#
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 19 of 74
the treasury has 1.5bn currently.. is that the protocol revenues? sounds too high
NeonThunderX
12/24/2024 at 15:10:22 ESTRevenue? Isnโt that the TVL of USD backing the USD0
Hi current usual+ staker here, I love usual's mission. I have 2 questions
1. Usual claims to distribute collateral bank yield to user through USUAL token, but there is no direct conversion btw these yield and USUAL token besides using the yield as a bench mark for how many USUAL token to mint. User can't claim these yield with their USUAL token. This seems misleading and unsustainable?
2. Any offical ways to report smart contract bugs?
Mava (AI Support)
1. The yield from the collateral is indeed used as a benchmark for minting USUAL tokens, but the yield itself is not directly claimable with USUAL tokens. Instead, USUAL tokens represent a share in the protocol's growth and governance, aligning user incentives with the protocol's success. This approach focuses on long-term value growth rather than direct yield conversion. 2. To report smart contract bugs, you can reach out to Usual through their official communication channels, such as their Discord or GitHub, where they may have a process for reporting and addressing such issues.
Mava AI BetaPNC
Hi current usual+ staker here, I love usual's mission. I have 2 questions 1. Usual claims to distribute collateral bank yield to user through USUAL token, but there is no direct conversion btw these yield and USUAL token besides using the yield as a bench mark for how many USUAL token to mint. User can't claim these yield with their USUAL token. This seems misleading and unsustainable? 2. Any offical ways to report smart contract bugs?
NeonThunderX
12/24/2024 at 15:09:52 ESTbasically, the USUAL rewards for eUSD0++ between 1st to 24th December are missing
nihilistic button clicker
the treasury has 1.5bn currently.. is that the protocol revenues? sounds too high
Mava (AI Support)
The $USUAL rewards from eUSD0++ holdings are distributed through the Usual dApp. The rewards are accumulated daily and will be claimable during the airdrop event in mid-December. This is part of the Yield Discovery Phase, which allows users to accumulate $USUAL tokens daily until the claim event.
Mava AI Betabasic question: is the treasury address same as the DAO? and same as the protocol revenues?Mava (AI Support)
The treasury is controlled by the DAO, but they are not the same entity. The DAO manages the treasury and decides how the protocol revenues are used. The protocol revenues accumulate in the treasury, but the treasury address itself is distinct from the DAO.
Mava AI Betanihilistic button clicker
basic question: is the treasury address same as the DAO? and same as the protocol revenues?
1- Treasury's address is available on the docs: NeonThunderX
12/24/2024 at 15:06:44 ESTgm
i find it kinda unsettling that the team has a discretionary right to use the DAO to defend the USD0/USD0++ peg; when the governance token $usual owners own the DAO... what do u think about that?hi @Noรฉ , what is the DAO address? DAO daily $usual reward is also subject to 1y vesting period , correct?
may i understand more about the DAO ability to defend USD0/USD0++ peg under the Parity Arbitrage Right ? under this right, may i confirm that the 1y vesting period of the daily USUAL distribution is immutable ? (ie. during peak distress, the 1y vesting period cannot be shortened to defend the peg)
also, where can i burn USUAL to redeem USD0++ into USD0? i cannot find this redemption on your websiteNoรฉ
1- Treasury's address is available on the docs:
nihilistic button clicker
i find it kinda unsettling that the team has a discretionary right to use the DAO to defend the USD0/USD0++ peg; when the governance token $usual owners own the DAO... what do u think about that?
hi @Noรฉ , what is the DAO address? DAO daily $usual reward is also subject to 1y vesting period , correct?
may i understand more about the DAO ability to defend USD0/USD0++ peg under the Parity Arbitrage Right ? under this right, may i confirm that the 1y vesting period of the daily USUAL distribution is immutable ? (ie. during peak distress, the 1y vesting period cannot be shortened to defend the peg)
also, where can i burn USUAL to redeem USD0++ into USD0? i cannot find this redemption on your websitenihilistic button clicker
@Noรฉ bump this pls ty. merry xmas
bobadoge
when will early redemption for USD0++ implemented? Any plan?
Noรฉ
@xtreme11 YT-USD0++'s rewards are shown on our dashboard
xtreme11
Rewards not showing on Pendle, its been more than 48 hours I entered into YT position
For YT, usual tokens to be claimed from where?
For YT, usual tokens to be claimed from where?
xtreme11
with YT USD0++ what we will receive? usual token?
Mava (AI Support)
Participants from the pre-launch phase, including Galxe users who completed tasks, are qualified for the airdrop. Galxe participants will enjoy a 1:1 XP-to-Pills conversion rate for the upcoming airdrop. References: 1
Mava AI Beta
AlperenPacacioglu
Who is qualified for the Airdrop
I couldn't find any information about the Airdrop
techsago
When galaxy reward?
Immmanuel
wen
Jesus
wen will ETH0 supply be available? Q4 or Q1 25?
Mava (AI Support)
When you stake USUAL tokens, you receive USUALx tokens, which act like a vault share representing your share of the vault and rewards. The value of USUALx is not directly 1:1 with USUAL because it reflects the accumulated rewards over time. Therefore, the correlation is that as more USUAL tokens are staked, the value of USUALx increases based on the rewards accumulated, not the initial amount staked.
Mava AI Beta
youdi
What is the correlation between new usual token staked vs usualx token value ?
Mava (AI Support)
The rewards for USUALx are reflected as an increase in the token's value, not as additional tokens. USUALx acts like a vault share, meaning the rewards are auto-compounded and reflected in the value of your existing USUALx tokens.
Mava AI Betayoudi
Do the rewards shows as additional usualx token or increase in usualx token value ?
i staked usual and get usualx but still don't see any rewards in the dashboard ? what is the rewards and how i will get them ?Mava (AI Support)
When you stake USUAL and receive USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards. You will notice an increase in the amount you can unstake over time as rewards accumulate.
Mava AI BetaRochdi
i staked usual and get usualx but still don't see any rewards in the dashboard ? what is the rewards and how i will get them ?
CryptoMDz
The mods didn't reply about glaxe drop questions !!! What's the problem?
imemyself ๐คก
is a 10% fee only for some time?
I was able to withdraw only 20% of the total usual tokens I received from the airdrop. What will happen to the remaining part, and when will it be available for claiming?Mava (AI Support)
The remaining part of your USUAL tokens from the airdrop may be subject to vesting or other conditions. Typically, these tokens are released gradually over a specified period. You should check the specific vesting schedule or conditions associated with your airdrop allocation. If you need more detailed information, please refer to the official Usual documentation or announcements.
Mava AI Betafinansal.eth
I was able to withdraw only 20% of the total usual tokens I received from the airdrop. What will happen to the remaining part, and when will it be available for claiming?
Usual
MJR
12/24/2024 at 13:16:28 ESTBless you. Be so much nicer to properly compound and deposit daily
Eric
12/24/2024 at 13:15:03 ESTNot unstaking
Your swapping dude
imemyself ๐คก
but the website didn't show it
Jawad432
When galxe users get the allocation
etherscribe8
Which airdrop? lol...
Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards', unlike USD0++ rewards.
Mava AI Beta
Jakeswizzle
i started staking my USUAL on Dec. 19th and I still don't see any rewards
MJR
12/24/2024 at 12:36:44 ESTIโd love USD0 on base or other chains. Expensive for the average retailer to claim/swap and depositโฆ @Noรฉ . I absolutely love Usual but it costs me so much to add money or move things around
kmoj8773
how
Wealth
Pls When claim for galxe participation
kmoj8773
hi when can clime to arb?
Noรฉ
Yes sir
CallmeBill
And does it have the same 7 day cool down period?
Noรฉ
When providing liquidity in the USD0/USD0++ Curve pool, you earn $USUAL rewards
CallmeBill
How does rewards work for providing liquid in curve pool for USD0 and USD0++
fredchan17999
Be careful with your ๐ฐ
fredchan17999
Please check โofficial linksโ channel
fredchan17999
Obviously NOT
Gunner funk
Good for exposure
Bribing will attract more liquidity and also some curve users might check out Usual platform
Noรฉ
No plans right now - Usual already has a native mechanism to incentivize liquidity on pools. We're actually the biggest Curve pool.
Noรฉ
We don't use Ondo's USDY, we use Hashnote's USYC and M^0's M right now
Gunner funk
I heard that Bribing with native tokens is more effective
Also any plans on Bribing veCRV holders for curve pools CRV rewards?
Dint see USYC in ondo website
So USDY won't be the colleteral. USYC is
Noรฉ
It's like saying "banks don't make money because it's the central bank who does"
USYC is just tokenized t-bills, the yield doesn't go to them or whatever
But what will USUAL holders gain from using USDY as collateral, all the yield generated goes to USDY not USUALx as the t bills are already staked for USDYNoรฉ
That's false. The yield from our underlying collateral, USYC and M right now, are directly accumulating in the DAO's treasury, and $USUAL are minted & redistributed based on that revenue.
Gunner funk
Unless platform charges extra fees
They are minting usd0 for free
USYC tokenizes t-bills in a permissioned way. Usual aggregates those tokenized t-bills in order to have a permissionless stablecoin which redistributes yield and ownership.
The two are absolutely not similar sirGunner funk
But what will USUAL holders gain from using USDY as collateral, all the yield generated goes to USDY not USUALx as the t bills are already staked for USDY
The Southerner
It is not a request,it is a suggestion, it may be completely false or good at a certain level, it is the team leaders who decide which is the best for all.๐
Thank you, could you please remove the unstake fee for people who stacked for more than 2 or 3 months, or make it decreasing,for example less than 1 months=100% , from 1month to 90 days decrease until certain amount.The Southerner
Thank you, could you please remove the unstake fee for people who stacked for more than 2 or 3 months, or make it decreasing,for example less than 1 months=100% , from 1month to 90 days decrease until certain amount.
famousfxck
https://x.com/dydx/status/1871571608902537497?s=46
New Instant Market Listing: $USUAL You can now trade @usualmoney on dYdX\! Get started ๐ https://t.co/CKqKrtNa7r
 on X_.84801f5b-07a2-46b7-8778-54a4e96fe394.jpeg)
 on X_.8a1a568d-8edf-446e-bacf-520173d7f426.png)
Twitter โข 12/24/2024 10:00:18 ESTGood morning Mr lin, i checked my address on debank,usualx is the same only usual increase,is it normal?Noรฉ
Yes, USUALx doesn't increase, but the USUAL you can unstake with it increase
The Southerner
Good morning Mr lin, i checked my address on debank,usualx is the same only usual increase,is it normal?
mehran๐ท
yoo guys any news about galxe?
Already replied to you here: https://discord.com/channels/1106588534871179280/1107144153076347022/1321115817898934454
zo
Can u check 72699?
Noรฉ
Already replied to you here: https://discord.com/channels/1106588534871179280/1107144153076347022/1321115817898934454
Gunner funk
It's like ETH restaking
Gunner funk
Why Integrate USDY when it basically does the same thing as usual
yasiaforever81
Debank shows pretty much all assets, so does zapper and blockscan
AkramBENNANI
okey thank you
Mr. Lin
Check your wallet address on Debank, and see if your usualx amount has increased
AkramBENNANI
oh ok thank you
AkramBENNANI
where is that pIease , and sorry for bothering
LuisMa
GM!
Hey , please i have a problem on the website , i have bought usualx 4 days ago and i didnt get any additionnal usualx or and rewards and i dont have the timerNoรฉ
pinned messages sir
Hey , please i have a problem on the website , i have bought usualx 4 days ago and i didnt get any additionnal usualx or and rewards and i dont have the timerAkramBENNANI
And i tried the mava solution and still nothing
If you bought 3600 YT-USD0++, it should show exactly that amount underneath this column, can you verify whether you can see your position here?AkramBENNANI
Hey , please i have a problem on the website , i have bought usualx 4 days ago and i didnt get any additionnal usualx or and rewards and i dont have the timer
AkramBENNANI
Still the same problem
jutinby
12/24/2024 at 10:40:05 ESTlol
manifesto
How long the token incentives is going to last?
treebeard
You're referring to the USD value I assume? YT goes to 0 when it matures, so that USD value is expected to decrease over time. But you still get usual rewards based on the balance of YT tokens, not their USD value
Mava (AI Support)
The APY for USD0++ fluctuates with the $USUAL price. If the $USUAL price remains stable at 1.3, the APY is likely to remain around 70%, but it can still be influenced by other factors.
Mava AI Betahalomoto
12/24/2024 at 10:35:57 ESTThe usual price is 1.3 now and usd0++ give 70% apy. Assuming the usual price remains the same at 1.3, will the 70% apy remain?
Mr. Lin
If you only want $USUAL as your rewards, then perhaps holding it is the way to go. If you want other rewards such as $PENDLE (which is distributed in their LPs), then you should leave it in the LP.
rostiklapbdo
Yt pendle i see 3600 now, on website 2600
hey , i have a problem on the website , i have bought usualx 4 days ago and i didnt get any additionnal usualx or and rewards and i dont have the timerMava (AI Support)
USUALx works as a vault share, meaning rewards are reflected directly in its value. You won't see additional USUALx tokens, but the value of your USUALx increases over time as rewards accumulate. If you're not seeing the expected increase, try clearing your cache, cookies, reconnecting your wallet, and switching networks. If the issue persists, please let me know so I can assist further.
Mava AI BetaMr. Lin
Depending on the pool, your APY may vary. If you don't have vePENDLE, it is likely that your APY will be lower than the max APY as indicated on their website.
Mr. Lin
What do you mean by less?
that 69% you are referring to is merely holding usd0++, and for that reward to be claimable you need to wait 7 daysmanifesto
so i am not getting 69% while LPing in Pendle? I should take it out of it?
Mr. Lin
Will end my responses towards Galxe related questions here. Thanks
halomoto
12/24/2024 at 10:31:38 ESTMr Lin, just ignore themโฆ
rostiklapbdo
why i have pendle YT pos 4k, but in Usual website it is less ?
Mr. Lin
And with all due respect, you're not in the position to educate on how people "should" respond on Discord
When the campaign ended, did you complain to them as to why they are taking so long to distribute the rewards?
Mr. Lin
When you were joining the campaign, did you verify with Galxe on how the rewards will be distributed?
Mava (AI Support)
tak19268
Who are the custodians backing usd0?
Kelvinerick54
12/24/2024 at 10:27:23 ESTI don't smoke
Mr. Lin
Take a smoke break lmao
Go ask Galxe for update, it's up for them to distribute. Take your army back to Galxe instead of asking us for the millionth time lolKelvinerick54
12/24/2024 at 10:25:48 ESTThis is not how to respond. When you were having your campaign, you didn't tell us to ask galxe if we should participate?
There's no "fixed" amount of $USUAL reward, given that the actual APY will fluctuate by any second.
Bevis
APY is calculated in %, rewards are Usual, is there any formula to convert to Usual?
Mava (AI Support)
USD0 is backed by tokenized Real-World Assets (RWAs) like U.S. Treasury bills. The specific custodians or entities managing these assets are not detailed in the available documentation. Reference: 1
Mava AI Beta
tak19268
Who are the custodians backing usd0?
Mr. Lin
The APY displayed on the UI will inherently have some delay.
There's no "fixed" amount of $USUAL reward, given that the actual APY will fluctuate by any second.
Mr. Lin
No
halomoto
12/24/2024 at 10:20:26 ESTSame Q
Bevis
With the same amount of USD0 staking, is the usual amount of reward fixed?
Mr. Lin
Thereotically yes
Just a friendly word of advice from someone who has been in your position. It's easy to get frustrated by having to answer the same Q again and again. But there's a lot of value in exhibiting patience. Goes a long wayMr. Lin
No thanks - this community owed nothing to the Galxe users when Galxe has agreed upon to distribute rewards on their end.
Usual
Z33
Just code it into a bot command if you don't want to write out every time people ask
I just gave you the most useful information you can possibly have right now. You need to show some appreciation.Z33
Just a friendly word of advice from someone who has been in your position. It's easy to get frustrated by having to answer the same Q again and again. But there's a lot of value in exhibiting patience. Goes a long way
Mr. Lin
Staking will give you fluctuating APY - the only way to have a fixed APY is by buying PT on PENDLE.
Bevis
The higher the Usual price, the higher the APY, right?
Mr. Lin
Or you can leave if you're not satisfied with the information, again, show some appreciation instead of being bitter.
I just gave you the most useful information you can possibly have right now. You need to show some appreciation.
fryo
leave my face with ur sacarsm ....
halomoto
12/24/2024 at 10:14:46 ESTThx. So staking will give you fixed amount of usuals everyday? Just the price of usuals affect the APY
Mr. Lin
IT IS NOT UP TO USUAL TO DISTRIBUTE $USUAL REWARDS TO GALXE USERS. GALXE HAS AGREED TO DISTRIBUTE REWARDS TO THEIR OWN USERS.
Mr. Lin
I just gave you the most useful information you can possibly have right now. You need to show some appreciation.
Mr. Lin
The APY fluctuates with the $USUAL price.
Go ask Galxe for update, it's up for them to distribute. Take your army back to Galxe instead of asking us for the millionth time lolfryo
That's not cool. If u do not have any useful info to give, move along.
halomoto
12/24/2024 at 10:12:07 EST@Mr. Lin mr Lin. Do you think how long usd0++ maintain its high APy? Its steady at 50-70% now
Mr. Lin
Go ask Galxe for update, it's up for them to distribute. Take your army back to Galxe instead of asking us for the millionth time lol
fryo
It's been a week. Team should give an update
Mr. Lin
that 69% you are referring to is merely holding usd0++, and for that reward to be claimable you need to wait 7 days
Usual
@Noรฉ is there a better awnser from the team than what mava game me about whats gonna happen to our daily usualx tokens after all the 494m tokens are delivered ?
Camon
I have the same question, can anyone help, please?
Kelvinerick54
12/24/2024 at 10:05:59 ESTGreetings Mr Lin. What's the update about our galxe reward?
Mr. Lin
nope
Weโre could I read about usual tokens minting ? Like what is the percentage that will be minted ?Mava (AI Support)
You can read about the minting of Usual tokens in the whitepaper available on the Usual website. The minting factor and related details are explained there. Here's the link to the whitepaper: Usual Whitepaper. Reference: 1
Mava AI BetaJohnCarraway
Weโre could I read about usual tokens minting ? Like what is the percentage that will be minted ?
Mr. Lin
and if you do LP or PT, USUAL website does not show the rewards
Whats wrong with reward distribution?
have 100k in Pendle and got only 7 USUAL for the last day?! while APY shows 70% APYtreebeard
LP, PT, or YT? Also today's claimable rewards will update late since 7 days ago it was delayed ~12 hours for the airdrop
Mr. Lin
you either do YT, PT, or LP
Whats wrong with reward distribution?
have 100k in Pendle and got only 7 USUAL for the last day?! while APY shows 70% APYMr. Lin
bruh there's no staking available in pendle
Mava (AI Support)
The APY in USUALx staking can decrease if the percentage of the total supply staked in USUALx increases. Since USUALx gets 10% of the emission of all new USUAL, if more users stake their tokens, the rewards are distributed among more participants, leading to a lower APY.
Mava AI Beta
Lucky Boy
Why the apy is getting lower in usualx staking
raillance
12/24/2024 at 09:58:39 EST
hello, i have another question. If I deposit liquidity in the middle of a cycle, does my reward accumulate from the time when I deposit or from the start of next cycle? thank youMava (AI Support)
Your rewards will start accumulating from the time you deposit liquidity, even if it's in the middle of a cycle. The rewards are calculated based on the time-weighted average of your holdings during the cycle.
Mava AI Betappbbvoid
hello, i have another question. If I deposit liquidity in the middle of a cycle, does my reward accumulate from the time when I deposit or from the start of next cycle? thank you
halomoto
12/24/2024 at 09:50:10 ESTWhen will the early redemption launch for usd0++?
CryptoMDz
Where's the link ?
Whats wrong with reward distribution?
have 100k in Pendle and got only 7 USUAL for the last day?! while APY shows 70% APYhalomoto
12/24/2024 at 09:47:10 ESTNo idea why you stake in Pendle. Why donโt just stake at usual? You just make things difficult for yourself
Have anyone tried swapping Usualx to Usual via secondary market like Uniswap? Is the fee applied?Mava (AI Support)
When swapping USUALx to USUAL via a secondary market like Uniswap, there is no direct unstaking fee from the protocol. However, the secondary market might price in the unstaking fee in the conversion rate due to arbitrage needs, which could affect the amount you receive.
Mava AI Betadannnny
Have anyone tried swapping Usualx to Usual via secondary market like Uniswap? Is the fee applied?
manifesto
Whats wrong with reward distribution? have 100k in Pendle and got only 7 USUAL for the last day?! while APY shows 70% APY
Usual
xart
hey, i want to ask how often usualx autocompounds?
Noรฉ
# ๐ฉใsupport-contact sir
blankdiorr
12/24/2024 at 09:26:51 ESTHey @Noรฉ who can I discuss a partnership with?
Mava (AI Support)
The message 'pushing onchain' likely refers to the process of updating or distributing staking rewards on the blockchain. This process involves executing transactions on the blockchain to ensure that rewards are accurately recorded and distributed to users holding USD0++. If there is a delay or issue, it might be due to technical reasons related to the blockchain operations.
Mava AI Betahalomoto
12/24/2024 at 09:23:37 ESTWhy there is staking reward for usd0++ today? It said โpushing onchainโโฆwhat does it mean?
mario117 BT-P City
Sorry I mean binance earn
Hey guys! I have a total of 4700 tokens. I wanted to ask if I should stake all of them on binance or only like half of it? If not now, when then and how much?yasiaforever81
You can only stake on your decentralized wallet bro. Use MM
Hey guys! I have a total of 4700 tokens. I wanted to ask if I should stake all of them on binance or only like half of it? If not now, when then and how much?Mava (AI Support)
You won't be able to stake your USUAL tokens directly on Binance. Staking is currently only available on the Ethereum mainnet through the Usual app. If you're considering staking, you might want to evaluate your long-term goals and risk tolerance. Staking all your tokens could potentially yield more rewards over time, but it also means your tokens are locked up. Consider staking a portion that aligns with your investment strategy.
Mava AI Betamario117 BT-P City
Hey guys! I have a total of 4700 tokens. I wanted to ask if I should stake all of them on binance or only like half of it? If not now, when then and how much?
CryptoNinja
?
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, buuut, it could be priced in 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.CryptoNinja
So If I proceed I will get full funds back
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, buuut, it could be priced in 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.yasiaforever81
true
When I stake usual it showed 10% withdrawal fee
Now if I am checking withdraw, fee is 0%
๐คWhyNoรฉ
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, buuut, it could be priced in 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.
USYC tokenizes t-bills in a permissioned way. Usual aggregates those tokenized t-bills in order to have a permissionless stablecoin which redistributes yield and ownership.
The two are absolutely not similar sirCryptoNinja
When I stake usual it showed 10% withdrawal fee Now if I am checking withdraw, fee is 0% ๐คWhy
USDY is already doing what usual is trying to achieve. So integrating USDY won't be a hat on a hat kind of scenario?Noรฉ
USYC tokenizes t-bills in a permissioned way. Usual aggregates those tokenized t-bills in order to have a permissionless stablecoin which redistributes yield and ownership. The two are absolutely not similar sir
There's a table/dashboard but EtherFi isn't fully integrated in it yet - we're planning on doing that in early 2025Gunner funk
USDY is already doing what usual is trying to achieve. So integrating USDY won't be a hat on a hat kind of scenario?
That's it! I get it now, I had a confusion about why the awards weren't being added.
Thanks for the answer.
are you planning to add a table in the future?Noรฉ
There's a table/dashboard but EtherFi isn't fully integrated in it yet - we're planning on doing that in early 2025
CryptoMDz
Galxe users waiting their Christmas gift ๐๐โ๏ธ
Noรฉ
No, but since EtherFi isn't integrated in our dashboard, you won't see the rewards for it
Folsa
there is a difference in yield if USD0++ lies in Etherf.fi or lies just on the wallet
andrewdubai
when we can redeem our rewards? now it's more than 7 days...
monti3082
as the supply of USD0++ grows, USUAL Minting decreases?
Folsa
Are you sure? I got 0.11 Usual for storing 500 USD0++ in Ether.fi. is that the corrected value?
Mava (AI Support)
The supply and demand for USD0++ can influence the yield through the minting factor. As the supply of USD0++ grows, the minting rate decreases, fostering scarcity and rewarding early adopters. This dynamic can affect the yield as it is tied to the minting factor and the market price of $USUAL, which is the token used to pay out the yield.
Mava AI Betamonti3082
how does suppy and demand for USD++ affect the yield?
Mava (AI Support)
The fluctuations in USD++ yields are influenced by various factors, including changes in the underlying interest rates of the Real-World Assets (RWAs) backing USD0. The yield is linked to these interest rates, and as they change, the yield on USD++ can also vary. Additionally, market dynamics and the supply and demand for USD++ can contribute to these fluctuations. Reference: 1
Mava AI Betamonti3082
why does the USD++ Flactuates so much 60% one day and 74% the next day?
I have USD0++ YT on pendle. Do I get any usual rewards? I havenโt seen any in 2 days since I bought them. Thanksmiddleagedbiker74
I have USD0++ YT on pendle. Do I get any usual rewards? I havenโt seen any in 2 days since I bought them. Thanks
yasiaforever81
Doesn't matter bro
yasiaforever81
Def
zxcasd2912
Lets gooo new ath is coming?
Folsa
Does it matter if they're in the Ether.fi vault or on my wallet? No vaults.
JazzySt
It shouldnโt be lost
I click and they offer me to change USD0 to USD0++, but what if I already have USD0++? They were in Ether.fi storage, and when I withdraw them from there I will get USD0++.
I'm trying to figure out how to do it right.Mava (AI Support)
If you already have USD0++ and they are stored in Ether.fi, when you withdraw them, you will receive USD0++. You don't need to change USD0 to USD0++ again. Simply hold or use your USD0++ as needed in DeFi or other platforms.
Mava AI BetaFolsa
I click and they offer me to change USD0 to USD0++, but what if I already have USD0++? They were in Ether.fi storage, and when I withdraw them from there I will get USD0++. I'm trying to figure out how to do it right.
Hi team - what's plan for redeeming USD0 into USYC or USDC? (not talking about swap, but direct redemption service). Saw it in the docs but would like to know more about the actual plans. Thanks.Mava (AI Support)
Currently, you can redeem USD0 for USYC, as it is the current underlying collateral. This process is almost instant, but you need to be onboarded with Hashnote, our current collateral partner. As for redeeming USD0 directly into USDC, this option is not available at the moment.
Mava AI Betakane
Hi team - what's plan for redeeming USD0 into USYC or USDC? (not talking about swap, but direct redemption service). Saw it in the docs but would like to know more about the actual plans. Thanks.
Mava (AI Support)
No, you do not lose your pending rewards if you move your USD0++ balance to a different wallet. The rewards that have already been accumulated will remain with the old address. If you transfer within a cycle, the rewards before the transfer will be credited to the old address, and the rewards after the transfer will be credited to the new address.
Mava AI BetaZ33
@Mava (AI Support) do we lose pending rewards if we move USD0++ balance to a different wallet?
JazzySt
Keep them a bit longer then you can stake the usual tokens into usualx at a rate of 1usual :0.9 usualx once staked these also accumulate a revenue but be careful that there is a 10% unstake fee or subsequently can be withdrawn (swapped) on secondary market.
Z33
seems like you were wrong about that. I did lose my pending rewards when I moved my USD0++ to a different wallet
A9
@Noรฉ is there a better awnser from the team than what mava game me about whats gonna happen to our daily usualx tokens after all the 494m tokens are delivered ?
I need to click on the Earn tab
and choose the first pool where USD0++++? And just make a deposit?Folsa
I need to click on the Earn tab and choose the first pool where USD0++++? And just make a deposit?
Nero
12/24/2024 at 08:35:08 ESTHey is usual frontend live on arbitrum ? i want to get USD0++ on arb
Folsa
it ok!)
JazzySt
Sorry I was replying haha Iโm slow
JazzySt
With USD0++ you get daily token yield. These tokens can be withdrawn at 7 day cycles meaning if you deposit today on the 7th day you pick up todays tokens
zo
Can u cehck 72699?
Folsa
What if I also have USD0++
Good afternoon
Can you please tell me a strategy, I have USD0, what can I do with it to get income?Mava (AI Support)
Good afternoon! With USD0, you can earn income by participating in the Usual Protocol's yield mechanisms. You can lock your USD0 in the protocol to earn rewards. There are two main income modes: 1. Alpha-Yield Mode: You can earn USUAL token rewards daily without needing to lock your USD0++. 2. BIG Mode: This mode allows you to potentially earn more by locking your USD0++ for a specified period. These strategies allow you to earn additional income on top of the stable returns from the underlying real-world assets backing USD0.
Mava AI BetaFolsa
Good afternoon Can you please tell me a strategy, I have USD0, what can I do with it to get income?
Noรฉ
None? Wdym
Mava (AI Support)
The Usual airdrop originated from the Usual Protocol's initiative to reward early users and participants in their Pills Campaign. The airdrop was designed to distribute $USUAL tokens to those who held USD0++ and participated in the campaign. Specifically, 8.5% of the token supply was allocated for the airdrop, with 7.5% announced initially and an additional 1% as a Believer's Bonus for dedicated Pills collectors.
Mava AI Beta
lil m
where did the usual airdrop come from? and who were airdropped?
lil m
can i find these fees somewhere? what the total amount of fees generated on this is?
Mava (AI Support)
Yes, USUALx holders receive a share of the fees. Specifically, one-third (approximately 33.33%) of all USUAL used to pay system fees is allocated as rewards for USUALx holders. These fees include unstaking fees for USUALx and early redemption fees for USD0++.
Mava AI Betalil m
is xusual also getting a revenue share of some of the fees?
lil m
where is the other 90 percent of the newly minted supply going to?
Mava (AI Support)
The yield in the UsualX pool comes from the emission of new USUAL tokens. Specifically, USUALx receives 10% of the emission of all new USUAL tokens. This means that if a small percentage of the supply is staked in USUALx, the stakers share a significant portion of the rewards.
Mava AI Betalil m
where does the yield come from in the usual x pool?
A9
does any1 have a better awnser for that?
might be a dumb question but @Mava (AI Support) once the 494.6m tokens are distributed are usualx stakers keep receiving tokens everyday?Mava (AI Support)
Once the 494.6 million USUAL tokens are fully distributed, the distribution mechanism would depend on the protocol's design and governance decisions. Typically, if the total supply is capped, new tokens would not be minted beyond that cap. However, USUALx stakers might still receive rewards from other sources, such as fees or other revenue streams, if the protocol has mechanisms in place for ongoing rewards. Reference: 1
Mava AI BetaA9
might be a dumb question but @Mava (AI Support) once the 494.6m tokens are distributed are usualx stakers keep receiving tokens everyday?
jirachi
Jeet logic
hello, how can I keep track for USUALx rewards? UI says zero and the amount of token I have is the same as the first time I got USUALxMava (AI Support)
USUALx acts like a vault share, meaning the rewards are reflected directly in its value rather than showing up as 'Pending Rewards'. To see your accumulated rewards, you can 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 Betanado
hello, how can I keep track for USUALx rewards? UI says zero and the amount of token I have is the same as the first time I got USUALx
jirachi
You guys are jeets. Super jeets!
Mava (AI Support)
For most integrations that are not directly tracked, rewards accrue to the integration's smart contract. These protocols can then redistribute those rewards themselves. Some are limited because their smart contract has no claim/transfer option, but Usual is working on a 'proxy' to bypass that restriction.
Mava AI Beta
SatoshiXXX
How will this go to usual holder? Direct transfer?
Mava (AI Support)
The revenue switch mechanism in Usual involves redirecting the treasury accrued from interest earned on USD0 collateral as dividends to USUALx holders. This ensures that users must stake USUAL to claim economic value when the revenue switch is activated.
Mava AI BetaSatoshiXXX
Can anyone helps me to understand the revenue switch mechanics?
Gunner funk
How much fees goes towards USYC and M for acquiring tokenized bonds
Binsuleiman
Hi
Payel73
12/24/2024 at 07:30:36 ESTwhat airdrop galax user
Mava (AI Support)
When unstaking USUALx, if you are routed through the secondary market, you are essentially swapping rather than unstaking, which means there is no direct unstaking fee. However, the secondary market may still price in the unstaking fee for arbitrage purposes, which could result in receiving less USUAL than expected. In general, there is a 10% unstaking fee on the unstaked amount.
Mava AI Beta
Sammyy
Why when unstaking usual x sometimes do not have 10% fees and sometimes do
LiCrazy
DO we have some reward about $Eqb vote to usualX pool ?
AkramBENNANI
thank you
famousfxck
# ๐ฉใsupport-contact
AkramBENNANI
can i have the adress mail i can contact please
Mava (AI Support)
If you encounter an issue, you can contact Usual Protocol support through their official channels, including email and community forums, for quick and effective assistance. Reference: 1
Mava AI BetaAkramBENNANI
if i have a probIem Iike this or a probIem with the website who can i contact pIease ?
ok thanks
famousfxck
Probably mistake from bot
Over a 4-year period yes. And if someone redeems USD0++ for USD0 on the primary market through the "Early Redemption Mechanism", he has to burn part of the $USUAL tokens that would've been minted.
(that's not live yet)
asot
Is there any information on how large this part of $USUAL tokens that would have been minted is? And when exactly in Q1 the Early Redemption feature will be implemented?
AkramBENNANI
hey , i've been expeIIed from taIking in the server for an hour , why did i get that ?
sanuxo
yah, but APY is dynamic, based on minting rate, usual price, etc.
Saifur
@Noรฉ please say something
Saifur
Wen galxe user can claim their airdrop????
DragDee
70 percent at a given time, as shown on the website?
What will be the APY if you keep usd0++ in morpho as collateral? Is it the same as if I just keep usd0++ in my wallet?sanuxo
yes
if I supply usd0++ in morpho and borrow usdc, will I get rewards(in usual) for my supplied usd0++?DragDee
What will be the APY if you keep usd0++ in morpho as collateral? Is it the same as if I just keep usd0++ in my wallet?
sanuxo
gmusual
Poopman
let it park
Im not moving my USD0++
How can we not be bullish on usual
msulc (๐,๐)
Thanks. I see that USYC is the token that backs USDO, right?
Mava (AI Support)
Usual plans to continue expanding its ecosystem by integrating with more blockchain networks and enhancing its cross-chain capabilities. They aim to become a leading stablecoin in both DeFi and CeFi by leveraging partnerships and strategic integrations. Usual is also focused on decentralizing governance and increasing community participation in decision-making processes. References: 1
Mava AI Beta
Jose LB
12/24/2024 at 06:25:13 ESTWhat future plans does Usual have? @Mava (AI Support)
Romanson
Thx, wrote you in X with small question about secondary. Would be pleased for reply
Mava (AI Support)
USD0 is already multichain, and you can deposit it in various protocols. However, specific exchanges or platforms for USD0++ are not detailed in the documentation. After TGE, there will be more integrations for USD0. Reference: 1
Mava AI Beta
kakax0788
is there any e-x-ch ange I can deposit usd0 or usd0++?
Noรฉ
Yes, Treasury Address here: https://docs.usual.money/resources-and-ecosystem/smart-contracts
msulc (๐,๐)
Cant find the live backing link
if I supply usd0++ in morpho and borrow usdc, will I get rewards(in usual) for my supplied usd0++?DragDee
if I supply usd0++ in morpho and borrow usdc, will I get rewards(in usual) for my supplied usd0++?
Noรฉ
I mean, if you want to OTC you should already know OTC desks
Poopman
business as $usual
Noรฉ
lmfao
Aurelou
Guy asking where to OTC to team ๐คฃ๐คฃ๐ญ
Noรฉ
Noรฉ
Team & Advisors are selling no tokens lmao
Aurelou
Lmao
Romanson
Could you recommend which of them Team/Advisors prefer? ))
msulc (๐,๐)
Is there a way to check the backing of usd0 in real time?
Brave
hi, my friend cant enter usual discord by my invite link, can anyone from team let him in?
Bro, can we somehow discuss OTC deal for Usual* tokens?
Are you planning to offer them for very engaged community members? ))Noรฉ
Gm, if you're searching for OTC you should reach out to OTC desks, not us :)
Romanson
Bro, can we somehow discuss OTC deal for Usual* tokens? Are you planning to offer them for very engaged community members? ))
OxygenG
tbh I don't see the point in holding USUAL; just hodl USUALx instead. @falaoaoo eventually there are DEX markets where you can trade USUALx to USUAL/USD0 wth lower fees than 10% unstake (you can actually stake to USUALx buy swapping USUAL to it against someone else and they'll give you a higher rate than staking it yourself)
falaoaoo
Okay
Mava (AI Support)
The total supply has not changed, and the issue seems to be a display problem. The total supply remains at 4 billion, with 300 million circulating on Binance, and an additional 38 million minted but not yet distributed as rewards.
Mava AI Betafalaoaoo
Are there more than three million tokens left in the reward?
falaoaoo
How many more rewards are there? I have tens of thousands of tokens on hand
Anyone who knows tell me?
falaoaoo
Are there always rewards for staking USUALx? Or is there a limit to the number of rewards?
DrUky
exited staking through secondary market yesterday, made around 50k$ profit, because I am not comfortable with the 10% fees and don't know for how long secondary market would price it as high. Still keeping my usd0+ and would be pleased to enter again usualX when the 10% will be removed
but to claim the USUAL, I have to sign contract TXs with the cold wallet to claim? if I send the USD0++ back to my hot wallet can I claim what has been unclaimed when it was in my cold wallet? sorry for the spam and confusionMava (AI Support)
You can transfer USD0++ to your hot wallet, but any rewards accumulated while it was in your cold wallet will remain associated with the cold wallet. If you transfer during a reward cycle, the rewards before the transfer will be credited to the cold wallet, and rewards after the transfer will be credited to the hot wallet.
Mava AI BetaOxygenG
but to claim the USUAL, I have to sign contract TXs with the cold wallet to claim? if I send the USD0++ back to my hot wallet can I claim what has been unclaimed when it was in my cold wallet? sorry for the spam and confusion
hi there, another question. While I have already had the liquidity in Earn, If I join USD0++ in the middle of the current cycle, does it reset my 24 hours countdown? Does it change my liquidity reward amount or cycle? ThanksMava (AI Support)
Joining USD0++ in the middle of the current cycle does not reset your 24-hour countdown. Your rewards will still be calculated based on the cycle you joined. However, your liquidity reward amount may be affected as it will be calculated from the time you joined USD0++ within that cycle.
Mava AI Betappbbvoid
hi there, another question. While I have already had the liquidity in Earn, If I join USD0++ in the middle of the current cycle, does it reset my 24 hours countdown? Does it change my liquidity reward amount or cycle? Thanks
im currently selling hella stocks as i fear a regression, once I buy USD0 and stake it for usd0++; can I transfer it to my ledger wallet and be receiving USUAL rewards there? do I need to sign contract from the hardware/cold wallet? with usualx is fienMava (AI Support)
Yes, you can transfer USD0++ to your Ledger wallet and still receive USUAL rewards. USD0++ is a liquid staking token, and holding it in your wallet is sufficient to earn rewards. You do not need to sign a contract from your hardware wallet to receive these rewards. As for USUALx, it acts like a vault share, and you can manage it similarly. References: 1,2
Mava AI BetaOxygenG
im currently selling hella stocks as i fear a regression, once I buy USD0 and stake it for usd0++; can I transfer it to my ledger wallet and be receiving USUAL rewards there? do I need to sign contract from the hardware/cold wallet? with usualx is fien
Powder
is the current apy shown correct for usual X pool
when did usd0 first introduced
Hi, that's 100% planned, we just have to go through this end of the year period with christmas and everything
alluring_sparrow_79038
why the unstaking fee is 0
Noรฉ
that's a priority
UI can definitely be better for USUALx
@Noรฉ, UI/dashboard needs to be improved here to better reflect the rewards earned for holding $usualx imo
0xhilde
@Noรฉ, UI/dashboard needs to be improved here to better reflect the rewards earned for holding $usualx imo
Hey i have a probIem , i stacked usuaIx 3 days ago and its been Iike this this whoIe time , i didnt get anything nor did i see a cycIe0xhilde
on this you only see $usual rewards for holding $usdo++. for $usualx, rewards are auto-compounding, so you dont see them at the first glance (& dont have to claim them), if i got this right
Mava (AI Support)
For USUALx, rewards are supposed to be autocompounded. If your USUALx is not auto compounding, there might be an issue. Please ensure that you have staked correctly and check if there are any specific conditions or errors. If the problem persists, consider reaching out for support.
Mava AI Beta
abarev1905
i staked usual why my usualx is not auto compounding?
BingChilling
what different usual* and usualx
Powder
who holds usual* and how to track supply
what about SUI ? did you just close your eyes and pretend gazillion lock is never exists ?what about SUI ? did you just close your eyes and pretend gazillion lock is never exists ?Jose LB
12/24/2024 at 05:00:59 ESTI dont have SUI and i dont use SUI Network, so i cant talk about it
Mava (AI Support)
Powder
what is the smart contract control the minting rate
BingChilling
what about SUI ? did you just close your eyes and pretend gazillion lock is never exists ?
Powder
really?
Noรฉ
(it was actually over 12)
Powder
what is usual initial minting rate
Jose LB
12/24/2024 at 04:58:38 ESTSOL have more than 8% locked because SOL have infinite tokens. It's inflationary
Mava (AI Support)
The daily emission of USUAL tokens is calculated based on the protocol's performance indicators, such as TVL growth and interest rates. The emission model is designed to promote scarcity and align incentives for early adopters and long-term holders. The emission rate decreases as the TVL of USD0++ increases, ensuring that emissions remain lower than revenue growth. The emission strategy uses a dynamic supply-adjusted mechanism that adjusts daily emissions based on TVL growth and changes in interest rates of assets backing USD0. The minting rate is capped to prevent excessive emissions and can be further scaled by the DAO via USUAL governance. References: 1,2
Mava AI BetaPowder
how to calculate usual daily emission
the fee of the whole protocol not just myself
Powder
where can I check daily generated fee
Mava (AI Support)
There are currently no protocols for depositing USD0++ on Arbitrum. The team is actively working on this, and there will be progress soon. Please stay tuned for upcoming announcements.
Mava AI BetaPowder
can I stake usual on arbitrum
unknown l
this is a huge sol unlocks at $3 kind of situation
unknown l
yes
MrPotato
12/24/2024 at 04:03:48 ESTwhat happens to the tokens that weren't claim in option1 and 2 for the whales airdrop laim? or even in the shrimps claim
Mava (AI Support)
You can see your rewards directly on your dApp dashboard. If you are holding USD0++, rewards are distributed at the end of each 24-hour cycle under 'Pending Rewards'. For USUALx, rewards reflect live when you try to unstake.
Mava AI Betafamousfxck
Huge FOMO, full stake everything and keep stacking
I need to get as much USUAL as possible
In
When iUSD0++?
Sam
oh thanks, so usualx doesnt show up the countdown? im not a native english speaker sorry
matthias6763
How long do I have to stake usd0++ to See the first rewards?
famousfxck
Just full staked my bag ๐ซก๐ฅ
xart
Can somebody answer how long is block?
Fwank
Who can I speak to about current open roles at Usual? @Mr. Lin
xart
check # ๐คใtroubleshooting
Sam
):
usualx
xart
you are staking usd0 or usualx?
Hey i have a probIem , i stacked usuaIx 3 days ago and its been Iike this this whoIe time , i didnt get anything nor did i see a cycIeSam
same
Mava (AI Support)
If you are referring to USD0++ rewards, they are distributed at the end of each 24-hour cycle and can be seen under 'Pending Rewards' on your dApp dashboard. For USUALx, rewards are reflected live when you try to unstake, as they auto-compound into your USUALx position.
Mava AI Betaxart
how often new block comes?
i feel like am not getting enough tokens from Usualx stake. 3 days of stake and only 1 payout for 200 tokensMr. Lin
yes its not per daily but per block
i feel like am not getting enough tokens from Usualx stake. 3 days of stake and only 1 payout for 200 tokensMava (AI Support)
When you stake USUAL into USUALx, you receive a share of the staking rewards. USUALx acts like a vault share, meaning the rewards are reflected directly in its value rather than as additional tokens. Over time, your share will allow you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. It's normal not to see frequent payouts as the rewards are compounded within the value of USUALx.
Mava AI BetaMr. Lin
thanks!
Send this to inflict further emotional damage
Know anyone who fumbled twice and did not buy any $USUAL?
https://x.com/Usual_Intern/status/1871469918346166661
Send this photo to any of your friends to missed the dip twice give them the good ol' EMOTIONAL DAMAGE https://t.co/8qRHoCYbwi
 on X_.566edcc0-5e8d-4234-bad6-3e7a2f9b743c.jpeg)
Twitter โข 12/24/2024 03:16:13 ESTnihilistic button clicker
whats the DAO address for protocol revenues
yurchik_88
Same question
Poopman
Hey yal
แดนแดฟแญโฅรโฆโดโฎษโฑค/โ
Swapping usdo++ direct from dex is better option
Someone say ita anti for short-term investor but I staked usdo++ for two days unstaked them today I m able to claim my reward after 7 days please anyone can we invest for short-term or not???Mava (AI Support)
USD0++ is designed to encourage long-term engagement, but you can still invest for the short term. However, there may be mechanisms like unstaking fees or delayed reward claims that discourage short-term holding. It's important to understand these conditions before investing.
Mava AI Betaแดนแดฟแญโฅรโฆโดโฎษโฑค/โ
Someone say ita anti for short-term investor but I staked usdo++ for two days unstaked them today I m able to claim my reward after 7 days please anyone can we invest for short-term or not???
icarioth
Yes but i see amount of tokens before 10% fee and its lover ten amount i stake
Mava (AI Support)
When you unstake your USUAL tokens, a 10% fee is applied to the unstaked amount. This means you will receive 90% of the tokens you initially staked if you decide to unstake after just one day.
Mava AI Betaicarioth
After 1 day of stake usual i can unstake less tokens before 10% fee then i stake wtf ?
ramharjai
galxe checker link?
rahulyz1
12/24/2024 at 02:06:54 ESTWhen galxe user got usual Airdrop
leaet
when calculating earnings, what time does the day actually start?
Naka
mava is so smart. thanks
Mava (AI Support)
The high APY on Usual is due to the emission of new USUAL tokens. If there's a small percentage of the supply staked, all stakers share significant rewards. There are no hidden fees mentioned, but it's important to understand that high APYs can be influenced by market conditions and token emissions.
Mava AI BetaNaka
also, the APY is so high. whats the catch? will there any hidden fee?
Mava (AI Support)
To deposit, you need to have USDC on the Ethereum Mainnet. You can then use the Usual Counter to deposit USDC and receive USD0. The system will automatically choose the best route for you. However, direct minting of USD0 on Arbitrum is not available yet, but you can bridge USD0 and USD0++ to and from Arbitrum. References: 1,2
Mava AI BetaNaka
hey fam, how to deposit? just load usdc from eth mainnet then bridge to usd0?
Mava (AI Support)
The Galxe reward will be part of an upcoming airdrop where all Galxe participants will enjoy a 1:1 XP-to-Pills conversion rate. The specific timing for when Galxe pills will be counted hasn't been detailed yet, but they will be part of the airdrop process.
Mava AI Beta
Sanoma
when is galxe rewad ?
Wealth
Claim link pls
Wealth
Where's the link to claim
Wealth
Galxe users when claim?
EmielRegis
12/24/2024 at 01:53:25 ESTwill rewards be calculated retrospectively for holding usd0++ in new morpho pool with chainlink oracle?
AkramBENNANI
constantIy
AkramBENNANI
no its 10% for now
Haider
12/24/2024 at 01:50:44 ESTexplain YT USD0++ APY
0xalicej
Does that... go down with time? It's static?
0xalicej
Anyone know what the unstaking fees are for xUSUAL -> USUAL?
โvesalinoโ 'Reddio'
12/24/2024 at 01:49:18 ESTexactly
Haider
12/24/2024 at 01:43:02 ESTanyone explain YT USD0++ APY
Do i get usual rewards when i mint usd0 ?
If i stake usd0 and got usd0++ then used it in pundle to buy pt will the usual rewards keep coming ?Talal
Do i get usual rewards when i mint usd0 ? If i stake usd0 and got usd0++ then used it in pundle to buy pt will the usual rewards keep coming ?
ๅๅๅ
I bought YT for USD 0, held it for three hours, and then sold it. Can I get usual๏ผ
Mava (AI Support)
APY, or Annual Percentage Yield, represents the real rate of return earned on an investment, taking into account the effect of compounding interest. In the context of Usual, the APY is calculated based on emissions and the pre-market price of $USUAL, and it is displayed live on the dApp for all Usual products.
Mava AI BetaMava (AI Support)
To interact with the Usual protocol, you need to use the Ethereum network. The Phantom wallet is primarily used for Solana, so you would need a wallet that supports Ethereum to send USDC for use with Usual.
Mava AI Beta
Doki
what will be the network?can i send usdc from my phantom wallet?
Mava (AI Support)
To deposit funds into your Usual wallet, you need to transfer eligible on-chain assets into the Usual protocol in exchange for USD0, the stablecoin of Usual. Make sure you have the necessary assets and follow the protocol's instructions for depositing. Reference: 1
Mava AI BetaDoki
Hi guyz..how to deposit funds to my usaul wallet?
zo
can u check 72699?
leaet
when calculating earnings, what time does the day actually start?
Yes thanks for the detailed explanation, I have to clarify one point , does this mean I will forgo the rewards for usualx ? (E.g 10 % pool of unstacked usualx)Mr. Lin
Yes you will not generate any rewards of holding Usualx, if you buy PT.
Ok. If you purchase PT, you're essentially doing a timed deposit.
At maturity date, you will be eligible to receive your principal amount + your rewards together.youdi
Yes thanks for the detailed explanation, I have to clarify one point , does this mean I will forgo the rewards for usualx ? (E.g 10 % pool of unstacked usualx)
Mr. Lin
So unlike YT-Usd0++, which reward is claimed on Usual website, YT-Usualx reward is claimed on Pendle.
For YT, you will be able to claim your rewards periodically on Pendle, however, your principal amount of Usualx will go to 0 on maturity.
Ok. If you purchase PT, you're essentially doing a timed deposit. At maturity date, you will be eligible to receive your principal amount + your rewards together.
youdi
Yes
The rewards for usualx swap on pendle , how it will be credited ? As usual ? Usual x coin ?
As of now the usual platform doesnโt track the reward for usualx swap on pendle.Mr. Lin
By swap, i suppose you mean purchasing YT and PT on Pendle?
If I participate in liquidity USD0/USD0++, do I still get the USD0++'s reward at the same time?ppbbvoid
If I participate in liquidity USD0/USD0++, do I still get the USD0++'s reward at the same time?
youdi
The rewards for usualx swap on pendle , how it will be credited ? As usual ? Usual x coin ? As of now the usual platform doesnโt track the reward for usualx swap on pendle.
Hello, I have a question about liuquidity USD0/USD0++. Do I still get the staking reward for the USD0++ portion if I join the liuquidity?Mava (AI Support)
Yes, holding USD0++ in your wallet is enough to keep your Final Boost/Multiplier, and you do not need to participate in liquidity providing or other activities to maintain it.
Mava AI Betappbbvoid
Hello, I have a question about liuquidity USD0/USD0++. Do I still get the staking reward for the USD0++ portion if I join the liuquidity?
Mr. Lin
Its okay, but I still don't quite get your question. Which part are you confused with?
youdi
Fine sorry I might have used the wrong word , the right word is swap
Is there difference on the rewards that we get if we stake usualx on usual VS pendle platform ?Mr. Lin
Its a whole different mechanism, go read Pendle's in app education docs to have a better understanding of what PT and YT in Pendle is
Pendle intern did a great job explaining about usualx staking in pendle.
But I got confused when the reward state that we usual tokens.
Unlike usualx that we will get more usualx tokens.
Pls clarify . Thanks !Mr. Lin
Dont understand your question, there's no such thing as staking Usualx in Pendle.
In
When iusd0++
treebeard
Previously it was calculating based on all $usual in circulation, now it's just using $usualx, which would likely be more accurate
siddhivinayak
galxe users airdrop when
Gunner funk
Any explanation for this one? How did the apy jump from 11 to 36% overnight
Cryptocurrency
How do you receive the airdrop and of what ??
Cryptocurrency
Whats the ratio??
Mava (AI Support)
To calculate earnings for liquidity provision for less than a day, you would typically need to consider the proportion of the day the liquidity was provided and the daily yield or rewards rate. If the daily yield is known, you can prorate it based on the time the liquidity was actually provided. For example, if the daily yield is X and the liquidity was provided for half a day, the earnings would be approximately X/2.
Mava AI Betaleaet
How to calculate the earnings when LP adds liquidity for less than a day?
dฮrkfingah | SBC
There is immense chat bloat ... maybe make Mava only available in some BOT SAPPORT channel
Mava makes ppl lazy to search chat
Mava (AI Support)
USUALx acts like a vault share, meaning rewards are reflected directly in its value. They are not shown under 'Pending Rewards', unlike USD0++ related rewards. You can see the rewards when you try to unstake.
Mava AI Beta
Krapinammm ^^
why i dont see rewards in my usualx?
Cryptoloud"
Galxe for fun
Mava (AI Support)
When you withdraw your USD0 liquidity, the pending rewards you have accumulated will still be credited to you. You can see your rewards directly on your dApp dashboard, and they will be available for you to claim.
Mava AI Beta
Sayooj
12/23/2024 at 23:10:26 ESTIf I withdraw the usdo liquidity, what will happen to the pending rewards? Will it credit?
Usual
0x
anyone help with this? thx
The minting factor is live on the UI and you can check distributions through our smart contracts
Cordyceps
1. Is this the distribution CA: 0x75cC0C0DDD2Ccafe6EC415bE686267588011E36A? 2. In which timeframe do these rewards get distributed?
0x
Is there a way to programmaticaly get the usualx<>usual yield rate?
SatoshiXXX
Yes, it is a security, and that's why i love it
Gunner funk
If USUALx holder's get "Dividends" then USUAl is considered as a security isn't it
Was it APR APY switch?
Mava (AI Support)
The projected APY increase from 11% to 36% after the revenue switch is likely due to the activation of the revenue switch mechanism. This mechanism redirects the treasury accrued from interest earned on USD0 collateral as dividends to USUALx holders. As a result, the APY increases because more revenue is being distributed to stakers.
Mava AI BetaGunner funk
How did the projected APY after revenue switch rise from 11% to 36%?
Pendle intern did a great job explaining about usualx staking in pendle.
But I got confused when the reward state that we usual tokens.
Unlike usualx that we will get more usualx tokens.
Pls clarify . Thanks !Mava (AI Support)
When you stake USUAL tokens, you receive USUALx tokens, which act as a vault share. This means that your rewards are reflected in the value of USUALx rather than as separate tokens. As time goes by and rewards accumulate, the amount you can unstake increases. However, unlike USD0++ rewards, these rewards do not appear as 'Pending Rewards.'
Mava AI Betayoudi
Pendle intern did a great job explaining about usualx staking in pendle. But I got confused when the reward state that we usual tokens. Unlike usualx that we will get more usualx tokens. Pls clarify . Thanks !
Nanobro
does YT have the 10% fee too?
youdi
Other than the yield %
Is there difference on the rewards that we get if we stake usualx on usual VS pendle platform ?
Mava (AI Support)
Yes, USUALx is designed to provide increasing rewards over time for those who stake their USUAL tokens. The fewer users that stake their USUAL, the greater the rewards for those who do, creating an ever-growing yield for long-term participants.
Mava AI Beta0x
Can I assume that usualx <> usual token will gradually increase on smart contract level?
RaiTanCLONE
12/23/2024 at 22:00:43 ESTwwen galxe reward distribute?
DogeSaldanha
12/23/2024 at 21:33:37 ESTCan't you sell on the secondary market to avoid the unstaking fee?
@Mava (AI Support) , how long do you think the protocol can supprt such high yields by distributing usual tokens to USD0++ stakers?monti3082
@Mava (AI Support) , how long do you think the protocol can supprt such high yields by distributing usual tokens to USD0++ stakers?
Mava (AI Support)
The high yields on USD0++ are due to the dedicated part of the $USUAL emission that goes into rewarding the Curve pools, among other factors. Only 12% of the total TVL is being LP'd on Curve, while they shared 20% of the last cycle's rewards, contributing to the high yield.
Mava AI Betamonti3082
@Mava (AI Support) , how come the yields on USD0++ so high?
Mava (AI Support)
The yields on USD0 are high because a dedicated part of the $USUAL emission is allocated to rewarding the Curve pools, among other components like native USD0++, Ecosystem, and DAO. The yield is particularly high because only 12% of the total TVL is being LP'd on Curve, while they shared 20% of the last cycle's rewards.
Mava AI Betamonti3082
@Mava (AI Support) , how come the yields on USD0 are so high?
monti3082
Thanks @Meris do you understand how the yields are so high on USD0?
you can ask mava or people will just answer you, disable ur pms on this server, many people been scamed so farUsual
Meris
you can ask mava or people will just answer you, disable ur pms on this server, many people been scamed so far
Mava (AI Support)
The yield from Real-World Assets (RWAs) like U.S. Treasury Bills is not primarily driven by inflation. Usual Money's protocol offers enhanced yields through innovative products such as USD0++, which allows users to earn rewards in USUAL tokens. The yield is a combination of the returns from these RWAs and additional incentives provided by the protocol, not just inflation. Reference: 1
Mava AI Betamonti3082
the yields from real world assets are not 76% so is the yield mainly inflation?
Meris
monti i highly advise you
Usual
Mava (AI Support)
The revenues from the Usual protocol primarily come from Real-World Assets (RWAs) like U.S. Treasury bills, which are tokenized and used as collateral. The protocol generates revenue through the yield from these assets, which is then distributed to the community via governance tokens. References: 1,2
Mava AI Betamonti3082
where are the revenues from the protcol are coming from?
0IIIII0
You can ping @Charles | ๐ ฐRB for guide
Mava (AI Support)
You can check the distribution of USUAL tokens on the smart contracts. For detailed information, you can visit: Usual Smart Contracts.
Mava AI Betamonti3082
where can i see usual token current distribution?
andrewdubai
I already did
Meris
๐ฅน
Charles | ๐ ฐRB
12/23/2024 at 21:14:57 EST@andrewdubai please check on your dashboard
andrewdubai
I used to put more but i just receive 2K Usual airdrop....
Meris
is that 3 mil? oO
monti3082
Can you provide a link to view it?
andrewdubai
hello, when USUAL pending rewards will be available? after 7 days or more? is it possible to don't claim and receive USD0?
Mava (AI Support)
You can view the Usual protocol revenue through the $USUAL token distribution, as it is revenue-based. The distribution is done through the $USUAL token, which reflects the protocol's earnings.
Mava AI Betamonti3082
where can I see Usual protocol revenue?
Mava (AI Support)
A vault share, like USUALx, represents your share of the total assets and rewards in a vault. When you stake USUAL tokens, you receive USUALx tokens, which act as a vault share. This share appreciates in value as the vault accrues yield over time. The value of your USUALx increases with the rewards accumulated in the vault, allowing you to withdraw more than you initially deposited when you decide to unstake. References: 1,2
Mava AI Betafredchan17999
Can u tell me how vault share work, Iโm new to this @Mava (AI Support)
I have already stake USD0++, why hasn't there been a countdown for that Next Cycle in yet? Is it necessary to stamp for more than 24 hours and wait until the Pending Rewards are greater than 0 before there will be a countdown?Mava (AI Support)
You should see a countdown for the next cycle once you have staked USD0++. If you don't see it, try clearing your cache, cookies, reconnecting your wallet, and switching networks. The countdown should appear regardless of the pending rewards amount.
Mava AI BetaI think stake and unstake conversion base on price difference ratio between USUALX and USUAL, is that right @Mava (AI Support)Mava (AI Support)
No, the conversion between USUAL and USUALx is not based on a price difference ratio. USUALx acts like a vault share, representing your share of the vault and rewards. The notional (dollar) value doesn't change.
Mava AI Betafredchan17999
I think stake and unstake conversion base on price difference ratio between USUALX and USUAL, is that right @Mava (AI Support)
FilipeBR80
Okay, I know, but it's shown the amount before the fees and that amount is what's falling.
Good night.
I noticed that if I withdraw my usualx from staking over time it seems that fewer tokens will be withdrawn, before the fees...Mava (AI Support)
When you withdraw your USUALx from staking, the amount you can withdraw is affected by the 10% unstaking fee. Over time, your vault share increases in worth, allowing you to withdraw more than you initially deposited, even after accounting for the fee. However, the fee is always applied to the unstaked amount.
Mava AI BetaFilipeBR80
Good night. I noticed that if I withdraw my usualx from staking over time it seems that fewer tokens will be withdrawn, before the fees...
nihilistic button clicker
hi @Noรฉ , what is the DAO address? DAO daily $usual reward is also subject to 1y vesting period , correct? may i understand more about the DAO ability to defend USD0/USD0++ peg under the Parity Arbitrage Right ? under this right, may i confirm that the 1y vesting period of the daily USUAL distribution is immutable ? (ie. during peak distress, the 1y vesting period cannot be shortened to defend the peg) also, where can i burn USUAL to redeem USD0++ into USD0? i cannot find this redemption on your website
Justeraaaa
when galxe reward?
asad
How much reward usual is currently offering
when will be claiming reward on arbitrum chain enabled?
gas fee is like thousand times cheaper compared to eth mainnetMava (AI Support)
Claiming rewards on the Arbitrum chain is not yet enabled. The team is actively working on expanding functionalities on Arbitrum, and updates will be provided soon. Please stay tuned for announcements.
Mava AI Betanyandoggo
when will be claiming reward on arbitrum chain enabled? gas fee is like thousand times cheaper compared to eth mainnet
Mava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share, meaning your rewards accrue and autocompound. However, they do not show up under the classic 'Pending Rewards' section. You can see them when trying to unstake.
Mava AI Beta0x
Does UsualX staking show up in the Earn dashboard page? Or is it just auto-compounding?
asad
I mean how much yeild usual is offering?
Mava (AI Support)
Staking yield refers to the rewards or returns you earn by participating in a staking process. In the context of Usual, when you stake your tokens, you earn yield in the form of additional tokens, such as USUAL tokens, as a reward for helping to secure the network or protocol. Reference: 1
Mava AI Betaasad
What is staking yeild?
0x
I refreshed a few times it still shows zero
Mava (AI Support)
The unstaking fee for USUALx is typically 10% of the unstaked amount. If the fee is shown as zero, it might be a display issue. Please ensure that you are viewing the most updated version of the platform. If the issue persists, it might be helpful to contact support for further assistance.
Mava AI BetaCharles | ๐ ฐRB
12/23/2024 at 20:43:34 EST@lockbenj please check on your dashboard
Usual
Gustavo
12/23/2024 at 20:36:56 ESTHow can I help you
krypt0man1ac
I received a steady value... Even if it's dropping
LN123321
my bad, it dropped 600% not 400%
621936
Staking for ppl who have extra money and not checking how much they get every hour . If u r in long term 1 year is nothing . But if u r in short term just hold them cheers ๐ฅ
LN123321
I think the unstake fee should decrease depending on the duration of your staking. The APY has dropped by 400% since I started staking.
I hope I won't need money* before 31/12/2025. Cause I won't unstake for any other reason.
*unexpected high expense
DraKryZ
well, the best is to not stake potential money you need XD
krypt0man1ac
I hope I won't need money* before 31/12/2025. Cause I won't unstake for any other reason. *unexpected high expense
DraKryZ
It's a potential scenario that you sign up when stake USUAL on not USD0
ArnaudB
I can understand that
LN123321
I plan to stake for 1 year, but having no profit for the first 3 months feels unfair to me.
Usual
ArnaudB
Iโve vaguely checked about a week ago. I forgot that Iโve bought 1200 on MEXC
DraKryZ
long term, stake, short term spot
ArnaudB
What would be the best strategy then? According to you
LN123321
yes , i know but the apy drop very fast
ArnaudB
Oh waaah
famousfxck
Donโt accept DMs
DraKryZ
Well. Staking is not supposed to be for days timeline
LN123321
it's apy not apr, I staked 4800 usual and get 18 tokens per day. Unstake fee is 480...
ArnaudB
APY sorry
DraKryZ
APY*
Charles | ๐ ฐRB
12/23/2024 at 20:26:58 EST@ArnaudB you can check on your dashboard
ArnaudB
How come?
No, 10% fee is a lot, it make me stake my tokens in 3 months for nothing according my calculationArnaudB
But the APR is 800% no?
LN123321
No, 10% fee is a lot, it make me stake my tokens in 3 months for nothing according my calculation
DraKryZ
read this up ๐ at # ๐ใofficial-links Gitbook
everything is in the doc
Rochdi
what i see is that the price of your USD0++ can change and not follow 1:1 rate !
DraKryZ
So in fact usd0, you never have loss. While usual you can have loss.
usd0 is a stable coin. usual is a Governance Token, it's value fluctuate.
ArnaudB
Have a good one, Iโm going to stake my token cheers
Rochdi
yes sure ! can you please explain the diff and the 2 mindset ? i think more gain in usualx
ArnaudB
But might be subject to change
ArnaudB
Iโd say USUAL
ArnaudB
I believe that question have already been answered
DraKryZ
there is no best. It depends on your mindset
Rochdi
the best is to stake usd0 or USUAL ?
if i sell my usualX in the market i will not receive rewards any more ? the buyer now will receive the rewardsDraKryZ
which is logic since you sold your USUALx to someone else
Rochdi
explain this about staking $USUAL your rewards accrue and auto-compound ! ?
Usual
if i sell my usualX in the market i will not receive rewards any more ? the buyer now will receive the rewardsGustavo
12/23/2024 at 20:18:08 ESTHow can I help you
ArnaudB
Thank you ๐
if i sell my usualX in the market i will not receive rewards any more ? the buyer now will receive the rewards
Whatโs the best plot and the best platform to stake USUAL token to maximize rewards ? Do you have a scheme ?Mava (AI Support)
To maximize rewards when staking USUAL tokens, you should stake them into USUALx. This is the staking feature within the Usual protocol, which allows you to earn rewards every block. USUALx acts like a vault share, meaning your rewards accrue and auto-compound over time. There is no locking period for staking USUAL into USUALx, providing flexibility. Unfortunately, I don't have a specific scheme or plot to share, but using USUALx is the recommended approach for maximizing rewards. References: 1
Mava AI BetaRochdi
if i sell my usualX in the market i will not receive rewards any more ? the buyer now will receive the rewards
ArnaudB
Whatโs the best plot and the best platform to stake USUAL token to maximize rewards ? Do you have a scheme ?
Usual
Gustavo
12/23/2024 at 20:16:46 ESTHow can I help you
ArnaudB
Shall we stake the USUAL token on the platform ?
Usual
Gustavo
12/23/2024 at 20:15:45 ESTHow can I help you
tell me about USUAL and USUALX i have USUAL in my wallet so there value follow the prices in exchanges ! can i get rewarded just with holding USUAL ?Mava (AI Support)
USUAL is a revenue-based token that functions as the governance and reward token of the Usual Protocol. It enables participation in the ecosystem and aligns user incentives with the protocolโs growth. USUALx, on the other hand, is the staked version of USUAL, offering governance participation, economic rights, and compounding rewards. By staking USUAL to get USUALx, you can earn rewards. Simply holding USUAL in your wallet does not provide rewards; you need to stake it to benefit from the rewards system.
Mava AI BetaRochdi
tell me about USUAL and USUALX i have USUAL in my wallet so there value follow the prices in exchanges ! can i get rewarded just with holding USUAL ?
Mava (AI Support)
The $USUAL token serves multiple purposes within the Usual ecosystem. It represents ownership in the protocol's revenue, allowing holders to benefit from the protocol's growth. You can stake $USUAL to earn more $USUAL and participate in governance decisions, such as decisions on collateral types and rewards distribution. Additionally, $USUAL can be used to unlock staked USD0++ before the 4-year period ends. References: 1,2
Mava AI BetaArnaudB
What can I do with $USUAL token ?
Usual
Gustavo
12/23/2024 at 20:13:27 ESTHow can I help you
ArnaudB
All good thanks ! Getting familiar with the chat
Rochdi
so the wallet where USD0++ is saved is the wallet where the reward will be send ?
Usual
Gustavo
12/23/2024 at 20:12:54 ESTHow can I help you
ArnaudB
Do you know secondary markets to buy USD0++?
if i sell my USD0++ in the secondary market and my USD0 is still staked chat will happen ? i can still be rewarded ?Mava (AI Support)
If you sell your USD0++ on the secondary market, you are effectively transferring the staked position to another party. Therefore, you will no longer receive rewards from that USD0++ as the new holder will be entitled to the rewards. USD0++ represents staked USD0, and selling it means you are giving up the associated staking benefits. Reference: 1
Mava AI BetaRochdi
if i sell my USD0++ in the secondary market and my USD0 is still staked chat will happen ? i can still be rewarded ?
what i can't understand is the ration 1:1 or why USD0++ will change the price in higher or in less ? why somone will swap and buy USD0++ from the secondary market if he can go and stak and get the same amount ?Mava (AI Support)
USD0++ can be bought from the secondary market for liquidity and yield opportunities without waiting for the staking period. The price of USD0++ may vary due to market conditions, demand, and the yield it offers. Buying from the secondary market allows users to access USD0++ immediately, which might be beneficial if they want to avoid the staking lock-up period or if they believe the market price is favorable. References: 1,2
Mava AI BetaRochdi
what i can't understand is the ration 1:1 or why USD0++ will change the price in higher or in less ? why somone will swap and buy USD0++ from the secondary market if he can go and stak and get the same amount ?
Rochdi
what i can't understand is the ration 1:1 or why USD0++ will change the price in higher or in less ? why somone will swap and buy USD0++ from the secondary market if he can go and stak and get the same amount ?
Charles | ๐ ฐRB
12/23/2024 at 20:06:19 EST@Rochdi you can also check on dashboard
Mava (AI Support)
When you stake USD0, the rewards are typically distributed according to the protocol's reward schedule. The specific timing and location of the rewards distribution can vary, so it's best to check the Usual Money platform or their official documentation for precise details.
Mava AI BetaRochdi
if i stack USD0 when i will get the reward ? and where ?
Rochdi
swap USD0++ for what for exemple ?
Mava (AI Support)
It seems like you might be using the secondary market to swap instead of unstaking directly. When you use the secondary market, it is essentially a swap, not an unstake. If you want to unstake directly, ensure you are using the correct option on the dApp. If the issue persists, please let me know, and I can assist further.
Mava AI BetaRochdi
swap USD0++ for what for exemple ?
Anyone knows how to see the amount of reward for staking USUAL on Debank, I only see my total amount ๐ฆMava (AI Support)
When you stake USUAL into USUALx, it acts like a vault share. This means that your rewards accrue and autocompound, and you can see them when trying to unstake. They do not show up under the classic 'Pending Rewards'. You should be able to check the amount of USUAL you have in Debank, but the rewards are reflected in the increased amount you can unstake over time.
Mava AI Beta
alucard
im trying to unstake on dapp but only shows me the swap
fredchan17999
Anyone knows how to see the amount of reward for staking USUAL on Debank, I only see my total amount ๐ฆ
Mava (AI Support)
You can still unstake, but if you are using the secondary market, it is essentially a swap, not an unstake. This means there is no unstaking fee when swapping USUALx to USUAL. However, the secondary market might price in the unstaking fee for arbitrage purposes.
Mava AI Betaalucard
we cant unstake anymore? just swap rn?
but what if the convertion rate btw USD0 and USD0++ is always 1:1 ? if we stake 100 will get 100 and then it wil increses 105 USD0++ and after a year will have 1000 USD0++ ? it's like that ?Mava (AI Support)
The conversion rate between USD0 and USD0++ is not always 1:1. USD0++ is designed to provide enhanced yields, meaning that over time, the amount of USD0++ you hold can increase due to the yield mechanisms in place. However, the exact increase depends on the yield rates and the duration of staking. It's not a fixed increase like reaching 1000 USD0++ in a year from 100 USD0++.
Mava AI BetaRochdi
but what if the convertion rate btw USD0 and USD0++ is always 1:1 ? if we stake 100 will get 100 and then it wil increses 105 USD0++ and after a year will have 1000 USD0++ ? it's like that ?
Mava (AI Support)
A vault share is calculated based on your proportion of the total assets and rewards in the vault. When you stake USUAL tokens, you receive USUALx, which represents your share of the vault. The value of USUALx increases over time as rewards accrue, reflecting your growing share of the vault's total assets.
Mava AI Betafredchan17999
@Mava (AI Support) how is 'vault share' calculated?
@Mava (AI Support) what is "share vault" you talked to me for receving reward from staking USUALX?Mava (AI Support)
A 'vault share' refers to your proportional share of the rewards accumulated in the vault when you stake USUAL into USUALx. It means that instead of receiving rewards separately, your share of the vault increases as rewards accumulate. This is why the conversion rate between USUAL and USUALx is not 1:1.
Mava AI Betafredchan17999
@Mava (AI Support) what is "share vault" you talked to me for receving reward from staking USUALX?
yup I understand the fee. I mean in case we stake for a long time, the reward will come from different between USUAL:USUALX ratio right?
hello World, i'm new in the project i'm reading about it, can you guys i simple words give me more details about what we can stake and for what ? i mean i stake 100 USD0 i will get 100 USD0++ ok but what else and i wich condition and wlaim it ? other point why we are talking about a secondary market to swap USD0++ but why someone in the secondary will buy my USD0++ ? and same thing also for $USUAL stacking for $USUALX ? thanksMava (AI Support)
Welcome to the project! Here's a simple breakdown: 1. Staking USD0: When you stake 100 USD0, you receive 100 USD0++. USD0++ is a staked version that potentially earns you additional yields. You can claim these yields based on the protocol's conditions, which usually involve holding USD0++ for a certain period. 2. Secondary Market for USD0++: The secondary market allows users to swap USD0++ without unstaking. Someone might buy USD0++ on the secondary market to gain exposure to the yields without going through the staking process themselves. 3. Staking USUAL for USUALx: Similar to USD0, when you stake USUAL, you receive USUALx. This allows you to participate in governance and potentially earn rewards. The secondary market provides liquidity and flexibility for users who want to trade their staked assets without waiting for the unstaking process.
Mava AI BetaDraKryZ
since there is an adress, probably
Rochdi
hello World, i'm new in the project i'm reading about it, can you guys i simple words give me more details about what we can stake and for what ? i mean i stake 100 USD0 i will get 100 USD0++ ok but what else and i wich condition and wlaim it ? other point why we are talking about a secondary market to swap USD0++ but why someone in the secondary will buy my USD0++ ? and same thing also for $USUAL stacking for $USUALX ? thanks
USUALX:USUAL will be change, the longer we stake the bigger ratio increase I think so. We may dont see the number of token i crease, but the price change621936
No . Example I get 100 usual convert to xusual 90 . Wen u check ur 90 xusual and try to swap it will give 101 . So if u want unstake u will get 91 PCs after gas fee . Unstake fee need week - 2weeks to get even . So stake only for long term
you put your USUALx in the text field of USUALx in stake menu (not UNSTAKE). And you will have your current USUALfredchan17999
yea I just tried to explain as what I understand so TanungNi can get it
@DraKryZ will debank work for Binance web3 wallet sir?
DraKryZ
you put your USUALx in the text field of USUALx in stake menu (not UNSTAKE). And you will have your current USUAL
PapG
With the current and future APY rates, I don't know when I will be able to recover my initial investment lol
TanungNi
ok thanks lemme check
DraKryZ
if you have 188 USUALx
It's 100% 208.2 more or less
Check debank.com/profile/yourportfolioadress
fredchan17999
Am I right?
USUALX:USUAL will be change, the longer we stake the bigger ratio increase I think so. We may dont see the number of token i crease, but the price change
621936
Nope
BRO, i tell you, you gain 8 USUAL.
USUALx won't be up. It is the ratio USUALx => USUAL which changes.TanungNi
it automatically changes to usual back ? wth im trippied
fredchan17999
I asked Mava yesterday and she said that the reward doesnt come from we receive new token, it come from share vault or something. It mean when you stake it longer, then you will see the more USUAL you receive when unstake. I dont clealy understand but I belive it work
Mendasuci
stake usd0 is there a 10% fee like usual staking?
DraKryZ
BRO, i tell you, you gain 8 USUAL. USUALx won't be up. It is the ratio USUALx => USUAL which changes.
Mava (AI Support)
The primary swapping market for USD0 is the Usual Protocol itself, where you can mint USD0 by depositing USDC. However, USD0 can also be swapped on secondary markets, such as decentralized exchanges (DEXs). Reference: 1
Mava AI Betadannnny
What is the primary swapping martket?
Mendasuci
we can withdraw our usd0 anytime ?
TanungNi
bro it's still 188 , what do u even mean it's gained
Mendasuci
stake usd0 get reward usual right ? we can withdraw reward after 7 days ?
DraKryZ
you gained 8 USUAL
TanungNi
huh
TanungNi
usualx
DraKryZ
You have 208.2 more or less
TanungNi
nothing increased or re - compounded
621936
U stake usd0+ or usual
DraKryZ
Check debank, it will display 221.48 more or less
can someone check my problem , i stake like 200 usualx 5-6 days ago and im only getting this amount till this day , is it normal or website error?PapG
can you show me how?
can someone check my problem , i stake like 200 usualx 5-6 days ago and im only getting this amount till this day , is it normal or website error?
R
check on debank
Stravia.sui
12/23/2024 at 19:48:36 ESTHave you refreshed?
Stravia.sui
12/23/2024 at 19:48:24 ESTCheck your dashboard
TanungNi
nothing increased
PapG
thank you
TanungNi
i staked total 188 and still 188
Charles ^ ๐ซง
12/23/2024 at 19:47:48 ESTyou can check on dashboard
can someone check my problem , i stake like 200 usualx 5-6 days ago and im only getting this amount till this day , is it normal or website error?Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. If you are not seeing an increase, it might be due to the UI not reflecting the changes yet. You should compare the amount of USUAL you can withdraw when unstaking, as the rewards are auto-compounded into your USUALx position. If you still believe there is an error, please provide more details or contact support for further assistance.
Mava AI Betafamousfxck
Btw if you swap through secondary markets you wonโt pay a fee to unstake
R
best place to check it
and you'll see your tokens grow slowly in Debank
DraKryZ
yes 10% fee on it
R
yep
PapG
My debank showing 6.084 token, so if i'm unstake it will be 90% of that number right?
R
debank.com
Why my Usualx is about 5,500 token, but when I unstack it show me I have About 6,100 token Usual. Why the Usualx won't increase?R
check out your address in Debank. You'll see it all there
R
correct
PapG
Details Usualx: 5494 Before unstaking fee: 6,055.64 USUAL Unstaking fee: 0.00 USUAL Min. Received: 6,049.58 USUAL Is the 6,049.58 USUAL the real value if i'm unstake? This is current infomation i received on usual app
And this is way some people dont ask. After that msg i got a friend request and people in DM telling me to clic some link.Usual
JACH
And this is way some people dont ask. After that msg i got a friend request and people in DM telling me to clic some link.
Mava (AI Support)
If the 'Min. Received' shows 6,050 USUAL, this is the amount you will receive after accounting for the 10% unstaking fee. Therefore, if you are unstaking, you originally had approximately 6,722 USUAL staked (since 10% of 6,722 is approximately 672, leaving you with 6,050 after the fee).
Mava AI BetaPapG
the Min. Received show is 6,050 Usual so how much Usual left with if I Unstake?
JACH
Binance to Binance WEB3 AND then TO USUAL app?
Fwank
Who can I talk to about current open roles at Usual?
Why my Usualx is about 5,500 token, but when I unstack it show me I have About 6,100 token Usual. Why the Usualx won't increase?Mava (AI Support)
USUALx acts like a vault-share, meaning its amount remains constant. Over time, you're able to withdraw more USUAL with the same amount of USUALx. This is why your USUALx remains at 5,500, but you can unstack and receive about 6,100 USUAL.
Mava AI BetaPapG
Why my Usualx is about 5,500 token, but when I unstack it show me I have About 6,100 token Usual. Why the Usualx won't increase?
R
It's qute straighforward on the platform. Withdraw USUAL to your wallet, and then stake for UsualX
Charles ^ ๐ซง
12/23/2024 at 19:35:32 EST@JACH hello
JACH
If USUAL TEAM show how to do it for the new guys, more people will Stake.
Meris
1.42 already let's go ๐
R
everyone's buying, but nobody's selling. you do the math..
https://x.com/neverabear/status/1871351442176430168
$USUAL supply shock is real 23% of all circulating tokens are staked, and are therefore long term holders as you need to wait 20\+ days to make up for the 10% unstaking fee Users have been buying it on Binance and withdrawing to stake\. 40m tokens have been withdrawn in the last
 on X_.fd321b92-7e5f-4005-b1dc-fdafcc06d77f.jpeg)
Twitter โข 12/23/2024 19:25:26 EST
cryptokawaii
nice
famousfxck
Ohh so price of USUALx rebalances depending on USUAL price action ofc
Stravia.sui
12/23/2024 at 18:44:59 ESTAny luck @kiratsunami
@Mava (AI Support) so this means that USUALx will keep increasing in value compared to USUAL?Stravia.sui
12/23/2024 at 18:29:49 ESTObviously
Stravia.sui
12/23/2024 at 18:29:35 ESTMy message doesnโt seem to deliver. Perhaps you have to accept first @alisonheringer
@Mava (AI Support) so this means that USUALx will keep increasing in value compared to USUAL?Mava (AI Support)
Yes, USUALx represents a share of the vault and rewards, so its value increases over time compared to USUAL. This is because USUALx acts like a vault share, and the notional (dollar) value doesn't change.
Mava AI Betafamousfxck
@Mava (AI Support) so this means that USUALx will keep increasing in value compared to USUAL?
Stravia.sui
12/23/2024 at 18:25:43 ESTgo to your account settings or the main dashboard of the app youโre using. Look for a tab or menu labeled โActivity,โ โRewards,โ or something similar. It might also be under your profile or wallet section @alisonheringer
Stravia.sui
12/23/2024 at 18:24:08 ESTI sent it to you
alisonheringer
No, I didnt get how to find "All Activity" section.
@Mava (AI Support) why does the conversion rate of 1 USUAL to 1 USUALx decrease? First it was 0.93 and now itโs 0.90. Why?Mava (AI Support)
The conversion rate from USUAL to USUALx decreases because USUALx acts like a vault share, representing your share of the vault and rewards. As more rewards accumulate, the value of USUALx increases relative to USUAL, which can result in a lower conversion rate over time.
Mava AI Betafamousfxck
@Mava (AI Support) why does the conversion rate of 1 USUAL to 1 USUALx decrease? First it was 0.93 and now itโs 0.90. Why?
Stravia.sui
12/23/2024 at 18:22:30 ESTDid you get it?
alisonheringer
Sorry, where's this "All Activity" section? I guess I'm kind slow, couldnt find it...
Stravia.sui
12/23/2024 at 18:17:36 ESTYou can ask for guide on how to go about the sync task @kiratsunami
alisonheringer
Where can I see the rewards when trying to unstake?
kiratsunami
what is sync task ?
ok this is the strategy I got it
but how choose, how to go full YT ? all I see is "Keep YT mode" enabled which combines LP & YT
I don't see how to go full PT either, all I see is when the button is desactivated you can go full LPStravia.sui
12/23/2024 at 18:10:14 ESTTotally different. Going full YT is similar to that of the completion of the sync task @kiratsunami
famousfxck
You are on the LP tab pools
Tabs
Markets= PT or YT
ok this is the strategy I got it
but how choose, how to go full YT ? all I see is "Keep YT mode" enabled which combines LP & YT
I don't see how to go full PT either, all I see is when the button is desactivated you can go full LPfamousfxck
Pools= LP
PT= FIXED APY, never changed always same
YT= long APY, your position declines and becomes 0 but you get a very high amount of tokens
LP= liquidity poolPT= FIXED APY, never changed always same
YT= long APY, your position declines and becomes 0 but you get a very high amount of tokens
LP= liquidity poolfamousfxck
LP best if you want both sides
PT= FIXED APY, never changed always same YT= long APY, your position declines and becomes 0 but you get a very high amount of tokens LP= liquidity pool
I'm trying to read the doc, it's hard for a beginner I will be grateful if you would help me
And @Mava (AI Support) the initial time of staking the APY was at 10,000 now itโs under 10,000 each time the APY falls does not apply to my deposit or will still be rewarded on the APY I initially started the processMava (AI Support)
The APY you receive is not fixed at the rate when you initially staked. It can fluctuate based on various factors such as the number of stakers and the total rewards available. Therefore, if the APY decreases, it will affect the yield you receive.
Mava AI BetaDanny3
And @Mava (AI Support) the initial time of staking the APY was at 10,000 now itโs under 10,000 each time the APY falls does not apply to my deposit or will still be rewarded on the APY I initially started the process
I'm trying to read the doc, it's hard for a beginner I will be grateful if you would help meUsual
kiratsunami
I'm trying to read the doc, it's hard for a beginner I will be grateful if you would help me
@Mava (AI Support) the unstaking fee sometimes doesnโt show is it safe to assume I will not get the 10% deductionDanny3
@Mava (AI Support) the unstaking fee sometimes doesnโt show is it safe to assume I will not get the 10% deduction
famousfxck
And read blogs about how it works, thereโs plenty of information everywhere
Bro please learn how the website works first
kiratsunami
yes but what is the APY ???
famousfxck
PT= fixed yield
kiratsunami
How do I know the fixed yield rn ?
So moving forward if for example I unstake and it doesnโt show any unstaking fees can I safely assume my usualx will be converted to the usual token without any surprises ofcourse the conversion rate of ETH will be there but I will not get the 10% deductionMava (AI Support)
If you unstake your USUALx, there is always a 10% unstaking fee on the amount you unstake. This fee is a standard part of the process and is not dependent on the conversion rate of ETH or any other factors. Therefore, you should expect this deduction when unstaking.
Mava AI Betafamousfxck
If not deactivate it
Danny3
So moving forward if for example I unstake and it doesnโt show any unstaking fees can I safely assume my usualx will be converted to the usual token without any surprises ofcourse the conversion rate of ETH will be there but I will not get the 10% deduction
famousfxck
YT mode is if you think that APY is going to go up
Ann
Ok thank you
famousfxck
Fixed APY
kiratsunami
bro should I keep the option enabled or not ?
Ann
How does principal trading works? First time hearing about it
Ann
Every step needed is on their site. Just check on the Candybomb section and you will see what you need to do
Hi, I staked my USUAL and received USUALx. It says that rewards will be auto-compounded every day, but after a few days, I donโt see any changes in the amount of USUALx. What could be the reason?Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. This means that while the rewards are accruing, they may not immediately reflect in the UI. You should be able to see the increase when you check the amount of USUAL you have in DeBank.
Mava AI BetaKofeinStyle
Hi, I staked my USUAL and received USUALx. It says that rewards will be auto-compounded every day, but after a few days, I donโt see any changes in the amount of USUALx. What could be the reason?
famousfxck
PT= principal trading
YT= yield trading
famousfxck
LP= liquidity pool
LuLu
No
kiratsunami
bro, did you try the Pendle farming ?
LuLu
block and report
LuLu
banned ty
ban him
what is LP usual and YT usual ?
kiratsunami
this is sus ...
Mava (AI Support)
Yes, you can farm your UsualX in Pendle. Once you have deposited your UsualX in the Pendle LP, it will not appear in the Usual positions on the site. However, tracking for the Pendle pool for UsualX will be integrated into the Usual dashboard soon.
Mava AI BetaUsual
kiratsunami
Hello Can someone help me, I want to farm my UsualX in Pendle
Sigh
Dudeeee nance raise is so big man, congrats! @Noรฉ
Christopher
12/23/2024 at 17:04:11 ESThey gonna be a 2 season any deadlines?
Mava (AI Support)
When you stake USUAL into USUALx, you receive a share of the staking rewards. Over time, this share allows you to withdraw more USUAL when unstaking, reflecting the accumulated rewards. The rewards are not shown as 'Pending Rewards' but are reflected in the value of USUALx when you try to unstake.
Mava AI Beta
!Nfanda
why i dont get anything from staking usualx?
treebeard
Yes, but each daily distribution is claimable after 7 days
Ploutarch
This 7 day period starts from the initial usd0++ minting?
Ploutarch
How long do I have to wait to claim usd0++ rewards?
ngmi
Yt usd0++ got usual daily?
icarioth
But i stake to have more usual coins. I know conversion rate but i have less usual tokens before 10% fee then when i stake
JazzySt
Less token also because of the conversion to usual X donโt forget it is 1:0.9
JazzySt
The value of tokens has gone up so although the yield is less the value is still higher
Mava (AI Support)
There might be a few reasons for this discrepancy. It's possible that there are fees or penalties associated with staking or unstaking that could affect the number of tokens you have. Additionally, fluctuations in token value or staking rewards could also impact the total amount. Please check the specific terms and conditions of the staking process for more details.
Mava AI Betaicarioth
Why i have less usual tokens before unstake fee then i stake 15h Ago ?
maybe a dumb question - t-bill yields are like 4%. where is the extra yield coming from? USUAL inflation?Mava (AI Support)
The extra yield from USD0++ comes from the protocol's design, which aims to outperform the native risk-free yield of the underlying asset. This is achieved through financial engineering that provides exposure to the issuerโs success, not just the underlying yield. The yield is paid out in $USUAL, which is distributed in a disinflationary manner to align with the protocol's growth. Reference: 1
Mava AI BetaBearded
maybe a dumb question - t-bill yields are like 4%. where is the extra yield coming from? USUAL inflation?
Mava (AI Support)
The USD0++ peg is maintained through various mechanisms, including liquidity provision incentives and early redemption mechanisms. The peg is designed to be stable, but specific timeframes for how long it will be maintained are not explicitly mentioned. The protocol includes measures to ensure stability and market efficiency.
Mava AI Beta
HubristicFarmer
How long is the usd0++ peg going to be maintained?
Noรฉ
Yes, while we improve the UI you can go on Debank
0xhilde
@Noรฉ, this is quite confusing. Is there any way to have this trackable in a linear way?
Usual
bobadoge
could you provide the source link for detailed $USUAL allocation weight for all the pools?
Mava (AI Support)
Mints or deposits are converted to 'RWA-backed' assets through a process where users deposit eligible Real World Assets (RWAs) directly into the Usual protocol. This allows them to mint USD0 stablecoins on a 1:1 basis. Alternatively, users can deposit USDC, and a third party known as the Collateral Provider supplies the necessary RWA collateral, enabling the minting of USD0 without directly holding RWAs. References: 1,2
Mava AI Beta
Matzes
12/23/2024 at 15:48:43 ESTHow do mints/deposits get converted to 'rwa-backed' assets?
why is the amount of usual that i would get when unstaking from usualx constantely chaning, @Mava (AI Support)?Mava (AI Support)
The amount of USUAL you receive when unstaking from USUALx can change due to several factors. One reason is that USUALx acts like a vault share, representing your share of the vault and rewards. The value of USUALx is not fixed and can vary based on the rewards and the performance of the underlying assets. Additionally, if you are using a secondary market to unstake, the market conditions and fees can also affect the amount you receive.
Mava AI Beta0xhilde
why is the amount of usual that i would get when unstaking from usualx constantely chaning, @Mava (AI Support)?
Mava (AI Support)
The allocation of $USUAL across different buckets is as follows: - USUALx: 10.00% - USUAL*: 10.00% - Market Makers: 2.00% - DAO: 9.38% - Ecosystem: 8.62% - USD0++: 45.00% - USD0/USD0++: 10.50% - USD0/USDC: 2.50% - USUAL/USD0: 2.00% These allocations are set by the DAO and serve as distribution points for $USUAL.
Mava AI Betabobadoge
what are the detailed $USUAL allocation weight for all the pools?
Danny3
In the future should the early investors be rewarded more?
Danny3
Why is the APY decreasing
So if I unstake supposedly when there is no unstaking fees I will get the total
Amount of usual when converted from usualxDanny3
So if I unstake supposedly when there is no unstaking fees I will get the total Amount of usual when converted from usualx
Do I get rewards only in usual tokens from holding usd0++? How is apy calculated on usual dashboard for holding usd0++?
And where are those USUAL tokens as a reward coming from? inflation minting? or market buyback with t-bill yield?Mava (AI Support)
Yes, rewards from holding USD0++ are distributed in $USUAL, which is a revenue-based token. The APY for USD0++ is calculated based on the minting rate and its underlying factors, with the translation to APY (or USD value) coming from the pre-market price. The $USUAL tokens are backed by the protocol's revenue, and as TVL grows and revenue grows, less $USUAL is minted for a certain amount of revenue, indicating a disinflationary mechanism.
Mava AI BetaSergeiC
Do I get rewards only in usual tokens from holding usd0++? How is apy calculated on usual dashboard for holding usd0++? And where are those USUAL tokens as a reward coming from? inflation minting? or market buyback with t-bill yield?
Itโs a bit confusing and funny I try to stimulate my staked usual and sometimes it shows there no unstaking fees and sometimes it shows the 10% unstaking feesMava (AI Support)
The 10% unstaking fee is generally applied when you unstake USUALx. However, if you are using a secondary market to swap USUALx to USUAL, there might not be an unstaking fee directly, but the market could price it in. This could be why you sometimes see no fees and other times see the 10% fee.
Mava AI BetaDanny3
Itโs a bit confusing and funny I try to stimulate my staked usual and sometimes it shows there no unstaking fees and sometimes it shows the 10% unstaking fees
How come, that When i try to unstake My UsualX, to see the gains, that the Number is different everytime? Some times lower than earlier?Mava (AI Support)
The number of USUAL you receive when unstaking USUALx can vary due to the secondary market pricing and the 10% unstaking fee. If you are routed through the secondary market, you are essentially swapping rather than unstaking, which can lead to variations in the amount received. The secondary market may price in the unstaking fee for arbitrage purposes, which can result in receiving less USUAL than expected.
Mava AI Betad moneyzz
How come, that When i try to unstake My UsualX, to see the gains, that the Number is different everytime? Some times lower than earlier?
Do I get rewards only in usual tokens from holding usd0++? How is apy calculated on usual dashboard for holding usd0++?Bearded
and where are those USUAL tokens coming from? inflation minting? or market buyback with t-bill yield?
SergeiC
Do I get rewards only in usual tokens from holding usd0++? How is apy calculated on usual dashboard for holding usd0++?
Mava (AI Support)
When you hold USD0++, you receive rewards that are distributed at the end of each 24-hour cycle. These rewards are reflected under 'Pending Rewards' on your dApp dashboard. The rewards are part of the enhanced yield opportunities provided by the USD0++ product.
Mava AI BetaSergeiC
Can you explain in details which rewards do I get from holding USD0++ ?
bobadoge
Any link on global distribution rate allocation across different pools?
reading through the docs, still struggling a bit to understand -- the yield on the underlying assets (i.e., T-bills) is distributed how? directly to USUAL holders? or to the USUAL treasury which USUAL governs?famousfxck
Through $USUAL
Hi all, excited about USUAL, have been looking for a project like this for years! Any suggestions on best way to get started? Seems like best move is to stake USD0 and buy/hodl some USUAL?Bearded
reading through the docs, still struggling a bit to understand -- the yield on the underlying assets (i.e., T-bills) is distributed how? directly to USUAL holders? or to the USUAL treasury which USUAL governs?
Hello, how are $USUAL allocated across different pools? I'd like to invest in Curve USD0/USD0++, if the TVL of this Curve pool doubles in one hour, does it mean that $USUAL award per $1 will be halved?Mava (AI Support)
The $USUAL tokens are allocated across various buckets, including USD0++, USUALx, Market Makers, DAO, Ecosystem, and specific pools like USD0/USD0++. If the TVL of a pool like Curve USD0/USD0++ doubles, the $USUAL award per $1 would decrease, as the distribution is based on the share of the total LP tokens. However, it doesn't necessarily mean it will be exactly halved, as the distribution also depends on other factors like the global distribution rate and minting rate. References: 1
Mava AI Betabobadoge
Hello, how are $USUAL allocated across different pools? I'd like to invest in Curve USD0/USD0++, if the TVL of this Curve pool doubles in one hour, does it mean that $USUAL award per $1 will be halved?
Hi all, excited about USUAL, have been looking for a project like this for years! Any suggestions on best way to get started? Seems like best move is to stake USD0 and buy/hodl some USUAL?Mava (AI Support)
Welcome to Usual! To get started, you can stake USD0 to earn USUAL tokens. Holding USUAL tokens gives you governance rights and a share in the protocol's revenue. Additionally, you can participate in various protocol activities like providing liquidity or staking your USUAL to align your interests with the protocolโs success. Reference: 1
Mava AI BetaBearded
Hi all, excited about USUAL, have been looking for a project like this for years! Any suggestions on best way to get started? Seems like best move is to stake USD0 and buy/hodl some USUAL?
Almanac
That when u claim u also can auto stake it
Please make claim + stake button
boss
Do new USD0++ morpho pool with chainlink oracle give us $USUAL?
Richarito๐ฅท
can i stake my usual if i claim from arbitrum
https://etherscan.io/token/0x06B964d96f5dCF7Eae9d7C559B09EDCe244d4B8E
My calcul was :
101 882 153 USUALx
Reality :
100 950 608
CongQ
you can verify the contract on chain
CongQ
its in the UsualX.sol smart contract
famousfxck
1.442B$ TVL
DrUky
anyone to answer @Noรฉ
famousfxck
TVL going up fast recently
DraKryZ
https://etherscan.io/token/0x06B964d96f5dCF7Eae9d7C559B09EDCe244d4B8E My calcul was : 101 882 153 USUALx Reality : 100 950 608
just told you, by calculation
https://etherscan.io/token/tokenholderchart/0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38ETalal
Thank you bro you was very helpful Can you send the same site for usualx data
DrUky
ok it's misleading once again
usd0+ yield is apy. Meaning that the one reflecting on UI is considering that we stake usual rewards each day?DrUky
usd0+ yield is apy. Meaning that the one reflecting on UI is considering that we stake usual rewards each day?
Cerejinha
Faรงa um exemplo hipotรฉtico com base nos dados atuais, @Mava (AI Support)
Mas eu consigo ver o valor aproximado que estou ganhando de Usual diariamente? No caso , tenho 1.550 unidades da Usualx, @Mava (AI Support)Mava (AI Support)
Para calcular o valor aproximado que vocรช estรก ganhando de USUAL diariamente com suas 1.550 unidades de USUALx, vocรช precisaria verificar a taxa de recompensa atual para USUALx. Essa taxa pode variar com base em fatores como o total de valor bloqueado (TVL) e a distribuiรงรฃo diรกria de USUAL. Recomendo verificar a plataforma ou documentaรงรฃo da Usual para obter a taxa de recompensa atual.
Mava AI BetaCerejinha
Mas eu consigo ver o valor aproximado que estou ganhando de Usual diariamente? No caso , tenho 1.550 unidades da Usualx, @Mava (AI Support)
DraKryZ
just told you, by calculation https://etherscan.io/token/tokenholderchart/0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E
Talal
Where can found the number of usualx ?
Entรฃo, quando eu for destacar minhas Usualx, a minha recompensa serรก um nรบmero maior de Usual, @Mava (AI Support)Cerejinha
Entรฃo, quando eu for destacar minhas Usualx, a minha recompensa serรก um nรบmero maior de Usual, @Mava (AI Support)
Mava (AI Support)
Quando vocรช faz stake de USUAL em USUALx, o USUALx funciona como uma participaรงรฃo em um cofre. Isso significa que suas recompensas acumulam e sรฃo autocompostas, e vocรช pode vรช-las ao tentar desestacar. Note que elas nรฃo aparecem sob 'Recompensas Pendentes', ao contrรกrio das recompensas do USD0++.
Mava AI BetaCerejinha
Como eu acompanho as minhas recompensas por ter Usualx, @Mava (AI Support)
DraKryZ
1 USUAL = 0.9042 USUALx So 112 676 568 USUAL Staked. Which is 101 882 153 USUALx more or less
Mava (AI Support)
To find out the circulating supply of USUAL, you can check real-time data on platforms like CoinMarketCap. The circulating supply is calculated as the total supply minus the USUAL in the USUAL* vault. For USUALx, it represents the staked version of USUAL, and its supply can be checked through the USUALx supply metrics.
Mava AI BetaTalal
How can i know how many usual and usualx in circulation
Mava (AI Support)
It seems like there might be a UI bug if the APY for USD0++ is showing as 0% on the website dashboard. Please ensure your connection is stable and try refreshing the page. If the issue persists, it might be best to report this to the support team for further assistance.
Mava AI Beta
ekosone
apy on website for USD0++ currently showing as 0% on website dashboard UI bug??
Correct, as of now the revenue isn't directly distributed to usd0++ holders, or anywhere else. There could be a revenue switch or buyback in the future, like towards usualx though and not usd0++. But that also depends on how the governance plays out.
Johnr
Many thanks for clarifying
Thanks guys, having read thru a lot of the docs I'm just looking for clarification that while Usual is being marketed as sharing the yield earned on the real dollars with holders of the stable, it appears it is not doing that, it is giving a reward of a governance token... Maybe I'm wrong but I cannot find any documentation on how the actual treasury is being distributed to holders of the stables?treebeard
Correct, as of now the revenue isn't directly distributed to usd0++ holders, or anywhere else. There could be a revenue switch or buyback in the future, like towards usualx though and not usd0++. But that also depends on how the governance plays out.
Noรฉ
https://x.com/0xnoe/status/1870799399812550728?s=46&t=np2Ac2ferBPElmbNivK4qA
@Togbe0x @HotColdman7 You mint $USUAL depending on growth, revenue etc \(basically Treasury let's say for simplicity\) and those same USUAL, once staked, give a right over those said revenues/treasury through governance\. $USUAL has then clear Earnings per Token \(e\.g 1 USUAL is minted for XX$ of
Twitter โข 12/22/2024 06:51:49 ESTfamousfxck
Or share $USUAL and USD0?
And if $USUAL really has super bad price action they might buy back with the revenue
Thanks guys, having read thru a lot of the docs I'm just looking for clarification that while Usual is being marketed as sharing the yield earned on the real dollars with holders of the stable, it appears it is not doing that, it is giving a reward of a governance token... Maybe I'm wrong but I cannot find any documentation on how the actual treasury is being distributed to holders of the stables?famousfxck
I think itโs being shared through $USUAL
Johnr
Thanks guys, having read thru a lot of the docs I'm just looking for clarification that while Usual is being marketed as sharing the yield earned on the real dollars with holders of the stable, it appears it is not doing that, it is giving a reward of a governance token... Maybe I'm wrong but I cannot find any documentation on how the actual treasury is being distributed to holders of the stables?
Noรฉ
Thereโs a blog article on tokenomics and why its revenue based
@DraKryZ @famousfxck thanks for the replies. So am I correct in saying zero of protocol Treasury is shared with holders of the stables. Instead they get $usual tokens which is the governance token for the Treasury...
I feel like this is missing a huge piece. Which is: How is the actual treasury distributed to holders of the stables?famousfxck
@Noรฉ
Mava (AI Support)
The earnings from USD0 are fully transferred to USD0++, meaning only those who hold or invest in USD0++ will receive returns. The yield generated by USD0 and USD0++ goes to the treasury of the DAO. As a holder of USD0++, you earn $USUAL periodically as your USD0++ generates yield. This yield is distributed in the form of USUAL tokens, which are accrued daily and can be claimed at any time. References: 1
Mava AI BetaDraKryZ
@Mava (AI Support) How is the actual treasury distributed to holders of the USD0++ ?
Did you read docs ?
Johnr
@DraKryZ @famousfxck thanks for the replies. So am I correct in saying zero of protocol Treasury is shared with holders of the stables. Instead they get $usual tokens which is the governance token for the Treasury... I feel like this is missing a huge piece. Which is: How is the actual treasury distributed to holders of the stables?
DrUky
@Noรฉ
Well, just imagine there are 468M tokens away, 22.5% currently stake. Someone unstake, idk like 10 000 Usual. For YOU, personnaly, it's a gain of 0.0000000001 Usual.DrUky
Do we have any proof/any tx showing fees are redistributed?
but when are fees redistributed? Looks to me like it's only words for now and 0 usual from fees were redistributedDraKryZ
Well, just imagine there are 468M tokens away, 22.5% currently stake. Someone unstake, idk like 10 000 Usual. For YOU, personnaly, it's a gain of 0.0000000001 Usual.
famousfxck
Which one?
Nez
So no one knows APY of the LP lmao
DraKryZ
If you read Usual Docs GitBook on # ๐ใofficial-links . You have mostly all the answer. Mava just uses the doc to answer you.
famousfxck
They could give us some USD0 too btw in the future
You have 10% fee to be able to unstake (primary market). Fees are redistributed and % go to holders.
BUT, If you unstake & it displays (no fee, like 0).
The router is redirecting you to the secondary market, which is a swap.DrUky
but when are fees redistributed? Looks to me like it's only words for now and 0 usual from fees were redistributed
GM
Was hoping someone could help with a question.
My understanding is Usual want to share profits from yield earned on real dollars with the holders of the stable (unlike Tether who keep all profits).
Question: is the "profit sharing" simply giving stablecoin holders Usual tokens which are a governance token with some nominal value OR is there an actual revenue share of the yield earned on the real dollars?famousfxck
Yep through USUAL
GM
Was hoping someone could help with a question.
My understanding is Usual want to share profits from yield earned on real dollars with the holders of the stable (unlike Tether who keep all profits).
Question: is the "profit sharing" simply giving stablecoin holders Usual tokens which are a governance token with some nominal value OR is there an actual revenue share of the yield earned on the real dollars?GM
Was hoping someone could help with a question.
My understanding is Usual want to share profits from yield earned on real dollars with the holders of the stable (unlike Tether who keep all profits).
Question: is the "profit sharing" simply giving stablecoin holders Usual tokens which are a governance token with some nominal value OR is there an actual revenue share of the yield earned on the real dollars?Johnr
Does anyone know the answer to this? Thanks in advance
JazzySt
Sorry no one answered you yet I honestly donโt know
Sammyy
is not from primary market
@Mava (AI Support) When I unstake USUALx, how it decides if i'm on primary or secondary marketMava (AI Support)
When you unstake USUALx, the decision between using the primary or secondary market depends on the routing mechanism of the transaction. If the transaction is routed through the secondary market, it is essentially a swap rather than a direct unstaking, which means there is no unstaking fee. However, the secondary market might still price in the unstaking fee for arbitrage purposes.
Mava AI BetaDraKryZ
@Mava (AI Support) When I unstake USUALx, how it decides if i'm on primary or secondary market
Sammyy
im sending my usual from wallet via exchange
how to decide if my unstake is going to primary market or secondary market? can i choose to unstake my usual x into secondary market instead of primary?DraKryZ
Actually with the Dapp, you can't. It based on the best rate for you, i think.
To unstake (primary market) you have to pay 10% of the total of your USUAL amount. So actually, you gained 821 USUAL since you stake. But you have to pay 10% on your total Usual which is 10% of 33 821 USUAL, so 3 382.
So........ if you unstake now after 30 hours. You loose : 3 382 - 821 = 2561 USUAL. At the actual time.Sammyy
how to decide if my unstake is going to primary market or secondary market? can i choose to unstake my usual x into secondary market instead of primary?
@DraKryZ I see you here very often. Any important things last 4-5 hours when I was not present. Thank you in advance to avoid a lot of reading this channel ๐DraKryZ
i'm the good samaritan for free
JazzySt
Maybe try to email the team or something or open a tkt
boss
Anyone knows if new morpho pool with chainlink oracle is giving $USUAL?
meaning to say my Usual X doesnt reflect my actual profit until i decided to unstake "profits are calculated after minus the initiate amount of usual i stake?" the additional usual i received would be my profit?DraKryZ
To unstake (primary market) you have to pay 10% of the total of your USUAL amount. So actually, you gained 821 USUAL since you stake. But you have to pay 10% on your total Usual which is 10% of 33 821 USUAL, so 3 382. So........ if you unstake now after 30 hours. You loose : 3 382 - 821 = 2561 USUAL. At the actual time.
JazzySt
Actual business dealings arenโt allowed here
JazzySt
No one here
meaning to say my Usual X doesnt reflect my actual profit until i decided to unstake "profits are calculated after minus the initiate amount of usual i stake?" the additional usual i received would be my profit?Mava (AI Support)
Yes, that's correct. When you stake USUAL and receive USUALx, the additional USUAL you receive upon unstaking represents your profit. The profit is calculated by subtracting the initial amount of USUAL you staked from the total amount you receive when you unstake.
Mava AI BetaSammyy
meaning to say my Usual X doesnt reflect my actual profit until i decided to unstake "profits are calculated after minus the initiate amount of usual i stake?" the additional usual i received would be my profit?
impact_code | GAEA | AU
Hi here who can i reachout to for business partnership
When you stake, you convert USUAL into USUALx, each blockcalculation you gain something based on the actual APY.
You don't gain USUALx but your ratio USUALx => USUAL change.Sammyy
thats good and well explaination bro really appreicate it
I just told you that you obtained 821 USUAL in 30 Hours, please I give my time and you spit on itSammyy
really appreciate your time and effort in explaining bro, but that is a huge amount for staking just trying to do better in understanding it
Mava (AI Support)
Yes, Usual is intended to be a financial asset. It is a DeFi protocol that bridges traditional finance and decentralized finance by offering access to Real-World Assets (RWAs) in a permissionless, on-chain manner. The protocol's stablecoin, USD0, is backed by tokenized RWAs like U.S. Treasury bills, making it a financial asset. Reference: 1
Mava AI Beta
Geri 2BleA
Is it usual intended to be a financial asset?
Is it usually intended to be a financial asset?
Geri 2BleA
Are you planning to enter into ISO 20022 regulations? @Mava (AI Support)
howcome everytime when i swap "unstake" my usual X to usual the total USUAL received amount would be different?CongQ
because the rewards are accumulating
howcome everytime when i swap "unstake" my usual X to usual the total USUAL received amount would be different?Mava (AI Support)
When you swap or 'unstake' USUALx to USUAL, the amount of USUAL you receive can vary due to factors like the 10% unstaking fee and market conditions. If the swap is routed through the secondary market, it might also affect the amount received due to pricing differences.
Mava AI BetaSammyy
howcome everytime when i swap "unstake" my usual X to usual the total USUAL received amount would be different?
CongQ
yes, it will be reflected in the exchange ratio fo USUALx:USUAL
Sammyy
but the APY will be reflected in my total USUAL X
boss
Is new morpho USD0++ farming $USUAL(chainlink oracle)? THX
CongQ
yes, you dont need to claim anything
Eleven.Eth
12/23/2024 at 12:57:03 ESTBrother galaxy user do airdrop tell me straight friend
your amount of USUALx wont increase, but the USUAL it can exchange will, its yield bearing instead of rebasingNez
Yes, so which APY is current at the top of UI or below
CongQ
your amount of USUALx wont increase, but the USUAL it can exchange will, its yield bearing instead of rebasing
Can someone clarify APY of Curve USD0/USDC pool? It shows 39% but when I add it shows 67%. See screenshots.
Also, is it 39% on total deposit or just USD0 part?Mava (AI Support)
The APY for the Curve USD0/USDC pool can vary due to several factors, including the distribution of rewards and the amount of liquidity provided. The displayed APY might differ from the actual APY you receive due to these fluctuations. The APY is generally calculated on the total deposit, not just the USD0 part.
Mava AI BetaCongQ
in the exchange ratio
Mava (AI Support)
Yes, when you stake USUAL into USUALx, the rewards are auto-compounded. This means that the rewards are automatically credited and reflected in the value of your USUALx.
Mava AI BetaCerejinha
Mas como eu consigo fazer o controle dos ganhos?
Sammyy
if i stalk usual X, the reward will be auto credit in my Usual X ?
Fiz staking das minhas Usual para a Usualx. Jรก fazem mais de 24 horas e ainda nรฃo vi nenhuma recompensa na minha carteira.Mava (AI Support)
As recompensas do USUALx nรฃo aparecem como 'Recompensas Pendentes'. Elas sรฃo acumuladas e refletidas no valor do USUALx quando vocรช tenta desestacar. Isso significa que, embora vocรช nรฃo veja recompensas diretamente na sua carteira, o valor que vocรช poderรก desestacar aumentarรก com o tempo.
Mava AI BetaCerejinha
Fiz staking das minhas Usual para a Usualx. Jรก fazem mais de 24 horas e ainda nรฃo vi nenhuma recompensa na minha carteira.
CongQ
https://tenor.com/view/garage-tai-lopez-here-in-my-garage-lamborghini-just-bought-gif-20367476
DraKryZ
giff me lambo
DraKryZ
CongQ
here in my garage, with my new lambo
where me lambo
Sammyy
DraKryZ
https://tenor.com/view/pika-pikachu-surprised-shocked-gif-23218427
CongQ
Series A participants are like the all-stars of VCs๐คฃ
DraKryZ
you have obtained 821 USUAL since you stake
I told you
Sammyy
24 hours after my initiate stalking time?
when can i actually see the rewards, why some users still not getting usual after 30hours of stakingMava (AI Support)
You'll see your rewards at the end of each cycle, which is 24 hours. If users are not seeing their rewards after 30 hours, they should try clearing their cache, cookies, reconnecting their wallet, and switching networks.
Mava AI BetaSammyy
when can i actually see the rewards, why some users still not getting usual after 30hours of staking
Sammyy
but what would be the estimated return for staking such amount of usual X
DraKryZ
-10% of 33 821 to unstake yes
Sammyy
but unstaking will cost me 10% fees
DraKryZ
but that's the real number
Sammyy
thats staking
Mava (AI Support)
The amount you stake can affect the rewards you receive, as rewards are typically based on the staking duration and amount. However, the specific date when rewards are given is not directly affected by the amount staked. Rewards accrue over time and can be claimed based on the protocol's rules. Reference: 1
Mava AI BetaDraKryZ
exact Usualx please
Sammyy
does amount affect the reward given date?
sandwich
What he means is that the reward will not be released until the eighth day after seven days? Or will the rewards from the previous 7 days be distributed on the eighth day?
Sammyy
33000 usual to 30k+ usual x
DraKryZ
same question
DraKryZ
what's your USUALx actual amount ? And your original deposit USUAL amount ?
Lucky Boy
Good bot thanks. But is it possible in the future?
Valentin
Usual reward are claimable each 7 days ?
Hi there is a lot of binance users is it possible to have the long term staking there so to avoid the gas fees?Lucky Boy
Hi there is a lot of binance users is it possible to have the long term staking there so to avoid the gas fees?
sandwich
Here also๏ผafter 3days๏ผnothing ๏ผwhy
DraKryZ
well it's already the case ๐คทโโ๏ธ
DraKryZ
no infos
svvyugovsvv
12/23/2024 at 12:31:10 EST+
LuBu๐ท
Anything about Galxe?
Usual
Mava (AI Support)
To claim your rewards, you can check your dApp dashboard. For USD0++, rewards are distributed at the end of each 24-hour cycle under 'Pending Rewards'. For USUALx, rewards are auto-compounded and reflect live when you try to unstake.
Mava AI BetaSammyy
i saw some saying after 30 hours also cant be seen any rewards and showing 0
Please tell me, is season 2 already underway?) Will the awards for the season be retrospective, or will what shows on the awards page work out for the new season?Mava (AI Support)
There is no Season 2. The Pills Campaign has ended, and there will be no continuation in the form of a new season. Instead, you will earn direct $USUAL rewards by holding USD0++. The awards are not retrospective as there is no new season planned.
Mava AI Beta