Pending Rewards" decrease by the same amount?Jappix
Hey Bot, when the rewards in the "Pending Rewards" are distributed and become "Claimable," does the value of the "Pending Rewards" decrease by the same amount?
621936
either price go down or up some ppl stake more cuz its not about short term . some ppl happy with 10-100 dollar profit some ppl will make 100k profit . and yes we r early and its free market . also square ppl in binance invest 3 dollar in usual and expect to make 3k in one day lol
Sylvan
omg
yeah
Gabee
Probably but who knows
Sylvan
misinformation everywhere
i supposed it will be followed by a big dump over at binance side
There's the usualsp contract that accrues usual for usual* holders (I think). So that shows up in the current supply, but it's not circulating yet. So real circulating supply is still slightly below 494.6M, but it'll go over that pretty soonSylvan
yeah, that's what i thought
Bonjour... Je recherchais des solutions sur votre discord avec ( je pense ou scam) un modérateur/support. J'ai voulu stocké mes usual en usualX. Puis on m'as enlevé tout mes usualX, et on m'as demandé 5000 usualX au total. Après cela j'ai demandé à ce qu'ils annulent leurs transactions. Et mon m'as dis que les frais s'élever a 0.028 ETH. J'ai ajouter 0.04 ETH a mon portefeuille pour être sûr. Puis pouf, tout a disparu. Et maintenant on me demande d'en remettre car j'en aurait mis trop. Je peux joindre les adresses de transaction si quelqu'un peux m'aider... Je suis perdu et j'ai tout perdu ce que j'avais. Quelqu'un aurait-il une explication, me suis-je fais avoir?Gabee
Va dans le canal language selection et coche FR Tu es dans un canal anglophone ici merci
treebeard
There's the usualsp contract that accrues usual for usual* holders (I think). So that shows up in the current supply, but it's not circulating yet. So real circulating supply is still slightly below 494.6M, but it'll go over that pretty soon
Sylvan
soon i guess, like tomorrow
total supply exceeded, but circulation supply not yet
Sylvan
yeah,
famousfxck
Do you know the website Etherscan?
famousfxck
It’s already exceeded
Sylvan
am i right?
meaning at any point of time esp tomorrow, it could exceed 494.6M
treebeard
Yeah that was on dec 18
Sylvan
that's what i thought
why does everyone say that Usual coin's circulating supply stops at 494.6M? i am sure it doesn't right?treebeard
It does not stop at 494.6, they're wrong. It's just people misreading that notice on binance
Sylvan
hi mava?
is it over already?
Sylvan
when is this exact time of spot listing?
DraKryZ
Tu t’es fais scam 🤷🏻♂️
why does everyone say that Usual coin's circulating supply stops at 494.6M? i am sure it doesn't right?Mava (AI Support)
The circulating supply of Usual coin at the time of the spot listing was estimated to be approximately 494.6 million, which is about 12.37% of the total supply. However, this does not mean that the circulating supply is capped at this number. The circulating supply can change over time as more tokens are issued or released from the USUAL* vault, which holds tokens reserved for insiders and is subject to a one-year cliff.
Mava AI BetaBonjour... Je recherchais des solutions sur votre discord avec ( je pense ou scam) un modérateur/support. J'ai voulu stocké mes usual en usualX. Puis on m'as enlevé tout mes usualX, et on m'as demandé 5000 usualX au total. Après cela j'ai demandé à ce qu'ils annulent leurs transactions. Et mon m'as dis que les frais s'élever a 0.028 ETH. J'ai ajouter 0.04 ETH a mon portefeuille pour être sûr. Puis pouf, tout a disparu. Et maintenant on me demande d'en remettre car j'en aurait mis trop. Je peux joindre les adresses de transaction si quelqu'un peux m'aider... Je suis perdu et j'ai tout perdu ce que j'avais. Quelqu'un aurait-il une explication, me suis-je fais avoir?DraKryZ
C’est parti
Sylvan
why does everyone say that Usual coin's circulating supply stops at 494.6M? i am sure it doesn't right?
It does matter. Holder wants to know when and how USUAL emission increase. Price doesn't take into account direct revenues, because it's an indirect catalyst.Noé
If "holders want to know", they can just read the docs or check the minting factor, like everyone else. It's public, nothing is hidden. I'm only saying: emission follows revenue and always stays lower, so doesn't matter that much if it's higher (lower revenue) or lower (higher revenue).
oliversinan
Any discussions with Aave happening to integrate USD0 & USD0++?
s10
It does matter. Holder wants to know when and how USUAL emission increase. Price doesn't take into account direct revenues, because it's an indirect catalyst.
Alexdrn
je ne peux pas la rentré..
Tous mes fonds ont été envoyé a cette adresse :
Bonjour... Je recherchais des solutions sur votre discord avec ( je pense ou scam) un modérateur/support. J'ai voulu stocké mes usual en usualX. Puis on m'as enlevé tout mes usualX, et on m'as demandé 5000 usualX au total. Après cela j'ai demandé à ce qu'ils annulent leurs transactions. Et mon m'as dis que les frais s'élever a 0.028 ETH. J'ai ajouter 0.04 ETH a mon portefeuille pour être sûr. Puis pouf, tout a disparu. Et maintenant on me demande d'en remettre car j'en aurait mis trop. Je peux joindre les adresses de transaction si quelqu'un peux m'aider... Je suis perdu et j'ai tout perdu ce que j'avais. Quelqu'un aurait-il une explication, me suis-je fais avoir?Mava (AI Support)
Je suis désolé d'apprendre ce qui vous est arrivé. Il semble que vous ayez été victime d'une arnaque. Usual ne demanderait jamais de frais supplémentaires pour annuler des transactions ou pour récupérer des fonds. Je vous recommande de ne pas envoyer plus de fonds et de signaler cet incident aux autorités compétentes. Assurez-vous également de sécuriser votre portefeuille et de ne pas partager vos informations sensibles. Pour toute assistance supplémentaire, veuillez contacter le support officiel d'Usual directement via leurs canaux officiels.
Mava AI BetaAlexdrn
Bonjour... Je recherchais des solutions sur votre discord avec ( je pense ou scam) un modérateur/support. J'ai voulu stocké mes usual en usualX. Puis on m'as enlevé tout mes usualX, et on m'as demandé 5000 usualX au total. Après cela j'ai demandé à ce qu'ils annulent leurs transactions. Et mon m'as dis que les frais s'élever a 0.028 ETH. J'ai ajouter 0.04 ETH a mon portefeuille pour être sûr. Puis pouf, tout a disparu. Et maintenant on me demande d'en remettre car j'en aurait mis trop. Je peux joindre les adresses de transaction si quelqu'un peux m'aider... Je suis perdu et j'ai tout perdu ce que j'avais. Quelqu'un aurait-il une explication, me suis-je fais avoir?
Noé
I don't see what that changes boss
Tvl is almost back to where it was before the depeg, but the emission rate is at 3.3, I remember it was at 3.1 around same TVLNoé
Yes?
Tvl is almost back to where it was before the depeg, but the emission rate is at 3.3, I remember it was at 3.1 around same TVLptitspapiers
Yes it was 3.1
Mava (AI Support)
Yes, the USUALx LP in Pendle is subject to the fee switch mechanism. This means that a portion of the fees collected from USUALx activities, such as unstaking fees, are allocated as rewards to USUALx holders.
Mava AI Beta
kim
Is the usualx lp in pendle the subject of the fee switch?
Noé
so it doesn't really matter from a metrics perspective
The documentation states: As the protocol grows, USUAL becomes increasingly scarce. The emission rate of USUAL relative to total TVL decreases with new deposits, which is intended to boost its intrinsic value over time.
Is it true in the other side of things, if the TVL decreases the USUAL emission rate increases? @Mava (AI Support)Noé
Yes, but emission always stays lower than the actual revenue
LuLu
@Alexdrn Anyone Dm'ing is a scammer.
The documentation states: As the protocol grows, USUAL becomes increasingly scarce. The emission rate of USUAL relative to total TVL decreases with new deposits, which is intended to boost its intrinsic value over time.
Is it true in the other side of things, if the TVL decreases the USUAL emission rate increases? @Mava (AI Support)Mava (AI Support)
The documentation does not explicitly state that a decrease in TVL would lead to an increase in the USUAL emission rate. The emission model is designed to promote scarcity and align incentives for early adopters and long-term holders, with emissions decreasing as TVL grows. However, it does not specify the behavior of emissions if TVL decreases. Reference: 1
Mava AI Betas10
The documentation states: As the protocol grows, USUAL becomes increasingly scarce. The emission rate of USUAL relative to total TVL decreases with new deposits, which is intended to boost its intrinsic value over time. Is it true in the other side of things, if the TVL decreases the USUAL emission rate increases? @Mava (AI Support)
But how many time until i see the first auto compouding coming ? I've stack them the 22th of december if i remember correctlyMava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. You won't see 'Pending Rewards' as they are auto-compounded. The amount you can unstake will increase over time as rewards accumulate. Therefore, you may not see a change in your balance immediately, but the value of your stake is increasing.
Mava AI BetaJordan.
But how many time until i see the first auto compouding coming ? I've stack them the 22th of december if i remember correctly
Rebases ? What do it mean ?
unknown l
usualx doesn't give rewards via pending rewards it rebases your usual entitlement, atm the UI is confusing but they are revamping it so you'll be able to see earnings much more clearly before the end of jan
yes, if you remove funds you can still claim the pending rewards after waiting the 7 days
nein 🧲
WOW ok and if i remove my funds will i still get them?
Jordan.
I've the same issue with usualX nein
unknown l
no the rewards are always delayed 7 days
nein 🧲
and then after no more verification period?
that means only for the 7 first days of my USD0++ deposits i will have this issue right
nein 🧲
USD0++ and liquidity rewards have a 7-day verification period before distributions begin. After that, rewards are distributed daily and can be claimed from your account.
Jordan.
Is it the same for usualX ?
nein 🧲
or just for the first week?
Gunner funk
Yes
nein 🧲
but will it be always like that?
Jordan.
What about usualX ?
There's a daily distribution of usual, each day's rewards are claimable 7 days after they are distributednein 🧲
ok i understand better now so each of the days have a 7 period verification thing
Gunner funk
Scammer alert
nein 🧲
ohh
Mava (AI Support)
You might not be able to claim all your rewards today due to the 7-day cooldown period for USD0++ rewards. This means that while your rewards are earned, you have to wait 7 days before you can claim them.
Mava AI Betatreebeard
There's a daily distribution of usual, each day's rewards are claimable 7 days after they are distributed
nein 🧲
why can't i claim all my rewards today
i deposited my funds the 25th december
It's 7 days from the time you get the rewards. E.g. 1/1 distribution is claimable on 1/8, 1/2 on 1/9, etcnein 🧲
i don't get it
treebeard
It's 7 days from the time you get the rewards. E.g. 1/1 distribution is claimable on 1/8, 1/2 on 1/9, etc
nein 🧲
what?
nein 🧲
I already waited more than 7 days.. @Mava (AI Support)
Usual
Mava (AI Support)
Pending rewards from USD0++ positions have a 7-day cooldown period before they can be claimed. This means you need to wait 7 days from when the rewards are earned before you can claim them.
Mava AI Betanein 🧲
why can't i claim my pending rewards?
famousfxck
1.735B$ TVL 32% staked
Gunner funk
Tvl is almost back to where it was before the depeg, but the emission rate is at 3.3, I remember it was at 3.1 around same TVL
nein
# Channel Not Found
s10
So good.
The bot is honestly bluffing
The doc says: " The USUAL token's value increases with the Total Value Locked (TVL). Early participation is theoretically highly beneficial, as the rewards are greater for those who join sooner."
Is it true ou hypothetical? @Mava (AI Support)Mava (AI Support)
The statement is theoretical. It suggests that early participation could be beneficial because the rewards are greater for those who join sooner, but it does not guarantee this outcome. Reference: 1
Mava AI Beta
s10
The doc says: " The USUAL token's value increases with the Total Value Locked (TVL). Early participation is theoretically highly beneficial, as the rewards are greater for those who join sooner." Is it true ou hypothetical? @Mava (AI Support)
Grpprofesional
I don’t get it. What’s the gig of that? Slippage free swaps between those three assets or they just integrated the USUAL.money smart contracts to their dapp?
Grpprofesional
Nice time for shorting it
Thua thì chung
01/02/2025 at 11:33:39 ESTThank you
Holding usd0++ gets you usual, not usualx. Need to stake it yourself. I'm assuming the fee switch refers to distributing the revenue to usualx stakers, but we'll find out if that's right pretty soonGrpprofesional
Wish you could switch a toggle to autostake your rewards so you don’t have to manually claim and stake every day
Thua thì chung
01/02/2025 at 11:31:16 ESTWhen is the next time the total circulating supply will be unlocked?
louixiii
Do I get more usual from usualx?
famousfxck
I’m glad I swapped all my EUR for USD in summer. Holy fk euro is getting destroyed
louixiii
You need to stake usual and lock for 4 years to get usualx?
Holding usd0++ gets you usual, not usualx. Need to stake it yourself. I'm assuming the fee switch refers to distributing the revenue to usualx stakers, but we'll find out if that's right pretty soon
Capt 𝞃
Thank you
treebeard
Holding usd0++ gets you usual, not usualx. Need to stake it yourself. I'm assuming the fee switch refers to distributing the revenue to usualx stakers, but we'll find out if that's right pretty soon
ruskit.
Agreed bro
All good now, thanks guys
Thanks Tree 👍 must be some kind of issue with binance web wallet it keeps saying not enough Eth to pay the gas 🤔Grpprofesional
Quit using cex bro embrace DEX
Thanks Tree 👍 must be some kind of issue with binance web wallet it keeps saying not enough Eth to pay the gas 🤔Grpprofesional
Current mainnet gas price is min 13.5 and for high speed 16.6 GWEI per unit of gas.
Capt 𝞃
What is fee switch? If i hold usd0++, i will get reward in usualx? @Mava (AI Support) @Noé
Gas price is around 11 rn, but it's lower during weekends and late nights (US time). Approx 150k gas limit. So like 0.00165 ethruskit.
Thanks Tree 👍 must be some kind of issue with binance web wallet it keeps saying not enough Eth to pay the gas 🤔
@Gunner funk as revenue grows, less $USUAL is minted, so the 4B supply implies that even if we reach 4 trillions in TVL, scarcity would be enough to not go aboveGrpprofesional
Hmm So would that mean that once usual is fully minted we can technically redeem it for something else on the protocol?
Grpprofesional
🫡
Can someone help me? I staked on December 20th and December 28th. The rewards are not coming in. Is anyone else experiencing this?Usual
vinimiranda
Can someone help me? I staked on December 20th and December 28th. The rewards are not coming in. Is anyone else experiencing this?
Grpprofesional
https://tenor.com/view/kowalski-noted-penguins-penguins-of-madagascar-gif-1306663699157096677
GHOST
Olá!!
s10
ok, thanks
mmm
Noé
treebeard
Gas price is around 11 rn, but it's lower during weekends and late nights (US time). Approx 150k gas limit. So like 0.00165 eth
s10
If you have the answer, @ me please
Noe or anyone from the team
Cool
s10
On which DeFi dApp / protocol is USD0++ integrated? @Mava (AI Support)
Mava (AI Support)
The gas fees for staking USUAL depend on the current Ethereum network conditions. If you're getting stuck with 0.03 ETH, it might not be sufficient due to high network congestion or gas prices. You may need to increase the gas limit or wait for lower network activity.
Mava AI Betaruskit.
How much gas to stake usual please? Getting stuck with 0.03
Mava (AI Support)
Yes, you can leave your USUALx staked for as long as you like. The staking process is designed to be flexible, allowing you to stake and unstake according to your preferences.
Mava AI Beta
ShiroYuki
@Mava (AI Support) can I leave my USUALx to stake for many years?
Noé
yes
Noé
@Gunner funk as revenue grows, less $USUAL is minted, so the 4B supply implies that even if we reach 4 trillions in TVL, scarcity would be enough to not go above
Dave.race
Do we know when Early Redemption will be implemented?
Ganja
01/02/2025 at 11:07:04 ESTWhen will your USUAL increase to $2?
Noé
Nope
Mava (AI Support)
The circulating supply at the time of the spot listing was approximately 12.37% of the total supply. This includes 7.5% for the Binance Launchpool and 0.6% for Market Makers. The remaining portion of the airdrop is subject to users' decisions based on their choice to stay in the system or pay the DAO contribution. The total supply is designed to be 4 billion over 4 years, depending on the collateral yield conditions.
Mava AI BetaGunner funk
Then the emission should stretch beyond 2028
Thua thì chung
01/02/2025 at 11:05:04 ESTCan you give me the schedule for unlocking the total circulating supply of tokens?
Dave.race
Thanks, Noé and Grpprofesional, I really appreaciate it.
Gunner funk
How so? The emission reduces with TVL right, what if usual manages to get 100 bilion in TVL
Noé
but USUAL theoritical max supply is 4B, reached in 2028
Noé
What after 2028 is to be announced 👀
Because maturity time is the same for every USD0++, 2028. So it's maturity minus time T, not time since you stakedGrpprofesional
Ooooh And what after 2028? No moar minting USUAL?
Grpprofesional
Technically yes I guess
But if you buy USD0++ on secondary and you never actually staked:
how does the system know how long did the USD0++ you own has been staked?Noé
Because maturity time is the same for every USD0++, 2028. So it's maturity minus time T, not time since you staked
Dave.race
And if you don't have USUAL, you swap the USD0++ you unstake for USUAL to pay, yes?
I think I don't fully understand since it hasn't been implemented at the moment, but...
At the moment, USUAL can be claimed after 7 days (if I'm not mistaken), so how could we sacrifice "6 months of rewards"?Noé
Because you'd have to pay
Gunner funk
Don't want to reinstall wallet in different browsers
Prolly means you’d have to pay an amount of USUAL equivalent of current APY of USD0++ for 6 months.Dave.race
So, basically, not redeemable 1:1 for USD0
Let jus know if you found a solution. I also faced same issue, I was asked to clear cookies and cache. It dint work for me.Grpprofesional
Tried a different browser? Like brave browser or Mozilla?
Gunner funk
Let jus know if you found a solution. I also faced same issue, I was asked to clear cookies and cache. It dint work for me.
I think I don't fully understand since it hasn't been implemented at the moment, but...
At the moment, USUAL can be claimed after 7 days (if I'm not mistaken), so how could we sacrifice "6 months of rewards"?No, Early Redemption mean that if you want to redeem at a guaranteed 1:1 rate your USD0++ on the primary market (before maturity), you’d have to sacrifice an amount of $USUAL (minimum is 0, maximum is 6 months of rewards).
You would still be able to swap on the secondary market as always. It’s just another mechanism on top.Dave.race
I think I don't fully understand since it hasn't been implemented at the moment, but... At the moment, USUAL can be claimed after 7 days (if I'm not mistaken), so how could we sacrifice "6 months of rewards"?
No, Early Redemption mean that if you want to redeem at a guaranteed 1:1 rate your USD0++ on the primary market (before maturity), you’d have to sacrifice an amount of $USUAL (minimum is 0, maximum is 6 months of rewards).
You would still be able to swap on the secondary market as always. It’s just another mechanism on top.Grpprofesional
But if you buy USD0++ on secondary and you never actually staked: how does the system know how long did the USD0++ you own has been staked?
Noé
No, Early Redemption mean that if you want to redeem at a guaranteed 1:1 rate your USD0++ on the primary market (before maturity), you’d have to sacrifice an amount of $USUAL (minimum is 0, maximum is 6 months of rewards). You would still be able to swap on the secondary market as always. It’s just another mechanism on top.
basedscarf
insider info: usual will replace usdc and usdt and be the first stablecoin with real ownership and revshare
Grpprofesional
Wait is staking halal?
Dave.race
Is this true? Unstaking does not mean that you recover the full USD0 that you staked?
Gunner funk
Why are they buying? Any insider Info they have?
Dynamo
because pendings rewards are released daily
PamPam
01/02/2025 at 10:48:49 ESTokay
Dynamo
anytime my friend! ❤️
nein
Just did now
Grpprofesional
@Mava (AI Support) if I bridge my USD0++ to Arbitrum, do I get the USUAL rewards accounted for on Mainnet?
betweenthelines
Everyone in this community is so kind 🫶🏼 🤣
Noé
Could you open a ticket on # 📩ㆍsupport-contact ?
nein
its at 0, i see it all under my pending rewards but NOTHING is claimable rn
Question:
When Early Unstaking is implemented, will the unstake of USD0++ be 1:1 for USD0? Or if USD0 trades at a discount, then then the unstake will also not be 1:1?Mava (AI Support)
Currently, the Early Redemption feature is not live, and you can unstake USD0++ at an almost 1:1 rate. However, once the Early Unstaking feature is implemented, the specifics of the rate will depend on the market conditions at that time, including any discounts on USD0.
Mava AI Betakiratsunami
I knew it hhh
Noé
You should have an amount under "claim rewards"
Mava (AI Support)
You should be able to claim your tokens after the 7-day verification period. If it's been 8 days and you still can't claim, please ensure there are no issues with your wallet connection or try clearing your cache and cookies. If the problem persists, it might be best to contact support for further assistance.
Mava AI Beta
I suppose to receive my claim rewards 15 minutes ago ( at the end of the cycle) but this time didn't happen. same behavior for all my other walletsGunner funk
So you got other wallets loaded with million's as well? Are you dubai shek?
nein
for fck sake when will i be able to claim my tokens its been 8 days
I say nay.
Protocols should be incentivised by ETH themselves to deploy on L2s if they deemed it the scaling solution, but they don’t even have trust on their own project
Vitalik himself has large part of his ETH not staked bc he doesn’t fully trust the security of it 💀💀💀Noé
You do know that most of the recent updates were to optimize L2s right?
Well, hate the game, not the player: can't force protocols to start launching on L2 exclusively when indeed liquidity there is low.
But the key is to deploy on mainnet first and then on L2 (see Morpho - works great, TVL on Base is huge).Grpprofesional
I say nay. Protocols should be incentivised by ETH themselves to deploy on L2s if they deemed it the scaling solution, but they don’t even have trust on their own project Vitalik himself has large part of his ETH not staked bc he doesn’t fully trust the security of it 💀💀💀
Dynamo
what does this mean exactly?
Gunner funk
Are there many millionaire's amongst us?
there is an issue on the UI, tried to clear cache and restart in incognito mode but the error is still thereGunner funk
How the foook did you managed to make 5 milly?
Noé
revenue switch
Se what I mean?
Part of the problem here.
“I don’t want to be on less liquid networks”
Proceeds to make said networks less liquid by jumping on the wagon.
I understand the premise, but this just makes my whole point so much more valid.
ETH security is essential, but they show no interest on spending some 1 million in paying proper wizards to code a proper language EVM client running and just keep it on a high level languages, which are literally thousands of times less efficient.Noé
Well, hate the game, not the player: can't force protocols to start launching on L2 exclusively when indeed liquidity there is low. But the key is to deploy on mainnet first and then on L2 (see Morpho - works great, TVL on Base is huge).
Dynamo
@Noé a small hint maybe? ❤️
Grpprofesional
Se what I mean? Part of the problem here. “I don’t want to be on less liquid networks” Proceeds to make said networks less liquid by jumping on the wagon. I understand the premise, but this just makes my whole point so much more valid. ETH security is essential, but they show no interest on spending some 1 million in paying proper wizards to code a proper language EVM client running and just keep it on a high level languages, which are literally thousands of times less efficient.
betweenthelines
I've a dentist appt that day
Dynamo
are we gonna eat guud?
hey whats gonna happen on 7th? im so curious
Noé
sooo
I know the roadmap my dude.
But if you rlly want to make the difference just make it be native L2 and be a pioneer, instead of just joining the “yeey we are mainnet and some day on L2” wagonNoé
Well, goal isn't to have $5M in TVL
or maybe you prefer us launching on 50 chains right now and taking 3 years to deploy each new feature
TR0UBL35H00T3R
Arbitrum would have been better
Grpprofesional
I know the roadmap my dude. But if you rlly want to make the difference just make it be native L2 and be a pioneer, instead of just joining the “yeey we are mainnet and some day on L2” wagon
Noé
or maybe you prefer us launching on 50 chains right now and taking 3 years to deploy each new feature
Usual
Deploy projects as native L2 instead of like everyone else deploying protocols on mainnet so that the 80% of the entire DeFi liquidity exists on Mainnet alone.
My man pulling a smug face joke when his own protocol is mainnet exclusive. 
kiratsunami
will this help with lower gas fees ?
Gunner funk
Stable coin business is booming making 47% of all defi revenue
Noé
building strong first and then deploying
Deploy projects as native L2 instead of like everyone else deploying protocols on mainnet so that the 80% of the entire DeFi liquidity exists on Mainnet alone.
My man pulling a smug face joke when his own protocol is mainnet exclusive. Noé
Same as for Ethereum, we're on Ethereum first and then L2s
it's detailed in the whitepaper
Noé
the investors & team token
Grpprofesional
Deploy projects as native L2 instead of like everyone else deploying protocols on mainnet so that the 80% of the entire DeFi liquidity exists on Mainnet alone.
My man pulling a smug face joke when his own protocol is mainnet exclusive.
punk(3x3)🚬
What is usual*?
And if usual tokens are only emitted when revenue is generated, does it apply to the usual tokens that the investors/ angels are getting?Mava (AI Support)
Yes, the emission of USUAL tokens is linked to the revenue generated by the protocol. However, the tokens allocated to investors and the team are part of a separate allocation known as USUAL*. This allocation is cliffed for a year and vested over three years to ensure it does not affect normal users.
Mava AI Betapunk(3x3)🚬
And if usual tokens are only emitted when revenue is generated, does it apply to the usual tokens that the investors/ angels are getting?
Noé
that's what L2s are for
Ethereum won't compromise security
I hate that about the EVM
They charge irl money so that you can’t send a loop and kill the ecosystem, but also they show so little interest on scalability problems.
Sharding was ditched completely
And they Not even trying to implement a “pure” EVM client running on C or ASSEMBLY to make the computing power we are paying for to be at its fullest.
We basically paying congestion charges for a highway that isn’t even high speed and isn’t even 6 lanes.Noé
use L2 then
Grpprofesional
I hate that about the EVM They charge irl money so that you can’t send a loop and kill the ecosystem, but also they show so little interest on scalability problems. Sharding was ditched completely And they Not even trying to implement a “pure” EVM client running on C or ASSEMBLY to make the computing power we are paying for to be at its fullest. We basically paying congestion charges for a highway that isn’t even high speed and isn’t even 6 lanes.
punk(3x3)🚬
Wen does investor/ angels get access to their usual tokens?
kiratsunami
this is my country ❤️🔥
kiratsunami
tsiwled s Tmazight ?
kiratsunami
Awma chek d Arifi ?
bobadoge
Great
0xconvergence
How much is the upside for the fee distribution? Approx. an additional 10% on principal based off the current tvl or what do you think ?
Is there any fee for going from USD0++ to USD0 and if that will be then what will the fee be?Gucci_Gopnik
Is there any fee for going from USD0++ to USD0 and if that will be then what will the fee be?
kiratsunami
are you Moroccan ?
famousfxck
Anyway inshallah max bid, full staking
ban this guy please
id : 1306304601372364800
@Machiko | Indonesian Assist 🇮🇩
@BingChilling bro you are famous they are trying to copy your profile lmaofamousfxck
Yup or you can claim straight from the smart contract probably
andrewdubai
guy rewards are visibile, so it takes sometimes
btw
is there a way to check the gas fees price ... and compare them by time like a chart to see when it's cheap ...Grpprofesional
Etherscan has a tool for it, check it out. There’s also third party tools to track gas prices like the bitbond one, just google bitbond gas price tracker. And of course the Rabby wallet one but it’s not historical, only shows current GWEI price for unit of gas. But it also allows you to set a price manually and to set a max gas amount you’re willing to pay for a specific tx, although if you set a price too low your tx will fail and there will be no gas reimbursement.
btw
is there a way to check the gas fees price ... and compare them by time like a chart to see when it's cheap ...
Zak
etherscan has a feature for that bro
when will we be able to claim our rewards tho? for my part it’s been more than 8 days - distribution time is different from the TOKENs distribution that is showed on the UI?Grpprofesional
You holding 100k USD0++ right? Should have accumulated over a hundred USUAL in the UI if that’s the case.
Oh yes the EQB pool I did read about.
Eh I’ll see
I was actually keen to get some EQB and stake+vote for the bribeskiratsunami
btw is there a way to check the gas fees price ... and compare them by time like a chart to see when it's cheap ...
Grpprofesional
Oh yes the EQB pool I did read about. Eh I’ll see I was actually keen to get some EQB and stake+vote for the bribes
Zak
lmfao it's a joke guys
bobadoge
Ridiculous. How do you define bad 😀
andrewdubai
I don't think so, if they start to ban people for this their MCAP will be go to zero
Zak
maybe you were a bad onchain boy and the usual team punished you with no rewards
no. the pending and claimable part are updated at the same time. if delay, both will get delayed. but today, only claimable part get delayed..Zak
it already happened to me once to have claimable appear later than pending
bobadoge
no. the pending and claimable part are updated at the same time. if delay, both will get delayed. but today, only claimable part get delayed..
chill, it can take a few hours to appear as claimable rewards 😉
Today’s distribution I only get pending rewards, claimable part doesn’t increases. My 80% part stays in the pool for more than 10+daysbobadoge
Seems common issue for today, Team are you looking at this issue?
Peter Pan
Today’s distribution I only get pending rewards, claimable part doesn’t increases. My 80% part stays in the pool for more than 10+days
I would like to share who is buying this but it's better to keep secret for a while...... it will get out mid 2025famousfxck
What do you mean? Buying what?
BingChilling
amazing im not even team/mod lol
nein
when will we be able to claim our rewards tho? for my part it’s been more than 8 days - distribution time is different from the TOKENs distribution that is showed on the UI?
They were?
They’ve been audited by the same auditors than Pendle 💀💀
Proof that audits don’t guarantee shtI add some usd0 to stake, this portion will influence my entire account and make it count another 7 days?Noé
rewards are a time weighted average of your holdings per cycle
thing is ...
Equilibria is less secure than Pendle and they got already hacked that's what is scaring me ....I add some usd0 to stake, this portion will influence my entire account and make it count another 7 days?Mava (AI Support)
When you stake USD0, the rewards accumulate daily, but there is a 7-day period before you can claim them. This 7-day period applies to the rewards from the newly staked USD0, not the entire account.
Mava AI BetaPeter Pan
I add some usd0 to stake, this portion will influence my entire account and make it count another 7 days?
I unstake small portion(about 10%) of usd0+ to usd0, after 1h I stake usd0 back again. At the end of the circle, I found the pending reward increases but claimable usual doesn’t increase. I must to wait for another 7days ?Mava (AI Support)
Yes, for USD0++, rewards accumulate daily, but there is a 7-day period before you can claim them. This means that even if your pending rewards increase, you will need to wait for the 7-day period to pass before the rewards become claimable.
Mava AI BetaPeter Pan
I unstake small portion(about 10%) of usd0+ to usd0, after 1h I stake usd0 back again. At the end of the circle, I found the pending reward increases but claimable usual doesn’t increase. I must to wait for another 7days ?
OxygenG
allah yerham halal money
andrewdubai
I think we have more money that Tate....
OxygenG
andrewdubai = andrew tate
andrewdubai
but definetely Habibi are buying
bobadoge
Then why can not claim today? Previously I claimed everyday successfully
andrewdubai
I would like to share who is buying this but it's better to keep secret for a while...... it will get out mid 2025
andrewdubai
no PANIC guys, nothing wrong is happening
nein
lol ill be asleep in 9 hours
0xFar5eer
I see, i usually claim in 9 hours from now when wake up
there is an issue on the UI, tried to clear cache and restart in incognito mode but the error is still therefamousfxck
This is the “habibi come to Dubai” money
I have same problem with this user today. I claim $USUAL reward everyday, but today, it shows nothing to claim. I still have a lot of $USUAL pending to claim..bobadoge
Team please check and clarify ASAP so that users won't be panic
nein
ok will wait a few hours
basedscarf
i wouldnt 🙂
Distribution usually happen in a few hours for today afaik
Its 8th day for you so should get today claimable amount soonnein
i see it in my pending rewards but can’t claim
there is an issue on the UI, tried to clear cache and restart in incognito mode but the error is still therebobadoge
I have same problem with this user today. I claim $USUAL reward everyday, but today, it shows nothing to claim. I still have a lot of $USUAL pending to claim..
0xFar5eer
Distribution usually happen in a few hours for today afaik Its 8th day for you so should get today claimable amount soon
nein
so basically 8 days rn it’s not a few hours that are gonna fix it
nein
bruuh i’m in since 25th december
0xFar5eer
Then wait a few hours should get it
Mava (AI Support)
The fee switch refers to the mechanism where the DAO can redirect treasury funds, accrued from interest earned on USD0 collateral, as dividends to USUALx holders. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Betaandrewdubai
me too, I think there is a general issue, I didn't dig on the Smart contract side but maybe the team or the team bot need to send a transaction
bobadoge
what is the fee switch that to be enabled? what fee?
After 7 days you can claim the first day of rewards
On 8th day - 1st day rewards
9th day - 2nd day rewards
...nein
i’ve been in it for more than 7 days and i still can’t claim lol
andrewdubai
I am fine, I don't need to have USUAL on my wallet, just to get the information to put on the Excel file
0xFar5eer
Then everyone can claim for today
I suppose to receive my claim rewards 15 minutes ago ( at the end of the cycle) but this time didn't happen. same behavior for all my other wallets0xFar5eer
Just wait for a while team double check data and push the button
andrewdubai
thanks, I have already done this procedure without success
I suppose to receive my claim rewards 15 minutes ago ( at the end of the cycle) but this time didn't happen. same behavior for all my other walletsMava (AI Support)
It seems like there might be a delay or issue with the reward distribution. Please try clearing your cache, cookies, reconnecting your wallet, and switching networks. If the issue persists, it might be best to contact support for further assistance.
Mava AI Betaandrewdubai
I suppose to receive my claim rewards 15 minutes ago ( at the end of the cycle) but this time didn't happen. same behavior for all my other wallets
Buhrkn
01/02/2025 at 09:55:49 ESTWhy
OxygenG
im considering just selling my usd0++ and buying USUAL/USUALx on markets cex/dex
After 7 days you can claim the first day of rewards
On 8th day - 1st day rewards
9th day - 2nd day rewards
...andrewdubai
I know this, I already claim succesfully until yestarday
I have the same issue for other wallets as well, zero token to claim or zero pending rewards even if the 7 days passed and I successfully and regularly claimed my rewards until yesterday0xFar5eer
After 7 days you can claim the first day of rewards On 8th day - 1st day rewards 9th day - 2nd day rewards ...
andrewdubai
not so big for USUAL 😆
Do someone know how to be able to switch my usual to arbitrum or do you are all on Eth blockchain ?Mava (AI Support)
You can bridge USD0 and USD0++ between Ethereum and Arbitrum using Stargate. This allows you to move your assets from Ethereum to Arbitrum. However, please note that the Usual dApp isn't live on Arbitrum yet, so direct minting on Arbitrum isn't possible at the moment.
Mava AI BetaLavender- Solayer invite I58ECJ
Do someone know how to be able to switch my usual to arbitrum or do you are all on Eth blockchain ?
OxygenG
dayum theres always a bigger whale luls
Noé
# 📩ㆍsupport-contact
there is an issue on the UI, tried to clear cache and restart in incognito mode but the error is still thereNoé
could you open a ticket and share your wallet address please?
andrewdubai
In total more than 100K USUAL.... is there any issue already addressed by the team?
I have the same issue for other wallets as well, zero token to claim or zero pending rewards even if the 7 days passed and I successfully and regularly claimed my rewards until yesterday
Usual
Buhrkn
01/02/2025 at 09:45:12 ESTNo refer to admin
12
but it show only can claim 14usual
Usual
Buhrkn
01/02/2025 at 09:44:50 ESTRefer to the admin for more details
Mava (AI Support)
You can bridge your USD0 and USD0++ tokens from Ethereum to Arbitrum using the Stargate cross-chain bridging platform. Visit Stargate's bridge interface, choose the asset (USD0 or USD0++), set the transfer amount, and confirm the transfer. This will allow you to move your tokens from Ethereum to Arbitrum.
Mava AI BetaLavender- Solayer invite I58ECJ
How can I switch my usual token from eth to arbitrum blockchain ?
Buhrkn
01/02/2025 at 09:43:59 ESTNow
Do you know how to send usual by avalanche blockchain ? I have a avax wallet but binance only able me to sent it on eth blockchain.Mava (AI Support)
Currently, Usual is available on Ethereum and Arbitrum networks. It is not available on the Avalanche blockchain. Therefore, you can only send Usual using the Ethereum network from Binance.
Mava AI Betafamousfxck
Now it’s 500M+ and it will keep going up ofc
Lavender- Solayer invite I58ECJ
Do you know how to send usual by avalanche blockchain ? I have a avax wallet but binance only able me to sent it on eth blockchain.
kiratsunami
thing is ... Equilibria is less secure than Pendle and they got already hacked that's what is scaring me ....
Hello, does usual just work on ethereum for gas fees ? because 20 $ for a transaction ..Mava (AI Support)
Usual operates on both Ethereum and Arbitrum networks. The high transaction fees you are experiencing are likely due to the Ethereum network's gas fees, which can fluctuate based on network congestion. Using Arbitrum might offer lower fees.
Mava AI BetaLavender- Solayer invite I58ECJ
Hello, does usual just work on ethereum for gas fees ? because 20 $ for a transaction ..
Grpprofesional
Never
Anyway use my trick with caution, not always valid, just monitor gas price throughout the day yourself I recommend using Rabby wallet which has a gas tracker on the UI
thx bro, I will do it tomorrow, the main reason why I didn't do it yet (going to Equilibria) was bc of the gas fees ...Equilibria offers you the ability to give them your already owned LP tokens to proxy them so that you earn the extra Pendle yield.
Recently we started getting Pendle incentives on the usualx pool that weren’t there at the start.
Only loss here for you would be the extortive gas price.
If you’re in European time, my personal go-to for mainnet gas management is to trade during 9-12 in the morning while the Americans are asleep.
NFAkiratsunami
thx bro, I will do it tomorrow, the main reason why I didn't do it yet (going to Equilibria) was bc of the gas fees ...
Grpprofesional
Wot
OxygenG
0.0000% dare you to short it luls
Grpprofesional
And what’s the advantage of it over other Mainnets like Polkadot/ETH/SOL etc?
now i'm on LP in Pendle, is it a good idea to go to Equilibria now ??? or is it too late ?? from what I see Equilibria offers same yields, only thing that change is the yield for PendleGrpprofesional
Equilibria offers you the ability to give them your already owned LP tokens to proxy them so that you earn the extra Pendle yield. Recently we started getting Pendle incentives on the usualx pool that weren’t there at the start. Only loss here for you would be the extortive gas price. If you’re in European time, my personal go-to for mainnet gas management is to trade during 9-12 in the morning while the Americans are asleep. NFA
LN123321
Usual's circulating supply will be 494.6m ? in 2025 ???
LN123321
i mean right now
LN123321
the maximum of circulation supply is 494.6m right ?
ayaangavandi
Why no dr0p for galxee?
basedscarf
usualx is a vault share and increases its value in its exchange rate relative to unstaked usual
basedscarf
whats the funding rate for shorting?
Usual
guaiguainv
I would like to ask if I can receive the staking income after staking USUAL tokens.
basedscarf
you would need to stake your usual
OxygenG
on defi dydx you can buy usual perp 20x margin @ 0.0000% funding rate crazy
basedscarf
are u talking about the potential fee switch ?
oompaloompa
@Noé could you please clarify this
basedscarf
you realize that december already passed ?
Mava (AI Support)
The distribution of revenue to $USUAL holders is done through the $USUAL token, which is revenue-based. The specific mechanism of distribution, whether through burning or buyback, is not detailed in the available documentation.
Mava AI Betaoompaloompa
how's revenue distributed to $USUAL holders , is it through burning or buyback ?
guaiguainv
When will USUAL token staking begin in December?
generalmasango
Can you swap USDT to USDO++ or you first convert to USDO
Noé
Noé
just read # 🤖ㆍtroubleshooting
> I don't see the "Next Cycle" countdown
> If you have no USD0++ related positions, you won't see the countdown. This is the case even if you have USUALx, since only USD0++ related rewards depend on a countdown.
xtreme11
pending rewards also shows 0
Noé
source: # 🤖ㆍtroubleshooting
Noé
> I don't see the "Next Cycle" countdown > If you have no USD0++ related positions, you won't see the countdown. This is the case even if you have USUALx, since only USD0++ related rewards depend on a countdown.
xtreme11
same error
tried troubleshooting
Mava (AI Support)
It seems like the 'next cycle' timer is experiencing a bug. Please try some troubleshooting steps such as clearing your cache, cookies, reconnecting your wallet, and switching networks. If the issue persists, you may need to contact support for further assistance.
Mava AI Betaxtreme11
Staking usual but cycle timer not working . Next Cycle in --
famousfxck
nein
it's an L1
my current strategy is to LP using the “keep the YT” option
Or to LP on Equilibria using the “no price impact” toggle.
Same thing
You keep your YT.
You should only ever LP if you willing to hold it to maturity, same with PT, only maturity gives you the guaranteed rates/ IL immunitykiratsunami
now i'm on LP in Pendle, is it a good idea to go to Equilibria now ??? or is it too late ?? from what I see Equilibria offers same yields, only thing that change is the yield for Pendle
Gabee
(username has two famuus instead of famous)
@defi_yogi you're a terrible scam-copy
@famousfxck you're popular
Grpprofesional
my current strategy is to LP using the “keep the YT” option Or to LP on Equilibria using the “no price impact” toggle. Same thing You keep your YT. You should only ever LP if you willing to hold it to maturity, same with PT, only maturity gives you the guaranteed rates/ IL immunity
nice, thx for the info
so maybe a good idea to long the yiled (buy YT) few minutes before the fee switch is activated lmaoGrpprofesional
NFA
yes exactly, like are we going to be included ? are we going to get rewards, since I'm on LP, I have Usuals and PT-UsualX according to Debank so not really UsualX
that's why I'm askingkiratsunami
nice, thx for the info so maybe a good idea to long the yiled (buy YT) few minutes before the fee switch is activated lmao
kiratsunami
yes exactly, like are we going to be included ? are we going to get rewards, since I'm on LP, I have Usuals and PT-UsualX according to Debank so not really UsualX that's why I'm asking
Hey I have a question.
I stake my usual on USUALx on the homepage but still I dident got any rewards for stake.
What did I do wrong.Grpprofesional
Check on troubleshooting channel it’s explained
Mo
Hey I have a question. I stake my usual on USUALx on the homepage but still I dident got any rewards for stake. What did I do wrong.
Grpprofesional
But boy o boy the YT owners would be delighted
Grpprofesional
It’s increase the usualx yield, only downside would be for PT owners
famousfxck
You mean in a good way?? 😂
famousfxck
Why would they be concerned
Mava (AI Support)
The fee switch mechanism is mentioned in the company documentation. It refers to the DAO accruing treasury from interest earned on USD0 collateral. While currently undistributed, a revenue switch mechanism will redirect this treasury as dividends to USUALx holders. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Betakiratsunami
Where to find info about the fee switch ???
do people that are farming UsualX on Pendle concerned with the Fee switch ???
Grpprofesional
What advantage would it have over what we already have going? Is it side chain or L2?
Note that Redemption Fee (USD0 to USYC or USDC) is different from the Early Redemption mechanism (USD0++ to USD0) which isn't implemented yetGrpprofesional
https://tenor.com/view/kowalski-noted-penguins-penguins-of-madagascar-gif-1306663699157096677
nein
tired of waiting
nein
we need beramainnet to go live asap
nein
I didn’t know there was redemption fee
Good to know
I thought the redemption fee wasn’t implemented until a few months from nowNoé
Note that Redemption Fee (USD0 to USYC or USDC) is different from the Early Redemption mechanism (USD0++ to USD0) which isn't implemented yet
Grpprofesional
I’m looking at you @nein 🤣
Grpprofesional
What’s all this fuss about berachain going on lately, some ppl rlly hyped
btw @Grpprofesional there's a 10bips redemption fee for USD0 on the primary market so attacks wouldn't even be profitable afaikGrpprofesional
I didn’t know there was redemption fee Good to know I thought the redemption fee wasn’t implemented until a few months from now
Grpprofesional
I told you it was just mini bear (let’s call it a cub 🧸) during holiday season.
nein
i hope it comes today / idk when they will release boyco tho
nein
lool
famousfxck
Even Smokey from Berachain DMed me about it 😂
famousfxck
Coming real soon tbh
Brave
wen bera?
to clarify .. USUAL is "backed" by USUAL emissions (already happening right now) ... as USUAL starts to vest, you count the underlying USUAL emissions as vesting on this chart?Noé
USUAL* holders have a right to 10% of the USUAL emission (like USUALx holders), but those rewards are cliffed for a year.
oliversinan
to clarify .. USUAL is "backed" by USUAL emissions (already happening right now) ... as USUAL starts to vest, you count the underlying USUAL emissions as vesting on this chart?
nein
Tell me the berachain vault will be ready for today
Thank you @Noé Ive updated it as per screenshot below: will retry withdrawing in a few hours. Thank youNoé
Great, please tell me if it worked!
Noé
it's basically like USUALx
Noé
USUAL* gets a 10% share of the $USUAL emission, that's how it works, so it is part of it
This is because part of the current emission is cliffed/vested.
So, art of that bump on the graph is just because in Nov 2025 there's the investors/team/dao that come into play. The Community part, per se, doesn't increase much.oliversinan
investors and team get USUAL*, so this is not part of it?
Noé
yes
Dinesh
ok so just replace this "mainnet" url with the one you share above?
Noé
1) What
Gunner funk
Looks gay
Noé
with the URL I shared
you should change that
When I click on this link I get this:
Still not sure what I need to do to change/update my RPC?Noé
btw this will be good for you because MM's default RPC grabs and saves your IP iirc
Noé
try with, as a RPC URL, https://eth.llamarpc.com
Looks like community incentive takes off in Nov 2025. Aka, supply increases constantly substantially.
Is there a reason behind that? Ain’t we in a bootstrapping period where incentives are the strongestNoé
This is because part of the current emission is cliffed/vested. So, art of that bump on the graph is just because in Nov 2025 there's the investors/team/dao that come into play. The Community part, per se, doesn't increase much.