#
๐ฌใgeneral
Join the general discussion about Usual. Exchange ideas, ask questions, and share your thoughts on the underlying technology, use cases, market trends, and more. No price talks here!Page 16 of 74
Noรฉ
Your pending rewards accumulate everyday but only the ones older than seven days are claimable
Noรฉ
Yes
Gunner funk
Got no answer for this one
Gunner funk
I had this same issue.
Most frequently asked questions about $USUAL and USUALx:
1) Why supply for $USUAL is increasing everyday?
A certain amount of $USUAL is minted as users mint $USD0++. However, $USUAL becomes increasing scarce over time, meaning that as USD0++ TVL rises, the minting rate slows. This disinflationary design is deliberate, and this natural scarcity rewards early adopters and long term holders.
You can check out the minting factor of $USUAL in our dAPP website.
2) Does that mean my $USUAL will be diluted? How do I benefit from holding $USUAL?
As our protocolโs TVL increase, the value per $USUAL should also increase over-time. The best way to hold $USUAL is to stake for USUALx.
USUALx holders benefit by receiving 10% of ALL $USUAL distributions, 1/3 of system fees, and in the near future the determining rights to the DAO treasury.
3) Where is my USUALx reward? Why is the amount the same?
As USUALx autocompounds its reward - the amount of $USUAL worth of your USUALx will increase over time.
On day 1 of the release of USUALx function, 1 USUALx = 1 $USUAL. As of December 27, 1 USUALx = ~1.1 $USUAL.
As more users stake their $USUAL, the inherent value of USUALx will increase over time.
That means the amount of USUALx in your staked position will not change - but the amount of $USUAL will increase over time.
If youโre checking your USUALxโs worth via the dAPP, sometimes it will route it via the secondary market, and sometimes via the primary route (w/ 10% unstaking fee). Hence the fluctuation.
For the most accurate representation, use DeBank and monitor your USUALx position - it will indicate how much $USUAL your USUALx is worth.
4) How do I unstake? Is there always a 10% unstaking fee?
You can either unstake your USUALx back to $USUAL using the primary route, which will tax 10% of the amount of $USUAL worth in your USUALx as unstaking fee;
Or you can swap your USUALx back to $USUAL via secondary markets, such as Uniswap. Although there wonโt be a 10% unstaking fee, the exchange rate will fluctuate, therefore users will need to decide which method is in their best interest.
ELKA2ED
Here
Lord_Goldstack | CLONE
Please where are the pinned messages?
Oh I needed this (try learn about market money flow) part from you to start learning now. Thank you life saver my heroine*.
Fearrenear
Yoe are welcome bro
Dropping price of btc and BTC Dom that rising at the same time Will make alt coin bleeding more easily. Try learn about market money flowELKA2ED
Oh I needed this (try learn about market money flow) part from you to start learning now. Thank you life saver my heroine*.
RayFi
when was the maturity day for the current USD0++?
Fearrenear
Dropping price of btc and BTC Dom that rising at the same time Will make alt coin bleeding more easily. Try learn about market money flow
ELKA2ED
Yeah it might, need some strong publication for the usual token and simplified explanation of how it works/will work
ELKA2ED
While our precious USUAL is 10%- ๐ฆ
NovaByte
I hope the price will reach $2 one day ๐
axel944
Still don't understand why the price moved by 6% in 1min candle this morning lol
ELKA2ED
1.5%- Yesterday's price
Fearrenear
Look atleast at btc price
ELKA2ED
I was busy with some life matters didn't research the possible causes
Anyone know why price dropped yesterday and today?
Fearrenear
Try use debank
NovaByte
@LN123321 yeh we stil att 481
LN123321
the total supply is not fix, the circulation supply should be 496M.
Hi, whats currently the USUAL emission for USD0++ holders? And where can i follow this to track emission changes?
Mava (AI Support)
The USUAL token uses a dynamic supply-adjusted emission mechanism that adjusts daily emissions based on TVL growth, specifically USD0++ denominated TVL, and changes in interest rates of assets backing USD0. The emission rate decreases as the USD0++ supply grows. To track emission changes, you can follow updates on the Usual Money documentation or their official communication channels. Reference: 1
Mava AI BetaGary
Hi, whats currently the USUAL emission for USD0++ holders? And where can i follow this to track emission changes?
LN123321
Usualx is for staking only
MorningWood
where can i use my USUALx
I would not use the term "similar to luna". Luna didnt have any RWA, that's the main issue
Heisenberg
yes yes true, obviously it has a different system and logic, but it creates deflation in a similar way, and then in my opinion it has great potential, there is nothing similar, actually after terra luna, there has been nothing similar, now Usual has something close but I think much safer
Noรฉ
Itโs literally like that since the beginning
Or the docs
Noรฉ
No, please read the pinned message.
NovaByte
yeh but this make peopel leave usual that kil the price
Mava (AI Support)
The total supply of $USUAL is not fixed as it is a revenue-based model. The supply can vary based on the minting rate and other factors. For more details, you can refer to the Usual Money blog: Usual - Where Yield Meets Growth.
Mava AI BetaNovaByte
Hi the total suply is not supposed to be 496M why we ar at 500M any one have idea thx
barabu
I have a doubt. I bought a YT a few days ago and now I can see a SY-USD0++ staked (1.3 usd0) lol, it is a little bit more than a dolar but I didnt stake anything so I dont know how it got there.
I mean they dont like to be questioned. Yesterday USUAL was much higher when simulating unstaking as said by some other people here who got muted. And whatever you use APY or APR, it does not compute to the one shown.Noรฉ
Btw for your information, Iโve double checked maybe at least 200 calculations for people claiming โoh it doesnโt compute rightโ just like you. All rewards are correctly calculated.
So the minimum received at the end is different depending on the routing
Noรฉ
Probably because you got routed through different stuff, like primary and secondary markets
I mean they dont like to be questioned. Yesterday USUAL was much higher when simulating unstaking as said by some other people here who got muted. And whatever you use APY or APR, it does not compute to the one shown.Noรฉ
Lol. The only guy I muted in the past week was talking about scam etc, stop saying nonsense mate
Is there a reason why the APY of usualx staking is decreasing ? It was around 700% and now itโs 400%Mava (AI Support)
The APY for USUALx can decrease due to several factors such as lower revenue, governance adjustments, or a decline in the market price of $USUAL. Additionally, if a higher percentage of the supply is staked, the rewards are shared among more participants, which can dilute the APY.
Mava AI Beta
Lenon
Is there a reason why the APY of usualx staking is decreasing ? It was around 700% and now itโs 400%
@Noรฉ I noticed that Usual has a mechanism similar to Terra Luna, the more the stablecoin is used the more value the Usual token takes on, I really like this, very interesting projectSatoshiXXX
I would not use the term "similar to luna". Luna didnt have any RWA, that's the main issue
Heisenberg
@Noรฉ I noticed that Usual has a mechanism similar to Terra Luna, the more the stablecoin is used the more value the Usual token takes on, I really like this, very interesting project
LN123321
sound like a troll from the witcher lol
lol
SatoshiXXX
Can you please at least do some google translate before typing? @Payel73
SatoshiXXX
Rip grammar
Ghost
hi frens
Anyone from the team can help with this? I see my rewards in "Pending rewards", but it's not available to claim. I did deposit 8 days ago, so I have to have opportunity to claim rewards at least for 1 day. Correct?Mava (AI Support)
Yes, for USD0++ positions, rewards accumulate daily and there is a 7-day period before you can claim them. Since you deposited 8 days ago, you should be able to claim your rewards now.
Mava AI BetaAnyone from the team can help with this? I see my rewards in "Pending rewards", but it's not available to claim. I did deposit 8 days ago, so I have to have opportunity to claim rewards at least for 1 day. Correct?
Usual
cepdy4ek
Anyone from the team can help with this? I see my rewards in "Pending rewards", but it's not available to claim. I did deposit 8 days ago, so I have to have opportunity to claim rewards at least for 1 day. Correct?
cepdy4ek
It has already been 8 days, and the rewards are still not available for claiming.
ilo00o
Either way Iโm here for the long run, i just want to understand to the best of my abilities so i can maximize profit
Okay thank you very much, I appreciate the heads up
Nez
I mean they dont like to be questioned. Yesterday USUAL was much higher when simulating unstaking as said by some other people here who got muted. And whatever you use APY or APR, it does not compute to the one shown.
ilo00o
Iโm not trying to get banned or cause trouble, Iโm just trying to understand better
?
Hola, so from what I understand, the production of usual is based on the market price and activityNez
Careful you will get banned
Mava (AI Support)
Hi, rewards are typically distributed at the end of each cycle, which is 24 hours. If you are unable to claim your rewards, it might be due to a pending rewards cooldown period. You may need to wait 7 days before being able to claim them. If the issue persists beyond this period, please ensure your wallet is properly connected and try clearing your cache or cookies.
Mava AI Beta
cepdy4ek
hi, I deposited money in pool 19 Dec, 8 days ago, but I still can't claim any rewards. why?
Noรฉ
Doesnโt make sense to display APR only tho since USUALx auto compounds
Noรฉ
On the simulator, we display both. Daily rewards are calculated using the APR and yearly ones using APY.
Hola, so from what I understand, the production of usual is based on the market price and activity
621936
so time dapp dont show 10%fee
SY
How about displaying Apr instead of apy or both of them.
ilo00o
Is that due to the price fluctuations on spot and will it go back up?
Like yesterday
So now that Iโm seeing 916 usual when I got go unstake instead of 1007
Hola, so from what I understand, the production of usual is based on the market price and activity
Noรฉ
Btw all of this is explained in the pinned messages and troubleshooting channel
621936
this one yesterday it was 14950 . without 10% fee lol
But you canโt come here talking about scam and whatever
Weโre happy to explain stuff here
Noรฉ
Alright get your mute and go take some math class, you canโt just come here saying nonsense and trash talking like that when youโre actually just factually wrong
he get already 450 free usual . but he forget to calculate 10% fee in total amount after unstakeUnknownOG
12/27/2024 at 09:04:25 ESTLmao where did I get 450 usual
I am literally on your website. Unstaking after fees now 13 580 USUAL. I deposited 14.5k USUAL 9 days ago. You guys are worse than first grade
621936
he get already 450 free usual . but he forget to calculate 10% fee in total amount after unstake
Noรฉ
DeFi OG, since 2017, when DeFi didnโt exist
SY
Wy cycle is delayed over 1 hour?
Noรฉ
Yeah because rewards didnโt compensate for the fees yet in your case? Lmao
Noรฉ
Iโve probably calculated by hand 300 positions until today, every time, rewards were correct
UnknownOG
12/27/2024 at 09:02:54 ESTNegative yield after fees. Makes sense.
Yeah super right minus APR
Noรฉ
Yeah so itโs right
UnknownOG
12/27/2024 at 09:02:19 ESTOh yeah bad at math should be -300% APR sorry about that
Bro is dividing an APY
Noรฉ
Lmfao, you should learn about math before coming here to FUD
Aurelou
You are just bad in math lmao. APY != APR
621936
apy not apr .
Iโm a day 1 staker. When I simulate UsualX withdrawal, it shows about 10% more than my initial stake. This is great obviously but itโs also more than I expected at this point. Just coming on here to say that and see if maybe itโs a glitchUnknownOG
12/27/2024 at 09:01:38 ESTNo glitch, just some hidden IL or something
staking is for long term not for days . lol and yes u have to pay 10% fee for unstake . u can see it as long term for ppl who can hold and not checking eveyday how much they getSchlitz
Iโm a day 1 staker. When I simulate UsualX withdrawal, it shows about 10% more than my initial stake. This is great obviously but itโs also more than I expected at this point. Just coming on here to say that and see if maybe itโs a glitch
621936
staking is for long term not for days . lol and yes u have to pay 10% fee for unstake . u can see it as long term for ppl who can hold and not checking eveyday how much they get
UnknownOG
12/27/2024 at 09:00:02 ESTStaked 14.5k USUAL, if I unstake now after fees get 13 580 after 9 days lmao Somehow yesterday was 14 950 after fees. Nothing makes sense
This USUAL staking is complete scam. Going to unstake and move forward. 9 days staking with crazy APY. If I unstake I get 8% less USUAL than I staked lmao what a farce.
Arav .xD
arb chain wen ?
the average vault smart contract shifts capital away that put into vault to create extra yield. distributes a fraction of the token pool to do other things while keeping a reserve of tokens for users who want to withdraw their fund. is usualx definitely not doing this? I understand that gets yield through two ways, emissions and system fees but there def nothing else doing?Mava (AI Support)
UsualX, as part of the Usual protocol, primarily generates yield through emissions and system fees. The protocol is designed to ensure fair and efficient token distribution, with emissions allocated to on-chain vaults like UsualX. While the documentation does not explicitly state that UsualX shifts capital away to create extra yield, it focuses on emissions and system fees as the main sources of yield. For more detailed information, you may want to refer to the specific documentation or governance discussions related to UsualX. Reference: 1
Mava AI Betanaelis
the average vault smart contract shifts capital away that put into vault to create extra yield. distributes a fraction of the token pool to do other things while keeping a reserve of tokens for users who want to withdraw their fund. is usualx definitely not doing this? I understand that gets yield through two ways, emissions and system fees but there def nothing else doing?
Mava (AI Support)
Yes, you can swap USD0 to USDC through the secondary market, such as DEXes like Curve, as long as there is sufficient liquidity. However, if there is not enough liquidity, the swap might be routed through the primary market.
Mava AI Beta
gintruxx
will I be able to swap USD0 to USDC as well without limitation?
Noรฉ
Q1 probably
gintruxx
when is it going to be implemented?
Noรฉ
Anyway youโve always been able to swap
Noรฉ
Because early redemption mechanism hasnโt been implemented yet boss
gintruxx
why can I do that if it's supposed to be locked?
Noรฉ
USD0++ but you can freely redeem it or swap it rn
gintruxx
wait I forgot... which has the 4y lock period: usd0 or usd0++?
Noรฉ
I swear Iโm muting each and every person asking about Galxe without reading the pinned messages or doing a basic search on discord
richardmud
12/27/2024 at 08:34:09 ESTwhen reward galx sir
Noรฉ
Just go to the unstake page
gintruxx
but no panel available to execute that?
Noรฉ
And thereโs no minimum
But fyi itโs maximum 6 months of rewards
You can freely redeem rn
Noรฉ
Well thatโs true
gintruxx
@Noรฉ bruh
Hi, where can I find panel that allows to redeem USD0++ to USD0 now by burning USUAL tokens? I want to see how many would need to be burned.Mava (AI Support)
Currently, the feature to burn USUAL tokens to redeem USD0++ for USD0 through the 'Early Redemption Mechanism' is not live. Therefore, there is no panel available for this process at the moment.
Mava AI Betagintruxx
Hi, where can I find panel that allows to redeem USD0++ to USD0 now by burning USUAL tokens? I want to see how many would need to be burned.
621936
u have to ask in galaxe dc . they airdrop from them already team give them amount . so the team cant do anything . go to their dc and complain since the token are with galax team cheers
Payel73
12/27/2024 at 08:17:42 EST1 week over but no update galax user ?
Mava (AI Support)
All Galxe participants, including those from Filecoin, will enjoy a 1:1 XP-to-Pills conversion rate for the upcoming airdrop. The specific timing for when Galxe pills will be counted hasn't been detailed, but they will be part of the airdrop process.
Mava AI BetaPayel73
12/27/2024 at 08:17:15 ESTgalax from fil users any airdrop update?
Serenade | (๐บ,๐ด )
is usual live on arbitrum already?
Finfin
Excellente thanks
Finfin
Ok thanks, and the 10% is calculated as an amount of the usual tokens staked upon unstaking?
Hello, sorry if this has been asked before. Is there a period after the tokens are staked, say 6 months, during which one does not have to forfeit the 10% when unstaking?Finfin
Hello, sorry if this has been asked before. Is there a period after the tokens are staked, say 6 months, during which one does not have to forfeit the 10% when unstaking?
Mr. Lin
Gunner funk
Anyone got debank link
Noรฉ
What if we transfer the USDO++ to another wallet during the verification period. How the the verification start on the receiving walletNoรฉ
It starts when you did the transfer
Gunner funk
What if we transfer the USDO++ to another wallet during the verification period. How the the verification start on the receiving wallet
SATISH
So basically swap rate will increase over time ?Today.88 tomorrow it might be near .8
Mr. Lin
we'll investigate
open up a ticket
Mr. Lin
if you need help
Noรฉ
Youโll have to wait for the end of the current cycle in order for these stuff to be displayed
Gunner funk
2 hours before the post
or you can use dune and do your own estimations but it's unwise to pick a certain sentence in a blog and use it as the bible lol
Emil
12/27/2024 at 07:31:23 EST420 apy from site - real apy? just approximately.
Mr. Lin
the APY shown on our dAPP website should be used as the reference point
just different sets of parameters when our team made a conservative estimation
Mr. Lin
there's no issue
Mr. Lin
zzz
Noรฉ
The blog article is theoretical tho
Mr. Lin
Emil
12/27/2024 at 07:25:33 ESTread docs, game theory
Mr. Lin
apy =/= apr
Mr. Lin
what do you mean by "must get 100% apy"
Mava (AI Support)
The APY displayed on the site is live and can fluctuate based on various factors, including the percentage of the supply staked. If the APY seems unusually high, it might be due to the way rewards are distributed among stakers. However, if you suspect an issue with the UI, it might be worth reporting it for further investigation.
Mava AI BetaEmil
12/27/2024 at 07:24:48 ESTwhat is actual apy? because of 27 % staked, we must get 100 % apy(a little bit lower), but on site showing 420 %. Is just issue with ui?
Mava (AI Support)
The Usual protocol allows users to swap USDC for USD0, which can then be staked to earn more USD0 (called USD0++). However, there is no direct mention of swapping USDE to USD0++ in the documentation. You might need to first convert USDE to USDC or USD0 before proceeding to USD0++. Reference: 1
Mava AI Beta
CryCasher
usual.money swap system supporting USDE TO - usd0++ ? @Mava (AI Support)
Tell me when the % Rewards started on the site.
7 days have passed and the amount on the website has not changed, only in the debank.Mr. Lin
https://discord.com/channels/1106588534871179280/1107144153076347022/1322099615637442652
Kirillโ
Tell me when the % Rewards started on the site. 7 days have passed and the amount on the website has not changed, only in the debank.
Mava (AI Support)
USUALx is the staked version of USUAL, offering governance participation, economic rights, and compounding rewards. Stakers benefit from 10% of all USUAL distributions and 33.33% of system fees, ensuring consistent value flow.
Mava AI BetaMr. Lin
Mr. Lin
ngmi
Fernando Bu
12/27/2024 at 07:10:32 ESTWhat is the utolity of USUALx?
Kreatoruss
No
Mr. Lin
yall really dont read pinned messages OR troubleshooting OR my new thread on usualx
Noรฉ
Thatโs normal, check # ๐คใtroubleshooting
Noรฉ
USUALx or USDO++
Kreatoruss
I started staking 18th and i still cant see cycle or anything
Noรฉ
app.usual.money
After staking USDO for USDO++ I see no next cycle timer countdown. Pending rewards is shown as 0. I know there is a verification period of 7 days. Shouldn't my pending regwards shown regardless? Also the timer countdownNoรฉ
Gm, when did you start to stake those USD0
Fernando Bu
12/27/2024 at 07:05:40 ESTWhat is the link
Mr. Lin
A comprehensive thread on USUALx - everything you need to know
Gunner funk
After staking USDO for USDO++ I see no next cycle timer countdown. Pending rewards is shown as 0. I know there is a verification period of 7 days. Shouldn't my pending regwards shown regardless? Also the timer countdown
Mr. Lin
https://vxtwitter.com/Usual_Intern/status/1872613347461587275
Fernando Bu
12/27/2024 at 07:02:06 ESTWhere can I stake my usual and what is the lock period?
Mava (AI Support)
To view your rewards from staking USUAL into USUALx, you need to 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 BetaKreatoruss
Staking since day one, and i still cant see the rewards ?
Noรฉ
(check pinned messages)
Don't look at the swap rate, just look at you're "Min Received" amount or Debank
I have staked 5000 usual to get 4691 usualx at. 93 swap rate since 6 days ago.Today I get 5250 usual at .88 swap rate which is 5percent increase in price .Assuming average apy of 500 which is 6-8 percent why I didnโt receiveNoรฉ
wdym sir? You're overthinking it imho
I have staked 5000 usual to get 4691 usualx at. 93 swap rate since 6 days ago.Today I get 5250 usual at .88 swap rate which is 5percent increase in price .Assuming average apy of 500 which is 6-8 percent why I didnโt receiveMava (AI Support)
The difference in the swap rate between USUAL and USUALx is due to the nature of USUALx acting like a vault-share, which is proportional to your share of the rewards. The APY reflects the annualized yield, and daily fluctuations in the swap rate can occur due to market conditions and the distribution of rewards. The APY is calculated over a year, so short-term changes might not reflect the expected annual yield.
Mava AI BetaSATISH
I have staked 5000 usual to get 4691 usualx at. 93 swap rate since 6 days ago.Today I get 5250 usual at .88 swap rate which is 5percent increase in price .Assuming average apy of 500 which is 6-8 percent why I didnโt receive
It's been about two days since I bought ytusd0++, but I haven't seen any profit yet, is there anything wrong with this?Mava (AI Support)
When you buy YT USD0++, the yield is generated based on the USD0++ yield. However, the rewards are typically reflected at the end of each cycle. If you haven't seen any profit yet, it might be because the current cycle hasn't ended. Please wait for the cycle to complete, and you should see the rewards reflected.
Mava AI BetaJack
It's been about two days since I bought ytusd0++, but I haven't seen any profit yet, is there anything wrong with this?
imemyself ๐คก
any news or updates here?
Jack
Where can I see the earnings of ytusd0++?
Lucky Boy
Shorting usual is like a gift that keeps on giving this is like frc but on crypto
Gunner funk
Do I need to stake USDO++ for the yield?
Gunner funk
Will I get the rewards if I buy USD0++ from secondary market?
Mava (AI Support)
The protocol profit for Usual comes from the revenue generated by the protocol's activities, primarily through the use of its stablecoin USD0, which is backed by Real-World Assets (RWAs) like U.S. Treasury bills. The revenue is then distributed to the community via governance tokens, with 100% of the protocolโs revenues flowing into the treasury and 90% of the ownership of these revenues distributed to the community. Reference: 1
Mava AI Beta
l1i1l1i
Where does protocol profit come from?
Mava (AI Support)
When you stake USUAL into USUALx, your rewards accrue and autocompound. You can see them when trying to unstake. Note that they do not show up under the classic 'Pending Rewards', as opposed to USD0++ rewards.
Mava AI Beta
aryasha64
When airdrop for galxr participants?
Mava (AI Support)
Your order is probably routed through a secondary market pool. This is swapping, not unstaking, so there's indeed no unstaking fee from the protocol. However, it could be priced in the conversion rate by the secondary market itself. Since this pool isn't supported by Usual, there could also be an error when trying to do that, lack of liquidity, etc.
Mava AI Beta
xdevman
Why unstaking fee is 0 ?
l1i1l1i
l1i1l1i
How is the interest and profit generated from RWA utilized?
@Mava (AI Support) Please help me understand the advantages of staking over selling the $ received by holding USD0++Mava (AI Support)
Staking USD0++ allows you to earn rewards in the form of USUAL tokens. By staking, you can benefit from the yield generated by the protocol, which can be more profitable in the long term compared to selling immediately. Staking encourages long-term holding and engagement with the ecosystem, potentially increasing your overall returns. References: 1
Mava AI Beta@Mava (AI Support) Please help me understand the advantages of staking over selling the $ received by holding USD0++Usual
l1i1l1i
@Mava (AI Support) Please help me understand the advantages of staking over selling the $ received by holding USD0++
@Mava (AI Support)
If I hold $USD0++, you are rewarded with $USUAL. Doesn't that just drive inflation of the $USUAL token, regardless of the REAL MONEY (dollars) generated by US short-term bonds?Mava (AI Support)
Holding USD0++ does reward you with $USUAL, but the protocol has mechanisms to manage inflation. The $USUAL token is backed by the protocol's revenue and has a disinflationary mechanism. As the Total Value Locked (TVL) and revenue grow, less $USUAL is minted for each dollar of revenue, which helps control inflation.
Mava AI Betal1i1l1i
@Mava (AI Support) If I hold $USD0++, you are rewarded with $USUAL. Doesn't that just drive inflation of the $USUAL token, regardless of the REAL MONEY (dollars) generated by US short-term bonds?
l1i1l1i
@Mava (AI Support)
Lkirin
Hi
l1i1l1i
Doesn't the interest from U.S. short-term bonds go to the community?
mixologist๐ชค
12/27/2024 at 05:54:49 ESThi send a dm
Mava (AI Support)
The interest from U.S. short-term bonds is used to offset any temporary undercollateralization that might occur due to fluctuations in interest rates. This helps maintain the stability and value of the USD0 stablecoin. Reference: 1
Mava AI Betal1i1l1i
How is the interest from U.S. short-term bonds utilized?
Mava (AI Support)
The unlocking of USUAL tokens is structured around specific events and conditions. For instance, the circulating supply at the spot listing was estimated to be around 12.37% at 494,600,000 tokens. Additionally, 10% of the token supply is reserved for insiders and is cliffed for one year. The unlocking schedule is designed to ensure a gradual release of tokens to maintain market stability.
Mava AI Beta
Zugor
Are there any timeline or schedule for USUAL coin unlocking to the Supply?
Mava (AI Support)
USD0 tokens can be minted in two ways: 1. Direct Mint: Deposit an eligible Real-World Asset (RWA) into the protocol to receive an equivalent amount of USD0 on a 1:1 basis. 2. Indirect Mint: Deposit USDC into the protocol to receive USD0 on a 1:1 basis. In this method, a third party known as the Collateral Provider (CP) supplies the necessary RWA collateral, enabling users to obtain USD0 without directly holding RWAs. References: 1,2
Mava AI Betal1i1l1i
How to mint USD0?
Lkirin
Hi
lumitor
Ok, good to know! ๐ I will share it directly to my friends. Can docs please be updated?
Olivinvest
๐
Noรฉ
There is no more referral, the bot is outdated on that
Olivinvest
screenshot please, i do not find it. @Noรฉ
Olivinvest
Link for referral ? i do not find it on my dashboard
Olivinvest
i'm sorry but i do not find my referral link. Have you got the URL ?
Mava (AI Support)
Yes, Usual has a Referral Program. You can connect to the dApp and retrieve your referral link from the Hall Page or the Drugstore. By sharing this link and referring a friend, you can earn a 10% bonus of all your referees' pills. Reference: 1
Mava AI Beta
Olivinvest
Tks for reply. So i just have to stake it and wait for 6 months (and maybe have big ?)
Noรฉ
BIG isn't activated yet
Olivinvest
How can i lock my USD0++ 6 months to have BIG ?
That's weird.. you can maybe try to remove access for metamask for app.usual.money. If you try to open app in anonymous window, does it show you pallete with wallet options?Olivinvest
i find the solution. When to want to sign a transaction, you have to connect your Ledger through WebHID
Mava (AI Support)
Usual operates on multiple chains, including Ethereum and is expanding to Layer 2 networks like Arbitrum and Optimism. Usual aims to achieve cross-chain compatibility, allowing seamless use of its stablecoin USD0 and other products across major EVM-compatible chains.
Mava AI BetaRayFi
which chain does Usual operate?
Olivinvest
really ? so i sent my usdc to do that. So i have to send again (with some fees) my USDC on a dex or cex and buy some USUAL...
Olivinvest
Impossible to swap USDC (Ethereum) to USUAL ?
Usual
That's weird.. you can maybe try to remove access for metamask for app.usual.money. If you try to open app in anonymous window, does it show you pallete with wallet options?Olivinvest
yes i gonna try it. I just don't understand why USUAL Team do not help..
how do I do this? because when I swap, for example, it automatically opens Metamask. How do I get it to ask me for wallet connector+LL access?@Usual team i'm sorry but you do not help me. It's simple, why i can't sign my transaction with my Ledger ? blinding sign ONUsual
Olivinvest
@Usual team i'm sorry but you do not help me. It's simple, why i can't sign my transaction with my Ledger ? blinding sign ON
how do I do this? because when I swap, for example, it automatically opens Metamask. How do I get it to ask me for wallet connector+LL access?Usual
Yeah, I had same trouble with Metamask. Only swap, but not staking was possible. It ended with timeout. Are you able to connect via WalletConnect + LedgerLive?Olivinvest
how do I do this? because when I swap, for example, it automatically opens Metamask. How do I get it to ask me for wallet connector+LL access?
lumitor
Yeah, I had same trouble with Metamask. Only swap, but not staking was possible. It ended with timeout. Are you able to connect via WalletConnect + LedgerLive?
Olivinvest
i have also a problem, impossible to sign the transaction
lumitor
Can someone please send me link to hall or drugstore?
lumitor
I had problem with Metamask, but WalletConnect through Ledger Live worked.
Mava (AI Support)
To use Metamask instead of Phantom wallet on Usual dApps, you need to ensure that Metamask is installed and set as your default wallet in your browser. When accessing Usual dApps, select Metamask as your wallet option if prompted. Metamask is compatible with Ethereum-based dApps, which Usual operates on.
Mava AI BetaOlivinvest
how to choose Metamask and not Phantom wallet on usual dapps ?
Olivinvest
Good thing I rephrased my question...
Is it the same thing to send USDC on Arbitrum or Ethereum Network and swap to USD0 or USUAL ?Mava (AI Support)
No, it's not the same. To swap USDC for USD0 on the Usual dApp, you need to have USDC on the Ethereum network. While USD0 and USD0++ tokens are deployed on Arbitrum, the 'mint' function is not available on Arbitrum yet. You can, however, swap on the secondary market on Arbitrum.
Mava AI BetaOlivinvest
Is it the same thing to send USDC on Arbitrum or Ethereum Network and swap to USD0 or USUAL ?
Hello guys, is it still possible to make referral link somewhere? Docs approves, that it is possible, but I am unable to find it in app.Mava (AI Support)
To create a referral link, you need to connect to the dApp and retrieve your referral link from the Hall Page or the Drugstore. If you're having trouble finding it, please ensure you're on the correct page within the app. Reference: 1
Mava AI Betalumitor
Hello guys, is it still possible to make referral link somewhere? Docs approves, that it is possible, but I am unable to find it in app.
Olivinvest
something wrong with Arbitrum ?
KARTPAR
What about USUAL rewards?
Olivinvest
Arbitrum is available on Usual Dapps ?
KARTPAR
During the 7 day verification period, will i receive my rewards for 7 days?
Mava (AI Support)
Yes, there are several upcoming events related to USD0++. Usual is preparing for significant integrations with key ecosystem partners to enhance USD0's use case and adoption. Additionally, USD0 is set to achieve cross-chain compatibility by early October 2024, allowing seamless use of USD0, USD0++, and $USUAL across major EVM-compatible chains. Official listings for USD0 on major platforms will be announced in November 2024.
Mava AI Beta
Phoenix
are there any upcoming important events regarding USD0++ ?
Harshu
G
Mava (AI Support)
The USUAL token uses a dynamic supply-adjusted emission mechanism that adjusts daily emissions based on TVL growth and interest rates. The emission rate fluctuates and is capped to prevent excessive emissions, ensuring that inflation does not lead to dilution. The specific number of tokens distributed as incentives is not fixed and depends on these factors. Reference: 1
Mava AI BetaRayFi
For Usual emission, how often, and how many will distrubite as incentive?
Mava, you are a good AI, very helpful.
Mava (AI Support)
After the TGE in November 2024, holding YTs will not generate Pills anymore as the Pills Campaign will have ended. Instead, you will receive the native USD0++ yield paid in $USUAL tokens.
Mava AI BetaRayFi
does Pill still valid after TGE in Nov 2024?
currently, any boosting mechanism available to increase APY by holding USD0++ or Curve USD0/USD0++ LP?Mava (AI Support)
Yes, holding USD0++ or providing liquidity in the USD0/USD0++ Curve pool can earn you $USUAL rewards, which effectively boosts your APY. Additionally, holding USD0++ on Arbitrum can earn you x3 Pills, further enhancing your returns.
Mava AI BetaRayFi
currently, any boosting mechanism available to increase APY by holding USD0++ or Curve USD0/USD0++ LP?
RayFi
currently, any boosting mechanism available to increase APY by holding USD0++ or Curve USD0/USD0++ LP?
I heard there are boosting mechanism before TGE, like YT pendle etc. Does these boosting still valid now? Or purely based on the holding volumn of USD0++ or Curve LP?Mava (AI Support)
Before the TGE, there was a boosting mechanism for YT-USD0++ on Pendle. If you bought YT-USD0++ on Pendle before TGE, you would get the maximum Final Boost. It's advisable to have a small amount of USD0++ in your wallet to maintain your Final Boost/Multiplier. However, after TGE, the yield is directly in $USUAL, and the boosting mechanism may not be the same as before. It is important to check the latest updates from Usual for any changes in the boosting mechanism.
Mava AI BetaRayFi
I heard there are boosting mechanism before TGE, like YT pendle etc. Does these boosting still valid now? Or purely based on the holding volumn of USD0++ or Curve LP?
Noรฉ
# ๐คใtroubleshooting sir
Tyko
Sir why my usualx isnt gaining any reward?
Noรฉ
you can swap at anytime
Also, you're not really locked
Noรฉ
# ๐ใofficial-links sir
RayFi
Any documents give more details?
if so, how long will this incentive continue, any commitment from Usual team? Since to join the party means 4 years lock, please parden my cautions.Mava (AI Support)
The $USUAL distribution is a fundamental part of how the protocol operates and is not considered an incentive that will end. The rewards for USD0++ holders are ongoing, as yield is paid in $USUAL, which is a revenue-based token. The Usual team is committed to maintaining this structure as part of the protocol's design.
Mava AI BetaRayFi
if so, how long will this incentive continue, any commitment from Usual team? Since to join the party means 4 years lock, please parden my cautions.
hello Guys, I am new to Usual. Wondering where does this ~60% APY of USD0++ come from. Is it come majorly from Usual token incenvtive release? Since the US bond only 4% insterests, not even clost to this 60% APY.Mava (AI Support)
The ~60% APY for USD0++ is a live APY, not a forecasted one. It is calculated based on emissions, as $USUAL is revenue-based, and on the pre-market price. The high APY is not solely from U.S. Treasury bills but also includes incentives from the $USUAL token.
Mava AI BetaRayFi
hello Guys, I am new to Usual. Wondering where does this ~60% APY of USD0++ come from. Is it come majorly from Usual token incenvtive release? Since the US bond only 4% insterests, not even clost to this 60% APY.
mcfly2000
claim rewards is not working now?
Noรฉ
Treasury address, here: https://docs.usual.money/resources-and-ecosystem/smart-contracts
audiiisss๐ฆ๐
how can I check US T-bills that DAO hold?
Noรฉ
# ๐งใspeculation
Lucky Boy
My analysis is around 2.5b tokens released on token supply we moon. But i could be wrong.
Safar
What do you expect the currency price to rise or continue to fall?
Lucky Boy
Sorry
Lucky Boy
Sorry
Lucky Boy
Yes bgb is like bnb on steroids all coin get shorted and goes to bgb
Noรฉ
Gm Gm, plz don't spam the bot 
basedscarf
:/
basedscarf
bot has feelings too
Mr. Lin
got it
so bgb is the new meme season
Lucky Boy
Now it absorbs all the cash from all coins
Bgb only has 2b supply and used for farming like bnb. And not much people doing futures
All the crypto markets money was absorbed by bgb
i0sm3
Doesnโt feel right
Lucky Boy
Lol
Mr. Lin
ser you need to stop being so harsh to mava
Lucky Boy
Bad very bad bot
Lucky Boy
@Mava (AI Support) can you you find the price for me?
Lucky Boy
@Mava (AI Support) where can i find the price of usual token?
Where can i find the price usual token?
Lucky Boy
@Mava (AI Support) current price of usual token can be taken from the usual.money dapp
Mr. Lin
https://discord.com/channels/1106588534871179280/1107144153076347022/1322099615637442652
Do I have to wait 7 days if I move usual x to another account? Can I get staking rewards right away?Mr. Lin
read pinned message
Lucky Boy
Bad bot
Lucky Boy
@Mava (AI Support) generate image of a happy bunny
Good bot
Lucky Boy
@Mava (AI Support) what is 1 + 1?
what is 1 + 1?
Bevis
How to mint USD0++
Lucky Boy
@Mava (AI Support) what is 1 + 3?
Do I have to wait 7 days if I move usual x to another account? Can I get staking rewards right away?Mava (AI Support)
When you move USUALx to another account, the rewards are auto-compounded into your USUALx position, so you do not have to wait 7 days. You can get staking rewards right away as they are automatically added to your position.
Mava AI BetaAoa
Do I have to wait 7 days if I move usual x to another account? Can I get staking rewards right away?
Lucky Boy
@Mava (AI Support) current USUAL token price?
Lucky Boy
@Mava (AI Support) current cpi of US
Mava (AI Support)
If you are staking USUAL into USUALx, the rewards are reflected directly in the value of your USUALx, not as 'Pending Rewards'. You can see your accumulated rewards when you try to unstake. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle under 'Pending Rewards'. If you are not seeing any rewards, please ensure your wallet is connected properly and try clearing your cache or reconnecting your wallet.
Mava AI BetaAoa
It's been more than 7 days since I've been staking it, so why isn't the reward coming in?
Mr. Lin
However the function of USUAL* is largely similar to USUALx
Mr. Lin
USUAL* is irrelevant for most people
Most frequently asked questions about $USUAL and USUALx:
1) Why supply for $USUAL is increasing everyday?
A certain amount of $USUAL is minted as users mint $USD0++. However, $USUAL becomes increasing scarce over time, meaning that as USD0++ TVL rises, the minting rate slows. This disinflationary design is deliberate, and this natural scarcity rewards early adopters and long term holders.
You can check out the minting factor of $USUAL in our dAPP website.
2) Does that mean my $USUAL will be diluted? How do I benefit from holding $USUAL?
As our protocolโs TVL increase, the value per $USUAL should also increase over-time. The best way to hold $USUAL is to stake for USUALx.
USUALx holders benefit by receiving 10% of ALL $USUAL distributions, 1/3 of system fees, and in the near future the determining rights to the DAO treasury.
3) Where is my USUALx reward? Why is the amount the same?
As USUALx autocompounds its reward - the amount of $USUAL worth of your USUALx will increase over time.
On day 1 of the release of USUALx function, 1 USUALx = 1 $USUAL. As of December 27, 1 USUALx = ~1.1 $USUAL.
As more users stake their $USUAL, the inherent value of USUALx will increase over time.
That means the amount of USUALx in your staked position will not change - but the amount of $USUAL will increase over time.
If youโre checking your USUALxโs worth via the dAPP, sometimes it will route it via the secondary market, and sometimes via the primary route (w/ 10% unstaking fee). Hence the fluctuation.
For the most accurate representation, use DeBank and monitor your USUALx position - it will indicate how much $USUAL your USUALx is worth.
4) How do I unstake? Is there always a 10% unstaking fee?
You can either unstake your USUALx back to $USUAL using the primary route, which will tax 10% of the amount of $USUAL worth in your USUALx as unstaking fee;
Or you can swap your USUALx back to $USUAL via secondary markets, such as Uniswap. Although there wonโt be a 10% unstaking fee, the exchange rate will fluctuate, therefore users will need to decide which method is in their best interest.
101
Based on this it seems USUALx and USUAL* (star) are the same thing
Lucky Boy
Bad bot
Lucky Boy
@Mava (AI Support) wallstreetbets bot can do better than you
Bad bot
Lucky Boy
@Mava (AI Support) fetch current usualx staking yield?
Lorenzo
python
Mava (AI Support)
The syntax "x = (y) => {return y}" is from JavaScript. It is an example of an arrow function, which is a concise way to write functions in JavaScript. Arrow functions allow for a shorter syntax compared to traditional function expressions.
Mava AI BetaLucky Boy
@Mava (AI Support) what is the language "x = (y) ==> {return y}" ?
LN123321
lol
Lucky Boy
Lol
Lorenzo
lol
Lucky Boy
Good bot
Lucky Boy
@Mava (AI Support) what is 1 +1?
Lucky Boy
@Mava (AI Support) bad bot
Lucky Boy
@Mava (AI Support) can you be trained?
Lucky Boy
@Mava (AI Support) this result is inaccurate bad bot
Lucky Boy
@Mava (AI Support) current apy yield for usual
Current apy yield for staking usual
Bad bot no thanks
Lucky Boy
@Mava (AI Support) give atleast 1 dex where usd0 is available for purchase
Lucky Boy
@Mava (AI Support) specific list of dex
Mava (AI Support)
USD0 tokens can be purchased on the secondary market, initially available on decentralized exchanges (DEXs) and soon to be listed on centralized exchanges (CEXs). Specific DEXs are not listed in the documentation. Reference: 1
Mava AI BetaLucky Boy
List all dex where usd0 is available
Mr. Lin
pinned a message to this channel.
12/27/2024 at 02:12:00 ESTMr. Lin
Most frequently asked questions about $USUAL and USUALx: 1) Why supply for $USUAL is increasing everyday? A certain amount of $USUAL is minted as users mint $USD0++. However, $USUAL becomes increasing scarce over time, meaning that as USD0++ TVL rises, the minting rate slows. This disinflationary design is deliberate, and this natural scarcity rewards early adopters and long term holders. You can check out the minting factor of $USUAL in our dAPP website. 2) Does that mean my $USUAL will be diluted? How do I benefit from holding $USUAL? As our protocolโs TVL increase, the value per $USUAL should also increase over-time. The best way to hold $USUAL is to stake for USUALx. USUALx holders benefit by receiving 10% of ALL $USUAL distributions, 1/3 of system fees, and in the near future the determining rights to the DAO treasury. 3) Where is my USUALx reward? Why is the amount the same? As USUALx autocompounds its reward - the amount of $USUAL worth of your USUALx will increase over time. On day 1 of the release of USUALx function, 1 USUALx = 1 $USUAL. As of December 27, 1 USUALx = ~1.1 $USUAL. As more users stake their $USUAL, the inherent value of USUALx will increase over time. That means the amount of USUALx in your staked position will not change - but the amount of $USUAL will increase over time. If youโre checking your USUALxโs worth via the dAPP, sometimes it will route it via the secondary market, and sometimes via the primary route (w/ 10% unstaking fee). Hence the fluctuation. For the most accurate representation, use DeBank and monitor your USUALx position - it will indicate how much $USUAL your USUALx is worth. 4) How do I unstake? Is there always a 10% unstaking fee? You can either unstake your USUALx back to $USUAL using the primary route, which will tax 10% of the amount of $USUAL worth in your USUALx as unstaking fee; Or you can swap your USUALx back to $USUAL via secondary markets, such as Uniswap. Although there wonโt be a 10% unstaking fee, the exchange rate will fluctuate, therefore users will need to decide which method is in their best interest.
Mava (AI Support)
USD0 tokens peuvent รชtre achetรฉs sur le marchรฉ secondaire, initialement disponibles sur des รฉchanges dรฉcentralisรฉs (DEXs). Cependant, la documentation ne prรฉcise pas quels DEXs spรฉcifiques listent actuellement USD0. Reference: 1
Mava AI Beta
ptitspapiers
Quelles DEXs actuellement liste ustd0?
LN123321
any plan for Usd0 to exchange on binance ?
Lucky Boy
Do you have a timeframe?
Lucky Boy
@Mava (AI Support) when will usd0 available in exchanges?
When will usd0 be available in exchanges?
Lucky Boy
Good bot thanks
Mava (AI Support)
You can find information about the backing of USD0 on the Usual documentation page here: USD0 RWA Collateral. Additionally, you can view the live backing on Etherscan at this address: [Etherscan USD0 Backing](https://etherscan.io/address/[redacted wallet address]). References: 1,[2](https://etherscan.io/address/[redacted wallet address])
Mava AI BetaLucky Boy
Where can i find info for backing of usd0?
Hello, when I try to swap usual to usualx and stake it via MetaMask, it does not work. I can confirm only swap and then it fails on timeout when I want to confirm stake. Can someone help me please? ๐Usual
lumitor
Hello, when I try to swap usual to usualx and stake it via MetaMask, it does not work. I can confirm only swap and then it fails on timeout when I want to confirm stake. Can someone help me please? ๐
Vagabond99
Then why usd0 is not available on binance?
Lucky Boy
Yeah but what is the primary driving factor for it there are only a few wallet who sold with 50m
Vagabond99
Then why usd0 is not available on binance?
moonshotcat
what's the current apy?
LOST
12/27/2024 at 01:44:52 ESTThe second day it pumps to 3 dollars
Pretty normal for a crypto to fall
Lucky Boy
@BingChilling 50m is gone from the marketcap i think someone just pulled out
Mava (AI Support)
The APY on rewards can decrease due to several factors such as lower revenue, governance adjustments, a decline in the $USUAL market price, or an increase in the number of stakers sharing the same amount of rewards.
Mava AI Beta
ananasbrb
why have the APY on rewards come down so much?
Lucky Boy
@BingChilling where can i find info regarding the short interest accumulation
BingChilling
to hedge your reward you have high apy ofc people will short it to accumulate more. it is normal all that matter is tvl stil up people will buy more usual at bottom
ananasbrb
Where can information on funding rates relating to USUAL be found? @BingChilling
Alright
Ie they farming the interest yield on the short?
ananasbrb
So folks are shorting USUAL because of funding rate?
BingChilling
it's only apply to first deposit after than you can claim daily.
ananasbrb
My rewards only unlocked today
ananasbrb
Isnโt there 7 days before rewards unlock?
BingChilling
everyday is unlock day lol no tvl still up it's just futures
ananasbrb
I thought maybe ppl were selling rewards that were unlocked today
BingChilling
people short hedge to get more $$$ to buy more usual funding rate was negative but now it's back to positive. only matter is tvl still up nothing change
PitterPatterPaperFlower
What happened to the chart why the selloff can someone give a tldr
JazzySt
Of course or else how can they mint money or issue a currency
lcespirit46
Has the team obtained an EMI license?
Mava (AI Support)
Usual's USD0 stablecoin is designed to be a reliable alternative to USDT and USDC, backed by Real-World Assets like U.S. Treasury Bills. It complies with US and EU regulations, making it a strong candidate to replace USDT if it were banned in Europe. Reference: 1
Mava AI Betalcespirit46
Europe will ban USDT, do we have a chance to replace it?
Mava (AI Support)
USUALx acts like a vault share, representing your share of the vault and rewards. The value of USUALx is not determined by exchange trading but by the underlying assets and rewards it represents. When you stake USUAL to receive USUALx, you receive a proportional share of the vault's rewards, which is why the notional (dollar) value remains consistent.
Mava AI Beta
fredchan17999
@Mava (AI Support) how price of USUALX calculated if itโs not for exchange?
Mava (AI Support)
The value of USUALx represents your share of the vault and rewards. If the value of USUALx decreases, it indicates a decrease in the value of your vault share. However, the notional (dollar) value of your stake does not change.
Mava AI Betafredchan17999
@Mava (AI Support) so if value of USUALX decrease the vault share will also decrease?
Mava (AI Support)
A vault share, like USUALx, increases in value as rewards accumulate over time. This is because the share represents a portion of the total assets in the vault, which includes accrued yield. As the yield accrues, the total assets increase, thereby increasing the value of each vault share. Reference: 1
Mava AI Betafredchan17999
@Mava (AI Support) how vault share increase?
Mava (AI Support)
To get the total of the current vault share, you can use the totalAssets function. This function calculates the total assets in the vault, including accrued yield, by adding the total deposits and the earned yield. Reference: 1
Mava AI Betafredchan17999
@Mava (AI Support) where can I get total of current vault share
Saddam/Orochi Network
12/27/2024 at 00:53:43 ESTGlaxe Claim when
Mava (AI Support)
The duration of staking USUAL does not directly affect your reward. 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. There is no locking period, so you can stake and unstake at any time.
Mava AI Betafredchan17999
@Mava (AI Support) does duration of staking USUAL affect my reward? And how
JazzySt
Not on my side
I just have a question tho. Why on Binance chart, $usual chart starts on November 19 or tge did occur on December 18?Mava (AI Support)
The $USUAL chart on Binance starts on November 19 because it was listed in the pre-market phase on that date. The official spot trading and TGE (Token Generation Event) occurred on December 18.
Mava AI Betaalhxss
I just have a question tho. Why on Binance chart, $usual chart starts on November 19 or tge did occur on December 18?
JazzySt
I did tell him to use # ๐ฉใsupport-contact and request human
JazzySt
lol ๐
JazzySt
Thatโs the word I couldnโt use
Mr. Lin
If theres a tech problem we'll assist you there
Like I told. I don'twant to see what I got. I just want to claim it. I waited for 7 days like it's mentioned on the webpageMr. Lin
Open up a ticket
JazzySt
I told the poor dude to get laid a few times ๐ซฃ
I more than anyone used to call him out but didnโt know he had an actual issue
alhxss
Yeah u right
Do he looks like someone who want to be helped? Or just a guy than only wanna create fud. Just read him, he is complaining about defiโs basic stuff. If u donโt know how things itโs pretty normal and we can explain it to u. But he really donโt want to be helpedJazzySt
Still take things at face value. This is a community and we gotta stick together. Thereโs different levels of knowledge here
alhxss
Do he looks like someone who want to be helped? Or just a guy than only wanna create fud. Just read him, he is complaining about defiโs basic stuff. If u donโt know how things itโs pretty normal and we can explain it to u. But he really donโt want to be helped
JazzySt
Dude sorry I really didnโt know what you were going through
@Gunner funk human will probably reply as higher ranks wake up
Letโs be positive here and he needs to get his thing sorted
Sorry but this guy look like some competitor trying to create fake fud. Donโt even think he staked anything. He just want to throw stupid stuff in the chatJazzySt
Donโt say that. You never know
Like I told. I don'twant to see what I got. I just want to claim it. I waited for 7 days like it's mentioned on the webpagealhxss
Sorry but this guy look like some competitor trying to create fake fud. Donโt even think he staked anything. He just want to throw stupid stuff in the chat
Like I told. I don'twant to see what I got. I just want to claim it. I waited for 7 days like it's mentioned on the webpage
treebeard
It's 7 days from each day's distribution, so if you've been staked for 9 days that means you likely just see 1-2 days of rewards claimable
JazzySt
Just do a one on one canโt mention what itโs called it times me out if I say it lol
@Gunner funk you are justified in being upset
Usual
Gunner funk
Like I told. I don'twant to see what I got. I just want to claim it. I waited for 7 days like it's mentioned on the webpage
JazzySt
With an admin
Gunner go to # ๐ฉใsupport-contact and go one on one
Usual
Lucky Boy
@Gunner funk is this usd0? I think @treebeard can help you with that?
Gunner funk
I staked usdo++
LN123321
calmdown man
Gunner funk
I don't give a damn about less rewards or apy calculation. Atleast give me what I earnt
Usual
Dude I can't fuckin claim my rewards. It's been 9 days. Yesterday I was told to clear cookies and cache ( which is another problem) then the claim button showed up. But I can claim only like 0.1% of my rewards. Now the claim button is disabled againJazzySt
Have you tried # ๐ฉใsupport-contact with the details ask to talk to human
Dude I can't fuckin claim my rewards. It's been 9 days. Yesterday I was told to clear cookies and cache ( which is another problem) then the claim button showed up. But I can claim only like 0.1% of my rewards. Now the claim button is disabled againLN123321
use debank , you will see your reward update in realtime
Dude I can't fuckin claim my rewards. It's been 9 days. Yesterday I was told to clear cookies and cache ( which is another problem) then the claim button showed up. But I can claim only like 0.1% of my rewards. Now the claim button is disabled againLucky Boy
Is this for usd0?
Gunner funk
It's basic features that should work flawlessly
Bro it works but the ui is not easy to understand tell me what you dont understand ill explain screenshot your unstaking thing you will seeGunner funk
Dude I can't fuckin claim my rewards. It's been 9 days. Yesterday I was told to clear cookies and cache ( which is another problem) then the claim button showed up. But I can claim only like 0.1% of my rewards. Now the claim button is disabled again
JazzySt
They are working on polishing things. They released at the quiet market time on purpose to be able to fix things as they see fit
LN123321
calm down guys
Fixing basic stuff like reward calculation and claim should not take more than couple of daysLucky Boy
Bro it works but the ui is not easy to understand tell me what you dont understand ill explain screenshot your unstaking thing you will see
Gunner funk
Don't shoot the messenger
treebeard
Usd0++ doesn't go up in value, you get usual tokens
Neckbeardius
check out the grafana they have in the links
Gunner funk
This is where the FUD comes from, team brought it on themselves
JazzySt
Guys they are fixing the whole UI
Gunner funk
Fixing basic stuff like reward calculation and claim should not take more than couple of days
่ๆ น้ญ่
0 apy
่ๆ น้ญ่
The APY for USD0++ not any fluctuate,the apy is 0!!!!
Gunner funk
You can't be moonboi 24/7 and push all the problems under the rug
fredchan17999
Yah sorry I forgot about holidays
Lucky Boy
Give it a year or two.
Gunner funk
Team should address this
JazzySt
Actually they are working
Gunner funk
Bro I just posting the obvious facts
JazzySt
Theyโre quiet because theyโre human
fredchan17999
Ah my bad, sorry team
Lucky Boy
Best thing to do now is keep calm and wait it out it will improve.
JazzySt
Dude get a life and stop being a fudder
LN123321
My usual increase from 2.5k to 5.5k now , but the platform really concerns me
SatoshiXXX
Nobody force you, same like the other defi. Why are you here btw? Given your attitude i think you already sell your bag and go away
Kev
dude no one works between christmas and new year
fredchan17999
Somehow USUAL team is quite today ๐ฆ
SatoshiXXX
Dont forget the phase, $usual first will be inflationary (current stage), and then disinflationary, and then it could be a deflationary if the revenue grow (which is currently growing at very rapid rate)
Gunner funk
Yeah this is another issue, where they force people to hold
LN123321
it should be reduced depend on staking duration
Gunner funk
Atleast they have a non glitchy platform and what they show is what you get, in terms of yields
fredchan17999
I put lots of money on this project, hope they dont scam us
Anonaymius
10% fee must be removed(reduced)
Lucky Boy
Retail is just suffering on this.
fredchan17999
They should remove the claim reward part on the UI for staking USUAL
Gunner funk
Also USUAl should have displayed APR instead of APY
Lucky Boy
its dumping because people discourage by token release price is going now where
LN123321
it's dumping
fredchan17999
Even when I still seeing my USUAL token increase when trying to simulate unstaking
Lucky Boy
Leaves a bad taste
@fredchan17999 im more concerned of the pump and dump of the price
fredchan17999
Sounds a bit unfair
Yah, Iโm afraid of that thing
Lucky Boy
@fredchan17999 no actually it makes no difference i stake 1 week ago when apy was 2k plus now its 400 i dont see advantage because of the 10% fee
fredchan17999
Yeah APR decreases, but the total amount of reward may still increase because the vault share is bigger I guess
fredchan17999
What the difference between person stake sooner and person stake later if all reward shared from vault share @Mava (AI Support)
Lucky Boy
@fredchan17999 see it decreases
Mava (AI Support)
APY can decrease due to several factors such as lower revenue, governance adjustments, a decline in the $USUAL market price, or if there are more stakers sharing the same amount of rewards.
Mava AI BetaLucky Boy
Why apy decreases?
Mava (AI Support)
The APR can decrease due to several factors such as lower revenue, governance adjustments, and a decline in the market price of $USUAL. Additionally, changes in interest rates and no growth in Total Value Locked (TVL) can also contribute to a decrease in APR.
Mava AI BetaLucky Boy
Why the apr decreases?
But yeah sounds like a ponzi haha more people stake more reward shared. If I dont get it wrong
However I still believe in this project at least for nowLucky Boy
Actually no. the apr decreases when more people stake.
alhxss
Is an inflationary token too
Crv
The number of tokens is growing too fast, the price will fall faster than the value will growalhxss
Do u know that maybe every defi token works like this?
fredchan17999
But yeah sounds like a ponzi haha more people stake more reward shared. If I dont get it wrong However I still believe in this project at least for now
Anonaymius
The number of tokens is growing too fast, the price will fall faster than the value will grow
fredchan17999
Its reasonable to me
fredchan17999
Cuz they want us stake longer
Anonaymius
With these fees, I stay at a loss.
Mava (AI Support)
When you stake USUAL tokens into the USUALx vault, you receive USUALx tokens, which act as a vault share. The rewards are calculated based on your share of the vault. As the vault generates yield, your USUALx tokens increase in value, reflecting your share of the accumulated rewards. To view your rewards, you can simulate an unstake, which will show the withdrawal amount including your rewards, minus any applicable fees. References: 1
Mava AI Betafredchan17999
How people staking reward calculated from vault share @Mava (AI Support)
Mava (AI Support)
A vault share increases in value as the yield accrues over time. This is due to the yield-bearing nature of the vault, where the total assets, including accrued yield, are calculated and updated periodically. As the yield is earned and added to the total deposits, the value of each vault share appreciates. Reference: 1
Mava AI Betafredchan17999
@Mava (AI Support) how vault share increases
How vault share increases
Why don't I receive any reward? I've been waiting for 8 days, but nothing comes for usualxMava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they donโt 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 BetaLN123321
see
Anonaymius
Why don't I receive any reward? I've been waiting for 8 days, but nothing comes for usualx
alhxss
Tvl is more than 1billy ๐คฆ๐ฝโโ๏ธ๐คฆ๐ฝโโ๏ธ
Lucky Boy
Its a good project but if they dont do something regarding pump and dump
Gunner funk
It's just a poor quality product. Not worth billions
Gunner funk
This
Instead of calling it a FUD, you need to act on the flaws
LN123321
the platform is buggy , that's fact
Gunner funk
Dev should resolve this to attract more tvl
Lucky Boy
What the reason if he is just raising legit concerns?
LN123321
ban him for what ?
Gunner funk
I'm just posting what the problem is
LN123321
why ?
alhxss
What are u doin here then. Is there any mod here to ban this guy
Gunner funk
May be usual should hire some Fiver devs with 10 million funding they received
Also curve
Look at ethena platform. There is no glitches. Everything works soomth
Billion dollar projects don't have these problems
alhxss
Donโt get shake out over fake fud
Lucky Boy
Why the coin just dump just now?
Gunner funk
If you go throw the chat 90% of the people are complaining about how the rewards are not properly shown or problems in claiming
UI is very glitchy. It's a sign of poor quality
LN123321
i'm gambling not investing :))
alhxss
People donโt even know in what they are investing
Gunner funk
It's over
LN123321
I think I will sale all of my tokens, look like it's really ponzi
Criptoland
Many concerns from the community about the continuous increase in Total Supply
halomoto
12/26/2024 at 23:57:38 ESTMany ppl think usd0 is just ponziโฆIโm quite worried too
halomoto
12/26/2024 at 23:57:09 ESTJust swap
Criptoland
Why???
Caroline
i mean how to unstake usd0++ not sell on the seconday markt
Mava (AI Support)
USD0 itself isn't staked, so there's no need to unstake it. However, USD0++ is the staked version of USD0. If you are referring to USD0++, you can swap it on the secondary market without unstaking, similar to how USUALx can be swapped without unstaking.
Mava AI BetaCaroline
so this unstake usd0 is still go to secondary market?
Jefchan๐น
on
when can we claim usual in arb๏ผ
Caroline
so i can swap my usd0++ to usd0 any time?
Caroline
redeem usd0++, is there any withdrawl time period or fees?
Shouldnโt the price get higher with staking for both usualx and usd0++, since while the circulating supply is getting higher the price declines aggressively, whatโs happening I thought incomes from usual are mostly reinfected in usualMava (AI Support)
The price dynamics of USUALx and USD0++ are influenced by several factors, including the circulating supply and market demand. While staking can reduce the circulating supply, other market factors such as overall demand, market sentiment, and external economic conditions can also impact the price. The income generated from USUAL is reinvested, but this does not guarantee a price increase as it depends on the broader market conditions. References: 1,2
Mava AI Betai0sm3
Shouldnโt the price get higher with staking for both usualx and usd0++, since while the circulating supply is getting higher the price declines aggressively, whatโs happening I thought incomes from usual are mostly reinfected in usual
Mava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they donโt appear as 'Pending Rewards.' Your balance in USUALx remains constant, but the amount of USUAL you can unstake increases over time as rewards accumulate.
Mava AI Beta
Musashi
My balance in USUALX has been the same for a few days, why?
Mava (AI Support)
When you stake USUAL into USUALx, your rewards accrue and autocompound. You can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards.
Mava AI BetaMusashi
Where can we see our USUALX rewards?
I mean can I directly swap to usd0++ through dex instead of staking usd0 through official smart contract? Any difference?Mava (AI Support)
Yes, you can directly swap to USD0++ through DEXes. However, if you swap USDC to USD0++ directly through DEXes, you might encounter slippage. If you use the official dApp to swap USDC to USD0 to USD0++, it will automatically mint through the primary market if slippage on DEXes is too high.
Mava AI BetaJasonY
I mean can I directly swap to usd0++ through dex instead of staking usd0 through official smart contract? Any difference?
Mava (AI Support)
USD0++ can be swapped at market rate on DEXes. Currently, it's 1:1 with no slippage since inception. USUALx can also be swapped on secondary markets without unstaking. References: 1
Mava AI BetaJasonY
Among usd0, usd0++, usual and usualx, which converts integrate dex on the website?
I think there is some issue, UI shows my pending reward is X and I can only claim like 1% of of it. After claiming the claim button got disabled againMava (AI Support)
It seems like there might be an issue with the claim process. Please ensure that you have cleared your cache and cookies, as this can sometimes resolve UI issues. If the problem persists, it might be a bug. I recommend reaching out to support for further assistance.
Mava AI BetaGunner funk
I think there is some issue, UI shows my pending reward is X and I can only claim like 1% of of it. After claiming the claim button got disabled again
Gunner funk
Can't we claim entire pending rewards after the countdown
Is this supposed to happen?
Gunner funk
After clearing browser cache. Now the claim button in enable. But I'm only able to claim 1/10th of my pending rewards
so the curculation supply will increase over 494.6m later ??? do we have any plan or timeline ?Mava (AI Support)
Yes, the circulating supply of USUAL is expected to increase over time. The initial circulating supply at the time of the spot listing was approximately 494.6 million, which is about 12.37% of the total supply. The increase in circulating supply will depend on various factors, including user decisions regarding staying in the system or paying the DAO contribution. The system is designed to mint up to 4 billion USUAL tokens over four years, depending on collateral yield conditions.
Mava AI BetaLN123321
so the curculation supply will increase over 494.6m later ??? do we have any plan or timeline ?
Mava (AI Support)
When the circulating supply of USUAL reaches approximately 494.6 million, it indicates that about 12.37% of the total supply is liquid and available in the market. This is the estimated circulating supply at the time of the spot listing, considering the allocations for Binance Launchpool and Market Makers.
Mava AI BetaLN123321
what happen when the circulation supply rแปฏah 494,6M
Jimny2024
Hi, if i provide UsualX to get LPUSUALX, i will get 700% APY when it's matured? Do i need to sacrify some of my UsualX?
Fearrenear
Well it take sometimes. Usual is practically new born baby. Its hard to say it can be added as collateral on different protocol such as morpho, but we Will be there for sure
553
it updates after 24hrs?
I deposited in PENDLE USD0++YT (jan 30) yesterday, when /where do i see the accumulating rewards?553
I deposited in PENDLE USD0++YT (jan 30) yesterday, when /where do i see the accumulating rewards?
SolutionsB0.16
good question
SatoshiXXX
Waiting for this
deannguy3n
No
mohit84853
12/26/2024 at 20:45:44 ESTAny update?
mohit84853
12/26/2024 at 20:44:51 ESTWen galaxe use claim?
under the "earn" tab , there is a "claim rewards". Can i make it auto compunding into my capital?Kien
under the "earn" tab , there is a "claim rewards". Can i make it auto compunding into my capital?
Kien
even on uniswap there is a 10% penalty?
hello, just a question if i got Usualx now, is it better to swap back to usual on uniswap so that i dont have to pay the 10% penalty?Mava (AI Support)
When swapping USUALx back to USUAL, there is a 10% discount or penalty involved. If you want to avoid this penalty, you might consider holding onto USUALx instead of swapping back immediately. However, the decision should be based on your investment strategy and market conditions.
Mava AI BetaKien
hello, just a question if i got Usualx now, is it better to swap back to usual on uniswap so that i dont have to pay the 10% penalty?
Do we have some information? Or it's just supposed to be available eventually, without anything concrete?Mava (AI Support)
When you stake USUAL, you receive USUALx, which acts like a vault share. The conversion rate is not 1:1 because USUALx represents your share of the vault and rewards. The value of USUALx reflects the accumulated rewards over time, rather than showing as pending rewards.
Mava AI Beta
Mike Jozoff
@Mava (AI Support) why is that when I staked 175 Usual, I got 156 usual x?
Dave.race
Do we have some information? Or it's just supposed to be available eventually, without anything concrete?
Igor ๐ฅท๐ฅท๐ฅท INJ ( ๐ฅท)
Mava (AI Support)
Yes, USUALx can be used in DeFi. It is the staked version of USUAL and provides governance power and economic rights. While specific use as collateral isn't detailed, USUALx is designed to be a high-yielding financial instrument, which suggests potential integration into DeFi platforms for various uses, including possibly as collateral.
Mava AI BetaDave.race
Can we use USUALx on DeFi somehow? For example as collateral to borrow against?
Danilo G.
๐ซถ
I take screen shot every day to track the USUALX, and it is weird to see the total amount unstaking even lower than previous day
famousfxck
Because youโre swapping through secondary markets which have fluctuations
Danilo G.
@whysomad_o.o stoopid
SY
Wy dose not display โnext cycle inโ?
Mava (AI Support)
Yes, it is possible to directly stake USUAL tokens through the UsualSP contract. This contract allows users to stake their USUAL tokens to receive liquid allocations and rewards in USUAL tokens. Reference: 1
Mava AI Betailo00o
Is it possible to directly stake usual through a contract?
Lucky Boy
Good bot thanks
Mava (AI Support)
Yes, new USUAL tokens are distributed as rewards. The tokens are allocated to various protocol components, including rewards for liquidity providers, stakers, and other ecosystem incentives. This distribution is designed to align with the protocol's growth and ensure fair value distribution to the community. Reference: 1
Mava AI Beta
Lucky Boy
Where does the new tokens go? Does it go to rewards?
Mava (AI Support)
If you don't see the unstaking fee when simulating an unstake, it might be because your order is routed through a secondary market pool. In this case, you are swapping rather than unstaking, and the protocol does not charge an unstaking fee. However, the secondary market might include the fee in the conversion rate.
Mava AI Beta
dumb question here: i've deposited my UsualX tokens in the UsualX LP from Pendle. In this case, i still get the usual tokens for my staked usualX right?Mava (AI Support)
When you stake USUAL into USUALx, you receive a share of the staking rewards. Over time, this share will allow you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. However, there is no mention of staking UsualX in Pendle in the documentation.
Mava AI BetaManny Calavera
dumb question here: i've deposited my UsualX tokens in the UsualX LP from Pendle. In this case, i still get the usual tokens for my staked usualX right?
Phoenix
Yo, does the lock-up period for USD0++ start in like a week?
famousfxck
Btw if anyone missed this https://x.com/defi_dad/status/1836978164175884442?s=46
New @edge\_pod on @usualmoney\! ๐ค What if Tether were owned by its users? ๐ก The vision for Usual and how it works with USD0 ๐ Growing to $240M since July's launch ๐ฝ How to mint USD0 and earn T\-bill yield ๐ฃ๏ธ What's next, including % allocated for airdrop
 on X_.11a4609e-b5c7-420f-aa19-e1022ff7d35b.jpeg)
 on X_.8a1a568d-8edf-446e-bacf-520173d7f426.png)
Twitter โข 09/19/2024 23:58:18 EDT
Wrote a breakdown of Usual and the tokenomics engine, lmk if I got anything wrong: https://x.com/NashPointFi/status/1872396733453640025BingChilling
thaks like the math will look into it more of this
Mava (AI Support)
The 10% unstaking fee for USUALx is redistributed to those who remain staking. This mechanism is designed to reward long-term stakers and align incentives within the protocol. Reference: 1
Mava AI BetaMike Jozoff
@Mava (AI Support) Where does the fee go?
@Mava (AI Support) So if I originally stake 5k, and after a period of time itโs worth 10k, when I want to unstake Iโll pay 10% of 10k = 1k and come away with 9k. So 4k profitMava (AI Support)
Yes, that's correct. When you unstake, you will pay a 10% fee on the total amount, which in this case is 10k. So, you will pay 1k as a fee and receive 9k, resulting in a 4k profit.
Mava AI BetaMike Jozoff
@Mava (AI Support) So if I originally stake 5k, and after a period of time itโs worth 10k, when I want to unstake Iโll pay 10% of 10k = 1k and come away with 9k. So 4k profit
@Mava (AI Support) is the 10% unstaking fee 10% of the original amount of usual staked, or the present value of the total investment (principle + rewards) at the time of requesting to unstakeMike Jozoff
@Mava (AI Support) is the 10% unstaking fee 10% of the original amount of usual staked, or the present value of the total investment (principle + rewards) at the time of requesting to unstake
Wrote a breakdown of Usual and the tokenomics engine, lmk if I got anything wrong: https://x.com/NashPointFi/status/1872396733453640025famousfxck
Excellent thread man
Wrote a breakdown of Usual and the tokenomics engine, lmk if I got anything wrong: https://x.com/NashPointFi/status/1872396733453640025Noรฉ
Loved it sir - will definitely see a version for ETH & BTC (already hinted in the airdrop checker)
Do we receive USUAL rewards on the total value of our LP for the USD0/USD0++ pool, or only the USD0++ portion?ProtocolZ
Do we receive USUAL rewards on the total value of our LP for the USD0/USD0++ pool, or only the USD0++ portion?
No sir: primary market are orders that weren't routed through swaps (Curve pools), mostly big orders.
Since those orders are in multiple operations, they are listed there. Secondary market isn't, since it's already in your wallet's transaction history.
ElAnalistaa๐ง
I see, then I suggest that the wallet txs on the USUAL platform are integrated, all kind of swaps, my opinion !
Puniaviision
Wrote a breakdown of Usual and the tokenomics engine, lmk if I got anything wrong: https://x.com/NashPointFi/status/1872396733453640025
Business as $USUAL
 on X_.ef94913b-6567-470d-a0b2-7a66b1cef472.jpeg)
Twitter โข 12/26/2024 16:39:03 EST
famousfxck
TVL and revenue keeps increasing
But donโt worry, team is still active
APQUALPON
I didn't realize this problem
oh sorry
famousfxck
Uhm itโs holidays, man
APQUALPON
Itโs been a week already. Isnโt there any update?
Noรฉ
just like a vault
Ah I understand, so i have 5059 usualx, and Iโll have that same amount in my balance, but when I finally withdraw Iโll have a greater portion of the vault share @NoรฉNoรฉ
Exactly, you're able to withdraw more and more $USUAL over time thanks to your $USUALx
Mike Jozoff
Ah I understand, so i have 5059 usualx, and Iโll have that same amount in my balance, but when I finally withdraw Iโll have a greater portion of the vault share @Noรฉ
@Mava (AI Support) Iโve had usual staked in usualx for about a week now, but my balance of usualx has remained the same. Why is this? Shouldnโt it be auto compounding?Noรฉ
USUALx works as a vault share, meaning rewards are reflected directly in its value. Unlike USD0++ rewards, they donโt appear as โPending Rewards.โ 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.
Mike Jozoff
@Mava (AI Support) Iโve had usual staked in usualx for about a week now, but my balance of usualx has remained the same. Why is this? Shouldnโt it be auto compounding?
JazzySt
What do you mean by what?
APQUALPON
what๏ผ
APQUALPON
The authorities have never followed up.
When will the Galaxy Airdrop be issued?
a shame tho we cannot see the history of our transactions directly on the platform, besides if primary market means those who exchanged early usd for usd0 then usd0++, then i am among them, and still nothing is showing 
Noรฉ
No sir: primary market are orders that weren't routed through swaps (Curve pools), mostly big orders. Since those orders are in multiple operations, they are listed there. Secondary market isn't, since it's already in your wallet's transaction history.
or are you talking about your airdrop allocation?
Noรฉ
No sir - you got the airdrop, you farmed the airdrop during that period
I had access to claim 53 usual, pending rewards 69, I made claim 53 tokens and I have 16 left, where did the rest go?Mava (AI Support)
It seems like there might be a misunderstanding or an issue with the reward calculation. When you claim rewards, the pending rewards should decrease by the amount you claimed. If you claimed 53 tokens and have 16 left, it should mean that your pending rewards were reduced by the claimed amount. If this doesn't match your expectations, please double-check your transaction history or contact support for further assistance.
Mava AI BetaBingChilling
10% only apply for usual->usualx when u unstake usualx
JohnCarraway
Ok , since I asked about tokens I get as reward for staking usd0++
Mava (AI Support)
No, the 10% fee applies when you unstake your USUALx, not when you claim your rewards. If you unstake, you will pay a 10% fee on the amount you unstake, which is then redistributed to those who remain staked.
Mava AI BetaJohnCarraway
So if I earn 100 usual per month , I have to give 10 for just taking my reward ?
JohnCarraway
If there any fee for withdrawing usual tokens from rewards ? Or just the gas fee
Shiva | sui
12/26/2024 at 16:00:26 ESTi mean from the time i deposited my lp into curve from june to nov i got these 34 usual right
ElAnalistaa๐ง
a shame tho we cannot see the history of our transactions directly on the platform, besides if primary market means those who exchanged early usd for usd0 then usd0++, then i am among them, and still nothing is showing
Noรฉ
Wdym? Iโve just explained it to you
Sir, for your participation from June until end of November you got an airdrop. Now, the 34 tokens are the rewards from the end of NovemberShiva | sui
12/26/2024 at 15:59:12 ESTfrom june to nov rewards right ?
Noรฉ
Sir, for your participation from June until end of November you got an airdrop. Now, the 34 tokens are the rewards from the end of November
Shiva | sui
12/26/2024 at 15:57:42 ESTsir can u say i see 34 usual on my rewards dashboard i provided lp of usdo/usdo++ from june i guess is it from that time till date bcoz of all yield i got this 34 usual as rewards?
Noรฉ
Thereโs no such mechanism rn
Noรฉ
No?
Burgerflipper
But if I swap early I lose all yield correctly ?
Noรฉ
You are not locked for 4 years, you can freely swap at anytime
You can see the mint of USD0 as a peer to peer orderbook.
On one side we have some KYCed people that have some USYC and want to exchange it for USDC (in order to loop since USYC can be bought with USDC).
On the other side we have the retail (us) that are anon people but still want exposure to Tbills without all the KYC and minimum amount problem.
To do that we have a smart contract name DaoCollateral (which I created in 2022) that have the role to do one thing (we will assume that for 100k$ USYC, there will be a 100k$ USDC offer):
-> Take the USYC from the KYCed people, deposit it into the treasury
-> Since you put USYC in treasury you can mint 100k USD0
-> You take the USDC from the retail give them to KYCed person
-> Send the 100k USD0 to the retail.
Everyone is happy
s10
Straightforward, thanks
Burgerflipper
How can I get yield on usd but not stake 4 years ?
Noรฉ
It means: itโs normal
Shiva | sui
12/26/2024 at 15:53:43 EST@Noรฉ can u explain this please
ElAnalistaa๐ง
what does that mean ?
Noรฉ
Only orders routed through the primary market are saved in this part
ElAnalistaa๐ง
like i have done swaps and all
even tho i have some transactions
why cant i see my transactions history ?
Mava (AI Support)
Correct, the USUAL to USUALx rate is not fixed. USUALx acts like a vault share, representing your share of the vault and rewards. This means the rate can vary based on factors like the date of staking and the overall rewards in the vault.
Mava AI BetaElAnalistaa๐ง
so the usual / usualx rate is not fixed ?
Bellman_Bored
This crazy, I can see depending on the amount I am trying to unstake I may not be required to pay fees actually
Wait what? so I can go out without the 10% actually?
is this a bug? or can I unstake with 0 fees?
the break-even is getting more and more far!Mava (AI Support)
Your order might be routed through a secondary market pool, which is considered swapping, not unstaking. Therefore, there's no unstaking fee from the protocol, but it could be priced into the conversion rate by the secondary market itself. If you are experiencing issues, it might be due to a lack of liquidity or an error in the secondary market pool.
Mava AI BetaShiva | sui
12/26/2024 at 15:29:22 ESTis this from the time i deposit till now for all of that i got this usual ?
but i m unsure per evry week how much yield i m getting
this is not the usual airdrop
yeah i got it
Aurelou
Have you check on https:.//app.usual.money/airdrop ? remove the . after : it was to bypass the bot
Aurelou
You can see the mint of USD0 as a peer to peer orderbook. On one side we have some KYCed people that have some USYC and want to exchange it for USDC (in order to loop since USYC can be bought with USDC). On the other side we have the retail (us) that are anon people but still want exposure to Tbills without all the KYC and minimum amount problem. To do that we have a smart contract name DaoCollateral (which I created in 2022) that have the role to do one thing (we will assume that for 100k$ USYC, there will be a 100k$ USDC offer): -> Take the USYC from the KYCed people, deposit it into the treasury -> Since you put USYC in treasury you can mint 100k USD0 -> You take the USDC from the retail give them to KYCed person -> Send the 100k USD0 to the retail. Everyone is happy
Shiva | sui
12/26/2024 at 15:25:55 ESTmaybe around june i deposited i dont remember exactly
Protocol laucnhed on July so how can you have deposit some fund in May ?
Did you claim your airdrop ?Shiva | sui
12/26/2024 at 15:25:43 ESTyes i claimed in may
Aurelou
Protocol laucnhed on July so how can you have deposit some fund in May ? Did you claim your airdrop ?
s10
Happy to be taught something bruv
Shiva | sui
12/26/2024 at 15:19:05 EST@Aurelou explain this
So USDC is automatically converted to USYC when users deposit USDC on Usual? This is a yes or no question.
@Mava (AI Support)Aurelou
Correct can explain more in detail if you want ๐
CryCasher
last day is 6.3 usd wth
what the hell bgb ath is 8 usd
you can check it via usyc deposit address
101
the ai would never lie
CryCasher
i dunno mate
s10
Do you believe him @CryCasher ?
So USDC is automatically converted to USYC when users deposit USDC on Usual? This is a yes or no question.
@Mava (AI Support)s10
So USDC is automatically converted to USYC when users deposit USDC on Usual? This is a yes or no question. @Mava (AI Support)
- How does the CP handle the USDC to exchange it into USYC? What is the process? Is there a smart contract that automates this?
@Mava (AI Support)Mava (AI Support)
The process involves the Collateral Provider (CP) depositing USDC into the protocol, which triggers the use of Real World Assets (RWAs) deposited by the CP. The DaoCollateral contract manages this process, ensuring that the USDC is exchanged for USD0, which is backed by USYC tokens. The Swapper Engine and DaoCollateral smart contracts automate this process, facilitating the minting and redemption of USD0 and ensuring the full collateralization with RWAs. References: 1,2
Mava AI BetaCryCasher
the claimer is you mate
s10
- How does the CP handle the USDC to exchange it into USYC? What is the process? Is there a smart contract that automates this? @Mava (AI Support)
CryCasher
lol how you dont know
bestiann
I don't know )
CryCasher
there is claim fee?
CryCasher
hahaha
bestiann
It seems you've already taken it, I claim 53 and there are 16 left)
CryCasher
just joking mate dontworry
s10
wdym
CryCasher
half of the reward is mine
yesssirr
CryCasher
now you can invest with your company
Shiva | sui
12/26/2024 at 14:47:37 EST@Noรฉ
CryCasher
ahahaha
Mava (AI Support)
The amount of $USUAL rewards you earn from the Curve pool depends on several factors, including the amount of liquidity you provide, the duration of your deposit, and the overall performance of the pool. The rewards are distributed based on the APY and the share of the pool you hold. If you have specific concerns about the amount, it might be helpful to check the current APY and your share in the pool. For detailed inquiries, contacting support or an admin directly might provide more personalized assistance.
Mava AI BetaUsual
s10
But overall, good product/idea, have to admit it
s10
One of the inconsistency of Usual, I guess
I see the option to convert USD0++ to USD0, is the 4 year lock no longer in place? @Mava (AI Support)s10
How long do you want to lock-up your money man lol
I see the option to convert USD0++ to USD0, is the 4 year lock no longer in place? @Mava (AI Support)Mava (AI Support)
The 4-year lock on USD0++ is still in place. USD0++ is a locked version of USD0, and it cannot be directly converted back to USD0. However, you can swap USD0++ to USD0 on the secondary market through platforms like Curve or ParaSwap.
Mava AI BetaMahashmashana
I see the option to convert USD0++ to USD0, is the 4 year lock no longer in place? @Mava (AI Support)
JohnCarraway
This bot is really cool ๐
s10
Bot is better than human lol
Mava (AI Support)
Usual is not entirely risk-free from bank custody. While Usual employs a comprehensive risk management strategy, including working with highly rated banks and financial institutions, there are inherent risks such as banking or custodial failures that might restrict access to funds or lead to losses. Usual mitigates these risks by diversifying banking relationships and custodial services. Reference: 1
Mava AI Betas10
is not Usual risk-free from Bank custody?
CryCasher
with this information you can invest 10 m usd
s10
mmmh
Where does the "instant redemption" money from USYC come from?
Where are the Hashnote T-bills stored? It's not clear on their documentation and on yours it says BNY Mellon but I'm not sure?
@Mava (AI Support)Mava (AI Support)
The 'instant redemption' money from USYC comes from the liquidity provided by the underlying assets, such as reverse repos and U.S. Government-backed securities. These assets are managed to ensure maximum liquidity and minimum duration risk, allowing for quick redemption. The Hashnote T-bills are custodied at Bank of New York Mellon, as mentioned in the documentation. References: 1,2
Mava AI Beta
s10
But I doubt it does
s10
If the bot has the answer, it"s easier
CryCasher
umm
or u want human ping team
Usual
GM
*Sorry for the trouble and maybe an information I could have found but I can't for now lol
- Where does the "instant redemption" money from USYC come from?
- Where are the Hashnote T-bills stored? It's not clear on their documentation and on yours it says BNY Mellon but I'm not sure.CryCasher
ask again with pingin mava
s10
GM *Sorry for the trouble and maybe an information I could have found but I can't for now lol - Where does the "instant redemption" money from USYC come from? - Where are the Hashnote T-bills stored? It's not clear on their documentation and on yours it says BNY Mellon but I'm not sure.
Mava (AI Support)
USD0++ offers enhanced yields through its innovative reward mechanisms, including the Base Interest Guarantee (BIG). This ensures a minimum yield for holders, making it a promising option for long-term investment. Reference: 1
Mava AI BetaCryCasher
usd0++ promising long term high yield? @Mava (AI Support)
need ping mava?
usd0++ promising long term high yield?
famousfxck
Cool
Btw it should be fine if I transfer my USUALx to another wallet right? Or would I perhaps lose the USUAL Iโve accumulated while staking? @Mava (AI Support)Mava (AI Support)
Yes, you can transfer your USUALx to another wallet without losing the USUAL you've accumulated while staking. USUALx acts like a vault share, representing your share of the vault and rewards, so transferring it won't affect your accumulated rewards.
Mava AI Betafamousfxck
Btw it should be fine if I transfer my USUALx to another wallet right? Or would I perhaps lose the USUAL Iโve accumulated while staking? @Mava (AI Support)
JohnCarraway
Is there a lock period of 4 years if I convert to usdo++?
famousfxck
Real deflation ๐ซก
Because minting factor will then be at 1 Usual per 1 USD0++ minted
Real FOMO will come when we hit 2B$ TVL
Let the team cook man
That would be a bit further down the road but yes. Imho it's not that useful to have all the native functions on all the chain, something like Ethereum/Base/Solana would be enoughNoรฉ
That would be a bit further down the road but yes. Imho it's not that useful to have all the native functions on all the chain, something like Ethereum/Base/Solana would be enough
Dooku
With possibility of native staking on each chain?
Noรฉ
going full multichain is planned
@Dooku when all $USUAL are minted and USD0++ reaches maturity in four years, Usual will enter another phase of its life.
There is no public plans on that, even tho there's internal ones. Our vision is that DeFi will change a lot in four years (4yrs is literally the time since DeFi's creation), and it doesn't make sense to set the protocol for life: a lot of innovation and changes will happen until then.
But to give some insights: in four years, Usual will have a lot more offerings/products, meaning a lot more revenue and streams. This could then evolve to a complete revenue-share for stakers or something similar. Again, nothing is set in stone, nothing is official on that. Just giving some free thoughts - Usual's vision is to be a decentralized bank for users.Dooku
Are you gona expand to blockchains like Solana, Aptos, Sui?
maybe you should also touch some grass
Noรฉ
Because we have a life and we actually celebrate Christmas
oversimplification but yeah
Noรฉ
Yes and no - no protocol really wants to be fully open to U.S. users, because if you have american users, the US Government can ask whatever he wants basically
Hossein87
still waiting for galaxy reward as you promise us @Noรฉ why so late??
BingChilling
no gary is not with us anymore in jan 20th during gary regime every crypto is security
JohnCarraway
So you can (sell) your products in the us without risc or getting any penalties
Noรฉ
It is not ser
JohnCarraway
Is usual or usdo considered a security in the us ? Or can it be sued by sec in future ?
Noรฉ
@Dooku when all $USUAL are minted and USD0++ reaches maturity in four years, Usual will enter another phase of its life. There is no public plans on that, even tho there's internal ones. Our vision is that DeFi will change a lot in four years (4yrs is literally the time since DeFi's creation), and it doesn't make sense to set the protocol for life: a lot of innovation and changes will happen until then. But to give some insights: in four years, Usual will have a lot more offerings/products, meaning a lot more revenue and streams. This could then evolve to a complete revenue-share for stakers or something similar. Again, nothing is set in stone, nothing is official on that. Just giving some free thoughts - Usual's vision is to be a decentralized bank for users.
That's written in the blog, whitepaper, docs...
All $USUAL will be minted at the end of USD0++'s maturity, set in 2028. When reaching that point, the supply shouldn't be higher than 4B, and could actually be less depending on the protocol's growth, since $USUAL is disinflationary: meaning, less $USUAL is minted as revenue grows.
Again, as I said and is written in the docs, $USUAL is revenue-based, meaning that $USUAL is only minted in exchange of revenue entering the Treasury, giving it clear TradFi financial metrics, such as Earnings per Token (1 USUAL = XX$ in revenue). It's protocol equity, giving users yield, growth exposure, governance and treasury ownership.Dooku
I mean when 4b USUAL in market you will have to pay yield for USUAL holders and USD0++. Are you gona buy back USUAL from market in order to pay this yield or yield is gona be paid in USD0?
Noรฉ
oh mybad, you were actually asking something else
Noรฉ
That's written in the blog, whitepaper, docs... All $USUAL will be minted at the end of USD0++'s maturity, set in 2028. When reaching that point, the supply shouldn't be higher than 4B, and could actually be less depending on the protocol's growth, since $USUAL is disinflationary: meaning, less $USUAL is minted as revenue grows. Again, as I said and is written in the docs, $USUAL is revenue-based, meaning that $USUAL is only minted in exchange of revenue entering the Treasury, giving it clear TradFi financial metrics, such as Earnings per Token (1 USUAL = XX$ in revenue). It's protocol equity, giving users yield, growth exposure, governance and treasury ownership.
Dooku
Ok, I just wanted to know what AI is gona tell me
Noรฉ
stop SPAMMING
Mava (AI Support)
Currently, users receive USUAL as rewards, which is revenue-based and minted in exchange for revenue. However, the specific mechanism for distributing yields from US Treasuries when all USUAL is in the market is not detailed in the available documentation.
Mava AI BetaDooku
When all USUAL will be in market how US treasuries yield is gona be paid?
JohnCarraway
Yeah , sorry if I ask kids questions ๐คฃ
Right now, users get USUAL as rewards. $USUAL is revenue-based, meaning only minted in exchange of revenue: it's protocol equity.Dooku
When all USUAL will be in market how yield is gona be paid?
Mava (AI Support)
Staking USD0++ allows you to earn $USUAL rewards, as USD0++ is a yield-bearing version of USD0. On the other hand, staking USUAL into USUALx gives you a share of the staking rewards, which auto-compounds over time. The profitability depends on the current APY and your investment strategy. References: 1
Mava AI BetaJohnCarraway
So is it more profitable to stake usual or usdo++
Could you, please, explain how yield from US Treasuries will be distributed in futures? You will send users USUAL as their yield or USD0?Noรฉ
Right now, users get USUAL as rewards. $USUAL is revenue-based, meaning only minted in exchange of revenue: it's protocol equity.
Could you, please, explain how yield from US Treasuries will be distributed in futures? You will send users USUAL as their yield or USD0?Mava (AI Support)
The yield from US Treasuries will be distributed to users in the form of $USUAL, not USD0. This means that the yield does not directly reflect the underlying collateral's native yield but is instead paid out in $USUAL.
Mava AI BetaDooku
Could you, please, explain how yield from US Treasuries will be distributed in futures? You will send users USUAL as their yield or USD0?
Many people are wondering about the increase in supply in the square of Binance; it would be desirable to answer their questions.USUAL* is a separate token shared between investors and team members (right now). It'll be a fully liquid token, purchasable by anyone, when the cliff ends and the first unlocks start (1yr cliff + 2 yrs vesting).101
I understand but Iโm interested in doing an otc deal for it
USUAL* is a separate token shared between investors and team members (right now). It'll be a fully liquid token, purchasable by anyone, when the cliff ends and the first unlocks start (1yr cliff + 2 yrs vesting).JohnCarraway
You can purchase now on Binance ?
USUAL* is a separate token shared between investors and team members (right now). It'll be a fully liquid token, purchasable by anyone, when the cliff ends and the first unlocks start (1yr cliff + 2 yrs vesting).Dooku
Could you, please, explain how yield from US Treasuries will be distributed in futures? You will send users USUAL as their yield or USD0?
ptitspapiers
Many people are wondering about the increase in supply in the square of Binance; it would be desirable to answer their questions.
Noรฉ
USUAL* is a separate token shared between investors and team members (right now). It'll be a fully liquid token, purchasable by anyone, when the cliff ends and the first unlocks start (1yr cliff + 2 yrs vesting).
Mava (AI Support)
Currently, there is always a 10% unstaking fee for USUALx. This fee is applied to the overall staked amount and is used to reward long-term behavior by redistributing it to those who remain staked. There is no indication that this fee will be removed in the future.
Mava AI BetaMava (AI Support)
To calculate the daily $USUAL yield from 100 USD0++, you can use the rate of approximately 1.6 $USUAL per 1000 USD0++ per day. Therefore, for 100 USD0++, you would earn approximately 0.16 $USUAL daily.
Mava AI BetaDooku
Can I unstake USUALx to USUAL without paying 10% fee in future?
That's not what the bot (and I) said. The bot said, that MiCA, as it is written , doesn't apply to USD0.
e.g. USD0 isn't a "stablecoin" under MiCA.
krypt0man1ac
La question ร un million : With usdt being kicked out from EU, is there any chance to see USD0 proposed as an alternative? My dream...
JohnCarraway
How to calculate how many usual will I get daily from 100 usdo++
101
Whatโs the distribution for Usual* like? Team, investors, future distributions planned
101
Whatโs the current allocations for Usual*?
JohnCarraway
What is the apr for usual if I stake usdo++
Mava (AI Support)
Yes, the USD0 contract includes a blacklist feature to ensure regulatory compliance, which can restrict operations like minting, burning, and transferring to authorized addresses only. This implies that certain addresses can be restricted from interacting with the contract, effectively freezing USD0 on those addresses. Reference: 1
Mava AI BetaDooku
Does USUAL have function to freze USD0 on user's address?
JohnCarraway
How often can I claim my usual tokens that I earn from usdo++
Mava (AI Support)
Yes, Usual is compliant with AML (Anti Money Laundering) regulations in both the EU and USA. Users of the Usual protocol are required to comply with AML laws and regulations, and the company takes measures to ensure compliance wherever possible, given the decentralized nature of the protocol. References: 1,2
Mava AI BetaDooku
Does USUAL compliant with AML in EU and USA?
I swap USDC to USD0 and what happens next on USUAL side, USDC is exchaned for cash and used to buy US Treasuries?Mava (AI Support)
When you swap USDC for USD0, the USDC is used to purchase tokenized U.S. Treasury Bills, which are then held in the Usual treasury. This process ensures that USD0 is fully backed by real-world assets, providing stability and security. Reference: 1
Mava AI BetaDooku
I swap USDC to USD0 and what happens next on USUAL side, USDC is exchaned for cash and used to buy US Treasuries?
Noรฉ
That's not what the bot (and I) said. The bot said, that MiCA, as it is written , doesn't apply to USD0. e.g. USD0 isn't a "stablecoin" under MiCA.
krypt0man1ac
So it's not compliant ( for the moment )?
Mava (AI Support)
Usual swaps USDC for USD0, which is backed by Real-World Assets like US Treasury Bills. The protocol manages these assets to ensure the stablecoin is fully backed and secure. Reference: 1
Mava AI BetaNoรฉ
I'm sure
Dooku
Do Usual swaps USDC for cash and then purchases US Treasuries?
Jauunmm
# ๐ใusual-strategies serรฃo vendidos 20% dos 4bilhoes de tokens atรฉ marรงo de 2025, ou seja, 800 milhoes de totens? Faltando ainda mais de 300 milhรตes, para chegar aos 800m, isso significa um despejo diรกrio mรฉdio de aproximadamente 5 milhรตes de tokens por dia?
Dooku
Usual swaps USDC for cash and then purchases US Treasuries. Am I right?
Mava (AI Support)
After you swap USDC for USD0, the protocol uses the USDC to facilitate the minting of USD0 by utilizing Real World Assets (RWAs) as collateral. This process ensures that every USD0 in circulation is backed by RWAs, providing stability and security. Reference: 1
Mava AI BetaDooku
What protocol does with USDC after I swapped USDC for USD0?
Mava (AI Support)
USD0 tokens can be minted through Usual's counter in two ways: 1. Direct Mint: By depositing an eligible Real World Asset (RWA) into the protocol to receive an equivalent amount of USD0 on a 1:1 basis. 2. Indirect Mint: By depositing USDC into the protocol to receive USD0 on a 1:1 basis. In this method, a third party known as the Collateral Provider (CP) supplies the necessary RWA collateral, enabling users to obtain USD0 without directly holding RWAs. References: 1,2
Mava AI Betakrypt0man1ac
There's an article about that on Binance Square ( in French ), can't paste link here, the bots will kick me! ๐
Dooku
What about process of minting USD0? How is it actually happening?
@Dooku
MiCA Law: The "Hard Rules" of Stablecoins
Asset Backing Requirements: MiCA clearly stipulates that stablecoins must be fully backed by real assets, ensuring transparency and liquidity. USD0, as a stablecoin fully backed by short-term US government bonds, not only meets these requirements, but also greatly enhances its credibility through on-chain verification and third-party auditing.Dooku
Thanks for info
krypt0man1ac
@Dooku MiCA Law: The "Hard Rules" of Stablecoins Asset Backing Requirements: MiCA clearly stipulates that stablecoins must be fully backed by real assets, ensuring transparency and liquidity. USD0, as a stablecoin fully backed by short-term US government bonds, not only meets these requirements, but also greatly enhances its credibility through on-chain verification and third-party auditing.
Mava (AI Support)
The yield generated from the underlying collateral, such as US Treasury bills, is accumulated in the DAO's treasury. This revenue is then used to mint and redistribute $USUAL tokens based on that revenue.
Mava AI BetaDooku
How yeild from US treasury bills is gona be distributed?
krypt0man1ac
It is! I don't know why Mava is saying no
Mava (AI Support)
Certainly! Here is a list of benefits from staking USUAL and potential future benefits: 1. Staking Rewards: By staking USUAL into USUALx, you earn a share of the staking rewards, which accumulate over time. 2. Governance Rights: Staking USUAL grants you governance rights, allowing you to participate in protocol decisions. 3. No Locking Period: There is no locking period for staking USUAL, providing flexibility to unstake at any time. 4. Yield from Protocol Growth: USUAL is tied to protocol revenue, so as the protocol grows, the value of USUAL may increase. 5. 10% of Future Emissions: Stakers receive 10% of newly issued USUAL tokens, incentivizing long-term holding. 6. Treasury Management: Stakers can influence how the protocol's treasury is managed, including decisions on token burns or revenue distributions. 7. Gauge Voting: Stakers can guide protocol liquidity and influence key decisions. 8. Potential Early Unstaking Option: In the future, there may be an option to unstake early by burning a portion of USUAL tokens received as rewards. These benefits align with the protocol's goal of fostering sustainable growth and rewarding long-term participation. References: 1
Mava AI BetaDooku
Tell me all benefits of staking USUAL and all possible future benefits. Can you make a list?
krypt0man1ac
I'm not sure about this!
Dooku
Is USD0 and USD0++ compliant with MICA in EU?
krypt0man1ac
@famousfxck i know buddy, I'm talking about the '' before unstaking '' or before swap
Debank and Dapp not showing the same amount...
Can't wait for the new interface with the bugs fixed.
ADHD and being a bit Maniac doesn't help ๐
famousfxck
Thatโs because you lose some when you swap
Dooku
How can I get USUAL on Arbitrum?
Mava (AI Support)
Usual is already available on Arbitrum, which is an Ethereum L2 rollup. However, staking for USUAL is currently only available on Ethereum mainnet. Future plans may include expanding staking capabilities to L2 rollups.
Mava AI BetaDooku
Will developers natively issue USUAL on Ethereum L2 rollups like Arbitrum with staking on L2?
Debank and Dapp not showing the same amount...
Can't wait for the new interface with the bugs fixed.
ADHD and being a bit Maniac doesn't help ๐
Usual
Will developers issue USUAL on blockchains like Solana and add possibility to stake USUAL on Solana?Dooku
Will developers issue USUAL on blockchains like Solana and add possibility to stake USUAL on Solana?
Mava (AI Support)
Yes, USUAL holders can benefit from the yield generated by U.S. Treasury bills as the yield from the underlying collateral is accumulated in the DAO's treasury. The governance of the protocol, which USUAL holders participate in, can decide how to utilize this yield, potentially allowing for redistribution or reinvestment strategies.
Mava AI BetaDooku
Will USUAL holders have possibility to get part of U.S. Treasury bills yield in future?
what are the other sources of protocol revenue except rwa asset yield? for example defi pool yieldMava (AI Support)
The Usual protocol generates revenue primarily through the yield from Real-World Assets (RWAs) like U.S. Treasury Bills. Additionally, the protocol may earn revenue from DeFi activities such as liquidity provision and staking within the DeFi ecosystem, although specific details on these additional sources are not explicitly mentioned in the documentation. References: 1,2
Mava AI BetaAlphaKiwi
what are the other sources of protocol revenue except rwa asset yield? for example defi pool yield
Mava (AI Support)
The USUAL token serves as the governance and utility token of the Usual protocol. It is designed for long-term value and sustainable growth, backed by real cash flows from the Usual Protocol. USUAL tokens are used for governance, allowing holders to participate in decision-making within the protocol. Additionally, they can be staked to earn rewards, further incentivizing user engagement and commitment to the ecosystem. References: 1
Mava AI BetaDooku
What is Usual token utility?
Mava (AI Support)
The yield sources of Usual Protocol primarily come from Real-World Assets (RWAs) like U.S. Treasury bills. Users can stake their USD0 stablecoin into USD0++, a liquid staking token, to earn yield. The yield is distributed in the form of $USUAL tokens, which are tied to the protocol's revenue and growth. Additionally, USD0++ offers a minimum yield equivalent to the risk-free yield of the USD0 collateral. Reference: 1
Mava AI BetaAlphaKiwi
what are yield sources of usual protocol?
ptitspapiers
L'augmentation substantielle du nombre de jetons รฉmis sur ce marchรฉ saturรฉ est prรฉoccupante.
Mava (AI Support)
All Galxe participants will enjoy a 1:1 XP-to-Pills conversion rate for the upcoming airdrop. The specific timing for when Galxe pills will be counted hasn't been detailed, but they will be part of the airdrop process.
Mava AI Beta
Nani
today is is 8th, lol
0xKatha
Thanks, so 10% is not like 10% in 1 year because including the reward, it could be like 30% of total supply
yoo, when pending rewards will be moved to claimable section? wasn't it supposed to be already be ready for claim today?Mava (AI Support)
Pending rewards are typically subject to a 7-day cooldown period before they become claimable. If today marks the end of that period, they should be ready for claim. If not, please check your dashboard for any updates or delays.
Mava AI BetaNani
yoo, when pending rewards will be moved to claimable section? wasn't it supposed to be already be ready for claim today?
hi, i'm new here, wanted to learn as much as I could. So all Usual* tokens are staked and earn reward just like usualx?Noรฉ
Yes, but those rewards are cliffed for a year
Mava (AI Support)
To calculate YT profitability, you should consider the APY (Annual Percentage Yield) which is calculated based on your YT holdings, not their dollar value. The APY is calculated assuming a 365 days compounding frequency. If the APY shows 33,000%, it indicates a very high yield, but you should verify the calculation method and ensure there are no errors in the display.
Mava AI Beta
KraBIG
12/26/2024 at 12:59:22 ESThow to correctly calculate YT profitability if it shows 33,000 percent?
USUAL* exists since USUAL and USUALx exists - it's just another token, similar to USUALx, reserved for the team & investors0xKatha
hi, i'm new here, wanted to learn as much as I could. So all Usual* tokens are staked and earn reward just like usualx?
Heisenberg
hi guys, I analyzed the Usual protocol, it has some mechanism that reminds me of Terra Luna, obviously on the positive side, I saw the different ecosystem typology of the stablecoin, but the use of Usd0 creates a deflationary mechanism and creates value on the Usual token, this this is very interesting
imemyself ๐คก
have you ever visited usual website?
UnknownOG
12/26/2024 at 12:40:29 ESTLol that's swap fee. See the rate...
imemyself ๐คก
cos it shows zero fee
imemyself ๐คก
It seems like usual need to fix website information
I am very excited that it is possible to make a swap usualx to usual bypassing the 10% commission
It seems to me that this can have a very negative impact on the price of the token and the very value of its stakingUnknownOG
12/26/2024 at 12:38:45 ESTSwap loses 10% also
imemyself ๐คก
I am very excited that it is possible to make a swap usualx to usual bypassing the 10% commission It seems to me that this can have a very negative impact on the price of the token and the very value of its staking
KARTPAR
I cleared the cache and verified, but still i didn't see. Are there any other options?
nw0170
Hi usd0++ redemption implementation before q1 2025 or after q1 2025 ?
KARTPAR
Sure i will try and check once
19 Dec 24 i started my staking, still i didn't receive my rewards.
When will I start to receive my rewards?19 Dec 24 i started my staking, still i didn't receive my rewards.
When will I start to receive my rewards?Mava (AI Support)
If you are staking USUAL into USUALx, rewards are earned every block and are auto-compounded. If you are not seeing your rewards, please ensure you are checking the correct dashboard on the dApp. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle. If you still don't see your rewards, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI BetaKARTPAR
19 Dec 24 i started my staking, still i didn't receive my rewards. When will I start to receive my rewards?
CryCasher
what the hell hype
RIZKI
12/26/2024 at 12:18:38 ESTI saw usual on this year
Noรฉ
there's multiple operations in it
Yes, that's the detail of the swap
CryCasher
hmmm so its okay
Noรฉ
Yes
Gm, Zerolend isn't tracked directly in our UI, so you're not directly accruing rewards, but their smart contract probably is.
Soon, they should be able to directly redistribute rewards to their users.CryCasher
mate
@Noรฉ hello sir, has usd0++ deposit in zerolend accruing USUAL or not? is it integrated yet or we don't get any rewards in zerolend?Noรฉ
Gm, Zerolend isn't tracked directly in our UI, so you're not directly accruing rewards, but their smart contract probably is. Soon, they should be able to directly redistribute rewards to their users.
xstryder
@Noรฉ hello sir, has usd0++ deposit in zerolend accruing USUAL or not? is it integrated yet or we don't get any rewards in zerolend?
CryCasher
noe :(((
Mava (AI Support)
Yes, you will continue to receive rewards from Usual Money. Rewards are distributed in $USUAL, which is a revenue-based token. They accumulate on your Usual dashboard and can be claimed there.
Mava AI BetaCryCasher
i still get reward from usual.money ? @Noรฉ
it says usd0 not usd0++
Noรฉ
It's simplified, but yes, that's it
CryCasher
its swapping usde to usd0++ and lp usd0++ right?
Mava (AI Support)
The public roadmap for Usual includes several key milestones such as the integration of USD0 and USD0++ into various DeFi protocols, expanding their utility across multiple chains. However, there is no specific mention of USD0 being added to Aave in the current documentation. Usual is focused on expanding its ecosystem and partnerships, but details about specific integrations like Aave are not provided.
Mava AI BetaNoรฉ
doesn't matter sir
CryCasher
yes
ravished
what are the public roadmaps? is USD0 going to be added to aave anytime soon?
Noรฉ
on the input?
CryCasher
need to be usd0++ ?
in other words if usualx is 5% greater than usual is it probable that it will be 7% greater over time, etc?Mava (AI Support)
USUALx acts like a vault share, and rewards increase in that vault. The growth in USUALx compared to USUAL depends on various factors, including staking participation and the distribution of rewards. While it's possible for USUALx to grow at a different rate than USUAL, predicting a specific percentage increase over time would require more detailed information about the protocol's performance and user participation.
Mava AI Betaravished
in other words if usualx is 5% greater than usual is it probable that it will be 7% greater over time, etc?
Usual
CryCasher
admin
ravished
will the value of usualx always exceed the value of usual? And will the difference in value typically grow over time?
how tight is the correlation between the market cap of USD0 and the price of the Usual token? Is there ever a time where the market cap of USD0 goes up and the value of $Usual goes down?Mava (AI Support)
The correlation between the market cap of USD0 and the price of the USUAL token is influenced by several factors, including the protocol's revenue and the token emission model. While an increase in USD0's market cap generally indicates growth and could positively impact the USUAL token's value, it's possible for the USUAL token's price to decrease due to other market dynamics or changes in interest rates. The emission model of USUAL is designed to promote scarcity and align incentives, which can affect its price independently of USD0's market cap. References: 1
Mava AI BetaCryCasher
what dashboard
ravished
how tight is the correlation between the market cap of USD0 and the price of the Usual token? Is there ever a time where the market cap of USD0 goes up and the value of $Usual goes down?
CryCasher
what
Charles ^ ๐ซง
12/26/2024 at 11:48:24 EST@CryCasher check your dashboard to enable your view
Mava (AI Support)
USD0++ is the yield-bearing version of USD0. While USD0 is a stablecoin, USD0++ allows you to earn rewards by staking USD0. If you're interested in earning additional returns, converting to USD0++ might be beneficial. However, if you prefer to maintain a stable value without staking, holding USD0 is sufficient.
Mava AI BetaCryCasher
its matter this coin need to be usd0++ ?
yo guys
101
likely based on the investment rounds that were done
Arabe
Hi usual team, how about launching USD0++ or USUALX pool on Spectra Finance?
K
Thanks
RIZKI
12/26/2024 at 11:37:08 ESTits daily yield for user who hold USD0++
Thanks
Btw if I could also claim the rewards daily (cuz itโs daily generated)
I actually not only earn the YT yield but also earn normal yield by holding these Usualx rewards if I claimed?Mr. Lin
Yep
Thanks
Btw if I could also claim the rewards daily (cuz itโs daily generated)
I actually not only earn the YT yield but also earn normal yield by holding these Usualx rewards if I claimed?K
Am I correct?๐๐ป
Ziz
How would you value it?
BigChungus
12/26/2024 at 11:31:07 ESTnp understandable
Noรฉ
Gm, not sure on that tbh, I'd have to check with the team, but since it's Christmas, wouldn't have much answers rn
BigChungus
12/26/2024 at 11:30:26 ESTsorry, maybe a dumb question, do all of these values need to be divided by 10^18?
K
Thanks Btw if I could also claim the rewards daily (cuz itโs daily generated) I actually not only earn the YT yield but also earn normal yield by holding these Usualx rewards if I claimed?
Charles ^ ๐ซง
12/26/2024 at 11:28:28 EST@SaprolingsNick you can also check on dashboard to enable your view
SaprolingsNick
Hi how can i swap USD0++ to USDC?
Quick question, i staked my usual yesterday, more than 24 hours ago, there's was supposed to be a reward to be claimed, right?Mava (AI Support)
If you staked USUAL, the rewards are accrued every block, so you should see them reflected in the value of your USUALx. Unlike USD0++, USUALx rewards don't appear as 'Pending Rewards' but are reflected directly in its value.
Mava AI Betahawk_is_back
Quick question, i staked my usual yesterday, more than 24 hours ago, there's was supposed to be a reward to be claimed, right?
Mr. Lin
Like holding usualx
It wont be autocompounded
Mr. Lin
Yes youll need to claim on pendle
Medallion
My USUAL TOTAL QTY before unstaking is less than yesterdayโฆ.
Do I need to claim rewards daily on Pendle after I bought Usualx YT?
Cuz I could see there are rewards I can claim on Pendle (keep increasing) after I bought Usualx YT
Wondering those Usualx rewards I earned (Ready to claim) are needed to be claimed in order to have them enjoy the yield just like staked UsualMava (AI Support)
For YT USUALx specifically, you'll have to claim rewards on Pendle directly. It's not necessary to claim them daily, but you should claim them when you want to access or utilize the rewards.
Mava AI BetaK
Do I need to claim rewards daily on Pendle after I bought Usualx YT? Cuz I could see there are rewards I can claim on Pendle (keep increasing) after I bought Usualx YT Wondering those Usualx rewards I earned (Ready to claim) are needed to be claimed in order to have them enjoy the yield just like staked Usual
BigChungus
12/26/2024 at 11:05:10 ESTthanks!
Noรฉ
Mava (AI Support)
The values for the constants you are looking for are as follows: - M0: The initial set minting rate is immutable and set to 10. - Supply0++: This is the initial supply at launch, but the exact value isn't specified in the documentation. - P0: This refers to the primary market price of USD0, but the exact initial value isn't specified. - Rmin: This is the rate floor set by the DAO to mint and distribute a minimum amount of USUAL, but the exact value isn't specified. - R0: This is the initial underlying interest rate of USD0 at launch, but the exact value isn't specified. For the exact values of Supply0++, P0, Rmin, and R0, you might need to refer to specific governance proposals or detailed financial reports from Usual, as these are not explicitly mentioned in the available documentation. Reference: 1
Mava AI BetaBigChungus
12/26/2024 at 11:02:42 ESTI'm looking to model USUAL inflation, I have read the whitepaper, there are a few constants which I need to find the value for: M0 Supply0++ P0 Rmin R0 does anyone know where I can find these?
101
can I buy OTC USUAL-star? is any big desk handling it?
@Noรฉ so usual* will also be minted when user stake usual token? and has the same price as usualx?Noรฉ
What do you mean exactly? USUAL* is a different token: it is not minted every day since it has alaready a fixed supply.
USUAL* exists since USUAL and USUALx exists - it's just another token, similar to USUALx, reserved for the team & investorsAlphaKiwi
@Noรฉ so usual* will also be minted when user stake usual token? and has the same price as usualx?
ngmi
@Noรฉ
Tex
merci sir
Noรฉ
UI for USUALx should be revamped in early january
Noรฉ
USUAL* exists since USUAL and USUALx exists - it's just another token, similar to USUALx, reserved for the team & investors
Tex
a quand une nouvelle ui ?