#
💬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 10 of 74
Noé
like, in your case, seems like MM's RPC is having a hard time estimating the gas fees
thank you. I think the server has stopped me from sending any further messages, but it looks like I have already have the rpc set correctly?Noé
Changing RPCs can help sometimes if the default one is having an issue
Dinesh
thank you. I think the server has stopped me from sending any further messages, but it looks like I have already have the rpc set correctly?
Noé
llamarpc seems to be the fastest
then grab a rpc here: https://chainlist.org/chain/1
let me grab their docs
Dinesh
mm
Noé
Which wallet are you using? Metamaks? Rabby?
Dinesh
How do I do that?
Noé
18$ fee for a swap seems correct, but $2000 gas fee is an error, try changing your RPC sir
Dinesh
the gas fees. Usual charges 10% to withdraw from the staking pool, which I am aware of. here's what I did, which is why I'm asking: 1: approve swap from usualx to usual 2: attempt to unstake ($2000 fee on metamask) 3: b/c fees were too high, I swapped usual back to usualx and restaked ($18)
TanungNi
oh , thanks
i wanna ask something , my current staking position is 188 usualx and nothing gained on the web but when i check it on debank my position has reached 210+ usualx so far and if i un-stake it right now . Will i get the staking reward or not , because it's not showing on the ususal webNoé
# 🤖ㆍtroubleshooting
gas is 15 gwei right now so that makes sense tbh
This is for Usualx.
The only way to test it again, is to re-withdraw (another $18 cost) and then potentially have to restake if fees are still high....another $18. So $36 to check if the unstaking fee is reasonable...Noé
So, are you talking about the protocol's unstaking fees, or the gas fees for your transaction?
TanungNi
i wanna ask something , my current staking position is 188 usualx and nothing gained on the web but when i check it on debank my position has reached 210+ usualx so far and if i un-stake it right now . Will i get the staking reward or not , because it's not showing on the ususal web
Dinesh
This is for Usualx. The only way to test it again, is to re-withdraw (another $18 cost) and then potentially have to restake if fees are still high....another $18. So $36 to check if the unstaking fee is reasonable...
yeah not sure that makes sense. The withdraw from staking was $2000 and the restaking was $18, within a few seconds of each other. How is that possible?Noé
First of all, are you talking about USD0++ or USUALx?
Dinesh
yeah not sure that makes sense. The withdraw from staking was $2000 and the restaking was $18, within a few seconds of each other. How is that possible?
quick question - i tried to unstake and withdraw and the gas fees were .6ETH (ie 2x bigger than my staked position). So i had to restake it, which was $18. Can anyone explain why the withdraw fees are so high? and is there a plan to bring them down?
Mava (AI Support)
The high withdrawal fees you are experiencing are likely due to the current gas fees on the Ethereum network, which can fluctuate significantly based on network congestion. Unfortunately, this is not something directly controlled by Usual. To potentially reduce fees, you might consider waiting for a time when the network is less congested. As for plans to bring them down, Usual does not control Ethereum gas fees, but you can keep an eye on network conditions to find a more optimal time for transactions.
Mava AI BetaDinesh
quick question - i tried to unstake and withdraw and the gas fees were .6ETH (ie 2x bigger than my staked position). So i had to restake it, which was $18. Can anyone explain why the withdraw fees are so high? and is there a plan to bring them down?
CryptoMDz
When 🌌 Rewards 😁😂
Noé
not minting out of thin air
You know that secondary market means "exchanging an asset for another"
I saw that all orders under 100k USD0 will be redirected to the secondary market liquidity.
Does it means the protocol minted USD0 prior the launch? If not, how the USD0 are back if not used to buy USYC?
@Mava (AI Support)Mava (AI Support)
The protocol did not mint USD0 prior to the launch. Instead, for orders under 100k USD0, the protocol redirects these to the secondary market liquidity. This means that the USD0 tokens are sourced from existing liquidity in the secondary market rather than being newly minted. This approach ensures that smaller orders are efficiently handled without directly impacting the primary minting process. Reference: 1
Mava AI Betas10
I saw that all orders under 100k USD0 will be redirected to the secondary market liquidity. Does it means the protocol minted USD0 prior the launch? If not, how the USD0 are back if not used to buy USYC? @Mava (AI Support)
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 strongest
asot
There are things like the linear vesting of the Echo community round that should also start in Nov '25 that are probably part of the community share here
ravished
It would be helpful to have nexus have a cover for usual like it does for Pendle and Aave
oliversinan
both, looking to extend my feed a bit
Noé
Do you mean team members or supporters?
oliversinan
Is there a good X/Twitter list with everyone important in regards to Usual?
indeed sir (note that claimable rewards in your hot wallet will still increase until they're all claimable)
0x_mate
pls ban sandiers08448 (scammer)
punk(3x3)🚬
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 strongest
0x_mate
okay, so in future i can expect rewards to accrue on my cold wallet right?
Noé
it's a time weighted average for each cycle
i withdrew usd0++ from my hot wallet to ledger, but rewards are still given on hot wallet, it that normal?Noé
Well yes, since the cycle probably didn't end
0x_mate
i withdrew usd0++ from my hot wallet to ledger, but rewards are still given on hot wallet, it that normal?
Mava (AI Support)
To transfer USDT from your Binance wallet to Usual Money and buy USD0, follow these steps: 1. Withdraw USDT from Binance: Log into your Binance account, go to your wallet, and select USDT. Choose 'Withdraw' and enter the address of your wallet that supports USDT on the Ethereum network. 2. Transfer to a Compatible Wallet: Ensure you have a compatible wallet (like MetaMask) that supports Ethereum-based tokens. Transfer your USDT to this wallet. 3. Connect to Usual Money: Access the Usual Money platform and connect your wallet. 4. Swap USDT for USD0: Once connected, you can swap your USDT for USD0 directly on the Usual Money platform. Make sure you have some ETH in your wallet to cover gas fees for the transaction.
Mava AI Beta
generalmasango
How can i transfer my USDT from my binance wallet to usual money so that i buy USDO?
Mava (AI Support)
Good morning! Yes, staking has started. When you stake USUAL into USUALX, you essentially get a 'share' of the staking rewards. Over time, this share will allow you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. If you haven't seen any rewards yet, it might be due to the time it takes for the rewards to accumulate. Please ensure that you have completed the staking process correctly.
Mava AI BetaTabcrew
01/02/2025 at 06:50:14 ESTGood morning! Does anyone know if the staking has already started? I staked some tokens on 12/29, but I haven’t received any rewards for the allocation yet. And yes, I did swap USUAL for USUALX.
generalmasango
So where can we get the token release schedule? If there is any
Noé
please just read stuff
Noé
....No it's not, Binance message was about the listing day
rafael
Guys 494m in circulation is the real limit until March?
Noé
Not sure to understand the question sir
bongoking1853
I dont see an option for bitget wallet
Noé
Already said: should be january
am exact time frame will you save from the stress of explaining too much. Plus the bot keeps saying the distribution will not be from the USUAL team. we all know its holiday season and devs may be on a break, hence the delay. A clear and direct message is all they are asking.Noé
Yeah right, and if I give an exact time frame and it gets delayed by 24 hours I'll have 300 people here spamming and complaining
bongoking1853
Can i stake it directly from there through the website?
I am currently holding usual on bitget
Mikay69
lol ... that is Sophia the bot
am exact time frame will you save from the stress of explaining too much. Plus the bot keeps saying the distribution will not be from the USUAL team. we all know its holiday season and devs may be on a break, hence the delay. A clear and direct message is all they are asking.
Lucky Boy
Nice haircut taylor mason
bongoking1853
Can someone guide me through the whole staking process?
Hello
i0sm3
@Noé any explanation please?
am exact time frame will you save from the stress of explaining too much. Plus the bot keeps saying the distribution will not be from the USUAL team. we all know its holiday season and devs may be on a break, hence the delay. A clear and direct message is all they are asking.
Usual
if you're talking about galxe there's literally a message explaining it when you try to type "galxe" in the chatMikay69
am exact time frame will you save from the stress of explaining too much. Plus the bot keeps saying the distribution will not be from the USUAL team. we all know its holiday season and devs may be on a break, hence the delay. A clear and direct message is all they are asking.
i0sm3
So not for usualx? I’m getting confused 🤣
Mava (AI Support)
The earnings from USD0 are fully transferred to USD0++, meaning only those who hold or invest in USD0++ will receive returns. Therefore, the estimation of earned interest would depend on the specific returns generated by USD0++.
Mava AI Betai0sm3
Does anyone have any estimation of the earned interest from USD0. DAO
dilly🐻⛓ pirate
wen we will receive
if you're talking about galxe there's literally a message explaining it when you try to type "galxe" in the chatdilly🐻⛓ pirate
I can't type that
Noé
if you're talking about galxe there's literally a message explaining it when you try to type "galxe" in the chat
Mava (AI Support)
The 'fee switch' refers to a mechanism where the DAO (Decentralized Autonomous Organization) accrues treasury from interest earned on USD0 collateral. While currently undistributed, this treasury can be redirected as dividends to USUALx holders through a revenue switch mechanism. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Betai0sm3
@Mava (AI Support) what’s fee switch?
dilly🐻⛓ pirate
It's More than a week
dilly🐻⛓ pirate
Wen rewards will be distributed
thanks a lot @Noé - yes, it makes to provide a choice to the user to select which way to go (primary or secondary), and maybe, as a further suggestions, if I user enter the "Earn" tab, it's very likely that he wants to see automatically how many Usual has accrued so far...without attempting a simulation of unstakingdiegodezuniga
thanks a lot @Noé - yes, it makes to provide a choice to the user to select which way to go (primary or secondary), and maybe, as a further suggestions, if I user enter the "Earn" tab, it's very likely that he wants to see automatically how many Usual has accrued so far...without attempting a simulation of unstaking
Noé
Hello, on the usual dapp, how it is possible to only get primary market offers for unstaking to understand the exact number of usual accrued? Why this is not displayed automatically when a user access the dashboard?Noé
Right now, users are automatically routed through the best route (highest "Minimum Received), which can be primary market or secondary market. You can see which one is used when simulating the transaction and cheking the details (usual logo in the centers means primary, uniswap and others mean secondary). Users will soon have the option the manually choose one or the other if they want tho.
I mean, USD0 / USD0++ are in the user's wallet, not our contracts, and our underlying collateral is tokenized t-bills (permissionned), soooo not much to do in terms of stealing from the protocol
CryCasher
noe i lost usd0++ historical apy graph
diegodezuniga
Hello, on the usual dapp, how it is possible to only get primary market offers for unstaking to understand the exact number of usual accrued? Why this is not displayed automatically when a user access the dashboard?
Noé
And our contracts are audited by multiple firms
Noé
lmeow
Usual as a protocol is decentralized but USD0 can be frozen if an address is blacklisted by a regulator, state etc.
I mean yes, SCs can be exploited, that's indeed a risk, but since the protocol is non-custodial, it's still very limited, also knowing that any stolen fund can be frozen.
Jimny2024
If any stolen fund can be frozen so is it possible violate decentralization?
Noé
I mean yes, SCs can be exploited, that's indeed a risk, but since the protocol is non-custodial, it's still very limited, also knowing that any stolen fund can be frozen.
punk(3x3)🚬
I am no experts. But I do see protocol(s) being audited by established audit firms but still result in smart contract exploits
Noé
No, USD0 is compliant and can be blacklisted at anytime boss
famousfxck
Plenty of audits, sir
punk(3x3)🚬
In all seriousness, smart contract exploits pose a risk to the protocol..
The main risk mostly is when we have many paperhands onboard. They would sell token panicly without any proper reason or they read so many fake news on square abt project.Noé
That's not a risk: it doesn't impact the protocol's health
Jimny2024
The main risk mostly is when we have many paperhands onboard. They would sell token panicly without any proper reason or they read so many fake news on square abt project.
famousfxck
We need to call Johnny English for back up
famousfxck
Okay just unstaked and sold everything. I don’t want James Bond as an enemy
Noé
MI6, KGB, DPRK...
generalmasango
What is the secondary market?
famousfxck
So basically the MI6 could be a threat?
Mava (AI Support)
To get USD0, you can deposit USDC into the Usual Protocol to receive USD0, or purchase USD0 on the secondary market. Once you have USD0, you can stake it to convert into USD0++. Reference: 1
Mava AI Betageneralmasango
How do i get USDO so that i can stake USDO++
punk(3x3)🚬
I need to feed my familia
Noé
The U.S Government going down
No risk
punk(3x3)🚬
What is the main risk that the protocol faces?
famousfxck
You get USUALx, maturity is there 27 March
Nanobro
so i have to pay 10% unstaking fee when i claim my pt
Mava (AI Support)
When your USUALx position expires or you decide to unstake, you will receive USUAL tokens. USUALx acts as a vault share representing your stake in the vault, and upon redemption, you receive USUAL tokens. References: 1
Mava AI Betapunk(3x3)🚬
Are you smoking weed now
BingChilling
$10
punk(3x3)🚬
What’s the all time high for usual token?
Given emission of usual decreases with time, does this decreased in emission affect the apy?Mava (AI Support)
Yes, the decrease in the emission of $USUAL over time can affect the APY. As the emission rate decreases, the rewards distributed among stakers are reduced, which can lead to a lower APY. This is because the same amount of rewards is shared among more participants if the number of stakers increases, diluting the rewards. Reference: 1
Mava AI Betapunk(3x3)🚬
Given emission of usual decreases with time, does this decreased in emission affect the apy?
punk(3x3)🚬
Why is usualx apy going down?
anyone could tell me wht is the delay when adding new USUALX to be counted with the existing amount for the auto compounding?Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. This means that while the rewards are continuously calculated, they are reflected in your account balance once a day.
Mava AI BetaKubzThe14Th
anyone could tell me wht is the delay when adding new USUALX to be counted with the existing amount for the auto compounding?
Back 1.7B$ TVL 🚀
Price action bullish
unknown l
correcting fake ass low volume dump
Noé
btw @Grpprofesional there's a 10bips redemption fee for USD0 on the primary market so attacks wouldn't even be profitable afaik
If there’s no flashloan for it how the hell is contango doing their leveraged positions?Noé
Contango uses USD0++ on Morpho iirc
Grpprofesional
If there’s no flashloan for it how the hell is contango doing their leveraged positions?
Noé
there's no market to flashloan it btw
No not really, as I said MEV is a complex process and I’m not qualified to explain it in a way that makes sense.
Just hypothesising hereNoé
afaik it's not really possible attack USD0's peg with flashloans
famousfxck
Goodmorning frens
Grpprofesional
No not really, as I said MEV is a complex process and I’m not qualified to explain it in a way that makes sense. Just hypothesising here
Noé
could you describe it?
Redemption is a smart contract call, correct?
You can just flashloan USDC or some other currency, swap for your token, redeem token via function call, sell your token and exit flashloan with original currency.
Why wouldn’t you be able to do that?Noé
I'm not sure to understand the flow of a potential attack
CukoldBlocker
what is this fake ass low volume pump
Grpprofesional
Again I’ve seen the MEV bot step by step gambles and they take usually 10+ steps to exit. It’s not simple but it’s done every day. They could’ve even just attack when a whale was selling, amplifying the depeg
Grpprofesional
Redemption is a smart contract call, correct? You can just flashloan USDC or some other currency, swap for your token, redeem token via function call, sell your token and exit flashloan with original currency. Why wouldn’t you be able to do that?
MEV bots are extremely complex, I can’t talk about something like that with any certaintyMava (AI Support)
No, for USUALx, rewards are reflected directly in its value and do not appear as 'Pending Rewards'. For USD0++, rewards accumulate daily but are subject to a 7-day period before they can be claimed.
Mava AI Beta
tony_defi
So rewards not show like daily amount of tokens ?
Grpprofesional
MEV bots are extremely complex, I can’t talk about something like that with any certainty
Noé
has to be in multiple tx
like the arbitrage when it's depegged, with the 1:1 primary
Yea.
But I just checked and they are, contango running long positions on it so it is flashloan-ableNoé
You can't do that with the primary tho
Grpprofesional
Yea. But I just checked and they are, contango running long positions on it so it is flashloan-able
Mava (AI Support)
You can see your rewards for USUALx when you simulate an unstake. The rewards are reflected in the value of your USUALx, which acts like a vault share. This means your share increases in value over time, allowing you to withdraw more than you initially deposited.
Mava AI Betatony_defi
Guys when I can see rewards for usualX
Noé
for arbitrage?
Grpprofesional
Are USD0 flash loan compatible?
Noé
but yeah idk
Noé
Swapping $20M on a secondary instead of primary, on a New Year's Eve, kinda suspicious
Grpprofesional
Possibly a combined MEV attack
Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards are reflected directly in its value and do not appear as 'Pending Rewards.' To view your rewards, simulate an unstake: the withdrawal amount will include your rewards (minus a 10% unstaking fee). Essentially, your vault share increases in worth over time, allowing you to withdraw more than you initially deposited.
Mava AI BetaNoé
There's actually a primary market, idk why someone would swap $20M on Curve lmeow
tony_defi
Hello why I stake usual yesterday and didn't see any rewards
Grpprofesional
Whales being whales lmao
Grpprofesional
Aahhh beautiful
eriknam9858
can i ask any news related to gal-xe distribution yet?
ilo00o
Gm everyone, cheers to another great day as usual
Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. You won't see rewards as 'Pending Rewards' like with USD0++. Instead, your share increases in value over time, and you can see the accumulated rewards when you try to unstake.
Mava AI Beta
Alexdrn
I bet my usualS in usualX on 31/12/24, and I haven't had any reward yet, is this normal?
Mava (AI Support)
The APY is calculated daily, but the rewards are updated on the UI daily. This means that while the calculation happens continuously, the visible update occurs once a day.
Mava AI BetaAlexdrn
Hello. I wanted to know if the APY was already paid every day or only from January 7th
Mava (AI Support)
No, you do not need to stake USD0 to get rewarded with USUALx staking. USD0 is a stablecoin and is not staked. Only USD0++ is the staked version of USD0. When you stake USUAL into USUALx, you receive rewards that accrue and autocompound.
Mava AI Beta
Vetoletz
Do I have to stake USD0 too in order to get rewarded with USUALx staking ?
PECK (🚫🧢)
You can check cryptorank
Mava (AI Support)
The APY for Usual products can fluctuate based on various factors, including market conditions and the percentage of supply staked. For USUALx, if a high percentage of the supply is staked, the rewards are shared among more participants, which can dilute the APY. However, the exact future APY cannot be predicted precisely.
Mava AI Beta
ShinRa X
How Low will be APY of Usual is going to be
helloo I'm curious, how did TVL go down a little bit recently? I thought TVL was basically USD0++, don't they require 4 years for it to be reconverted into usd0? (can be traded on secondary market too)Noé
-> https://x.com/usualmoney/status/1874188675552088249
This morning \(07:00 AM UTC\), the Usual protocol experienced a massive USD0 sell\-off triggered by a single whale’s trade on the secondary market, which raised doubts about the USD0 peg\. USD0 briefly dipped to $0\.99 before re\-pegging to $1 within a few seconds, initially with some
 on X_.8a1a568d-8edf-446e-bacf-520173d7f426.png)
Twitter • 12/31/2024 15:19:35 ESTOxygenG
helloo I'm curious, how did TVL go down a little bit recently? I thought TVL was basically USD0++, don't they require 4 years for it to be reconverted into usd0? (can be traded on secondary market too)
Afaq
I am talking about social platform rewards
Mava (AI Support)
Rewards are distributed at the end of each cycle, which lasts 24 hours. If you have recently staked or deposited, you may need to wait until the current cycle ends to see your rewards. If you still don't see your rewards after the cycle ends, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI BetaAfaq
Why i dont receive my reward yet
BingChilling
Holiday done MM turn back algo again
Noé
gmgm
Lucky Boy
@marcelloams double top
youdi
What the pump godly candle is that
Psych
whats the fee switching event ?
BingChilling
just in: usual re-peg to $1
MIX
Hello, is there a place where I can see the token unlock schedule?
Florent Th
Cheers ! Any timeline ? As the team taunts a fully decentralised and user-governed stablecoin, I'm looking for data behind that claim.
Mr. Lin
Not out yet
Florent Th
How will this money be used ? Will it be under the DAO governance? I couldn't find info on that. Nor what benefits Binance and kraken where expecting.
gm everyone! Where can I find the DAO governance forum ?
PECK (🚫🧢)
would be good to see it on usual site but debank does the job
The amount shown on usual site is the representation of your share in the pool, the amount of accumulated usual from staking can be seen on debank
Usual
Sorry, I don't know what debank is. But most people use metamask, right? Is this something different?Austineking | Alchemist✅
01/02/2025 at 03:11:21 ESTNo worries! DeBank is a decentralized finance (DeFi) portfolio tracker that allows users to manage their assets across various DeFi platforms. It provides insights into your holdings, transaction history, and even helps you find the best yield farming opportunities. MetaMask, on the other hand, is a popular cryptocurrency wallet that allows users to interact with the Ethereum blockchain and other compatible networks. It acts as a bridge between your browser and decentralized applications (dApps), enabling you to send and receive cryptocurrencies, as well as store NFTs. So, while both DeBank and MetaMask serve important roles in the DeFi space, they are different tools. MetaMask is primarily a wallet, while DeBank is more of a portfolio management and tracking tool. Many people use MetaMask for transactions and connecting to dApps, while DeBank can help track all those activities in one place.
This is the only thing I get up as well. I only see the amount of usual staked. Nowhere I see the additional usual rewarded.PECK (🚫🧢)
It's being added to the "Amount" constantly
Tusjb
I understand. The actual amount shown on that site is different.
BornSlippy
This is the only thing I get up as well. I only see the amount of usual staked. Nowhere I see the additional usual rewarded.
PECK (🚫🧢)
Just paste your address in the search bar and you'll see all your positions including Staked USUAL
Sorry, I don't know what debank is. But most people use metamask, right? Is this something different?PECK (🚫🧢)
Debank.com
The amount grows every second
Tusjb
Sorry, I don't know what debank is. But most people use metamask, right? Is this something different?
BornSlippy
How do you see it ? Can you show a screenshot? I would very much like to know how to use this function:)
PECK (🚫🧢)
Its there, I use debank and my USUAL tokens are growing constantly
BornSlippy
You can’t see it in Debank. I’m using debank and can’t see it.
I have one more question. You can change usualx -> usual anywhere other than the official website. If you stake and change it like that, you can't get away without the 10% fee.
Then I think this part needs to be fixed. If it only shows a 10% deduction when unstaking and the actual interest is not shown, wouldn't you think it's a scam?PECK (🚫🧢)
You can see the USUAL amount accumulating on Debank or Rabby wallet
ChainReaction
Is there any update about the form we filled out last year?
Tusjb
I have one more question. You can change usualx -> usual anywhere other than the official website. If you stake and change it like that, you can't get away without the 10% fee.
Then I think this part needs to be fixed. If it only shows a 10% deduction when unstaking and the actual interest is not shown, wouldn't you think it's a scam?
So does that mean that even though it isn't displayed on the website, you actually get more when you receive it?Mava (AI Support)
Yes, that's correct. With USUALx, the rewards are reflected directly in its value rather than being shown as 'Pending Rewards.' This means that while you won't see the rewards accumulating on the website, the amount you can unstake will be higher over time as rewards accumulate.
Mava AI BetaTusjb
So does that mean that even though it isn't displayed on the website, you actually get more when you receive it?
Lucas⚡
it's not related to the emission. the additional APY comes from the real revenue.
hi I'm staking by changing ususal to usualx, but there is no reward in the earn tab. Does this mean that there is no reward and that additional payments are made as the value of ususalx increases?Mava (AI Support)
When you stake USUAL into USUALx, you receive a share of the staking rewards. Over time, this share allows you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. The rewards are not directly shown in the earn tab but are reflected in the increased value of USUALx.
Mava AI BetaTusjb
hi I'm staking by changing ususal to usualx, but there is no reward in the earn tab. Does this mean that there is no reward and that additional payments are made as the value of ususalx increases?
Lucky Boy
The benefits are you got to be bull just like me dumping em daily to the cu-cks. But you gotta be rich and sexy just like me you need atleast 100g to be in the game.
Mava (AI Support)
Staking USD0++ provides liquidity and yield opportunities, offering daily yield distribution in $USUAL tokens with a variable rate based on market price. It guarantees a floor yield in USD0, matching the risk-free yield. USD0++ remains liquid and composable within DeFi, allowing users to claim yield in either $USUAL or USD0. In contrast, USUALx is primarily used for governance and does not offer the same yield opportunities as USD0++. References: 1,2
Mava AI Beta
marcelloams
What are the benefits of staking USD0++ instead of Usualx?
louixiii
Is that more emission then?
Lucas⚡
https://x.com/lucasvisionx/status/1874490943631692073 Feel free to share your feedback.
Revenue switch activation I believe the activation of the revenue switch in @usualmoney will act as a significant short\-term growth catalyst\. Currently, the APY for $USUALx stands at 322%, with the revenue switch projected to add an additional 47%, effectively increasing the
 on X_.94f14ce4-561e-42b2-8a5e-1234d8445287.png)
Twitter • 01/01/2025 11:20:41 EST
EduardoMos
when?please tell us
energy$
It's expected
Mava (AI Support)
Massimiliano
guys, how much is the $USUAL daily emissions?
xtreme11
Next Cycle in showing zero--
louixiii
What’s happening Jan 7th
louixiii
NFT minting
KubzThe14Th
i knew that but thanks anyway haha
Mava (AI Support)
Ethereum gas fees can be high due to network congestion. When many users are trying to make transactions at the same time, the demand for processing these transactions increases, leading to higher fees. This is a common issue with Ethereum and not specific to Usual.
Mava AI BetaKubzThe14Th
why da F eth gas fee are so high O_O
Lucky Boy
Yes you can do that. So i can have nice exit liquidity for my usd0++ rewards today. You like being being a cu-ck? go ahead ill be the b.ull you can have her back when you gained my permission
Hi
Could someone please answer a question for me? I staked my usual tokens for usualx, but it's been a week now, and I still haven't seen any growth in my usualx tokens, and the website says that I don't need to claim, it will automatically be increased, what is the deadline for this to happen? I didn't find anything on the website either.energy$
Explain expensive. You are missing something out
energy$
Ok
Sam
now i get it
Rev is not distributed currently. It will be after fee switch. Usual gets nothing, usualx gets 10% of emissionslouixiii
Can we do buyback and burn?
Hi
Could someone please answer a question for me? I staked my usual tokens for usualx, but it's been a week now, and I still haven't seen any growth in my usualx tokens, and the website says that I don't need to claim, it will automatically be increased, what is the deadline for this to happen? I didn't find anything on the website either.Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards are reflected directly in the value of your USUALx, rather than increasing the number of USUALx tokens you hold. You won't see an increase in the number of USUALx tokens, but the amount you can withdraw will be higher over time as rewards accumulate. To view your rewards, simulate an unstake: the withdrawal amount will include your rewards (minus a 10% unstaking fee). References: 1
Mava AI BetaLeonardo
Hi Could someone please answer a question for me? I staked my usual tokens for usualx, but it's been a week now, and I still haven't seen any growth in my usualx tokens, and the website says that I don't need to claim, it will automatically be increased, what is the deadline for this to happen? I didn't find anything on the website either.
BingChilling
your apy is your usual lol u stake usualx u gain usual token. did you forgot how much you have usual token before and after unstake ?
Rohan
Any update on participation on task
Lucky Boy
You dont get any. You have to be rich and sexy just like me and stake for atleast 1 month
Mava (AI Support)
When you stake USUAL for USUALx, you should compare the USUAL amount you staked with the USUAL amount you receive back, minus 10%. The APY rewards are typically reflected in the value of USUALx over time, rather than being claimed separately. If you have further questions or need assistance, please let me know!
Mava AI BetaUsual
Happy
01/01/2025 at 23:05:58 ESTHey can anyone help? I bought some usual, staked it for usualx. I just unstaked and was charged 10%, so now I have my usual back, but where do I claim my apy rewards?
Osmar
when we claim the usual airdrops?
Mava (AI Support)
The yield from USUALx comes from the emission of new $USUAL tokens. USUALx gives 10% of the emission of all new $USUAL. Additionally, USUALx is paid 33.33% of the fees collected from USD0++, which are used to buy back USUAL to distribute as weekly rewards.
Mava AI Beta
Dave.race
Where is the yield from USUALx coming from?
Bluce Wang
Is there any cooperation with them?
famousfxck
Corn Berachain Sonic (Fantom)
BingChilling
Same political bribe also incentives lol
treebeard
They mean LP "bribes" (i.e. incentives) not like political bribes lol
Bluce Wang
The true meaning is, don’t be joking.
Usual* holders, which I think are early investors and team get 10% of usual emissions. Rest is spread among community, like usualx, usd0 stakers, lp, bribes, etc
HomelessSkittle9x
01/01/2025 at 21:34:56 ESTahh I see you were asking similar questions earlier in the chat. no luck I assume?
HomelessSkittle9x
01/01/2025 at 21:33:36 ESTI assume BTC / bearachain / sonic
Bluce Wang
somebody can tell me ?
hello what does it mean?
BingChilling
Bribe = increase productivity in defi Same in real world
HomelessSkittle9x
01/01/2025 at 21:31:48 ESTbanana?
KubzThe14Th
casually dropping the B word there buddy KEKW
MoRockN
Usual* holders, which I think are early investors and team get 10% of usual emissions. Rest is spread among community, like usualx, usd0 stakers, lp, bribes, etc
HomelessSkittle9x
01/01/2025 at 21:29:07 ESTI thought the community gets 100%. it is just that the team got 10% of the Uusal tokens. so they get paid the same way the community does? the team gets a special 10% allocation in addition to the 10% of tokens they got?
BingChilling
Add this point i think ledger not save you bro. U literally didn't know anything.
HomelessSkittle9x
01/01/2025 at 21:28:06 ESTyes. alot of talk about fairness and that stuff. ok sure fine. and capitalism bad ok sure whatever I just want to know where does the real yield come from. and how is it distributed. lots of legal land talk in the documents for sure
Yeah no one knows for sure yet, but the assumption is that any rev share would go towards usualxMoRockN
Agreed. I hope it’s 90% since that’s how much the community gets of the usual emissions
treebeard
Yeah no one knows for sure yet, but the assumption is that any rev share would go towards usualx
MoRockN
Totally agree. The documentation was made to confuse people 🙂
ky
Ok ty, should i choose any specific model or are they all good enough?
Yeah, I want to know as well. Their documentation is not very clear and I originally thought that usualx gets a portion of the real yield but I was wrong. We’ll see how much usualx gets from the real rev. If it’s less than 90%, I might consider selling my usual. I don’t want to just rely on emissions.HomelessSkittle9x
01/01/2025 at 21:25:41 ESTok so we are on the same page. I was hoping to see in the documentation. we get 100% of real yield accrue to the treasury and it gets distributed in the following ways. but I did not see that. so I came here haha
MoRockN
Yeah, I want to know as well. Their documentation is not very clear and I originally thought that usualx gets a portion of the real yield but I was wrong. We’ll see how much usualx gets from the real rev. If it’s less than 90%, I might consider selling my usual. I don’t want to just rely on emissions.
K
So good time to enter Usualx YT pool now?
KubzThe14Th
pro-rated most likely?
Rev is not distributed currently. It will be after fee switch. Usual gets nothing, usualx gets 10% of emissionsHomelessSkittle9x
01/01/2025 at 21:22:44 ESTyeah I just wanted to know how the real yield will be distributed. if they get $100 in fees. how does that get sent out to the holders of the different tokens
ramik
is there an expiration date for when I can claim my USUAL airdrop?
famousfxck
You need to add Ethereum first
Mava (AI Support)
You can claim your $USUAL airdrop in mid-December 2024. This is when the airdrop event is scheduled, and you will be able to claim your $USUAL tokens earned by participating in the pre-launch campaign.
Mava AI Betaramik
when do i have until i can claim my USUAL airdrop?
None of the rev is currently distributed. Only newly emitted usual is distributed where 10% go to usualx and rest to others, like usdo, investors, poolsHomelessSkittle9x
01/01/2025 at 21:21:36 ESTfair enough. but do we know how it will flow in the future?
treebeard
Wait <6 days and we'll find out 🤷♀️, but based on the UI only usualx would get a share of the revenue
I think all that revenue is kept into the treasury. Only emissions are distributed to usualx. When the fee switch happens, part of the revenue would go to usualxHomelessSkittle9x
01/01/2025 at 21:20:58 ESTthis is what I was asking. how does the treasure distribute the revenue? is it best to just stake Usualx or what is the difference of just holding Usual? that is what I am trying to figure out
MoRockN
None of the rev is currently distributed. Only newly emitted usual is distributed where 10% go to usualx and rest to others, like usdo, investors, pools
Lucas⚡
I recommend that you take a closer look at the docs. https://docs.usual.money/
HomelessSkittle9x
01/01/2025 at 21:19:56 ESTit is an erc 20 token
Mava (AI Support)
The team and investors have 10% of the emission, which is cliffed for a year. Their token, USUAL*, is separated to not affect normal users, and is cliffed + vested for 3 years. This means they do not get an additional 10% on top of the tokens; rather, their allocation is part of the total token distribution.
Mava AI BetaHomelessSkittle9x
01/01/2025 at 21:19:28 ESTI thought the investors and team just have 10% of the USUAL token? so it all flows into the USUAL token? or the team/investors get 10% in addition to the tokens?
MoRockN
I think all that revenue is kept into the treasury. Only emissions are distributed to usualx. When the fee switch happens, part of the revenue would go to usualx
Lucas⚡
10% goes to the investors & team
HomelessSkittle9x
01/01/2025 at 21:17:24 EST90% flows into what? and the remaining 10% goes where? Estimating @Usualmoney 's revenue is pretty straightforward. With a current TVL of around $1.8B and a conservative assumption of a 4% yield on U.S. short-term treasuries, we’re looking at an annual revenue of $72M. Out of that, 90% flows into the ecosystem, leaving a net revenue of about $65M.
Lucas⚡
You can refer to this as well. https://x.com/lucasvisionx/status/1873575792183292157
Let’s do some simple math on $USUAL\! 🧮 Estimating @usualmoney's revenue is pretty straightforward\. With a current TVL of around $1\.8B and a conservative assumption of a 4% yield on U\.S\. short\-term treasuries, we’re looking at an annual revenue of $72M\. Out of that, 90% flows
 on X_.4fc8bd2c-eb52-45f2-b7c0-46b8598294f5.jpeg)
Twitter • 12/29/2024 22:44:12 ESTLucas⚡
90% of $100 goes to the ecosystem including farming pool.
The protocol’s main revenue source is clear: it earns interest by purchasing U.S. short-term treasury bonds.HomelessSkittle9x
01/01/2025 at 21:13:16 ESTok. so for ever $100 it collects in revenue. how is that distributed?
Lucas⚡
The protocol’s main revenue source is clear: it earns interest by purchasing U.S. short-term treasury bonds.
HomelessSkittle9x
01/01/2025 at 21:11:21 ESTdo you know how the revenue is distributed? or even how the protocol generates revenue?
Lucas⚡
oh sorry, it wasn't. I just shared my thought on the revenue switch.
HomelessSkittle9x
01/01/2025 at 21:09:54 ESTI am not sure if this was in response to my question or not. but thank you for this information. it did not really answer my question though
HomelessSkittle9x
01/01/2025 at 21:06:28 ESTif the Usual protocol as a whole gets $100 in fees. How does that get distributed? I see that 33% goes to stakers of the UsualX token. What happens to the rest of it? and is there a link somewhere that we can see the total fees that have been generated by the protocol so far?
Lucky Boy
Triple top
Usual
HomelessSkittle9x
01/01/2025 at 21:04:17 ESThelp help. I need an adult
Mava (AI Support)
The revenue that flows into the treasury is managed by the DAO. 100% of the protocol’s revenues flow into the treasury, and 90% of the ownership of these revenues is distributed to the community via governance tokens. The specific distribution of these funds can be determined by governance proposals, which may include revenue-sharing mechanisms or other community-driven initiatives. Reference: 1
Mava AI BetaHomelessSkittle9x
01/01/2025 at 21:03:42 ESTthe treasury for example gets $100 in fees. How is that revenue distributed?
Mava (AI Support)
Yes, USUALx holders receive a portion of the yield. Specifically, 33.33% of all USUAL-denominated fees are allocated as rewards to USUALx holders. This includes fees such as unstaking fees for USUALx and early redemption fees for USD0++. The remaining yield is distributed among other stakeholders, including USUAL* holders and the DAO. References: 1
Mava AI BetaHomelessSkittle9x
01/01/2025 at 21:02:13 ESTonly people who are holding USUALx receive this yield? or do they get 33% of it? and more goes elsewhere?
Mava (AI Support)
Yes, the real yield generated by the protocol is accumulated into the treasury. This yield can come from various sources, including fees associated with the USD0 stablecoin. Holders of the USUALx token, which is the staked version of USUAL, receive rewards from this yield. Reference: 1
Mava AI BetaHomelessSkittle9x
01/01/2025 at 21:01:10 ESTall of the real yield gets accumulated into the treasury. and that comes from fees associated with redemptions of the USD0 stablecoin? and then that yield goes to holders of the UsualX token?
famousfxck
Ledger
HomelessSkittle9x
01/01/2025 at 20:57:51 ESTIs there a way to see the yield that comes into the Usual system as a whole?
Mava (AI Support)
When you hold the USUAL token, you are simply holding the token without earning any additional yield. However, when you stake USUAL into USUALx, you receive a share of the staking rewards. Over time, this share allows you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. Therefore, staking USUAL into USUALx provides you with yield in the form of additional USUAL tokens over time.
Mava AI BetaHomelessSkittle9x
01/01/2025 at 20:56:58 ESTwhat is the difference between holding the Usual token vs staking it to get UsualX? In terms of what yield you will receive?
ky
@Mava (AI Support) best hardware wallet thats compatible with usual usd0?
For usualx , does interest adds to my principle each day?
Or I only get the interest when I unstake thempunk(3x3)🚬
For usualx , does interest adds to my principle each day? Or I only get the interest when I unstake them
yoyojojo
I would really hate to be short usual right now
SatoshiXXX
We become millionaire
louixiii
What’s happening on Jan 7th?
sanskid
Gm
Guys, My USUALx rewards are not compounded. I staked on December 20th. Does anyone know if there is a problem?Mava (AI Support)
USUALx rewards are designed to auto-compound, meaning they should automatically increase your USUALx position over time. If you are not seeing this happen, it might be a display issue on the UI. USUALx rewards are calculated at each block but updated on the UI daily. If the issue persists, please reach out to support for further assistance.
Mava AI Betavinimiranda
Guys, My USUALx rewards are not compounded. I staked on December 20th. Does anyone know if there is a problem?
liljeetlambo
01/01/2025 at 19:13:40 ESTWhere all X shillers gone
Saitama
01/01/2025 at 19:05:17 ESTAnd which of the two did you like more because of the earnings?
treebeard
Personally I just staked usd0++ for a while, then staked the usual tokens I received
treebeard
No, usd0++ gets usual tokens daily, not more usd0++
Not really. Usd0++ is 37% apy in usual tokens, while usualx is like 315% apy in usual tokens (currently) + the projected revenue switch apy. Also 10% unstake fee for usualxSaitama
01/01/2025 at 19:03:44 ESTSo minting usd0++ gives you profits in usd0++? I thought it gave them in regular tokens
Lucky Boy
It depends wether you want to be a cu-ck or a b.ull you have to be rich and sexy millionaire just like me to claim rewards daily staking usd++ rewards poor people with 10g is not worth it so its either become rich like me
treebeard
Not really. Usd0++ is 37% apy in usual tokens, while usualx is like 315% apy in usual tokens (currently) + the projected revenue switch apy. Also 10% unstake fee for usualx
Usd0++ has less price risk given it's a stablecoin
No way to (accurately) predict the usual price in the future tbh, so I don't think anyone could answer what will end up more profitableSaitama
01/01/2025 at 18:59:28 ESThave similar profits?
treebeard
No way to (accurately) predict the usual price in the future tbh, so I don't think anyone could answer what will end up more profitable
Saitama
01/01/2025 at 18:57:47 ESTI want to know what is the best way to do staking and the most profitable
famousfxck
Depends on what you want lol
Saitama
01/01/2025 at 18:56:04 ESTOk, can someone tell me their experience?
Mava (AI Support)
The choice between staking USD0-USD0++ or Usual-USUALx depends on your goals. Staking USD0 to USD0++ involves converting USD0 into a Liquid Staking Token, which can be unlocked before the four-year period by burning a portion of USUAL tokens received as rewards. On the other hand, staking Usual to USUALx gives you a share of the vault and rewards, but the value of USUALx varies based on the staking date. Consider your preference for liquidity and potential rewards when deciding.
Mava AI BetaSaitama
01/01/2025 at 18:54:20 ESTA question for those who are already minting, what is better? staking USD0-USD0++ or Usual-USUALx?
yoyojojo
Or are they coming for the remaining supply?
Are the newly minted coins coming from that supply ?
Mava (AI Support)
The circulating supply of USUAL tokens at the time of the spot listing was approximately 12.37%, which equates to 494,600,000 tokens. This includes allocations for the Binance Launchpool and Market Makers.
Mava AI Beta
yoyojojo
How many usual tokens are in the market ?
beatpapa69
it will be capped or not?
beatpapa69
Wen ETH0++?
Hello eveyone, im new to the crypto space could someone explain to me in simple terms the use of the Usual coin, im assuming the USD0 is the stable coin of the project???CukoldBlocker
its a reward for staking usd++ to millionaires like me to sell to c.ucks in the market
MorningPhoenix
i'll just look it up lol
nope i just remembered i saw something like that
basedscarf
didnt you read the announcement? 
MorningPhoenix
what's happening the 7 th of january ?
energy$
Yes you can
ANDRONYNE
When will arbitrum usd0++ rewards be paid out?
ANDRONYNE
Can you claim usd0++ rewards on arbitrum?
Mava (AI Support)
Yes, you can claim your rewards. For USD0++, rewards accumulate daily and can be claimed after a 7-day period. For USUALx, rewards auto-compound into your position and do not require a separate claim process.
Mava AI BetaANDRONYNE
Can you claim rewards?
Mava (AI Support)
On Arbitrum, you can hold USD0++ and keep your multiplier. You can also swap USD0++ directly on Arbitrum, for example, on Camelot. However, USD0++ can only be natively minted on Ethereum, but it can be bridged to and from Arbitrum.
Mava AI BetaANDRONYNE
What can you do with usd0++ on arbitrum?
Mava (AI Support)
SY stands for 'Standard Yield'. SY rewards are part of the rewards mechanism in the Usual protocol, specifically related to the Equilibria LP positions. Only the SY or YT (Yield Token) parts are accounted for in the rewards calculation.
Mava AI BetaANDRONYNE
What are SY rewards? What does SY stand for?
famousfxck
# ❓ㆍfaq # 🔗ㆍofficial-links
jammin.jez
Okay and what does USUALx & and USD0++ do?
Hello eveyone, im new to the crypto space could someone explain to me in simple terms the use of the Usual coin, im assuming the USD0 is the stable coin of the project???Mava (AI Support)
Welcome to the crypto space! Yes, USD0 is the stablecoin of the Usual project. It's pegged to the US dollar and backed by real-world assets like US Treasury Bills, making it stable and secure. The Usual coin, or $USUAL, is the governance token of the protocol. It allows users to participate in the ecosystem, earn rewards, and have a say in the protocol's decisions. By holding and using USD0 and $USUAL, users benefit from the protocol's success. References: 1
Mava AI Betajammin.jez
Hello eveyone, im new to the crypto space could someone explain to me in simple terms the use of the Usual coin, im assuming the USD0 is the stable coin of the project???
famousfxck
Fully paid out in USD0 btw
Thank you. On the blog, they mentioned 10, but i guess now it's 3.3 due to higher tvl. Do you know what's the % of real yield that will be distributed to UsualX on Jan 7th and what would happen to the current treasury (earned from yield backing USD0)?famousfxck
I think @Noé mentioned that the fee mechanism will add 40% APY to USUALx
Thank you. On the blog, they mentioned 10, but i guess now it's 3.3 due to higher tvl. Do you know what's the % of real yield that will be distributed to UsualX on Jan 7th and what would happen to the current treasury (earned from yield backing USD0)?famousfxck
Think the treasury is meant for the DAO, so that comes later when it’s mature enough. USUALx is a governance token ofc
Incorrect, usual emission has changed depending on TVL. Now it’s 3.3 USUAL being minted for every USD0++.MoRockN
Thank you. On the blog, they mentioned 10, but i guess now it's 3.3 due to higher tvl. Do you know what's the % of real yield that will be distributed to UsualX on Jan 7th and what would happen to the current treasury (earned from yield backing USD0)?
Thanks, but there is a lot of word salads in that article. So USD0 generates yield that is kept by treasury (and a portion would be distributed to UsualX starting in Jan 7th -- do we know the portion?), and for each staked USD0, 10 new Usual tokens are issued, 10% go to UsualX, 40.44% go to USD0++, and others are used for liquidity/MM/bribing, etc. UsualX also gets a portion of unstaking and early redemption fees. So in effect, all USD0++ and UsualX yield is coming from the high emission rate of Usual for now.famousfxck
Incorrect, usual emission has changed depending on TVL. Now it’s 3.3 USUAL being minted for every USD0++.
Lucky Boy
Its borrowed direct sales
LC // 🥷
Where
Lucky Boy
Triple top
This would be a good first step imho sir! https://usual.money/blog/usual-where-yield-meets-growth#detailed-distributionMoRockN
Thanks, but there is a lot of word salads in that article. So USD0 generates yield that is kept by treasury (and a portion would be distributed to UsualX starting in Jan 7th -- do we know the portion?), and for each staked USD0, 10 new Usual tokens are issued, 10% go to UsualX, 40.44% go to USD0++, and others are used for liquidity/MM/bribing, etc. UsualX also gets a portion of unstaking and early redemption fees. So in effect, all USD0++ and UsualX yield is coming from the high emission rate of Usual for now.
famousfxck
Sure its deflationary so the APY will also go down eventually. But I’d still be earning more USUAL at the start by staking USUALx, than if I’d leave it in USD0++
Then USUAL is my best bet
I figured if so many stuff is coming soon which will inflate the TVL
Went max bid
CryCasher
https://tenor.com/view/chico-mewing-looksmaxxing-bye-bye-gif-15700315843088657962
famousfxck
Try drugs
Then you’re in the wrong sector buddy ☠️
CryCasher
%50 stable for 174 days
nooooooooo i want longtermm :(((((((
famousfxck
Yeah but not longterm lol
CryCasher
high yield is good :((((((
you liar @famousfxck
if revenue switch buy back usual coin thats mean usual coin price going up = usd0++ yield is going up?Mava (AI Support)
Yes, if the revenue is used to buy back $USUAL coins, it can lead to an increase in the price of $USUAL. This increase in price can result in higher yields for USD0++ holders, as the yield is tied to the value and revenue of $USUAL.
Mava AI Betafamousfxck
Or well for any currency lmao
CryCasher
if revenue switch buy back usual coin thats mean usual coin price going up = usd0++ yield is going up?
famousfxck
Well yeah ofcourse lol, high APY is not sustainable for stablecoins
Do you need to stake the LP for usdc/usd0++ on curve or is providing liquidity enough to get the rewards?famousfxck
Both exposure to Ethena, Blackrock and Usual
CryCasher
not good more tvl = lower apy
Seven
Do you need to stake the LP for usdc/usd0++ on curve or is providing liquidity enough to get the rewards?
famousfxck
So that should be good for USD0++
CryCasher
noooooooooo
famousfxck
But there will be a new vault with Ethena and BUIDL though
Noé
just sent another clip to buy more USD0++
CryCasher
nooooooo
famousfxck
That is already insanely high APY
CryCasher
nooo:(((
Noé
Well, it makes sense that the protocol stakeholders receive part of the revenue
famousfxck
They’re already getting 37% APY on a stablecoin 😂😂😂
CryCasher
so nothing good to usdo++ holders?
CryCasher
really
Thank you. Can you please clarify? I thought that the rev in USD is used to buyback Usual and redistribute it to UsualX stakers, but i guess this is not accurate. so the protocol has been collecting the USD0 yield and keeping it in treasury, and now a portion of that yield would go to UsualXNoé
This would be a good first step imho sir! https://usual.money/blog/usual-where-yield-meets-growth#detailed-distribution
You misunderstood something here imho, the actual revenue (in USD) isn't directly redistributed rnMoRockN
Thank you. Can you please clarify? I thought that the rev in USD is used to buyback Usual and redistribute it to UsualX stakers, but i guess this is not accurate. so the protocol has been collecting the USD0 yield and keeping it in treasury, and now a portion of that yield would go to UsualX
the usd0++apy is turn to %48 back? with switch fee because projected apy is %48 @Mava (AI Support)famousfxck
Fee switch is only USUALx stakers
angelyo
Could you point me to the dashboard please?
Thanks, but what additional fees from USD0 are you referring to since 100% is already allocated (90% to UsualX and 10% to Usual*)?Noé
You misunderstood something here imho, the actual revenue (in USD) isn't directly redistributed rn
MoRockN
Thanks, but what additional fees from USD0 are you referring to since 100% is already allocated (90% to UsualX and 10% to Usual*)?
Lucky Boy
Double top
BingChilling
Dm vitalik about that.
Fuddshake
wow 37$ gas to bridge from arb to eth is pretty expensive
Hi -- getting confused about the fee switch, so can someone explain what would change for UsualX stakers when the fee switch is on? from my understanding, USD0 earns yield, and from this yield, 90% is used to buyback Usual, which is then distributed to UsualX and the remaining 10% is for Usual*. UsualX is also gets 10% of new emissions +33.33% of fees. So when the new fee switch is turned on, what additional fees/yield would go to UsualX? Thank youMava (AI Support)
When the fee switch is turned on, it would mean that a portion of the fees collected from USD0 yield would be redirected to USUALx holders. Currently, USUALx holders receive 10% of new emissions and 33.33% of fees. With the fee switch on, additional fees from the USD0 yield buybacks could potentially be allocated to USUALx holders, increasing their rewards. However, the exact percentage or mechanism of this additional allocation would depend on the specific implementation of the fee switch.
Mava AI Beta
MoRockN
Hi -- getting confused about the fee switch, so can someone explain what would change for UsualX stakers when the fee switch is on? from my understanding, USD0 earns yield, and from this yield, 90% is used to buyback Usual, which is then distributed to UsualX and the remaining 10% is for Usual*. UsualX is also gets 10% of new emissions +33.33% of fees. So when the new fee switch is turned on, what additional fees/yield would go to UsualX? Thank you
Mava (AI Support)
If you can see your USD0++ balance on ParaSwap but not on Stargate, it might be due to a synchronization issue or network settings. Ensure that you are connected to the correct network and that Stargate supports the display of USD0++. If the issue persists, try clearing your cache or reconnecting your wallet.
Mava AI BetaFuddshake
i can see my usd0++ balance on paraswap but not stargate
Fuddshake
can i bridge usdo0+ ?
Mava (AI Support)
To bridge USD0, you can transfer it from Ethereum to Arbitrum. This allows you to perform transactions and operations at a lower cost on Arbitrum, even if the initial bridge cost from Ethereum is not cheap.
Mava AI BetaFuddshake
how can bridge from usdo ?
the usd0++apy is turn to %48 back? with switch fee because projected apy is %48 @Mava (AI Support)Mava (AI Support)
The APY for USD0++ can fluctuate based on various factors, including the $USUAL price. The projected APY of 48% is an estimate and can change. The switch fee might affect the net yield, but the projected APY is calculated on top of the base APY.
Mava AI BetaCryCasher
the usd0++apy is turn to %48 back? with switch fee because projected apy is %48 @Mava (AI Support)
unknown l
dune dashboard can also give hints
Delta Of Venus
What shall happen on January 7th?
CryCasher
Finallyyyyyyyyyyy
my bro turning switch on at january 7
CryCasher
:D
Malcode
why would I hold USD0 when I can simply hold USYC directly
aba20
Will there be an announcement before USD0++ can no longer be redeemed for USD0?
Mava (AI Support)
Yes, as the Total Value Locked (TVL) of USD0++ increases, the APY can decrease. This is because the rewards are distributed among more participants, which can dilute the rewards each participant receives.
Mava AI Betafamousfxck
@Mava (AI Support) does USD0++ APY go down when TVL increases?
AM
When Binance Pre-market sale finished on 16th December, USUAL was at 0.84 approx. Then it was launched on 18th December. Hope it helps
Jenniferisheretoday
Got it
Lucky Boy
.2 is the bottomG
Jenniferisheretoday
Thank you!!!
Lucky Boy
Its went launchpool free then went down .2
Jenniferisheretoday
Does anyone know what the price was on Binance pre sale?
Was there a public sale in advance?
So it’s officially listed, correct? In the pinned docs there is some old info stating, “it’s not yet listed”Jenniferisheretoday
So it’s officially listed, correct? In the pinned docs there is some old info stating, “it’s not yet listed”
Mava (AI Support)
The tokenomics of USUAL are structured around two main phases: 1) USUAL Token Issuance, where tokens are issued based on the amount of USD0++ minted, and 2) Distribution of USUAL to Value Contributors, which incentivizes behaviors that enhance the protocol’s growth and adoption. For more detailed information, you can refer to the Usual Protocol WhitePaper. Reference: 1
Mava AI BetaJenniferisheretoday
Anyone have tokenomics info?
Mava (AI Support)
Yes, you can check the fees generated after the fee switch is turned on by visiting the dApp dashboard at app.usual.money. This will provide you with the necessary information regarding fees and rewards.
Mava AI Betaangelyo
Would there be any dashboard to check the fees generated after the fee switch is turned on?
Salamence
Hi, I saw in your docs that you also have usual*? What is this token? Is this tradable too? Thanks
I was doing some research and I got that I can stake USD0 to get USD0++. This will have like 40% APY to get some $USUAL.
But can I also stake $USUAL? Because it showed like 340% APY.p0kadevil | $HAROLD
I was doing some research and I got that I can stake USD0 to get USD0++. This will have like 40% APY to get some $USUAL. But can I also stake $USUAL? Because it showed like 340% APY.
@Mava (AI Support) How long does it take to adjust the emission rate of USUAL after TVL goes up?Austineking | Alchemist✅
01/01/2025 at 15:14:40 ESTIn many cases, the adjustment might take effect relatively quickly, often within a few blocks or a short period after the TVL changes are detected. However, this timing can depend on the governance rules of the platform and any specific parameters set by the developers.
@Mava (AI Support) How long does it take to adjust the emission rate of USUAL after TVL goes up?
faustboar
@Mava (AI Support) How long does it take to adjust the emission rate of USUAL after TVL goes up?
BingChilling
Math lmao do you think math is not used after school?
faustboar
How long does it take to adjust the emission rate of USUAL after TVL goes up?
Mava (AI Support)
The inflation of USUAL is designed to decrease over time as the Total Value Locked (TVL) of USD0++ increases. The emission rate of USUAL decreases, reducing the number of tokens issued per locked dollar, which supports scarcity and helps in reducing inflation.
Mava AI Betafaustboar
when will usual inflation go down?
energy$
Which website do you use?
azorin
something about info written in times new roman makes it feel extra legit
hamzakhalid01
01/01/2025 at 14:53:35 ESTBased on apy of today
hamzakhalid01
01/01/2025 at 14:53:16 EST@Mava (AI Support) Please breakdown 300 coins' rewards for 2 months. (Keep the response short)
Mava (AI Support)
The fees collected from USD0++ are used to buy back USUAL, which is then distributed as rewards to USUALx holders. This is in addition to the 10% reward from Usual emissions. Therefore, the fee switch will impact your rewards by potentially increasing the amount of USUAL distributed to USUALx holders.
Mava AI Beta
d moneyzz
How Will the fee switch inpact our Usual rewards, if We have UsualX staked?
hamzakhalid01
01/01/2025 at 14:52:23 ESTPlease breakdown 300 coins' rewards for 2 months. (Keep the response short)
Please breakdown 300 coins' rewards for 2 months.
Mava (AI Support)
When you stake USUAL, there is a 10% fee applied to the unstaked amount. This fee is redistributed to those who continue staking, rewarding long-term behavior. The daily rewards for staking can be seen in the APY forecast, which shows the daily yield derived from the APR. To calculate your profits, you can compare the amount you could have withdrawn at the start (deposit minus 10%) with your current withdrawal value. The difference shows your earned rewards.
Mava AI Betahamzakhalid01
01/01/2025 at 14:50:06 ESTAnd the staking fee and per day rewards? Can you give me a breakdown of the profits and cost? @Mava (AI Support)
It is a bit more than 5 usual coins.
hamzakhalid01
01/01/2025 at 14:48:44 EST@Mava (AI Support) What is the transfer fee from Binance to metamask?
hamzakhalid01
01/01/2025 at 14:48:28 EST@Mava (AI Support)
What is the transfer fee from Binance to metamask?
Mava (AI Support)
The transfer fee for UsualX is not explicitly mentioned in the documentation. However, there is a 10% unstaking fee for USUALx. For transfers, the documentation primarily discusses whitelisting and blacklisting restrictions rather than specific fees. Reference: 1
Mava AI Betahamzakhalid01
01/01/2025 at 14:47:17 EST@Mava (AI Support) what is the transfer fee?
liljeetlambo
01/01/2025 at 14:46:42 ESTWhy we still 90c area. Will this bounce already
hamzakhalid01
01/01/2025 at 14:46:32 ESTAnd what's the fee for the transfer?
hamzakhalid01
01/01/2025 at 14:46:05 ESTWhat is the recommended wallet for that? Will metamask work?
Mava (AI Support)
You can use the Binance wallet, but for staking USUAL tokens, you will need to transfer them to a digital wallet that supports the Usual dApp, as staking is not available directly on Binance.
Mava AI Betahamzakhalid01
01/01/2025 at 14:45:28 ESTCan't I directly use the Binance wallet?
Mava (AI Support)
To move your USUAL coins from Binance for staking, you need to withdraw them to your digital wallet using the Ethereum network. Once they are in your wallet, you can connect your wallet to the Usual app and proceed with staking.
Mava AI Beta
hamzakhalid01
01/01/2025 at 14:44:04 EST@Mava (AI Support)
hamzakhalid01
01/01/2025 at 14:43:38 ESTHow do I do that considering that the coins are on Binance?
How do I do that considering the coins are on Binance?
Mava (AI Support)
To maximize earnings from 300 USUAL coins, consider staking them to activate governance rights and earn a portion of future USUAL emissions. This strategy not only provides governance participation but also aligns with long-term growth incentives. Additionally, you can participate in gauge voting to influence protocol liquidity and key decisions, potentially increasing your earnings through strategic involvement in the protocol's growth.
Mava AI Betahamzakhalid01
01/01/2025 at 14:42:20 ESTWhat's the most effective earning strategy from 300 usual coins?
faustboar
have usual rewards started being paid towards usd depositors?
Mava (AI Support)
The revenue switch is a mechanism within the Usual protocol that redirects the treasury 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 Betafaustboar
@Mava (AI Support) What is the revenue switch?
What happens with USD0++ after reaching maturity in 2028? We get it back as USD0 and that finishes the maturity phase, or do I miss something?Davinor
What happens with USD0++ after reaching maturity in 2028? We get it back as USD0 and that finishes the maturity phase, or do I miss something?
generalmasango
Okay thanks 🙏🏿
Davinor
Instead of Usual, it's usuaal and usaulamoney
You see the spelling there?
Noé
Please check # 🔗ㆍofficial-links
Not the real website
Noé
That’s a scam
0xports
when will the usd0++ maturity end
Noé
usual.money?
Noé
What website are you on?
CryCasher
bro already fixed
CryCasher
matingmask
my deposit is not show'd at UI
i was got heart attack from equilibria UI update
bro
The Southerner
Thank you ☺️
Mava (AI Support)
Your rewards might not be updated due to the cycle timing. For USD0++, rewards are distributed at the end of each 24-hour cycle. If you are not seeing updates, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI Beta
Dynamo
My reqards for today is not updated. Why?
Noé
Not a great place to grab info
The Southerner
I don't know i copy the word from the square, the content is very hard
Noé
Until USD0++’s maturity ends
$USUAL is minted every day based on revenue, and is disinflationary
There’s no batch
@Noé good afternoon, what is the supply of circulation batch?, is true that only 3M tokens remain to close the first circulation batch? I see this in the Binance square.Noé
What do you mean by batch….?
The Southerner
@Noé good afternoon, what is the supply of circulation batch?, is true that only 3M tokens remain to close the first circulation batch? I see this in the Binance square.
palekid
Sturdy are suggesting that continued participation in this agg will payout $USUAL, post-TGE - do you have any information on how that would work? Or a timeline for when it would go live? I am getting a very satisfactory APY from them locally in $STRDY for participating in the aggregator, but I also staked my $USUAL from the TGE and I would love to add to it. I guess I'm wondering, is it going to be $USUAL or $USUAL.x?
hello Usual folks - glad to have gotten my $USUAL from participating in the Sturdy aggregator with USDC
krypt0man1ac
Happy new year to all! @Noé Bonne Année, mes meilleurs vœux !
Rahul
01/01/2025 at 12:57:55 ESTOk thank you 👍
Noé
No program right now - later on!
Rahul
01/01/2025 at 12:56:47 EST@Noé hello sir! the ambassador program is live here ?
unknown l
I would really love this
Noé
Probably not
nein
will it be today?
ZirDeli
For long term stakes how long you have to leave it? Is daily or weekly or a year?
Noé
No precise ETA ser
nein
will we get the bera vault today?
I’m trying to participate in the primary market, but I don’t have access to the website. What can I do?ravished
VPN
Lol, when I ask these questions in the chat, I get friend requests on the side and requests to DM them. Can’t y’all just answer the question in the chat?
yasiaforever81
Lot's of scammers outchea fren
I want to stake some of my Usual tokens in order to get Usualx tokens, which I think earns USD0(++) rewards.Noé
USUALx earns USUAL sir, not USD0++
Lol, when I ask these questions in the chat, I get friend requests on the side and requests to DM them. Can’t y’all just answer the question in the chat?Cowboy James
Lol, when I ask these questions in the chat, I get friend requests on the side and requests to DM them. Can’t y’all just answer the question in the chat?
Cowboy James
I want to stake some of my Usual tokens in order to get Usualx tokens, which I think earns USD0(++) rewards.
I’m trying to participate in the primary market, but I don’t have access to the website. What can I do?Noé
What are you trying to do exactly?
Cowboy James
I’m trying to participate in the primary market, but I don’t have access to the website. What can I do?
Cowboy James
Yes, I agree. I’m in the U.S. and I’d like to stake my Usual tokens, but I can’t because I don’t have access to the website.
Will be still possibility to swap Usualx to Usual instead of unstaking ? I am considering if it make sense to stake some more usuals for a month period. In case I can swap it it makes sense but in case of unstaking this short term staking is useless @NoéNoé
This doesn't depend on Usual, it depends on secondary market
Will be still possibility to swap Usualx to Usual instead of unstaking ? I am considering if it make sense to stake some more usuals for a month period. In case I can swap it it makes sense but in case of unstaking this short term staking is useless @Noébasedscarf
you can swap, but the 10% unstake fee might be implied in the swap rate
Bercianos
My goal is to earn some usuals of course
Will be still possibility to swap Usualx to Usual instead of unstaking ? I am considering if it make sense to stake some more usuals for a month period. In case I can swap it it makes sense but in case of unstaking this short term staking is useless @Noé
621936
What will happen on 7 Jan any clue
nein
wen bera vault?
can i move usd0++ to another wallet? If possible, will I immediately get rewards in the new wallet? or do I have to swap it to USD0 first and then move it to the new address?Mava (AI Support)
Yes, you can move USD0++ to another wallet. You do not need to swap it to USD0 first. However, any rewards accrued before the transfer will remain with the old address. Rewards for the new cycle will be credited to the new wallet.
Mava AI BetaMiraiMhysa
can i move usd0++ to another wallet? If possible, will I immediately get rewards in the new wallet? or do I have to swap it to USD0 first and then move it to the new address?
CryCasher
yo guys
Noé
# 🧐ㆍspeculation
Saitama
01/01/2025 at 11:31:46 ESTWill that increase or decrease the value of the USUAL token?
Davinor
Revenue switch will be on and gets Usualx holders an additional APY of 46%
Noé
not planned sir
Saitama
01/01/2025 at 11:23:10 ESTWhat event is coming up on January 7th? And what can we expect from that day?
Usual
Davinor
@Noé can you help me there?
With the help of @treebeard and @Noé, I’ve written a simple tweet. Please take a look and share your feedback.Usual
https://x.com/lucasvisionx/status/1874490943631692073
Revenue switch activation I believe the activation of the revenue switch in @usualmoney will act as a significant short\-term growth catalyst\. Currently, the APY for $USUALx stands at 322%, with the revenue switch projected to add an additional 47%, effectively increasing the
Twitter • 01/01/2025 11:20:41 ESTDavinor
Is it planned to get the geoblock removed for USA and UK, because they are big markets?
Mava (AI Support)
Yes, Usual is geoblocked in several countries in addition to the USA. These include Belarus, the Central African Republic, the Democratic Republic of Congo, the Democratic People’s Republic of Korea, the Crimea region of Ukraine, Cuba, Iran, Libya, Somalia, Sudan, South Sudan, Syria, the United Kingdom, Yemen, and Zimbabwe. Reference: 1
Mava AI BetaDavinor
Is Usual geoblocked in other countries in addition to USA?
famousfxck
Or use the USD0 as collateral for something else.
9891.eth
USUAL/USD0 pool has not started yet?
famousfxck
Btw let’s not forget the fee mechanism also reduces sell pressure. Because people can choose to just sell USD0 and hold more USUAL instead.
Saitama
01/01/2025 at 11:06:38 EST😂 👍
Saitama
01/01/2025 at 11:06:23 ESTwow
Mava (AI Support)
Understanding DeFi and protocols like Usual can be complex, but you don't necessarily need a degree in economics. Here are some topics and books that might help: 1. Blockchain Basics: Understanding how blockchain technology works is fundamental. Books like 'Blockchain Basics' by Daniel Drescher can be a good start. 2. Decentralized Finance (DeFi): 'The Infinite Machine' by Camila Russo provides insights into the Ethereum network, which is the backbone of many DeFi projects. 3. Cryptocurrency: 'Mastering Bitcoin' by Andreas M. Antonopoulos is a great resource for understanding cryptocurrencies. 4. Financial Markets: Books like 'A Random Walk Down Wall Street' by Burton Malkiel can provide a good foundation in traditional finance, which is helpful for understanding DeFi. 5. Smart Contracts: Learning about smart contracts is crucial. 'Mastering Ethereum' by Andreas M. Antonopoulos and Gavin Wood is recommended. These resources should give you a solid foundation in understanding DeFi and related technologies.
Mava AI BetaSaitama
01/01/2025 at 11:06:02 ESTGreetings, I came here yesterday to find out about this, but it's complicated. Could any of you recommend some books or topics that I should study to understand all this? Or is it something that you only understand after graduating in economics? 🙃
9891.eth
OK, thanks, I understand.
But why do I find that the amount allocated to USUALx and USUAL every day does not match the 10% ratio? Currently, the total daily release is about 3.5m usual, but the number of USUALx and USUAL claims per day is close to 600k, which does not match the 10% ratio.9891.eth
But why do I find that the amount allocated to USUALx and USUAL every day does not match the 10% ratio? Currently, the total daily release is about 3.5m usual, but the number of USUALx and USUAL claims per day is close to 600k, which does not match the 10% ratio.
Noé
seems up to date
famousfxck
Earned like 2.6k usual in 7 days lmeow
famousfxck
So I’d be buying more USUAL 👀🔥
famousfxck
Ahh okay that’s fine cool
If USD0 is not compounding in the vault, I’d have to sell it and buy USUAL
Noé
bro opens the dashboard every day to see rewards accumulate
treebeard
Probably separately claimable, I don't imagine you'd have to unstake usualx to claim it
famousfxck
I just want to keep staking as much as possible and earn max USUAL
But I’ll have to unstake to receive that… 😭 or will it be redeemable as USD0 separately
Tbh I don’t know what’s price locking I’ll do with the USD0 I will now get from staking
Noé
calling him
famousfxck
I need Vitalik Buterin to confirm this
Noé
source: literally the blockchain
famousfxck
# ❓ㆍfaq # 🔗ㆍofficial-links start here thanks 👍
Noé
me
famousfxck
Bruh
xtreme11
source?
famousfxck
Treasury bills
It means that currently you get >300% APY by earning:
- 10% of the $USUAL emission
- 1/3 of unstaking fees paid by people unstaking
When the revenue-switch is turned on, assuming the projected APY, you'd get >40% APY on top of the rest, in USD0.Noé
already answered you
xtreme11
USD0 backed by what?
famousfxck
# ❓ㆍfaq # 🔗ㆍofficial-links please start here
Noé
(mmf)
Noé
overnight repos
xtreme11
backed with?
famousfxck
Bruh
treebeard
No, not an algo "stablecoin" like ust. USD0 is 1:1 backed and redeemable
Noé
It has nothing to do with it
xtreme11
is it similar to LUNA and UST?
If the circulation of USUAL increases in the next four years, will it lead to a decrease in price?Mava (AI Support)
The price of USUAL is influenced by various factors, including its circulation. Generally, if the supply of a token increases significantly without a corresponding increase in demand, it could lead to a decrease in price. However, USUAL's minting and distribution are designed to be disinflationary, meaning less USUAL is minted as revenue grows, which could help stabilize or even increase its price over time.
Mava AI Betazakuku
If the circulation of USUAL increases in the next four years, will it lead to a decrease in price?
Noé
It means that currently you get >300% APY by earning: - 10% of the $USUAL emission - 1/3 of unstaking fees paid by people unstaking When the revenue-switch is turned on, assuming the projected APY, you'd get >40% APY on top of the rest, in USD0.
treebeard
The 324% apy in usual wouldn't change, but if the revenue switch is enabled, it's projected you'd get an additional 47% apy in the form of usd0 or usd0++
Lucas⚡
then the APY will be 324%+47%?
Lucas⚡
what does it mean?
USUALx holders are already enjoying a 324% APY, so what does it mean when the Projected APY drops to 47% with the revenue switch turned on? I don’t quite understand the reasoning behind this.Noé
Those are two different things, projected APY would be on top
Lucas⚡
USUALx holders are already enjoying a 324% APY, so what does it mean when the Projected APY drops to 47% with the revenue switch turned on? I don’t quite understand the reasoning behind this.
Noé
and all of those redeems also gave us redeem fees
because we arbed
Noé
We actually made profits
Noé
When it depegs on the secondary market, the value of the backing doesn't change, our collateral factor is currently 100.4%
Neckbeardius
and build our treasury up
so you need to keep whale selling and make people afraid
god damn this project is good
Oh.. sweet
Mava (AI Support)
In the event of a slight depeg, the underlying yield from the Real-World Assets (RWAs) backing USD0 remains unaffected. The yield continues to accumulate in the DAO's treasury, and the protocol is designed to handle such scenarios by potentially allocating funds to an insurance fund to manage the depeg risk.
Mava AI BetaNeckbeardius
so in the event of a slight depeg, how does that work for the underlying yield
famousfxck
600M$+ volume lmao
Liquidity pools printed massive money from fees yesterday
famousfxck
Yep it’s Bitcoin, Berachain and Monad 🫡🔥
famousfxck
Or monad
Mava (AI Support)
Yes, when you stake USUAL into USUALx, your stake position effectively increases over time as you accumulate rewards. The USUAL you can unstake with USUALx increases, reflecting the accumulated rewards.
Mava AI BetaShinRa X
is USUALx Rewards will increase the stake position?
Noé
nice fees for you haha
Neckbeardius
Good thing I locked in the liquidity pools haha.. had a feeling
Noé
Yep, what @famousfxck is basically saying is that TVL actually didn't go down $200M because of organic redeems, most of it was our MMs redeeming to arbitrage the Curve pool and repeg it
famousfxck
So TVL didn’t went down because of panick. It more went down because of opportunity if that makes sense to you
Neckbeardius
Understood. Just trying to understand
famousfxck
USD0 is always redeemable for 1$
TVL went down because. USD0 depegged a little, so MMs and whales bought USD0 and redeem it for profit causing USD0 supply to decline a bit
USD0 supply goes down if -> someone redeems USD0 through primary
Noé
(route on primary is USDC -> USYC to treasury -> USD0 to user) (route on secondary is a swap, so no mint or burn)
famousfxck
USD0 supply goes up if -> someone mints USD0, so swaps it for USDC
ShinRa X
Can I still able to claim Rewards of USUAL without unstaking USUAL
Neckbeardius
the whole point is yield?
wait.. not.. thats wrong famous.. I thought it was techinically usdc - to usty to usd0
famousfxck
Basically if you mint USD0, so swap USDC for USD0 then more USD0 will be created
Noé
MMs and whales arbed the Curve pool
Neckbeardius
ahh arb
still doesn't explain how 200 mill disappeared. I thought it was only created through yield bills.Noé
to arb sir
famousfxck
That is just the TVL
still doesn't explain how 200 mill disappeared. I thought it was only created through yield bills.famousfxck
Uhh no
Neckbeardius
so one whale sells, and it drops 200 mill k
still doesn't explain how 200 mill disappeared. I thought it was only created through yield bills.
Noé
https://x.com/usualmoney/status/1874188675552088249
This morning \(07:00 AM UTC\), the Usual protocol experienced a massive USD0 sell\-off triggered by a single whale’s trade on the secondary market, which raised doubts about the USD0 peg\. USD0 briefly dipped to $0\.99 before re\-pegging to $1 within a few seconds, initially with some
Twitter • 12/31/2024 15:19:35 ESTNeckbeardius
just curious how did the USD0 supply drop 200 mill or so
CapybaraChan
Maybe it's Corn, Bera and Sonic
CapybaraChan
if it's sonic maybe it's FTM? the rebrand Sonic?
ShinRa X
It's hint?
famousfxck
Oh wait it could be about Solana
Or it’s about me 🫡😂 sonic the hedgehog
Bitcoin, Berachain and something about a hedgehog
Given revenue will go to stakers, but without proper us regulation , is this a cause of concern for the team?Noé
Usual is geoblocked in the US sir
Mava (AI Support)
During the initial months, there is a 7-day verification period to ensure the system operates seamlessly and distributes the correct rewards to each participant. If you still can't claim your USUAL after this period, please check if there are any specific conditions or issues with your account.
Mava AI Beta
ox2f
Whats the deal with January 7th?
punk(3x3)🚬
Given revenue will go to stakers, but without proper us regulation , is this a cause of concern for the team?
famousfxck
0.20$ premarket
Noé
lmeow
Noé
the launch I guess
punk(3x3)🚬
What’s the atl for usual?
famousfxck
Or HyperLiquid price action? 😅
bysacha
Nope -14% yesterday
ShinRa X
When Staking Fee will change to Usual instead of ETH?
famousfxck
And price action is normal during these times. Like have you seen fantom yet?
famousfxck
Incorrect, Usual didn’t go -30% yesterday.
Noé
Yessir, Pierre Person
punk(3x3)🚬
A depeg of a cent leading to a 30percent sell off in usual Is this normal
I’MadKiller
what is YT USD0?
punk(3x3)🚬
Looks sic Is the founder the guy there?
Noé
I like this video: https://www.youtube.com/watch?v=7SbLxeM-6nc
punk(3x3)🚬
Is there a video / podcast you can recommend to me to get to know this protocol better?
Noé
10% of the $USUAL revenue-based emission
so doesn't make much sense
most of the whales are
Noé
you need to be onboarded with one of our collateral providers, this way you can redeem the underlying collateral directly at 1:1
quite weird to swap $20M in one clip on a New Year's Eve, when everyone is in vacation, knowing that we have a primary market that guarantees 1:1 redeems
oompaloompa
what all rewards usualx holders are getting currently ?
quite weird to swap $20M in one clip on a New Year's Eve, when everyone is in vacation, knowing that we have a primary market that guarantees 1:1 redeemspunk(3x3)🚬
1:1 redeem Anyone can do so? Or exclusive to those being whitelisted
Noé
I mean idk, just seems weird tho
quite weird to swap $20M in one clip on a New Year's Eve, when everyone is in vacation, knowing that we have a primary market that guarantees 1:1 redeems
punk(3x3)🚬
Guess it may be a stablecoin rival as well
Noé
unkown, could be deleveraging, could be an attack on the peg
Mava (AI Support)
USD0 is not minted by staking USUAL. Instead, USUAL tokens are issued based on the amount of USD0++ minted. Each minting event triggers the issuance of a corresponding number of USUAL tokens, reflecting the growth in protocol activity and underlying assets.
Mava AI Beta
guaiguainv
Can usd0 be minted by staking USUAL?
punk(3x3)🚬
What did the whale sell usd0 for?
Noé
Yes, https://x.com/usualmoney/status/1874188675552088249
This morning \(07:00 AM UTC\), the Usual protocol experienced a massive USD0 sell\-off triggered by a single whale’s trade on the secondary market, which raised doubts about the USD0 peg\. USD0 briefly dipped to $0\.99 before re\-pegging to $1 within a few seconds, initially with some
Twitter • 12/31/2024 15:19:35 ESTShinRa X
Don't forget the ETH Fee as well, it's quite high
punk(3x3)🚬
Is there a tldr on what caused the depeg today?
punk(3x3)🚬
Wow great
famousfxck
Bless ChatGPT
Noé
There's no locking period
ShinRa X
Is unstaking fee applied to USD0?
punk(3x3)🚬
And upon unstaking, do I have access to it instantly? Or there is a grace period
punk(3x3)🚬
What’s the minimum number of days to stake in order to break even ?
Noé
your unstaking fees go to the ones who stay staking
game theory 101
Given that there is 10percent unstaking fee
If I stake for one week, and choose to unstake. I get back lesser than what I started with…..Noé
Yes because staking isn't short term
ShinRa X
is unstaking fee forever implement?
punk(3x3)🚬
I had worse situation…. In crypto it is madness… hmm may I find out has anyone done the maths in order to break even, one needs to stake for a minimum of how many days?
ShinRa X
If I unstake 100 Usual, what is the unstaking fee?
Given that there is 10percent unstaking fee
If I stake for one week, and choose to unstake. I get back lesser than what I started with…..
punk(3x3)🚬
Given that there is 10percent unstaking fee If I stake for one week, and choose to unstake. I get back lesser than what I started with…..
famousfxck
Not exactly but you wouldn’t need to pay the 10% fee
Mava (AI Support)
Yes, you can swap USUAL tokens for USD0. However, please note that USD0 is primarily backed by Real-World Assets like US Treasury Bills, and the swap mechanism may involve specific processes or platforms. Reference: 1
Mava AI BetaShinRa X
Can I swap Usual to USD0?
mario117 BT-P City
What will happen on January 7th?
Noé
I love mava so much
punk(3x3)🚬
Swapping on dex does it give me the equivalent ?
Mava (AI Support)
USD0++ holders receive rewards in the form of $USUAL tokens, which are tied to the protocol's revenue. Therefore, while USD0++ itself does not directly generate revenue, it provides rewards through $USUAL emissions, which are based on the protocol's revenue. Reference: 1
Mava AI BetaNanobro
So usd0++ only get usual emission. No any revenue. Am i correct?
famousfxck
You can swap on DEX
0x0ㅠㅠ~
why coinmarketcap fdv is 9x of coingecko?
famousfxck
Yes
punk(3x3)🚬
Is there unstaking fee?
Nanobro
So usd0++ only get usual emission. No any revenue. Am i correct?
ShinRa X
If I stake 100 Usual, how many Usualx will get
Noé
more details to come
Breno
@Noé could you answer me that?
Mava (AI Support)
To swap USUAL to USUALx, you need to stake your USUAL tokens. When you stake USUAL, it is converted into USUALx. Please note that there is a 10% discount when swapping USUAL to USUALx, meaning you will receive less USUALx than the USUAL tokens you initially staked.
Mava AI BetaShinRa X
How to swap Usual to Usualx
Mava (AI Support)
USUALx holders will benefit from the revenue switch mechanism, which redirects the treasury 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 BetaNanobro
Which source of revenue usualx will get from fee switch? Usd0++?
Noé
you need to wait for the Galxe claim
zeza
how to claim sir
0x0ㅠㅠ~
anyone knows?
Bull
When ?
Bull
Any gaIxe participants got their rew@rds ?
Mava (AI Support)
The daily rewards for staking USUAL can vary based on several factors, including the total amount of USUAL staked in the system and the distribution mechanism. The rewards are calculated at each block but updated on the UI daily. If the UI shows a daily reward of 39.76 USUAL for your 10,000 USUAL stake, it is likely based on the current distribution rate and staking participation.
Mava AI BetaBull
It's Jan 😂 lol
xtreme11
For 10,000 usual stake its showing I will be getting daily 39.76 usual is it true?
Bull
Wtf
Bull
When air-drop for gaIxe participants
Mava (AI Support)
The high APY for USUALx comes from the fact that USUALx receives 10% of the emission of all new USUAL. If a small percentage of the supply is staked in USUALx, all stakers share significant rewards, leading to a high APY.
Mava AI Betaxtreme11
From where does usualx 350% APY comes from?
Klinta
Probably still drunk from new years
ravished
Mava needs a training update
ravished
@Mava (AI Support) according to the revenue share switch
ravished
@Mava (AI Support) only usual stakers receive USD0 rewards or any usual holder?
Breno
What will happen on January 7th from the announcements channel?
Tiago
@Mava (AI Support) how long after starting stake to receive first reward?
oompaloompa
Any mod could reply to this ?
famousfxck
@Mava (AI Support) would ETH and BTC stakers receive ETH/BTC rewards or just USUAL?
Mava (AI Support)
USUALx holders receive several rewards: 10% of all USUAL distributions are allocated to USUALx holders, and 33.33% of system fees are also directed to them. Additionally, USUALx rewards are auto-compounded, making it a self-compounding financial instrument.
Mava AI Betaoompaloompa
what all rewards usualx holders are getting currently ?
@Mava (AI Support) so that’s basically BTC0 and ETH0 right? Could you explain these more in detail?Mava (AI Support)
BTC0 and ETH0 are part of Usual's strategy to expand its Real-World Asset (RWA) offerings. These tokens represent tokenized versions of Bitcoin and Ethereum, respectively, within the Usual ecosystem. They are designed to be used as collateral in the Usual protocol, similar to how USD0 is backed by U.S. Treasury bills. This allows users to engage with these assets in a decentralized finance (DeFi) context, potentially unlocking new yield opportunities and enhancing the composability of the protocol.
Mava AI Betafamousfxck
@Mava (AI Support) so that’s basically BTC0 and ETH0 right? Could you explain these more in detail?
Mava (AI Support)
Usual plans to expand its offerings beyond USD0 by introducing new synthetic assets in Q2 2025. These synthetic assets will be built on the same principles as USD0 but with added directionality and crypto-backed underpinnings. This expansion aims to enhance flexibility and broaden the financial tools available within the Usual ecosystem, reinforcing its role as a decentralized banking protocol.
Mava AI Betafamousfxck
@Mava (AI Support) explain new usual synthetic
Usual layer 2 probably means L2 integrations
famousfxck
@Mava (AI Support) explain price-locking
famousfxck
Thanks for this
fredchan17999
😱😱😱
The Southerner
The fee switch Era 🔁🪙 : ChatGPT You said: What is the fee switch in cryptocurrency ChatGPT said: ChatGPT The fee switch in cryptocurrency refers to a mechanism, typically within decentralized finance (DeFi) protocols, that allows a portion of the transaction or protocol fees to be redirected to specific entities, such as protocol governance, developers, or token holders. It acts as a tool to capture value and distribute rewards among participants or stakeholders in the ecosystem. Key Points: Purpose: Generate revenue for protocol maintenance and development. Reward liquidity providers (LPs), token stakers, or protocol developers. Align incentives between the protocol and its community. Common Use Cases: In Automated Market Makers (AMMs) like Uniswap, a portion of trading fees could go to liquidity providers, and the fee switch might allow some of those fees to flow to governance token holders instead. In lending platforms, a portion of borrower interest may be redirected to token stakers or treasury reserves. Governance and Activation: In many protocols, whether the fee switch is activated and how much is redirected is decided by governance (e.g., token holder voting). The fee switch is often a configurable parameter to maintain flexibility and community involvement. Debate: Pros: Encourages long-term participation, supports development, and creates sustainable funding models. Cons: May reduce direct rewards to liquidity providers, potentially reducing liquidity or user adoption if not managed carefully. Example: In Uniswap, the fee switch refers to the ability for governance to activate a protocol fee that would redirect a portion (e.g., 10% of trading fees) to the protocol's treasury rather than entirely to liquidity providers. This feature is inactive by default, ensuring community consensus before implementation. Would you like more details about how specific protocols implement fee switches?
lirrboroncruiser
might outdated
lirrboroncruiser
https://usualmoney.notion.site/Usual-Explained-111ab2a39ead80169c09c4419ce62a6c
dannnny
The article is in Chinese i cant read
Mava (AI Support)
You can view the roadmap for the Usual project by checking the detailed information provided in the Grandma article here: Grandma長文. This includes information about the USUAL token and the TGE roadmap.
Mava AI Betadannnny
@Mava (AI Support) where can I see the roadmap for the project?
Grpprofesional
HNY everyone What's going to happen on Jan 7th @Noé ?
xtreme11
whats the daily interest earned on USD0 collateral?
devrick
I want to know the detail about the revenue distribution
Mava (AI Support)
In the context of Usual, 'fee' refers to charges applied within the protocol, such as unstaking fees or early redemption fees. These fees are not directly equivalent to revenue distribution but can contribute to it. A portion of these fees is allocated as rewards to USUALx holders, which can be seen as a form of revenue distribution to incentivize long-term engagement.
Mava AI Betadevrick
Does “fee” mean revenue distribution?
if you havent, you should've seen how many people falsely reported themselves as sybil cluster when zro gave this option to report yourself. Literally people didnt read what they signed. I have so many golden screenshotsunknown l
this is absolutely incredible
Peter Pan
will that be included in the “fee switching “ document?
Mava (AI Support)
Currently, there are no unstaking fees for USD0++. However, there is mention of an 'Early Redemption' feature that is not live yet. This feature may involve some form of penalty or fee, but details are not available at this time.
Mava AI BetaPeter Pan
will there be before unstaking fees in the future for usd0++?
MichaelV
the best market with the most amazing stuff happening ,no second best
if you havent, you should've seen how many people falsely reported themselves as sybil cluster when zro gave this option to report yourself. Literally people didnt read what they signed. I have so many golden screenshots
all discords are the same, people are bitching constantly
unknown l
need several fulltime professional babysitters apparently
cue
there is no story without risk
MichaelV
death or glory
cue
Literally me, 220% win, naaah I prefer to lose it all, instead of regretting it later
unknown l
legit incredible to see
unknown l
yeah i think it will be turned on on 7th jan
Deicide
This and eating trifle.
famousfxck
Glad they’re back 🫡❤️
Crazy how they went on holiday for like 1 week and it went crazy here 😂
Team is gonna cook heavy
Hi team,at the app the swap usualx back to usual for a small amount is alway at the secondary market with 0%, is it safe to swapMava (AI Support)
Swapping USUALx back to USUAL on the secondary market is generally safe, but be aware that the secondary market might price in the unstaking fee in the conversion rate. This means you might receive less USUAL than expected due to market conditions. Always ensure there is enough liquidity and check the rates before proceeding.
Mava AI Betaseenoevil
Hi team,at the app the swap usualx back to usual for a small amount is alway at the secondary market with 0%, is it safe to swap
basedscarf
it is interesting to observe USDS (formerly DAI) trying to gain traction on Solana
MichaelV
they are too busy milking shtters on solana
No, that’s an entirely different mechanism: the Early Redemption.
It would 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.
This has no ETA and has nothing to do with the revenue switch. It has always been public btw.
MichaelV
just pointed one daddy, whoever is our dad i am grateful
famousfxck
True
Noé
(wintermute doesn’t mm for usual afaik)
famousfxck
Buying at dirt cheap prices and now entering again lmfao
Dumping price and TVL, spreading fud about a mere 0.1% depeg
lmao market makers painted the chart abysmally so people could sell at lowest price possible and now run it up kekkfamousfxck
Whales doing crazy work
Thanks for your answer. There are some rumors on that, such as after Jan 7th ,when unstake usd0++, some portion of the usual rewards earned will be cancelled…Noé
No, that’s an entirely different mechanism: the Early Redemption. It would 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. This has no ETA and has nothing to do with the revenue switch. It has always been public btw.
Peter Pan
Thanks for your answer. There are some rumors on that, such as after Jan 7th ,when unstake usd0++, some portion of the usual rewards earned will be cancelled…
CapybaraChan
Ok thanks
CapybaraChan
so the fee switch isn't activate now?
Mava (AI Support)
The fee switch is a mechanism where the DAO accrues treasury from interest earned on USD0 collateral. This treasury can be redirected as dividends to USUALx holders, ensuring that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Betadannnny
What is fee switch?
Correct me if I am wrong @Noé but USD0++ yield will be distributed in USD0 or USUAL ?
Then xUSUAL holder will get the fee ?bysacha
Correct me if I am wrong @Noé but USD0++ yield will be distributed in USD0 or USUAL ? Then xUSUAL holder will get the fee ?
Thanks, I wonder what is the negtive effect of “fee switch” on usd0++ holders… maybe lower Apy or higher redemption fees?Noé
There’s no negative effect as those are two separate things
Peter Pan
Thanks, I wonder what is the negtive effect of “fee switch” on usd0++ holders… maybe lower Apy or higher redemption fees?
Noé
Those are two different things
Hi, I stake usd0 to usd0++ and earn APY. After jan 7th the fee switch, the apy for usd0++ will be 0, no earning anymore? (all apy redirect to usualx?)Noé
No
MichaelV
king work right there
love to see market dynamics
lmao market makers painted the chart abysmally so people could sell at lowest price possible and now run it up kekk
FlAmEnInJa
what is coming on 7th Jan?
Peter Pan
Hi, I stake usd0 to usd0++ and earn APY. After jan 7th the fee switch, the apy for usd0++ will be 0, no earning anymore? (all apy redirect to usualx?)
Neyros
Come on babe
CapybaraChan
Ok so after 7 Jan it will be activated?
unknown l
this is just the teaser
I saw the latest tweet. where can I see a documentation about this
"The fee switch era begins."unknown l
more detailed info coming soon
CapybaraChan
thank you. so all along the fee switch wasnt on?
CryCasher
the switch fee? mean revenue switch?
Mava (AI Support)
The fee switch refers to a mechanism where the DAO accrues treasury from interest earned on USD0 collateral. This treasury can be redirected as dividends to USUALx holders, ensuring that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI Beta
I saw the latest tweet. where can I see a documentation about this
"The fee switch era begins."famousfxck
@Mava (AI Support) explain fee switch
CapybaraChan
I saw the latest tweet. where can I see a documentation about this "The fee switch era begins."
Mava (AI Support)
The Total Value Locked (TVL) may not be increasing due to several factors. One reason could be the Pendle Reroll, which caused significant outflows. Additionally, with the Token Generation Event (TGE) approaching, some users might be withdrawing their funds. Furthermore, in a 'risk-on' market environment, investors may prefer to allocate their assets to more volatile investments, leading to a decrease in stablecoin holdings.
Mava AI Betaunknown l
'why isn't tvl going up' - it is 'why not faster'?
Bercianos
I am looking forward to 7th of January. I only consider where I can gather more resources to buy and stake more 💪
Gunner funk
Not as much as it used to
famousfxck
USDe is even more worse, 0.9972$ 😂
Even right now USDT is 0.9979$
gintruxx
where depegged
gintruxx
i have USDe, exchange rate is worse with USDC
yeah but he said on usual swap panel, the swap may sometimes go through the primary market, not the poolsfamousfxck
Just use USDC it has better liquidity
Went up 35M$ today
famousfxck
TVL is already going back up already
gintruxx
yeah but he said on usual swap panel, the swap may sometimes go through the primary market, not the pools
famousfxck
Best to use USDC to swap
@Noé what's the condition for swap to go through primary market in usual's swap panel? is it spread % or some exchange loss treshold? would such transaction go through primary one? screenshot from curvefamousfxck
USDT pool is very small
Gunner funk
Peg established why don't the TVL come back
unknown l
this is good stuff
unknown l
trying to get some cheap usualx
kiratsunami
do we have infos on revenue sharing ? how much will they distrubte to token holders ? only to usualx or even usual holders ?
Reda
https://x.com/CryptoReda/status/1874416189511725337
Excited to share my first research video of 2025\! This time about $USUAL \- No big unlocks from Team/VC's untill December 2025 🔒 \- Just had a strategic partnership with $ETHENA and Buidl \(Blackrock\) 🤝 \- Backed by Binance labs, Coinbase Ventures and Kraken ventures 💵 If you
Twitter • 01/01/2025 06:23:39 ESTfamousfxck
Post it on Twitter and then share the link here
Reda
Im trying to post my youtube link but it keeps getting removed
Mava (AI Support)
You can share your research video about Usual on our community forums or social media platforms. Engaging with the Usual community through these channels is a great way to share your insights and connect with other members. Reference: 1
Mava AI BetaReda
Hello i made a research video about usual where i can i post it?
famousfxck
Btw if anyone wants to unstake, you’re gonna get good rates rn. 1 USUALx is 1.14 USUAL
OxygenG
i swear its gone i have to use Zerion
famousfxck
Just search for USUAL or USUALx
famousfxck
Nah cap, you literally need to add them manually
Usual
famousfxck
Read the whitepaper, blogs, etherscan. And if you still can’t figure it out, ask mava
unknown l
i will pay some off (they can't be expensive)
OxygenG
hey yall, why did Ledger suddenly does not recognize USUAL/USUALx tokens?
unknown l
are there binance square influencers?
famousfxck
Than do research lmfao
BingChilling
Im not even sure we are breathing the same oxygen
famousfxck
They’d rather trust info on binance square about someone who had a 500$ portfolio
😂😂😂 why does nobody on binance square ever do research
famousfxck
Bruh another binance square user
Nanobro
Do i need to claim usual for staked usualx? Or the balance grow inside usualx
BingChilling
I have bad news total supply 512M
BingChilling
Bruh
Burgerflipper
what happens 7th january?
Ganja
01/01/2025 at 06:17:06 ESTA sell-off will occur when the total circulating supply reaches 494.6M. Let's wait and see
what's the form of dividends when treasury be redirected to usualx holders, usdc or usual? via airdrop?Mava (AI Support)
Currently, USUALx holders receive rewards in the form of USUAL tokens. These rewards are revenue-based, meaning they are minted in exchange for revenue, representing protocol equity. The distribution method, such as airdrops, is not specified in the available documentation.
Mava AI Betalirrboroncruiser
what's the form of dividends when treasury be redirected to usualx holders, usdc or usual? via airdrop?
Mava (AI Support)
The treasury generates revenue through the collateral backing the stablecoin USD0, which includes tokenized Real-World Assets (RWAs) like U.S. Treasury bills. This collateral accumulates and compounds in the treasury, effectively increasing revenue over time.
Mava AI Beta
0xconvergence
@Mava (AI Support) how does the treasury generate revenue?
@Mava (AI Support) when will treasury revenue start being distributed to usualx holdersMava (AI Support)
Currently, the treasury revenue is not distributed to USUALx holders. However, there is a plan for a revenue switch mechanism that will redirect the treasury as dividends to USUALx holders. This will require USUAL to be staked to claim economic value when the revenue switch is activated.
Mava AI Beta0xconvergence
@Mava (AI Support) when will treasury revenue start being distributed to usualx holders
0xconvergence
@Mava (AI Support) when will fee switch start?
0xconvergence
@Mava (AI Support) when will this start?
Mava (AI Support)
The fee switch mechanism will redirect treasury funds as dividends to USUALx holders. This could potentially increase the demand for USUALx, as holders will receive dividends, which might positively impact the price of USUALx.
Mava AI Beta0xconvergence
@Mava (AI Support) what will fee switch do for the price ?
How much is the additional upside of this?
Mava (AI Support)
The fee switch refers to a mechanism where the DAO accrues treasury from interest earned on USD0 collateral. While currently undistributed, this treasury can be redirected as dividends to USUALx holders when the fee switch is activated. This ensures that users must stake USUAL to claim economic value.
Mava AI Beta0xconvergence
What is the fee switch
Is there any way, any way at all, to know how much a single deal is earning me (in terms of rewards in USUAL)?
For example, "YT USD0++ 30JAN2025" subscribed on Pendle?
It’s impossible to properly manage investments if all the returns are mixed together.Mava (AI Support)
Currently, the rewards for YT USD0++ are calculated based on your YT holdings, not their dollar value. If you have 10k YTs, you earn the yield of 10k USD0++. However, specific breakdowns for individual deals are not provided separately on the dashboard. All rewards accumulate on your Usual dashboard and are paid out in $USUAL.
Mava AI BetaJappix
Is there any way, any way at all, to know how much a single deal is earning me (in terms of rewards in USUAL)? For example, "YT USD0++ 30JAN2025" subscribed on Pendle? It’s impossible to properly manage investments if all the returns are mixed together.
BingChilling
You get revenue from treasury if u stake usualx
Riskamade
after unstake usualx
usual .
BingChilling
Usual or usualx?
Riskamade
hei bro what happen on 7 january.? i still hodl much usual. tell me please.
what news on 7 january ?
Brane
01/01/2025 at 05:38:01 ESThello , new member here 😄
sarbaz
what is usualx???
Usual
tariq083524 has been warned
Reason: Mass mention
Where did March come from? The 494.6 is a misreading of the binance announcement but I don't see March anywhere
Hello, does fee switch mean usual stakers will stop receiving usual as rewards and will only receive protocol revenue ?Mava (AI Support)
The fee switch mechanism means that the DAO will redirect treasury from interest earned on USD0 collateral as dividends to USUALx holders. This does not mean that USUAL stakers will stop receiving USUAL as rewards. They will continue to receive USUAL emissions as part of the protocol's reward system.
Mava AI BetaSiberianViki
Hello, does fee switch mean usual stakers will stop receiving usual as rewards and will only receive protocol revenue ?
sarbaz
if i bought yt-usd0++ i eligible for usual token??? what is apr???
Noé
@Noé Happy New Year! Can you help me get this new announcement correct? Revenue earned from stablecoin is distributed to stakers?
so they just tested the liquidity and thickness of the protocol to exploit it at a later momentBingChilling
Exploit what? Lol it's 1:1 backed 100% collateral.
Gucci_Gopnik
so they just tested the liquidity and thickness of the protocol to exploit it at a later moment
chrisgm3773
@Noé Happy New Year! Can you help me get this new announcement correct? Revenue earned from stablecoin is distributed to stakers?
80 % of people on binance waiting for 494.6 tokens emission the all believe will stop until march.treebeard
Where did March come from? The 494.6 is a misreading of the binance announcement but I don't see March anywhere
BingChilling
Then they can wait when march we need top buyer for exit liquidity
80 % of people on binance waiting for 494.6 tokens emission the all believe will stop until march.
Mowgli
true, i think there's a misunderstanding here, and most people think that issuing new tokens prevents the price from reaching a new ATH. personally, i believe in this project and i'm aware that the money invested can be lost, so i'm not complaining, i'm just asking questions. in any case, thanks to your team for being responsive to our questions.
RedKrow
So u don't see all the comments that token reach and limita and go to the moon.
I.m just saying what will happen when tokens will reach the amount written on binance. Massive sell due to misunderstanding of the messageBingChilling
It doesnt matter market will market. Is missprice happened it will correct itself.
80 % of people on binance waiting for 494.6 tokens emission the all believe will stop until march.BingChilling
Bro lmao u made up im also in binance i dont believe that lmao.
RedKrow
Pff
Altough this îs my oppinion.
I.m just saying what will happen when tokens will reach the amount written on binance. Massive sell due to misunderstanding of the message
Yeah.
Noé
lmeow
the message on binance clearly says "on 18 Dec"
Noé
Well, they don't know how to read
RedKrow
I know this but so many think that will stop
Noé
$USUAL's emission is revenue-based and disinflationary, it's always been like that, and public, since the beginning. It's not going to change: that's how the protocol works.
RedKrow
Im just saying what community expect and think
If will not stop will start another selling frenzy..
Noé
Max supply is 4B
RedKrow
80 % of people on binance waiting for 494.6 tokens emission the all believe will stop until march.
Afaik the message refers to the circulating supply at launch if all $USUAL are claimed during the airdrop, without taking into account any other emission.
le nam
So will the circulating supply stop at 494.6m?
Noé
what?
ilo00o
Not necessarily
RedKrow
What a big let down will be when emmision will not stop
JazzySt
Welcome 2025 and the renaissance of stable coins
ce message sur Binance. les gens pensent qu'il y aura une pause arrivé a ce montant. beaucoup pense que l'émission de token sera stopper jusqu'a mars arrivé à ce montant. ( je ne fais que relayé ce qu'il se dit sur le square perso je crois au projet et je renforce mes position a chaque occaz) merci de ta réponse en tout cas.ce message sur Binance. les gens pensent qu'il y aura une pause arrivé a ce montant. beaucoup pense que l'émission de token sera stopper jusqu'a mars arrivé à ce montant. ( je ne fais que relayé ce qu'il se dit sur le square perso je crois au projet et je renforce mes position a chaque occaz) merci de ta réponse en tout cas.yasiaforever81
Ugh english brother
JazzySt
Gm all and happy new year 🎆
Arjun
just a small info, i will get clarification
amio
Happy new year 😀
Mowgli
ce message sur Binance. les gens pensent qu'il y aura une pause arrivé a ce montant. beaucoup pense que l'émission de token sera stopper jusqu'a mars arrivé à ce montant. ( je ne fais que relayé ce qu'il se dit sur le square perso je crois au projet et je renforce mes position a chaque occaz) merci de ta réponse en tout cas.
JazzySt
He found a way around it hahaha
yasiaforever81
Uwc and Happy new year lol
You have usualx in your dash, when you withdraw you will see increased amount of usualamio
Oh I see thanks
Arjun
when web3galaxe rewards will be distributed