#

๐Ÿ’ฌใ†general
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 4 of 6
Generated with DiscrubDiscrub Logo

sevencoinrole-icon

01/10/2025 at 10:13:32 EST

@Noรฉ USUAL Price go down fast,which means lower apy, so people will pay less usual next week to unstake by 1:1?

Semper

01/10/2025 at 10:13:31 EST

Just joined this group to see what's up, immediately opened a chunky short with a trailing stop, RIP guys

interectedrole-icon0.49$ incoming.

LazyMicroberole-icon

01/10/2025 at 10:13:29 EST

honestly I'd ape in like a madman. 100%+ growth in 3.5 years is like 22.6% fixed APY, plus whatever you get in USUAL rewards (if it tanks to 0, that also means you can exit anytime at 1:1 value)

Haroonurdrole-iconim holding usd0++ in wallet and earning apy in usual and after 6 months we get back value of usd0++ 1:1 in usd0 or usdc back, but the reward apy in usual token which is losing its value over time it can easily reach to 0.1 or even much lower. if redeem early then we give up usual accumulated reward and get back 1:1 mint??

BingChillingrole-icon

01/10/2025 at 10:13:27 EST

yes if usual $0 you can redeem it for free it's about quantity not the price

xstryderrole-iconno benefit if you redeem now, you will get 13% loss. you need to accumulate 6 months of usual from now to be able to unstake at $1. to be honest, usual team just made a death spiral scenario doing things like this. in 6 months, TVL will be less than 1B, perhaps 300M. currently people will farm enough usual to exit usd0++ at breakeven

Jappixrole-icon

01/10/2025 at 10:13:16 EST

$USUAL is now at 0.56 USDT, and the charts show no signs of stopping the decline. Even holding USUAL to exit at breakeven is a huge risk.

0xMTrole-icon

01/10/2025 at 10:12:50 EST

KEK SEK SEC would love this case and use it as a case study

xstryderrole-iconno benefit if you redeem now, you will get 13% loss. you need to accumulate 6 months of usual from now to be able to unstake at $1. to be honest, usual team just made a death spiral scenario doing things like this. in 6 months, TVL will be less than 1B, perhaps 300M. currently people will farm enough usual to exit usd0++ at breakeven

Haroonurdrole-icon

01/10/2025 at 10:12:49 EST

im holding usd0++ in wallet and earning apy in usual and after 6 months we get back value of usd0++ 1:1 in usd0 or usdc back, but the reward apy in usual token which is losing its value over time it can easily reach to 0.1 or even much lower. if redeem early then we give up usual accumulated reward and get back 1:1 mint??

kobbertrole-icon

01/10/2025 at 10:11:30 EST

Lol what legal consequences KEK

divisionbyzerorole-iconBest option for the team would probably be to just open the 1:1 redemption again and provide an exit period. Currrently, all confidence in the protocol is lost and TVL will probably plummet. Team might also suffer legal consequences I assume.

CryptoWhalerole-icon

01/10/2025 at 10:11:21 EST

@Noรฉ

bigsby_solrole-icon

01/10/2025 at 10:11:06 EST

i for one see this as an investment opportunity

divisionbyzerorole-icon

01/10/2025 at 10:11:01 EST

Best option for the team would probably be to just open the 1:1 redemption again and provide an exit period. Currrently, all confidence in the protocol is lost and TVL will probably plummet. Team might also suffer legal consequences I assume.

Shaunrole-iconI would like to ask if I want to burn and redeem, and I use Morpho's revolving loan, then is my USD0++ base part of my principal, or is it after the revolving loan? @Noรฉ

Usualrole-icon

01/10/2025 at 10:10:24 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Shaunrole-icon

01/10/2025 at 10:10:24 EST

I would like to ask if I want to burn and redeem, and I use Morpho's revolving loan, then is my USD0++ base part of my principal, or is it after the revolving loan? @Noรฉ

endoflinerole-icon

01/10/2025 at 10:10:05 EST

@Noรฉ hi, Could you please explain where does revenue come from? How to calculate future revenue? Is it possible?

interectedrole-icon

01/10/2025 at 10:10:03 EST

0.49$ incoming.

gigirole-iconRegarding next week 1:1 Early Unstaking, does a USD0++ staker get back USD0 1:1 in exchange for burning all the $USUAL rewards he generated staking? @Noรฉ

xun2xrole-icon

01/10/2025 at 10:09:48 EST

Any ratio or math for 10k usd0++ need $usual to early unstake ?

Investusrole-icon

01/10/2025 at 10:09:45 EST

@Noรฉ We who stake UsualX/Usual don't need to do anything? And are not affected by this other than the Usual share price going down?

Noรฉrole-iconUSD0++ isn't a stablecoin, it's a liquid bond

digitaldaikonrole-icon

01/10/2025 at 10:09:33 EST

no i am certain it was redeem 0.9995 cent per the team floor price machine

Fwankrole-icon

01/10/2025 at 10:09:30 EST

why is everyone yapping on each other

theDealer14role-icon

01/10/2025 at 10:08:21 EST

guys chill out, the rewards are there for the taking

Haroonurdrole-iconthose who minted 1:1 will they be in loss, what is the benefit for them

xstryderrole-icon

01/10/2025 at 10:08:15 EST

no benefit if you redeem now, you will get 13% loss. you need to accumulate 6 months of usual from now to be able to unstake at $1. to be honest, usual team just made a death spiral scenario doing things like this. in 6 months, TVL will be less than 1B, perhaps 300M. currently people will farm enough usual to exit usd0++ at breakeven

soham_airole-iconThere should be a tweet regarding this.. TEAM should respond

Virtusrole-icon

01/10/2025 at 10:08:05 EST

Whole CT talking about Usual since tonight, and yet no response... What could seems worse for people holding project token

tRoomztrole-icon

01/10/2025 at 10:07:28 EST

https://x.com/DeFi_Made_Here/status/1877693824790622480?t=Pozvyp4UAFgBIQxAin8afA&s=19

Gauntlet withdrew ~$43m from usd0\+\+ markets just before the drama started gg nerd \+ RIP bozo \+ suck on deez immutable nuts \+ thanks for playing

embed
footer-iconTwitter โ€ข 01/10/2025 07:27:48 EST

m.saadhashrole-icon

01/10/2025 at 10:07:19 EST

I have usual in binance and I am continues loosing money should I hold need advice

soham_airole-icon

01/10/2025 at 10:06:56 EST

There should be a tweet regarding this.. TEAM should respond

xtreme11role-icon

01/10/2025 at 10:06:16 EST

People are panicking for no reason Imagine who benefit from Usual downfall I hope you got the ans

์•ผ๋ฏธrole-icon

01/10/2025 at 10:06:01 EST

In my opinion, it would be good to conduct an AMA. People keep repeating the same thing. It would be nice to have a summary of the announcements.

gigirole-iconRegarding next week 1:1 Early Unstaking, does a USD0++ staker get back USD0 1:1 in exchange for burning all the $USUAL rewards he generated staking? @Noรฉ

kobbertrole-icon

01/10/2025 at 10:05:43 EST

180 days worth of reward in worst case

gigirole-icon

01/10/2025 at 10:05:20 EST

Regarding next week 1:1 Early Unstaking, does a USD0++ staker get back USD0 1:1 in exchange for burning all the $USUAL rewards he generated staking? @Noรฉ

Screen_Shot_2025-01-10_at_4.03.51_PM.png

211.77KB

Deiciderole-icon

01/10/2025 at 10:05:17 EST

For peeps who just got in. You can find info in # ๐Ÿ“ฃใ†announcements # ๐Ÿ“Šใ†usual-strategies And there's faq pinned here.

76ixerrole-icon

01/10/2025 at 10:04:46 EST

why not deploying new PT Morpho vault?!!??!

CryptoMDzrole-iconHow USD0++ will raise again to $1 ?

msulc (๐Ÿ”,๐ŸŸ)role-icon

01/10/2025 at 10:04:46 EST

Because it's fully backed. It will raise over time until 2028.

DORArole-icon

01/10/2025 at 10:04:45 EST

MEV Capital continuously withdraws USDC whenever USDC is supplied.

CryptoMDzrole-iconHow USD0++ will raise again to $1 ?

Investusrole-icon

01/10/2025 at 10:04:36 EST

Right now, it's at 0.92 on Curve and slowly increasing over time, plus $usual rewards.

xstryderrole-iconshould be just set at 87c at day 1 tbh, then this fiasco won't happen

Haroonurdrole-icon

01/10/2025 at 10:04:17 EST

those who minted 1:1 will they be in loss, what is the benefit for them

Shaunrole-iconI would like to ask if I want to burn and redeem, and I use Morpho's revolving loan, then is my USD0++ base part of my principal, or is it after the revolving loan?

Usualrole-icon

01/10/2025 at 10:03:33 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Shaunrole-icon

01/10/2025 at 10:03:33 EST

I would like to ask if I want to burn and redeem, and I use Morpho's revolving loan, then is my USD0++ base part of my principal, or is it after the revolving loan?

kobe.herole-icon

01/10/2025 at 10:03:24 EST

can't connect to the website?

KOP.role-icon

01/10/2025 at 10:03:06 EST

Theres no free lunch in this world - am astonished how many people here does not know bond pricing which is normal in TradFi. The mechanism is working exactly as it should be designed. the USD0:USD0++ ratio of 1:1 means that you are betting that the yields you are getting from USUAL is at least 13.5%...

xun2xrole-icon

01/10/2025 at 10:02:02 EST

@Noรฉ please Ser, give a link of previous announcement that Team will reset the price to 0.87

Gradierrole-iconTeam played a forced hodl

0xMTrole-icon

01/10/2025 at 10:01:49 EST

Yes exactly, because all the retailers have paid the zero-coupon yield upfront to the team and now wait and get par back in 4 years. If lucky you'll get extra pay from repos, which is usually 1-2%. With token inflation it's unlikely

theDealer14role-iconGuys stop the FUD, this project is here to stay. This project has been build to help its community, ups and downs are normal. The panic was just caused by people not knowing that USD0++ is not actually a stable coin, thats it. Sit back, relax and enjoy the rewards

Cowboy Jamesrole-icon

01/10/2025 at 10:01:42 EST

Iโ€™m not really seeing my rewards in USUALx go up in my dashboard. I know thereโ€™s a way without having to give out my info to someone spamming me on DMs. Do you know how I can check? The Usual is not accurate for me. If it is, then Iโ€™m not getting what they claim I should get (over 200% APY) on a daily basis.

CryptoMDzrole-icon

01/10/2025 at 10:01:03 EST

How USD0++ will raise again to $1 ?

the.goatrole-icon

01/10/2025 at 10:00:42 EST

@noe Gauntlet withdrew yes no ?

Gradierrole-icon

01/10/2025 at 10:00:07 EST

Team played a forced hodl

kobbertrole-icon

01/10/2025 at 09:59:51 EST

Did you guys think you were getting usual to dump for free? omegakek

Cowboy Jamesrole-iconI know how you feel. My holdings in USUAL fell by about half as well. The bull run hasnโ€™t started yet, so I wouldnโ€™t worry unless it is still this low in May or June.

MarkAgeevrole-icon

01/10/2025 at 09:59:24 EST

I held usd0++. It can't grow. I just wanted to earn interest. And now I have to wait 4 years just to get my money back....

Deiciderole-icon

01/10/2025 at 09:58:23 EST

9g8wf8.jpg

27.82KB

divisionbyzerorole-icon

01/10/2025 at 09:57:34 EST

Very ugly game by the team here. We'll see how it plays out.

09:57:34

Very ugly game by the team here. We'll see how it plays out.

Drahorrole-icon

01/10/2025 at 09:57:30 EST

Hello, if I exit my usd0++ position (or swap for a PT pendle position), what happens with my "pending rewards"? Is it still distributed daily for the next 7 days, or is it forfeited?

timtanrole-iconstupid question and fairly new to usual i swapped to usualx for a couple of days now. why cant i see my rewards on the earns page?

Noรฉrole-icon

01/10/2025 at 09:57:20 EST

# ๐Ÿค–ใ†troubleshooting sir

timtanrole-icon

01/10/2025 at 09:57:10 EST

stupid question and fairly new to usual i swapped to usualx for a couple of days now. why cant i see my rewards on the earns page?

Noรฉrole-iconovernight repos

0xMTrole-icon

01/10/2025 at 09:56:45 EST

Ok so USDO is zero,-coupon (that's how you guys have turned it into now) plus the bonds are loaned out (repos) and earn haircut % on top? These two are separate things, if you were selling them in a pool then it's different.

MarkAgeevrole-iconGuys, what happened? I went to my wallet today and saw -10,000$. Although I held stablecoins

Cowboy Jamesrole-icon

01/10/2025 at 09:56:16 EST

I know how you feel. My holdings in USUAL fell by about half as well. The bull run hasnโ€™t started yet, so I wouldnโ€™t worry unless it is still this low in May or June.

Noรฉrole-iconPeg is pegged to something: a floor.

nihilistic button clickerrole-icon

01/10/2025 at 09:56:05 EST

You literally called USD0++ a peg. Are you reading your own message from my screenshot. Jfc... How can you get away with that misrepresention? Can you answer my question please, can we have a X spaces set up with the founder please?

theDealer14role-iconGuys stop the FUD, this project is here to stay. This project has been build to help its community, ups and downs are normal. The panic was just caused by people not knowing that USD0++ is not actually a stable coin, thats it. Sit back, relax and enjoy the rewards

Usualrole-icon

01/10/2025 at 09:55:32 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

theDealer14role-icon

01/10/2025 at 09:55:31 EST

Guys stop the FUD, this project is here to stay. This project has been build to help its community, ups and downs are normal. The panic was just caused by people not knowing that USD0++ is not actually a stable coin, thats it. Sit back, relax and enjoy the rewards

blurrrole-iconout of interest why did the team promote a money market that hard pegged the obviously not worth $1 bond to $1, if nothing else that doesn't seem very sensible?

satsa_Originalrole-icon

01/10/2025 at 09:55:12 EST

They also used that language... why would you say that?

usual.png

7.09KB

Angel OverSoulrole-iconReady usual January 7th, bought usual then I'm down with$3000. ๐Ÿ˜ฆ

LavaLittleBird - Chasing

01/10/2025 at 09:54:30 EST

Me neither

nicolas1213role-icon

01/10/2025 at 09:54:26 EST

d

blurrrole-iconout of interest why did the team promote a money market that hard pegged the obviously not worth $1 bond to $1, if nothing else that doesn't seem very sensible?

dฮžrkfingah | SBCrole-icon

01/10/2025 at 09:54:14 EST

Whoooopsie

Asouissi85role-iconIs it a fake ?

Mg | Solayer code: 95ZMB9๐Ÿ•ต

01/10/2025 at 09:53:58 EST

Yes @Asouissi85

treebeardrole-icon

01/10/2025 at 09:53:58 EST

Although it's not a CD, an analogy is a CD. You buy them 1:1, but they instantly "lose value" because to redeem them early you generally pay a fee of 3-6 months interest even if you didn't earn that yet. That's effectively the structure of usd0++ except it's not fixed rate, you have more than 1 early redemption option, and you get a ton of usual

โค๏ธ

4

avatar-icon

trus

.trus

avatar-icon

Gradier

gradier88

avatar-icon

Noรฉ

0xnoe

avatar-icon

Jimny2024

locnguyen_31

โค๏ธ

Close

blurrrole-icon

01/10/2025 at 09:53:37 EST

out of interest why did the team promote a money market that hard pegged the obviously not worth $1 bond to $1, if nothing else that doesn't seem very sensible?

Investusrole-icon

01/10/2025 at 09:53:25 EST

Screenshot_20250110_154812_Chrome.jpg

100.06KB

Asouissi85role-iconIs it a fake ?

LN123321role-icon

01/10/2025 at 09:53:24 EST

it's a scam bro

msulc (๐Ÿ”,๐ŸŸ)role-icon

01/10/2025 at 09:53:15 EST

Right now, it's at 0.92 on Curve and slowly increasing over time, plus $usual rewards. Stop with the unfair FUD. Iโ€™m not saying things couldnโ€™t have been handled better.

MarkAgeevrole-icon

01/10/2025 at 09:53:10 EST

Guys, what happened? I went to my wallet today and saw -10,000$. Although I held stablecoins

76ixerrole-icon

01/10/2025 at 09:53:07 EST

https://x.com/DeFi_Made_Here/status/1877693824790622480

Gauntlet withdrew ~$43m from usd0\+\+ markets just before the drama started gg nerd \+ RIP bozo \+ suck on deez immutable nuts \+ thanks for playing

embed
footer-iconTwitter โ€ข 01/10/2025 07:27:48 EST
Asouissi85role-iconIs it a fake ?

Virtusrole-icon

01/10/2025 at 09:53:07 EST

bro ๐Ÿ˜ญ

Asouissi85role-iconIs it a fake ?

Noรฉrole-icon

01/10/2025 at 09:52:59 EST

fake

Angel OverSoulrole-icon

01/10/2025 at 09:52:59 EST

Ready usual January 7th, bought usual then I'm down with$3000. ๐Ÿ˜ฆ

Asouissi85role-icon

01/10/2025 at 09:52:54 EST

Is it a fake ?

image0.png

554.79KB

nihilistic button clickerrole-iconCan we get a X spaces with the founder please? @Noรฉ you are clearly not helping things . I also can't believe you said a peg isn't a peg. It's a floor . That's total crime right there. You said it's a peg. Then u depeg it and now claiming its a floor. That's mispresentation.

Noรฉrole-icon

01/10/2025 at 09:52:38 EST

Peg is pegged to something: a floor.

andrewdubairole-icon

01/10/2025 at 09:52:06 EST

๐Ÿคฃ ๐Ÿคฃ ๐Ÿคก

AlperenPacacioglurole-icon

01/10/2025 at 09:52:00 EST

Stop fud

Daniel.role-icon

01/10/2025 at 09:51:00 EST

20250110_212045.jpg

25.73KB

nihilistic button clickerrole-icon

01/10/2025 at 09:50:58 EST

Can we get a X spaces with the founder please? @Noรฉ you are clearly not helping things . I also can't believe you said a peg isn't a peg. It's a floor . That's total crime right there. You said it's a peg. Then u depeg it and now claiming its a floor. That's mispresentation.

Screenshot_2025-01-10-19-09-05-113_com.discord.jpg

170.08KB

qiwirole-icon

01/10/2025 at 09:50:47 EST

how are yall not reading the docs after luna. tbh i bet some people did and they were just impatient. im here to pvp, thanks for the coins ๐Ÿซก

.role-icon

01/10/2025 at 09:50:45 EST

what is the fud ??

xstryderrole-iconshould be just set at 87c at day 1 tbh, then this fiasco won't happen

tuularole-icon

01/10/2025 at 09:50:26 EST

so where protocol gets yield then? 0 IN usd0 stands FOR ZERO. ITS GOING TO ZEROO

nein ๐Ÿงฒrole-icontbh noe it should have been like that since day one, like thinking back there was really no point from you guys offering the 1:1 redemption to USD0

basedscarfrole-icon

01/10/2025 at 09:50:16 EST

Been thinking about this as well. Well no point in thinking about the past rn

l1i1l1irole-icon

01/10/2025 at 09:50:08 EST

What does โ€œConditional Exitโ€ mean? Does it mean that if I give up the tokens I have earned so far, I can get a 1:1 redemption? What does it mean to burn? Does it mean that I have to buy the tokens myself and burn them?

Noรฉrole-iconUSD0++ isn't a stablecoin, it's a liquid bond

xstryderrole-icon

01/10/2025 at 09:50:08 EST

should be just set at 87c at day 1 tbh, then this fiasco won't happen

0xMTrole-iconWhere is the value of $Usual coming from? Liquid bond but what type of bond is backing it?

Noรฉrole-icon

01/10/2025 at 09:50:04 EST

overnight repos

Noรฉrole-iconBecause it's not a zero coupon. Zero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

0xMTrole-icon

01/10/2025 at 09:49:45 EST

Where is the value of $Usual coming from? Liquid bond but what type of bond is backing it?

nein ๐Ÿงฒrole-icontbh noe it should have been like that since day one, like thinking back there was really no point from you guys offering the 1:1 redemption to USD0

Noรฉrole-icon

01/10/2025 at 09:49:41 EST

Temp 1:1 redemption for a month after the airdrop, to ensure people could exit after farming, was maybe a mistake in terms of perception? idk

andrewdubairole-iconanother view on this: people panicked and sold everything at floor price. team show up on Monday saying that with a fraction of USUAL burn/sacrifice you will get back USD0++ 1:1, max pump to the peg on secondary market. who got the risk to buy low get rewarded

goodboy | best good boyrole-icon

01/10/2025 at 09:49:39 EST

No way baby

Noรฉrole-iconUSD0++ isn't a stablecoin, it's a liquid bond

nein ๐Ÿงฒrole-icon

01/10/2025 at 09:48:55 EST

tbh noe it should have been like that since day one, like thinking back there was really no point from you guys offering the 1:1 redemption to USD0

Desyrole-icon

01/10/2025 at 09:48:50 EST

zero-coupon more like account-got-zeroed

Gunner funkrole-icon

01/10/2025 at 09:48:25 EST

Bera stakers are just mute spectators at this point ๐Ÿ˜€

Noรฉrole-iconUSD0++ isn't a stablecoin, it's a liquid bond

satsa_Originalrole-icon

01/10/2025 at 09:48:19 EST

why did the team write in the docs: "to ensure a fair price at parity with USD0, USD0++ has access to [...]"

0xMTrole-iconSir even though it's in the papers, how can you justify selling a zero-coupon bond at par?

chudrole-icon

01/10/2025 at 09:47:47 EST

how can you justify dumping USUAL rewards on buyers' heads at 10x the revenue the underlying was producing? it's all linked as part of the model. Without USD0++ floating, USUAL buyers would just be getting rinsed

Noรฉrole-iconwut? it's been in the docs since day one and the ETA has been announced multiple times since October

xun2xrole-icon

01/10/2025 at 09:47:27 EST

Please give the link here Ser. I can not find it

chriszyy3role-iconuntil I die

Investusrole-icon

01/10/2025 at 09:47:00 EST

Within few weeks. Remember my words ๐Ÿ˜Ž @gryndamere Buy more Usual and stake 213% APY

digitaldaikonrole-iconHello I am using MORPHO protocol and it says i was liquidated, can you explain how liquidate stable coin?

Noรฉrole-icon

01/10/2025 at 09:46:56 EST

USD0++ isn't a stablecoin, it's a liquid bond

Yt:Anteiku980role-icon

01/10/2025 at 09:46:24 EST

Will there be usual burning to lower inflation or is there ?

digitaldaikonrole-icon

01/10/2025 at 09:46:21 EST

Hello I am using MORPHO protocol and it says i was liquidated, can you explain how liquidate stable coin?

๋ถˆ์žฅ๋ฐ”๋ผ๊ธฐrole-icon

01/10/2025 at 09:46:17 EST

I thought the change should be made through DAO. The docs says that way

DORArole-icon

01/10/2025 at 09:45:31 EST

Now who will supply USDC to the USD0++ MORPHO pool?

0xMTrole-iconSir even though it's in the papers, how can you justify selling a zero-coupon bond at par?

Noรฉrole-icon

01/10/2025 at 09:45:27 EST

Because it's not a zero coupon. Zero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

PitterPatterPaperFlowerrole-icon

01/10/2025 at 09:44:45 EST

What is going on with the price man

Noรฉrole-iconSir, we announced Q1 as the ETA since October. It was also in the dApp.

0xMTrole-icon

01/10/2025 at 09:44:27 EST

Sir even though it's in the papers, how can you justify selling a zero-coupon bond at par?

Noรฉrole-iconwut? it's been in the docs since day one and the ETA has been announced multiple times since October

Xer1nerole-icon

01/10/2025 at 09:44:23 EST

You should give a few days' advance notice. Let those who are willing to stay stay stay. Instead of intentionally kidnapping everyone. Why do you work. We both know very well that users cannot avoid being modified by you for another late night

gryndamererole-iconyes, in 4 years ahhahha

PeacemakeRrole-icon

01/10/2025 at 09:44:22 EST

God sake๐Ÿ˜ญ

Dean - Founder GameonForgerole-icon

01/10/2025 at 09:44:17 EST

I never seen the chart terrible like that :)) well done Usual team!

Investusrole-iconYes we will se $1 again. Be patient

gryndamererole-icon

01/10/2025 at 09:43:41 EST

yes, in 4 years ahhahha

Noรฉrole-iconRead the pinned message sir

0xREALaldcrole-icon

01/10/2025 at 09:43:33 EST

right sir, I never see this pinned sorry

EGrole-icon

01/10/2025 at 09:43:21 EST

"Can I know how many USD0 tokens have been staked in total compared to the total supply as of today?

Arav .xD

01/10/2025 at 09:43:11 EST

@Noรฉwhen we able to see usual on arb chain

Chaplinowskyrole-icon

01/10/2025 at 09:42:29 EST

Stop the fud. Dont dig your own grave

nicolas1213role-iconlooks like this yes

Bielrole-icon

01/10/2025 at 09:42:27 EST

dont fud, hold

Dean - Founder GameonForgerole-iconUsual going to 0.28$ ๐Ÿ™‚

nicolas1213role-icon

01/10/2025 at 09:41:52 EST

looks like this yes

Mateus Ballrole-iconlet it be in the documents but the approach you did it was wrong. Now there are strong outflows and in fact the end of the project development.

Noรฉrole-icon

01/10/2025 at 09:41:52 EST

Sir, we announced Q1 as the ETA since October. It was also in the dApp.

Investusrole-iconYes we will se $1 again. Be patient

chriszyy3role-icon

01/10/2025 at 09:41:47 EST

until I die

Noรฉrole-iconwut? it's been in the docs since day one and the ETA has been announced multiple times since October

Mateus Ballrole-icon

01/10/2025 at 09:41:32 EST

let it be in the documents but the approach you did it was wrong. Now there are strong outflows and in fact the end of the project development.

PeacemakeRrole-iconStill believe it can goes up?

Investusrole-icon

01/10/2025 at 09:41:26 EST

Yes we will se $1 again. Be patient

Yt:Anteiku980role-iconI think that this of releasing many tokens daily will bring the price down a lot, they should do something so that this does not happen or put established periods to release tokens in circulation. You should put launch tokens every 4 months in my opinion that would be 250,000,000 in that 4 month period, which equals in 4 years the 4b....

Noรฉrole-icon

01/10/2025 at 09:41:00 EST

There's a rev-share

Yt:Anteiku980role-icon

01/10/2025 at 09:40:48 EST

I think that this of releasing many tokens daily will bring the price down a lot, they should do something so that this does not happen or put established periods to release tokens in circulation. You should put launch tokens every 4 months in my opinion that would be 250,000,000 in that 4 month period, which equals in 4 years the 4b....

Virtusrole-icon

01/10/2025 at 09:40:15 EST

Can you guys just publicly communicate on X about all of this for god's sake ๐Ÿ˜ญ

andrewdubairole-icon

01/10/2025 at 09:39:56 EST

another view on this: people panicked and sold everything at floor price. team show up on Monday saying that with a fraction of USUAL burn/sacrifice you will get back USD0++ 1:1, max pump to the peg on secondary market. who got the risk to buy low get rewarded

Xer1nerole-iconYou intentionally did not disclose it in advance to prevent TVL loss. But it has lost the trust of users

Noรฉrole-icon

01/10/2025 at 09:39:52 EST

wut? it's been in the docs since day one and the ETA has been announced multiple times since October

Noรฉrole-iconETA has been announced since October.

Xer1nerole-icon

01/10/2025 at 09:39:09 EST

You intentionally did not disclose it in advance to prevent TVL loss. But it has lost the trust of users

deepwoodrole-icon

01/10/2025 at 09:39:02 EST

Why does the team do this?

Gunner funkrole-iconWhat if everyone exit after 6 months

xhybgrole-icon

01/10/2025 at 09:38:22 EST

then the team can "dao" the rule to 240 days lol

Investusrole-iconHold guys. Price will increase

PeacemakeRrole-icon

01/10/2025 at 09:38:17 EST

Still believe it can goes up?

Dean - Founder GameonForgerole-icon

01/10/2025 at 09:38:12 EST

Hold to die ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ??? No one like loosing money

Arav .xD

01/10/2025 at 09:37:26 EST

:usuallogo:

Pavanellirole-iconEnough of the fud guys, you can buy USUAL again

AlperenPacacioglurole-icon

01/10/2025 at 09:36:58 EST

Thanks man

Noรฉrole-icon

01/10/2025 at 09:36:52 EST

Second, in the worst case scenario

Pavanellirole-icon

01/10/2025 at 09:36:48 EST

Enough of the fud guys, you can buy USUAL again

Investusrole-icon

01/10/2025 at 09:36:26 EST

Hold guys. Price will increase

Bielrole-icon

01/10/2025 at 09:36:10 EST

Just hold

MrEstebanJrole-icon

01/10/2025 at 09:36:06 EST

Can we stop dropping new emssion of USUAL token to avoid the price going down until people read the changes ?

Dave Nagarole-iconI dont fud just reminder to you, going to # ๐Ÿงใ†speculation to talk about his Becarefull if you hold USUAL Team does sacrifice USUAL for USD0++

fredchan17999role-icon

01/10/2025 at 09:36:02 EST

Bro who only tells a small part of the whole project and thinks he got the key point ๐Ÿฅน

famousfxckrole-icon

01/10/2025 at 09:35:59 EST

Believe in something

xun2xrole-iconCorrect. TEAM should make announcement 1 week before floor price, so user can unstake their position.

Noรฉrole-icon

01/10/2025 at 09:35:41 EST

ETA has been announced since October.

andrewdubairole-iconthe fair things to do was to update the doc, communicate right that in 1 week the redeem will be 0.87:1 and change. the 0.87 wasnt disclosure before the change

xun2xrole-icon

01/10/2025 at 09:35:13 EST

Correct. TEAM should make announcement 1 week before floor price, so user can unstake their position.

Dave Nagarole-icon

01/10/2025 at 09:34:43 EST

I dont fud just reminder to you, going to # ๐Ÿงใ†speculation to talk about his Becarefull if you hold USUAL Team does sacrifice USUAL for USD0++

LGrole-icon

01/10/2025 at 09:34:33 EST

It's not about what the team has done; the most critical issue is that the team has lost credibility. This is irreparable. The team can arbitrarily change the exchange ratio, and in the future, it might be changed to 0.7 or 0.6.

pp6612role-iconIf the USUAL price drops, we can escape USD0++ for a small price. I hope the price drops soon.

xstryderrole-icon

01/10/2025 at 09:34:30 EST

if usual at 70 cent, usd0++ will get penalty of 13% for early redemption, need to buy (13% usual worth of tokens to restore peg). at 10 cent, usd0++ holder will only need to buy around 1.85% penalty worth of usual tokens. send usual to 10c

sandtrole-iconThey were doing well, so why did they make such a poor move?

Noรฉrole-icon

01/10/2025 at 09:34:18 EST

We implementend what was public since the beginning. The ETA was announced since October.

LazyMicroberole-icon

01/10/2025 at 09:34:07 EST

Is it redeemable 4 years after I bought it from a DEX, or 4 years after the original USD0 was staked? If it's the former, does that mean the 4-year timer keeps getting reset every time the USD0++ is transferred (how would this be tracked)? If it's the latter, same question how is this tracked?

sandtrole-icon

01/10/2025 at 09:33:47 EST

They were doing well, so why did they make such a poor move?

Noรฉrole-iconFloor is 0.87

Xer1nerole-icon

01/10/2025 at 09:33:45 EST

Do you think we will still trust your bottom line๏ผŸ

Dean - Founder GameonForgerole-iconAnd will keep dropping more โ˜บ๏ธ back to 0.28$. Lots of people losing money

andrewdubairole-icon

01/10/2025 at 09:33:42 EST

we are going far less than 0.28$, maybe some cents within Monday

PeacemakeRrole-iconLook like usual price will keep dropping by time over the increasing supply

Dean - Founder GameonForgerole-icon

01/10/2025 at 09:32:59 EST

And will keep dropping more โ˜บ๏ธ back to 0.28$. Lots of people losing money

miguelrole-iconthe treasuries backing USD0++ are held in what protocol/form?

Noรฉrole-icon

01/10/2025 at 09:32:56 EST

mostly USYC, smart contracts are on # ๐Ÿ”—ใ†official-links

Noรฉrole-iconIt's fixed sir, and it's the maximum fee you would get

Nomadirole-icon

01/10/2025 at 09:32:56 EST

how to understand the "maximum fee"? Is it all the $Usual I've got since the date I hold usd0++?

Yt:Anteiku980role-icon

01/10/2025 at 09:32:33 EST

What happened because it went down even more

miguelrole-icon

01/10/2025 at 09:31:38 EST

the treasuries backing USD0++ are held in what protocol/form?

Ermianoorirole-icon

01/10/2025 at 09:31:15 EST

How to stake usual

PeacemakeRrole-icon

01/10/2025 at 09:31:10 EST

Look like usual price will keep dropping by time over the increasing supply

CryptoMDzrole-icon

01/10/2025 at 09:31:03 EST

Vedaxbera apy is it calculated now ? Because we can't see the rewards

Virtusrole-iconhtt[]ps://x.com/TheBlock__/status/1877676250581369285 here it goes lol

xtreme11role-icon

01/10/2025 at 09:30:45 EST

This is all Paid PR, avoid them

Noรฉrole-icon

01/10/2025 at 09:30:43 EST

It's fixed sir, and it's the maximum fee you would get

CryptoWhalerole-icon@Noรฉ now everyone wants out usual isnt going to pump if thats whar you guys wanted

Noรฉrole-icon

01/10/2025 at 09:30:26 EST

# ๐Ÿงใ†speculation

CryptoWhalerole-icon

01/10/2025 at 09:30:07 EST

@Noรฉ now everyone wants out usual isnt going to pump if thats whar you guys wanted

Usualrole-icon

01/10/2025 at 09:29:59 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

LazyMicroberole-iconIf I buy USD0++ on the secondary market, when can I unstake it at its guaranteed 1:1 full value?

Minnowtraders

01/10/2025 at 09:29:10 EST

4 years

LazyMicroberole-icon

01/10/2025 at 09:28:58 EST

If I buy USD0++ on the secondary market, when can I unstake it at its guaranteed 1:1 full value?

Virtusrole-icon

01/10/2025 at 09:28:13 EST

htt[]ps://x.com/TheBlock__/status/1877676250581369285 here it goes lol

andrewdubairole-iconthe fair things to do was to update the doc, communicate right that in 1 week the redeem will be 0.87:1 and change. the 0.87 wasnt disclosure before the change

Noรฉrole-icon

01/10/2025 at 09:27:59 EST

ETA was announced since October and live on the dApp

andrucryptrole-iconbut forgot to give people time to decide if they want to stay with such change )

Noรฉrole-icon

01/10/2025 at 09:27:44 EST

It was always public and the ETA was announced since October

andrewdubairole-icon

01/10/2025 at 09:27:33 EST

the fair things to do was to update the doc, communicate right that in 1 week the redeem will be 0.87:1 and change. the 0.87 wasnt disclosure before the change

Noรฉrole-iconWe added details about the Floor and why it was calculated like that

andrucryptrole-icon

01/10/2025 at 09:27:30 EST

but forgot to give people time to decide if they want to stay with such change )

xun2xrole-icon

01/10/2025 at 09:27:24 EST

@Noรฉ when team will reset again the price to 0.87 ?

Cendรฃorole-iconhave you changed the docs?

Noรฉrole-icon

01/10/2025 at 09:26:42 EST

We added details about the Floor and why it was calculated like that

Cendรฃorole-icon

01/10/2025 at 09:26:18 EST

have you changed the docs?

CryptoMDzrole-iconThat mean will never down under 0.87 ?

Noรฉrole-icon

01/10/2025 at 09:25:58 EST

correct

Noรฉrole-iconNo, it rises to 1$ over time

CryptoMDzrole-icon

01/10/2025 at 09:25:51 EST

That mean will never down under 0.87 ?

0xREALaldcrole-iconCould team release some announcement? like hardcode 0.87 when people took 1 for granted, is not a cool thing to do

Noรฉrole-icon

01/10/2025 at 09:25:10 EST

Read the pinned message sir

0xREALaldcrole-iconCould team release some announcement? like hardcode 0.87 when people took 1 for granted, is not a cool thing to do

Noรฉrole-icon

01/10/2025 at 09:25:10 EST

Read the pinned message sir

ngocbeo1121role-iconpendle hide usd0++ pools now

Noรฉrole-icon

01/10/2025 at 09:24:55 EST

they don't

0xREALaldcrole-icon

01/10/2025 at 09:24:39 EST

Could team release some announcement? like hardcode 0.87 when people took 1 for granted, is not a cool thing to do

KBG89role-iconHow come Pendle had it listed under stables?

ngocbeo1121role-icon

01/10/2025 at 09:24:16 EST

pendle hide usd0++ pools now

Gunner funkrole-iconThey are not buying from the market, essentially they are just giving up the farmed usual. So no impact on usual price, might create some scarcity offcourse, but its nothing against the daily emission

Noรฉrole-icon

01/10/2025 at 09:23:14 EST

Doesn't matter, if they give up rewards, those are still redistributed to increase APY and partially burned

Virtusrole-iconCan you guys at least talk publicly about all of this, the whole CT is burning Usual on X - if you're confident about protocol structure, maybe you shouldn't be too much about such an amount of fud on a so young project. I'm still in, but I really feel like if nothing is done to calm people around, we going to 0

chriszyy3role-icon

01/10/2025 at 09:23:12 EST

true, just do something at this moment

Noรฉrole-iconWell, they sacrifice $USUAL tokens which will increase a looot the USUALx APY, USUAL's scarcity, and all product's APYs

Gunner funkrole-icon

01/10/2025 at 09:22:46 EST

They are not buying from the market, essentially they are just giving up the farmed usual. So no impact on usual price, might create some scarcity offcourse, but its nothing against the daily emission

Dave Nagarole-iconUSUAL price down = small emission (its mean APR down if you hold USD0++)

HubristicFarmerrole-icon

01/10/2025 at 09:21:13 EST

usual price down = cheaper for early redemption. New way to make money is leveraged arbitrage until panic subsides.

Dean - Founder GameonForgerole-icon

01/10/2025 at 09:21:02 EST

Lol so mean that $usual drop to 0.00001 lol ๐Ÿ˜‚

Virtusrole-icon

01/10/2025 at 09:21:01 EST

Can you guys at least talk publicly about all of this, the whole CT is burning Usual on X - if you're confident about protocol structure, maybe you shouldn't be too much about such an amount of fud on a so young project. I'm still in, but I really feel like if nothing is done to calm people around, we going to 0

pp6612role-iconIf the USUAL price drops, we can escape USD0++ for a small price. I hope the price drops soon.

xun2xrole-icon

01/10/2025 at 09:20:44 EST

correct, drop to 0.00001

imaz.946 ๐ŸŒ™role-iconShould i buy or sell USUALQ

BDx_0role-icon

01/10/2025 at 09:20:43 EST

Buy!! More revenue share for u!!

pp6612role-icon

01/10/2025 at 09:20:13 EST

If the USUAL price drops, we can escape USD0++ for a small price. I hope the price drops soon.

chilloutrole-iconwhat if usd0 depeg as well, and you need to sell bonds to keep usd0 pegged? TVL still locked?

Noรฉrole-icon

01/10/2025 at 09:19:53 EST

Well, only the difference between USD0 and USD0++'s supply can need to be redeemed for peg purposes

imaz.946 ๐ŸŒ™role-icon

01/10/2025 at 09:19:35 EST

Should i buy or sell USUALQ

ekosonerole-iconWe've been tricked into buying zero coupon bonds at par lmao

Noรฉrole-icon

01/10/2025 at 09:19:30 EST

Zero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

Noรฉrole-iconTVL is locked, so there will be revenues tbh

chilloutrole-icon

01/10/2025 at 09:19:24 EST

what if usd0 depeg as well, and you need to sell bonds to keep usd0 pegged? TVL still locked?

ekosonerole-icon

01/10/2025 at 09:19:14 EST

We've been tricked into buying zero coupon bonds at par lmao

CryptoMDzrole-iconFloor was 1, now it's 0.87, than there's a possibility to be 0.6 or down ?

Noรฉrole-icon

01/10/2025 at 09:19:14 EST

No, it rises to 1$ over time

Noรฉrole-iconFloor is 0.87

CryptoMDzrole-icon

01/10/2025 at 09:19:02 EST

Floor was 1, now it's 0.87, than there's a possibility to be 0.6 or down ?

Noรฉrole-icon

01/10/2025 at 09:18:26 EST

Please guys, check the pinned message: there's a FAQ and explanations there

Noรฉrole-iconBecause there's nobody who redeemed at the floor afaik

Dave.racerole-icon

01/10/2025 at 09:18:20 EST

I'm pretty sure there are people who redeemed at floor price (from panic). And the 4 year cash flow has gone down. I would think this is directly tied to the number of USD0++ going down, which, since the early unstaking isn't live yet, has to be from redemption at the floor price.

Noรฉrole-iconTVL is locked, there's locked Revenue for $USUALx

Tenzingrole-icon

01/10/2025 at 09:17:58 EST

Yes but it won't increase as trust is gone. It's a pity honestly cause everything went exceptional until now.

Gunner funkrole-iconWhat if everyone exit after 6 months

Noรฉrole-icon

01/10/2025 at 09:17:58 EST

Well, they sacrifice $USUAL tokens which will increase a looot the USUALx APY, USUAL's scarcity, and all product's APYs

Noรฉrole-iconTVL is locked, so there will be revenues tbh

nihilistic button clickerrole-icon

01/10/2025 at 09:17:47 EST

Unwillingly locked. What a way to build a business. What do you think will happen after 6 months? Tvl will go to zero anyway. What's the point to drag it out and make a legacy like this? Can Pierre come and chat with us? That would be much appreciated

Noรฉrole-iconFloor is 0.87

uzairfarooqrole-icon

01/10/2025 at 09:17:44 EST

Why do you say 0.87 is floor?

Robo-Odinrole-icon

01/10/2025 at 09:17:42 EST

Then they burn their usual to get out at 1:1.

Noรฉrole-iconTVL is locked, so there will be revenues tbh

Gunner funkrole-icon

01/10/2025 at 09:17:23 EST

What if everyone exit after 6 months

Fl0xrole-iconHi, is there a possibility it depegs even lower ?

Noรฉrole-icon

01/10/2025 at 09:16:59 EST

Floor is 0.87

pristinerole-iconthere will be no revenue because nobody will use this protocol after this

Noรฉrole-icon

01/10/2025 at 09:16:48 EST

TVL is locked, so there will be revenues tbh

tRoomztrole-icon

01/10/2025 at 09:16:32 EST

Won't be surprised if one of these disappear into the ocean and never return. It's good team is doxxed. Will be monitoring the project from a distance now.

Fl0xrole-icon

01/10/2025 at 09:16:30 EST

Hi, is there a possibility it depegs even lower ?

SOYArole-icon

01/10/2025 at 09:16:25 EST

no one reads the white paper, team should put out comms dot pointing for the low IQs on what the bull case is

Gunner funkrole-iconProjected apy after revenue switch is 57%. Guess no one wants it

pristinerole-icon

01/10/2025 at 09:16:19 EST

there will be no revenue because nobody will use this protocol after this

nonamerole-icon

01/10/2025 at 09:16:15 EST

What happens if USUAL becomes worthless ?

Noรฉrole-icon0.87 is the Floor, but since there's Early Redemption through sacrifing $USUAL tokens, it is actually higher

goodboy | best good boyrole-icon

01/10/2025 at 09:15:40 EST

Early Redemption through sacrifing $USUAL tokens might also require 13% value of USD0++ for USUAL... could we estimate somehow, how much USUAL token we need for 1:1 redeem next week

Dave Nagarole-iconUSUAL price down = small emission (its mean APR down if you hold USD0++)

Dean - Founder GameonForgerole-icon

01/10/2025 at 09:15:36 EST

Price will down to 0.28$ :))

pusx06role-icon

01/10/2025 at 09:15:34 EST

@Noรฉ tvl come to 1.5b๏ผŒ price of usual reach0.58. this is what you want๏ผŸ

MarkHayensrole-iconCan you elaborate on this weekly outflow mechanism? like the bigger the weekly outflow, the more usual we need to pay to get out?

Noรฉrole-icon

01/10/2025 at 09:15:01 EST

Yes, up to 6 months of rewards (after that it's better to go through Floor)

Noรฉrole-iconThe Early Redemption fee depends on weekly outflows and time before maturity. It could be zero or, at maximum, 6 months worth of rewards.

MarkHayensrole-icon

01/10/2025 at 09:14:44 EST

Can you elaborate on this weekly outflow mechanism? like the bigger the weekly outflow, the more usual we need to pay to get out?

MrAdeline

01/10/2025 at 09:14:39 EST

if the redemption requires 6 months of USUAL yield and you have been in the pool for 2 weeks, then you will need to purchase the remaining 5 months and 2 weeks of USUAL or wait it out until you earn that much.

zhengziyan.solrole-iconSo the TVL will not increase until the number of people buying 0++ exceeds the number of people selling 0++.If not, people will just use a DEX to swap. Am I right?

Noรฉrole-icon

01/10/2025 at 09:14:29 EST

USD0++'s TVL, yes

Dave Nagarole-iconUSUAL price down = small emission (its mean APR down if you hold USD0++)

Noรฉrole-icon

01/10/2025 at 09:14:17 EST

It means less to pay to 1:1 redeem USD0++ also, which is nice for those who want to exit

zhengziyan.solrole-icon

01/10/2025 at 09:14:17 EST

So the TVL will not increase until the number of people buying 0++ exceeds the number of people selling 0++.If not, people will just use a DEX to swap. Am I right?

MIXrole-icon

01/10/2025 at 09:14:03 EST

Sohort

Dave.racerole-icon@OxKnight โฉ Do you know why the treasury in the UI didn't go up since the floor price has changed to 0.87? It's written in the WP that all money from people redeeming at the floor price goes to treasury. 4 years cash flow went down (I assume because people used the floor price to redeem), but treasury didn't move.

Noรฉrole-icon

01/10/2025 at 09:13:46 EST

Because there's nobody who redeemed at the floor afaik

Gothicowiecrole-icon

01/10/2025 at 09:13:41 EST

Noe tell us why this happen?

Dave Nagarole-icon

01/10/2025 at 09:13:27 EST

USUAL price down = small emission (its mean APR down if you hold USD0++)

IMG_1157.png

824.71KB

sslvsk13role-iconAfter unlinking, the USD0++ price should be 0.87, right? But now the token is trading at $0.9, what is this connected with and what to expect next in accordance with the protocol mechanisms? As a result, the token price depends on the jujual and its profitability or on the market? @Noรฉ

Noรฉrole-icon

01/10/2025 at 09:13:14 EST

0.87 is the Floor, but since there's Early Redemption through sacrifing $USUAL tokens, it is actually higher

Dave.racerole-icon

01/10/2025 at 09:13:12 EST

@OxKnight โฉ Do you know why the treasury in the UI didn't go up since the floor price has changed to 0.87? It's written in the WP that all money from people redeeming at the floor price goes to treasury. 4 years cash flow went down (I assume because people used the floor price to redeem), but treasury didn't move.

76ixerrole-iconits crazy that they think taking users money by force is "ok" because "was in the docs" and they can keep doing business as usual

ekosonerole-icon

01/10/2025 at 09:13:03 EST

So true, investors and community will bring protocol down. You can't just play with users money this way

sslvsk13role-icon

01/10/2025 at 09:12:25 EST

After unlinking, the USD0++ price should be 0.87, right? But now the token is trading at $0.9, what is this connected with and what to expect next in accordance with the protocol mechanisms? As a result, the token price depends on the jujual and its profitability or on the market? @Noรฉ

ravishedrole-icon@Mava (AI Support) please remind me what is the mechinism for making usual emissions decrease? What is the catlyist?

Noรฉrole-icon

01/10/2025 at 09:12:19 EST

Mava is sleeping rn boss

ravishedrole-icon

01/10/2025 at 09:12:10 EST

@Mava (AI Support) please remind me what is the mechinism for making usual emissions decrease? What is the catlyist?

76ixerrole-iconits crazy that they think taking users money by force is "ok" because "was in the docs" and they can keep doing business as usual

Noรฉrole-icon

01/10/2025 at 09:11:49 EST

The ETA was announced since October and the mechanisms were all public

Gunner funkrole-icon

01/10/2025 at 09:11:45 EST

Projected apy after revenue switch is 57%. Guess no one wants it

Inmydreamrole-iconNoe i think you should make some post on twitter to answer question on twitter too

Noรฉrole-icon

01/10/2025 at 09:11:31 EST

Would love to, but I have to answer here first

76ixerrole-icon

01/10/2025 at 09:11:28 EST

its crazy that they think taking users money by force is "ok" because "was in the docs" and they can keep doing business as usual

Noรฉrole-icon"Against people will", you do know that USD0++ is a locked version of USD0 for four years, and that it's written everywhere, right?

Inmydreamrole-icon

01/10/2025 at 09:11:15 EST

Noe i think you should make some post on twitter to answer question on twitter too

the.goatrole-iconbut im trying to see if someone knew before hand ....

tRoomztrole-icon

01/10/2025 at 09:11:07 EST

The team did. It was very opaque communication on their part. What you expect from Les Blues?

Einzigrole-iconwhere to check the stake ratio?

Noรฉrole-icon

01/10/2025 at 09:10:36 EST

Dune sir, # ๐Ÿ”—ใ†official-links

Noรฉrole-iconFeb 1 or sooner if 50% is staked

Einzigrole-icon

01/10/2025 at 09:10:23 EST

where to check the stake ratio?

Noรฉrole-icon

01/10/2025 at 09:10:21 EST

# ๐Ÿงใ†speculation

shigaraki4997role-icon

01/10/2025 at 09:10:20 EST

depeg depeg depeg

flumborole-iconTVL is locked against peoples will. Everybody wants to get out... This is not a good way to run a project to trap users against their will

Noรฉrole-icon

01/10/2025 at 09:09:56 EST

"Against people will", you do know that USD0++ is a locked version of USD0 for four years, and that it's written everywhere, right?

Noรฉrole-iconTVL is locked, there's locked Revenue for $USUALx

flumborole-icon

01/10/2025 at 09:09:30 EST

TVL is locked against peoples will. Everybody wants to get out... This is not a good way to run a project to trap users against their will

CryptoMDzrole-iconIt's not swapped yet @Noรฉ Who is the responsible for this vault ?

Noรฉrole-icon

01/10/2025 at 09:09:26 EST

MEV is the curator

the.goatrole-iconbut im trying to see if someone knew before hand ....

Noรฉrole-icon

01/10/2025 at 09:09:19 EST

it's simple: nobody

Noรฉrole-iconDepends on if it has been swapped or not for USD0++, but you should assume 1 bera-USD0++ = 1 USD0++

CryptoMDzrole-icon

01/10/2025 at 09:09:15 EST

It's not swapped yet @Noรฉ Who is the responsible for this vault ?

Screenshot_2025-01-10-11-56-16-272_com.android.chrome.jpg

130.81KB

tRoomztrole-iconLot of curators dumped the project after the announcement cutting their losses due to lack of transparency from the team. They took the loss and caused an event which looks awfully similar to bank run which then caused mass panic.

the.goatrole-icon

01/10/2025 at 09:09:11 EST

but im trying to see if someone knew before hand ....

zhengziyan.solrole-icon6 months worth of rewards. caculated by USUAL tokens or USD value๏ผŸ

Noรฉrole-icon

01/10/2025 at 09:09:03 EST

by USUAL tokens

Noรฉrole-iconThe Early Redemption fee depends on weekly outflows and time before maturity. It could be zero or, at maximum, 6 months worth of rewards.

zhengziyan.solrole-icon

01/10/2025 at 09:08:56 EST

6 months worth of rewards. caculated by USUAL tokens or USD value๏ผŸ

PeacemakeRrole-icon

01/10/2025 at 09:08:52 EST

This affiliate to be remembered

IMG_7010.png

984.44KB

Tenzingrole-iconDo you really believe that? I honestly think it's cooked at this stage. Nobody is going to provide TVL anymore at this stage

Noรฉrole-icon

01/10/2025 at 09:08:34 EST

TVL is locked, there's locked Revenue for $USUALx

St3lokrole-icon

01/10/2025 at 09:08:25 EST

Great new features, great execution. Usual is ahead of market

NNrole-iconWhen Usual will turn on fee switch?. This will end price draw down

Tenzingrole-icon

01/10/2025 at 09:08:10 EST

Do you really believe that? I honestly think it's cooked at this stage. Nobody is going to provide TVL anymore at this stage

Noรฉrole-iconAgain, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

ekosonerole-icon

01/10/2025 at 09:07:55 EST

Well team clearly handled this awfully

xun2xrole-icon

01/10/2025 at 09:07:37 EST

When ?

Noรฉrole-icon

01/10/2025 at 09:07:04 EST

The Early Redemption fee depends on weekly outflows and time before maturity. It could be zero or, at maximum, 6 months worth of rewards.

andrewdubairole-icon

01/10/2025 at 09:07:00 EST

Let's do some math. if the worst scenario is to give back 180 days of USUAL rewards and USUAL token price will be 1 cent of even less, we can arb on USD0++ price buying USUAL at discount. ah one think for sure. the team is going to face prison. 100% in Europe is illegal to act like this. Come to Dubai habibi, we have free hostel for you

6six69nine9role-iconWas this fair for Bera depositors who took immediate haircut?

brianrole-icon

01/10/2025 at 09:06:40 EST

Anyone who bought Usd00+ recently got shafted. They are going to spend the next 6 months or whatever just getting back to their initial cost. Not bond-like at all

76ixerrole-icon

01/10/2025 at 09:06:26 EST

this is much needed or people will just go to Paris

Noรฉrole-iconFeb 1 or sooner if 50% is staked

nein ๐Ÿงฒrole-icon

01/10/2025 at 09:05:59 EST

Ok

NNrole-iconWhen Usual will turn on fee switch?. This will end price draw down

Noรฉrole-icon

01/10/2025 at 09:05:44 EST

Feb 1 or sooner if 50% is staked

the.goatrole-iconis it true THAT A BIG VC went out with a big amount few hours before it took place ?

tRoomztrole-icon

01/10/2025 at 09:05:32 EST

Lot of curators dumped the project after the announcement cutting their losses due to lack of transparency from the team. They took the loss and caused an event which looks awfully similar to bank run which then caused mass panic.

NNrole-icon

01/10/2025 at 09:05:31 EST

When Usual will turn on fee switch?. This will end price draw down

Dudebutters2role-icon

01/10/2025 at 09:05:19 EST

Price dump? Everyone keep panicking. Iโ€™m buying.

nonamerole-iconHow is it possible to go that low with so much usualx staked ?

Mateus Ballrole-icon

01/10/2025 at 09:04:42 EST

3m emission every day All directly to the market

CryptoMDzrole-iconYou suspect ? You should give us a direct answer, what will happen to our usdc on vedaXbera vault? It will be transfered into usdc to berachain ? It will converted into usd0 ? If It will converted into usd0++ , at which ration ? 1000 usdc on bera vault = how much usd0++ ?

Noรฉrole-icon

01/10/2025 at 09:04:40 EST

Depends on if it has been swapped or not for USD0++, but you should assume 1 bera-USD0++ = 1 USD0++

Mr. Linrole-iconWill need to wait for further announcement - I suspect it should be the same as the value of usd0++

CryptoMDzrole-icon

01/10/2025 at 09:04:05 EST

You suspect ? You should give us a direct answer, what will happen to our usdc on vedaXbera vault? It will be transfered into usdc to berachain ? It will converted into usd0 ? If It will converted into usd0++ , at which ration ? 1000 usdc on bera vault = how much usd0++ ?

alparslanrole-icon

01/10/2025 at 09:03:12 EST

Why nobody gives information about how much should 1 USD0++ worth. And there is no announcement about how it will repeg again if it worths around 1$ considering it is possible to sell bonds before maturity team could buy usd0++ cheap with underlying bonds make profits for protocol.

MrEstebanJrole-icon

01/10/2025 at 09:03:10 EST

Damn, I think that it would be better if someone talks about it because there are a lot of FUD.

the.goatrole-iconis it true THAT A BIG VC went out with a big amount few hours before it took place ?

Noรฉrole-icon

01/10/2025 at 09:03:02 EST

lmfao absolutely false

imaz.946 ๐ŸŒ™role-icon

01/10/2025 at 09:02:51 EST

All go buy usual ahahah its free money

Lucasrole-icon

01/10/2025 at 09:02:35 EST

What hack is happening?

the.goatrole-icon

01/10/2025 at 09:02:34 EST

is it true THAT A BIG VC went out with a big amount few hours before it took place ?

Pavanellirole-icon

01/10/2025 at 09:02:24 EST

Where is the team to speak?

andrewdubairole-icon๐Ÿ˜† so the team disgranted MEV capital? smart move. how to destroy a project in 30 seconds

Noรฉrole-icon

01/10/2025 at 09:02:09 EST

The team released the info at the same time for everyone ser

Noรฉrole-iconAgain, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

andrewdubairole-icon

01/10/2025 at 09:01:36 EST

๐Ÿ˜† so the team disgranted MEV capital? smart move. how to destroy a project in 30 seconds

Antoniorole-icon

01/10/2025 at 09:01:34 EST

I'm pretty pissed off... it has been three days with no value change in my UsualX

Noรฉrole-iconAs a reminder: - The Floor It increases over time, reaching 1$ at the end. - What now: You're now able to either: swap at market rate, Early Redeem versus $USUAL, or redeem at Floor. - To Early Redeem: You'll have to sacrifice (pay) $USUAL tokens, ranging from zero to six months of rewards. This is mostly calculated on the weekly outflows and the time before maturity. - How much time? At the current APY, you would need to hold USD0++ for about 5-6 months (without compounding) to compensate for the lowest redeem you could get (Floor). - How to optimize? Because the APY is paid in $USUAL, if you stake it in USUALx, you'll get 200% more APY in $USUAL plus a >50% APY in USD0 directly through the revenue-share. This would enable to compensate even faster. - Where does the fees go? The Early Redemption fee for USD0++ is partially redistributed to USUALx (USUAL stakers) and partially burned, improving long-term alignement and increasing scarcity. As for this change: - USD0++ has almost never been redeemable at 1:1 It only was for a month after TGE, but wasn't during the whole pre-launch. This was possible in order to ensure exits for those who wanted to, after the airdrop (if not vested). - USD0++ is not a stablecoin It has always been referred to as a Liquid Bond Token (LBT) - a staked version of USD0 locked for 4 years, giving high yield and growth exposure. This was and is all explained in the disclaimer when bonding USD0 for USD0++ on our dApp. The Early Redemption mechanism was actually announced for Q1 2025, since October. This was also written on the dApp since the beginning. - Exits The mechanisms now implemented enable people to exit through different ways, while benefiting USUAL holders and stakers. Knowing that USD0++ gets rewards in USUAL, any USD0++ holder can also benefit from it. - Why do we benefit This is because part of all the Early Redemption fees are redistributed to USUALx (USUAL stakers), and part is burned. Enabling higher APY and scarcity, which automatically makes all the yields (USD0++ and USUALx) more attractive. - Guaranteed revenue-share Also, this locks 4 years of future cashflow for USUAL stakers, as they get 100% of the revenue from the underlying collateral. Again, everyone benefits from it.

MiraiMhysarole-icon

01/10/2025 at 09:01:32 EST

What does this mean "Early Redeem versus $USUAL"

Gothicowiecrole-icon

01/10/2025 at 09:01:24 EST

just give us advice.. you are chef of this coin.

Noรฉrole-iconbaseless FUD, MEV wasn't even aware before the public announcement

Tenzingrole-icon

01/10/2025 at 09:01:18 EST

Adil must have been aware?

Romansonrole-iconCan you convince us that we are not at the beginning of a death spiral?

Noรฉrole-icon

01/10/2025 at 09:01:13 EST

What death spiral lol

Noรฉrole-icon# ๐Ÿงใ†speculation sir

Romansonrole-icon

01/10/2025 at 09:01:02 EST

Can you convince us that we are not at the beginning of a death spiral?

Investusrole-icon@Noรฉ Should we investors do something or not? Usual coin price are plummeting. And is this an overreaction?

Noรฉrole-icon

01/10/2025 at 09:00:01 EST

# ๐Ÿงใ†speculation sir

Investusrole-icon

01/10/2025 at 08:59:53 EST

@Noรฉ Should we investors do something or not? Usual coin price are plummeting. And is this an overreaction?

tRoomztrole-iconBecause the communication (or lack thereof) was absolutely non existent. The white paper was edited and not mentioned anywhere regarding the change for hardcoding to 1$, or the 0.87$ floor. Very amateur PR. Almost like it was intentionally supposed to trap unsuspecting early investors who bought the coupon for FULL PRICE. Very clever. Much applause. Now can answer my previous question? If I reinvest in USD0++ how long will I need to wait for peg to return to 1:1? Or how much of a penalty will I incur to remove LP early in terms of USUAL? Because I have been dumping all USUAL rewards, so...

Noรฉrole-icon

01/10/2025 at 08:59:41 EST

Whitepaper hasn't been edited since November

Arbirole-icon

01/10/2025 at 08:59:36 EST

Question about USUAL now that it is much cheaper : Are the USD0 revenues guaranteed as they come from bonds ?

kkk666role-icon

01/10/2025 at 08:59:21 EST

Why usd0 now 0.9?

Noรฉrole-iconAgain, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

tRoomztrole-icon

01/10/2025 at 08:59:16 EST

Because the communication (or lack thereof) was absolutely non existent. The white paper was edited and not mentioned anywhere regarding the change for hardcoding to 1$, or the 0.87$ floor. Very amateur PR. Almost like it was intentionally supposed to trap unsuspecting early investors who bought the coupon for FULL PRICE. Very clever. Much applause. Now can answer my previous question? If I reinvest in USD0++ how long will I need to wait for peg to return to 1:1? Or how much of a penalty will I incur to remove LP early in terms of USUAL? Because I have been dumping all USUAL rewards, so...

Noรฉrole-iconFor the simulation I'm talking rn. As for the exits, big whales monitor the API/multisigs, they saw the function being pushed. It's onchain.

brianrole-icon

01/10/2025 at 08:59:05 EST

Given that, why not disclose the push public ally ahead of time. So everyone has the same info

kobbertrole-icon

01/10/2025 at 08:58:55 EST

Time to learn not to leverage lol

NovatioLegisrole-icon

01/10/2025 at 08:58:48 EST

Or wrong team strategy?

flumborole-icon@Noรฉ what to do about morpho pools? I'm paying 100% in borrow APR

Noรฉrole-icon

01/10/2025 at 08:58:24 EST

new market will be deployed today

flumborole-icon@Noรฉ what to do about morpho pools? I'm paying 100% in borrow APR

Hi usualrole-icon

01/10/2025 at 08:58:16 EST

Sell and repay

Noรฉrole-iconAgain, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

lololeorole-icon

01/10/2025 at 08:58:12 EST

So please tell me why you are doing something that upsets everyone?

Mowglirole-icon

01/10/2025 at 08:58:08 EST

@Noรฉ hello pls c

6six69nine9role-icon

01/10/2025 at 08:58:01 EST

Was this fair for Bera depositors who took immediate haircut?

flumborole-icon

01/10/2025 at 08:57:50 EST

@Noรฉ what to do about morpho pools? I'm paying 100% in borrow APR

AlperenPacacioglurole-icon

01/10/2025 at 08:57:43 EST

Time to buy

nonamerole-iconHow is it possible to go that low with so much usualx staked ?

Noรฉrole-icon

01/10/2025 at 08:57:26 EST

panic

nonamerole-icon

01/10/2025 at 08:57:15 EST

How is it possible to go that low with so much usualx staked ?

imaz.946 ๐ŸŒ™role-icon

01/10/2025 at 08:57:10 EST

Usual 0.57$ wtf buy buy

Virtusrole-iconWell, if they're upset, seems like there's indeed a problem

Noรฉrole-icon

01/10/2025 at 08:56:20 EST

They would've preferred knowing it before, but we couldn't risk any leak around this update, frontruns would've been unfair for everyone.

Noรฉrole-iconAgain, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

Gothicowiecrole-icon

01/10/2025 at 08:56:01 EST

noe you are not thief, yes?

Noรฉrole-iconAgain, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

Virtusrole-icon

01/10/2025 at 08:55:45 EST

Well, if they're upset, seems like there's indeed a problem

EGrole-iconAre you sure about that? I mean that the range will be between 0 and 6 months?

Dave.racerole-icon

01/10/2025 at 08:55:22 EST

From the White Paper. you can read section 3.3.

image.png

23.21KB

ekosonerole-iconhttps://x.com/Cbb0fe/status/1877694028252397689?t=xJkAOAhFL5NE9OiFy93VHg&s=19 Look at this, hardly surprising team is the one benefitted from setting floor at 0.87

Noรฉrole-icon

01/10/2025 at 08:55:19 EST

Again, MEV had absolutely no knowledge of the update before being public. They're actually upset about it.

marvakrole-icon

01/10/2025 at 08:55:12 EST

This ia crazy. Ive missed the bitcoin fluctuations in early years. Am glad am here for usuals. BLOODBATH

ekosonerole-icon

01/10/2025 at 08:54:21 EST

https://x.com/Cbb0fe/status/1877694028252397689?t=xJkAOAhFL5NE9OiFy93VHg&s=19 Look at this, hardly surprising team is the one benefitted from setting floor at 0.87

The big winner of this whole USD0\+\+ depeg shitshow is actually @MEVCapital currently earning 10% performance on this vault while borrowers are completely trapped\. Guess whoโ€™s a LP at @MEVCapital? Noooโ€ฆ Not @AdliTB founder at @usualmoneyโ€ฆ Not youโ€ฆ @AdliTB please confirm in a

embed
footer-iconTwitter โ€ข 01/10/2025 07:28:36 EST

KBG89role-icon

01/10/2025 at 08:54:17 EST

How come Pendle had it listed under stables?

tRoomztrole-icon

01/10/2025 at 08:54:07 EST

Hello. I have been investing in USD0++ and dumping my usual rewards. Before the fee switch for 1/10/25 I removed my LP liquidity. Just wondering if I now come back in at the discount, how long will I need to wait for USD0++ to grow to 1:1? Thanks!

Investusrole-icon

01/10/2025 at 08:53:21 EST

What do you mean? Must we burn coins everyone? @Noรฉ

NovatioLegisrole-icon

01/10/2025 at 08:53:13 EST

So this is the moment we close our eyes and embrace death?

Dave.racerole-icon0 to 6 months worth of rewards in USUAL, so basically you pay a quantity of USUAL to redeem 1:1

EGrole-icon

01/10/2025 at 08:52:54 EST

Are you sure about that? I mean that the range will be between 0 and 6 months?

CryptoMDzrole-icon

01/10/2025 at 08:52:31 EST

I check the pinned msg, there's nothing mention vedaXbera vault. If you can explain it for me i will be thankful

lololeorole-icon

01/10/2025 at 08:52:30 EST

U will need payback 10800 usual to redeem, thanks to our generous team

yobezrole-icon

01/10/2025 at 08:52:29 EST

is all the brouhaha yesterday related to why i was seeing reverts when i try to claim my usual or is that unrelated

Nezrole-iconHow come they exit 40M hours before depeg? Its literally on chain, cannot hide. "If you have no balance yes, you don't see the actual simulation" I have balance and it was always 1USD0 = 1USD0++ last few weeks.

Noรฉrole-icon

01/10/2025 at 08:51:59 EST

For the simulation I'm talking rn. As for the exits, big whales monitor the API/multisigs, they saw the function being pushed. It's onchain.

nonamerole-icon

01/10/2025 at 08:51:40 EST

So we are just dying with it...

Jordanrole-icon

01/10/2025 at 08:51:04 EST

Lmao I got liqed w 2x leverage

andrewdubairole-icon

01/10/2025 at 08:50:58 EST

np for the usual burning, shortly USUAL will be 1cent

Noรฉrole-iconnobody was

Nezrole-icon

01/10/2025 at 08:50:16 EST

How come they exit 40M hours before depeg? Its literally on chain, cannot hide. "If you have no balance yes, you don't see the actual simulation" I have balance and it was always 1USD0 = 1USD0++ last few weeks.

KBG89role-iconWas USD0++ meant to be a stablecoin?

Noรฉrole-icon

01/10/2025 at 08:48:34 EST

Never

CBB0FErole-icon

01/10/2025 at 08:48:34 EST

Could you clarify involvement of Adli the founder into MEV Capital?

KBG89role-icon

01/10/2025 at 08:48:23 EST

Was USD0++ meant to be a stablecoin?

Daniel.role-icon

01/10/2025 at 08:48:20 EST

"noBaDy wAs"

Noรฉrole-iconbaseless FUD, MEV wasn't even aware before the public announcement

Mano22role-icon

01/10/2025 at 08:48:19 EST

Baseless?? LOL Nothing he said was incorrect

flumborole-icon

01/10/2025 at 08:48:13 EST

Any solution to borrowers being locked at 120% borrow APR?

image.png

101.4KB

Noรฉrole-icon

01/10/2025 at 08:47:36 EST

nobody was

Noรฉrole-icon

01/10/2025 at 08:47:30 EST

baseless FUD, MEV wasn't even aware before the public announcement

Vincentporotrole-iconif there is no minting why is it live on the app? It lets you convert USD0 to USD0++ at 1:1 ratio @Noรฉ @Mr. Lin

Noรฉrole-icon

01/10/2025 at 08:47:15 EST

If you have no balance yes, you don't see the actual simulation

Tenzingrole-icon

01/10/2025 at 08:46:34 EST

What's this? https://x.com/Cbb0fe/status/1877709959649001815

Study @usualmoney conflict of interest playbook: 1\. Founder of @usualmoney @AdliTB is shareholder of @MEVCapital 2\. @usualmoney launch $USUAL token with USD0\+\+ redemption at 1:1 to let people FOMO in 3\. @MEVCapital launch a USD0/USD0\+\+ vault with 10% performance fees so

embed
footer-iconTwitter โ€ข 01/10/2025 08:31:55 EST
xun2xrole-iconEarly Redemption mechanism starts early next week. Any penalty for early redemption ?

Dave.racerole-icon

01/10/2025 at 08:46:06 EST

0 to 6 months worth of rewards in USUAL, so basically you pay a quantity of USUAL to redeem 1:1

Mr. Linrole-iconThe market is crashing likely because the NFP and US unemployment rate announcements

Romansonrole-icon

01/10/2025 at 08:45:35 EST

God bless. I thought because of the unexpected USD0++ depeg and the insufficient educational campaign from USUAL team on this matter.

Chaplinowskyrole-icon

01/10/2025 at 08:45:25 EST

Tf is happening?

Vincentporotrole-icon

01/10/2025 at 08:45:06 EST

if there is no minting why is it live on the app? It lets you convert USD0 to USD0++ at 1:1 ratio @Noรฉ @Mr. Lin

Mr. Linrole-iconThe market is crashing likely because the NFP and US unemployment rate announcements

marvakrole-icon

01/10/2025 at 08:45:01 EST

The data is good. Doesnt make sensw

Dean - Founder GameonForgerole-icon

01/10/2025 at 08:44:48 EST

Usual going to 0.28$ ๐Ÿ™‚

CryptoMDzrole-iconIf at 1:1 ratio, than mean we are in lost bro, Imagine you deposite $10k usdc on veda vault, and you will get $8700 on berachain, that's unfair for us bro. Just put yourself in my place, Please forward this to the team

Nezrole-icon

01/10/2025 at 08:44:37 EST

BUT you should have read the whitepaper

zJP_Gamer โ˜ญrole-icon

01/10/2025 at 08:44:25 EST

I still don't understand the Early Unstaking process. For example, if I have 100 USD0++ at a price of 0.87, how much USD0 will I get, and how much USUAL will be burned?

่‹ฑ็‰น็บณ้›„่€ๅฐ”role-icon

01/10/2025 at 08:44:13 EST

"The current trend of Usual reflects users voting with their feetโ€”it's truly a pile of crap."

Bielrole-icon

01/10/2025 at 08:43:38 EST

HOLD

Gabeerole-icon

01/10/2025 at 08:43:20 EST

Can't lose when you don't sell @INWOXER.

CryptoMDzrole-iconIf at 1:1 ratio, than mean we are in lost bro, Imagine you deposite $10k usdc on veda vault, and you will get $8700 on berachain, that's unfair for us bro. Just put yourself in my place, Please forward this to the team

Noรฉrole-icon

01/10/2025 at 08:42:39 EST

Check the pinned message sir

Mr. Linrole-iconWill need to wait for further announcement - I suspect it should be the same as the value of usd0++

CryptoMDzrole-icon

01/10/2025 at 08:42:17 EST

If at 1:1 ratio, than mean we are in lost bro, Imagine you deposite $10k usdc on veda vault, and you will get $8700 on berachain, that's unfair for us bro. Just put yourself in my place, Please forward this to the team

LavaLittleBird - Chasing

01/10/2025 at 08:41:49 EST

Sadly I jump off lost over 5000 usd

0xREALaldcrole-icon

01/10/2025 at 08:41:42 EST

just why

Mr. Linrole-icon

01/10/2025 at 08:41:39 EST

The market is crashing likely because the NFP and US unemployment rate announcements

Noรฉrole-iconFloor is at 0.87$

Braverole-icon

01/10/2025 at 08:41:06 EST

who will maintain the floor price

Arsonrole-iconFast. Fud is spreading

Hektor Xrole-icon

01/10/2025 at 08:40:48 EST

team always slow and with bad timing..

XIUXIrole-icon

01/10/2025 at 08:40:31 EST

why crash

Mr. Linrole-iconWill need to wait for further announcement - I suspect it should be the same as the value of usd0++

Arsonrole-icon

01/10/2025 at 08:40:02 EST

Fast. Fud is spreading

MrEstebanJrole-icon

01/10/2025 at 08:39:47 EST

Hey hey

CryptoMDzrole-iconAt which ratio ???? I deposited $10K usdc, should i get $10K on berachain ?

Mr. Linrole-icon

01/10/2025 at 08:39:39 EST

Will need to wait for further announcement - I suspect it should be the same as the value of usd0++

Pekarole-icon

01/10/2025 at 08:39:29 EST

Is it posible that they can set que underlying lower?

Noรฉrole-iconTVL is also USD0

Vincentporotrole-icon

01/10/2025 at 08:39:28 EST

What use is USDO why would someone mint it? how can I see how much USDO++ is minted and how much USD0 out of the TVL @Noรฉ @Mr. Lin

xun2xrole-icon

01/10/2025 at 08:39:02 EST

Early Redemption mechanism starts early next week. Any penalty for early redemption ?

marvakrole-icon

01/10/2025 at 08:38:58 EST

Whats the floor of usual?๐Ÿ˜…

alparslanrole-iconWhat is the underlying value of usd0++

Noรฉrole-icon

01/10/2025 at 08:37:52 EST

Floor is at 0.87$

alparslanrole-icon

01/10/2025 at 08:37:42 EST

What is the underlying value of usd0++

AndrรฉBrole-icon

01/10/2025 at 08:37:29 EST

wtf is going on

Gloxxasrole-iconLmao bro. I think he deposited 100$ for testing UI like their team did with screenshot

Mr. Linrole-icon

01/10/2025 at 08:37:24 EST

Wrong again - the vault explicitly states it accepts usd0++.

image.png

102.35KB

Mr. Linrole-iconIt is a pre-predeposit vault that will move liquidity and make it active once Berachain goes live on day 1

CryptoMDzrole-icon

01/10/2025 at 08:37:13 EST

At which ratio ???? I deposited $10K usdc, should i get $10K on berachain ?

6six69nine9role-icon

01/10/2025 at 08:36:46 EST

Why send $USUAL down with this... neithet holders and LPers don't win

flumborole-icondamn u got rugged by ur own team?

Gloxxasrole-icon

01/10/2025 at 08:36:41 EST

Lmao bro. I think he deposited 100$ for testing UI like their team did with screenshot

Mr. Linrole-icon

01/10/2025 at 08:36:40 EST

Please don't make stuff up, thanks

08:36:19

you're suppose to receive 1:1 berausd0++

image.png

27.72KB

AsrayT3ch

01/10/2025 at 08:36:17 EST

sheesh

flumborole-icondamn u got rugged by ur own team?

Mr. Linrole-icon

01/10/2025 at 08:35:55 EST

?

interectedrole-icon

01/10/2025 at 08:35:33 EST

TEAM save token right now or will go 0.45

Asshadrole-icon

01/10/2025 at 08:35:33 EST

wow

Mr. Linrole-iconI did the vault deposit as well - I deposited USD0++ back then, but debank currently shows that it is USD0.

flumborole-icon

01/10/2025 at 08:35:22 EST

damn u got rugged by ur own team?

fab1440role-iconYou are wrong, i think mev capital knew that USD0++ will depegged so they still didnt swap to USD0++

Mr. Linrole-icon

01/10/2025 at 08:34:59 EST

I did the vault deposit as well - I deposited USD0++ back then, but debank currently shows that it is USD0.

Vincentporotrole-iconSo TVL can't grow until USD0++ is re-pegged?

Noรฉrole-icon

01/10/2025 at 08:34:24 EST

TVL is also USD0

Mr. Linrole-iconYes, once the price on secondary market is at 1, we will mint at 1.

Callmenikolairole-icon

01/10/2025 at 08:34:10 EST

And if the price never recover 1$ ?

Mr. Linrole-iconhttps://usual.veda.tech/ ser if this is the vault you're referring to, it is USD0++

fab1440role-icon

01/10/2025 at 08:32:42 EST

You are wrong, i think mev capital knew that USD0++ will depegged so they still didnt swap to USD0++

Screenshot_598.jpg

17KB

Mr. Linrole-iconYes, once the price on secondary market is at 1, we will mint at 1.

Vincentporotrole-icon

01/10/2025 at 08:32:41 EST

So TVL can't grow until USD0++ is re-pegged?

CryptoMDzrole-iconBut it's written USD0 not usd0++ Can you explain more about this vault.

Mr. Linrole-icon

01/10/2025 at 08:31:58 EST

It is a pre-predeposit vault that will move liquidity and make it active once Berachain goes live on day 1

MichaelVrole-icon

01/10/2025 at 08:31:52 EST

usual price chart looks like my sanity atm

CryptoMDzrole-iconBut it's written USD0 not usd0++ Can you explain more about this vault.

Noรฉrole-icon

01/10/2025 at 08:31:44 EST

You deposit assets, and they're auto converted to USD0++

Mr. Linrole-iconhttps://usual.veda.tech/ ser if this is the vault you're referring to, it is USD0++

CryptoMDzrole-icon

01/10/2025 at 08:31:23 EST

But it's written USD0 not usd0++ Can you explain more about this vault.

IMG_20250110_123036.jpg

15.62KB

Jimminerole-iconIs there any disadvantage of choosing to swap? Any drawback? Is it the same and achieves the same result?

Mr. Linrole-icon

01/10/2025 at 08:31:20 EST

No ser - you just need to be aware of the current price, that's it

Mr. Linrole-iconUnstaking means you're going through our official route, which has an unstaking fee ser. Swapping will not accrue that fee.

Jimminerole-icon

01/10/2025 at 08:30:40 EST

Is there any disadvantage of choosing to swap? Any drawback? Is it the same and achieves the same result?

Vincentporotrole-iconRecap: @Mr. Lin @Noรฉ I asked: When new USD0++ is minted, will it always cost 1 USD, or could it be minted at the floor price of 0.87 USD? Noe answered: No minting until repegged - market price until then. Now my question is: When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)?

Mr. Linrole-icon

01/10/2025 at 08:30:29 EST

Yes, once the price on secondary market is at 1, we will mint at 1.

interectedrole-icon

01/10/2025 at 08:30:02 EST

free fall of USUAL token started on market.

alparslanrole-iconwill there be any action for correcting usd0++ if it stays below 0.9 for months

Callmenikolairole-icon

01/10/2025 at 08:28:45 EST

Seems that USD0++ was overpeg and the real pef is 0.87

Phoenixrole-icon

01/10/2025 at 08:28:25 EST

It's crazy to think there were no insiders.

Gabeerole-icon

01/10/2025 at 08:28:09 EST

Mava doesn't reply anymore, pack your suitcase guys

Mr. Linrole-iconAFAIK it is paid by their own $USUAL

andrewdubairole-icon

01/10/2025 at 08:28:05 EST

how you can do that? on the smart contract level you don't have registered this information. If we move tokens areound (pool or exhcange) are you going to trace this and put a fair value for redeem?

CryptoMDzrole-icon@Mr. Lin vedaXbera vault, usdc is usdc right?

Mr. Linrole-icon

01/10/2025 at 08:28:03 EST

https://usual.veda.tech/ ser if this is the vault you're referring to, it is USD0++

JaharakaLrole-icon

01/10/2025 at 08:28:02 EST

Still Drama?

Julesrole-icon

01/10/2025 at 08:27:22 EST

@Noรฉ any through on this? Maybe Gauntlet read the doc? ๐Ÿ˜‚

Vincentporotrole-icon

01/10/2025 at 08:27:18 EST

Recap: @Mr. Lin @Noรฉ I asked: When new USD0++ is minted, will it always cost 1 USD, or could it be minted at the floor price of 0.87 USD? Noe answered: No minting until repegged - market price until then. Now my question is: When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)?

ravishedrole-icon

01/10/2025 at 08:26:31 EST

@Mava (AI Support) how correlated are the fed funds rate to the revenues from USYC?

Mr. Linrole-icon

01/10/2025 at 08:25:58 EST

AFAIK it is paid by their own $USUAL

CryptoMDzrole-icon

01/10/2025 at 08:25:56 EST

@Mr. Lin vedaXbera vault, usdc is usdc right?

Jimminerole-iconIs there a difference between unstaking and swaping? I get no fees in swaping USUALX but 10 percent when unstaking. And the fees is just 50 USUAL for swapping. Is there a disadvantage?

Mr. Linrole-icon

01/10/2025 at 08:25:36 EST

Unstaking means you're going through our official route, which has an unstaking fee ser. Swapping will not accrue that fee.

Jimminerole-icon

01/10/2025 at 08:25:03 EST

Is there a difference between unstaking and swaping? I get no fees in swaping USUALX but 10 percent when unstaking. And the fees is just 50 USUAL for swapping. Is there a disadvantage?

Asshadrole-icon

01/10/2025 at 08:24:27 EST

why do we have to wait till Monday surely the team should clarify the issue and why the decision was made without proper notification

Mr. Linrole-iconWell you've limited the parameters of the things you want to discuss - I doubt we can have a useful discussion if that is the case

Evixrole-icon

01/10/2025 at 08:23:29 EST

? I don't understand.

alparslanrole-icon

01/10/2025 at 08:23:13 EST

will there be any action for correcting usd0++ if it stays below 0.9 for months

BingChillingrole-icon

01/10/2025 at 08:22:59 EST

go to gauntlet broo

image.png

63.06KB

divisionbyzerorole-icon

01/10/2025 at 08:22:47 EST

Is there a chance you can provide the old version of the docs so we can have a fresh look at the information we had when we choose to invest in USD0++?

lololeorole-icon

01/10/2025 at 08:22:40 EST

I saw your message last month that the 1:1 redeem will continue till the end of Q1, is now end of Q1?

Vincentporotrole-iconI'm asking about the minting of new usd0++ @Mr. Lin

Mr. Linrole-icon

01/10/2025 at 08:22:23 EST

I see - but that should not be correlated to the price action of USD0++:USD0

RomainBlindyrole-icon

01/10/2025 at 08:21:59 EST

He can't exactly quit before the depeg without knowing something

Mr. Linrole-icon

01/10/2025 at 08:20:58 EST

The details in regards to calculation of the specific amount should be released on Monday ser

Mr. Linrole-iconHi ser - the minting of $USUAL never stopped (if that's what you're asking), and it has never been "pegged" at a 1:1 ratio like a stablecoin.

Vincentporotrole-icon

01/10/2025 at 08:20:39 EST

I'm asking about the minting of new usd0++ @Mr. Lin

Evixrole-iconI think you're not directly answering my question. I'm not even talking about communication anymore. I will ask it again, then. So why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

xun2xrole-icon

01/10/2025 at 08:20:26 EST

They will say, read the whitepaper, not their mistake

Julesrole-icon

01/10/2025 at 08:20:23 EST

https://x.com/DeFi_Made_Here/status/1877693824790622480 here we go

Gauntlet withdrew ~$43m from usd0\+\+ markets just before the drama started gg nerd \+ RIP bozo \+ suck on deez immutable nuts \+ thanks for playing

embed
footer-iconTwitter โ€ข 01/10/2025 07:27:48 EST

Fwankrole-icon

01/10/2025 at 08:20:16 EST

wen airdrop guys

Candy Factoryrole-iconIs there a specific maturity date in 4 years?

Mr. Linrole-icon

01/10/2025 at 08:19:49 EST

June 30, 2028 this is stated in our Whitepaper ser!

Mr. Linrole-iconFor everyone ser

Candy Factoryrole-icon

01/10/2025 at 08:18:57 EST

Is there a specific maturity date in 4 years?

alinonorole-iconSo floor price will linearly increase to 1 usd within 4 years for EVERYONE ? or does it depend when you acquire USD0++?

Mr. Linrole-icon

01/10/2025 at 08:17:44 EST

For everyone ser

Noรฉrole-iconYes, will be 100% linear asap

alinonorole-icon

01/10/2025 at 08:17:33 EST

So floor price will linearly increase to 1 usd within 4 years for EVERYONE ? or does it depend when you acquire USD0++?

Vincentporotrole-iconguys this is the third time i'm asking. When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)? @Noรฉ @Mr. Lin@Mava (AI Support)

Mr. Linrole-icon

01/10/2025 at 08:17:20 EST

Hi ser - the minting of $USUAL never stopped (if that's what you're asking), and it has never been "pegged" at a 1:1 ratio like a stablecoin.

RomainBlindyrole-iconRepegging will be in 3.5 years, you have time to ask again ๐Ÿ™‚

Usualrole-icon

01/10/2025 at 08:16:06 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Vincentporotrole-iconguys this is the third time i'm asking. When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)? @Noรฉ @Mr. Lin@Mava (AI Support)

RomainBlindyrole-icon

01/10/2025 at 08:16:06 EST

Repegging will be in 3.5 years, you have time to ask again ๐Ÿ™‚

Evixrole-iconI think you're not directly answering my question. I'm not even talking about communication anymore. I will ask it again, then. So why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

Mr. Linrole-icon

01/10/2025 at 08:16:03 EST

Well you've limited the parameters of the things you want to discuss - I doubt we can have a useful discussion if that is the case

Mr. Linrole-iconThey will make a further announcement on this matter by the earliest next Monday

Callmenikolairole-icon

01/10/2025 at 08:15:27 EST

You are kidding ? this is way too late

Vincentporotrole-icon

01/10/2025 at 08:15:17 EST

guys this is the third time i'm asking. When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)? @Noรฉ @Mr. Lin@Mava (AI Support)

sslvsk13role-icon

01/10/2025 at 08:15:14 EST

Please explain to me, a dumbass, what I missed from the yuzhal docs. I think I read them) It seemed to me that the price, although not strictly tied to the dollar, should move around it, because: 1) You can stake USD0 and get 1 USD0++, so the price should not go up. 2) During a deposit, DAO can press the "early redemption" button and give USD0++ holders the opportunity to return the body. How the profitability will be distributed in this case - who the hell knows, but according to the docs it seemed that it was not through the price of USD0++. The exchange of USD0 for USD0++ 1/1 hinted at this. It seemed that this was just something that would be implemented later. How they added the USUAL stamp now, which was not there before. So please tell me, who understands what is happening: 1) What did I misunderstand from the docs? 2) What from the docs allowed me to assume that there would be a deposit?

Phoenixrole-iconhow much is the weekly allowed outflow ?

Mr. Linrole-icon

01/10/2025 at 08:15:13 EST

Will need to see the stats next week ser

Evixrole-iconI think you're not directly answering my question. I'm not even talking about communication anymore. I will ask it again, then. So why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

tommyshelbersrole-icon

01/10/2025 at 08:15:06 EST

they are not setting anything lolโ€ฆ the market decides rhe price. Yesterday, team was supporting early redemption as a good faith.

Phoenixrole-icon

01/10/2025 at 08:14:52 EST

how much is the weekly allowed outflow ?

Evixrole-iconI think you're not directly answering my question. I'm not even talking about communication anymore. I will ask it again, then. So why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

Usualrole-icon

01/10/2025 at 08:13:56 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Mr. Linrole-iconI agree that the timing of this announcement release can be optimized - however, I don't participate in the decision making process.

Evixrole-icon

01/10/2025 at 08:13:55 EST

I think you're not directly answering my question. I'm not even talking about communication anymore. I will ask it again, then. So why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

Mr. Linrole-icon

01/10/2025 at 08:13:49 EST

The maximum amount of $USUAL burned via early redeeming will be the amount of $USUAL accured from the past 180 days, it will not exceed that amount.

dฮžrkfingah | SBCrole-iconMan, farming USDO/USDC was the way to go here ... sigh

BingChillingrole-icon

01/10/2025 at 08:13:43 EST

yes if you don't want buy bond and held long term. farm LP still good

nein ๐Ÿงฒrole-icon

01/10/2025 at 08:13:40 EST

can yall answer me about the Curve LP thing?

interectedrole-icon

01/10/2025 at 08:13:02 EST

to many tokens being dumped by USUAL into market we are going down too fast with all this mess..

Usualrole-icon

01/10/2025 at 08:13:01 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Mr. Linrole-iconHi ser, the team has confirmed that the FP will increase on a incremental basis as time passes, but the details of that increment has yet to be finalized - but rest assured, it will only go up from 0.87.

xun2xrole-icon

01/10/2025 at 08:12:52 EST

Meaning, now is the time to buy. User who bought before will suffer from loss or wait until it goes to 1:1. Next week ?

LavaLittleBird - Chasing

01/10/2025 at 08:12:34 EST

Down to 0.5 letโ€™s go ๐Ÿ˜…

alinonorole-iconwhat if I got USD0++ through pendle redeeming, how is the maturity calculated ? As I didnt get usd0++ directly from usual, how to know my LDT token maturity date ?

neinrole-icon

01/10/2025 at 08:12:12 EST

it doesn't change anything ur stillf fcked

Asshadrole-icon

01/10/2025 at 08:11:29 EST

lol

alinonorole-iconwhat if I got USD0++ through pendle redeeming, how is the maturity calculated ? As I didnt get usd0++ directly from usual, how to know my LDT token maturity date ?

Mr. Linrole-icon

01/10/2025 at 08:11:04 EST

I'm curious to this as well, and team has explicitly said further details will be released in another post by the earliest next Monday ser

Callmenikolairole-iconWill the team make a public announcement about they did ?

Mr. Linrole-icon

01/10/2025 at 08:10:15 EST

They will make a further announcement on this matter by the earliest next Monday

alinonorole-icon

01/10/2025 at 08:10:09 EST

what if I got USD0++ through pendle redeeming, how is the maturity calculated ? As I didnt get usd0++ directly from usual, how to know my LDT token maturity date ?

famousfxckrole-icon

01/10/2025 at 08:10:09 EST

7ab954d523d94691e4c301f1e5fa273e06f75947.mp4

527.31KB

Callmenikolairole-icon

01/10/2025 at 08:09:50 EST

Will the team make a public announcement about they did ?

Evixrole-iconSo why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

Mr. Linrole-icon

01/10/2025 at 08:09:37 EST

I agree that the timing of this announcement release can be optimized - however, I don't participate in the decision making process.

alexey.krole-icon

01/10/2025 at 08:09:35 EST

sad to see such a good project going down ๐Ÿ˜ฆ

ASrole-icon

01/10/2025 at 08:08:24 EST

You must not have communicated with pendle about the problem of usd0++, otherwise I don't think they would have launched your usd0++ product at all

Evixrole-icon

01/10/2025 at 08:08:22 EST

So why, from the beginning until yesterday, were you selling this product for $1, and today, for the SAME thing, you're selling it for 87c? Whatโ€™s the difference? (Please, donโ€™t talk to me about incentives, airdrops, or anything like that. Iโ€™m talking about the product itself.)

Vincentporotrole-icon

01/10/2025 at 08:08:21 EST

When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)? @Noรฉ@Mr. Lin

alinonorole-iconand you get a yield on top of it for holding USD0++ right? you get teh risk free treasuury rate or do you get usual token ?

oncryerole-icon

01/10/2025 at 08:08:15 EST

you get usual

R2Pleasentrole-icon

01/10/2025 at 08:08:12 EST

I just hope the team behind Usual can get rich. If I lose 13% who cares. I am just a regular person. An NPC so to speak. But these Usual guys, they are special

JazzyStrole-icon

01/10/2025 at 08:08:02 EST

@Noรฉ plz check. Not allowed

interectedrole-icon

01/10/2025 at 08:07:57 EST

why are you dumping so many tokens into market? its going to kill the token price, investors will not come into project..

็ˆฑๅญrole-iconI just bought USD0++ for $1 yesterday, and today I've already lost 13% plus 180 days of Usual rewards. Nice project!

staycoolrole-icon

01/10/2025 at 08:07:54 EST

long term investor :ez:

็ˆฑๅญrole-iconI just bought USD0++ for $1 yesterday, and today I've already lost 13% plus 180 days of Usual rewards. Nice project!

ghost643role-icon

01/10/2025 at 08:06:50 EST

skill issue

็ˆฑๅญrole-iconI just bought USD0++ for $1 yesterday, and today I've already lost 13% plus 180 days of Usual rewards. Nice project!

HubristicFarmerrole-icon

01/10/2025 at 08:06:40 EST

skillful investing

็ˆฑๅญrole-icon

01/10/2025 at 08:05:46 EST

I just bought USD0++ for $1 yesterday, and today I've already lost 13% plus 180 days of Usual rewards. Nice project!

Usualrole-icon

01/10/2025 at 08:05:15 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Evixrole-iconlol. So, what is it then?

Mr. Linrole-icon

01/10/2025 at 08:05:09 EST

image.png

200.45KB

Mr. Linrole-iconyes ser

neinrole-icon

01/10/2025 at 08:05:07 EST

ok so i still get the rewards wether my LP is staked or NOT (and if i stake my LP) i get the addition veCURVE rewards from curve themselves? meaning a much higher APY?

ravishedrole-iconthe true alpha is to buy usual, stake it for usualx and collect 60% APY on your position in USD0 :usd0: plus another 214% APY in more usual :usuallogo: while FDV/TVL is at 1.64, insainley low. Your APY on the USD0 is now protected at at least $5 million a month because of the revenue lock on USD0++. If people understood this they would stop worrying about their 8% mistake from not reading and ape into usual but they will most all probably buy in at a higher price later.

Mateus Ballrole-icon

01/10/2025 at 08:05:04 EST

you have 3m new usuals daily and TVL drain, expect your return about 7-15%)

oncryerole-iconyou don't have to stake, the redemption price of usd0++ will go up linearly in 4 years

alinonorole-icon

01/10/2025 at 08:04:57 EST

and you get a yield on top of it for holding USD0++ right? you get teh risk free treasuury rate or do you get usual token ?

CryptoMDzrole-icon

01/10/2025 at 08:04:56 EST

Screenshot_2025-01-10-13-53-36-837_com.twitter.android.jpg

223.47KB

zhengziyan.solrole-icon@Noรฉ Iโ€™d like to ask if 0.87 gradually increases to 1 over time, or if the official adjustments are made at any time, possibly going higher or lower before eventually reaching 1, or if it remains fixed until it reaches 1 in the end? If it does change, how often will adjustments be made?

Mr. Linrole-icon

01/10/2025 at 08:04:39 EST

Hi ser, the team has confirmed that the FP will increase on a incremental basis as time passes, but the details of that increment has yet to be finalized - but rest assured, it will only go up from 0.87.

Phoenixrole-iconDoes nobody know the weekly outflow limit? How many times do we have to ask ?

Usualrole-icon

01/10/2025 at 08:03:22 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Phoenixrole-icon

01/10/2025 at 08:03:22 EST

Does nobody know the weekly outflow limit? How many times do we have to ask ?

Mr. Linrole-iconBecause it is not technically a 4-year bond, but we use that to illustrate a concept or as an example

Evixrole-icon

01/10/2025 at 08:03:15 EST

lol. So, what is it then?

dฮžrkfingah | SBCrole-iconMan, farming USDO/USDC was the way to go here ... sigh

BRNDNrole-icon

01/10/2025 at 08:03:05 EST

Wdym?

zhengziyan.solrole-icon@Noรฉ Iโ€™d like to ask if 0.87 gradually increases to 1 over time, or if the official adjustments are made at any time, possibly going higher or lower before eventually reaching 1, or if it remains fixed until it reaches 1 in the end? If it does change, how often will adjustments be made?

Usualrole-icon

01/10/2025 at 08:02:59 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

zhengziyan.solrole-icon

01/10/2025 at 08:02:59 EST

@Noรฉ Iโ€™d like to ask if 0.87 gradually increases to 1 over time, or if the official adjustments are made at any time, possibly going higher or lower before eventually reaching 1, or if it remains fixed until it reaches 1 in the end? If it does change, how often will adjustments be made?

dฮžrkfingah | SBCrole-iconMan, farming USDO/USDC was the way to go here ... sigh

Gunner funkrole-icon

01/10/2025 at 08:02:21 EST

Someone gets it

ekosonerole-icon

01/10/2025 at 08:02:14 EST

Lmfao team aiming to become Blackrock and take over Tether and look at this sh**show

alinonorole-iconCan someone answer : if I hold usd0++ it will be redeemable to 1usd in 6 month(if I forfeit the yield) or in 4 years, with the yield on top of it ? do I need to stake my usd0++ for 4 years or I just hold them in my wallet and how do I receive the yield on top of it while it gets 1-1 redeemed ?

oncryerole-icon

01/10/2025 at 08:02:07 EST

you don't have to stake, the redemption price of usd0++ will go up linearly in 4 years

dฮžrkfingah | SBCrole-icon

01/10/2025 at 08:01:58 EST

Man, farming USDO/USDC was the way to go here ... sigh

23123role-icon

01/10/2025 at 08:01:35 EST

In other words, as long as you hold Uxualx, you can get the full reward, regardless of whether it is staked or purchased from Web3 (Uniswap)?

๐Ÿ‘

1

avatar-icon

Mr. Lin

hanasaver

๐Ÿ‘

Close
neinrole-iconi've a quick question? do i still get the USUAL rewards if i stake my USD0/USDC LP on curve?

Mr. Linrole-icon

01/10/2025 at 08:01:22 EST

yes ser

image.png

50.1KB

MrAdeline

01/10/2025 at 08:01:19 EST

I think in the future, the way to launch something like this would be to have USD0++ redeemable 1:1 USD0 on day 0 and linearly adjust to .87:1 USD0 on Day X (communicated at launch). Over that period, you distribute USUAL linearly as well. This way a user who enters USD0++ on Day 0 earns USUAL while their initial investment depreciates and a user who enters on Day X has no sudden/unexpected depreciation in their investment.

FlyingArrowzrole-icon

01/10/2025 at 08:00:48 EST

Hey @Noรฉ ,thanks for taking time to answer all questions here. Understand the fud is crazy, have been in your shoes before as a CL lol. You got this bruh, people are just visibly pissed they lost money

๐Ÿ‘

3

avatar-icon

Mr. Lin

hanasaver

avatar-icon

m4rtr3d

m4rtr3d

avatar-icon

fredchan17999

๐Ÿ‘

Close
Vincentporotrole-iconWhen minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)? @Noรฉ

Nezrole-icon

01/10/2025 at 08:00:36 EST

Repegging meant 0.87$

Noรฉrole-iconNo minting until repegged - market price until then

Vincentporotrole-icon

01/10/2025 at 07:59:48 EST

When minting resumes after repegging, will it always be at a 1:1 ratio (1 USD for 1 USD0++)? @Noรฉ

neinrole-icon

01/10/2025 at 07:59:44 EST

i've a quick question? do i still get the USUAL rewards if i stake my USD0/USDC LP on curve?

alinonorole-icon

01/10/2025 at 07:59:41 EST

Can someone answer : if I hold usd0++ it will be redeemable to 1usd in 6 month(if I forfeit the yield) or in 4 years, with the yield on top of it ? do I need to stake my usd0++ for 4 years or I just hold them in my wallet and how do I receive the yield on top of it while it gets 1-1 redeemed ?

divisionbyzerorole-icon

01/10/2025 at 07:59:28 EST

Well...this was clearly a trap to rug the users. I feel very stupid falling for it.There should be legal implications on this though? Team is doxed, was obviously fully aware of the situation and all kinds of information in the docs, hardcoded oracles etc was clearly ment to mislead that USD0++ was expected to trade at $1.

Mr. Linrole-icon

01/10/2025 at 07:59:10 EST

Because it is not technically a 4-year bond, but we use that to illustrate a concept or as an example

Evixrole-iconWhy did we pay $1 for a product worth 87c? What is the logical reason why, from the start, USD0++ isn't worth 87c?

brianrole-icon

01/10/2025 at 07:57:45 EST

Yeah, it is weird. If you buy a 4 year notational bond for $100 you expect it to be worth around $100, less if rates go up and more if they go down. But not insta dump to 0.87 with no rate change

Slyzerole-iconยซ Depending on the weekly outflow of TVL compared to the target allowed net outflow ยป There is no number here, can you explain the math here and wich numbers is taken? For example wdym by ยซ target allowed net outflow ยป? Anyway make no sense to launch this new ratio before the early redemption feature

Slyzerole-icon

01/10/2025 at 07:56:52 EST

any answers here? How to calculate the penalty for early redemption?

learennn.role-icon

01/10/2025 at 07:56:50 EST

Thank you team you did very well

Phoenixrole-icon

01/10/2025 at 07:56:12 EST

can someone tell me how much are the weekly outflow limits ?

Tokerrole-iconWhy are they not eligible ?

Noรฉrole-icon

01/10/2025 at 07:56:12 EST

only EOA controlled tokens are

tony_defirole-icon

01/10/2025 at 07:56:06 EST

Need buying more usual and stake for passive income

xun2xrole-iconwhat is the period for new market ?

Noรฉrole-icon

01/10/2025 at 07:56:01 EST

wdym?

Noรฉrole-iconNew market will be deployed today

xun2xrole-icon

01/10/2025 at 07:55:53 EST

what is the period for new market ?

Noรฉrole-iconshould be - not eligible to the rev-share tho iirc

Tokerrole-icon

01/10/2025 at 07:55:29 EST

Why are they not eligible ?

FlyingArrowzrole-iconThanks for this sir! Will wait for next week then.

Mr. Linrole-icon

01/10/2025 at 07:55:24 EST

nw ser, happy to help

Vincentporotrole-iconWhen new USD0++ is minted, will it always cost 1 USD, or could it be minted at the floor price of 0.87 USD? @Noรฉ

Noรฉrole-icon

01/10/2025 at 07:55:08 EST

No minting until repegged - market price until then

23123role-icon

01/10/2025 at 07:54:47 EST

So what's the difference between the usualx I bought directly and the usualx that flowed?Buying from web3 is a direct purchase or flowed?

Mr. Linrole-iconSer if that is the case, you'll need to accrue some $USUAL if you REALLY need to exit immediately...

Gloxxasrole-icon

01/10/2025 at 07:54:43 EST

Some of you mean is 13% of total value USD0++ for max repeg $1 ?

Vincentporotrole-icon

01/10/2025 at 07:54:34 EST

When new USD0++ is minted, will it always cost 1 USD, or could it be minted at the floor price of 0.87 USD? @Noรฉ

Mr. Linrole-iconThis is all from experience, nothing guaranteed - I've used Pendle quite extensively, so here goes nothing: Say you bought PT-USD0++ (JAN) yesterday, which the PT implied yield is around 22%, then on with $10k USD0++ you would receive 10120 USD0++ by maturity. The early redemption would be online by then, and the cost of which is determined periodically. The details will be ironed out by earliest next Monday. However, I suspect that the 120USD0++ you've earned is unlikely to cover the entire exit of your $10120 usd0++ principal. There's couple ways to go from here. 1) Observe the early redemption cost - If say, it requires 2.5% of your principal amount (in form of $USUAL), then it would still make sense to do another round of PT, and the Fixed APY is likely higher than before because there is more incentive for people to buy YT-USD0++ ($USUAL now receives more revenue and value). Or even YT if it is mispriced, as users might not understand that $USUAL is now more valuable than before. or, 2) Hold your USD0++ some period of time (would be under 180 days because you have already received that extra $120USD0++). With the accrued $USUAL reward and your $120 usd0++, you should be able to exit without hurting your principal amount.

FlyingArrowzrole-icon

01/10/2025 at 07:54:22 EST

Thanks for this sir! Will wait for next week then.

๐Ÿ‘

1

avatar-icon

Mr. Lin

hanasaver

๐Ÿ‘

Close
Noรฉrole-iconStarting USD0++ at 0.87 instead of 1 ensures the protocol captures revenue (13 cents over 4 years) that backs $USUAL, giving it real value rather than leaving it as an โ€œemptyโ€ token. When USD0++ grows to 1, users still receive their full amount upon exiting, but the interim value accrual is redirected to strengthen $USUAL, which is backed by a 250M+ treasury. This aligns incentives, supports long-term growth, and ensures both USD0++ and $USUAL contribute meaningfully to the ecosystem.

ASrole-icon

01/10/2025 at 07:54:05 EST

So why are we buying for $1?

HubristicFarmerrole-icon

01/10/2025 at 07:53:52 EST

with price around 91c it is almost time for the unliquidable vault so I can max leverage loop. Too much to hope we get a few more cents off?

davenedorole-iconwill USD0++ converge linearly to 1 over the next 3.5y? how often are you planning to update the red price?

Noรฉrole-icon

01/10/2025 at 07:53:31 EST

Yes, will be 100% linear asap

MiniCheddarrole-iconThe early redemption fee suggests we will give back some accrued USUAL rewards to exit at 1:1 What happens if I have not accrued enough USUAL to cover the exit fee? e.g. in the scenario I stake USD0++ day #1, exit USD0++ day #2.. do you take the difference from the principle?

Noรฉrole-icon

01/10/2025 at 07:53:09 EST

Nope, you'll have to buy $USUAL or hold longer to have more rewards sir

MiniCheddarrole-iconThe early redemption fee suggests we will give back some accrued USUAL rewards to exit at 1:1 What happens if I have not accrued enough USUAL to cover the exit fee? e.g. in the scenario I stake USD0++ day #1, exit USD0++ day #2.. do you take the difference from the principle?

Mr. Linrole-icon

01/10/2025 at 07:53:04 EST

Ser if that is the case, you'll need to accrue some $USUAL if you REALLY need to exit immediately...

davenedorole-icon

01/10/2025 at 07:53:03 EST

will USD0++ converge linearly to 1 over the next 3.5y? how often are you planning to update the red price?

Nezrole-iconYou forgot one thing. USUALX to USUAL, has 10% penalty fee. It will always have, you are not staking it FOREVER. Should add that to your APY calculation especially since yield goes inside your USUALx. Also, 213% APY is compounded (you won't get nearly half of that in the beginning).

oncryerole-icon

01/10/2025 at 07:52:44 EST

213% apy = 114.28% apr

Nezrole-iconYou forgot one thing. USUALX to USUAL, has 10% penalty fee. It will always have, you are not staking it FOREVER. Should add that to your APY calculation especially since yield goes inside your USUALx. Also, 213% APY is compounded (you won't get nearly half of that in the beginning).

Mr. Linrole-icon

01/10/2025 at 07:52:22 EST

But if you exit via secondary market, there isn't a penalty fee

Mr. Linrole-iconThe MAXIMUM amount of early redemption fee would be the $USUAL accrued over the past 180 days.

MiniCheddarrole-icon

01/10/2025 at 07:52:20 EST

The early redemption fee suggests we will give back some accrued USUAL rewards to exit at 1:1 What happens if I have not accrued enough USUAL to cover the exit fee? e.g. in the scenario I stake USD0++ day #1, exit USD0++ day #2.. do you take the difference from the principle?

Noรฉrole-icon

01/10/2025 at 07:52:10 EST

Because without balance, the simulation doesn't work sir. Try with balance, you'll see it's at market price

BingChillingrole-icon

01/10/2025 at 07:51:59 EST

because the router not working u use fake balance. use real balance the route will route you better price

ghost643role-icon

01/10/2025 at 07:51:55 EST

connect with wallet

Mr. Linrole-iconUnfortunately for those who recently bought USD0++, they would lose value on this - however, I would like to reiterate again if I may, the rewards you earned (i.e. $USUAL) can be staked to USUALx and is currently earning 213% APY. Plus you receive, on a month to month basis, revenue shares from revenue switch, in the form of USD0.

Nezrole-icon

01/10/2025 at 07:51:44 EST

You forgot one thing. USUALX to USUAL, has 10% penalty fee. It will always have, you are not staking it FOREVER. Should add that to your APY calculation especially since yield goes inside your USUALx. Also, 213% APY is compounded (you won't get nearly half of that in the beginning).

xun2xrole-iconWhat is the solution ? I have Pendle PT for 10k also. Just exit when maturity and hold usd0++ until 1:1 happen ? Tq

Mr. Linrole-icon

01/10/2025 at 07:51:44 EST

Ser I've made some assumptions and estimation in my answer above If you want my opinion on how I will do it, I will place limit orders on YT to scoop a cheap opportunity and leverage farm $USUAL

Tokerrole-iconHey @Noรฉ when I LP usualX/usual on the uni V3 pool, does the usualX I've pooled are equivalent of Staked Usual (with the yield of it) or not ?

Noรฉrole-icon

01/10/2025 at 07:50:58 EST

should be - not eligible to the rev-share tho iirc

Nezrole-iconThis was the only correct way to do this, 0.87$ day 1. No matter what team says. Would have no FUD, no TVL drain, no 50M+ losses on DeFi users (even if temporary) and no tainted image. Now the reality is: They sold zero-coupon bond for 1.00$. Sure you still get 1$ at the end, BUT WITH ZERO YIELD. Case closed.

alinonorole-icon

01/10/2025 at 07:50:32 EST

My understanding was with usd0++ you get 1usd at the end of lockup with the risk free treasury yield ? Not just 1usd ? I thought it was what was meant in the doc ?

Nezrole-iconYou mean buy USD0++ at 0.90$ earn USUAL and stake it. USUAL is very volatile, buying it is not for everyone

ravishedrole-icon

01/10/2025 at 07:50:19 EST

the true alpha is to buy usual, stake it for usualx and collect 60% APY on your position in USD0 :usd0: plus another 214% APY in more usual :usuallogo: while FDV/TVL is at 1.64, insainley low. Your APY on the USD0 is now protected at at least $5 million a month because of the revenue lock on USD0++. If people understood this they would stop worrying about their 8% mistake from not reading and ape into usual but they will most all probably buy in at a higher price later.

CryptoMDzrole-icon

01/10/2025 at 07:50:17 EST

For Bera vault: we will claim usd0++ for which ratio ?

Tokerrole-icon

01/10/2025 at 07:50:16 EST

Hey @Noรฉ when I LP usualX/usual on the uni V3 pool, does the usualX I've pooled are equivalent of Staked Usual (with the yield of it) or not ?

sagol486role-icon

01/10/2025 at 07:50:04 EST

Weโ€™re not idiots. Either retract the update related to USD0++ or ease the conditions. Operations like this will end the platformโ€™s lifespan in 6 months, let alone 4 years. โ—โ–…โ–‡โ–ˆโ–‡โ–†โ–…โ–„โ–‡ โ—โ–…โ–‡โ–ˆโ–‡โ–†โ–…โ–„โ–‡

ๅคง่กจๅงShevon๏ผˆ็ปๆœ›ไน‹่ฐท็ˆฌไธๅ‡บๆฅ๏ผ‰role-iconHow the official guaranteed 0.87 exchange rate, Is implemented is written into the smart contract

Mr. Linrole-icon

01/10/2025 at 07:49:53 EST

Yes this is hardcoded, and as time goes by, the FP will only go up from there.

Evixrole-icon

01/10/2025 at 07:49:51 EST

Why did we pay $1 for a product worth 87c? What is the logical reason why, from the start, USD0++ isn't worth 87c?

ๅคง่กจๅงShevon๏ผˆ็ปๆœ›ไน‹่ฐท็ˆฌไธๅ‡บๆฅ๏ผ‰role-iconHow the official guaranteed 0.87 exchange rate, Is implemented is written into the smart contract

Noรฉrole-icon

01/10/2025 at 07:49:32 EST

Because we unlock it a 0.87 if it falls lower

famousfxckrole-icon

01/10/2025 at 07:49:26 EST

IMG_6276.jpg

145.19KB

Meysamrole-icon

01/10/2025 at 07:49:19 EST

what happened to the peg? Are we fu**ed?

Mr. Linrole-iconThis is all from experience, nothing guaranteed - I've used Pendle quite extensively, so here goes nothing: Say you bought PT-USD0++ (JAN) yesterday, which the PT implied yield is around 22%, then on with $10k USD0++ you would receive 10120 USD0++ by maturity. The early redemption would be online by then, and the cost of which is determined periodically. The details will be ironed out by earliest next Monday. However, I suspect that the 120USD0++ you've earned is unlikely to cover the entire exit of your $10120 usd0++ principal. There's couple ways to go from here. 1) Observe the early redemption cost - If say, it requires 2.5% of your principal amount (in form of $USUAL), then it would still make sense to do another round of PT, and the Fixed APY is likely higher than before because there is more incentive for people to buy YT-USD0++ ($USUAL now receives more revenue and value). Or even YT if it is mispriced, as users might not understand that $USUAL is now more valuable than before. or, 2) Hold your USD0++ some period of time (would be under 180 days because you have already received that extra $120USD0++). With the accrued $USUAL reward and your $120 usd0++, you should be able to exit without hurting your principal amount.

xun2xrole-icon

01/10/2025 at 07:49:14 EST

What is the solution ? I have Pendle PT for 10k also. Just exit when maturity and hold usd0++ until 1:1 happen ? Tq

ๅคง่กจๅงShevon๏ผˆ็ปๆœ›ไน‹่ฐท็ˆฌไธๅ‡บๆฅ๏ผ‰role-icon

01/10/2025 at 07:49:12 EST

How the official guaranteed 0.87 exchange rate, Is implemented is written into the smart contract

23123role-iconIf I buy UsualX from Web3 in OKX to my wallet, can I get the same rewards as staking?

SolutionsB0.16role-icon

01/10/2025 at 07:48:46 EST

yes mate

23123role-iconIf I buy UsualX from Web3 in OKX to my wallet, can I get the same rewards as staking?

Mr. Linrole-icon

01/10/2025 at 07:48:18 EST

yes, so long as you hold USUALx, you'll receive autocompounding rewards

BRNDNrole-icon

01/10/2025 at 07:48:00 EST

65c is a stupid stealโ€ฆ wont last long

tony_defirole-icon

01/10/2025 at 07:47:40 EST

Buying more usual at this dip

alinonorole-iconSo it would mean I just lost 6 months of interests by buying usd0+ yesterday probably ? And if i decide to go with the 4 years redemption period, I will get both the 1usd redeem (no penalty) and Also I will get 4 years of treasury interests ?

Mr. Linrole-icon

01/10/2025 at 07:47:19 EST

Unfortunately for those who recently bought USD0++, they would lose value on this - however, I would like to reiterate again if I may, the rewards you earned (i.e. $USUAL) can be staked to USUALx and is currently earning 213% APY. Plus you receive, on a month to month basis, revenue shares from revenue switch, in the form of USD0.

23123role-icon

01/10/2025 at 07:47:10 EST

If I buy UsualX from Web3 in OKX to my wallet, can I get the same rewards as staking?

Benoitrole-icon

01/10/2025 at 07:47:07 EST

Is the code available for review somewhere for the conditional exit ?

escorole-iconAh I see! Overall the design is good but the sudden floor price switch is what's leading to chaos. I was wondering why so many people complaining like they can just exit their TVL before next week.

deannguy3nrole-icon

01/10/2025 at 07:46:57 EST

Because they want to :)))

็ˆฑๅญrole-iconJust answer me a question: Do I need 180 days of Usual token rewards to early redeem my USD0++ at a 1:1 ratio?@Noรฉ

Noรฉrole-icon

01/10/2025 at 07:46:31 EST

If you have to pay the maximum fee, yes

็ˆฑๅญrole-iconJust answer me a question: Do I need 180 days of Usual token rewards to early redeem my USD0++ at a 1:1 ratio?@Noรฉ

Hi usualrole-icon

01/10/2025 at 07:46:20 EST

Yes

็ˆฑๅญrole-icon

01/10/2025 at 07:46:08 EST

Just answer me a question: Do I need 180 days of Usual token rewards to early redeem my USD0++ at a 1:1 ratio?@Noรฉ

Evixrole-iconWhy did we pay $1 for a product worth 87c? What is the logical reason why, from the start, USD0++ isn't worth 87c?

Nezrole-icon

01/10/2025 at 07:45:55 EST

This was the only correct way to do this, 0.87$ day 1. No matter what team says. Would have no FUD, no TVL drain, no 50M+ losses on DeFi users (even if temporary) and no tainted image. Now the reality is: They sold zero-coupon bond for 1.00$. Sure you still get 1$ at the end, BUT WITH ZERO YIELD. Case closed.

Vincentporotrole-iconIssuance of new USDO++ will be at 1:1 ratio or at 0.87$? @Noรฉ

Noรฉrole-icon

01/10/2025 at 07:45:46 EST

Issuance of new USD0++ only occurs when we repeg. Until that occurs, everything is routed through secondary market for lower price.

Mr. Linrole-iconThis is all from experience, nothing guaranteed - I've used Pendle quite extensively, so here goes nothing: Say you bought PT-USD0++ (JAN) yesterday, which the PT implied yield is around 22%, then on with $10k USD0++ you would receive 10120 USD0++ by maturity. The early redemption would be online by then, and the cost of which is determined periodically. The details will be ironed out by earliest next Monday. However, I suspect that the 120USD0++ you've earned is unlikely to cover the entire exit of your $10120 usd0++ principal. There's couple ways to go from here. 1) Observe the early redemption cost - If say, it requires 2.5% of your principal amount (in form of $USUAL), then it would still make sense to do another round of PT, and the Fixed APY is likely higher than before because there is more incentive for people to buy YT-USD0++ ($USUAL now receives more revenue and value). Or even YT if it is mispriced, as users might not understand that $USUAL is now more valuable than before. or, 2) Hold your USD0++ some period of time (would be under 180 days because you have already received that extra $120USD0++). With the accrued $USUAL reward and your $120 usd0++, you should be able to exit without hurting your principal amount.

alinonorole-icon

01/10/2025 at 07:45:29 EST

So it would mean I just lost 6 months of interests by buying usd0+ yesterday probably ? And if i decide to go with the 4 years redemption period, I will get both the 1usd redeem (no penalty) and Also I will get 4 years of treasury interests ?

Noรฉrole-icon

01/10/2025 at 07:45:22 EST

:big_think: but sir, you still do get 1$ at the end.

Slyzerole-iconยซ Depending on the weekly outflow of TVL compared to the target allowed net outflow ยป There is no number here, can you explain the math here and wich numbers is taken? For example wdym by ยซ target allowed net outflow ยป? Anyway make no sense to launch this new ratio before the early redemption feature

Phoenixrole-icon

01/10/2025 at 07:45:19 EST

an answer here team

6six69nine9role-icon

01/10/2025 at 07:45:13 EST

This is bad

JEZrole-iconWe are in case 2, meaning we gave an extra 13 cent to the team, you sold the face value of the bond which I am almost sure is not legal. Maybe the AMF should take a look at it

BingChillingrole-icon

01/10/2025 at 07:44:47 EST

u get your 13cent back if you stake usualx when fee switch happened.

JEZrole-iconWe are in case 2, meaning we gave an extra 13 cent to the team, you sold the face value of the bond which I am almost sure is not legal. Maybe the AMF should take a look at it

Noรฉrole-icon

01/10/2025 at 07:44:14 EST

"to the team" -> 100% is redistributed to stakers sir

Derealrole-icon

01/10/2025 at 07:44:05 EST

Is x space still a thing now. I think the team need it badly, it's chaotic.

JEZrole-icon

01/10/2025 at 07:43:49 EST

We are in case 2, meaning we gave an extra 13 cent to the team, you sold the face value of the bond which I am almost sure is not legal. Maybe the AMF should take a look at it

versawon't you guys make any post on X to explain what's happening? fud is huge right now...

Mr. Linrole-icon

01/10/2025 at 07:43:46 EST

It will only fuel the FUD, we are waiting for the team to release more information on the details of early redemption.

versa

01/10/2025 at 07:43:10 EST

won't you guys make any post on X to explain what's happening? fud is huge right now...

FlyingArrowzrole-iconOk @Mr. Lin to understand, basically PT USD0++ do not need to worry about the 1:1 redemption and have USUAL tokens to burn, because we sacrifice USUAL yield for more USD0++? Just wait for price to get back higher then exit 1:1. So technically the alpha play now is to buy more PT. Haha. And @Noรฉ i understand you're flooded with questions but good to hear stuff about Pendle PT

Mr. Linrole-icon

01/10/2025 at 07:42:58 EST

No ser - because you gave up the $USUAL rewards to YT holders, not to us...

alinonorole-iconIm talking once you exit pendle and redeem your pt Usd0++ to usd0++ in 20 days Then what to do with these usd0++, do you have to actually either lose by selling in market either forfeit future interests ? Or do you lock your usd0++ for 6 month and will still get interests on it ? For someone who just bought usd0++ and entered PT yesterday for example What is the solution to exist without losing at least the risk free interest rate ? 6 months ? Or 4 years lock ? I dont understand

Mr. Linrole-icon

01/10/2025 at 07:42:08 EST

This is all from experience, nothing guaranteed - I've used Pendle quite extensively, so here goes nothing: Say you bought PT-USD0++ (JAN) yesterday, which the PT implied yield is around 22%, then on with $10k USD0++ you would receive 10120 USD0++ by maturity. The early redemption would be online by then, and the cost of which is determined periodically. The details will be ironed out by earliest next Monday. However, I suspect that the 120USD0++ you've earned is unlikely to cover the entire exit of your $10120 usd0++ principal. There's couple ways to go from here. 1) Observe the early redemption cost - If say, it requires 2.5% of your principal amount (in form of $USUAL), then it would still make sense to do another round of PT, and the Fixed APY is likely higher than before because there is more incentive for people to buy YT-USD0++ ($USUAL now receives more revenue and value). Or even YT if it is mispriced, as users might not understand that $USUAL is now more valuable than before. or, 2) Hold your USD0++ some period of time (would be under 180 days because you have already received that extra $120USD0++). With the accrued $USUAL reward and your $120 usd0++, you should be able to exit without hurting your principal amount.

FlyingArrowzrole-iconOk @Mr. Lin to understand, basically PT USD0++ do not need to worry about the 1:1 redemption and have USUAL tokens to burn, because we sacrifice USUAL yield for more USD0++? Just wait for price to get back higher then exit 1:1. So technically the alpha play now is to buy more PT. Haha. And @Noรฉ i understand you're flooded with questions but good to hear stuff about Pendle PT

xun2xrole-icon

01/10/2025 at 07:41:52 EST

So It's time to buy usd0++ at discount 13% ?

Evixrole-icon

01/10/2025 at 07:41:49 EST

Why did we pay $1 for a product worth 87c? What is the logical reason why, from the start, USD0++ isn't worth 87c?

FlyingArrowzrole-icon

01/10/2025 at 07:40:58 EST

Ok @Mr. Lin to understand, basically PT USD0++ do not need to worry about the 1:1 redemption and have USUAL tokens to burn, because we sacrifice USUAL yield for more USD0++? Just wait for price to get back higher then exit 1:1. So technically the alpha play now is to buy more PT. Haha. And @Noรฉ i understand you're flooded with questions but good to hear stuff about Pendle PT

07:40:58

Ok @Mr. Lin to understand, basically PT USD0++ do not need to worry about the 1:1 redemption and have USUAL tokens to burn, because we sacrifice USUAL yield for more USD0++? Just wait for price to get back higher then exit 1:1. So technically the alpha play now is to buy more PT. Haha. And @Noรฉ i understand you're flooded with questions but good to hear stuff about Pendle PT

ravishedrole-iconIf everyone would read a bit you would learn something, you earn USUAL tokens from your USD0++ which are backed by locked revenues in which you earn close to 60% APY in USD0 AND another 214% APY in additional usual when staked. This is so bullish, take action, buy and stake usual, thank me later.

Nezrole-icon

01/10/2025 at 07:40:41 EST

You mean buy USD0++ at 0.90$ earn USUAL and stake it. USUAL is very volatile, buying it is not for everyone

deannguy3nrole-iconI knew from day 1 when entering, which is after Binance pool launch, usd0++ will be locked and there will be penalties for early unstack. I did not read the entire document, I just ask here and people told me straight that. The 1:1 was meant temporary if people change their mind. How come this is a surprise? And this is creating balance people who stack USUALx since USD0++ stacker keep dumping USUAL rewards without any consequences?

Usualrole-icon

01/10/2025 at 07:40:12 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Asshadrole-icon@korazib the main issue is lack of transparency. and the "team" looping in circles

deannguy3nrole-icon

01/10/2025 at 07:40:12 EST

I knew from day 1 when entering, which is after Binance pool launch, usd0++ will be locked and there will be penalties for early unstack. I did not read the entire document, I just ask here and people told me straight that. The 1:1 was meant temporary if people change their mind. How come this is a surprise? And this is creating balance people who stack USUALx since USD0++ stacker keep dumping USUAL rewards without any consequences?

Vincentporotrole-iconIssuance of new USDO++ will be at 1:1 ratio or at 0.87$? @Noรฉ

Vincentporotrole-icon

01/10/2025 at 07:39:51 EST

@Noรฉ

alinonorole-icon

01/10/2025 at 07:39:38 EST

Usd0+ is paying interests right ? Its not zero coupon ? If I decide to redeem it I get 1 usd + interests for the lock period ? Not just 1 usd ?

Noรฉrole-iconStarting USD0++ at 0.87 instead of 1 ensures the protocol captures revenue (13 cents over 4 years) that backs $USUAL, giving it real value rather than leaving it as an โ€œemptyโ€ token. When USD0++ grows to 1, users still receive their full amount upon exiting, but the interim value accrual is redirected to strengthen $USUAL, which is backed by a 250M+ treasury. This aligns incentives, supports long-term growth, and ensures both USD0++ and $USUAL contribute meaningfully to the ecosystem.

ravishedrole-icon

01/10/2025 at 07:39:29 EST

If everyone would read a bit you would learn something, you earn USUAL tokens from your USD0++ which are backed by locked revenues in which you earn close to 60% APY in USD0 AND another 214% APY in additional usual when staked. This is so bullish, take action, buy and stake usual, thank me later.

Nezrole-iconIf its 180 days of USUAL yield, then it will be more 20%+ penalty? Considering USUAL yield has been 30%+ constantly. I know it can adjust to less days, but I don't see how it will be better than current market rate of 0.91$. In short, looking at TVL around ~50M $ has been lost by early buyers of USD0++. All because you wanted to allow 1:1 redeem for some weeks after TGE. Shooting yourself in the foot imo Even I am bond knowledgable, still fell for it. I never thought this is zero-coupon bond, but rather 1.0$ bond with 4%+ bond yield paid in USUAL.

famousfxckrole-icon

01/10/2025 at 07:39:06 EST

Dude, you get APY: - from USD0++ in $USUAL - from USUALx in more $USUAL - from USUALx rev share in $USD0 In all honesty, you could withdraw in max 3 months with absolutely zero loss and probably even profit.

oldjonexxrole-iconI request that you quickly deploy new liquidity on Morpho, as the current borrowing costs are so high that they are simply unbearable.@Noรฉ

Noรฉrole-icon

01/10/2025 at 07:38:24 EST

New market will be deployed today

famousfxckrole-iconYep, everything is being done and calculated so this project can last 4 years or more. PYUSD, FDUSD, Ethena have very low chances of surviving 4 years in crypto. But USD0 is backed 1:1 by T-bills. We have way higher odds than anyone else in DeFi. Usual is a slow cook. Donโ€™t listen to Twitter or Discord. Most crypto holders buy 1 time and enjoy their life. And look at their crypto portfolio once a month. I know friends irl who make more profit than people trading 24/7.

tommyshelbersrole-icon

01/10/2025 at 07:37:59 EST

i disagree with ethena fud though, they are backed by funds that have zero duration risk and redeemable anytime. If ever their funding turn sour they can dynamically afjust the interest rate yield, so its robust atm

oldjonexxrole-icon

01/10/2025 at 07:37:55 EST

I request that you quickly deploy new liquidity on Morpho, as the current borrowing costs are so high that they are simply unbearable.@Noรฉ

escorole-iconAh I see! Overall the design is good but the sudden floor price switch is what's leading to chaos. I was wondering why so many people complaining like they can just exit their TVL before next week.

Aldezorole-icon

01/10/2025 at 07:37:34 EST

their usd0++ that they paid 1$ for is now worth 92cts. Every staker lost 8% in a day

escorole-iconAh I see! Overall the design is good but the sudden floor price switch is what's leading to chaos. I was wondering why so many people complaining like they can just exit their TVL before next week.

BingChillingrole-icon

01/10/2025 at 07:37:21 EST

it bound to happened people just ape without know what bond is doesnt matter when you start

0x_materole-icon

01/10/2025 at 07:37:13 EST

https://x.com/Cbb0fe/status/1877694028252397689 care to explain this guys?

The big winner of this whole USD0\+\+ depeg shitshow is actually @MEVCapital currently earning 10% performance on this vault while borrowers are completely trapped\. Guess whoโ€™s a LP at @MEVCapital? Noooโ€ฆ Not @AdliTB founder at @usualmoneyโ€ฆ Not youโ€ฆ @AdliTB please confirm in a

embed
footer-iconTwitter โ€ข 01/10/2025 07:28:36 EST
Noรฉrole-iconFloor started today: the Early Redemption mechanism starts early next week

escorole-icon

01/10/2025 at 07:36:28 EST

Ah I see! Overall the design is good but the sudden floor price switch is what's leading to chaos. I was wondering why so many people complaining like they can just exit their TVL before next week.

Benoitrole-icon

01/10/2025 at 07:36:27 EST

Is the code available for review somewhere for the conditional exit ?

MrAdelineso 100% of yield over the 4 years is distributed to USUAL stakers? I don't see this in the docs - if you don't mind linking to this section, would be great. Thanks!

Noรฉrole-icon

01/10/2025 at 07:36:25 EST

Yes, exactly. And because you get $USUAL while holding USD0++, you can earn that also, on top of everything. This is detailed here: https://usual.money/blog/revenue-switch-a-new-dawn-for-usualx-holders

Mr. Linrole-iconFrom the whitepaper, ser

Slyzerole-icon

01/10/2025 at 07:36:22 EST

ยซ Depending on the weekly outflow of TVL compared to the target allowed net outflow ยป There is no number here, can you explain the math here and wich numbers is taken? For example wdym by ยซ target allowed net outflow ยป? Anyway make no sense to launch this new ratio before the early redemption feature

JEZrole-icon@Noรฉ can you please answer? @โ˜ฌ still here from Paris ๐Ÿ™‚
Noรฉrole-iconIt's the second case sir. This revenue is redistributed to $USUAL stakers (team/investors don't get that revenue).

MrAdeline

01/10/2025 at 07:35:14 EST

so 100% of yield over the 4 years is distributed to USUAL stakers? I don't see this in the docs - if you don't mind linking to this section, would be great. Thanks!

JEZrole-iconSuch a joke. Not even worth to continue arguing here, they reinvented finance concept and believe we are all brainless dummies. Imagine someone lending 100 usd, expecting 116 in 4 years and it goes to 87 and itโ€™s normalโ€ฆ We actually paid 100 USD0 and they tell us they used them to buy t-bills 0 coupon bond of 4y. So either we can expect 116 USD0 in 4 years (in such a case, Iโ€™m fine with the depeg), CASE 1 or the team stole 13% of the USD0 and minted 100 USD0 worth of face value in 4 years. Then it is a rug and I donโ€™t even believe it is legal. CASE 2 @Noรฉ are we in case 1 or case 2 ?

JEZrole-icon

01/10/2025 at 07:35:12 EST

@Noรฉ can you please answer? @โ˜ฌ still here from Paris ๐Ÿ™‚

Pekarole-iconRead on Twitter thar I can redempt 1:1 next week. True?

Noรฉrole-icon

01/10/2025 at 07:35:08 EST

Check the pinned message

Pekarole-icon

01/10/2025 at 07:35:00 EST

Read on Twitter thar I can redempt 1:1 next week. True?

Nezrole-iconIf its 180 days of USUAL yield, then it will be more 20%+ penalty? Considering USUAL yield has been 30%+ constantly. I know it can adjust to less days, but I don't see how it will be better than current market rate of 0.91$. In short, looking at TVL around ~50M $ has been lost by early buyers of USD0++. All because you wanted to allow 1:1 redeem for some weeks after TGE. Shooting yourself in the foot imo Even I am bond knowledgable, still fell for it. I never thought this is zero-coupon bond, but rather 1.0$ bond with 4%+ bond yield paid in USUAL.

Noรฉrole-icon

01/10/2025 at 07:33:56 EST

Yes, and that's why you can arb with the Floor to never "overpay"

Noรฉrole-iconWell, it wasn't redeemable for 1:1 until a month ago, after TGE sir. Until then, it was absolutely fully locked. We only did 1:1 redeem post-TGE to ensure early participants could exit smoothly if they wanted to. Also, you're taking the lowest redeem value, which probably won't be the market one, since there's the Early Redemption which depends on outflows and time before maturity. Prolly be a function of all that.

Nezrole-icon

01/10/2025 at 07:33:13 EST

If its 180 days of USUAL yield, then it will be more 20%+ penalty? Considering USUAL yield has been 30%+ constantly. I know it can adjust to less days, but I don't see how it will be better than current market rate of 0.91$. In short, looking at TVL around ~50M $ has been lost by early buyers of USD0++. All because you wanted to allow 1:1 redeem for some weeks after TGE. Shooting yourself in the foot imo Even I am bond knowledgable, still fell for it. I never thought this is zero-coupon bond, but rather 1.0$ bond with 4%+ bond yield paid in USUAL.

escorole-icon@Noรฉ does the new $0.87 floor price start today? I thought the announcment was for something that will start next week, but the Dapp prices seem to suggest the new floor started today.

Noรฉrole-icon

01/10/2025 at 07:32:56 EST

Floor started today: the Early Redemption mechanism starts early next week

tommyshelbersrole-iconyou guys ape into the bond without a care in the world. This has to be done for the sustainability of usual tokens lol. if this wasnt done, usual would have trended to 0 from dumpers and u guys will hVr 0 percent apr from usual sooner or later

famousfxckrole-icon

01/10/2025 at 07:32:47 EST

Yep, everything is being done and calculated so this project can last 4 years or more. PYUSD, FDUSD, Ethena have very low chances of surviving 4 years in crypto. But USD0 is backed 1:1 by T-bills. We have way higher odds than anyone else in DeFi. Usual is a slow cook. Donโ€™t listen to Twitter or Discord. Most crypto holders buy 1 time and enjoy their life. And look at their crypto portfolio once a month. I know friends irl who make more profit than people trading 24/7.

tommyshelbersrole-iconyou guys ape into the bond without a care in the world. This has to be done for the sustainability of usual tokens lol. if this wasnt done, usual would have trended to 0 from dumpers and u guys will hVr 0 percent apr from usual sooner or later

RaArฮžs โš“

01/10/2025 at 07:32:22 EST

yep

Mr. Linrole-iconOn Pendle, PT users gives up their $USUAL interest generated by USD0++, in exchange for a fixed rate. Hence, you do not receive $USUAL interest in the meantime.

alinonorole-icon

01/10/2025 at 07:32:19 EST

Im talking once you exit pendle and redeem your pt Usd0++ to usd0++ in 20 days Then what to do with these usd0++, do you have to actually either lose by selling in market either forfeit future interests ? Or do you lock your usd0++ for 6 month and will still get interests on it ? For someone who just bought usd0++ and entered PT yesterday for example What is the solution to exist without losing at least the risk free interest rate ? 6 months ? Or 4 years lock ? I dont understand

โ˜ฌ

01/10/2025 at 07:31:58 EST

After muting and BAN everyone, have just Mr.Lin ( Filipino i think) and Mr. Noe' ( Maybe from Lyon) left in the chat...

Mr. Linrole-iconFrom the whitepaper, ser

Hi usualrole-icon

01/10/2025 at 07:31:43 EST

No you need to buy 180 days of usual reward to redeem 1;1

tommyshelbersrole-iconyou guys ape into the bond without a care in the world. This has to be done for the sustainability of usual tokens lol. if this wasnt done, usual would have trended to 0 from dumpers and u guys will hVr 0 percent apr from usual sooner or later

Asshadrole-icon

01/10/2025 at 07:31:26 EST

@korazib the main issue is lack of transparency. and the "team" looping in circles

escorole-icon

01/10/2025 at 07:31:18 EST

@Noรฉ does the new $0.87 floor price start today? I thought the announcment was for something that will start next week, but the Dapp prices seem to suggest the new floor started today.

็ˆฑๅญrole-icon

01/10/2025 at 07:31:08 EST

@Noรฉ Are you asking if I need 180 days worth of USUAL token rewards to early redeem my USD0++ at a 1:1 ratio?

Slyzerole-iconSo if someone bought USD0++ yesterday the early redemption fees going to be 0?

Mr. Linrole-icon

01/10/2025 at 07:30:52 EST

From the whitepaper, ser

image.png

52.74KB

tommyshelbersrole-icon

01/10/2025 at 07:30:30 EST

you guys ape into the bond without a care in the world. This has to be done for the sustainability of usual tokens lol. if this wasnt done, usual would have trended to 0 from dumpers and u guys will hVr 0 percent apr from usual sooner or later

CallmeBillrole-icon

01/10/2025 at 07:29:56 EST

Buy USD0++ at discount?

MrAdelineDepositor puts $1 into USD0++, expects to get back $1 + USUAL emissions four years later. So there are two possibilities of how that can happen: 1. Protocol subtracts 13 cents from that $1 and deposits the remaining 87 cents into repo markets. After four years protocol turns that 87 cents into $1 and has an extra 13 cents. OR 2. Protocol puts $1 into repo markets for 4 years, pockets the 15 cents generated, and returns $1 back to depositors Either way, my question is what is happening to that missing 13 cents in example 1 or extra 15 cents in example 2?

Noรฉrole-icon

01/10/2025 at 07:29:50 EST

It's the second case sir. This revenue is redistributed to $USUAL stakers (team/investors don't get that revenue).

Mr. Linrole-iconThe MAXIMUM amount of early redemption fee would be the $USUAL accrued over the past 180 days.

Slyzerole-icon

01/10/2025 at 07:29:49 EST

So if someone bought USD0++ yesterday the early redemption fees going to be 0?

andrewdubairole-icon

01/10/2025 at 07:29:23 EST

I think it's too late to get back the trust even if they put back the 1:1 redemption. this is bad in general for project with a TVL of 1.6B but for who is running the show in Europe. Putting a disclaimar or just a doc in a medium article is not enough.

FlyingArrowzrole-iconAin't gonna hold for 4 years bro. Haha Mr Lin I know you're pendle maxi have followed your posts, love it. Would exit at 1:1, just genuinely concerned about PT and appreciate @Noรฉ answering questions diligently.

Mr. Linrole-icon

01/10/2025 at 07:29:14 EST

Oh mb - i mean hold usd0++ PT to maturity

Nezrole-iconI understand, it all makes sense NOW. BUT as you said "Starting USD0++ at 0.87". You should have started at 0.87$ DAY 1 on launch not at random date. It should have never been 1.00$. You are basically admitting, system was broken before and now its fixed. Incurring huge losses for early buyers. As of yesterday, USD0++ WAS NOT Zero-Coupon Bond. It was 1.00$ bonds paying yield in USUAL for 4 years.

Noรฉrole-icon

01/10/2025 at 07:29:03 EST

Well, it wasn't redeemable for 1:1 until a month ago, after TGE sir. Until then, it was absolutely fully locked. We only did 1:1 redeem post-TGE to ensure early participants could exit smoothly if they wanted to. Also, you're taking the lowest redeem value, which probably won't be the market one, since there's the Early Redemption which depends on outflows and time before maturity. Prolly be a function of all that.

alinonorole-iconIf you decide to hold usd0+ until redemption, do you get paid interest or do you forfeit these for 6 months/ 4 years ?

Mr. Linrole-icon

01/10/2025 at 07:28:49 EST

On Pendle, PT users gives up their $USUAL interest generated by USD0++, in exchange for a fixed rate. Hence, you do not receive $USUAL interest in the meantime.

Mr. Linrole-iconAs a PT-USD0++ holder myself, my two cents is: To hold your PT-USD0++ until maturity. Because currently we are experiencing a lot of FUDs and panic selling, which will definitely cause our USD0++ price going down. However, as we've seen throughout the day, the lowest it went was, I believe, around 0.9, and then sharply raised to 0.92. As things play out and more details will be released on next Monday, I think the market will stablize and the USD0++ price may return to a higher level. As such, the amount of profit you earned from holding PT-usd0++ might cover the cost of early redemption, if you choose to exit immediately after that.

FlyingArrowzrole-icon

01/10/2025 at 07:28:44 EST

Ain't gonna hold for 4 years bro. Haha Mr Lin I know you're pendle maxi have followed your posts, love it. Would exit at 1:1, just genuinely concerned about PT and appreciate @Noรฉ answering questions diligently.

๐Ÿ‘

1

avatar-icon

Mr. Lin

hanasaver

๐Ÿ‘

Close
alinonorole-iconIf you decide to hold usd0+ until redemption, do you get paid interest or do you forfeit these for 6 months/ 4 years ?

BingChillingrole-icon

01/10/2025 at 07:28:25 EST

u get everything 6months fee only for early redemption you cannot hold until maturity

Vincentporotrole-icon

01/10/2025 at 07:28:18 EST

Issuance of new USDO++ will be at 1:1 ratio or at 0.87$? @Noรฉ

Noรฉrole-iconStarting USD0++ at 0.87 instead of 1 ensures the protocol captures revenue (13 cents over 4 years) that backs $USUAL, giving it real value rather than leaving it as an โ€œemptyโ€ token. When USD0++ grows to 1, users still receive their full amount upon exiting, but the interim value accrual is redirected to strengthen $USUAL, which is backed by a 250M+ treasury. This aligns incentives, supports long-term growth, and ensures both USD0++ and $USUAL contribute meaningfully to the ecosystem.

Nezrole-icon

01/10/2025 at 07:27:18 EST

I understand, it all makes sense NOW. BUT as you said "Starting USD0++ at 0.87". You should have started at 0.87$ DAY 1 on launch not at random date. It should have never been 1.00$. You are basically admitting, system was broken before and now its fixed. Incurring huge losses for early buyers. As of yesterday, USD0++ WAS NOT Zero-Coupon Bond. It was 1.00$ bonds paying yield in USUAL for 4 years.

MrAdelineDepositor puts $1 into USD0++, expects to get back $1 + USUAL emissions four years later. So there are two possibilities of how that can happen: 1. Protocol subtracts 13 cents from that $1 and deposits the remaining 87 cents into repo markets. After four years protocol turns that 87 cents into $1 and has an extra 13 cents. OR 2. Protocol puts $1 into repo markets for 4 years, pockets the 15 cents generated, and returns $1 back to depositors Either way, my question is what is happening to that missing 13 cents in example 1 or extra 15 cents in example 2?

Noรฉrole-icon

01/10/2025 at 07:27:12 EST

Getting back to you on that, want to make sure I have a comprehensive answer from quants

Mr. Linrole-iconAs a PT-USD0++ holder myself, my two cents is: To hold your PT-USD0++ until maturity. Because currently we are experiencing a lot of FUDs and panic selling, which will definitely cause our USD0++ price going down. However, as we've seen throughout the day, the lowest it went was, I believe, around 0.9, and then sharply raised to 0.92. As things play out and more details will be released on next Monday, I think the market will stablize and the USD0++ price may return to a higher level. As such, the amount of profit you earned from holding PT-usd0++ might cover the cost of early redemption, if you choose to exit immediately after that.

alinonorole-icon

01/10/2025 at 07:27:05 EST

If you decide to hold usd0+ until redemption, do you get paid interest or do you forfeit these for 6 months/ 4 years ?

JEZrole-icon

01/10/2025 at 07:26:48 EST

Such a joke. Not even worth to continue arguing here, they reinvented finance concept and believe we are all brainless dummies. Imagine someone lending 100 usd, expecting 116 in 4 years and it goes to 87 and itโ€™s normalโ€ฆ We actually paid 100 USD0 and they tell us they used them to buy t-bills 0 coupon bond of 4y. So either we can expect 116 USD0 in 4 years (in such a case, Iโ€™m fine with the depeg), CASE 1 or the team stole 13% of the USD0 and minted 100 USD0 worth of face value in 4 years. Then it is a rug and I donโ€™t even believe it is legal. CASE 2 @Noรฉ are we in case 1 or case 2 ?

MrAdelineDepositor puts $1 into USD0++, expects to get back $1 + USUAL emissions four years later. So there are two possibilities of how that can happen: 1. Protocol subtracts 13 cents from that $1 and deposits the remaining 87 cents into repo markets. After four years protocol turns that 87 cents into $1 and has an extra 13 cents. OR 2. Protocol puts $1 into repo markets for 4 years, pockets the 15 cents generated, and returns $1 back to depositors Either way, my question is what is happening to that missing 13 cents in example 1 or extra 15 cents in example 2?

famousfxckrole-icon

01/10/2025 at 07:26:00 EST

IMG_6302.jpg

32.3KB

jxoxoinrole-iconThen, is the 30% + reward shown on the site referring to USUAL? canโ€™t receive USUAL in the Bera vault, isn't it

Mr. Linrole-icon

01/10/2025 at 07:25:55 EST

You will receive the rewards once the beravault program ends ser!

0xMadoffrole-iconWhat does it means exactly ? 1. Today I exchange 100,000 USD0 against 110,000 USD0++ ( +10% ) because of the depeg 2. Next week, what will I have in exchange of my 110,000 USD0++ ? 110,000 USD0 or 110,000 worth of USUAL or something else ?

xun2xrole-icon

01/10/2025 at 07:25:51 EST

Can you explain about the pinned. I dont get it.

Noรฉrole-iconNo, we do it the other way around, with a lower starting value (Floor Price or market rate).

MrAdeline

01/10/2025 at 07:25:37 EST

Depositor puts $1 into USD0++, expects to get back $1 + USUAL emissions four years later. So there are two possibilities of how that can happen: 1. Protocol subtracts 13 cents from that $1 and deposits the remaining 87 cents into repo markets. After four years protocol turns that 87 cents into $1 and has an extra 13 cents. OR 2. Protocol puts $1 into repo markets for 4 years, pockets the 15 cents generated, and returns $1 back to depositors Either way, my question is what is happening to that missing 13 cents in example 1 or extra 15 cents in example 2?

FlyingArrowzrole-iconHey @Noรฉ, understand there's a lot of questions, but really would like clarity with Pendle PT Holders who had no USUAL rewards beforehand. How would the 1:1 redemption work then? Asking this for the third time, hope it doesn't get flooded out.

Mr. Linrole-icon

01/10/2025 at 07:25:05 EST

As a PT-USD0++ holder myself, my two cents is: To hold your PT-USD0++ until maturity. Because currently we are experiencing a lot of FUDs and panic selling, which will definitely cause our USD0++ price going down. However, as we've seen throughout the day, the lowest it went was, I believe, around 0.9, and then sharply raised to 0.92. As things play out and more details will be released on next Monday, I think the market will stablize and the USD0++ price may return to a higher level. As such, the amount of profit you earned from holding PT-usd0++ might cover the cost of early redemption, if you choose to exit immediately after that.

Nezrole-iconUSUAL is a token not a hard money that bonds should pay. Also, so after today it won't pay USUAL yield anymore? If it pays then it means it was not dividend yield in the first palce.

fab1440role-icon

01/10/2025 at 07:24:10 EST

hard money paid to usual stakers we USDo++ got usual instead

Nezrole-iconUSUAL is a token not a hard money that bonds should pay. Also, so after today it won't pay USUAL yield anymore? If it pays then it means it was not dividend yield in the first palce.

Noรฉrole-icon

01/10/2025 at 07:24:08 EST

Starting USD0++ at 0.87 instead of 1 ensures the protocol captures revenue (13 cents over 4 years) that backs $USUAL, giving it real value rather than leaving it as an โ€œemptyโ€ token. When USD0++ grows to 1, users still receive their full amount upon exiting, but the interim value accrual is redirected to strengthen $USUAL, which is backed by a 250M+ treasury. This aligns incentives, supports long-term growth, and ensures both USD0++ and $USUAL contribute meaningfully to the ecosystem.

07:23:45

Again, I'm replying to everyone, but if you just throw accusations around you'll unfortunately get muted

Mr. Linrole-iconThe MAXIMUM amount of early redemption fee would be the $USUAL accrued over the past 180 days.

jxoxoinrole-icon

01/10/2025 at 07:23:37 EST

Then, is the 30% + reward shown on the site referring to USUAL? canโ€™t receive USUAL in the Bera vault, isn't it

Nezrole-iconUSUAL is a token not a hard money that bonds should pay. Also, so after today it won't pay USUAL yield anymore? If it pays then it means it was not dividend yield in the first palce.

Noรฉrole-icon

01/10/2025 at 07:22:27 EST

It will, on top of the Floor accruing.

BingChillingrole-iconu get usual yield ?

Nezrole-icon

01/10/2025 at 07:21:51 EST

USUAL is a token not a hard money that bonds should pay. Also, so after today it won't pay USUAL yield anymore? If it pays then it means it was not dividend yield in the first palce.

FlyingArrowzrole-iconHey @Noรฉ, understand there's a lot of questions, but really would like clarity with Pendle PT Holders who had no USUAL rewards beforehand. How would the 1:1 redemption work then? Asking this for the third time, hope it doesn't get flooded out.

lambo

01/10/2025 at 07:21:45 EST

@Noรฉ i have the same question

FlyingArrowzrole-iconHey @Noรฉ, understand there's a lot of questions, but really would like clarity with Pendle PT Holders who had no USUAL rewards beforehand. How would the 1:1 redemption work then? Asking this for the third time, hope it doesn't get flooded out.

alinonorole-icon

01/10/2025 at 07:21:40 EST

Im asking the same

Mr. Linrole-icon

01/10/2025 at 07:21:25 EST

If anything, on our website and whitepaper, we have explicitly said that USD0++ is not a stablecoin, hence it will not be "pegged". The early redemption feature was also stated as a feature which will be released on Q1 2025.

telegram-cloud-photo-size-4-5767372017845257814-y.jpg

55.89KB

0xMadoffrole-iconWhat does it means exactly ? 1. Today I exchange 100,000 USD0 against 110,000 USD0++ ( +10% ) because of the depeg 2. Next week, what will I have in exchange of my 110,000 USD0++ ? 110,000 USD0 or 110,000 worth of USUAL or something else ?

Noรฉrole-icon

01/10/2025 at 07:21:22 EST

did you check the pinned message btw?

Noรฉrole-iconUSD0++

justMikarole-icon

01/10/2025 at 07:21:15 EST

Could you answer my question? My usd0 funds locked on contract. So why you gonna back usd0++? There is no sense locking funds for 3 month for 8% reward if I lose 13% immediately

FlyingArrowzrole-icon

01/10/2025 at 07:20:26 EST

Hey @Noรฉ, understand there's a lot of questions, but really would like clarity with Pendle PT Holders who had no USUAL rewards beforehand. How would the 1:1 redemption work then? Asking this for the third time, hope it doesn't get flooded out.

Mr. Linrole-icon

01/10/2025 at 07:20:11 EST

But that doesn't mean it's "pegged" or "hardcoded" to 1:1

07:19:49

Since the end of pills program announced on Nov 27, those who held USD0++ were able to directly earn $USUAL, exit to USD0 on a 1:1 basis. This is True

Noรฉrole-icon

01/10/2025 at 07:19:05 EST

They do not. See previous explanation.

Noรฉrole-iconYes, but this 1:1 is in exchange of $USUAL tokens/rewards.

0xMadoffrole-icon

01/10/2025 at 07:19:02 EST

What does it means exactly ? 1. Today I exchange 100,000 USD0 against 110,000 USD0++ ( +10% ) because of the depeg 2. Next week, what will I have in exchange of my 110,000 USD0++ ? 110,000 USD0 or 110,000 worth of USUAL or something else ?

andrewdubairole-icon

01/10/2025 at 07:18:45 EST

Screenshot_2025-01-10_alle_13.18.41.png

52.88KB

Nezrole-iconTeam does not know how bonds work. Someone who traded them for years, its simple: Bond paying 4% p.a. for 4 years COUPON RATE (aka dividend usually paid weekly to your account), its worth 1.00$ Bond paying 4% p.a. for 4 years YIELD with no dividend, its worth 0.87$. Before today, it had NO COUPON RATE and NO YIELD. Yet was hardcoded 1:1.

Gabeerole-icon

01/10/2025 at 07:18:37 EST

I guess you found the only weakness that would kill the project.. Congratulations.. I'll be buying UST and Luna from now on

jxoxoinrole-iconSo, if I put all my USD0++ into the bera vault now and forfeit the accrued rewards, I can get it back at a 1:1 ratio in six months, correct? answer me

Mr. Linrole-icon

01/10/2025 at 07:18:20 EST

The MAXIMUM amount of early redemption fee would be the $USUAL accrued over the past 180 days.

BroKwonrole-icon

01/10/2025 at 07:18:12 EST

Then why did you sell it at 1$

07:18:12

Then why did you sell it at 1$

MrAdelineif that is true, then USD0++ should be worth $1.15 after four years.

Noรฉrole-icon

01/10/2025 at 07:17:44 EST

No, we do it the other way around, with a lower starting value (Floor Price or market rate).

Nezrole-iconTeam does not know how bonds work. Someone who traded them for years, its simple: Bond paying 4% p.a. for 4 years COUPON RATE (aka dividend usually paid weekly to your account), its worth 1.00$ Bond paying 4% p.a. for 4 years YIELD with no dividend, its worth 0.87$. Before today, it had NO COUPON RATE and NO YIELD. Yet was hardcoded 1:1.

BingChillingrole-icon

01/10/2025 at 07:17:24 EST

u get usual yield ?

6six69nine9role-icon

01/10/2025 at 07:17:08 EST

Agree with Aiva

LMEOWrole-icon

01/10/2025 at 07:16:41 EST

How does one get $USUAL* tokens?

JEZrole-iconThe market value of the backing asset is 87, so why did we buy at 100? And why donโ€™t you buy 100 worth of t-bill instead of 87. Iโ€™ve never seen this anywhere. Thatโ€™s profit taking on community. Ondo did tokenize t-bills and we bought at fair valueโ€ฆ which is fair. And fyi, a 0 coupon t-bill is worth itโ€™s fair value provided that the interest rate does not change at the central bank level. You are creating a fake narrative just to take 13/100 from the people who believed in the project. Never again

Nezrole-icon

01/10/2025 at 07:16:33 EST

Team does not know how bonds work. Someone who traded them for years, its simple: Bond paying 4% p.a. for 4 years COUPON RATE (aka dividend usually paid weekly to your account), its worth 1.00$ Bond paying 4% p.a. for 4 years YIELD with no dividend, its worth 0.87$. Before today, it had NO COUPON RATE and NO YIELD. Yet was hardcoded 1:1.

Noรฉrole-iconThat's not correct actually: you mint USD0 at 1:1 with USD and our collateral. Then, you swap this USD0 into USD0++ at the market rate. But the underlying is still one USD0, 1:1 collateralized. USD0++ is just a staked/locked version of it.

MrAdeline

01/10/2025 at 07:15:59 EST

if that is true, then USD0++ should be worth $1.15 after four years.

Mateus Ballrole-iconAre there any plans to partner with exchanges so that they accept this stablecoin as a deposit? The same hyper, otherwise there will be nothing here except for the team's opaque actions and the outflow of funds?

Aerovallrole-icon

01/10/2025 at 07:15:45 EST

doubt it would have in near future tho, you can tell it with this aggressive setup they have took.

jxoxoinrole-icon

01/10/2025 at 07:15:21 EST

So, if I put all my USD0++ into the bera vault now and forfeit the accrued rewards, I can get it back at a 1:1 ratio in six months, correct? answer me

Infiniterole-iconI white paper " No Risk to Principal: USD0++ is a bond containing locked USD0. There is no risk taken by the protocol with the locked USD0, as they remain simply immobilized. No Volatility from Interest Rate Risk: USD0++ guarantees a yield linked to the interest rate of the underlying RWA in the form of USD0 through the Base Interest Guarantee (BIG). Since the collateral consists of overnight repos with very short maturities, the value of USD0++ is not affected by the volatility of interest rates, whether they rise or fall."

Noรฉrole-icon

01/10/2025 at 07:15:07 EST

BIG isn't a live feature

0xMadoffrole-icon@Noรฉ If I understand correctly, next week, we will be able to exchange our USD0++ to USD0 at 1:1 right ? So, if we bought now, $100,000 of USD0, next week we will be able to withdraw 110,000 USD0 ? ( +10% around ) ?

Noรฉrole-icon

01/10/2025 at 07:14:53 EST

Yes, but this 1:1 is in exchange of $USUAL tokens/rewards.

Infiniterole-icon

01/10/2025 at 07:14:45 EST

I white paper " No Risk to Principal: USD0++ is a bond containing locked USD0. There is no risk taken by the protocol with the locked USD0, as they remain simply immobilized. No Volatility from Interest Rate Risk: USD0++ guarantees a yield linked to the interest rate of the underlying RWA in the form of USD0 through the Base Interest Guarantee (BIG). Since the collateral consists of overnight repos with very short maturities, the value of USD0++ is not affected by the volatility of interest rates, whether they rise or fall."

FlyingArrowzrole-icon

01/10/2025 at 07:14:42 EST

@Noรฉ genuinely curious. If PT Holders at maturity want to redeem 1:1, then they would have to purchase USUAL as well to burn? I'm reading the blog documents and it seems that the forfeiture of future rewards would be the way to go. Correct me if im wrong. Thanks for answering questions.

0xMadoffrole-icon@Noรฉ If I understand correctly, next week, we will be able to exchange our USD0++ to USD0 at 1:1 right ? So, if we bought now, $100,000 of USD0, next week we will be able to withdraw 110,000 USD0 ? ( +10% around ) ?

xun2xrole-icon

01/10/2025 at 07:14:27 EST

Ni e

Mateus Ballrole-icon

01/10/2025 at 07:14:06 EST

Are there any plans to partner with exchanges so that they accept this stablecoin as a deposit? The same hyper, otherwise there will be nothing here except for the team's opaque actions and the outflow of funds?

Noรฉrole-icon

01/10/2025 at 07:13:59 EST

That's not correct actually: you mint USD0 at 1:1 with USD and our collateral. Then, you swap this USD0 into USD0++ at the market rate. But the underlying is still one USD0, 1:1 collateralized. USD0++ is just a staked/locked version of it.

0xMadoffrole-icon

01/10/2025 at 07:13:54 EST

@Noรฉ If I understand correctly, next week, we will be able to exchange our USD0++ to USD0 at 1:1 right ? So, if we bought now, $100,000 of USD0, next week we will be able to withdraw 110,000 USD0 ? ( +10% around ) ?

Asshadrole-icon

01/10/2025 at 07:13:32 EST

what happened to the missing 13% that was devalued from the peg?

Flash Boyrole-icon

01/10/2025 at 07:12:41 EST

Bravo. Great questions.

Noรฉrole-icon

01/10/2025 at 07:12:40 EST

@nein

0xrole-iconThis makes it better, thanks. But there's still a core issue. Who knew the timing of these changes? Someone knew, because someone pressed the button. That person could easily leak to friends and others. Whether that happened or not is irrelevant here, because no party can prove if it happened or not. For things like this, parameters can be set up to ensure a level playing field, that wasn't done here unfortunately. The other core issue is pricing USD0++ at exactly one dollar, when the true value wasn't onde dollar. If it was symbolically priced at 99 cents or any other price (which logically would be just as valid) things would look mighty different. So this second core issue is a bunch of people who didn't get it (their fault) but who also fell for things that seem set up deceptively in a deliberate way (if price is arbitrary, why choose 1 dollar?)

Noรฉrole-icon

01/10/2025 at 07:12:27 EST

> Who knew the timing of these changes? Management (multisig signers), on a Google Meet. There was absolutely no leak or advantage taken out of it, we actually even fully rebalanced the Curve pool before implementing the mechanisms.

Noรฉrole-iconearly next week

goodboy | best good boyrole-icon

01/10/2025 at 07:12:23 EST

I think the usuall burn rate will be like 10% more or less, market might already price in this in USD0++

Noรฉrole-iconGm sir, it wasn't my image, it was @kiratsunami's, maybe a cmd+f with image attachment filter could help quickly

kiratsunamirole-icon

01/10/2025 at 07:11:57 EST

image.png

120.08KB

โค๏ธ

4

avatar-icon

JohnJL2018

johnjl18

avatar-icon

KingArthur

kingarthur0017

avatar-icon

Noรฉ

0xnoe

avatar-icon

nein

nein_flips

โค๏ธ

Close
neinrole-iconyo noe can you resend me the chart showing with different rates in how much time USD0++ will reach 1$ i can't find it thx

Noรฉrole-icon

01/10/2025 at 07:10:16 EST

Gm sir, it wasn't my image, it was @kiratsunami's, maybe a cmd+f with image attachment filter could help quickly

Usualrole-icon

01/10/2025 at 07:09:48 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Braverole-icon

01/10/2025 at 07:09:38 EST

what happens now here, all the fud, is this taken into account before u decide to change the redeem rule? @Noรฉ

Noรฉrole-iconOf course they knew, since it was outlined in the whitepaper since the beginning. They didn't knew the exact date tho. Only info was Q1, just like for any user. You don't need the exact implementation date to vote on the feature. Even the Team was in the dark: only management knew about it before the announcement.

0xrole-icon

01/10/2025 at 07:09:35 EST

This makes it better, thanks. But there's still a core issue. Who knew the timing of these changes? Someone knew, because someone pressed the button. That person could easily leak to friends and others. Whether that happened or not is irrelevant here, because no party can prove if it happened or not. For things like this, parameters can be set up to ensure a level playing field, that wasn't done here unfortunately. The other core issue is pricing USD0++ at exactly one dollar, when the true value wasn't onde dollar. If it was symbolically priced at 99 cents or any other price (which logically would be just as valid) things would look mighty different. So this second core issue is a bunch of people who didn't get it (their fault) but who also fell for things that seem set up deceptively in a deliberate way (if price is arbitrary, why choose 1 dollar?)

FlyingArrowzrole-icon

01/10/2025 at 07:09:26 EST

Hmm, what if we got into Jan 30 2025 PT though? Without any prior staking, but swaps from usdc straight to PT. How would the redemption be affected? @Noรฉ

neinrole-icon

01/10/2025 at 07:09:21 EST

yo noe can you resend me the chart showing with different rates in how much time USD0++ will reach 1$ i can't find it thx

JEZrole-iconThe market value of the backing asset is 87, so why did we buy at 100? And why donโ€™t you buy 100 worth of t-bill instead of 87. Iโ€™ve never seen this anywhere. Thatโ€™s profit taking on community. Ondo did tokenize t-bills and we bought at fair valueโ€ฆ which is fair. And fyi, a 0 coupon t-bill is worth itโ€™s fair value provided that the interest rate does not change at the central bank level. You are creating a fake narrative just to take 13/100 from the people who believed in the project. Never again

Noรฉrole-icon

01/10/2025 at 07:09:20 EST

If you're interested in checking why this Floor was decided, we wrote a tech paper at the end of this doc page:

Noรฉrole-iconTeam has no USUALx

Virtusrole-icon

01/10/2025 at 07:08:59 EST

Almost scarry

Noรฉrole-icon

01/10/2025 at 07:08:09 EST

Team has no USUALx

07:08:04

Redeems fuel USUALx

Noรฉrole-icon

01/10/2025 at 07:07:43 EST

How does that management pocket the .13 discount at Floor Price if when redeems happen it goes to the Treasury which is a direct rev-share to USUALx.

Noรฉrole-iconZero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

JEZrole-icon

01/10/2025 at 07:07:33 EST

The market value of the backing asset is 87, so why did we buy at 100? And why donโ€™t you buy 100 worth of t-bill instead of 87. Iโ€™ve never seen this anywhere. Thatโ€™s profit taking on community. Ondo did tokenize t-bills and we bought at fair valueโ€ฆ which is fair. And fyi, a 0 coupon t-bill is worth itโ€™s fair value provided that the interest rate does not change at the central bank level. You are creating a fake narrative just to take 13/100 from the people who believed in the project. Never again

Noรฉrole-icon

01/10/2025 at 07:07:07 EST

1/3 of fees goes to USUALx, 1/3 is burned and 1/3 goes to USUAL (cliffed for a year). Note that USUAL has no right over the revenue share in USD0 rn.

sebastiantfrole-icon

01/10/2025 at 07:06:54 EST

are there UIs for the early exit which shows how much USUAL tokens i need to exit?

6six69nine9role-icon

01/10/2025 at 07:06:49 EST

Yeah what about the recent bera vault?

jxoxoinrole-icon

01/10/2025 at 07:06:20 EST

So, if I put all my USD0++ into the bera vault now and forfeit the accrued rewards, I can get it back at a 1:1 ratio in six months, correct?

Arsonrole-iconany information about the new USD0++ pool in morpho?

Noรฉrole-icon

01/10/2025 at 07:06:05 EST

Live tonight maximum (CET)

07:05:34

just false

Nezrole-iconThis picture says it all. It was 1:1 even with balance prior to today.

Noรฉrole-icon

01/10/2025 at 07:05:30 EST

Without balance, you have no simulation sir..... Check with a USD0 balance: it goes to market rate

Noรฉrole-iconJust a nice curator

Arsonrole-icon

01/10/2025 at 07:05:19 EST

any information about the new USD0++ pool in morpho?

Noรฉrole-icon

01/10/2025 at 07:05:13 EST

As a reminder: there's an FAQ pinned

papipnlrole-icon"The amount of USUAL tokens required to burn for redeeming USD0++ is calculated based on three factors: the current USUAL rewarded per USD0++, an adjustment factor based on the weekly outflow target and cumulative weekly redemptions, and a time cost factor." Is there more concrete info on this. It's nice to know the factors but it's useless without the exact relationship eg formula

Nezrole-icon

01/10/2025 at 07:05:11 EST

This picture says it all. It was 1:1 even with balance prior to today.

Gg63vevbwAASi8w.png

41.46KB

Noรฉrole-icon

01/10/2025 at 07:04:07 EST

1. If it drops, it means that you have less $ value to pay in order to exit at 1:1 2. We earn nothing, the full revenue goes to stakers.

xiaocao9127role-icon

01/10/2025 at 07:03:39 EST

I staked 10k USD0 to USD0++ one day before, then it worths 9k๏ผŸ where the money go? I have to burn the same amount Usual as the one who staked months ago

papipnlrole-iconthanks! "the target net outflow (where redemption target is a target percentage of TVL redeemed per week set by the DAO)." sorry for all the questions but where ist that target published?

Noรฉrole-icon

01/10/2025 at 07:03:38 EST

The target will be published early next week with the release of the feature sir!

Noรฉrole-iconearly next week

xun2xrole-icon

01/10/2025 at 07:03:34 EST

If I buy usd0++ now, i will get 13% next week ?

Noรฉrole-iconYes, the exact formula is in the whitepaper sir

papipnlrole-icon

01/10/2025 at 07:03:20 EST

thanks! "the target net outflow (where redemption target is a target percentage of TVL redeemed per week set by the DAO)." sorry for all the questions but where ist that target published?

0xrole-iconSo Investors and Team knew this change was coming. The general public did not, as per what you are saying. There's very simple profit to be made here, you shouldn't play dumb tbh. Redeeming USD0++ for a slight loss and then making this change and seeing how the market reacts is at worst a loss of a couple days of yield, and at best a massive windfall for the person doing it - but you needed that critical information. It is clear that this change needed to be made, because that's how the protocol works. I am neither mad nor worried about that. But the way it was done is extremely questionable and concerning, no amoung of directing to whitepaper and docs changes that. Fact is: A critical change was made that a few select people knew about AND had full decision power over, while the average person was unaware of the exact timing of that change. One party could both decide on the timing AND act on it, the other couldn't. That is the problem at hand, not the fact that the change happened.

Julesrole-icon

01/10/2025 at 07:03:12 EST

Timing is more than problematic, I would say if the floor would have been change at the same time as the token distribution that fair, thats a bonds you got it back in usual token. But the situation where we are now that have weeks open between the token drop and the floor debasement open the door to those who know about it to get the token + avoid lossing the principale, where the pleb just get rekt

sebastiantfrole-iconwhat happens to the USD0++ holders from before the depeg? They get to hold it until 4 years to redeem 1:1 at when they bought, and hope the USUAL rewards will make up for it?

Noรฉrole-icon

01/10/2025 at 07:02:57 EST

Check the pinned message

JEZrole-iconThe question is rather why have we bought 100 something worth 87 ? @Noรฉ

Noรฉrole-icon

01/10/2025 at 07:02:45 EST

Zero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

JEZrole-icon

01/10/2025 at 07:02:30 EST

The question is rather why have we bought 100 something worth 87 ? @Noรฉ

FlyingArrowzrole-iconThanks for answering all questions. So curious: to redeem 1:1 we have to buy USUAL, burn it and redeem? Or do we just forfeit future rewards?

Noรฉrole-icon

01/10/2025 at 07:02:26 EST

Depends on the amount you have to pay: if it's higher than the rewards you already got, you'll have to buy, indeed (or just stake longer).

sebastiantfrole-icon

01/10/2025 at 07:01:48 EST

what happens to the USD0++ holders from before the depeg? They get to hold it until 4 years to redeem 1:1 at when they bought, and hope the USUAL rewards will make up for it?

Noรฉrole-iconearly next week

FlyingArrowzrole-icon

01/10/2025 at 07:01:48 EST

Thanks for answering all questions. So curious: to redeem 1:1 we have to buy USUAL, burn it and redeem? Or do we just forfeit future rewards?

BoredKodarole-icon

01/10/2025 at 07:01:27 EST

Morpho's market use hardcoded 1:1 pricefeed. So clearly Usual team hid some "facts" for sure in beginning. There is no way to sugar coat it. Otherwise as Morpho's team they will never build up markets with 1:1 hardcoded pricefeed the first place.

Noรฉrole-iconUSD0++

justMikarole-icon

01/10/2025 at 07:01:23 EST

Why? With which rate? What sense for me locking funds for 3 month for 8% reward if I lose 13% just for one day?

Asshadrole-iconcan we get an apology for this disaster.

fab1440role-icon

01/10/2025 at 07:01:13 EST

grow up

Asshadrole-icon

01/10/2025 at 07:00:52 EST

can we get an apology for this disaster.

Azzamrole-iconWhen usual burn will be release for redeem 1:1 usdo++ to usdo ?

Noรฉrole-icon

01/10/2025 at 07:00:35 EST

early next week

Azzamrole-icon

01/10/2025 at 07:00:28 EST

When usual burn will be release for redeem 1:1 usdo++ to usdo ?

Eindbaasrole-iconGilamesh from MEV capital said this in Morpho. Hello everyone Gilga from MEV Cap, We wanted to keep you posted, we also got the USD0++ redeem information late yesterday. We were not informed prior this decision by the Usual team, as the community it was a bit surprising for us too. Weโ€™re in touch with them and wait for more clarification regarding this redeem/burning system 1:1 USD0++ to USD0. In the mean time we prefer to limit the re-allocation to the hardcoded markets. That being said, we also deployed yesterday night a market called USD0++ naked where the USD0++ will be priced at the exchange rate which is currently $0.87 with a high LLTV. This has been done after we saw the statement from Usual This would allow on the current borrowers to zap and move their position to this market without having to payback their debt and take a loss with the current depeg. Weโ€™ll then also work on re-deploying the same format for the PT and LP market, pricing USD0++ at the exchange rate which is $0.87 The LP markets will take a bit more time to be deployed due to the sensitivity of the price feed. We'll also share more detailed announcement once the new market is live.

Noรฉrole-icon

01/10/2025 at 06:59:57 EST

See this previous message @0x, even curators didn't know about it beforehand.

Nezrole-icon

01/10/2025 at 06:59:08 EST

Why was USD0++ hardcoded to 1:1 on all Market Makers lending/borrow with PTs being pegged 1:1 as well. Not to mention USD0 swap to USD0++ was always 1:1 (zero bond) as well (should have been 1 -> 1/0.87)

0xrole-iconSo Investors and Team knew this change was coming. The general public did not, as per what you are saying. There's very simple profit to be made here, you shouldn't play dumb tbh. Redeeming USD0++ for a slight loss and then making this change and seeing how the market reacts is at worst a loss of a couple days of yield, and at best a massive windfall for the person doing it - but you needed that critical information. It is clear that this change needed to be made, because that's how the protocol works. I am neither mad nor worried about that. But the way it was done is extremely questionable and concerning, no amoung of directing to whitepaper and docs changes that. Fact is: A critical change was made that a few select people knew about AND had full decision power over, while the average person was unaware of the exact timing of that change. One party could both decide on the timing AND act on it, the other couldn't. That is the problem at hand, not the fact that the change happened.

Noรฉrole-icon

01/10/2025 at 06:58:08 EST

Of course they knew, since it was outlined in the whitepaper since the beginning. They didn't knew the exact date tho. Only info was Q1, just like for any user. You don't need the exact implementation date to vote on the feature. Even the Team was in the dark: only management knew about it before the announcement.

76ixerrole-icon@Noรฉ please, add a Morpho market without the 1:1 for PT-March users, we getting destroy with the rates, could you please say something about it ?!?!

Eindbaasrole-icon

01/10/2025 at 06:57:50 EST

Gilamesh from MEV capital said this in Morpho. Hello everyone Gilga from MEV Cap, We wanted to keep you posted, we also got the USD0++ redeem information late yesterday. We were not informed prior this decision by the Usual team, as the community it was a bit surprising for us too. Weโ€™re in touch with them and wait for more clarification regarding this redeem/burning system 1:1 USD0++ to USD0. In the mean time we prefer to limit the re-allocation to the hardcoded markets. That being said, we also deployed yesterday night a market called USD0++ naked where the USD0++ will be priced at the exchange rate which is currently $0.87 with a high LLTV. This has been done after we saw the statement from Usual This would allow on the current borrowers to zap and move their position to this market without having to payback their debt and take a loss with the current depeg. Weโ€™ll then also work on re-deploying the same format for the PT and LP market, pricing USD0++ at the exchange rate which is $0.87 The LP markets will take a bit more time to be deployed due to the sensitivity of the price feed. We'll also share more detailed announcement once the new market is live.

Safarrole-iconWhy usual no go up

neinrole-icon

01/10/2025 at 06:57:20 EST

good question

76ixerrole-icon@Noรฉ please, add a Morpho market without the 1:1 for PT-March users, we getting destroy with the rates, could you please say something about it ?!?!

famousfxckrole-icon

01/10/2025 at 06:57:08 EST

He said there will be a new live pool by tonight

Noรฉrole-iconAs per the same docs you're citing, DAO is fully controlled by USUAL* (investors and team) until all the core products are released. Like any other protocol, you develop core products first and then decentralize governance. Also, where's the profit for us? We made no money on that lol. All the revenue is redistributed to USUAL stakers, and team+investors aren't eligible for it. Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

0xrole-icon

01/10/2025 at 06:57:08 EST

So Investors and Team knew this change was coming. The general public did not, as per what you are saying. There's very simple profit to be made here, you shouldn't play dumb tbh. Redeeming USD0++ for a slight loss and then making this change and seeing how the market reacts is at worst a loss of a couple days of yield, and at best a massive windfall for the person doing it - but you needed that critical information. It is clear that this change needed to be made, because that's how the protocol works. I am neither mad nor worried about that. But the way it was done is extremely questionable and concerning, no amoung of directing to whitepaper and docs changes that. Fact is: A critical change was made that a few select people knew about AND had full decision power over, while the average person was unaware of the exact timing of that change. One party could both decide on the timing AND act on it, the other couldn't. That is the problem at hand, not the fact that the change happened.

MrAdeline

01/10/2025 at 06:57:00 EST

There's one piece of this I still am not understanding.. hope someone can help. So $1000 is used to mint USD0++, of that $870 goes to repo markets to earn yield until worth $1000 again. Where is the remaining $130 right now? Who controls it? How is it being used for the benefit of the protocol? And why can't it be combined with funds in repo to do 1:1 redemption now?

76ixerrole-icon

01/10/2025 at 06:56:44 EST

@Noรฉ please, add a Morpho market without the 1:1 for PT-March users, we getting destroy with the rates, could you please say something about it ?!?!

06:56:44

@Noรฉ please, add a Morpho market without the 1:1 for PT-March users, we getting destroy with the rates, could you please say something about it ?!?!

justMikarole-icon@Noรฉ if I deposited usd0 to Veda pool will I get back usd0 or usd0++?

Noรฉrole-icon

01/10/2025 at 06:56:41 EST

USD0++

justMikarole-icon@Noรฉ if I deposited usd0 to Veda pool will I get back usd0 or usd0++?

Noรฉrole-icon

01/10/2025 at 06:56:41 EST

USD0++

Safarrole-iconWhy usual no go up

kiratsunamirole-icon

01/10/2025 at 06:56:12 EST

we need big daddy Trump

Safarrole-iconWhy usual no go up

kiratsunamirole-icon

01/10/2025 at 06:56:12 EST

we need big daddy Trump

justMikarole-icon

01/10/2025 at 06:56:11 EST

@Noรฉ if I deposited usd0 to Veda pool will I get back usd0 or usd0++?

06:56:11

@Noรฉ if I deposited usd0 to Veda pool will I get back usd0 or usd0++?

Safarrole-iconWhy usual no go up

Deiciderole-icon

01/10/2025 at 06:55:53 EST

๐Ÿ˜‚

Safarrole-iconWhy usual no go up

Noรฉrole-icon

01/10/2025 at 06:55:40 EST

# ๐Ÿงใ†speculation

Safarrole-icon

01/10/2025 at 06:55:32 EST

Why usual no go up

papipnlrole-icon"The amount of USUAL tokens required to burn for redeeming USD0++ is calculated based on three factors: the current USUAL rewarded per USD0++, an adjustment factor based on the weekly outflow target and cumulative weekly redemptions, and a time cost factor." Is there more concrete info on this. It's nice to know the factors but it's useless without the exact relationship eg formula

Noรฉrole-icon

01/10/2025 at 06:55:01 EST

Yes, the exact formula is in the whitepaper sir

papipnlrole-icon

01/10/2025 at 06:54:46 EST

"The amount of USUAL tokens required to burn for redeeming USD0++ is calculated based on three factors: the current USUAL rewarded per USD0++, an adjustment factor based on the weekly outflow target and cumulative weekly redemptions, and a time cost factor." Is there more concrete info on this. It's nice to know the factors but it's useless without the exact relationship eg formula

xun2xrole-icon

01/10/2025 at 06:53:25 EST

No change for usd0++ to 1:1 ?

CryptoMDzrole-iconBera vault what should they do ?

fab1440role-icon

01/10/2025 at 06:52:26 EST

we need some devs to create secondary market for bera vault

CryptoMDzrole-iconBera vault what should they do ?

BingChillingrole-icon

01/10/2025 at 06:52:03 EST

beravault itself probably launch in 6 months if you keep your usual and stake u can redeem 1:1 anytime

Noรฉrole-iconJust a nice curator

Asshadrole-icon

01/10/2025 at 06:50:59 EST

what does that even mean lol. you guys should just issue an apology on X and clear things up

ariffrole-icon

01/10/2025 at 06:50:42 EST

should i move my usd0++ to veda?

Arsonrole-iconwhat is the relationship between team and mev capital

Noรฉrole-icon

01/10/2025 at 06:50:16 EST

Just a nice curator

CryptoMDzrole-icon

01/10/2025 at 06:49:53 EST

Bera vault what should they do ?

Noรฉrole-iconNew market will be live tonight maximum

Arsonrole-icon

01/10/2025 at 06:49:49 EST

what is the relationship between team and mev capital

interectedrole-iconwhen USUALX starts paying back staking yield ?

ravishedrole-icon

01/10/2025 at 06:49:29 EST

end of Febuary or early march after the Feb 1st snapshot, or sooner if we can get 50% of usual staked

interectedrole-iconwhen USUALX starts paying back staking yield ?

PECK (๐Ÿšซ๐Ÿงข)role-icon

01/10/2025 at 06:48:05 EST

Immediately, you can check debank

Deiciderole-icon

01/10/2025 at 06:47:25 EST

If anyone is interested in back reading. There's lots of info at hand in # ๐Ÿ“ฃใ†announcements # ๐Ÿ“Šใ†usual-strategies Also pins in this channel.

interectedrole-icon

01/10/2025 at 06:47:18 EST

when USUALX starts paying back staking yield ?

JaharakaLrole-icon

01/10/2025 at 06:45:58 EST

@Ainis01 Just trey to unstake and you will see

Noรฉrole-iconNew market will be live tonight maximum

Aurelourole-icon

01/10/2025 at 06:45:40 EST

Hope it will be okay when I see this

telegram-cloud-photo-size-4-5767137753149064295-y.jpg

39.14KB

Ainis01role-icon

01/10/2025 at 06:45:28 EST

if I unstake usualx, how do I know what amount I will receive since in the doc it is mentioned that there might some sort of penalty

xun2xrole-icon

01/10/2025 at 06:45:27 EST

Its crazy. Usd0 1:1 but usd0++ should higher

ananasbrbrole-iconWhat market factors could lead USD0++ going back to $1? eg is this an arbitrage oppoirtunity in anyway right now?

Zakrole-icon

01/10/2025 at 06:43:53 EST

if people want to enjoy higher yield from usual emissions + anyway plan to hold the tbills until maturity

Lodzhalrole-icon

01/10/2025 at 06:43:35 EST

It can be planned for Q1, it an be on the dApp for >2 months... that doesn't mean you don't transparently announce that the change is coming in X time as an announcement. If it's not an exact date for whatever reason... then you at least announce "in ~2-3 weeks from today, we will implement our Q1 plans to put a floor price and a redemption for 0.87 based on the mechanisms in the whitepaper and docs. The doc has been updated to reflect the upcoming floor price."... you do not change it overnight. When you don't have decentalized governance, one of the tradeoffs is supposed to be the team will act transparently for their users and share plans ahead of time that would normally be a governance vote when governance is decentralized later on. Tbf, there never should have been a mint at 1:1 to gain market share quickly. No protocol should have hardcoded 1:1. Mints should have always been at a set floor price that was planned. Vaults should not have allowed stables to be deposited to be swapped for USD0++. The markets would not have been pricing it at $1 if there was no redemption for 1:1 too. Everyone knew it was a four year bond but nobody knew the early redemption would end so suddenly... otherwise the market would not have priced it at $1 and Usual wouldn't have allowed minting at $1.

marvakrole-icon

01/10/2025 at 06:43:35 EST

Guys how do you expect them to announce this upfront? Cmon then everyone would redeem back to usd0 day before and then swap back. It doesnt make sense for business to that.

Noรฉrole-iconYes, you can check the pinned message sir!

papipnlrole-icon

01/10/2025 at 06:43:26 EST

Thanks. The pinned message doesn't really offer a formula. It just states that it's based on outflows and APY%. I would like to calculate the concrete amount of Usual tokens based on different scenarios.

ananasbrbrole-icon

01/10/2025 at 06:43:06 EST

What market factors could lead USD0++ going back to $1? eg is this an arbitrage oppoirtunity in anyway right now?

Magic Panrole-icon

01/10/2025 at 06:42:59 EST

If we can treat USD0++ something like a combination of YT and PT. It will become more logic. USD0 = USD0_PT + USD0_YT USD0 is pegged as 1:1 with USD. USD0_YT gives user the USUAL emission. USD0_PT is something similar like USD0++. It will only be coverted to USD0 in 1:1 at maturity day, the previous conversion can be decided by secondary market (like DEX) or primary market (price linearly climbing to 1:1 with USD0).

Noรฉrole-iconZero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

andrewdubairole-icon

01/10/2025 at 06:42:51 EST

basically who entered after the dump are the winner, they are getting USD0++ real bond with a clear floor price set and USUAL airdrop on top of that

Noรฉrole-iconZero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

chrisgm3773role-icon

01/10/2025 at 06:42:46 EST

Sure, lets just hope yields do not rise significantly. Because if they go to 6%......

Noรฉrole-iconNew market will be live tonight maximum

76ixerrole-icon

01/10/2025 at 06:41:47 EST

what about PT Morpho market?

Arsonrole-icon

01/10/2025 at 06:41:35 EST

usd0++ holder lost 0.1B asset ! you should know what it means

Noรฉrole-iconEarly Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

Prirole-icon

01/10/2025 at 06:41:24 EST

I'm confused, are you as a team surprised by the reaction? You all clearly know what you were doing, hardcoding oracle prices to 1, what impression does that give? The fact that there is chaos in the market surely let's you know that you guys have messed up here. How are you guys not taking ANY responsibility?

Aurelourole-iconGm @Noรฉ, Would it be possible to do something for Morpho market (hardcoded) ? Borrow APY is skyrocketting and this is risking a lot of user healty position

Noรฉrole-icon

01/10/2025 at 06:40:52 EST

New market will be live tonight maximum

Fengrole-icon

01/10/2025 at 06:40:50 EST

is there any plan to sustainably stimulate TVL growth in the long term? Currently, 94% of USD0 is being purchased and staked for farming. However, now those who want to farm can simply swap 0.9 USD0 to 1USD0++ instead of buying USD0. TVL has dropped 10% since yesterday

Aurelourole-icon

01/10/2025 at 06:40:37 EST

Gm @Noรฉ, Would it be possible to do something for Morpho market (hardcoded) ? Borrow APY is skyrocketting and this is risking a lot of user healty position

Noรฉrole-icon

01/10/2025 at 06:40:29 EST

Zero coupon bond would assume that the yield is only reflected into the floor getting higher, while in fact, you get yield in $USUAL on top of that.

chrisgm3773role-icon@Noรฉ So basically we bought a zero interest coupon and USDO++ will gradually go back to 1$ after four years?

Flash Boyrole-icon

01/10/2025 at 06:38:51 EST

Yes. You bought 0.87 USD for 1 USD lol

SYrole-iconThis project betrayed user so will die soon.

kiratsunamirole-icon

01/10/2025 at 06:38:34 EST

cry some more lmao

SYrole-iconThis project betrayed user so will die soon.

Deiciderole-icon

01/10/2025 at 06:38:02 EST

Screenshot_20250110_113708_Discord.jpg

122.2KB

Screenshot_20250110_113731_Discord.jpg

32.91KB

pepetea-pngemoji-4208714348.png

17.76KB

papipnlrole-iconHey @Noรฉ thanks for answering all these questions. Could you maybe tell me how I can calculate the USUAL redeem fee if I were to buy usd0++ pt now?

Noรฉrole-icon

01/10/2025 at 06:37:45 EST

Yes, you can check the pinned message sir!

chrisgm3773role-icon

01/10/2025 at 06:37:21 EST

@Noรฉ So basically we bought a zero interest coupon and USDO++ will gradually go back to 1$ after four years?

SYrole-icon

01/10/2025 at 06:37:07 EST

This project betrayed user so will die soon.

shansyoulaohurole-iconDestruction has been to PT users not at all useful, can not be such a pit, yesterday bought 30W, today became 270,000, this is not to do the project again, you guys this is fraud, you can set up the redemption time, 7 days or longer, can not be 1:0,87 so right!

Grpprofesionalrole-icon

01/10/2025 at 06:37:04 EST

The difference is that USD0++ is treated as a government treasury bond, but it's yield is distributed separately. imagine it as if USD0++ was a PT itself. redemption mechanism was announced long ago, we had a conversation about it several times, even once like a week ago

Noรฉrole-iconEarly Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

sslvsk13role-icon

01/10/2025 at 06:35:46 EST

Q1 is a very vague formulation, how do I know at what point in the 3-month period they will take 13% of my money? That is, I did not need to use your product and keep liquidity in it? Should I have simply withdrawn the money instead of supporting the project's TVL and using ecosystem products? + You yourself wrote above that the 1:1 ratio will hold for a month after TGE, a month has not passed yet... It would be fair to return the early bond holders to exchange their bonds for stables 1:1 without burning the jujual. Especially since I have already paid for the embedded yield

Noรฉrole-iconWell yes, if it's announced 6 months before, on the dapp for months, and as a warning each time you stake, it's a fair warning.

llliu_01role-icon

01/10/2025 at 06:34:20 EST

Early participants may have made a good profit from the airdrop, but is it fair that I bought usd0++ yesterday to buy pt and need to lose 13% today? Do you need to tell the user in advance when the punishment will take effect, and give a buffer period is appropriate? u tell me it's fair????????

Nanozavr | Re7role-icon

01/10/2025 at 06:34:00 EST

What is the current Ut value (current USUAL reward per USD0++)?

Phoenixrole-iconNo it's not addressed. He is correct, buyers at $1 should be able to exit at $1. Buyers at $0.87 can trade the current prices.

xun2xrole-icon

01/10/2025 at 06:33:30 EST

How to exit at $1 pt ?

Noรฉrole-iconThat's addressed in the pinned message sir!

Phoenixrole-icon

01/10/2025 at 06:32:54 EST

No it's not addressed. He is correct, buyers at $1 should be able to exit at $1. Buyers at $0.87 can trade the current prices.

duorole-iconHas this rule come out yet? Conditional Exit: 1:1 redemption requiring forfeiture of a portion of accrued yields. This โ€œEarly Unstakingโ€ mechanism is scheduled for release early next week.

Noรฉrole-icon

01/10/2025 at 06:32:29 EST

The feature will be live early next week

papipnlrole-icon

01/10/2025 at 06:32:21 EST

Hey @Noรฉ thanks for answering all these questions. Could you maybe tell me how I can calculate the USUAL redeem fee if I were to buy usd0++ pt now?

duorole-icon

01/10/2025 at 06:32:09 EST

Has this rule come out yet? Conditional Exit: 1:1 redemption requiring forfeiture of a portion of accrued yields. This โ€œEarly Unstakingโ€ mechanism is scheduled for release early next week.

Asshadrole-iconexactly you guys should of made an announcement earlier just like the revenue switiching. i dont understand why it was never made. the team should issue an apolgy and find a way to make it up to the community

Noรฉrole-icon

01/10/2025 at 06:32:07 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

Prirole-iconWhere was the DAO vote? Oh wait... there wasn't one because you all profited from this move. You mislead in the white paper, it mentions the DAO will update the floor price. Any normal DAO has a notice as to when the protocol changes something. Even early DAOs need to make sure they communicate EVERY change if it's not done via a DAO vote. You can't hide behind your UI comments. The majority of your TVL came near TGE so you have essentially just rugged all those users and they are all in mark to market losses. There was ZERO consideration on how late participants would be handled if they mint at 1:1. You essentially conned them into locking for 4 years.

Noรฉrole-icon

01/10/2025 at 06:31:58 EST

As per the same docs you're citing, DAO is fully controlled by USUAL* (investors and team) until all the core products are released. Like any other protocol, you develop core products first and then decentralize governance. Also, where's the profit for us? We made no money on that lol. All the revenue is redistributed to USUAL stakers, and team+investors aren't eligible for it. Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

Asshadrole-icon

01/10/2025 at 06:31:43 EST

exactly you guys should of made an announcement earlier just like the revenue switiching. i dont understand why it was never made. the team should issue an apolgy and find a way to make it up to the community

Noรฉrole-iconEarly Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

Arsonrole-icon

01/10/2025 at 06:31:18 EST

any plan to reduce user's giant loss?

Noรฉrole-iconBut the mechanisms were, and the fact that it's not 1:1 was public

Prirole-icon

01/10/2025 at 06:30:43 EST

Where was the DAO vote? Oh wait... there wasn't one because you all profited from this move. You mislead in the white paper, it mentions the DAO will update the floor price. Any normal DAO has a notice as to when the protocol changes something. Even early DAOs need to make sure they communicate EVERY change if it's not done via a DAO vote. You can't hide behind your UI comments. The majority of your TVL came near TGE so you have essentially just rugged all those users and they are all in mark to market losses. There was ZERO consideration on how late participants would be handled if they mint at 1:1. You essentially conned them into locking for 4 years.

sslvsk13role-iconItโ€™s not โ€œeach featureโ€ itโ€™s spend community money

Noรฉrole-icon

01/10/2025 at 06:30:22 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

Noรฉrole-iconQ1 is more than enough, have you every seen a protocol announcing a precise day for each feature they implement lmao? There's tech deadlines and so on, that's just impossible boss.

sslvsk13role-icon

01/10/2025 at 06:30:15 EST

Itโ€™s not โ€œeach featureโ€ itโ€™s spend community money

laptopkeyboardrole-iconThere's only one thing I don't understand. Why did you give users an opportunity to buy USD0++ at 1$ and now you are lowering its price to 0.87? Is it fair for those who bought USD0++ at 1$? Why will USD0++ holders have to pay a commission to USUAL to withdraw them back at the purchase price? I think you should give the option to withdraw USD0++ at 1$ for those who bought them at 1$

Noรฉrole-icon

01/10/2025 at 06:29:05 EST

That's addressed in the pinned message sir!

llliu_01role-iconEarly Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it. please tell me, it's fair?????

Noรฉrole-icon

01/10/2025 at 06:28:49 EST

Well yes, if it's announced 6 months before, on the dapp for months, and as a warning each time you stake, it's a fair warning.

Noรฉrole-iconQ1 is more than enough, have you every seen a protocol announcing a precise day for each feature they implement lmao? There's tech deadlines and so on, that's just impossible boss.

laptopkeyboardrole-icon

01/10/2025 at 06:28:42 EST

There's only one thing I don't understand. Why did you give users an opportunity to buy USD0++ at 1$ and now you are lowering its price to 0.87? Is it fair for those who bought USD0++ at 1$? Why will USD0++ holders have to pay a commission to USUAL to withdraw them back at the purchase price? I think you should give the option to withdraw USD0++ at 1$ for those who bought them at 1$

marvakrole-icon

01/10/2025 at 06:28:24 EST

Guys just relax. Why did you stake your usd0 if you want to get it out anyway? Just stick with the program, the timeline is still the same, maybe they could handle this better, but hopefully they learn from it

Noรฉrole-iconEarly Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it. > gave them free money 100% of the revenue goes to stakers, and team/investors aren't eligible.

llliu_01role-icon

01/10/2025 at 06:28:17 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it. please tell me, it's fair?????

alexey.krole-iconThey just used the hype, got lots of TVL, and so to say never pointed out that there will be a trick like that.

Noรฉrole-icon

01/10/2025 at 06:28:08 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

Phoenixrole-iconyou need to burn 6 months worth of $Usual yield bruh

alexey.krole-icon

01/10/2025 at 06:27:59 EST

They just used the hype, got lots of TVL, and so to say never pointed out that there will be a trick like that.

xstryderrole-iconWhy not set exact date before? As I said before, TVL will take a hit but it will be shown as more transparency. And people will appreciate you give the heads up. I mean people will associate your project as honest, upfront and has users priority in mind

Noรฉrole-icon

01/10/2025 at 06:27:47 EST

Q1 is more than enough, have you every seen a protocol announcing a precise day for each feature they implement lmao? There's tech deadlines and so on, that's just impossible boss.

Noรฉrole-iconBut the mechanisms were, and the fact that it's not 1:1 was public

Phoenixrole-icon

01/10/2025 at 06:27:34 EST

If there really was demand for the coupons the team wouldn't have been afraid of announcing the ratio change. Btw there probably IS demand but after this the brand is gonna be damaged. Quick money to insiders again, after preaching "we are gonna bring centralized stables down".

fredchan17999role-iconI believe they will have further plan later, but now we should focus on 4 years plan and make it the best first

chrisgm3773role-icon

01/10/2025 at 06:27:28 EST

team not conveying the repercussions is really going to hurt the protocol reputation and this sucks

Shaunrole-iconI want to ask, when will USUAL be burned?

Usualrole-icon

01/10/2025 at 06:27:25 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Shaunrole-iconI want to ask, when will USUAL be burned?

Usualrole-icon

01/10/2025 at 06:27:25 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Shaunrole-icon

01/10/2025 at 06:27:24 EST

I want to ask, when will USUAL be burned?

06:27:24

I want to ask, when will USUAL be burned?

nihilistic button clickerrole-iconYes. I agree the team is not having a discussion is good faith. Sadly. All of us who lock in our capital <6 months ago effectively gave them free money. I hope the founder will have a read. There is obviously a clear misrepresentation of the mechanism and the team is conveniently hiding behind the fact that "oh too bad you didn't read the docs". @Noรฉ can you please let your founder know about this reaction? Your rubber stamping doesn't help. Also "the peg is the floor" is a CLEAR misrepresentation. Crime

Noรฉrole-icon

01/10/2025 at 06:27:13 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it. > gave them free money 100% of the revenue goes to stakers, and team/investors aren't eligible.

nihilistic button clickerrole-iconYes. I agree the team is not having a discussion is good faith. Sadly. All of us who lock in our capital <6 months ago effectively gave them free money. I hope the founder will have a read. There is obviously a clear misrepresentation of the mechanism and the team is conveniently hiding behind the fact that "oh too bad you didn't read the docs". @Noรฉ can you please let your founder know about this reaction? Your rubber stamping doesn't help. Also "the peg is the floor" is a CLEAR misrepresentation. Crime

Noรฉrole-icon

01/10/2025 at 06:27:13 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it. > gave them free money 100% of the revenue goes to stakers, and team/investors aren't eligible.

duorole-icon

01/10/2025 at 06:27:07 EST

What is the ratio of burning USUAL and redeeming USD0?

Hi usualrole-icon

01/10/2025 at 06:26:59 EST

Itโ€™s a scxx, why people still asking what will after 4 year lol . I m glad if this project will still be alive for the next 3 months

Asshadrole-icon

01/10/2025 at 06:25:52 EST

issue an apology

alexey.krole-iconDont bother to argue with this guys just FUD on twitter instead of here. On monday, Burn Some Usual, take you money and leave. Cut the losess. Sad, but true.

nihilistic button clickerrole-icon

01/10/2025 at 06:25:31 EST

Yes. I agree the team is not having a discussion is good faith. Sadly. All of us who lock in our capital <6 months ago effectively gave them free money. I hope the founder will have a read. There is obviously a clear misrepresentation of the mechanism and the team is conveniently hiding behind the fact that "oh too bad you didn't read the docs". @Noรฉ can you please let your founder know about this reaction? Your rubber stamping doesn't help. Also "the peg is the floor" is a CLEAR misrepresentation. Crime

Noรฉrole-iconEarly Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months.

xstryderrole-icon

01/10/2025 at 06:25:22 EST

Why not set exact date before? As I said before, TVL will take a hit but it will be shown as more transparency. And people will appreciate you give the heads up. I mean people will associate your project as honest, upfront and has users priority in mind

zhengziyan.solrole-icon0.87 and the exact date should be announced

Noรฉrole-icon

01/10/2025 at 06:24:59 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months. You also had a disclaimer explaining USD0++, that you had to accept, in order to bond USD0 for it.

ekosonerole-iconFloor set at 0.87 wasn't public, stop saying it was public

zhengziyan.solrole-icon

01/10/2025 at 06:24:49 EST

0.87 and the exact date should be announced

76ixerrole-iconif u have to burn 6months of yield is even more than paying 13% to exit, doesn't make anysense

Slyzerole-icon

01/10/2025 at 06:24:42 EST

Agree, we have 0 visibility on this, you change the ratio before releasing early unstaking thatโ€™s make no sense and leave everyone in dark

shansyoulaohurole-icon

01/10/2025 at 06:24:06 EST

Destruction has been to PT users not at all useful, can not be such a pit, yesterday bought 30W, today became 270,000, this is not to do the project again, you guys this is fraud, you can set up the redemption time, 7 days or longer, can not be 1:0,87 so right!

76ixerrole-iconif u have to burn 6months of yield is even more than paying 13% to exit, doesn't make anysense

Noรฉrole-icon

01/10/2025 at 06:23:41 EST

That's why if you hit the max, your arb it with the floor

e o batmanrole-icon

01/10/2025 at 06:23:25 EST

๐Ÿดโ€โ˜ ๏ธ

chrisgm3773role-iconSo Usual stops existing or having a purpose after 2028? Or will a new bond with a different name start?

fredchan17999role-icon

01/10/2025 at 06:23:23 EST

I believe they will have further plan later, but now we should focus on 4 years plan and make it the best first

76ixerrole-icon

01/10/2025 at 06:22:44 EST

if u have to burn 6months of yield is even more than paying 13% to exit, doesn't make anysense

Grpprofesionalrole-icon

01/10/2025 at 06:22:36 EST

Look at origamivault imploded I checked ytd price was 0.777 ๐Ÿ‘€ I guess anyone who had a leveraged position in morpho got liquidated at this point

image.png

29.86KB

chrisgm3773role-icon

01/10/2025 at 06:22:11 EST

So Usual stops existing or having a purpose after 2028? Or will a new bond with a different name start?

alexey.krole-iconDont bother to argue with this guys just FUD on twitter instead of here. On monday, Burn Some Usual, take you money and leave. Cut the losess. Sad, but true.

Phoenixrole-icon

01/10/2025 at 06:21:59 EST

you need to burn 6 months worth of $Usual yield bruh

Noรฉrole-iconBut the mechanisms were, and the fact that it's not 1:1 was public

llliu_01role-icon

01/10/2025 at 06:21:36 EST

Early participants may have made a good profit from the airdrop, but is it fair that I bought usd0++ yesterday to buy pt and need to lose 13% today? Do you need to tell the user in advance when the punishment will take effect, and give a buffer period is appropriate?

tommyshelbersrole-iconWorking as intended, thanks @Noรฉ . This way theres a balance for bondholders as welll as usualx holders rather than constant dumping

deannguy3nrole-icon

01/10/2025 at 06:21:10 EST

Totally agree

alexey.krole-icon

01/10/2025 at 06:20:44 EST

Dont bother to argue with this guys just FUD on twitter instead of here. On monday, Burn Some Usual, take you money and leave. Cut the losess. Sad, but true.

Noรฉrole-iconNot rolling, it ends in 2028 for all USD0++

0xrole-icon

01/10/2025 at 06:20:28 EST

Would you agree that USD0++ essentially a zero coupon bond that yields USUAL? Where can I find the usual token emission schedule, please?

Mateus Ballrole-iconAnd what next?

unserrole-icon

01/10/2025 at 06:20:28 EST

Thereโ€™s ETH0++ and BTC0++ coming up

ekosonerole-iconFloor set at 0.87 wasn't public, stop saying it was public

Noรฉrole-icon

01/10/2025 at 06:20:21 EST

But the mechanisms were, and the fact that it's not 1:1 was public

Gg7VhzZWoAAac8T.png

670.61KB

Noรฉrole-iconMechanisms were public since day one. Early Redemption has been announced for Q1 in October, and is on the dApp for >2 months. There's no lying here.

ekosonerole-icon

01/10/2025 at 06:19:48 EST

Floor set at 0.87 wasn't public, stop saying it was public

Prirole-iconJokes on you pal They kept the date a secret so they can take 13% from you ๐Ÿ˜‰. They want to hold TVL hostage

Noรฉrole-icon

01/10/2025 at 06:19:45 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months.

xstryderrole-iconBut why not exact date written in the previous doc? For example, "please note that at 10 Jan, floor price will be set at 0.87". Sure TVL will take a hit a lot but it will be shown as good faith. Isn't good faith more important than TVL? Don't you agree?

zhengziyan.solrole-icon

01/10/2025 at 06:19:35 EST

๐Ÿ”ฅ

ploskovrole-iconI could have bought 1000 USD0++ for 870 USD, but a day ago I bought the same amount, but for 1000 USD. FOR WHAT? Now I have to wait 4 years to get to 0, but I could have made a profit if I bought today.

Prirole-icon

01/10/2025 at 06:19:33 EST

Jokes on you pal They kept the date a secret so they can take 13% from you ๐Ÿ˜‰. They want to hold TVL hostage

0xMadoffrole-iconI know. But first, they need PSAN to operate in France. So why " UP ONLY CO " does not have it ? Then, they will need to comply with MICA to operate in EU. Will they ? P.S : 5min timelock to answer ?

Lemoussurole-icon

01/10/2025 at 06:19:20 EST

No they do not need PSAN to operate in France. The list of services that require a PSAN licence does not apply to Usual. MICA does not apply to Decentralised Finance, because it is a complex subject. MICA2 and following may apply to DeFI but not as of today.

shigaraki4997role-icon

01/10/2025 at 06:19:11 EST

why depeg usd0

0xMTrole-icon

01/10/2025 at 06:19:01 EST

Good point

Noรฉrole-icon

01/10/2025 at 06:18:39 EST

Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months.

nihilistic button clickerrole-icon@Noรฉ you said yourself it's a peg and it can be "easy to do" "activated multiple times a day". I was misled by that . @Mr. Lin also said that we can suggest to execute the Parity Arbitrage Mechanism via DAO votes , which USUAL governance token holders can vote for.. HOW can we propose this? I suggest we do it immediately: 1. To restore USD0++/USD0 to 1:1 for 7 days via the Parity Arbitrage Mechanism.

Noรฉrole-icon

01/10/2025 at 06:18:30 EST

1- Yes, and the peg is the Floor. 2- As per the docs, DAO is fully controlled by USUAL* (team and investors) until full development of the protocol sir, like most protocols: you fully decentralize governance once core products are launched. 3- Early Redemption was announced planned for Q1 since October, and shown on the dApp for >2 months.

sslvsk13role-icon

01/10/2025 at 06:18:09 EST

why didn't they give an exact date for unstaking? Users were given information that "the depeg will happen sometime, but when exactly is unknown" plus, it says that they will give a month, but TGE was on December 18, that is, a month has not passed yet, so what is it?

Noรฉrole-iconMechanisms were public since day one. Early Redemption has been announced for Q1 in October, and is on the dApp for >2 months. There's no lying here.

xstryderrole-icon

01/10/2025 at 06:18:08 EST

But why not exact date written in the previous doc? For example, "please note that at 10 Jan, floor price will be set at 0.87". Sure TVL will take a hit a lot but it will be shown as good faith. Isn't good faith more important than TVL? Don't you agree?

Nanozavr | Re7role-icon

01/10/2025 at 06:17:44 EST

I tried to use the B-Usual formula formula from your whitepaper but it doesn't make any sense: B-USUAL = Ut T A, where T = 180, Ut = 3.3 and A = 1 (at max). B-USUAL = 3.3 180 1 = 594 USUAL (397$). This is the amount I'd need to pay to to redeem 1 USD0++ for USD0 (1:1). @Noe can you please explain?

Lemoussurole-iconPSAN is not MICA.

0xMadoffrole-icon

01/10/2025 at 06:17:13 EST

I know. But first, they need PSAN to operate in France. So why " UP ONLY CO " does not have it ? Then, they will need to comply with MICA to operate in EU. Will they ? P.S : 5min timelock to answer ?

nihilistic button clickerrole-icon

01/10/2025 at 06:17:01 EST

@Noรฉ you said yourself it's a peg and it can be "easy to do" "activated multiple times a day". I was misled by that . @Mr. Lin also said that we can suggest to execute the Parity Arbitrage Mechanism via DAO votes , which USUAL governance token holders can vote for.. HOW can we propose this? I suggest we do it immediately: 1. To restore USD0++/USD0 to 1:1 for 7 days via the Parity Arbitrage Mechanism.

Screenshot_2025-01-10-19-09-01-374_com.discord.jpg

190.63KB

Screenshot_2025-01-10-19-09-05-113_com.discord.jpg

170.08KB

Screenshot_2025-01-10-19-10-09-198_com.discord.jpg

208.59KB

Phoenixrole-iconBuyers are literally screwed over though, at least stop allowing people to suddenly buy at 10% discount. Like all the early supporters are down compared to anyone buying now. Also, anyone with prior knowledge could have just sold yesterday and bought today. Too much power to insiders here.

Deiciderole-icon

01/10/2025 at 06:16:47 EST

There's literally transparency and you can read up for two hours to see engagement from the team. Are we in the same Discord?

ploskovrole-icon

01/10/2025 at 06:16:39 EST

I could have bought 1000 USD0++ for 870 USD, but a day ago I bought the same amount, but for 1000 USD. FOR WHAT? Now I have to wait 4 years to get to 0, but I could have made a profit if I bought today.

chrisgm3773role-iconDoes a new period start in 2028 for next four years?

Noรฉrole-icon

01/10/2025 at 06:16:31 EST

No

Phoenixrole-iconOk, then the not so early supporters were used as exit liquidity for early supporters then. Is that better? I still think a 1 week notice was due for something like this, insiders had a party now.

Noรฉrole-icon

01/10/2025 at 06:16:25 EST

Early Redemption was announced planned for Q1 since October

Noรฉrole-iconNot rolling, it ends in 2028 for all USD0++

chrisgm3773role-icon

01/10/2025 at 06:16:25 EST

Does a new period start in 2028 for next four years?

tommyshelbersrole-iconWorking as intended, thanks @Noรฉ . This way theres a balance for bondholders as welll as usualx holders rather than constant dumping

kiratsunamirole-icon

01/10/2025 at 06:16:16 EST

exactly, holders of USD0++ get 45% of the emission it felt like a thieft for usualX holders

Ignas | DeFirole-iconWhitepaper specifies that "the DAO reserves the authority to set this price floor, allowing USD0++ holders to exchange their tokens for USD0 at a rate below the standard 1:1 redemption ratio." Where was the DAO vote? USUALx holders needed to vote on this.

Noรฉrole-icon

01/10/2025 at 06:16:01 EST

As per the docs, DAO is fully controlled by USUAL* (team and investors) until full development of the protocol sir, like most protocols: you fully decentralize governance once core products are launched.

Alistorrole-icon

01/10/2025 at 06:15:53 EST

There was no selling. You mint 1 USD++ for 1 USD0, that hasn't changed. You just can't redeem it instantly for 1 USD0 anymore. A lawyer will probably explain it to you so you can understand it.

oncryerole-icon

01/10/2025 at 06:15:51 EST

it was obvious that it was a bond sold at face value

Noรฉrole-iconEarly Supporters got the opportunity to exit at 1:1 for a month after TGE, exactly the opposite. Also, they accumulated high rewards, plus the airdrop, which already over-compensate any Early Redeem fee.

llliu_01role-icon

01/10/2025 at 06:15:48 EST

Early participants may have made a good profit from the airdrop, but is it fair that I bought usd0++ yesterday to buy pt and need to lose 13% today? Do you need to tell the user in advance when the punishment will take effect, and give a buffer period is appropriate?

Noรฉrole-iconEarly Supporters got the opportunity to exit at 1:1 for a month after TGE, exactly the opposite. Also, they accumulated high rewards, plus the airdrop, which already over-compensate any Early Redeem fee.

Phoenixrole-icon

01/10/2025 at 06:15:32 EST

Ok, then the not so early supporters were used as exit liquidity for early supporters then. Is that better? I still think a 1 week notice was due for something like this, insiders had a party now.

BingChillingrole-icon

01/10/2025 at 06:15:32 EST

i mean people call this protocol ponzi since day 1 and milk it and dump usual everyday lol. what could be worse ?

Noรฉrole-iconNot rolling, it ends in 2028 for all USD0++

Mateus Ballrole-icon

01/10/2025 at 06:15:11 EST

And what next?

JaharakaLrole-icon

01/10/2025 at 06:14:41 EST

Its funny how we got @Noรฉ trying to solve a none existed problem cause none have read the whitepaper and now they are here crying.

ekosonerole-iconYou can't just update documents and state "floor set manually at 0.87 for USD0++" out of nowhere no previous announcement or anything that's straight up lying. Community gonna bring this protocol down to it's knees

Noรฉrole-icon

01/10/2025 at 06:14:40 EST

Mechanisms were public since day one. Early Redemption has been announced for Q1 in October, and is on the dApp for >2 months. There's no lying here.

Ignas | DeFirole-icon

01/10/2025 at 06:14:24 EST

Whitepaper specifies that "the DAO reserves the authority to set this price floor, allowing USD0++ holders to exchange their tokens for USD0 at a rate below the standard 1:1 redemption ratio." Where was the DAO vote? USUALx holders needed to vote on this.

Phoenixrole-iconBuyers are literally screwed over though, at least stop allowing people to suddenly buy at 10% discount. Like all the early supporters are down compared to anyone buying now. Also, anyone with prior knowledge could have just sold yesterday and bought today. Too much power to insiders here.

Lodzhalrole-icon

01/10/2025 at 06:14:17 EST

Ya, this explains the etherfi Veda vault only allowing USD0++ withdrawals now... they obviously knew. A warning would have fixed all this. If Usual sticks around after this, USD0++ is a good buy at 0.87 for anyone who gets in now... but anyone who stuck stables in vaults or just plain USD0++ that were hardcoded 1:1 (or market priced due to the 1:1 redemption) are screwed. allowing minting 1:1 and then changing redemption suddenly is quite the tactic. mechanisms were always there but no warning for changing 1:1 redemption is crazy work. need a timelock on these kind of changes.

ekosonerole-icon

01/10/2025 at 06:13:57 EST

You can't just update documents and state "floor set manually at 0.87 for USD0++" out of nowhere no previous announcement or anything that's straight up lying. Community gonna bring this protocol down to it's knees

0xrole-icon@Noรฉ quick question - when does the 4 year period for usd0++ start? Is it a rolling 4 year period for new mints or is it like a blanket lock for 4 years? Which means at date X usd0++ will be 1:1 redeemable for free?

Noรฉrole-icon

01/10/2025 at 06:13:53 EST

Not rolling, it ends in 2028 for all USD0++

0xrole-icon

01/10/2025 at 06:13:36 EST

@Noรฉ quick question - when does the 4 year period for usd0++ start? Is it a rolling 4 year period for new mints or is it like a blanket lock for 4 years? Which means at date X usd0++ will be 1:1 redeemable for free?

Shaunrole-icon

01/10/2025 at 06:13:30 EST

You canโ€™t guarantee that the APY will be 27% in the next six months. What if it drops to 10%?

shansyoulaohurole-icon

01/10/2025 at 06:13:10 EST

The project should be a little fair, can not let PT players to the early players to take over, earn not to say, can not play a 10-day loss of 13 points, we are here to invest in the project, but not to speculate on the coin, such a decision for us is a disaster!

Noรฉrole-icon

01/10/2025 at 06:13:01 EST

It's written in the dApp for >2 months

image.png

288.21KB

Noรฉrole-iconEarly Supporters got the opportunity to exit at 1:1 for a month after TGE, exactly the opposite. Also, they accumulated high rewards, plus the airdrop, which already over-compensate any Early Redeem fee.

sslvsk13role-icon

01/10/2025 at 06:12:57 EST

Even for those who read the documentation, this mechanic is nonsense. Yes, the bonds were deposited to put increased yield into it, but all these rules should not have worked for those who bought bonds with yield already embedded in it, that is, they bought them to earn money, and in the end, a person bought a token with yield already embedded, then this yield was taken away from him, and you have to wait until you return it within 4 years? Well, this is nonsense. Since the protocol calculates the time of holding bonds and calculates the number of burned jujuals, then this should be a mechanic authorized for early users who bought at 1:1 to exchange usd0++ at the same rate without burning, as usual, this is the fairest option.

0xMadoffrole-iconI understand better why we need MICA in EU. Also, is it normal that the company, which is in France, doesn't have any agreement to operate in EU ( PSAN ) ? Or am i missing something ?

Lemoussurole-icon

01/10/2025 at 06:12:30 EST

PSAN is not MICA.

ASrole-icon

01/10/2025 at 06:12:09 EST

@NoรฉCan you tell us exactly how much usual we should burn in order to exit 1-to-1?

0xMadoffrole-icon

01/10/2025 at 06:12:00 EST

I understand better why we need MICA in EU. Also, is it normal that the company, which is in France, doesn't have any agreement to operate in EU ( PSAN ) ? Or am i missing something ?

Phoenixrole-iconBuyers are literally screwed over though, at least stop allowing people to suddenly buy at 10% discount. Like all the early supporters are down compared to anyone buying now. Also, anyone with prior knowledge could have just sold yesterday and bought today. Too much power to insiders here.

Noรฉrole-icon

01/10/2025 at 06:11:42 EST

Early Supporters got the opportunity to exit at 1:1 for a month after TGE, exactly the opposite. Also, they accumulated high rewards, plus the airdrop, which already over-compensate any Early Redeem fee.

ravishedrole-icon

01/10/2025 at 06:11:42 EST

I bought mine at $1.45, you will be fine with the rev share, don't sell

Evixrole-iconItโ€™s incredibly surprising that you allowed the mint/redeem of USD0++ at a 1:1 ratio for everyone for an entire month. Letting early users exit at 1:1, capped to the amount they held at a specific moment in time, would have been a much better approach. Post-TGE, you allowed people to buy USD0++ at $1. And now, suddenly, everything changes. Yes, people should have read the documentation, all 56 articles, and so on. But you canโ€™t rely solely on that argument to justify this situation. The funds are there, sitting in a smart contract. Take a snapshot of the balances and give people a week to decide whether to stay or exit the protocol! ๐Ÿ˜‡

deannguy3nrole-icon

01/10/2025 at 06:11:18 EST

Burn the usual you got to exit

Noรฉrole-iconThe Early Unstaking was announced to be planned for Q1, in this article from October: https://usual.money/blog/usual-where-yield-meets-growth#detailed-distribution

Phoenixrole-icon

01/10/2025 at 06:10:21 EST

Buyers are literally screwed over though, at least stop allowing people to suddenly buy at 10% discount. Like all the early supporters are down compared to anyone buying now. Also, anyone with prior knowledge could have just sold yesterday and bought today. Too much power to insiders here.

BingChillingrole-icon

01/10/2025 at 06:10:18 EST

can i sue binance if i lost money trading futures ? same here people lost money is from over leverage morpho and dump usual everyday.

The Faceless Shepherdrole-iconThis will be an expensive lesson to teach people to avoid projects that has 0 day admin functions or 0 day upgradable proxies

Usualrole-icon

01/10/2025 at 06:10:16 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

The Faceless Shepherdrole-icon

01/10/2025 at 06:10:15 EST

This will be an expensive lesson to teach people to avoid projects that has 0 day admin functions or 0 day upgradable proxies

Mateus Ballrole-icon

01/10/2025 at 06:09:39 EST

Buying pt is the same as usd0++.

Pekarole-iconSo all pt holders just lose their money

Laniakearole-icon

01/10/2025 at 06:09:09 EST

Looks like it. And weโ€™re idiots for not reading their docs well enough. ๐Ÿคทโ€โ™‚๏ธ

Pekarole-icon

01/10/2025 at 06:08:08 EST

So all pt holders just lose their money

Noรฉrole-icon

01/10/2025 at 06:07:43 EST

The Early Unstaking was announced to be planned for Q1, in this article from October: https://usual.money/blog/usual-where-yield-meets-growth#detailed-distribution

Noรฉrole-iconBecause it's redeemable for more than 0.87 depending on the Early Redeem mechanism, just read the article or whitepaper

Dakeyrasrole-icon

01/10/2025 at 06:07:02 EST

Only if you pay... which for many many people not possible as they have not accrued enought yield yet

kokonato_role-iconGuys, anyone planing for a class action lawsuit?

Alistorrole-icon

01/10/2025 at 06:06:54 EST

You can't file a lawsuit on not reading the whitepaper and not understanding the mechanics of a protocol. But you can freely burn more money on stupidity.

shansyoulaohurole-icon

01/10/2025 at 06:06:53 EST

This one is too much of a screw up, I wasn't an early participant and didn't get a USUAL dividend, you guys are screwing PT users over!

neinrole-icon

01/10/2025 at 06:06:02 EST

:supasad:

deannguy3nrole-iconHope this help

Usualrole-icon

01/10/2025 at 06:05:40 EST

โš ๏ธ Always be careful

- Always check that someone trying to help you is part of the team (verify his roles). - No team member will DM you or ask for you to send him a DM. - No team member will ask you to click on a link for assistance. - To avoid any scam attempts, always ask for help through # ๐Ÿ“ฉใ†support-contact

Noรฉrole-iconAs a reminder: - The Floor It increases over time, reaching 1$ at the end. - What now: You're now able to either: swap at market rate, Early Redeem versus $USUAL, or redeem at Floor. - To Early Redeem: You'll have to sacrifice (pay) $USUAL tokens, ranging from zero to six months of rewards. This is mostly calculated on the weekly outflows and the time before maturity. - How much time? At the current APY, you would need to hold USD0++ for about 5-6 months (without compounding) to compensate for the lowest redeem you could get (Floor). - How to optimize? Because the APY is paid in $USUAL, if you stake it in USUALx, you'll get 200% more APY in $USUAL plus a >50% APY in USD0 directly through the revenue-share. This would enable to compensate even faster. - Where does the fees go? The Early Redemption fee for USD0++ is partially redistributed to USUALx (USUAL stakers) and partially burned, improving long-term alignement and increasing scarcity. As for this change: - USD0++ has almost never been redeemable at 1:1 It only was for a month after TGE, but wasn't during the whole pre-launch. This was possible in order to ensure exits for those who wanted to, after the airdrop (if not vested). - USD0++ is not a stablecoin It has always been referred to as a Liquid Bond Token (LBT) - a staked version of USD0 locked for 4 years, giving high yield and growth exposure. This was and is all explained in the disclaimer when bonding USD0 for USD0++ on our dApp. The Early Redemption mechanism was actually announced for Q1 2025, since October. This was also written on the dApp since the beginning. - Exits The mechanisms now implemented enable people to exit through different ways, while benefiting USUAL holders and stakers. Knowing that USD0++ gets rewards in USUAL, any USD0++ holder can also benefit from it. - Why do we benefit This is because part of all the Early Redemption fees are redistributed to USUALx (USUAL stakers), and part is burned. Enabling higher APY and scarcity, which automatically makes all the yields (USD0++ and USUALx) more attractive. - Guaranteed revenue-share Also, this locks 4 years of future cashflow for USUAL stakers, as they get 100% of the revenue from the underlying collateral. Again, everyone benefits from it.

deannguy3nrole-icon

01/10/2025 at 06:05:40 EST

Hope this help

Noรฉrole-icon

01/10/2025 at 06:05:33 EST

btw

Gg60_sUW0AA6QiN.png

286.87KB

kokonato_role-iconGuys, anyone planing for a class action lawsuit?

JaharakaLrole-icon

01/10/2025 at 06:05:02 EST

๐Ÿคฎ

BingChillingrole-icon

01/10/2025 at 06:05:00 EST

you get usd0 from every usualx u stake. it mathematically has some value.

youdirole-icon

01/10/2025 at 06:04:38 EST

Avoided to buy pt usd0 +++ lucky

kokonato_role-icon

01/10/2025 at 06:04:35 EST

Guys, anyone planing for a class action lawsuit?

fredchan17999role-icon

01/10/2025 at 06:04:33 EST

Bro u got fud from Binance square, didnt u?

Evixrole-icon

01/10/2025 at 06:04:30 EST

Itโ€™s incredibly surprising that you allowed the mint/redeem of USD0++ at a 1:1 ratio for everyone for an entire month. Letting early users exit at 1:1, capped to the amount they held at a specific moment in time, would have been a much better approach. Post-TGE, you allowed people to buy USD0++ at $1. And now, suddenly, everything changes. Yes, people should have read the documentation, all 56 articles, and so on. But you canโ€™t rely solely on that argument to justify this situation. The funds are there, sitting in a smart contract. Take a snapshot of the balances and give people a week to decide whether to stay or exit the protocol! ๐Ÿ˜‡

famousfxckrole-icon

01/10/2025 at 06:04:03 EST

Relax, revenue sharing incoming soon. Free money $

Rissourole-iconFor my part, like any good investor, I read the documentation and followed the news closely, and I wasn't surprised by recent events. Cheer up team, we're in this for the long run!๐Ÿญ

โ˜ฌ

01/10/2025 at 06:03:19 EST

Do you want applause?

0xMTrole-icon

01/10/2025 at 06:03:04 EST

@Noรฉ - this is a zero coupon bond. Why was it sold at par? Did the usual team buy the zero coupon bond at par lol?

CallmeBillrole-icon

01/10/2025 at 06:02:37 EST

Glad I sold USD0 yesterday avoiding 100k loss

Dean - Founder GameonForgerole-icon

01/10/2025 at 06:02:14 EST

Usual will going to 0.28$ ๐Ÿคญ๐Ÿคญ๐Ÿคญ

ASrole-icon

01/10/2025 at 06:02:08 EST

@Noรฉ@NoรฉCould you please tell me how to calculate the USD0++pt due on January 30 for the PENDLE I purchased?

shansyoulaohurole-iconI bought $300,000 in PT that expires on the 30th, and when it expires and I switch back to USDC I'm going to lose over $20,000?

0xemir_role-icon

01/10/2025 at 06:01:19 EST

Yes @Noรฉ Another question, my pending rewards don't claimable for 3 weeks. Why? Is it an UI bug or not?

shansyoulaohurole-icon

01/10/2025 at 06:01:10 EST

I bought $300,000 in PT that expires on the 30th, and when it expires and I switch back to USDC I'm going to lose over $20,000?

Noรฉrole-iconYes and no: borrow rates can spike because of that, forcing you to switch to a new market

HubristicFarmerrole-icon

01/10/2025 at 06:00:54 EST

Yeah this is whatโ€™s happening currently I think. Any best guess when the new usd0++/USDc vault will be up to relieve some of the crunch.

Dakeyrasrole-iconyou're lying bro, why market would price 1$ something that is redeemable for 0.87 ? Stop to spread missinformation, the team made enough mistakes

Noรฉrole-icon

01/10/2025 at 06:00:50 EST

Because it's redeemable for more than 0.87 depending on the Early Redeem mechanism, just read the article or whitepaper

ๅคง่กจๅงShevon๏ผˆ็ปๆœ›ไน‹่ฐท็ˆฌไธๅ‡บๆฅ๏ผ‰role-icon

01/10/2025 at 06:00:46 EST

What is the current mechanism to ensure that USD0 is always 1:1 anchored to USDC? Will it expire in 4 years, USD0++ 1:1 USD0, but USD0 is not 1:1 USDC?

Noรฉrole-iconIt's closer to 1 over time on the Floor, but market can price it at 1 at anytime

Dakeyrasrole-icon

01/10/2025 at 06:00:18 EST

you're lying bro, why market would price 1$ something that is redeemable for 0.87 ? Stop to spread missinformation, the team made enough mistakes

Lodzhalrole-icon

01/10/2025 at 06:00:03 EST

@Noรฉ Do you know how Veda etherfi eUSD0++ Usual partner vault handles this? I would think they knew about this... so it wouldn't be hardcoded to 1:1 where we deposit USD0/USDC/USDT/DAI and get 1:1 USD0++ back on withdrawal, it doesn't look like the net value has dropped (but maybe it's hardcoded to 1:1 for USD0++ because of previous 1:1 choices...) and the etherfi strategy asset page is not USD0++ but USD0, USDC, DAI and USDT but withdrawal is only to USD0++. So, it's unclear if I withdraw if it's going to be my USD0 1:1 for USD0++ (so I take a loss or wait 4 years) or if I'm getting market rate so I'll get more USD0++. I was allowed to withdraw to other assets like what was deposited but now, only USD0++ as of a week or so ago. The bot here said "withdraw at a 1:1 rate" and the USD0++ peg is maintained but that's obviously wrong now... the bot is going off the previously offered 1:1 redemption that suddenly ended. I can't imagine partner vaults were hardcoding this as 1:1... Again, the main thing is that this never should have had a 1:1 redemption just to gain market share quickly. This would have avoided markets pricing it at 1:1 and no markets should have been hardcoded 1:1.

llliu_01role-icon

01/10/2025 at 05:59:59 EST

@Noรฉ I am a PT user. According to what you said, if I want to withdraw after PT matures, I will lose my principal. Normally, if I withdraw early, it is the income that should be reduced, not the user's principal?

Flash Boyrole-iconWTF guys. I invested 10000 USDC for 10000 USD0++. They said that USD0++ is Tbills or USA bonds. I expect to earn 4% per year for 4 years. Now, i read that i have to wait 4 years to get my 10000 USD.

BingChillingrole-icon

01/10/2025 at 05:59:24 EST

u get 35% apy lol from usual token.

st4rgard3nrole-iconMarket will likely price it according to other available options on the market. So if $1 worth of a 4 year UST note is worth $0.855 ... that's what users are looking at.

Noรฉrole-icon

01/10/2025 at 05:59:21 EST

Since there's other mechanisms to redeem and arb, it'll very likely be higher in a rational market

0xrole-iconI know. That's not what people are asking. You let people mint usd0++ for a dollar, even now, when you know that it's not worth one dollar. The 1:1 conversion could have been a 0.98:1 conversion or similar, 1:1 exactly is an arbitrary choice. So why did you pick 1:1? The answer is pretty clear. It's to create an implication of value parity, when in the real world nobody would value this asset at a dollar. Selling it at this exact price through the UX and then making this change so suddenly is crazy.

Noรฉrole-icon

01/10/2025 at 05:58:41 EST

You can't mint USD0++ for 1 USD0 right now, simulating witout balance doesn't work (when you have balance, you get the market rate, which is lower).

BingChillingrole-iconcheck pinn mesage yes 1:1 in future end of maturity

an9218role-icon

01/10/2025 at 05:58:37 EST

when is the end? and now people will buy more usd0++ and receive a profit, but me only receive my funds back, correct?

laptopkeyboardrole-icon

01/10/2025 at 05:58:29 EST

@Noรฉ There's only one thing I don't understand. Why did you give users an opportunity to buy USD0++ at 1$ and now you are lowering its price to 0.87? Is it fair for those who bought USD0++ at 1$? Why will USD0++ holders have to pay a commission to USUAL to withdraw them back at the purchase price? I think you should give the option to withdraw USD0++ at 1$ for those who bought them at 1$

Noรฉrole-iconIt's closer to 1 over time on the Floor, but market can price it at 1 at anytime

st4rgard3nrole-icon

01/10/2025 at 05:58:26 EST

Market will likely price it according to other available options on the market. So if $1 worth of a 4 year UST note is worth $0.855 ... that's what users are looking at.

Flash Boyrole-icon

01/10/2025 at 05:58:15 EST

WTF guys. I invested 10000 USDC for 10000 USD0++. They said that USD0++ is Tbills or USA bonds. I expect to earn 4% per year for 4 years. Now, i read that i have to wait 4 years to get my 10000 USD.

Pekarole-icon

01/10/2025 at 05:58:13 EST

So, as PT has not yield, all PT holders lose money?

76ixerrole-iconcould you please develope this? I do not fully understand, PT doesn't have yield from USUAL but from Pendle users. This shouldn't be count as yield from USUAL.

Noรฉrole-icon

01/10/2025 at 05:57:56 EST

Yes, but this yield, if sold, can compensate for the redeem fee

Noรฉrole-iconPinned message sir

0xrole-icon

01/10/2025 at 05:57:52 EST

I know. That's not what people are asking. You let people mint usd0++ for a dollar, even now, when you know that it's not worth one dollar. The 1:1 conversion could have been a 0.98:1 conversion or similar, 1:1 exactly is an arbitrary choice. So why did you pick 1:1? The answer is pretty clear. It's to create an implication of value parity, when in the real world nobody would value this asset at a dollar. Selling it at this exact price through the UX and then making this change so suddenly is crazy.

Kaelrole-iconNoรฉ, one question: We should think that USD0++ should worth 1 or 0,87?

Noรฉrole-icon

01/10/2025 at 05:57:28 EST

It's closer to 1 over time on the Floor, but market can price it at 1 at anytime

lololeorole-icon

01/10/2025 at 05:57:22 EST

if everyone feel scammed then itโ€™s your responsibility to fix the problem and regain confidence rather than sit here and explain why your plan is correct.

Lucasrole-icon

01/10/2025 at 05:56:56 EST

@JaharakaL thats the point. Stake is long term. People who want to trade must keep ut in the wallet, not in stake. Thats why long term is safe.

Rissourole-icon

01/10/2025 at 05:56:47 EST

For my part, like any good investor, I read the documentation and followed the news closely, and I wasn't surprised by recent events. Cheer up team, we're in this for the long run!๐Ÿญ

Dean - Founder GameonForgerole-icon

01/10/2025 at 05:56:44 EST

Usual price going to 0.28$ lol

flyflyoorole-icon

01/10/2025 at 05:56:42 EST

It is incorrect to make changes immediately without any prior notice

Noรฉrole-iconI was considering no yield for the PT, mybad - since it yields, and converts to USD0++ at the end, you could already be BE depending on the maturity, I'd have to check tbh

76ixerrole-icon

01/10/2025 at 05:55:58 EST

could you please develope this? I do not fully understand, PT doesn't have yield from USUAL but from Pendle users. This shouldn't be count as yield from USUAL.

JaharakaLrole-icon

01/10/2025 at 05:55:54 EST

Long term and people want to stack and unstack all the time?

0xMTrole-icon

01/10/2025 at 05:55:52 EST

The future of finance seems very bright.

Noรฉrole-iconit's a bot bro lmfao

Kaelrole-icon

01/10/2025 at 05:55:42 EST

Noรฉ, one question: We should think that USD0++ should worth 1 or 0,87?

RubixTheCuberole-icon

01/10/2025 at 05:55:35 EST

whats up the the USD0++ de peg

05:55:35

whats up the the USD0++ de peg

cryptoviet.eth

01/10/2025 at 05:55:34 EST

what happen with mev capital pool on morpho, apy 88%?

shansyoulaohurole-icon

01/10/2025 at 05:55:27 EST

I bought USD0++ PT on PENDLE I am redeeming now why will I lose money please give me a reason

MadridGODrole-icon

01/10/2025 at 05:55:21 EST

when peg

Noรฉrole-iconit's a bot bro lmfao

0xemir_role-icon

01/10/2025 at 05:55:15 EST

When early unstaking is going to live?

Dakeyrasrole-icontypical response why ALL users feels scammed

Noรฉrole-icon

01/10/2025 at 05:54:39 EST

it's a bot bro lmfao

Dakeyrasrole-icon

01/10/2025 at 05:54:25 EST

typical response why ALL users feels scammed

Phoenixrole-iconwhat APY did you use then? (Can the timer go down a bit ?)

Noรฉrole-icon

01/10/2025 at 05:54:19 EST

I was considering no yield for the PT, mybad - since it yields, and converts to USD0++ at the end, you could already be BE depending on the maturity, I'd have to check tbh

an9218role-iconI don't understand why I loss 10% in one day holding USD0++, if it 1:1 to USD0? will it again 1 to 1 in future?

BingChillingrole-icon

01/10/2025 at 05:54:04 EST

check pinn mesage yes 1:1 in future end of maturity

Phoenixrole-icon

01/10/2025 at 05:53:57 EST

what APY did you use then? (Can the timer go down a bit ?)

an9218role-icon

01/10/2025 at 05:53:20 EST

I don't understand why I loss 10% in one day holding USD0++, if it 1:1 to USD0? will it again 1 to 1 in future?

llliu_01role-icon@Noรฉ fine , if the rate is 0.87 , it means i need lose 13% ? or pay 6m of usual ? but sir , PT users don't get $USUAL, it means i need bought usual to pay ?

Pekarole-icon

01/10/2025 at 05:53:00 EST

Answer this pls

Slim'Bappรฉrole-iconHey Usual team can you please give a simple example on how we should go about interpreting this equation? thanks

famousfxckrole-icon

01/10/2025 at 05:52:05 EST

Ask ChatGPT

llliu_01role-icon@Noรฉ fine , if the rate is 0.87 , it means i need lose 13% ? or pay 6m of usual ? but sir , PT users don't get $USUAL, it means i need bought usual to pay ?

Noรฉrole-icon

01/10/2025 at 05:51:40 EST

Check the pinned message boss, I answered it there :)

Slim'Bappรฉrole-icon

01/10/2025 at 05:51:17 EST

Hey Usual team can you please give a simple example on how we should go about interpreting this equation? thanks

Screenshot_2025-01-10_at_11.12.59.png

133.43KB

llliu_01role-icon

01/10/2025 at 05:51:06 EST

@Noรฉ fine , if the rate is 0.87 , it means i need lose 13% ? or pay 6m of usual ? but sir , PT users don't get $USUAL, it means i need bought usual to pay ?

76ixerrole-iconhow you calculate then?

Noรฉrole-icon

01/10/2025 at 05:51:04 EST

I was considering no yield for the PT, mybad - since it yields, and converts to USD0++ at the end, you could already be BE depending on the maturity, I'd have to check tbh

76ixerrole-icon

01/10/2025 at 05:50:28 EST

how you calculate then?

0xrole-iconWhy on earth did you choose a 1:1 conversion on the dapp lol

Noรฉrole-icon

01/10/2025 at 05:50:27 EST

Pinned message sir

0xrole-icon

01/10/2025 at 05:50:13 EST

Why on earth did you choose a 1:1 conversion on the dapp lol

st4rgard3nrole-icon

01/10/2025 at 05:49:50 EST

Unfortunately lop-sided redemption mechanisms always have this problem - literally last night I was thinking about parking some cash here and I sent my friend: Thereโ€™s compounding yield duration risks. I discovered USD0++ has a 4 year maturity date. Yeah right now itโ€™s 1 : 1 tracking USD0. But thatโ€™s because demand for USD0++ is higher than demand for USD0 Whenever this is the case (USD0++ price > USD0 price) anyone can buy USD0 -> stake it to receive USD0++ and sell the USD0++ for profit. Problem is what happens when itโ€™s the other way around. If the price of USD0 is above the price of USD0++ โ€ฆ thereโ€™s no mechanism that allows those two prices to reconcile anymore.

Noรฉrole-icon

01/10/2025 at 05:49:48 EST

Without balance, simulation doesn't work and gives 1:1 by default. When you have a balance, it doesn't.

laptopkeyboardrole-icon

01/10/2025 at 05:49:34 EST

xd?))

image.png

45.63KB

image.png

37.42KB

Phoenixrole-iconDid you calculate it based on the 26% APY we currently have?

Noรฉrole-icon

01/10/2025 at 05:49:20 EST

nope!

Shaunrole-icon

01/10/2025 at 05:49:11 EST

You stole 7% of our revenue because you sold it to us for $1.

Noรฉrole-iconIf they redeem instantly for USD0, yes.

Phoenixrole-icon

01/10/2025 at 05:48:50 EST

Did you calculate it based on the 26% APY we currently have?

Peter Panrole-iconI have 2 questions sir: 1. will the โ€œFloor priceโ€ be changed again, to say, 0.5? 2. will the price shown on the website changed annually or has some time point to close to 1?

Mava (AI Support)role-icon

01/10/2025 at 05:48:33 EST

Thank you for your questions! Let me address them one by one: 1. Will the โ€œFloor priceโ€ be changed again, to say, 0.5? - The floor price is set by the DAO and can be updated. However, there is no specific information available about plans to change it to 0.5. The floor price is designed to maintain market stability and is adjusted based on various factors. 2. Will the price shown on the website change annually or have some time point to close to 1? - The floor price is designed to gradually converge to 1 USD over time. This mechanism ensures that the price remains stable and aligns with the projected risk-free yield tied to USD0. If you have more questions or need further clarification, feel free to ask!

footer-iconMava AI Beta

๐Ÿ‘

1

๐Ÿ‘Ž

1

avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘

Close
avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘Ž

Close

Peter Panrole-icon

01/10/2025 at 05:48:16 EST

I have 2 questions sir: 1. will the โ€œFloor priceโ€ be changed again, to say, 0.5? 2. will the price shown on the website changed annually or has some time point to close to 1?

Noรฉrole-iconNot document changed, we only added the exact Floor price in the gitbook since it's now defined. The mechanisms were all public.

andrucryptrole-icon

01/10/2025 at 05:48:10 EST

nice move to start a project with unclear parameters from the beginning, now it's very easy to say "everyone around is an idiot and didn't read the docs!"

Noรฉrole-iconWell yes, the underlying is fully liquid, but USD0++ is locked for 4 years, we just create a bond on top of the stablecoin.

Clayboi Partirole-icon

01/10/2025 at 05:47:54 EST

The underlying asset is USYC, and usd0++ is just a wrapper on top of it. It exists only conceptually and should not be the reason to stop redemptions. that's why burning usual will resolve the issue. it means you are effectively selling your 4yr bond at a discounted price to the Hashnote with some extra magic, which they can then sell in the liquid market

nihilistic button clickerrole-iconBut they have to pay up to 6 months of $usual APY.. so if maturity is Feb then they can be net DOWN?

Noรฉrole-icon

01/10/2025 at 05:47:50 EST

If they redeem instantly for USD0, yes.

Noรฉrole-iconhold until maturity to have 1:1 with USD0++. Meanwhile floor increases and secondary market rates improve.

nihilistic button clickerrole-icon

01/10/2025 at 05:47:15 EST

But they have to pay up to 6 months of $usual APY.. so if maturity is Feb then they can be net DOWN?

ๅคง่กจๅงShevon๏ผˆ็ปๆœ›ไน‹่ฐท็ˆฌไธๅ‡บๆฅ๏ผ‰role-iconUSD0++ is an ERC20, not an NFT, and can be mint at any time, why does every usd0++ have the same maturity date? Please tell me the specific expiration time. When will the four years start to be calculated๏ผŸ

Mava (AI Support)role-icon

01/10/2025 at 05:47:04 EST

All USD0++ tokens are set to mature on June 30, 2028. This means that regardless of when they are minted, they share the same maturity date. The four-year period is calculated from the issuance date of the specific USD0++ tokens.

footer-iconMava AI Beta

๐Ÿ‘

2

๐Ÿ‘Ž

1

avatar-icon

Noรฉ

0xnoe

avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘

Close
avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘Ž

Close

Noรฉrole-icon

01/10/2025 at 05:47:01 EST

image.png

9.66KB

ๅคง่กจๅงShevon๏ผˆ็ปๆœ›ไน‹่ฐท็ˆฌไธๅ‡บๆฅ๏ผ‰role-icon

01/10/2025 at 05:46:59 EST

USD0++ is an ERC20, not an NFT, and can be mint at any time, why does every usd0++ have the same maturity date? Please tell me the specific expiration time. When will the four years start to be calculated๏ผŸ

Alistorrole-iconYou should link people to the whitepaper from November 2024, where all of that has been specified already.
llliu_01role-icon@Noรฉ i only want to know what should PT users do?

Noรฉrole-icon

01/10/2025 at 05:46:25 EST

hold until maturity to have 1:1 with USD0++. Meanwhile floor increases and secondary market rates improve.

Noรฉrole-iconNot document changed, we only added the exact Floor price in the gitbook since it's now defined. The mechanisms were all public.

Alistorrole-icon

01/10/2025 at 05:46:11 EST

You should link people to the whitepaper from November 2024, where all of that has been specified already.

llliu_01role-icon

01/10/2025 at 05:45:35 EST

@Noรฉ i only want to know what should PT users do?

Puzzithinkerrole-iconSuddenly changed the document without noticing all the users, isn't it a sc@m?

Noรฉrole-icon

01/10/2025 at 05:45:26 EST

Not document changed, we only added the exact Floor price in the gitbook since it's now defined. The mechanisms were all public.

Mava (AI Support)role-icon

01/10/2025 at 05:45:16 EST

The Veda etherfi eUSD0++ vault typically converts deposited assets like USD0, USDC, DAI, and USDT into USD0++. However, it seems there might be a change in the withdrawal process, where withdrawals are now only possible in USD0++. The peg for USD0++ is generally maintained at 1:1, but if there are concerns about the peg or withdrawal options, it might be best to check directly with the platform for the most current information.

footer-iconMava AI Beta

๐Ÿ‘

1

๐Ÿ‘Ž

1

avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘

Close
avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘Ž

Close

famousfxckrole-icon

01/10/2025 at 05:45:15 EST

Btw Binance just added a new pair for Usual. USUAL/USDC

Noรฉrole-iconWell yes, the underlying is fully liquid, but USD0++ is locked for 4 years, we just create a bond on top of the stablecoin.

0xMTrole-icon

01/10/2025 at 05:45:04 EST

Which type of bond?

Kaelrole-iconThe main problem here: - Usual is NOT a sc@m, people should stop saying that. - The mistake that maybe team made is make USD0++ 1:1 for a time, if this was "1:0.87" since the beggin, everyone will be ok with that. No one like bad surprises, cause even if this was at docs, people just dont read, and if its important, u should make it clear and even yell it. There is no point in put 1 dol in a RWA project that will give me the same 1 dol after 4yrs, even if i win some tokens, cause this way, people will sell the tokens cause it the only way to get some gains. This said, im still with the token and supporting the project, but the "strategy" was not the best, and would be consider a crisis in a web2 startup. BTW, its that @mytwogweis post at Twitter 100% right?

Puzzithinkerrole-icon

01/10/2025 at 05:45:02 EST

Suddenly changed the document without noticing all the users, isn't it a sc@m?

Rizman ZoomYou are going to explain to me how I can buy something in overnight repos for $1 and can't sell it a second later for $1? Are you people serious? You can call it a zero coupon bond. You can call it overnight repos. You can call it whatever you want. Regardless of what real-world asset you claim this is similar to, in the real world I would be able to sell liquid bonds/treasuries/whatever a second later at roughly the same price I bought them. Not at a haircut of $0.13 on every $1.

Deiciderole-icon

01/10/2025 at 05:44:56 EST

Please sir, this is a Wendy's.

Gloxxasrole-iconNo your team have 13% of $1.8B instead of 80m revenue ๐Ÿคฃ

Noรฉrole-icon

01/10/2025 at 05:43:54 EST

Since when lmeow? We ditched any rights over the Revenue, and redirected 100% to USUAL stakers.

Noรฉrole-iconPoeple will say the team is scamming while 100% of the revenue goes to stakers: team and investors have ZERO revenue.

Gloxxasrole-icon

01/10/2025 at 05:43:40 EST

No your team have 13% of $1.8B instead of 80m revenue ๐Ÿคฃ

alinonorole-iconSo they actually could convert usd0++ to usd if they wanted to without any loss for them ?

Noรฉrole-icon

01/10/2025 at 05:43:37 EST

Well yes, the underlying is fully liquid, but USD0++ is locked for 4 years, we just create a bond on top of the stablecoin.

famousfxckrole-iconWhoโ€™s gonna explain overnight repos to this guy

Rizman Zoom

01/10/2025 at 05:43:24 EST

You are going to explain to me how I can buy something in overnight repos for $1 and can't sell it a second later for $1? Are you people serious? You can call it a zero coupon bond. You can call it overnight repos. You can call it whatever you want. Regardless of what real-world asset you claim this is similar to, in the real world I would be able to sell liquid bonds/treasuries/whatever a second later at roughly the same price I bought them. Not at a haircut of $0.13 on every $1.

Clayboi Partirole-iconwut? there are lots of banks and institutions than can happily buy at as lil discount as 0.1%, size of us treasury bond market is $28 freaking trillion and it's the deepest most liquid government bond market in the world. if the team or governance want they can trigger a systematic selling of bonds in the secondary market at close as $1

alinonorole-icon

01/10/2025 at 05:42:58 EST

So they actually could convert usd0++ to usd if they wanted to without any loss for them ?

HubristicFarmerrole-iconBetter phrasing of this question: Iโ€™m correct that the usd0usd0++/USDc is not hard coded so thereโ€™s no reason to leave it?

Noรฉrole-icon

01/10/2025 at 05:42:35 EST

Yes and no: borrow rates can spike because of that, forcing you to switch to a new market

Kaelrole-icon

01/10/2025 at 05:42:32 EST

The main problem here: - Usual is NOT a sc@m, people should stop saying that. - The mistake that maybe team made is make USD0++ 1:1 for a time, if this was "1:0.87" since the beggin, everyone will be ok with that. No one like bad surprises, cause even if this was at docs, people just dont read, and if its important, u should make it clear and even yell it. There is no point in put 1 dol in a RWA project that will give me the same 1 dol after 4yrs, even if i win some tokens, cause this way, people will sell the tokens cause it the only way to get some gains. This said, im still with the token and supporting the project, but the "strategy" was not the best, and would be consider a crisis in a web2 startup. BTW, its that @mytwogweis post at Twitter 100% right?

76ixerrole-iconif your plan was always to change the floor price of USD0++ because isn't a stablecoin, why you open leverage vaults on Morpho, Euler, etc vs USDC??? you knew you are going to liquidate a lot of your users!!

BingChillingrole-icon

01/10/2025 at 05:42:06 EST

1-2x is safe ? unless you over-leverage lol. in binance you can have 125x leverage

RangerZrole-iconBravo, so you not only backstabbed users, but also backstabbed ecosystem collaborators. Well done sir.

Noรฉrole-icon

01/10/2025 at 05:41:54 EST

We haven't received one single complaint from partners

HubristicFarmerrole-icon

01/10/2025 at 05:41:53 EST

Better phrasing of this question: Iโ€™m correct that the usd0usd0++/USDc is not hard coded so thereโ€™s no reason to leave it?

Virtusrole-iconSimple question but how do u earn money then ? Just with first alloc ?

Noรฉrole-icon

01/10/2025 at 05:41:35 EST

Team and investors represent 10% of the $USUAL emission, but the whole revenue goes to USUAL stakers (team and investors aren't eligible for this).

Noรฉrole-iconIt's a free market, you can leverage all you want sir

RangerZrole-icon

01/10/2025 at 05:41:05 EST

Bravo, so you not only backstabbed users, but also backstabbed ecosystem collaborators. Well done sir.

Noรฉrole-iconPoeple will say the team is scamming while 100% of the revenue goes to stakers: team and investors have ZERO revenue.

Dakeyrasrole-icon

01/10/2025 at 05:41:05 EST

So if 100% revenues goes to stakers, how does USD0++ increase in value ?

Noรฉrole-iconPoeple will say the team is scamming while 100% of the revenue goes to stakers: team and investors have ZERO revenue.

Virtusrole-icon

01/10/2025 at 05:40:49 EST

Simple question but how do u earn money then ? Just with first alloc ?

famousfxckrole-iconI read this chat and Iโ€™m just astonished how many fools jump into DeFi without having any basic TradFi knowledge.

st4rgard3nrole-icon

01/10/2025 at 05:40:47 EST

Last night I took a really deep look at Usual, Ethena and Pendle because I am looking to park a big chunk of change. Reading that USD0++ had a four year lock and no redemption mechanism was when I decided I couldn't / wouldn't do it. The only way I would potentially want to use this ... is when there's a new Pendle pool forming. That way I can get into the trade and control my duration risk very closely.

Wongrole-iconSo we just ignore the UI which saying I donโ€™t qualify for the vesting?

Noรฉrole-icon

01/10/2025 at 05:40:45 EST

Yes sir, UI doesn't integrate that position rn

Vincentporotrole-icon"Morpho markets with hardcoded prices are safe and will be able to migrate to new markets with similar non-liquidatable properties"- this is from the usual announcement. so I'm asking which markets where hardcoded 1:1 and when do they move? @Noรฉ

Luis Martoi Denjurole-icon

01/10/2025 at 05:40:39 EST

Is Morpho collateral peg safe? Do we know for how long?

Noรฉrole-iconFor USD0 yes, at 1$, and for USD0++ also, but at the Floor.

Clayboi Partirole-icon

01/10/2025 at 05:40:29 EST

wut? there are lots of banks and institutions than can happily buy at as lil discount as 0.1%, size of us treasury bond market is $28 freaking trillion and it's the deepest most liquid government bond market in the world. if the team or governance want they can trigger a systematic selling of bonds in the secondary market at close as $1

CryptoMDzrole-iconBro I deposited $10k usdc on bera vault, when claim is open i will claim 9280$ usd0++ ? That's mean i lost 800$ while I'm just holding stablecoin, Can you explain the situation for me

Noรฉrole-icon

01/10/2025 at 05:40:28 EST

Check the pinned message ser

Wongrole-icon

01/10/2025 at 05:40:23 EST

So we just ignore the UI which saying I donโ€™t qualify for the vesting?

oldjonexxrole-icon

01/10/2025 at 05:39:55 EST

image.png

60.58KB

CryptoMDzrole-icon

01/10/2025 at 05:39:53 EST

Bro I deposited $10k usdc on bera vault, when claim is open i will claim 9280$ usd0++ ? That's mean i lost 800$ while I'm just holding stablecoin, Can you explain the situation for me

RaArฮžs โš“

01/10/2025 at 05:39:47 EST

trying to unstake a bit of this, dont want to sell but i annoying I cant unstake from site, using ledger, any tips ?

Screenshot_2025-01-10_at_12.38.56.png

345.36KB

76ixerrole-iconif your plan was always to change the floor price of USD0++ because isn't a stablecoin, why you open leverage vaults on Morpho, Euler, etc vs USDC??? you knew you are going to liquidate a lot of your users!!

Hi usualrole-icon

01/10/2025 at 05:39:25 EST

Well said

Kosmorole-iconWhy USDO++ have depeg i try to read this chanel but i donโ€™t understand

Noรฉrole-icon

01/10/2025 at 05:39:11 EST

# ๐Ÿ“ฃใ†announcements sir

Kosmorole-iconWhy USDO++ have depeg i try to read this chanel but i donโ€™t understand

Mava (AI Support)role-icon

01/10/2025 at 05:38:54 EST

USD0++ can experience depegging due to market volatility and the lack of an open arbitrage mechanism when USD0++ is priced below USD0. The DAO can unlock USD0 before USD0++ matures if necessary to address this issue. This allows USD0++ to be redeemable for its USD0 if the market price becomes depegged. Reference: 1

footer-iconMava AI Beta

๐Ÿ‘

1

๐Ÿ‘Ž

1

avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘

Close
avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘Ž

Close
alexrole-iconas anything else you have done the last few hours - no matter if free will or not: you only create mistrust. you should know how this all works. you have a community and people who believed in you. why screw them this way. no matter if things can be found in documentation - why is reading all of that, you knew the outcome of this. for me all this creates is mistrust. i will never touch your project again.

Noรฉrole-icon

01/10/2025 at 05:38:54 EST

You literally read a warning explaining that when bonding USD0 into USD0++, it can't be clearer tbh

Rizman ZoomThe team took $1 from customers and bought 4-year zero coupon bonds that are worth $0.87 and paid the $0.13 to themselves as $USD0 yield. In other words the team scammed unsuspecting users of $0.13c on each dollar of $USD0++ acquired through their website. If the underlying is worth $1 then there wouldn't need to be a floor price of $0.87. You can just redeem it at par

famousfxckrole-icon

01/10/2025 at 05:38:41 EST

Whoโ€™s gonna explain overnight repos to this guy

Kosmorole-icon

01/10/2025 at 05:38:35 EST

Why USDO++ have depeg i try to read this chanel but i donโ€™t understand

Lodzhalrole-iconDoes anyone know how Veda etherfi eUSD0++ vault handles this? I would think they knew about this... so it wouldn't be hardcoded to 1:1, it doesn't look like the net value has dropped and the etherfi strategy asset page is not USD0++ but USD0, USDC, DAI and USDT but withdrawal is only to USD0++. So, it's unclear if I withdraw if I'm withdrawing my assets if it's going to peg 1:1 for USD0++ or if I'm getting market rate and I'll be taking a loss as a week ago, I was allowed to withdraw to other assets like what was deposited but now, only USD0++.

Mava (AI Support)role-icon

01/10/2025 at 05:38:27 EST

The Veda etherfi eUSD0++ vault allows withdrawals only in USD0++. The vault is designed to handle assets like USD0, USDC, DAI, and USDT, but when withdrawing, it converts to USD0++. The peg for USD0++ is maintained, so you should be able to withdraw at a 1:1 rate. However, if there are changes in the withdrawal options, it might be due to updates in the vault's strategy or market conditions.

footer-iconMava AI Beta

๐Ÿ‘

1

๐Ÿ‘Ž

1

avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘

Close
avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘Ž

Close
Noรฉrole-iconIt's a free market, you can leverage all you want sir

alexrole-icon

01/10/2025 at 05:38:25 EST

as anything else you have done the last few hours - no matter if free will or not: you only create mistrust. you should know how this all works. you have a community and people who believed in you. why screw them this way. no matter if things can be found in documentation - why is reading all of that, you knew the outcome of this. for me all this creates is mistrust. i will never touch your project again.

andrewdubairole-iconsorry for the late reply but I also noticed that you incread the slow mode..... yesterday the exchange rate between USD0++/USD0 was 0.87 on the unstake section. now it's 0.9235. What happen? we jump directly from 0.87 to 0.9235 without announcement?

Peter Panrole-icon

01/10/2025 at 05:38:25 EST

I see the exchange rate maintains 0.87. Different people can see different rate?

Lodzhalrole-icon

01/10/2025 at 05:38:17 EST

Does anyone know how Veda etherfi eUSD0++ vault handles this? I would think they knew about this... so it wouldn't be hardcoded to 1:1, it doesn't look like the net value has dropped and the etherfi strategy asset page is not USD0++ but USD0, USDC, DAI and USDT but withdrawal is only to USD0++. So, it's unclear if I withdraw if I'm withdrawing my assets if it's going to peg 1:1 for USD0++ or if I'm getting market rate and I'll be taking a loss as a week ago, I was allowed to withdraw to other assets like what was deposited but now, only USD0++.

Noรฉrole-icon

01/10/2025 at 05:38:13 EST

Poeple will say the team is scamming while 100% of the revenue goes to stakers: team and investors have ZERO revenue.

ASrole-icon

01/10/2025 at 05:38:09 EST

Could you please tell me how to calculate the interest penalty for the uusd0++ pt that is due on January 30 when you buy pendle

kobe.herole-iconwhat kind of bond does usyc hold for usual? short term T-BILL or 4-Year T-bill?

Mava (AI Support)role-icon

01/10/2025 at 05:38:02 EST

USYC holds short-term U.S. Treasury Bills as its underlying collateral. Reference: 1

footer-iconMava AI Beta

๐Ÿ‘

1

๐Ÿ‘Ž

1

avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘

Close
avatar-icon

Mava (AI Support)

Mava

๐Ÿ‘Ž

Close

kobe.herole-icon

01/10/2025 at 05:37:54 EST

what kind of bond does usyc hold for usual? short term T-BILL or 4-Year T-bill?

Rizman ZoomThe team took $1 from customers and bought 4-year zero coupon bonds that are worth $0.87 and paid the $0.13 to themselves as $USD0 yield. In other words the team scammed unsuspecting users of $0.13c on each dollar of $USD0++ acquired through their website. If the underlying is worth $1 then there wouldn't need to be a floor price of $0.87. You can just redeem it at par

Noรฉrole-icon

01/10/2025 at 05:37:50 EST

That's blatantly false: the underlying is still 1$, yields, and all the revenue goes to USUAL stakers.

Rizman ZoomThe team took $1 from customers and bought 4-year zero coupon bonds that are worth $0.87 and paid the $0.13 to themselves as $USD0 yield. In other words the team scammed unsuspecting users of $0.13c on each dollar of $USD0++ acquired through their website. If the underlying is worth $1 then there wouldn't need to be a floor price of $0.87. You can just redeem it at par

Alistorrole-icon

01/10/2025 at 05:37:44 EST

My brother in christ, that is not how it works.

YosemiteSam.ethrole-iconLol dude for bonds you pay 90c for 4 year and get 1$. Not the otherway around. If you wanna redeem early you give up on your gains, not your principal . Who would pay 1$ for a 87 cent product unless scammed ? This is a scam, not sure why you are defending it. They lured more people in with Bera brand, people that still put money there 1:1 for a product thats 0.87. Even if you assume normal Usdo++ is not a scam, Bera vault is definition of a scam. Selling something higer there compared to their own website. There were people defending ust before it went to 0

okirole-icon

01/10/2025 at 05:37:37 EST

lol

Clayboi Partirole-iconWouldn't it be possible for the team to sell the bond in the secondary market at close to $1, since these are highly liquid bonds, and then use the funds to repeg the USD0++? isn't that what PAR means?

Rizman Zoom

01/10/2025 at 05:37:23 EST

The team took $1 from customers and bought 4-year zero coupon bonds that are worth $0.87 and paid the $0.13 to themselves as $USD0 yield. In other words the team scammed unsuspecting users of $0.13c on each dollar of $USD0++ acquired through their website. If the underlying is worth $1 then there wouldn't need to be a floor price of $0.87. You can just redeem it at par

่‹ฑ็‰น็บณ้›„่€ๅฐ”role-icon

01/10/2025 at 05:36:51 EST

Your team is losing the trust of your users

76ixerrole-iconif your plan was always to change the floor price of USD0++ because isn't a stablecoin, why you open leverage vaults on Morpho, Euler, etc vs USDC??? you knew you are going to liquidate a lot of your users!!

Noรฉrole-icon

01/10/2025 at 05:36:30 EST

It's a free market, you can leverage all you want sir

76ixerrole-icon

01/10/2025 at 05:36:14 EST

if your plan was always to change the floor price of USD0++ because isn't a stablecoin, why you open leverage vaults on Morpho, Euler, etc vs USDC??? you knew you are going to liquidate a lot of your users!!

SYrole-icon

01/10/2025 at 05:35:11 EST

Team should have made user to buyusdo++ at floor price from the beginning.

Nanirole-icon

01/10/2025 at 05:35:10 EST

Sup๐Ÿคฃ

Clayboi Partirole-iconWouldn't it be possible for the team to sell the bond in the secondary market at close to $1, since these are highly liquid bonds, and then use the funds to repeg the USD0++? isn't that what PAR means?

Noรฉrole-icon

01/10/2025 at 05:35:01 EST

For USD0 yes, at 1$, and for USD0++ also, but at the Floor.

Wongrole-icon@Noรฉ please confirm if berausd0+ is counting for the airdrop vesting requirement, thank you.

Noรฉrole-icon

01/10/2025 at 05:34:30 EST

it is

Wongrole-icon

01/10/2025 at 05:34:26 EST

@Noรฉ please confirm if berausd0+ is counting for the airdrop vesting requirement, thank you.

Clayboi Partirole-icon

01/10/2025 at 05:34:21 EST

Wouldn't it be possible for the team to sell the bond in the secondary market at close to $1, since these are highly liquid bonds, and then use the funds to repeg the USD0++? isn't that what PAR means?

YosemiteSam.ethrole-iconYes exactltc but what if you deposit yesterday ? You had to hold for 6 months. Thats the scam part. Exactly like you said, normally burn rewards and get your PT, but this was made to keep new comers hostage. This is how scams work

BingChillingrole-icon

01/10/2025 at 05:32:37 EST

why u buy usd0++ if you don't plan long term literally said 4 years locked version ? it doesnt make sense you buy usd0++ today tomorrow you want exit ?

YosemiteSam.ethrole-iconYes exactltc but what if you deposit yesterday ? You had to hold for 6 months. Thats the scam part. Exactly like you said, normally burn rewards and get your PT, but this was made to keep new comers hostage. This is how scams work

famousfxckrole-icon

01/10/2025 at 05:32:12 EST

Buddy you need to relax and read the documents thoroughly.

Noรฉrole-icon

01/10/2025 at 05:31:56 EST

Yeah at this point I'm sorry, but I'm answering everyone here and wrote an entire FAQ: if you're not here to discuss, but instead you just throw "scam" around, you'll be insta muted.

keeha OwOrole-iconDoes bera bolt staking period also include in 4 years? Or 4 year starts from wen we get usd0++ from the valut after bera tge

Noรฉrole-icon

01/10/2025 at 05:30:57 EST

it includes it, all USD0++ have the same maturity date

BingChillingrole-iconjust burn the yield u got and you can redeem 1:1 it was written in the doc. looks fair to me you want exit u burn your yield

YosemiteSam.ethrole-icon

01/10/2025 at 05:30:57 EST

Yes exactltc but what if you deposit yesterday ? You had to hold for 6 months. Thats the scam part. Exactly like you said, normally burn rewards and get your PT, but this was made to keep new comers hostage. This is how scams work