Dave.race
From your USD0++?
Dave.race
We're all here, lurking in the shadows!
Usual
Cortina
Gotta start somewhere
SwEePer
You are Right, There are many who are anti-criticism here, market is the judge
Dave.race
But, in the other hand, the fact that this amount of USD0 got locked when they lowered the floor price means we have a good cash-flow for the next 3.5 years
Meaning no additional yield to USUALx
Dave.race
But if USD0++ enters at these prices, that does not bring new USD0 in.
Cortina
Well we're in a bit of a crisis right now. I think it can be overcome but no denying it. Lot of confusion in the market. Big story is USD0++ "depeg" instead of "user owned tether". Will take some time to clear. But lots of arrows in the quiver. Deploying on L2's and Solana. Ethena vault. And then hopefully team has some USD0 partnerships in place. But nothing is going to happen fast. Good news is stablecoins are in a secular bull market so wind at our backs. USD0++ entry at these prices is pretty attractive to large pools of capital.
Economy free
Don't try to see only the good points, but objectively assess the current situation, and based on that, demand and pressure the Usual team for alternatives. It's not always okay to just shout "good" and "good", but it's true that all indicators are clearly getting worse.
Economy free
That's right
SwEePer
@Cortina TVL USD0 continues to fall, dropping to rank 7th , USUAL prices also tend to fall, in your opinion, why does TVL continue to fall while other competitors' TVLs tend to be stable. The question is, how does USUAL want to compete with Theter or Ethena?
KubzThe14Th
was the UI updated in the Dapp in the earn page to show weekly reward? my projected reward got divided by 4 but same APY(ish)
Dave.race
And you're ready to be exposed to the delta?
Cortina
I've said this before but I also think it's a great token for this particular market. Predictions seem split between market top this year or extended bull run throughout Trump's term that surprises everyone. USUAL is a good hedge where I can take some profits now and park it in USD0++ and just stake all my rewards. I'm ready to buy dips and also have a potential flyer if we get an extended bull run.
It's difficult for me to imagine a scenario where someone loses money if they buy USD0++ now and hold it for a year and compound their rewards. Assuming L2 of course.
Dave.race
There might be other hindrances
And also it depends on your geolocation ๐
Dave.race
And gas from Ethereum Mainnet for small amounts, as you pointed out.
Dave.race
There is the risk of it going down to 0.87, but yeah.
If any of you have friends who want to get into crypto but you are reluctant to tell them to buy whatever token I think USD0++ is a really good one especially while it's in the low 90's. They can't really lose money except for smart contract risk. And it's a really good deep dive on tokenomics.
fredchan17999
Oh no ๐๐๐ I see more USUAL being staked now, my partition of the pie become smaller
fredchan17999
1.2 ratio is still a good entry for staking, isnt it ๐ฌ๐ฌ
Cortina
Lol, also true
Dave.race
Since we're at it, the graph (without the noise) really shouldn't be linear, but yeah, I'm being pedantic ๐
You are the team!
Cortina
We make a good team. You catch me on the technicalities while I try to provide a useful mental model
Dave.race
But I appreciate Cortina explaining things much better than I do ๐
mbead1337
Legend, ty!
Dave.race
This arbitrage is debatable, since USUALx can trade up to a 10% discount.
Cortina
The floor price of USD0++ is not coded because it's essentially a forecast of future Treasury yields.
Yah, these are coded rules
mbead1337
Tyvm that's very clear. Last question, what's actually ensuring the behaviour you're describing? The primary market (i.e stake/unstake) provided by the protocol?
Cortina
Yah, the tokens are directly connected in terms of USD price (otherwise there is an arbitrage opportunity). But 1 USUALx is consistently getting more valuable in USD terms than 1 USUAL over time. Simply because 1 USUALx represents more USUAL over time. On day 1, it's 1:1. On day 2, it's 1+ 1 day of yield.
When USUALx unstaked, they take some of the usual out of the vault so you end up with a larger share of a smaller vault.
When usual gets staked though, the new person is putting their usual in. So you end up with a smaller share of a larger pie.
Cortina
Usualx represents how much of the vault you own. If more usual gets staked, you own a smaller share of the vault. If USUALx gets unstaked, you own a bigger share of the vault. In addition, whoever unstaked gave up 10% of their usual and 33% of that goes to everyone else in the vault.
pvp player
If there are team members: is the yt is public?
mbead1337
So holding the same USDC value of USUALx and USUAL will be the same portfolio other than the yield bearing nature of USUALx
*Cortina, apologies
mbead1337
Thanks Corrina, that's much clearer. And I guess the USUALx in the vault is effectively constant?
pvp player
Is the scale factors has been changed? What is the current scale factors? @Mava (AI Support)
fredchan17999
USUALX:USUAL will keep increasing, but the reward you will get mainly based on COMPOUNDED USUAL amount, not only price ratio diff
Cortina
Usualx is a vault that is constantly receiving USUAL. When you own USUALx, you own a certain percentage of this vault. Lets say you own 1% of the vault and the vault has 100 usual in it. You would own 1 underlying USUAL. If tomorrow the vault had 110 usual, your Usualx would now have 1.1 USUAL. That's why USUALx is getting more and more valuable compared to USUAL over time. As @Dave.race chart shows, it isn't perfectly linear because USUALx trades on secondary market so there is some volatility from people selling a lot all at once.
Dave.race
I don't understand what you mean.
Maybe I wasn't clear. USUALx is a yield-bearing asset, this is why it's price with regards to USUAL is ~an exponential curve (with dips whenever someone sells, since you pay a 10% fee if you redeem directly through the dapp)
mbead1337
Thanks - that indeed looks like a staked version of USUAL! So when I unstake, the protocol is using some (hidden) tether that gradually changes as in your graph, plus fees?
Dave.race
It says it's not 1:1
mbead1337
How come the AI bot says the price is not directly linked to USUAL's then? What does unstaking do? Does it sell USUALx back to USUAL at the market implied rate (with 10% fees as you mention)?
Dave.race
USUALx IS staked USUAL. If you look at the price with regards to USUAL, it does fluctuate, but this is because there is a 10% fee when you unstake. You can sell (or buy) on DEXes, it actually rarely (never?) traded at the 10% discount, but it is possible. It traded at various discounts between 0% and 10% historically.
mbead1337
Basically I'm confused about why the docs call USUALx "Staked USUAL" when it seems to have nothing to do with USUAL except the name
(as there are no USUAL rewards associated to it as far as I can tell?)
So, specifically the value is derived from the USD0 rewards associated to USUALx?
mbead1337
Can someone ELI5 what determines USUALx's market price? Is it tethered in some way to USUAL?
famousfxck
You can unstake whenever you want with USUALx
Essam
Hhh they are everywhere ๐
BRNDN
And youll want me to give you my wallet? Sure
Ghdhdvh
Scam
BRNDN
Well, i think its because rewards went from 5mill to 1mill?
How come my USD0 rewards went from 100 down to 21?
Essam
@famousfxck I mean is the 4 year period Start from the day I convert my coins ?
tony_defi
Buying more usual and stake
famousfxck
You can unstake whenever you want
famousfxck
Only USD0++
death_wave
Yo
korkolones
Does the USD0 will also benefits those who are holding in binance ?
Essam
I converted my coins to usualx on 10/1/2025 , so when will I be able to unlink with no lose ? after 4 years ? That is, on 10/1/2029 ? Or when exactly ? And i know that i can unlink at any time from now ( with some loss) Thank you and sorry for my bad English
SwEePer
Read Carefully Dude, You swap your money for example USDT to USDO, Staking USD0 got USUAL reward, Staking USUALx got USUAL & USD0, DAO got revenue will shared to USUALx holder. Im asking you, from where DAO got Revenue?
JaharakaL
Yeah thats why. Now the tooltip text matches the reward number
famousfxck
It literally say that rewards are paid in weekly epoches
I mean if you click on the โiโ of information next to it
JaharakaL
Instead of saying everytime just do your rewards /4 and thats your weekly then just show the weekly all the time
RiskyBusiness
Sure
famousfxck
Before it was monthly but it very confusing. Weekly is better because the epoches are also weekly
famousfxck
Yep true
RiskyBusiness
It looks like that's it, @Noรฉ confirms?
JaharakaL
I think the Projected Rewards changed to weekly instead of monthly
SwEePer
BOT answering BOT LoL
Usual
BingChilling
Get some help bruv
BingChilling
https://tenor.com/view/thanos-i-dont-even-know-who-you-are-marvel-gif-15769006
Babbaragga
It was problably UI mistake, was showing month not week i guess
famousfxck
You have about 589 USUAL in your wallet. This would give you 245 USD0 per year if APY stays the same.
Babbaragga
Mine changed too
famousfxck
I literally checked my APY forecast and absolutely nothing changed drastically
famousfxck
Youโre talking about USD0 APY for USUALx. This dropped from 80% to 75%.
YosemiteSam.eth
you guys are oathetic really
famousfxck
Youโve probably sold your coins or moved it somewhere else ๐คทโโ๏ธ
famousfxck
I checked my APY forecast and itโs the same as normal
Usual
Cortina
Lol, I told you why in my first response. Clearly you aren't interested in learning. Just whining. Sorry I tried to help.
YosemiteSam.eth
only possiblity is rewards were showing monthly but today they started to show weekly maybe ?
famousfxck
You probably did, check again
YosemiteSam.eth
i didnt move my coins, did nothing special
i really wonder what team changed again ๐ to change the projection number by %75
famousfxck
220 to 48 canโt be possible. Probably UI issue or you moved your coins
YosemiteSam.eth
So magically between yesterday and today UsualX staked number gone up 3x ?
famousfxck
One cannot live without the other. Currently 40.5% of total supply is being locked. Without USUALx price would have went lower and creating a lower ROI for USD0++ farmers
USUALx -> reduce selling pressure USD0++ -> creates revenue
YosemiteSam.eth
nvm m8, talking with him. if you cant understand what changed from what i described, have a good day ๐
famousfxck
Please read the whitepaper and other documents here # ๐ใofficial-links # โใfaq
YosemiteSam.eth
so all of a sudden over night, UsualX stakers gone up by 3x ๐ ?
Cortina
What portion of the rewards changed? The USUALx or the USD0?
famousfxck
More USUALx stakers -> less APY ofcourse
BingChilling
Lol dont care
YosemiteSam.eth
ok with revenue switch we should be getting rewards so dashboard changed, it started showing projected rewards , and today those reward numbers changed by %75
SwEePer
I sugest u go sleep, you can get stroke
Usual
Cortina
Are you completely new or have a general understanding of the protocol? Trying to help you out.
Marcelo
Alguรฉm Br aqui?
YosemiteSam.eth
what caused this change over night ?
YosemiteSam.eth
talking about usualx projected rewards, it was always showing 220-208 range and today i checked and showing only 48
Cortina
What rewards are you talking about? USUAL going to USUALx? Could be due to unstaking fees coming in clumps vs 10% of new emissions (dilution protection) coming consistently. Haven't actually looked though.
BingChilling
Lol im in europe. I never online morning in europe cope harder
SwEePer
You Stayed tuned 24 Hours Fan Boy๐
YosemiteSam.eth
anybody know or care to explain ?
zeed
what time is unlock
BingChilling
Yep bro is mentally ill. Ita okay usual is inclusive
SwEePer
Fan BOy you not sleeping ? you live the same country place with me LOL
Babbaragga
The risk is not on usd0 becouse they are recieving much more then the underlying asset. You are pretty much inverting things...
Kix
@Noรฉ ?
YosemiteSam.eth
why projected rewards dropped by %80 over night ? any changes ?
BingChilling
Usual is the profit of usd0 lmao. Not the other way around.
BingChilling
Usd0 -> usd0++ -> usual -> usualx -> usd0 ? U sucking yourself bro
SwEePer
@N0รฉ From this game I conclude that Staking USD0 analogized is the Host and Staking USUAL(USUALx) is like parasite that sucks profits from its host. IF TVL continues to decrease and people no longer interested caused by the 4-year lock Regulation and its penalties, this will have impact to the profit for STAKING USD0 (got USUAL as revenue) no longer be attractive. This means that DAO's profit which got interest from USbond also decrease. The profits that will be shared to USUALx holder will also be less in the future. This situation is not good for the future. What should the USUAL Team do to attract people to stake USD0 and make TVL grow again?
0xTimH
Yeah so exactly what time is this?
Noรฉ
Itโs not a random number
It reflects interest rates and so on
Noรฉ
Because the Floor is based on mathematical and economical factors outlined in our docs
famousfxck
@thefurleyghost.
thefurleyghost.
So price was changed to .87, cool Iโm over it. But seems like no one, or very few understood this could/would happen. So what is stopping team from changing floor price to a different number tomorrow?
BingChilling
Yes pretty sure saving account give u more yield but penalty if you withdraw
flyingfish
I agree to keep it but adding some precision about it can avoid misunderstanding that's all
flyingfish
yes yes I know but it's about the depeg you don't expect that when you think classic savings account, you don't know that during your lockdown you can lose value
famousfxck
Nobody puts money into a savings account to withdraw a few weeks later
famousfxck
I mean itโs basically a savings account, so you need to hold longterm
flyingfish
I was trying to remember why I thought at first that USD0++ would stay at 1:1 with USD0 and it was here because of the words "saving account" I don't know how, but this should be rephrased or add some precision like the 1:1 redeem of USD0++ tokens are guarenteed only after the 4 year lock up ended
devisse.
๐๐ฅ
Kix
The top 1.5% of airdrop users unlocks with vesting with vesting starting tomorrow. It is all outlined in the usual airdrop article
famousfxck
Staking USUALx will give you USD0, not USD0++
famousfxck
Read # ๐ฃใannouncements
famousfxck
Pretty sure they already unlocked 10%
เธญเธฒเธเธฒเธฃเธขเนเนเธเธ
and how long autocompounding can be caculate now I stake for 12day and it show 0
เธญเธฒเธเธฒเธฃเธขเนเนเธเธ
so if I stake Usual into Usualx via web3 binance wallet the reward claim counted ?
famousfxck
That was 1 month ago lol
0xTimH
At what time exactly is the first portion unlock of the $Usual airdrop claimable tomorrow?
famousfxck
Gabee
Good evening sers
Noรฉ
don't worry, should be counted sir
Wong
The UI still doesnโt show berausd0 as vesting requirement, I hope it wonโt affect my claim later today, it shows I have 0 usd0 and nothing to vest
Dave.race
Does anyone know if the tokens unlocked from the airdrop are in USUAL, USUALx or USUAL*?
endofline
@Noรฉ Hi, any plans to add USUAL/USD0 to another chains?
0xjmslnr
tech.usual.money/overview/architecture
0xjmslnr
https://docs.usual.money/resources-and-ecosystem/smart-contracts
famousfxck
Great read
Maxwell
yep
kiratsunami
do you do audit using solidity ?
Gabee
Hello Ser this is the second time I see this adโฆ
Rex | DeFiSafety
DeFiSafety is doing a review of Usual protocol. We could not find a link to your GitHub. Where is it?
famousfxck
Ayo ๐
BingChilling
Wut?
nuttcrackerjack
This seems to favor team, or am I reading it wrong. Fresh money
Noรฉ
quite similar tbh
and it's 2-6 months of yield usually
and if you sell a CD before maturity there's penalty
Noรฉ
Well yes, same with USD0++
BingChilling
Same there no risk of principal either in usd0++
dilly๐ปโ pirate
wen reward will distribute in arbitrum
Ekosone
There's no risk to principal when you buy a CD
Noรฉ
BingChilling
What about certificate of deposit? Your value still $1 if u farm pendle or bera or other protocol
zxcbenzene
It was kinda stable before, and whatโs the reason a lot of people bought it at price of 1$ if everyone else can buy it with discount now? In tradfi if you buy bond, you would buy it at price of 0.87 then sale at price of 1$ at maturity. Then why it was at price of 1$ from the start?
Gabee
Why peg at 1$? Usd0++ is not a stable coin
famousfxck
Buying USD0++ at 0.91$ might be a better opportunity than buying Usual now ๐
Bullish news next week
fredchan17999
Check # ๐ฃใannouncements bro
nuttcrackerjack
Susde
nein
โข A stability buffer for extra USD0++ safety nets โข A stability lending module to power continuous liquidity for USD0++ what is that supposed to mean
0xTimH
Doesn anyone know at what time our first unlock of Usual will be claimable?
famousfxck
You need minimum OG role, you will get those role by being active
Usual
Kattankudi
01/17/2025 at 11:39:17 ESTCan I ask if users will get Ethena points in the new iUSD0+ Vault, or will Ususal team directly take away these points?
flyingfish
Why i can't write on the suggestions Channel anymore did i say something wrong ? @Noรฉ
fredchan17999
USD0 (not USD0++) is stable coin and surely backed 1:1 by RWA, that is described in the doc bro. Its price aways be around 1$
Studio
So a stake able stabil coin 1:1 with the usd
Aper
Is there the actual time for the USD0++ early redemption rate change per week?
fredchan17999
Actually you better learn it yourself and then ask here for more specific questions To start learning it, there are # โใfaq and # ๐คใtroubleshooting channels for basic information, and then the website docs and white paper for deeper details
Studio
Thank you in advance
Can anyone tell what this project is all about?
Hello all
famousfxck
@Mava (AI Support) Btw why does the Usualx-to-Usual ratio sometimes decrease? Isn't it just that it requires more Usual to get Usualx over time? Is the decrease only affected by the swap pool?
Kattankudi
01/17/2025 at 10:57:08 EST45000000
Nuwan Dimuthu
GAL XE taak reward how to claim
Nuwan Dimuthu
Ga lex reward ?
BingChilling
Lmaoo
Nuwan Dimuthu
Hello how to claim reward
goodboy | best good boy
I could have share more t-bill yield!
goodboy | best good boy
As a USUAlX big holder, I disagree with your opinion, if we have to trap people, we focking trap more!! Trap them when TVL > 5B
BingChilling
Naahhh it needed to be happened it better to do it now than later. More people will cry more peole didnt read the whitepaper. More fud
goodboy | best good boy
But I know team made wrong decision, stop TVL increasing in bull market == suicide
goodboy | best good boy
I also hold, both usualX and usd0++
devisse.
No matter how loud you yap. ๐
We hold.
goodboy | best good boy
Trump on stage, and crypto great again.. but nowโฆ no TVL increase more
It could have been the star in this cycle
goodboy | best good boy
look at this price! Team predict bear market week ago, and shut down the USD0++ 1:1 tunnelโฆ now what? Market change, but USUAL could not be the star again
ptitspapiers
4500w? I don't understand the measurement sry
Kattankudi
01/17/2025 at 10:16:23 EST4500w
ptitspapiers
How many tokens will be unlocked tomorrow as this can have a huge impact thanks
famousfxck
104K crazy prices man
Usual
Kattankudi
01/17/2025 at 10:02:26 ESTCan I ask if users will get Ethena points in the new iUSD0+ Vault, or will Ususal team directly take away these points?
BingChilling
i don't know lol because is depend on the outflow at that time
famousfxck
https://tenor.com/view/sniper-call-of-duty-pacific-cinematic-marksman-sharpshooter-gif-24122356
Drak
Thanks for reply but if you dont know the answer, pls dont change the topic
BingChilling
ignore the math since the parameter will depend on outflow. what the reason you staking usd0++ ?
Drak
@BingChilling Hi mate, do you know this?
Drak
For example Iโm staking USD0++ and in profit with 100 $USUAL, the daily reward is 1 $USUAL. So I need a fee of 6 month = 180 $USUAL to unstake USD0++ to USD0 at rate 1:1, right? So that means I lose all my interest (100 $USUAL) and need to buy another 80 $USUAL to pay for the fee?
BingChilling
alt already slaughter they use alt Money to pump BTC to trap retail when trump inaguration and MM will short BTC and alt will go to zerooo
Drak
What does this mean โThe $USUAL contribution for unstaking is capped at the equivalent of 6 months of $USUAL rewards at the current daily rewards rate per USD0++.โ? @Mava (AI Support)
Gothicowiec
They can Put much tokens
Gothicowiec
Not really. Because,Yes, tomorrow is the first unlock for whales with a vested airdrop
famousfxck
Some people donโt understand that price moves by ask-demand. I thought it was common sense ๐คทโโ๏ธ
famousfxck
Youโre asking if someone can predict the future
Gothicowiec
What happen with price usual? And if bitcoin down to 90k?
๊ทธ๋ ์ด์ค
I understand that When staking begins, if the ratio is 1 USUALx = 1 USUAL, then staking 1000 USUAL will be converted into 1000 USUALx. Over time, as the value of USUALx increases, this will eventually result in 1000 USUALx = 1100 USUAL.
Economy free
Yes you right
Drak
Where is protocol revenue come from? @Mava (AI Support)
Economy free
scared...
๐ฅถ
Noรฉ
Yes, tomorrow is the first unlock for whales with a vested airdrop
Economy free
there's a few million USUAL tokens being released to airdrop farmers tomorrow ???
Noรฉ
"employees" triggered that
๊ทธ๋ ์ด์ค
I can't find any Usual0 balance . it's been a month
Gabee
@Mava (AI Support) Can you tell me what rewards will be distributed to usualx holders?
๊ทธ๋ ์ด์ค
Yes I am staking Usual and it's changed Usual X
Gabee
@Mava (AI Support) What rewards will be distributed to UsualX holders?
๊ทธ๋ ์ด์ค
Why is that?
Gabee
Yes, the rewards will come from next eek
Jimny2024
You can search dialog, i heard from a MOD here or on Speculative chat room.
sssswโrd
good news. where can i find the details
famousfxck
Oh yep tomorrow is ๐ฅถ
Gabee
Only copy your address (0x...), no need to connect with metamask
๊ทธ๋ ์ด์ค
I am staking through the Binace Web3 wallet, but debank only allow the Metamask.
Gabee
Ah all good! Use debank then
๊ทธ๋ ์ด์ค
No, I am staking on USUAL.MONEY their website.
Gabee
Withdraw your usual to your rabby wallet. When you stake on Binance, you miss on benefits and rewards UsualX rewards in USD0 too
๊ทธ๋ ์ด์ค
I am using binance but they don't have access to Binance only Metamasks
Gabee
Check debank or use Rabby wallet
JaharakaL
@๊ทธ๋ ์ด์ค Check your debank
๊ทธ๋ ์ด์ค
I have been staking on USUAL for over more than a month on Usual.money , but there has been no change in my balance. How can I verify this? The quantity of my holdings hasnโt increased, so how can I confirm whether the APY is being automatically compounded?
Usual
sssswโrd
@Noรฉ Can I ask if users will get Ethena points in the new iUSD0+ Vault, or will Ususal team directly take away these points?
Ekosone
Ain't going parabolic when there's a few million USUAL tokens being released to airdrop farmers tomorrow + inflation
NovatioLegis
Good?
famousfxck
Very low float
famousfxck
Parabolic
vikry99 | CLONE |Voltix.ai ๐พ
01/17/2025 at 08:09:39 ESTh
Dave.race
@Noรฉ I second that. I get banned about twice a week for I don't know what reason sometimes, even though I (mostly) try to explain the product to users. I think you guys catch too many false positives. Maybe change the ban from 1 hour to 5 minutes? Or give a warning first? I'm not sure what is the correct way to still prevent the scammers to write, but not catching so many false positives...
Usual
0xjmslnr
(But we are talking about USD0 listing, not USUAL)
NovatioLegis
Wrong
0xjmslnr
Usualx autocompound
Go to debank.com/profile/
star_devims
????????????????
ravished
I saw an x post that usual will be on kraken but I couldn't find it when I looked.
0xjmslnr
probably waiting approval from the new administration in the US to list it
Sir_V
@Noรฉ will the team be sharing more insights/giving more visibility on the Protocols roadmap? What is the team working on? What can we expect next? Get us excited... ๐
Moh
Why my amount of usualx token doesn't increase on my wallet but the amount of usual token increase on debank app? And when i try to swap usualx to usual the amount of usual earned are not included on the swap?
famousfxck
Think a lot of exchanges were already discussing listing USD0
famousfxck
Very high chance thatโs gonna happen
Fadi
3.5 m USUAL ๐
0xjmslnr
so the key is to have USD0 on CEX, and CEX having USD0++ product available, then it's going to be very bullish for USUAL
Gabee
How much we're talking? ๐ค
Gabee
Depends
Fadi
Are you flammable ? ๐
Gabee
Hello my name is 0x000, how are you doing?
0xjmslnr
so even if the minting rate, increase a little bit everyday this week, at least the Early redemption fee/burn is making less worst
https://dune.com/queries/4532780/7566735 more than 43% now
and a lot for holders, that's why probably staking % is increasing a lot these days
so right now, it's burning around 20/25% of the daily emission from the protocol
sueta
sueta
800k burned, 300k to holders, why 1.6kk to the holders?
Jimny2024
I think 2/3 to UsualX holder. Team members/investors have none of them
0xjmslnr
yeah, correct - I don't know why I keep writing Usual+ ๐
so +3% for holders in 24h, nice
0xjmslnr
so 800,000 tokens ๐ฅ in the last 24h, and 1,6M redistributed to holders
sueta
1/3 burned, 1/3 going to USUALx holders and 1/3 going to the usual team and investors
Ekosone
Usual + you mean USUAL*, coz yh that'd mean Usual team and investors pocket
0xjmslnr
1/3 ๐ฅ , 2/3 to Usualx and Usual+ holders
sueta
1/3 from early redemption going to the usual team and investors, its mean usual team vault or what?
0xjmslnr
Nice, perfect, thanks!
PveFarmer
Is there going to be a vesting claim dashboard or are we just using the same one as the airdrop?
Noรฉ
You can see itโs already burned
Here
Noรฉ
https://etherscan.io/tx/0xf4b5ad0636fefb1b804103a393b89cdc0e4b4fdd6d55d001489397e9a6c9a4e9
0xjmslnr
and when the burn is done, it would be good to get this number somewhere in the app (even it doesn't really means anything because we are printing more everyday ๐)
Noรฉ
Not all tokens are displayed on that address - but Iโm triple checking, afaik itโs just not burned yet
0xjmslnr
what is it?
0xjmslnr
yeah, that's what I thought, is it done manually weekly for now? Better getting ready for the post on social media about the first burn ๐ฅ
Noรฉ
Iโll ask (you can also ask directly to Veda, itโs their infrastructure)
Noรฉ
Yeah I checked, I think that just like for the redistribution, itโs not automatic rn indeed
0x_mate
hey why dont i see rewards on veda dapp? you said it will be fixed within 7 days from vault opening day
0xjmslnr
or maybe because the process is for now manual, so the "burn" was technically not done yet?
0xjmslnr
I know... but balance is 0 so far https://etherscan.io/token/0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E?a=0x0000000000000000000000000000000000000000
Le Tran
when stake Usual on arbitrum sir ?
BingChilling
retail not buying btc lol retail indicator is xrp so yeah bull run almost over every that wanna buy already buy
Noรฉ
Itโs 0x000000โฆ.
DV
xrp stake in usual would be dope af
0xjmslnr
which one? Could you share it please
Noรฉ
It does go back to a null address tho
0xjmslnr
Hmm so 67% goes to USUALx/+ holders and 33% suppose to be burn, but I don't see any burn address ๐ค
Gudex
@NoรฉHello bro, what is the determining factor of Ut, will it become larger if TVL decreases, or will it become smaller if the price of usual tokens increases?
Gabee
Who knew the 2024 bullrun would be about XRP
famousfxck
57B supply lol
We had 8 years time to buy XRP below 0.50$ damn
XRP to 10$ was a meme but now could be reality lmfao
brumbrumbrum99
I ll do thanks man
DV
Im not here for a hobby nor do I rely on usualX for all my income. I actually havent sold a single usual all this time, all staked
Noรฉ
I donโt know if itโs dropped or claimable tbh, could you open a ticket and Iโll get back to you?
brumbrumbrum99
yeah I know it counts, but I would like to know how is going to be dispached, I would receive the tokens tomorrow? automatic? thanks man @Noรฉ
BingChilling
i'm pretty sure everybody here waiting usual goes to 0.3x are you high blud ?
Noรฉ
Noรฉ
Agreed, but itโs also a bit hypocritical to say that and then say to people that theyโre circle jerking
DV
there's both sides, anything can happen for any reason. Fud and toxicity should be avoided by users
Noรฉ
I donโt even know what youโre talking about
BingChilling
paxos is mentally ill i said it i called it lol. i'm just users blud omegalul and i hold BUSD before i think i have a right to say as previous customer
Noรฉ
Emotional behavior for people defending the project, but when a guy is concerned because the CEO canceled an event, itโs not emotional ๐
DV
so calling your compatitors mentally ill isnt disrespectful?
Noรฉ
Nah youโre just being disrespectful tbh
NovaByte
๐๐๐Make USUAL Great Again ๐๐๐ ๐
DV
do I look like I circlejerk towards anything? There's two guys at minimum that are defending their bags like all their networth is dependant on it. Too emotional behaviour, also kinda toxic. People have legit concerns because obviously we cant read docs, so theres that ๐
Gabee
You said two guys circlejerking everyday, so I was asking, who else besides you ๐
Noรฉ
Noรฉ
Well, if you opened a ticket like everyone, I couldโve told you that even if itโs not displayed in the UI, we count it
brumbrumbrum99
hey, tomorrow first batch of vested airdrop tokens for whales, and the LP problem is not solved, the system didn't recognize the Pendle-LP as valid for unlocking the vested airdrop but it is valid. the team should say something about it, how to solve the problem?. @Noรฉ
DV
who else what
Gabee
You and who else?
famousfxck
# ๐ฃใannouncements
fredchan17999
You can check it on dune bro
roaringkt
what's the penalty for early unstaking
roaringkt
Can I unstake USD0++ now?
Talal
It will be useful if you add usualx/usual chart
Fadi
@Mava (AI Support) please block scammer @ grasssupportt
xun2x
Somebody make money, when sell before reset and buy immediately after reset. Price can not down below 0.87. Right ?
GHprocure
Please pump usual for me...
DV
everyday same 2 guy circlejerking each other with their unusual bags defending ๐
Jimny2024
As i know, the early redeemtion and unstaked UsualX fees will be hold in treasury for few weeks before manually redistributed to UsualX holders. After that, it will be done automatically Hence, they'e not eliminated from circulation.
Usual
Gabee
@famousfxck help I need help ser.. I lost my shoe can you help me find it?
Noรฉ
I'm double checking, but afaik iirc is going to USUALx
Fadi
Przyborleone | DW
guys where im getting rewards for staking USUAL ? i keep it for weeeks now and 0 rewards ๐ฆ
famousfxck
As the USUALx stakers increase, swap rates get better. So you should get better rates gradually
HanselR
I can see how increase my number only in DeBank
HanselR
I try to unstake and same number from the first dayโฆ.๐ฅน
Noรฉ
You can check on Debank sir, or by trying to unstake on the dapp
HanselR
only i see the number of usuals are increasing in the DeBank
HanselR
then why appears the same amount all time in my dApp?I mean why I can see how increase the number?
Noรฉ
They already do sir!
HanselR
Sorry, I didnโt see your reply! But if I prefer that my new USUAL goes directly to staking to generate more revenue, what do I have to do?
Noรฉ
I answered to you above sir
HanselR
@Noรฉ I know we arenโt in a relationship but are you making me goshting?
Virtus
Absolutly, I totally understand that the people like you trying to explain the same things all day can be a bit on tension - thx for the job
Noรฉ
have a great day ser
Noรฉ
People/supporters are a bit tense here since the last events, I can understand all sides tbh a lot of assumptions everywhere
HanselR
stop!!!leave him breathe he is kissing the ground
Virtus
And i'm absolutly glad to hear that, once again, as someone who invested some money early. And i'll hold, so I hope famous guy can chill a bit and not go mad from one or another simple question
Noรฉ
USUALx doesn't increase, it's a vault share (your share of the rewards). What increases is the amount of USUAL you can withdraw with the same amount of USUALx
Virtus
Won't even respond to that tbh, have a nice day - i said nothing terrible, take a brake
famousfxck
I donโt even care if Pierre Person paints his hair in pink as long as he delivers
We only care about numbers thatโs it
Imagine someone asks this about a company listed on the S&P 500
HanselR
@Noรฉ ๐ค๐ป
famousfxck
Bro ridiculous questions, like absolute ridiculous
It could be bad scheduling, missing flight, no visa, personal issues with family, being sick nauseous
BingChilling
Your opinion from twitter bro. U blinded and biased. U can see circle also canceled. Only grift line up like paxos lmao. Remember busd that paxos stablecoin where is it now?
Virtus
Is it forbidden ? Chill, mate
Virtus
No, I was just surprised by the cancellation AFTER the floor price fud
famousfxck
Itโs even ridiculous to discuss about this lmfao
HanselR
yeap!!!i think it is called marketing??could be??๐
Virtus
By investor I simply mean that i hold USUAL/USD0 etc
famousfxck
So someone not attending a convention is regarded as FUD now? Why did Circle USDC also not attend?
The real founder is working his ass off everyday. And is not promoting it on conventions that nobody cares about
Virtus
With all due respect, if you're not someone of the team, I suggest you to take a bit of distance about this - As an investor of the project I can be worried with all the fud going around, what would be the point to be blindly bullish all the time ?
Noรฉ
true
famousfxck
Im literally bearish if founders attend every crypto convention
Noรฉ
how do you know tho
BingChilling
Paxos in there lmao. I think people who listen paxos talk about stables mentally ill. Busd literally delist. Circle and usual pull out.
famousfxck
Why did @Noรฉ take 3 minutes to sip his coffee this morning then the usual 9 minutes?
Noรฉ
1. It is not unusual to cancel events (Circle also cancelled) 2. What's unusual about a CEO cancelling events in order to focus on his company after a bad buzz? That's more of a green flag if you ask me.
famousfxck
Why did Pierre Person step out with his left leg this morning instead of his right leg?
People are asking ridiculous questions lately
HanselR
@Noรฉ Good morning sir!!!one questionโฆ.why always appear in my dApp the same namber of USUALx if we suppose that stake is compost??I check in DeBank and i can see how increase the number but not in the dApp!!furthermore if i simulate a swap from USUALx to USUAL the number that it provide me including the 10% fee doesnโt match
famousfxck
Circle USDC also cancelled it
Virtus
Hi, why did Pierre Person, founder of the project, cancel his attempt to Stable Summit ?
BingChilling
Partner with coinbase. Allow cbbtc to be collateralize. It will inevitable the cause of btc liquidation cascade. For now higher
famousfxck
All we need is a pump to 0.90$ to start this thing up again ๐ซก๐ฅ
Morpho going to the moon
BingChilling
Ive told u guy just buy fartcoin
famousfxck
Fartcoin at 1.45$ bro ๐ญ๐ญ
Wow btc at 102K crazy
LN123321
do we have any plan to list uso0 ?
LMEOW
there are various reasons for it to go higher again ser faster than people anticipate. One is expected future profit
Gabee
GM everyone and donโt forget to stake your usualx
BingChilling
0.93-0.95 No reason to go 0.98-0.99
The Faceless Shepherd
What do you think the rate will be stabilized at after all of these are implemented?
BingChilling
Underlying susde so depend susde always peg or not.
BingChilling
Resolv just ethena copy paste lol nothing new
sssswโrd
i m back
Zezzy
What are the differences between circulating supply and total supply? I see 30M but can't firgure out where they are from?
ptitspapiers
What do you think will happen when people receive their reward?
LMEOW
they always adjust it according to incoming data. Data was good so more cuts coming if it stays like that.
biyoshi
Will the sUSDO always peg 1:1 with USD0++?
biyoshi
What is the reward for staking at iUSDO pool?
JACH
If more people get out, the price can go down?
famousfxck
Pendle is god DeFi
FlyingArrowz
lmao the market is funny af. no rate cuts market dumps to btc 90k, then room for rate cuts it goes back to $100k.
famousfxck
# ๐ฃใannouncements
FlyingArrowz
yeah i getcha haha. when usd0++ went down and i knew i cant get out without having some loss on 30 jan 2025, was looking at other stuff like resolv and knew im gonna miss it. but then again... looking at it at bigger picture, sometimes it's better not to go around chasing stuff lol. so oh well, just gonna roll my PTs till june and re-evaluate
basedscarf
Ethena
ananasbrb
first USDO payment is expected this week from the revenue switch correct?
JACH
In english? XD
basedscarf
Ethena integration vault
TauroFTW
New Curve pool soon. wen?
BingChilling
Yes some people think otherwise. So the want farm fee and protocol token
hell0men
I think no, solo getting highest yield
JACH
Whats iUSD0?
BingChilling
If u think uni/pendle outperform usualx in furture. Then you can farm lp there
famousfxck
In my opinion, just wait for good rates. Floorprice will gradually go up again. New Curve pool soon. You could also deposit in the new iUSD0 pool soon.
famousfxck
Depends if youโre here short term or long term, if you donโt want to hold for like 6 months then just sell at current rates or pay the redemption fee
JACH
I just stake USUAL two days ago, but since then I noticed that USUAL's reward has already dropped by 20%. Has it been going down steadily? or does it go down and go up again?
Finance Geek
so what should i do with my usd0++ which is locked for 4 years
famousfxck
And I finally hit my target by staking USUALx ๐ซก now just 2.5 more months staking I will have a moonbag
Mr. Lin
E.g. on Pendle you receive $Pendle, whilst also locking some of that into Pt for fixed rates
famousfxck
Correct, no not a LP. Because youโd hold LP tokens instead of USUALx.
Mr. Lin
Different types of rewards ser
hell0men
So whats the motivation to be LP on Uni / Pendle so?
Mr. Lin
If you do LP with it you lose out on the rev switch rewards
Mr. Lin
Only for those who hold it ser.
ananasbrb
Is this actually correct? @Noรฉ / @Mr. Lin ^
ananasbrb
hey - a question about USUALx. BY simply holdin USUALx in any wallet, I am eligible to recieve the rewards in that wallet right? I dont need to specifically "stake" my USUALx on the USUAL platform? eg can I use my USUALx in a liquidity pool, and still earn rewards in USDO?
Hein Htet Zan
yes nice to meet you bro
Hein Htet Zan
Hello everyone, I'm new here
BingChilling
Last cycle crash because btc loan by celcius. This cycle crash because coinbase btc loan by morpho. But for now higher
Upside potential still very high Just need some demand
But mcap is very low so i wouldnt mind it
BingChilling
Agree it high but not forever. Worst case you only need to hold 3 years. Next btc halving dont have this problem
fredchan17999
What you mean?
Usual
Rohan
Soo that no one can ask anything about this
They even put ban to use the platform name in this chat
They really did well with task participants
xun2x
Usualx has 2 component fluctuate, usual price and apr. Am I right ?
Usual
xun2x
Just look around. Defi apr usually very fluctuate. Thats way I ask
Lucas
Do you want to stake it ?
xun2x
What is your opinion about usualx apr ? It is very high. You mint usual and usd0. But is it sustainable apr ?
Dave.race
Yup
ravished
then you have to close your short for good and get on the train
Dave.race
Yup, that'd be great!
ravished
hopefully enough people will catch on and this thing will start to take DAI
I believe in the project, I prefer to look at it like a real estate investment, just buy, hold, collect USD0
Dave.race
Oh, yes, ofc. I didn't think that was the question. Of course I don't have the delta down, but also not the delta up.
ravished
you will have plenty of time to balance the position before liquidation
ponchomaz
thats what I was going to say, I have seens crazy things too
Dave.race
2 I'm still fine, but 3.5 would liquidate me. And I highly doubt it would jump to 3.5 in a moment! But we've seen crazier things.
ravished
funding on the short might flip positive though
ravished
he misses all the delta
ponchomaz
Fully, what if price pumps to 2?
Mr. Lin
Loving the discussions
Dave.race
It's all about EV and variance in my world. But yeah, it's not always clear how to compute everything correctly.