#
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 29 of 74
Hello Admin, what is the use case of this token? I see it as a stable token. But it looks like the price is quite fluctuating. Can we stake these tokens? Am I missing something?
Hughie
Stable is USDO/USDO++ Usual is not stable, even though we like it more than 1 usd
Shree Ram
Can I have the link please?
Hello Admin, what is the use case of this token? I see it as a stable token. But it looks like the price is quite fluctuating. Can we stake these tokens? Am I missing something?
someone
Read doc bro
it autocompounds but was not included in my USUALx or USUAL amount, or even in the unstake amount as stated on pinned message.
Sigh
Maybe the compound reflected daily but calced per block
kv_chiu
Coin prices are dropping.๐ข
Mava (AI Support)
Staking is the process of locking up your cryptocurrency to support a blockchain network and confirm transactions. In return, you can earn rewards, often in the form of additional tokens. The APY (Annual Percentage Yield) you receive from staking can vary depending on the platform and the specific cryptocurrency. For Usual, staking USD0++ can offer high APYs, sometimes exceeding 40%, as seen in the documentation.
Mava AI BetaHello Admin, what is the use case of this token? I see it as a stable token. But it looks like the price is quite fluctuating. Can we stake these tokens? Am I missing something?Mava (AI Support)
USD0 is a stablecoin designed for payments, trading, and collateral use within the Usual protocol. It is fully collateralized by U.S. Treasury Bills, providing security and stability. You can stake USD0 to convert it into USD0++, a liquid staking token that offers yield opportunities. USD0++ is issued on a 1:1 basis with the staked USD0 and provides daily yield distribution in USUAL tokens. This staking mechanism allows you to earn rewards while maintaining liquidity. References: 1,2
Mava AI BetaShree Ram
Hello Admin, what is the use case of this token? I see it as a stable token. But it looks like the price is quite fluctuating. Can we stake these tokens? Am I missing something?
it autocompounds but was not included in my USUALx or USUAL amount, or even in the unstake amount as stated on pinned message.Hughie
it autocompounds but was not included in my USUALx or USUAL amount, or even in the unstake amount as stated on pinned message.
Mava (AI Support)
The early unstaking feature for USD0++ is not yet live. Once implemented, it will allow users to unstake their USD0 early by burning their accumulated USUAL yield. Reference: 1
Mava AI Beta
Varoz
Is the early unstaking of USD0++ live? How does it work?
pogy2024
12/19/2024 at 08:23:41 ESTwhat time is end for each cycle
Mava (AI Support)
If you didn't receive your daily yield after the cycle update, please ensure that you are checking at the end of the current cycle, as rewards are distributed at the end of each 24-hour cycle. If the issue persists, try clearing your cache, cookies, reconnecting your wallet, and switching networks. If the problem continues, please contact support for further assistance.
Mava AI BetaSigh
Nope it's correct it auto compounds
Noรฉ
(no)
Sigh
I think this is bc it calculates it autocompuond per block
People see 1B$+ TVL, crazy APY and still ask questions. Donโt you like earning money? Just max bid and stake ๐คทโโ๏ธ๐Hughie
you know you are not answering questions, just pumping our bags, right? it is not twitter, it is discord.
Mava (AI Support)
If you are unable to see your rewards, it might be due to the current cycle not being completed yet. Rewards are typically visible at the end of each cycle. If you have staked your assets recently, you may need to wait until the cycle ends. Additionally, if you are using Karak, it might not be fully integrated into the UI, so your rewards might not be displayed but are still counted in the background.
Mava AI Betafamousfxck
Chart only going up
pogy2024
12/19/2024 at 08:21:53 ESTwhy I cannot see my rewards
famousfxck
People see 1B$+ TVL, crazy APY and still ask questions. Donโt you like earning money? Just max bid and stake ๐คทโโ๏ธ๐
Dont understand how usual apy is 18,000 % + and the usual vault conversion rate is 1 usualx for 0.96 usualMava (AI Support)
The high APY for USUALx is due to the fact that USUALx receives 10% of the emission of all new USUAL. If there's a small percentage of the supply staked in USUALx, all stakers share big rewards, leading to a high APY. The conversion rate of 1 USUALx to 0.96 USUAL is because USUALx acts like a vault share, representing your share of the vault and rewards. This is not a direct 1:1 conversion because it reflects your proportional share of the rewards.
Mava AI Beta
Figured out the function brother. Currently, USUALx gang gets 610,000 $usual to share. So you divide 610,000 by the number of USUALx in circulation. You get the rate for USUAL per USUALx a daySigh
@Hughie on chain wizardry
0xisawa
Wen next cycle for staking usual
Ed Castel
Dont understand how usual apy is 18,000 % + and the usual vault conversion rate is 1 usualx for 0.96 usual
pau
oh, didn't know, thanks man
famousfxck
Depends on $USUAL priceโฆ
Gotcha, so it's based on the $ value shown for the position, not the leveraged YT valueNoรฉ
indeed
Mava (AI Support)
The decrease in your staked position value could be due to fluctuations in the market value of the assets you are staking. Changes in the underlying asset prices or fees associated with the platform could also affect the displayed value.
Mava AI BetaFarmฮr Froom
Gotcha, so it's based on the $ value shown for the position, not the leveraged YT value
famousfxck
APY will go down depending on TVL growth
pau
why my staked position is lowering? from 2,345$ to 2,221$ in a matter fo 10 minutes or so
Hughie
where did you get it?
Sigh
Currently, you get 0.01509 $usual per $USUALx a day
Hughie
lets wait for noe answer, it did not autocompound or include in my unstake amount to check
wollks
Ty for the info
Ooooo
elieen belserion
tell all people to unstake, then say let u only stake there
elieen belserion
yes, especially if many people already know about high APY
Sigh
Figured out the function brother. Currently, USUALx gang gets 610,000 $usual to share. So you divide 610,000 by the number of USUALx in circulation. You get the rate for USUAL per USUALx a day
wollks
What makes the apy increase
famousfxck
Depends on amount staked
That should already be factored in for the 92% APY and matches what's shown on Pendle. @Noรฉ can you clarify what the 6,500% APY pertains to?Noรฉ
It's calculated based on the $ amount you invest to have all those YTs
famousfxck
I staked just now
elieen belserion
every new cycle i think APY will decrease down
Yomakuy
Shill how much did you get in first day ? Let me see
wollks
Its 17k now lol
Well the position should be leveraged thatโs where the yield comes from.
Weโll see how it goes.Farmฮr Froom
That should already be factored in for the 92% APY and matches what's shown on Pendle. @Noรฉ can you clarify what the 6,500% APY pertains to?
famousfxck
# ๐ใofficial-links
Itโs not 22K% APY anymore lmao
pogy2024
12/19/2024 at 08:16:16 ESTI cannot find the dashboard
Gm, what's the way to get $usual rewards, what's the difference between holding usd0 or usd0++ in terms of rewards?Mava (AI Support)
Gm! To earn $USUAL rewards, you should hold USD0++. Holding USD0++ accrues $USUAL rewards, while holding USD0 does not provide the same reward benefits. USD0 is a stablecoin, whereas USD0++ functions more like a savings account that earns rewards.
Mava AI BetaSigh
Prolly like 1-2b
edos
Gm, what's the way to get $usual rewards, what's the difference between holding usd0 or usd0++ in terms of rewards?
Yomakuy
Let me see your first 22k% apy guys, please, proff it LMAO
Sigh
4b
wollks
No no i mean for now in 2024
Mava (AI Support)
The maximum supply of USUAL is designed to be 4 billion USUAL tokens over 4 years. The system is dynamic, and no USUAL tokens are pre-minted. The actual number of USUAL tokens minted will depend on the collateral yield conditions.
Mava AI Betawollks
So whats the max supply for now?
Hughie
Thanks
wollks
Press the top left button and press earn
San
check my ticker ser
Srsiti
go earn section
V1nn1
pls. share results to me then
pogy2024
12/19/2024 at 08:12:57 ESTcan you give me the link
wollks
Where 3 strips symbol
1272
Well the position should be leveraged thatโs where the yield comes from. Weโll see how it goes.
Hughie
I did mate
imemyself ๐คก
I don't understand you
wollks
Go to top left
pogy2024
12/19/2024 at 08:12:14 ESThow can I find my reward and claim it
Mava (AI Support)
The 22k% APY for USUALx comes from the fact that USUALx receives 10% of the emission of all new USUAL tokens. If a small percentage of the supply is staked in USUALx, the stakers share significant rewards, leading to a high APY.
Mava AI BetaEd Castel
did you guys got then like a 50% increase in your USUAL holdings from staking USUALx yesterday?
xtreme11
From where does 22k % APY comes from?
Sigh
Sent a quick dm sir, just a few words @Noรฉ
wollks
What does that mean
Mava (AI Support)
When you stake USUAL into USUALx, your rewards accrue and autocompound. You can see the rewards you have accumulated when you try to unstake, as they do not show up under the classic 'Pending Rewards'. To claim your USUALx rewards, you need to unstake USUALx.
Mava AI BetaFarmฮr Froom
Maybe the 6,500% APY is calculated to include the airdrop and hasn't been updated yet?
pau
finally, already staked usual, how the pending reward and claim rewards works?
JazzySt
@Noรฉ scam
wollks
So what should i do after i get my usual x
Anonaymius
Why i cant swap????
Kosmo
scam
Anonaymius
Hi
Hughie
sent inbox wallet number
V1nn1
check mine 0x547Ff07DE9eC73624AE1d0cba0bA1423cca628D4
Mava (AI Support)
The APY for staking USUAL can be very high, as indicated by the 22k% APY mentioned in the documentation. However, such high returns can fluctuate and may not be sustainable long-term. It's important to verify the current APY and understand that these figures can change based on various factors.
Mava AI Betaxtreme11
If i stake 2500 usual, it showing I will get daily 1509 usual Is this corrent?
Hughie
what i have staked, you can check through debank.
Noรฉ
wdym, what are those numbers?
So if i staked when APY was 22% will it change to 18%? or will i have same APY that i had from the start?Mava (AI Support)
The APY can fluctuate based on various factors such as the $USUAL price and minting rate. Therefore, if the APY changes from 22% to 18%, your staking rewards will adjust accordingly. You will not retain the initial APY of 22% if the current APY is 18%.
Mava AI BetaLancek450
So if i staked when APY was 22% will it change to 18%? or will i have same APY that i had from the start?
wollks
Nevermind i manage to stake now
also pinging @V1nn1 @NeoNik690 @Hughie
USUALx acts like a vault share: meaning, the increasing rewards reflect live when you try to unstake. They are not shown under "Pending Rewards", unlike USD0++ related rewards.
Basically, if you want to see them, you should simulate to unstake: this will show you how much you can withdraw (minus the 10% unstaking fee). So, basically, you can withdraw more now than before (your vault share is "worth" more).
As a simulation, you can check the initial deposited amount, minus 10%: this is how much you could withdraw at the beginning.
Then, now compare those two amounts: you can withdraw more now than before.Hughie
I checked, staked 25k usualX and can unstake 25k usualX.
Noรฉ
pinned a message to this channel.
12/19/2024 at 08:08:18 ESTSan
sam situiation ser
OK yea that's a big discrepancy, 6,500% APY displayed (which includes "bonus incentive") vs 92%1272
Couple orders of magnitude. Iโm sure itโs fine.
hey team! looks like we have a bug. my "next cycle" (and not only mine) finished 2 hours earlier then usual and I got only 8 USUAL tokens for 7K staked UsualX that I did since the begining yestarday.Noรฉ
also pinging @V1nn1 @NeoNik690 @Hughie USUALx acts like a vault share: meaning, the increasing rewards reflect live when you try to unstake. They are not shown under "Pending Rewards", unlike USD0++ related rewards. Basically, if you want to see them, you should simulate to unstake: this will show you how much you can withdraw (minus the 10% unstaking fee). So, basically, you can withdraw more now than before (your vault share is "worth" more). As a simulation, you can check the initial deposited amount, minus 10%: this is how much you could withdraw at the beginning. Then, now compare those two amounts: you can withdraw more now than before.
Mava (AI Support)
To find and claim your staking rewards for USUAL, you need to unstake your USUALx. The rewards accrue and autocompound, and you can see them when you try to unstake. Note that they do not show up under the classic 'Pending Rewards'.
Mava AI Beta
NeoNik690
me too
ilo00o
Damn apy dropping
pogy2024
12/19/2024 at 08:07:20 ESThow can I find and claim my staking reward
imemyself ๐คก
same question
staf9551
Same situation ๐
Farmฮr Froom
OK yea that's a big discrepancy, 6,500% APY displayed (which includes "bonus incentive") vs 92%
wollks
Why?
Hughie
Lets wait for Noรฉ answer.
Mava (AI Support)
To claim USUAL tokens, you typically need to be eligible for a distribution or airdrop, or have participated in activities that reward USUAL tokens. If you are referring to claiming rewards from USD0++ or other Usual products, you would need to hold those specific tokens to be eligible for the yield in USUAL tokens. Reference: 1
Mava AI Beta
Proportion
Why sell shaming They did mistake Choose usualx
Piotr Markiewicz CLONE
I must have some usual tokens to claim?
Farmฮr Froom
Yea was wondering the same
imemyself ๐คก
how can I see reward history?
Noรฉ
answering
alex
yeah, everybody has this. @Noรฉ , sir, please take a look at it.
Hughie
so answer the qestuon above, coz it did not make sense
famousfxck
https://x.com/usualmoney/status/1869730439780528581?s=46
If you sold your $USUAL today, congrats: you just became a liquidity donor for the ones staking at 18,000% APY in $USUALx\. Long\-term believers are thriving, anon\. Donโt get left behind: stake it and make it, the Usual way\.
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Twitter โข 12/19/2024 08:04:09 ESTwhat happened? My epoch is over now, although it should have been 2 hours yet... And the amount of rewards during this time does not match the APR at allHughie
up
what happened? My epoch is over now, although it should have been 2 hours yet... And the amount of rewards during this time does not match the APR at allMava (AI Support)
It seems like there might be a discrepancy with the timing of your epoch or the calculation of your rewards. Please ensure that your wallet is properly connected and that you are on the correct network. If the issue persists, try clearing your cache and cookies, and reconnecting your wallet. If the problem continues, it might be best to contact support for further assistance.
Mava AI BetaNeoNik690
what happened? My epoch is over now, although it should have been 2 hours yet... And the amount of rewards during this time does not match the APR at all
Hughie
same
hey team! looks like we have a bug. my "next cycle" (and not only mine) finished 2 hours earlier then usual and I got only 8 USUAL tokens for 7K staked UsualX that I did since the begining yestarday.Hughie
when staking rewards?
In the list of assets in Usual's UI it shows 6,500% APY for YT-USD0++ (March 27) but in my assets up top for this position it shows 92% APY which seems to be what I'm earning in daily rewards and what Pendle shows in it's UI. Please explain the difference1272
I got 92% as well. April position also didnโt show up. Iโm sure theyโre working on it
oao
18k now
xtreme11
Is it 22k % APY ?
Noรฉ
They are based on the minting factor sir, if you want a technical read you can check out our whitepaper
People who say that Usual is being diluted are insane. Itโs literally being emissioned based on the revenue.Farmฮr Froom
In the list of assets in Usual's UI it shows 6,500% APY for YT-USD0++ (March 27) but in my assets up top for this position it shows 92% APY which seems to be what I'm earning in daily rewards and what Pendle shows in it's UI. Please explain the difference
hey team! looks like we have a bug. my "next cycle" (and not only mine) finished 2 hours earlier then usual and I got only 8 USUAL tokens for 7K staked UsualX that I did since the begining yestarday.Mava (AI Support)
Thank you for reporting this issue. It seems like there might be a bug affecting the cycle timing and reward distribution. Could you please provide more details, such as any error messages you received or additional observations? I will escalate this to our technical team for further investigation.
Mava AI Beta
Clayboi Parti
can you point me to the how usual emissions are calculated each cycle?
Mava (AI Support)
To unstake your USUALx and claim your rewards, there is a 10% fee on the unstaked amount. This fee is redistributed to those who remain staked, rewarding long-term behavior. Therefore, you cannot take out your staking rewards without incurring this penalty.
Mava AI Beta
ericscott123
can you take your staking rewards out without penalty?
Klinta
APY is dropping ๐ ๐ผ
the 10% is unstacking fees is also quite confusing.
When you stack 10 USUAL, you receive only about 9.3 USUALX. When unstack, you only receive 90% of 9.3?Mava (AI Support)
When you stake 10 USUAL, you receive 9.3 USUALx because USUALx acts like a vault-share, representing your share of the rewards. Upon unstaking, you would receive 90% of the 9.3 USUALx due to the 10% unstaking fee.
Mava AI Betadeannguy3n
the 10% is unstacking fees is also quite confusing. When you stack 10 USUAL, you receive only about 9.3 USUALX. When unstack, you only receive 90% of 9.3?
Noรฉ
re
wollks
The network fee keep changing
Clayboi Parti
how can someone calculate it? how's the emission of usual is determined, the current tvl is 1.1B what's the 4yr yield on it?
Mava (AI Support)
To swap USDT to USUAL, you will need to use the Usual dApp. Ensure you have USDT in your wallet and enough ETH to cover gas fees. Then, follow the instructions on the Usual platform to complete the swap.
Mava AI Beta
dฮrkfingah | SBC
Binance withdrawals must be activated
wollks
I want to swap my usdt to usual
deannguy3n
APY USUALX is falling fast ๐ look like many people are jumping in ๐
wollks
Why approve loading is very long
JazzySt
Wanna laugh I had no eth before this usual thing
sanuxo
https://x.com/0xsanuxo/status/1869728153305801138 made a tweet about USUALX
currently, 8\.5% of all USUAL in circulation is staked and that number is probably only going up until the APY stabilizes a bit more\. binance withdrawals just opened this morning, less sell pressure on $USUAL and insane gains for longterm holders > win/win theres a 10% fee on the
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Twitter โข 12/19/2024 07:55:04 ESTfamousfxck
Claiming, staking was so easy for me. I had plenty of gas
does the 10% fee on withdrawls ever end? by staking you are immediately take on a 10% loss if you ever need funds?Mava (AI Support)
The 10% fee on unstaking is applied to the unstaked amount. This fee is designed to reward long-term staking behavior. However, the unstaking fee is expected to decrease over time, which means it may not always remain at 10%.
Mava AI Betaericscott123
does the 10% fee on withdrawls ever end? by staking you are immediately take on a 10% loss if you ever need funds?
ilo00o
Haha we in the same boat lowk
JazzySt
There so much that goes into it that I didnโt know about because Iโm new to the whole crypto thing
wollks
Wht is it so hard to approve
But like with all crypto there are risks and you wonโt be getting out as much all the time. And the more you read and learn the less you know because today my brain got friedilo00o
๐๐ how so?
famousfxck
TVL has risen 300M$ in 1 single day
famousfxck
People who say that Usual is being diluted are insane. Itโs literally being emissioned based on the revenue.
Bro, Iโm new to this whole crypto thing, but the more you research and learn the crazier things getJazzySt
But like with all crypto there are risks and you wonโt be getting out as much all the time. And the more you read and learn the less you know because today my brain got fried
ilo00o
The potential is crazy
At least for me
ilo00o
Bro, Iโm new to this whole crypto thing, but the more you research and learn the crazier things get
Lancek450
Can APY change or no?
dur
the math looks complex
can anybody explain how much USUAL is getting minted every day?
ilo00o
Oh wow
JazzySt
No youโre not tripping
JazzySt
Yup it becomes like a passive income
ilo00o
Or am I tripping?
Wouldnโt that make holding usd0++ accompanied by usualx super profitable?
JazzySt
Any way you can put total of $20 eth
pau
it just doesnt let me pay the fee
JazzySt
Of fourse
pau
yea, i have 13$ in eth, and it needs 11,45$
ilo00o
So there is a benefit in holding usd0++
JazzySt
Is it enough and on the right network?
pau
i have them
In the white paper it shows a 45% allocation for usd0++is that an allocation of all the usual to this bucket?Mava (AI Support)
Yes, according to the whitepaper, 45% of the $USUAL tokens are allocated to the USD0++ bucket. This means that 45% of the total $USUAL tokens distributed are designated for USD0++. Reference: 1
Mava AI BetaJazzySt
You already need to have eth in your wallet before
ilo00o
In the white paper it shows a 45% allocation for usd0++is that an allocation of all the usual to this bucket?
Mava (AI Support)
To help you with the gas fee issue, please ensure that you have enough ETH in your wallet to cover the gas fees. If you are still facing issues, please provide more details about the problem.
Mava AI Beta
Usual
pau
im having trouble to pay the gas fee, somebody can help?
ilo00o
Okay cool, thanks!
does that 10% penalty ever end, otherwise by staking you are just upfronting a 10% loss no?
Shreyas
12/19/2024 at 07:49:13 ESTpenalty on yield
jerrmy9938
Who can tell me๏ผPendle's April 24th YT not showing in website, why? I lost benefit for some days
Mava (AI Support)
Yes, you can use USD0 to purchase USUAL tokens. USD0 is designed to be fully transferable and accessible within the DeFi ecosystem, allowing you to engage in various transactions, including buying USUAL tokens. Reference: 1
Mava AI Betailo00o
Wait so can we buy usual with usd0
Shreyas
12/19/2024 at 07:48:27 ESTi see , mb
pablo.joander
I didn't make a deposit, I only have a position of YT USD0++.
ericscott123
does that 10% penalty ever end, otherwise by staking you are just upfronting a 10% loss no?
JazzySt
10% or what youโre unstaking not deposit
@Noรฉ Hello Boss,
Sorry to disturb you but I have an issue with some Reward.
I put some USDC into the Morpho however I receive no $USUAL in the dApp (deposit few weeks ago)
Possible to check that ?Lancek450
So there is 10% fee on deposit and 10% fee on withdraw when stakingv
Aurelou
@Noรฉ Hello Boss, Sorry to disturb you but I have an issue with some Reward. I put some USDC into the Morpho however I receive no $USUAL in the dApp (deposit few weeks ago) Possible to check that ?
Shreyas
12/19/2024 at 07:47:09 ESTyes , but 10% fee on ur deposit
Question, are these pools live already? meaning if i stake now i'll get rewarded in 24 hours?ericscott123
look at the TVL
pablo.joander
After that, can I withdraw them at any time?
Question, are these pools live already? meaning if i stake now i'll get rewarded in 24 hours?Mava (AI Support)
Yes, the pools are live. If you stake now, you will start accumulating rewards, which are distributed at the end of each 24-hour cycle.
Mava AI BetaFriekohw๐ฆ๐
Question, are these pools live already? meaning if i stake now i'll get rewarded in 24 hours?
soros
i cannot stake butto not there
Mava (AI Support)
Shreyas
12/19/2024 at 07:46:04 ESTThe more people stake the less the APY gets?
dur
how much USUAL is currently being distributed to USD0++ farmers?
1B TVL and peg stronk ... but yeah idk what will happen in a year ... if yield goes low enough I suppose it could start to trade at a discount
tommyshelbers
yep! however when it trades at a discount, usual will be propped back up since u have to burn usual as another way to claim. Its an interesting mechanism
jerrmy9938
Pendle's April 24th YT not showing in website, why? I lost benefit for some days
Kosmo
did u see our Staking position of Usual up ?
I bought YT of USD0++ yesterday, I still don't see on the website the amount of USUAL that these YTs gave me. When will I be able to view my earnings?wollks
Should i sell usual in binance and swap it in usual website?
JazzySt
Itโs a good strategy but there are fees and long term commitment is the way to go
famousfxck
Even Ethena had depeg during TGE went down -5%
pablo.joander
I bought YT of USD0++ yesterday, I still don't see on the website the amount of USUAL that these YTs gave me. When will I be able to view my earnings?
1B TVL and peg stronk ... but yeah idk what will happen in a year ... if yield goes low enough I suppose it could start to trade at a discountAurelou
In case of a lack of liquidity to go back from USD0++ from USD0. There is the PAR mecanism that can be activate ๐
1B TVL and peg stronk ... but yeah idk what will happen in a year ... if yield goes low enough I suppose it could start to trade at a discount
J.T. @web3jt | UTC+3
When the $USUAL for $USD0++ rewards claiming starts?
Lancek450
This staking sounds too good to be true or is it just me?
dฮrkfingah | SBC
1B TVL and peg stronk ... but yeah idk what will happen in a year ... if yield goes low enough I suppose it could start to trade at a discount
ericscott123
can you claim usd0++ rewards daily?
tommyshelbers
u have to look at it with a long term basis
Mava (AI Support)
Yes agree, I guess I just mean to say i don't see why it would ever trade at a discounttommyshelbers
during liquidity crunch when existing usd00+ users want to get usdc liquid or buy assets
dฮrkfingah | SBC
And the reality today is ... it does not
ericscott123
how are usd0++ staking rewards paid out?
J.T. @web3jt | UTC+3
how USUALx works
if usd0++ is trading at a premium, exisitng usd00+ just sell it then buy more usd0 and trade it back for usd0++dฮrkfingah | SBC
Yes agree, I guess I just mean to say i don't see why it would ever trade at a discount
tommyshelbers
yep! current users sell it off at a premium then trade back
Mava (AI Support)
Staking with USUALx is auto-compounded. When you stake USUAL into USUALx, your rewards accrue and auto-compound, meaning they are automatically reinvested to generate more rewards over time.
Mava AI Betafamousfxck
Scam
Lancek450
How does staking work? Is it compounded or regular?
tommyshelbers
if usd0++ is trading at a premium, exisitng usd00+ just sell it then buy more usd0 and trade it back for usd0++
โฆ its economics and finance 101 though, it will never ever trade at a premium since it can be arbitraged, same cant be said the same the other way aroudndฮrkfingah | SBC
You just mean someone will stake USD0 -> USD0++ rather than buy it at a premium?
โฆ its economics and finance 101 though, it will never ever trade at a premium since it can be arbitraged, same cant be said the same the other way aroudndฮrkfingah | SBC
How can it be arbitraged?
So what? U claim USUAL on the dapp ... in any case, market doesn't care what you and I think it "should" trade at loltommyshelbers
โฆ its economics and finance 101 though, it will never ever trade at a premium since it can be arbitraged, same cant be said the same the other way aroudn
how is usualx staking rate so high if there is no lock up - sorry if that's a dumb q I am new here.Mava (AI Support)
USUALx offers high staking rates because it receives 10% of the total USUAL emitted by the protocol. This means that if only a small percentage of the supply is staked in USUALx, the rewards are shared among fewer stakers, resulting in higher individual rewards. Additionally, the protocol discourages short-term holding by imposing an unstaking fee, which reallocates fees to reward long-term stakers. References: 1
Mava AI Betait pays u 80% apy emitted outwarss bro not rebasing.
At the end of the day USD0 can always become USD00 without any penalty so the demand is always the other way arounddฮrkfingah | SBC
So what? U claim USUAL on the dapp ... in any case, market doesn't care what you and I think it "should" trade at lol
ericscott123
how is usualx staking rate so high if there is no lock up - sorry if that's a dumb q I am new here.
dฮrkfingah | SBC
Estimate
famousfxck
2.7%
dฮrkfingah | SBC
Check ze website
tommyshelbers
it pays u 80% apy emitted outwarss bro not rebasing. At the end of the day USD0 can always become USD00 without any penalty so the demand is always the other way around
famousfxck
For people with claim issues: - Please manually change the network to Ethereum in your wallet (or switch and go back to Ethereum). - Ensure you have enough ETH in your wallet to cover for gas fees: gas can spike really high - Clear cache & cookies
Protocol_guard
12/19/2024 at 07:39:31 ESTclear cache and try again
Hi team, I can't claim my airdrop, there IS a error message. Why please ? What's chain is avalable for claimMava (AI Support)
Please ensure you are connected to the Ethereum network in your wallet. If you are still facing issues, try clearing your cache and cookies, and ensure you have enough ETH to cover gas fees. If the problem persists, please provide more details about the error message.
Mava AI Beta
onebadday
If I hold 50k USD0++, how much $usual will I get per day?
famousfxck
10% almost
Sigh
This is daily minted USUAL tokens that are flowing to the USUALx vault
dฮrkfingah | SBC
Why would it trade at a discount? It is liquid and pays you 80% 'apy'
Florent#8335
Hi team, I can't claim my airdrop, there IS a error message. Why please ? What's chain is avalable for claim
tommyshelbers
do you know whats the %
famousfxck
Was 15m yesterday ๐
ilo00o
Can you buy usual with usd0?
tommyshelbers
shouldnt it be discount though? since usd00 rewards are emitted out and not rebasing
This 600k $usual a day going to the USUALx represents USUALx %10 share of the usual issuance isn't this correct?famousfxck
No idea what this is
should it trade at a discount since usd0 can always become ++ without penalty but no the other way arounddฮrkfingah | SBC
Idk but for some reason they trade at parity right now ...
Sigh
And this is shared among all the USUALx holders no?
dฮrkfingah | SBC
It's not locked up forever like cvxASSETs
Maybe can change in the future but i would think it should actually trade at a premium to USD0tommyshelbers
should it trade at a discount since usd0 can always become ++ without penalty but no the other way around
dฮrkfingah | SBC
Why wouldn't it be? High yielding version of USD0
tommyshelbers
why is the peg so strong hmmmm , demand for usd0++ is still hugh i guess?
dฮrkfingah | SBC
Maybe can change in the future but i would think it should actually trade at a premium to USD0
ericscott123
So then what is the point of the lock up (4yr)
do you know how much of a hit you typically take to get out of USD00++ staked (4yr lock)?dฮrkfingah | SBC
$0 cuz you can just sell it ... USD0++ -> USD0 peg stronk
do you know how much of a hit you typically take to get out of USD00++ staked (4yr lock)?tommyshelbers
oh sorry i dont know
famousfxck
TVL went up with more than 250M$ in 1 day ๐
however assume that jupsol in this case has a 10% penalty during withdrawal back to solericscott123
do you know how much of a hit you typically take to get out of USD00++ staked (4yr lock)?
Currently, 600k Usual a day is being distributed to the USUALx holders and shared with every single holder, is this accurate?famousfxck
USUAL is emissioned when TVL goes up
tommyshelbers
however assume that jupsol in this case has a 10% penalty during withdrawal back to sol
tommyshelbers
no bro, usualx is rebasing so it will always appreciate in contrast to usual, take it as sol and jupsol
JazzySt
yes
RedKrow
Problem solved.
New to this staking thing
I'm trying to stake usual to usualx but it says adress not found on site.
dฮrkfingah | SBC
Current metamask version will run an estimate but they're not always accurate
Lancek450
Ok thanks
dฮrkfingah | SBC
Haha depends on network congestion
Lancek450
Thats what i meant yes. How much is it?
dฮrkfingah | SBC
GAS FEE
Lancek450
Is there a fee from metamask to USUAL staking?
Mava (AI Support)
No, the value of USUAL compared to USUALx is not fixed at 94%. The spread between USUAL and USUALx is because USUALx acts like a vault-share, representing your share of the rewards. The notional (dollar) value doesn't change, but the amount of USUALx you receive is proportional to your share of the rewards.
Mava AI Betaxtreme11
Users can unstake their USUAL at any time, subject to a 10% fee on the unstaked amount.
Usual
Where can I read about how USD0++ pays staking rewards? How is the 91% distributed and is there a lock up?ericscott123
pls let me know who I can ask. Thanks.
its a fee, since you said unstaking costs 10%, but actually staking costs 6,67%, and unstaking costs 3,33% which sums up for 10%, but its not fair because from day 1 apy is not calculated from my entry, but lowered for 6,67%Mava (AI Support)
The maximum supply of USUAL is capped at 4 billion tokens over a period of 4 years. The system is designed to mint up to 4 billion USUAL tokens depending on collateral yield conditions. If the RWA yield decreases, the number of USUAL minted will be lower than the 4 billion target.
Mava AI Betatommyshelbers
is number of usual capped or not
Mava (AI Support)
Staking USUAL tokens can potentially enhance your USD0++ APR through additional rewards in the form of USUAL tokens. The USD0++ yield is primarily in USUAL, so staking USUAL may provide additional benefits.
Mava AI Beta
Nafish
It starts immediately right? After 24 Hours i will receive rewards
colbobos
Can staked usual boost my usd0++ apr
Lancek450
Only way to withdraw from binance is with ethereum network right?
Mava (AI Support)
You can see the rewards for Pendle YT at the end of each 24-hour cycle. The expiry date for your specific YT will depend on the terms of the YT you purchased. If you have a specific YT in mind, please provide more details.
Mava AI Betafamousfxck
No
SY
Wen I can get reward for pendle YT? Expiry date?
z_zzzv
yo how do you calculate this?
Where can I read about how USD0++ pays staking rewards? How is the 91% distributed and is there a lock up?Mava (AI Support)
You can read about how USD0++ pays staking rewards in the Usual Money documentation, specifically in the sections related to USD0++ characteristics and yield mechanisms. USD0++ generates yield in USUAL tokens, which are distributed to users as rewards. The lock-up period for USD0++ is four years, but you can sell USD0++ on the secondary market at any time. The distribution specifics, such as the 91% you mentioned, are not detailed in the available documentation. References: 1,2
Mava AI Beta
Nafish
Usd0++ And liquidity rewards required a 7 day verification.. Does Usual need same duration?
ericscott123
Where can I read about how USD0++ pays staking rewards? How is the 91% distributed and is there a lock up?
famousfxck
But at current rates 10% is like holding 4 days or so ๐๐คทโโ๏ธ
tommyshelbers
10% of ALL usual actually, so even ur earned ones will be taxed 10%
famousfxck
Itโs to encourage people to hold longer dan 1 month
JazzySt
Itโs a share of vault
famousfxck
That is normal. Itโs a share of a vault just like Morpho Labs
yep its correct! they strip 10% off yr amount when u unstake. So 0.9* 9000 , when u unstake u get abt 8100Logistical Nightmare
12/19/2024 at 07:26:43 ESTPretty much 10% of whatever amount of Usual I stake - earned Usual.
tommyshelbers
i mean not really a ponzi but just a massive gametheory going on
dฮrkfingah | SBC
YES
JazzySt
Why would you stake then unstake
famousfxck
No, you would get 8 USUAL per day at current rates
JazzySt
It is not a ponzi how is it ponzi
tommyshelbers
yep its correct! they strip 10% off yr amount when u unstake. So 0.9* 9000 , when u unstake u get abt 8100
Logistical Nightmare
12/19/2024 at 07:25:21 ESTBecause it all adds up to 10%?
Logistical Nightmare
12/19/2024 at 07:24:49 ESTOkay so why when swapped from 9,000 Usual I only got 8600 Usualx. Then if I wan't to swap back to Usual it says.I only get 8100 Usual?
famousfxck
1000% APR
JazzySt
Usualx is a bit less than usual
Srsiti
it's not fee 1 usual=not 1 usualx
Mava (AI Support)
The conversion rate between USUAL and USUALx is not 1:1 because USUALx acts like a vault-share, which is proportional to your share of the rewards. The 10% fee is applied to the amount of USUALx you unstake, not the original USUAL amount. Therefore, the fee is correctly calculated as 10% of the USUALx you have, which is 860 in your case.
Mava AI Beta
Logistical Nightmare
12/19/2024 at 07:19:51 ESTHigh all I staked 9,00 USUAL and only got 8,600 Usualx. Now its saying the fee to unstake is 10% of 8,600 (860). Why is the fee more than 10%
vetz
if the APR stays tho
vetz
8.1 usual
JazzySt
No the rate is 2.7%
Sigh
How do you calculate this ser
jerrmy9938
My April 24th YT not showing, does anyone have the same problem as me?
famousfxck
2.7% daily APR and 22K% APY, for now
famousfxck
2.7% of that
famousfxck
You can only check when unstaking
Lancek450
So can someone please calculate daily and yearly APY if i have 300 USUAL? Thanks
Since USUALx acts like a vault share it means that you share increases when your rewards increase (oversimplified but yeah) - you can check the rewards you accumulated when trying to unstake (check the conversion USUALx to USUAL)
0x_mate
its a fee, since you said unstaking costs 10%, but actually staking costs 6,67%, and unstaking costs 3,33% which sums up for 10%, but its not fair because from day 1 apy is not calculated from my entry, but lowered for 6,67%
Sigh
Is it possible to see how many usual a day you get for say 10,000 usual?
when i stake my usual to usualx, is yield calculated from initial usual balance, or from usualx balance (which is lower since i need to pay 6,7% fee for swapping into usualx)?Mava (AI Support)
The yield is calculated based on your USUALx balance. The conversion rate between USUAL and USUALx reflects your share of the vault and rewards, not a fee. Therefore, the yield is proportional to your USUALx holdings.
Mava AI Beta0x_mate
when i stake my usual to usualx, is yield calculated from initial usual balance, or from usualx balance (which is lower since i need to pay 6,7% fee for swapping into usualx)?
Usual
jerrmy9938
how can i get the further assistance?
Srsiti
evening fam
tommyshelbers
but apprecaite the 2.7% calculation
tommyshelbers
thts not how compounding works btw...
y e a t
based on usualx<>usual price change over the last day?
y e a t
how do you check this?
famousfxck
Rewards prediction is incorrect
famousfxck
Just remember youโll earn 2% per day
famousfxck
No
Noรฉ
tech is FOCUSED on SHIPPING like madmens
viperrocks
12/19/2024 at 07:06:12 ESTwith 22k apy it will take 2 days to double the money
y e a t
and how could we check
tommyshelbers
ohmygod thts mad fam
0x_mate
oh great then, do you know how high approximately it is right now?
Noรฉ
Yes
tommyshelbers
live? so it updates in real time?
y e a t
what is the actual rate per day right now?
Noรฉ
It's APY - and it's live
tommyshelbers
when will apr be updated?? i highly doubt its 22k
Noรฉ
(APY on page is actually capped, it's higher)
0x_mate
so stakers are earning 1,5% daily if apy on page is correct
0x_mate
apy 22000% is 1,5% apr per day
elieen belserion
its APR real time update ?
Rejeki
12/19/2024 at 07:03:12 ESTthank you.
Noรฉ
It'll update in about 3 hours
famousfxck
But theyโre working on it. Right now you can only see your rewards of USUALx when you unstake
Rewards from USUALx canโt be shown yet
Hahaha, for daily it indeed makes more sense to derivate from APR (what you did), but for annual since it assumes annual holding, it assumes annual compounding, so APY is more accurateRejeki
12/19/2024 at 07:02:12 ESTcan you please tell us what time the daily reward counts?
famousfxck
Forget about APY and APR
You earn daily 2.7% right now
famousfxck
I calculated
Noรฉ
Hahaha, for daily it indeed makes more sense to derivate from APR (what you did), but for annual since it assumes annual holding, it assumes annual compounding, so APY is more accurate
tommyshelbers
how did u tell btw
tommyshelbers
u dont multiply bu just 365 ,lsince its compounding interest
$USUALx gives a right to 10% of the $USUAL emission, which is rewarded directly in USUALx, auto-compounding
Thila
Is there a way to check how much has been staked in the vault?
famousfxck
Right now youโre earning 2.7% daily on your Usual
hey when will the apr numbers be updated? i highly doubted its still yielding 20k now righttommyshelbers
heyyy noe
famousfxck
DAILY: 2.7% Annually: 1000%
Okay so guys
Noรฉ
$USUALx gives a right to 10% of the $USUAL emission, which is rewarded directly in USUALx, auto-compounding
Thila
What rewards accumulate into the vault?
Noรฉ
Rewards & deposits boss
Yeah, I answered that it's # ๐งใspeculation stuff, as a team member I can't speculate on price obviously, and anyways it's oversimplified maths missing key variables.
And at the end, nobody cares, the market prices it as it wishes.0x_mate
okay thanks
Noรฉ
Yeah, I answered that it's # ๐งใspeculation stuff, as a team member I can't speculate on price obviously, and anyways it's oversimplified maths missing key variables. And at the end, nobody cares, the market prices it as it wishes.
Since USUALx acts like a vault share it means that you share increases when your rewards increase (oversimplified but yeah) - you can check the rewards you accumulated when trying to unstake (check the conversion USUALx to USUAL)Thila
Ok understood the concept of Vault share. What then makes the vault grow?
ilo00o
Nawh dawg, usual acts like a vault. Usual x doesnโt change the $value that u put in
Didn't double check but if you want to calculate without any compounding it's actually around 1.5% per daytommyshelbers
hey when will the apr numbers be updated? i highly doubted its still yielding 20k now right
pau
Still not in BitGet
pau
Binance withdraw is available?
Noรฉ
Seems like a copy/paste bot stuff, will ban the next one who says that
Noรฉ
Check the website
Noรฉ
Since USUALx acts like a vault share it means that you share increases when your rewards increase (oversimplified but yeah) - you can check the rewards you accumulated when trying to unstake (check the conversion USUALx to USUAL)
Mava (AI Support)
If you're unable to claim, please try clearing your cache and cookies. Also, ensure that you have manually set your wallet to the Ethereum network and have enough ETH to cover gas fees.
Mava AI Betavetz
Current APR
621936
I think anytime .
Sohai
why i cant claim lol
Didn't double check but if you want to calculate without any compounding it's actually around 1.5% per dayz_zzzv
k thanks man for the clarification, so the number there is based on APY, continuosly compounding?
deannguy3n
Ok when can I unstack?
Noรฉ
Didn't double check but if you want to calculate without any compounding it's actually around 1.5% per day
Kosmo
same how to see
Mava (AI Support)
Yes, when you stake USUAL into USUALx, your rewards accrue and autocompound. You can see the rewards when you try to unstake, but they do not show up under the classic 'Pending Rewards'.
Mava AI BetaNoรฉ
# ๐งใspeculation + I can't give you any prediction or whatever but you're missing key factors
deannguy3n
I know this question is stupid but lock time for usd0 is 4 years?
621936
So we can know how much usual we get staking xusual until we unstake them right ??
famousfxck
Ohhh where can I check my pending rewards then?
Are you pricing USUAL at $0.03?
If Minting Factor 6.7 USUAL/USD0++
And ROI of USD0++ is at 18.5% (4-y cash-flow/TVL)
ROI/$USUAL minted = $0.03loopielu
@Noรฉ an answer is very much appreciated ๐
Ok, this means that if I unstake the 100 USUALx back to USUAL right after staking (let's say 1min. after), I'd receive 90 USUAL? Is this correct?It's because it forecasts as an APY - shows average daily rewards after one year. Different from APR.z_zzzv
so you won't be getting 60k usual daily, instead it would be 1600 USUAL, is this correct?
Noรฉ
Yes, but USUALx rewards don't accrue on the "Pending Rewards", unlike USD0++ rewards
this is what it's showing for 100000 usual staked, daily 60k usual? this is incorrect. it should be ~600%apr, no?Noรฉ
It's because it forecasts as an APY - shows average daily rewards after one year. Different from APR.
z_zzzv
but as you said this would be true for APR but what's displayed is apy
cue
@Noรฉ when is the next cycle in staking?
Again there is no price difference.
You get less USUALx when staking USUAL (not 1:1) because USUALx acts like a vault share, representing your share of the vault & rewards. The notional (dollar) value doesn't change, as per my screenshot.Sir_V
Ok, this means that if I unstake the 100 USUALx back to USUAL right after staking (let's say 1min. after), I'd receive 90 USUAL? Is this correct?
Again there is no price difference.
You get less USUALx when staking USUAL (not 1:1) because USUALx acts like a vault share, representing your share of the vault & rewards. The notional (dollar) value doesn't change, as per my screenshot.famousfxck
Btw is the field โPending rewardsโ updated every new cycle?
z_zzzv
this is what it's showing for 100000 usual staked, daily 60k usual? this is incorrect. it should be ~600%apr, no?
Manny Calavera
well, i try to unstake my UsualX like Mava says, but i can see exactly my accrued rewards
Noรฉ
Why?
z_zzzv
@Noรฉ not the yield, but forecast
But effectively, when you stake/unstake USUAL you lose that price difference + the 10% for unstaking. Is this correct?if there's any way for the team to implement some kind of visualization of the rewards for the UsualX stake, in my humble opinion, that will be somethingfamousfxck
There already is
z_zzzv
@Noรฉ your apy forecast is not showing the right number
Manny Calavera
if there's any way for the team to implement some kind of visualization of the rewards for the UsualX stake, in my humble opinion, that will be something
Sir_V
So: 6,66% spread when converting + 10% fee for unstaking. Is this correct @Noรฉ ?
But effectively, when you stake/unstake USUAL you lose that price difference + the 10% for unstaking. Is this correct?Mava (AI Support)
When you unstake USUALx, you incur a 10% fee on the unstaked amount. This fee is separate from any conversion rate differences when staking. The 10% fee is specifically for unstaking.
Mava AI BetaSir_V
But effectively, when you stake/unstake USUAL you lose that price difference + the 10% for unstaking. Is this correct?
cue
It says next cycle in โ- -โ is this normal @Noรฉ
famousfxck
Lol why
I'm not fully understanding this. When you stake USUAL the conversion rate is 1:0,93. Is this already including that 10% unstake fee? If not, why is the conversion not 1:1?The UI says that,for every 1 Usual I stake, I'd only get 0.93 Usualx. Why is there a 7% tax to stake?Noรฉ
No, the spread between 1 USUAL to 1 USUALx is because USUALx acts like a vault-share - it's proportional to your share of the rewards
Mava (AI Support)
When you stake USUAL into USUALx, your rewards accrue and autocompound. You can see them when trying to unstake, but they do not show up under the classic 'Pending Rewards'.
Mava AI Betacue
I just stacked my usual, where can I see the rewards?
Thila
The UI says that,for every 1 Usual I stake, I'd only get 0.93 Usualx. Why is there a 7% tax to stake?
didida
I would like to ask if the income from usual-x is paid by usual-token every day?
Noรฉ
Could you open a ticket? Will check asap
jerrmy9938
24 apr 2025 LP
0xhilde
Burn means taken out of circulation indefinitely?
Manny Calavera
@Noรฉ is there any way to see the acumulated rewards for my UsualX position?
I am the only one who saw my daily rewards from yesterday disappear. My pending reward has returned to the amount it was before yesterday ?Mava (AI Support)
It seems like there might be an issue with the display of your pending rewards. Please ensure that you are checking the correct section for your rewards. If the issue persists, it might be a temporary glitch. You can try refreshing the page or clearing your cache. If the problem continues, please reach out to support for further assistance.
Mava AI BetaKosmo
I am the only one who saw my daily rewards from yesterday disappear. My pending reward has returned to the amount it was before yesterday ?
Question about Pendle USD0++ YT:
1) April 24 YT is not displayed in the dashboard
2) It's strange that the Jun 26th YT APY is displayed as -78%. How can a negative APY be calculated?Mava (AI Support)
1) Regarding the April 24 YT not being displayed, this could be due to a temporary issue or delay in the dashboard updates. Please ensure your dashboard is refreshed and check again. If the issue persists, it might be a bug, and I recommend reaching out to support for further assistance. 2) A negative APY can occur if the underlying asset's value decreases or if the fees and costs associated with holding the YT exceed the returns. It's important to review the specific conditions and market factors affecting the Jun 26th YT.
Mava AI Beta
Magic Pan
Question about Pendle USD0++ YT: 1) April 24 YT is not displayed in the dashboard 2) It's strange that the Jun 26th YT APY is displayed as -78%. How can a negative APY be calculated?
2 days ago I deposited USD++ LP on Pendle, but the data is not shown on the official website๏ผI cleared the cache and relinked the wallet, but it didn't work.Noรฉ
Which Pendle pool are you on?
cue
Hi I sent usual from Binance to Binance web3 but still canโt see the money
jerrmy9938
2 days ago I deposited USD++ LP on Pendle, but the data is not shown on the official website๏ผI cleared the cache and relinked the wallet, but it didn't work.
famousfxck
See itโs free
Lemoussu
Maybe you're paying fees with BNB ?
Yaroslav | DotalogoDao
what is now shown is not correct?
Yaroslav | DotalogoDao
It turns out that the real APY can only be found out once every 24 hours?
kasunn
hey
Nafish
Free is different from literally free ๐
Hello
please tell me itโs already 15 hours of steak/usual and the rewards are not displayed anywhere
will they be updated once a day and only then will I be able to see what I received during this time?Mava (AI Support)
Yes, the rewards for staking USUAL are updated at the end of each 24-hour cycle. You will be able to see your rewards once the current cycle ends.
Mava AI Betafamousfxck
Literally free on binance
Yaroslav | DotalogoDao
Hello please tell me itโs already 15 hours of steak/usual and the rewards are not displayed anywhere will they be updated once a day and only then will I be able to see what I received during this time?
621936
Ops yes same but it's ok . It was smooth and not paying eth fee 30 dollar am good
So until the early unstaking feature is live, we can unstake USDO++ without worrying about the 4 year lock?Mava (AI Support)
Currently, USD0++ is locked for a maturity period of four years. However, you can sell USD0++ for USD0 anytime on the secondary market with minimal slippage. The early unstaking feature, which will allow burning USUAL to unlock staked USD0 before the end of the lock-up period, is expected to be implemented in Q1 2025.
Mava AI BetaOranges
So until the early unstaking feature is live, we can unstake USDO++ without worrying about the 4 year lock?
Nafish
Not free check again
Lancek450
Wtf? For me its says 8 usd
famousfxck
Yes binance withdraw USUAL 0 fee its free
Lancek450
Yes but you payed transaction fees? For me its 8 usd on binance
Hi - when staking USDO for USDO++ it says it will be a 4 year lockl but not yet??
When does the early unstaking feature go live?Mava (AI Support)
The early unstaking feature for USD0++ is expected to be implemented in Q1 2025. This will allow users to burn USUAL to unlock staked USD0 (USD0++) before the end of the lock-up period.
Mava AI BetaOranges
Hi - when staking USDO for USDO++ it says it will be a 4 year lockl but not yet?? When does the early unstaking feature go live?
zf.แฉแชK
APY USUALX its normal 20000% ?
621936
Withdraw from binance to meta mask convert usual to xusual only paid 1 dollar ๐ต
"USUALx rewards don't show on the "Pending Rewards" tab"
Where do i see those rewards then?Mava (AI Support)
When you stake USUAL into USUALx, your rewards accrue and autocompound. You can see these rewards when you try to unstake your USUALx. They do not appear under the 'Pending Rewards' tab.
Mava AI BetaManny Calavera
"USUALx rewards don't show on the "Pending Rewards" tab" Where do i see those rewards then?
Lancek450
What do you mean 0 fee? You paid transcation fee 0 ?
Noรฉ
Yes
famousfxck
WOW I withdrew Usual from Binance 0 fee and INSTANT
piggy george
apy 22037 live๏ผtrue๏ผ
Noรฉ
The APY is live
famousfxck
Bismillah going max staking ๐ longterm
Lancek450
What is the duration for staking? Is there only fixed or flexible as well?
piggy george
can u pls update the usualx apy๏ผ
You shouldn't loose anything - but since Karak isn't fully integrated I can't confirm you that for sureMava (AI Support)
To be eligible for rewards, you typically need to stake your tokens. However, for specific events like Christmas rewards, it's best to check the specific terms and conditions provided by Usual for that event.
Mava AI BetaLancek450
Hey so i just need to stake if i want to be eligible for christmas rewards?
or just cmd+f on discord with a key word, that's what I always do when I have questions for other projects lmeow
Based
do we still earn APY from usualx staking if we don't have usd0++ or usd0?
Noรฉ
APY is displayed live - there is no average calculated tho right now
Milan
Like all of these answers are so easy to find on the docs and using the website .
Milan
Exactly.
0xhilde
@Mava (AI Support), whats the current average APY on USUAL?
Noรฉ
At the end of each cycle - 24 hours
Noรฉ
It happens :c just a bit trigerring when it's for a question already answered 30 times lmeow
Because you have an unstaking fee - if you didn't accumulate enough rewards to compensate for it, your swapping ratio between USUALx and USUAL will be under 1:1Nafish
When daily rewards will be distributed?
BingChilling
Depend on eth price and activity.
Not dodging, I just don't have superpowers to see and answer 4 messages per second. There is no staking fee, btw, already answered that.Noรฉ
You need to pay for gas fees
cue
It depends on the amount or not?
Any answer regarding this @Noรฉ? If I don't lose my usual by withdrawing my usdo++ from karak then I'll be withdraw ing it nowNoรฉ
You shouldn't loose anything - but since Karak isn't fully integrated I can't confirm you that for sure
Not dodging, I just don't have superpowers to see and answer 4 messages per second. There is no staking fee, btw, already answered that.cue
So if I stake, I donโt need to pay ETH?
DeltaRomeo
I paid like 10$ gas fee
cue
Hello guys, does anybody know what is the gas fee for converting usual into usualX?
DeltaRomeo
Well, I clicked, i hope earn a lot of usual and a lot of money. Greed toke me
sch0p
How do i swap usdc for usd0 on arbitrum ?
sanuxo
no dilution sir pls thx
BingChilling
I add fuel to bubble
We are not giving more than the yield - $USUAL emission is always lower that revenue, and disinflationary.
But since $USUAL has a market price, that price can increase the APY.loopielu
Are you pricing USUAL at $0.03? If Minting Factor 6.7 USUAL/USD0++ And ROI of USD0++ is at 18.5% (4-y cash-flow/TVL) ROI/$USUAL minted = $0.03
I see that's unfortunate, if I withdraw my usdo++ from karak will my accumulated usual disappear or will it stay?Mahiru
Any answer regarding this @Noรฉ? If I don't lose my usual by withdrawing my usdo++ from karak then I'll be withdraw ing it now
@Kosmo yes because we capped the APY on the UI, so it's actually higher - won't change until it's not under 22000%Kosmo
thx is insane
Nexty
12/19/2024 at 06:15:33 ESTSad
did all the steps refreshing the page, clearing my cache, or reconnecting your wallet. Still "--" sadly.Noรฉ
No more
@Kosmo yes because we capped the APY on the UI, so it's actually higher - won't change until it's not under 22000%
Nexty
12/19/2024 at 06:15:20 ESTNo more ref link ?
1. Seems like "next cycle" is bugged, try to do some troubleshooting steps
2. USUALx rewards don't show on the "Pending Rewards" tabDraKryZ
did all the steps refreshing the page, clearing my cache, or reconnecting your wallet. Still "--" sadly.
DeltaRomeo
Yes unstake fee but there is stack fee too?
Noรฉ
Because you have an unstaking fee - if you didn't accumulate enough rewards to compensate for it, your swapping ratio between USUALx and USUAL will be under 1:1
Mava (AI Support)
Yes, it's possible for the APY of USUALx to remain unchanged even if the Total Value Locked (TVL) increases. The APY is influenced by various factors, including the percentage of the supply staked in USUALx and the emission of new USUAL. If the percentage of supply staked remains small, the rewards can still be significant, maintaining a stable APY.
Mava AI Betasanuxo
actually, itโs less because 90% of the tokens for the whales are under vesting and those tokens arenโt in circulation
zo
unstake fee 10%
Kosmo
Apy of UsualX didn't change but TVL was 20M yersturday and 40M now it's normal ?
Mahiru
I see that's unfortunate, if I withdraw my usdo++ from karak will my accumulated usual disappear or will it stay?
sch0p
Hello, Is there a way to use usual protocol on base ? Or it's only on eth ? Thxx
DeltaRomeo
Why 1 usualx is less 1 usual
oao
๐
famousfxck
Crazy
Mava (AI Support)
The cycle duration is typically 24 hours. If there is a discrepancy in the timing, it might be due to adjustments or updates in the system. Please ensure your system time is synchronized with UTC and check for any announcements regarding cycle changes.
Mava AI Beta
Hektor X
no i am waiting for an oficial statement
I got usdo++ in karak since the pill farming ended, how can I claim my usual rewards from karak? Or do I need to wait until it's fully integrated in the UI to claim my usual?Noรฉ
You'll have to wait until it's fully integrated unfortunately
zo
Yesterday cycle was upgraded to 11am utc. But still 3 hours and 30 minutes left. Is it not 24h?
I got usdo++ in karak since the pill farming ended, how can I claim my usual rewards from karak? Or do I need to wait until it's fully integrated in the UI to claim my usual?Mava (AI Support)
Currently, Karak is not fully integrated in the UI, which means your rewards might not be displayed. However, your rewards are still being counted in the background and will be displayed retroactively once the integration is complete.
Mava AI BetaDeltaRomeo
Did you cliked it ?
Mahiru
I got usdo++ in karak since the pill farming ended, how can I claim my usual rewards from karak? Or do I need to wait until it's fully integrated in the UI to claim my usual?
That's normal, we capped it at 22000% on the UI, to not show monkey numbers, so it's actually higherzo
WOW! GOOD
Hektor X
i am asking the same but not getting an answer. someone said it's a fault of the UI...
Mava (AI Support)
d1ke2306
I got USD0++, how do i know for how long its locked?
Noรฉ
That's normal, we capped it at 22000% on the UI, to not show monkey numbers, so it's actually higher
Hello Noรฉ, thank you a lot for your hard work to answer everyone.
I'm actually stacking USUALx and I'm the Earn page, but Next Cycle in shows "--"
Is there a better place to observe it ?Noรฉ
1. Seems like "next cycle" is bugged, try to do some troubleshooting steps 2. USUALx rewards don't show on the "Pending Rewards" tab
zo
Now there is 28M
sanuxo
its capped
zo
22000% is an error on front . Even when 5m was staked, it was marked as 22000%.
Hello Noรฉ, thank you a lot for your hard work to answer everyone.
I'm actually stacking USUALx and I'm the Earn page, but Next Cycle in shows "--"
Is there a better place to observe it ?Mava (AI Support)
Hi! If the 'Next Cycle' countdown is not displaying correctly, it might be a temporary issue. You can try refreshing the page, clearing your cache, or reconnecting your wallet. If the issue persists, you might want to check the dApp dashboard directly for more accurate information.
Mava AI BetaDeltaRomeo
it look like i will lost some usual like 1000+
Noรฉ
Well, do the steps sir, what's the issue?
Noรฉ
When are you getting that from? That's not the case
zo
When 25% is staked, the apr is 70% (apy 100%). Now it's more than 6% staked. It's 300% apr.
Usual
suncitymiami0874 has been warned
Reason: Posted an invite
Grpprofesional
Is there any plan to make a 50/50 USDC/USUAL pool? Iโd make it a balancer CoW AMM so that thereโs some protection from MEV
If I have UsualX in my wallet will the yield be deposited to my wallet or do I have claim everyday?
Noรฉ
No sir, idk how you calculate that
Mava (AI Support)
Please ensure that you're on the Ethereum network and that you have enough ETH to cover the gas fees. If the issue persists, try clearing your cache and cookies. If you still encounter problems, you might want to try using ParaSwap directly.
Mava AI BetaThila
If I have UsualX in my wallet will the yield be deposited to my wallet or do I have claim everyday?
Usual
zo
28M are currently staked. That's under 200% APR.
Noรฉ
yessir
zo
not now
deannguy3n
usualX get reward in usual?
Thila
600% for which asset?
Even not compounded, APR is >600%
Noรฉ
No, compounded t-bills are 4.5%
Noรฉ
USUALx gets 10% of the emission of all new USUAL. So, if there's a small % of the supply staked in USUALx, all stakers share big rewards
dannnny
everything is high when compounded
ilo00o
Itโs compounded
next cycle ends in 4 hours my friend, wait for that and if it's not updated by then I'll escalate this as a bug
maruli
If I just placed a stake usualx 10 hours ago, will I get a reward when the next cycle ends?
Thila
How is the APY so high on Usualx?
Thila
Oh ok.
Noรฉ
You can unstake USUALx at anytime - but there is a 10% fee on the unstaked amount
Thila
Can I exit Usualx staking any time and is there any condition to exit?
Iโm also interested on knowing exactly how the yield per usd0++ works
Does it generate 1 USUAL per year or how much of it per year?
Or does it based on the current usual market price?Mava (AI Support)
The yield for USD0++ is paid out in $USUAL. The $USUAL rewards are based on the minting rate and its underlying factors, but the translation into APY (or USD value) comes from the pre-market price of USUAL.
Mava AI BetaGrpprofesional
Iโm also interested on knowing exactly how the yield per usd0++ works Does it generate 1 USUAL per year or how much of it per year? Or does it based on the current usual market price?
Noรฉ
it resets in approximately 4 hours
BingChilling
Usualx compund usualx or earn usual need manual claim?
Noรฉ
I agree: - Airdrop - Listing - Ethena + BlackRock announcement - High staking APY More to come!
dannnny
SO what's is the exact time for every user, can you check?
0x_mate
do we know which time? because im still at 0, deposited 23 hours ago
We are not giving more than the yield - $USUAL emission is always lower that revenue, and disinflationary.
But since $USUAL has a market price, that price can increase the APY.loopielu
how much USUAL are you giving out per USD0++? It seems to vary. Before launch it was like 0.9, at current prices it is something like 0.73 if my calc is correct: $1.26 * 0.73 = 92% APY
Update: it's live (not manual), but actually updated after each distribution (each 24 hours cycle)sanuxo
ty goat ronaldo ๐ง๐ท
Grpprofesional
@Noรฉ btw nice strat you guys cooked to discourage jeeting
Noรฉ
Same time every day for all users
Noรฉ
Update: it's live (not manual), but actually updated after each distribution (each 24 hours cycle)
Grpprofesional
Not for jeeters unfortunately my friend
Grpprofesional
Team has said that staking is that way intended for long positions as in year long or such
0x_mate
is it 24 hours from my deposit, or its globally at the same time every day for all users?
Mava (AI Support)
Rewards from staking USD0++ are updated at the end of each cycle, which is every 24 hours. If you are not seeing the countdown, try clearing your cache, cookies, reconnecting your wallet, and switching networks.
Mava AI Beta0x_mate
at which time every day are rewards from staking USD0++ updated?
Noรฉ
$240M in 24 hours
sanuxo
strange, it hasnโt dropped since yday despite the TVL increasing by 300M
ron jeremy
The way the USUAL rewards are displayed in the dashboard is quite misleading
Noรฉ
It's live
deannguy3n
If you withdraw into Binance Wallet then USUAL will not show up. I think we need to add the token address manually
deannguy3n
Agree
Noรฉ
I've asked what we can do - but that's up to the Curator
Mava (AI Support)
USUALx gives 10% of the emission of all new $USUAL. Additionally, USUALx holders receive 33.33% of the fees collected from USD0++, which are used to buy back USUAL for distribution as weekly rewards.
Mava AI Betadeannguy3n
I have stacked USUALX. How do reward is paid?
Guu
@Noรฉ morpho is capped, borrowing cost is high, pls tell morpho to raise cap
deannguy3n
FYI now Binance allow to withdraw
@Noรฉ stated that $USUAL is only minted in exchange of future cashflow.
At current APYs you are giving out way more than the yield.
Example:
Let's say t-bill yield at 4%
That's ~17% ROI over 4 years if you consider compounding
Current APY is at 95%, so how does it add up?
Or am I missing something?Noรฉ
We are not giving more than the yield - $USUAL emission is always lower that revenue, and disinflationary. But since $USUAL has a market price, that price can increase the APY.
Batoosh
Basically have to stake 5-6 days to pay for the unstaking fees.
No, if there's no more Treasury to back $USUAL, $USUAL doesn't represent anything. It's minted vs future cashflow, literally revenue-based: if you take out that revenue, then it's just a random governance token.
The value accrual mechanism, as explained is:
- $USUAL is revenue-based, meaning, only minted in exchange of future cashflow (USD0++)
- Its emission is disinflationary, meaning, when revenue grows, less $USUAL is minted
- This means that $USUAL tracks protocol's growth, as each $USUAL has an increasing implied value when revenue (TVL) grows.
So:
- TVL grows -> less $USUAL are minted per USD of revenue, increasing scarcity
- Each $USUAL has a higher implied value, since it represents more revenue
- Markets prices it this way: $USUAL price's goes up
- APY increases because of that
- TVL continues to grow since APY is even more attractive, etc.loopielu
@Noรฉ stated that $USUAL is only minted in exchange of future cashflow. At current APYs you are giving out way more than the yield. Example: Let's say t-bill yield at 4% That's ~17% ROI over 4 years if you consider compounding Current APY is at 95%, so how does it add up? Or am I missing something?
Botanic
epic 
Noรฉ
So: USUALx is like a vault share, so it auto-compounds
Mava (AI Support)
Yes, USUAL yields accrue daily, and you do not need to claim them daily. You can claim your USUAL tokens at any time, allowing you to manage your gas expenses by claiming at your discretion. Reference: 1
Mava AI Betasanuxo
only 5% is currently staked because of the withdrawal freeze on nance once it opens, the dilution is coming
Botanic
those USUAL yields stack up right, no need to claim daily?
Noรฉ
Gm Gm beautiful
No, you're dividing an APY by 365, which doesn't work since it assumes daily compounding over a year - it'll be 60% per day on average if you stake a whole year at that APY.
But if you want to calculate pure rewards without compounding, you have to convert APY to APR, which is around >600% (actually higher because we capped the displayed APY), which is then 1.7% per day, without any compounding (basically if you withdraw each day).Botanic
Hey Sir Noe
No, you're dividing an APY by 365, which doesn't work since it assumes daily compounding over a year - it'll be 60% per day on average if you stake a whole year at that APY.
But if you want to calculate pure rewards without compounding, you have to convert APY to APR, which is around >600% (actually higher because we capped the displayed APY), which is then 1.7% per day, without any compounding (basically if you withdraw each day).
Psych
https://tenor.com/view/trump-trump-2024-maga-the-donald-donald-trump-gif-5733371666398431239
Noรฉ
^ @Batoosh
Noรฉ
No, you're dividing an APY by 365, which doesn't work since it assumes daily compounding over a year - it'll be 60% per day on average if you stake a whole year at that APY. But if you want to calculate pure rewards without compounding, you have to convert APY to APR, which is around >600% (actually higher because we capped the displayed APY), which is then 1.7% per day, without any compounding (basically if you withdraw each day).
Batoosh
Want to confirm the same thing @Noรฉ
Pascal
USD0 supply goes crazy lmao
Psych
22k % 365 is around 60%, SO FOR today is should get 60%? am i right
loopielu
btw why 4 year lockup?
Noรฉ
This depends on how many people stake, the emission rate of $USUAL, and the price
marcus771
12/19/2024 at 05:43:33 ESTSupply ?
BingChilling
We got blue balls by cz
BingChilling
Forever and ever. Not last bro people will ape in after binance release us
Psych
if i stake now will i get 60 % ROI for today
BingChilling
Please c let me out
Grpprofesional
This happened to me yesterday. I had to clear cookies and flush, then reconnect wallet. It might be different if you are running a ledger or a safe wallet
Stormtrooper Boi
12/19/2024 at 05:40:18 EST๐ฉ
Noรฉ
You should be able sir, what's happening
dannnny
Seems like lots of people having the issues
Noรฉ
I've forwarded the issue to the tech team
Why doesn't my panel show rewards?
Coinmarketcap is displaying 4b $usual as max supply. Is that correct, @Mava (AI Support)? Thought it was unlimited.Mava (AI Support)
The max supply of $USUAL is indeed 4 billion, which is planned to be minted over 4 years. The system is dynamic, and the actual amount minted depends on collateral yield conditions. If the RWA yield decreases, the number of $USUAL minted will be lower than the 4 billion target.
Mava AI Beta0xhilde
Coinmarketcap is displaying 4b $usual as max supply. Is that correct, @Mava (AI Support)? Thought it was unlimited.
AmIWhaleDeveloper
When UI should be fixed for all pendle YT?
Ok perfect.
Could you give feedback and ask for a little clarification on UI so it's clearer ?Noรฉ
Gave the feedback sir!
sanuxo
the great dilution is coming noooo
famousfxck
I still think APY will stay above 100% anyway
Bismillah good APY ๐
It's up and running on my side - do you use any extension that could block it or whatever? If not I'll forward that to techdannnny
No, I don't have any other extension other than my Web3 Wallet. I'm using Brave browser
@Noรฉ, any way to get rewards payed out in $usualx right away? or having the option to choose?Noรฉ
For USD0++, rewards are in USUAL, and there's no option for them to be automatically staked for the time being - could be in the future
"USUAL holders are entitled to 10% of all USUAL tokens minted through distributions. This means they are already earning rewards, not dependent on USUAL trading going live."
can you please confirm @Noรฉ0xhilde
@Noรฉ, any way to get rewards payed out in $usualx right away? or having the option to choose?
Noรฉ
It's up and running on my side - do you use any extension that could block it or whatever? If not I'll forward that to tech
RomainBlindy
Ok perfect. Could you give feedback and ask for a little clarification on UI so it's clearer ?
0x_mate
"USUAL holders are entitled to 10% of all USUAL tokens minted through distributions. This means they are already earning rewards, not dependent on USUAL trading going live." can you please confirm @Noรฉ
You have to wait for the end of the current cycle, each cycle is 24 hours - seems like you're not seeing the countdown, try to clear cache, cookies, reconnect wallet and switch networksNoรฉ
the UI on the right shows the detail
Not sure 10% fees are included here ? Are they ? Cause you get the 10% displayed on the right.
It's not clear on UIRomainBlindy
Not sure 10% fees are included here ? Are they ? Cause you get the 10% displayed on the right. It's not clear on UI
Noรฉ
Probably not - try directly through DEXes
Batoosh
Is there any fees to stake or unstake?
Thanks @Noรฉ
Noรฉ
Yes, for vesting requirements, you just have to hold the required amount in USD0++ through the vesting, no need to stake USUAL into USUALx
rocketorbit
binance withdrawal really soon
Batoosh
So for 1 i only have to hold USD0++ and does not matter if i stake USUAL or not.
1) Is it compulsory to stake Usual (into Usual X) to get the airdrop unlock (the 6 months monthly vest). Or we just have to hold USD0++ for the airdrop
2) how to claim the daily USUAL reward from USUAL X (Staking yield) ?Mava (AI Support)
1) You should hold the required USD0++ through the vesting period to receive the airdrop. 2) For USUALx, rewards are autocompounded, and you can unstake whenever you want to claim them.
Mava AI BetaBatoosh
1) Is it compulsory to stake Usual (into Usual X) to get the airdrop unlock (the 6 months monthly vest). Or we just have to hold USD0++ for the airdrop 2) how to claim the daily USUAL reward from USUAL X (Staking yield) ?
Noรฉ
this depends on your rewards, you are basically BE when 1 USUALx = 1 USUAL or more
0x_mate
"USUAL holders are entitled to 10% of all USUAL tokens minted through distributions. This means they are already earning rewards, not dependent on USUAL trading going live." is this true?
Rams ๐ท|CLONE|
12/19/2024 at 05:27:11 ESTok thank you
- When staking: it's normal since it's a vault share. It represents your share/proportion of the total vault.
- When unstaking, it's normal since there is a 10% unstaking feeRomainBlindy
Even excluding the 10% fee, unstaking is less than 1:1. Try it ๐
Morteza
If possible, guide me to collect it through the contract
Noรฉ
in around a week
Racheal
12/19/2024 at 05:26:53 ESTiโm here
Rams ๐ท|CLONE|
12/19/2024 at 05:26:44 ESTso when we expect?
Batoosh
Hi
Noรฉ
check pinned message
- Please manually change the network to Ethereum in your wallet (or switch and go back to Ethereum).
- Ensure you have enough ETH in your wallet to cover for gas fees: gas can spike really high
- Clear cache & cookiesMorteza
I cleared my cookies, switched browsers, and tried connecting with a different wallet, but I am still facing the same issue.
Rams ๐ท|CLONE|
12/19/2024 at 05:24:59 ESTWhen galxe rewards
You have to wait for the end of the current cycle, each cycle is 24 hours - seems like you're not seeing the countdown, try to clear cache, cookies, reconnect wallet and switch networks
Bosshehe0
12/19/2024 at 05:23:19 ESTI have tried all but the countdown still not showing, even on mobile
What is strange is both direction we get a negative result (ie if you stake or unstake 1000, you get less than 1000 both direction)
Pinot
12/19/2024 at 05:21:36 ESTmove
ox2f
I dont have a web3id
Noรฉ
Proposals are made by Debank community members, so you can do it!
Aerovall
thx
Noรฉ
Yes, we're working on it
ox2f
When usualx on dbank? Is there any proposal?
Mava (AI Support)
USUALx rewards are calculated at each block but updated on the UI daily. This means that while your rewards are being calculated continuously, they may not be visible immediately on the user interface. Please check back after a full day to see your updated earnings.
Mava AI BetaAerovall
when will february and april USD0++ YT show up on dashboard? @Noรฉ ?
ponchomaz
Wow so there are people who actually gave USD0++
Will this USD0++ that I will give to the DAO receive some yield or will it be possible to claim it? or it will be locked foreverNoรฉ
No, it's a donation to the DAO, it'll increase the DAO's (protocol) holdings and TVL
Can someone explain C. Market Cap of USD0 is $1,029,361,956.00, C. Market Cap of USUAL is $546,722,818.32....If USUAL gives right on pool of interest for 4 years bonds, and if we suppose that interest yearly is cca 4% ....thats cca 16% of USD0....how can now Market Cap of USUAL bit that big ?famousfxck
USUAL doesnโt give right of interest, USD0++ does that in the way of rewarding in USUAL
Noรฉ
Here: https://etherscan.io/address/0x81ad394c0fa87e99ca46e1aca093bee020f203f4
zhulle_
Can someone explain C. Market Cap of USD0 is $1,029,361,956.00, C. Market Cap of USUAL is $546,722,818.32....If USUAL gives right on pool of interest for 4 years bonds, and if we suppose that interest yearly is cca 4% ....thats cca 16% of USD0....how can now Market Cap of USUAL bit that big ?
Noรฉ
A vault share is basically saying: oh, you have the right to X% of the USUAL rewards accumulated for stakers. If the rewards increases and there's more stakers, the vault share will be lower, that's normal
Aerovall
may I ask when will february and april USD0++ YT show up on dashboard?
Bitking
Thank you bot, what is a vault share and how does that affect the peg
What about $USUAL staking for USUALx. Is there locking & unlocking times, is it pegged 1:1, if not what would cause it to be unpegged?Mava (AI Support)
When you stake $USUAL, it becomes USUALx. There are no specific locking or unlocking times; you can unstake whenever you want. The staking is not pegged 1:1 because USUALx is like a vault share, which means the value can vary based on the underlying assets and rewards.
Mava AI BetaBitking
What about $USUAL staking for USUALx. Is there locking & unlocking times, is it pegged 1:1, if not what would cause it to be unpegged?
Will this USD0++ that I will give to the DAO receive some yield or will it be possible to claim it? or it will be locked foreverponchomaz
You give it away to the DAO
Bitking
Great thanks that makes sense!
You'll give USD0++ to the DAO, if you chose the "Instant Unlock" for your airdrop, but you'll get all of your airdropped $USUAL tokens in exchange.Lezys
Will this USD0++ that I will give to the DAO receive some yield or will it be possible to claim it? or it will be locked forever
You'll give USD0++ to the DAO, if you chose the "Instant Unlock" for your airdrop, but you'll get all of your airdropped $USUAL tokens in exchange.ponchomaz
What is the contract address where this contributions are stored?
Noรฉ
You'll give USD0++ to the DAO, if you chose the "Instant Unlock" for your airdrop, but you'll get all of your airdropped $USUAL tokens in exchange.
Noรฉ
Yes, USDtb is backed by BlackRock's & Securitize's BUIDL
RomainBlindy
What is strange is both direction we get a negative result (ie if you stake or unstake 1000, you get less than 1000 both direction)
Is it normal behaviour stake/unstake USUAL to USUALx is not 1:1 (I don't speak about the 10% unstaking fee here but swap rate) ?Noรฉ
USUALx is like a vault share, so yes
- USDtb as a new collateral for USD0++
- A common vault where users earn yield from Usual & Ethena, plus Ethena's point system, Sats
- A 1:1 pool between USDtb, USD0 and sUSDeBitking
Thanks mate, essentially because USDtb is backed by RWA, it fits into Usuals model?
RomainBlindy
Is it normal behaviour stake/unstake USUAL to USUALx is not 1:1 (I don't speak about the 10% unstaking fee here but swap rate) ?
Hey folks, can someone explain in simple terms how Ethena partnership works? My initial thoughts were that we were competitors hahaNoรฉ
- USDtb as a new collateral for USD0++ - A common vault where users earn yield from Usual & Ethena, plus Ethena's point system, Sats - A 1:1 pool between USDtb, USD0 and sUSDe
Mava (AI Support)
When you deposit USD0++ on Morpho and borrow against it, you can still earn the base yield in the form of $USUAL on the entire amount of USD0++ deposited. This is similar to holding USD0++ in your wallet.
Mava AI BetaRice FM
12/19/2024 at 05:04:43 ESTHow does morpho work? If I deposit my USD0++ there and borrow against it, do I earn $USUAL on the whole amount of USD0++? Or is it deposit - borrowed?
Hey folks, can someone explain in simple terms how Ethena partnership works? My initial thoughts were that we were competitors hahaMava (AI Support)
The partnership between Usual and Ethena is about creating synergy in the DeFi ecosystem. Ethena enhances Usual's offerings with its delta-neutral strategies and composability, providing high yields. This collaboration maximizes yield opportunities and enhances liquidity, bridging traditional finance (TradFi) and decentralized finance (DeFi).
Mava AI BetaBitking
Hey folks, can someone explain in simple terms how Ethena partnership works? My initial thoughts were that we were competitors haha
Noรฉ
Because not a lot of people stake
How can the apy be so high ? Is it many tokens are created to start or there is too little participation ?
OxygenG
seems to me because withdrawals from binance are in maintenance
RomainBlindy
Are USUALx rewards also submitted to a 7-day period of verification ?
ron jeremy
Standard USUAL to usualx
- Please manually change the network to Ethereum in your wallet (or switch and go back to Ethereum).
- Ensure you have enough ETH in your wallet to cover for gas fees: gas can spike really high
- Clear cache & cookies
theBeyonder
Done all this yet still getting the same error
famousfxck
Can we please get 1 minute of silence of people who sold? ๐ฅฒ๐
How can the apy be so high ? Is it many tokens are created to start or there is too little participation ?Noรฉ
The APY for what sir, USUALx or USD0++ ?
ron jeremy
How can the apy be so high ? Is it many tokens are created to start or there is too little participation ?
yes, but for example.. if I choose the instant unlock option, will the USD0 that I will use be locked?Noรฉ
If you unlock USD0++ into USD0 there's no lock, that's the goal of unlocking sir
Lezys
yes, but for example.. if I choose the instant unlock option, will the USD0 that I will use be locked?
Noรฉ
No: making a token cross-chain is easier than deploying all the contracts on Arb
YarZ
12/19/2024 at 04:56:25 ESTinternal server error when check my address
Noรฉ
You have to wait for the end of the current cycle - each cycle is 24 hours
Fearrenear
Then is it possible to stake usual from arbitrum chain once Its live?
Noรฉ
if you unlock your USD0++ into USD0, you'll have almost 1:1 USD0 right now
Gucci_Gopnik
When are the USUALx staking rewards distrubted as it has a 22000% APY
Kosmo
u pending reward ? i think we have the same issue
YarZ
12/19/2024 at 04:55:38 ESTno one reply
HappySean
Question: I bought 300u worth YT usd0++ (which is about 10000 usd0++ actually), but the "positions" showed in the pending rewards tab shows I only have 300u Usd0++, is it a bug?
Noรฉ
Please open a ticket sir
Lezys
hey Noรฉ, What happens to my USD0 if I use the Instant Unlock option?
Usual
YarZ
12/19/2024 at 04:54:46 ESThelp me my rewards is error
Noรฉ
The APY is displayed live on the dApp, for all Usual products
oao
Thx
ron jeremy
Hi . Is the apy really ~60% daily on USUAL ? there a lot of misinformation going around
Mava (AI Support)
USD0++ is locked for a maturity period of four years. However, you can sell USD0++ for USD0 anytime on the secondary market with minimal slippage. At the end of the maturity period, you can fully unlock the USD0 from your USD0++.
Mava AI Beta
cool, I know rewards will cover it. I just hate it when project have "secret" fees, why not stating that unstaking has 10% fees on staking page? It's cool just be transparent about itNoรฉ
There is no secret fee sir, it's shown when you stake (in the right side panel)
Lezys
For instant unlocking of my USD0, how long will it stay locked?
Yes, it is the same site. When I connect my wallet and confirm the signature, nothing else is shown to meNoรฉ
- Please manually change the network to Ethereum in your wallet (or switch and go back to Ethereum). - Ensure you have enough ETH in your wallet to cover for gas fees: gas can spike really high - Clear cache & cookies
Fearrenear
Noe.. usual live on arbitrum next week?
Crypto Patrick
You should have sufficient ETH to cover you transactions... .
It's not stated - you can't bypass the unstaking fee, you can only stake long enough for your rewards to compensate for itMCbobi
cool, I know rewards will cover it. I just hate it when project have "secret" fees, why not stating that unstaking has 10% fees on staking page? It's cool just be transparent about it
Freeze
thank yous sir
Crypto Patrick
Enough GAS money :p
Morteza
Yes, it is the same site. When I connect my wallet and confirm the signature, nothing else is shown to me
Noรฉ
That's up to your own calculations and assumptions sir
Crypto Patrick
K that it's still a potential proposal thing ๐
It's not stated - you can't bypass the unstaking fee, you can only stake long enough for your rewards to compensate for itoao
Is one month long enough?
Noรฉ
Remember that the unstaking fee is redistributed to those who stay staking
V1nn1
should my USUALx amount increase? How often?
10% for sure but I heard it was going to be removed for long time stakes or reduced at x rate. Maybe it's till in a proposal state. Anyhow if you stake for a month or 3 that 10% will be peanuts.Noรฉ
That's not the case sir - but DAO could vote on lowering the tax later on, yes!
Noรฉ
It's not stated - you can't bypass the unstaking fee, you can only stake long enough for your rewards to compensate for it
Crypto Patrick
Don't find the corerct docu on it either
Crypto Patrick
10% for sure but I heard it was going to be removed for long time stakes or reduced at x rate. Maybe it's till in a proposal state. Anyhow if you stake for a month or 3 that 10% will be peanuts.
Noรฉ
You can check https://docs.usual.money/resources-and-ecosystem/smart-contracts
Noรฉ
- Please manually change the network to Ethereum in your wallet (or switch and go back to Ethereum). - Ensure you have enough ETH in your wallet to cover for gas fees: gas can spike really high - Clear cache & cookies
I am eligible for the airdrop, and I have connected my wallet successfully. I also signed the confirmation message as required. However, the checker and claim sections do not appear for me, and I cannot proceed with claiming my tokens.
I cleared my cookies, switched browsers, and tried connecting with a different wallet, but I am still facing the same issue.Noรฉ
Are you on
MCbobi
Where are more info about usual unstaking fees
Freeze
AI bro
err its redacted bro
Mava (AI Support)
[Here is the Etherscan link](https://etherscan.io/address/[redacted wallet address]#readProxyContract) where you can find the parameters for emission, specifically getRateMin and GetM0.
Mava AI BetaI'll stake my USUAL once i'm allowed to wd from binance. what is the real expected APY if i hodl for a year, in term of USUAL?Mava (AI Support)
The expected APY for staking USUAL can vary, but for USUALx, the current APY is around 20,000%. However, please note that APY can fluctuate based on various factors such as the number of stakers and the protocol's revenue. It's important to check the latest updates on the Usual platform for the most accurate information.
Mava AI BetaFreeze
can you link me the etherscan contract with the parameters for emission
OxygenG
I'll stake my USUAL once i'm allowed to wd from binance. what is the real expected APY if i hodl for a year, in term of USUAL?
onebadday
means it doesn't appear on a day to day basis?
MCbobi
where is that stated? also what is "long enough"
Noรฉ
You should - but retroactively probably
Morteza
I am eligible for the airdrop, and I have connected my wallet successfully. I also signed the confirmation message as required. However, the checker and claim sections do not appear for me, and I cannot proceed with claiming my tokens. I cleared my cookies, switched browsers, and tried connecting with a different wallet, but I am still facing the same issue.
Crypto Patrick
Don't know the exact time.
onebadday
Do we still get the apy if we hold usd0+ on arbitrum ser?
Crypto Patrick
The tax is forfeited when you stake long enough.
Btw, for those asking: it's normal to receive less USUALx than USUAL tokens you already have when staking/swapping.
USUALx is like an LP token, you have less share but it doesn't impact the nominal $USUAL amount.V1nn1
but I ask about unstaking - 1 USUALx โ 0.9620 USUAL why not 1:1 or more usual for staked version?
When u unstake UsualX you will get a higher amount of usual minus the unstaking tax... .MCbobi
you get higher amount only If you make +10% usual while staking.. that's no good m8
Crypto Patrick
Tons of scam sites around for usual airdrop.
Crypto Patrick
Pls make sure you are on the real one and not a fake/scam site.
Noรฉ
pinned a message to this channel.
12/19/2024 at 04:42:13 ESTSir, can you help me to withdraw my airdrop through the contract because I can't withdraw it on the siteNoรฉ
Why can't you do it from the site sir?
Morteza
Sir, can you help me to withdraw my airdrop through the contract because I can't withdraw it on the site
famousfxck
I have never heard about someone staking for a quick buck
JazzySt
Who invests long term and decides to withdraw in a week
Noรฉ
Btw, for those asking: it's normal to receive less USUALx than USUAL tokens you already have when staking/swapping. USUALx is like an LP token, you have less share but it doesn't impact the nominal $USUAL amount.
Crypto Patrick
Hence the tax ๐
famousfxck
Isnโt staking a thing for longterm believers of a project?
At current APY you will need at least 10 days to cover the unstaking tax to see any upside (more tokens) when unstaking.famousfxck
Is that a bad thing then? ๐๐
Crypto Patrick
Note that APY will decresase every day to more people start staking.
At current APY you will need at least 10 days to cover the unstaking tax to see any upside (more tokens) when unstaking.
famousfxck
These are scam bots that delete their message when being tagged
Crypto Patrick
When u unstake UsualX you will get a higher amount of usual minus the unstaking tax... .
JazzySt
So I just tag Noรฉ and what do I write next to it? Just scam?
Hektor X
someone said that it's just a bug in the UI and you get 1:1 normally. But it has not been confirmed by any official. I am also waiting for an official statement before I transfer my 40k usual.
famousfxck
@Noรฉ scam ID 1185848779878961174
Crypto Patrick
That AI bot is actually nice addon, didn't see this yet in to much projects.
MCbobi
this must be a joke
Mava (AI Support)
USUALx is a staked version of USUAL, which means it is designed to provide additional rewards and governance rights. The ratio of USUALx to USUAL can be less due to the staking mechanism, where USUALx holders receive a portion of the total USUAL distribution. This means that fewer USUALx tokens are needed to represent the same value as USUAL tokens, as they are backed by additional rewards and rights.
Mava AI BetaV1nn1
why USUALx ratio is less than USUAL?
Crypto Patrick
Anyhow my hope it fomo's to 5$ before retracting :p back to around 1$
Usual
Hello! yesterday I staked usual, but if I try to unstake it shows that I get less usual out than I got in. Why is that? It should be same or moreMava (AI Support)
When you unstake USUAL, a 10% fee is applied to the unstaked amount. This fee is redistributed to those who continue staking, rewarding long-term behavior. Therefore, you receive less USUAL than you initially staked. References: 1
Mava AI Betafamousfxck
Uh no if you bought at 0.80$ youโd be up 50% at 1.20$
Crypto Patrick
Or at around 90c
MCbobi
Hello! yesterday I staked usual, but if I try to unstake it shows that I get less usual out than I got in. Why is that? It should be same or more
Crypto Patrick
If yo ubought the dip at 65 c yes :p
famousfxck
God speed ๐ซก bless the team
famousfxck
Already up 50% since yesterday
Crypto Patrick
A 100% pamp would be extremely nice ๐
famousfxck
We just flipped Sky in TVL ๐ฅ๐
JazzySt
Good morning โ๏ธ
famousfxck
Sellers rekt man gg
Noรฉ
try to usdc sir, more optimized
piiierre
anyone having issue swapping usual to usdt ?
Crypto Patrick
Cause most ppl trade it on Binance so the tokens are located there...?
Pascal
Why are over 80% of circulating USUAL tokens in Binance hot wallets?
Mava (AI Support)
Once the maximum supply of 4 billion USUAL tokens is reached, the system can become deflationary through mechanisms such as burning tokens or reducing the minting rate. This is often achieved by implementing a structured approach that adapts to macroeconomic conditions and protocol-specific developments, ensuring long-term sustainability and alignment with user incentives.
Mava AI BetaCrypto Patrick
If the 4B is reached, how does it get deflationary then?
Usual
Pascal
How much % of USUAL tokens are currently staked?
V1nn1
but why USUALx ratio is less than USUAL?
Crypto Patrick
What happens actually with the 10% unstake fee? Does it get burned? ๐
Usual
Mava (AI Support)
The USUALx to USUAL ratio may not be 1:1 due to the yield or rewards accumulated while the USUAL was staked. Over time, the value of USUALx increases relative to USUAL as it accrues rewards, which is why the ratio might differ when you unstake.
Mava AI BetaV1nn1
why during unstaking USUALx has not 1:1 ratio to USUAL?
Mava (AI Support)
The formula for calculating USUAL emissions involves several parameters such as the minting factor, which depends on variables like TVL (Total Value Locked), revenue, and interest rates. The emissions are adjusted based on these performance indicators to ensure fair and efficient distribution. For detailed information, you can refer to the smart contract on Etherscan, which includes key variables like getRateMin and getM0 used in the formula. References: 1,2
Mava AI BetaMava (AI Support)
USUAL tokens can be staked or unstaked at any time without a mandatory lock-up period. However, the DAO has the authority to impose an unstaking fee, which is applied as a percentage of the USUALx being withdrawn. Reference: 1
Mava AI BetaFreeze
can you provide the formula for calculating usual emissions?
Pascal
How long are the tokens locked up for $USUAL staking?
PapaBrim
When 24 hour cycle end for Usualx ?
Usual
Morteza
bro can you help me
Mava (AI Support)
The yield calculation for USUAL tokens is influenced by several factors, including the minting factor, which depends on variables like Total Value Locked (TVL) and revenue. The yield is also affected by the market price of $USUAL. As the supply of USD0++ grows, the minting rate decreases, fostering scarcity and rewarding early adopters. The yield is speculative and is distributed in the form of USUAL tokens, referred to as Alpha Yield. References: 1,2
Mava AI BetaPascal
How is the 22k yield calculated?
Usual
Mava (AI Support)
You can view the collateral assets backing USD0, Usual's stablecoin, through Usual's platform. The collateral is primarily composed of secure, short-term assets like US Treasury Bills. Usual maintains real-time transparency of these reserves, ensuring users can access the latest information on collateral. This information is typically available on Usual's official website or through their dApp. References: 1,2
Mava AI Beta
CKไป
1196, ignore that 119.6
Rogue
where i can see the collateral assets?
Mava (AI Support)
No, rewards from staking USUALX auto-compound into your USUALX position and do not require a 7-day waiting period. Only rewards from USD0++ have a 7-day period before they can be claimed.
Mava AI Beta
Mava (AI Support)
If you are referring to unstaking USUALx, there is a 10% unstaking fee. Therefore, if you are unstaking 1196 USUAL, you would pay a fee of approximately 119.6 USUAL, leaving you with around 1076.4 USUAL.
Mava AI Beta
Crypto_beaut
What was the decision made about Galxe users or we shouldn't talk about again?
famousfxck
Buy or stake
piiierre
thanks
piiierre
so the ratio will decrease with the years ?
SY
Like wsteth
SY
Usualx is yeild baring token
piiierre
No here the fee is during staking process, why usual/usualX rate is not 1:1 ?
abab8696
I stake some usd0, but rewards is 0 for a long time
Rahul
How can I get usual
Fuad621
12/19/2024 at 04:19:30 ESTis galxe participant dont gate airdrop
Morteza
Why I connect it and verify a signature but it doesn't show anything
Mava (AI Support)
When you stake USUAL, there is a 10% unstaking fee applied to the overall staked amount. This fee is used to reward long-term stakers. In your case, staking 1000 USUAL results in a 10% fee, which is why you receive 930 USUALx.
Mava AI BetaKosmo
y
piiierre
Question : I stake 1000 USUAL, I receive 930 USUALx why 70$ tax ?
Morteza
I did this before and I tried it with other browsers and wallets, it doesn't show anything after signing
Kosmo
and u wallet is not connected bro
Kosmo
clear cache and cookie
Morteza
Look, it shows my token number here, but the withdrawal link doesn't work
Lemoussu
What browser do you use ?
Lemoussu
Perfect, thanks !
Kosmo
xd
ponchomaz
thats my wallet
Kosmo
0x06b964d96f5dcf7eae9d7c559b09edce244d4b8e
Lemoussu
What is the USUAL.x token smart contract address ?
Meysam
guys staking usual tells me it earns 22000% APY. Is that real??
ahrvz
12/19/2024 at 04:12:40 ESTwhat is the contract address for usd0++ on arb?
ahrvz
12/19/2024 at 04:12:08 ESTis there also usd0++ on arb?
If you know how to withdraw the airdrop token through the contract, please help me, thank youKosmo
i try but show me u issue bro
If you know how to withdraw the airdrop token through the contract, please help me, thank youUsual
Morteza
If you know how to withdraw the airdrop token through the contract, please help me, thank you
Fuad621
12/19/2024 at 04:09:40 ESTwhen galxe participant check and claim
ahrvz
12/19/2024 at 04:09:26 ESTwhich dapps on arb can buy usd0
Kosmo
yes i have claim my alloc and stake
Morteza
I mean, have you ever withdrawn the contract that is on the ethereum network?
This doesn't work for me it shows me the number of tokens but when I click on the withdraw link I can't withdraw itKosmo
screen
Morteza
This doesn't work for me it shows me the number of tokens but when I click on the withdraw link I can't withdraw it
Mava (AI Support)
Yes, USD0 tokens can be purchased on the secondary market, initially available on decentralized exchanges (DEXs) and soon to be listed on centralized exchanges (CEXs). You can also swap directly on Arbitrum to buy USD0. References: 1
Mava AI Betaahrvz
12/19/2024 at 04:05:30 ESTis there any chain can buy usd0 aside from eth
Kosmo
scam
Morteza
Can you tell me the withdrawal method?
Kosmo
yes i have claim
angelyo
is there a dashboard or an address where we can track how much unstaking fee the protocol has generated?
Morteza
Airdrop token withdrawal
barberellaj2
Hi
Kosmo
Witch contract of Usual ? UsualX staking ?
Morteza
Usual
Kosmo
witch contract ?
Morteza
Has anyone ever withdrawn tokens through the contract?
Rejeki
12/19/2024 at 03:53:48 ESTanyone know exactly when the cycle ends each day? like what time
Prince_Kaneki
Galxe checker will be available when
1049xyz
Is the APY decreasing?
Rejeki
12/19/2024 at 03:50:00 ESTwhat time exactly will the cycle end?
Rejeki
12/19/2024 at 03:49:24 ESTwhen is the reward cycle ends each day?
If I hold USD0++ for less than 7 days, will I still get USUAL rewards? Do I need to wait 7 days before I can claim this reward?duo
If I hold USD0++ for less than 7 days, will I still get USUAL rewards? Do I need to wait 7 days before I can claim this reward?
What time is the daily reward settled, meaning when can I see the increase in quantity on the UI?1049xyz
What time is the daily reward settled, meaning when can I see the increase in quantity on the UI?
Lynley
Are the pools only on ETHN mainnet?
i though that i am getting emisions that are compounded into my position. Meaning I get increase in amountCKไป
i thought so, but the fact that u can see amount was not increased, and value is slowly increasing haha
usualx APY now about 60% per day
Thila
What's the apy on Usualx?
Bzyuck
i though that i am getting emisions that are compounded into my position. Meaning I get increase in amount
CKไป
your usualx value, not amout, will incesing slowly
Bzyuck
yeah but what time excatly
Bzyuck
hi when is distribution of rewards for usualx?
Gunner funk
When and how will USUAL token gets minted? I see supply is infinite
Mava (AI Support)
USD0 tokens can be purchased on the secondary market, initially available on decentralized exchanges (DEXs) and soon to be listed on centralized exchanges (CEXs). Reference: 1
Mava AI Beta
Ethan Fro
How can I buy usd0?
rxbt
12/19/2024 at 03:32:38 ESTHi, when does the rewards start accruing with usd0++?
mrrobbo
12/19/2024 at 03:31:54 ESTlegend
davesinaga
you can check on bottom APY
mrrobbo
12/19/2024 at 03:29:23 ESTyeh but where is that in the app, cant find 'forecast' sorry
Rejeki
12/19/2024 at 03:29:08 ESTAPY forecast for $USUAL
mrrobbo
12/19/2024 at 03:28:51 ESTwhere is this modal from
This assume that the 22,037% APY remains the same for a year (Which is not likely). Then it calculate average daily rewards for that yeardavesinaga
@Noรฉ @Adli