#
๐ฌใgeneral
Join the general discussion about Usual. Exchange ideas, ask questions, and share your thoughts on the underlying technology, use cases, market trends, and more. No price talks here!Page 2 of 2
Nanobro
impressive update. cheers to team. is it a long-long term plan, or the team is really big enough to push these in few months?
The article outlines the basics, and specifies that it'll be simple at first and more comprehensive in the future. It's basically an overview of what it'll initially look like, without specifics on the parameters: very common.
The introduction of your message already takes a stance on everything, assuming it's basically not fair: not quite surprised on that since the few messages you have on this server have also been to criticize and make false assumptions 
Again, as previously said, the article shows the overview of what governance will look like. Yes, there's neutral questions that can be asked, but starting by saying "Vetoing really isn't voting", "The devil is going to be in the details", unlike what you say, isn't "natural questions" and "not dealing with the implications". Only that already shows that you're not really here in good faith and in a neutral position.
Also, as previously said, it's not like governance models in crypto work. The vast majority of them don't, and there's numerous examples of it. Usual, since the beginning, has always been about changing broken models by innovating and balancing incentives: so that's what we'll do for our own governance.
One of the main feedbacks was about feature implementation not being transparent enough, well, less than two weeks after that, we're here, outlining how we're going to fix that, and confirming that the proposals in the article will go through that process. That's good faith, that's building, that's hearing the community.
Btw, I'm not here to argue tho, and I've already answered you; so if you have any suggestions tho, feel free to share them!
vmele
Jeez, right to an ad hominem attack on me.
I haven't speculated anything. I'm asking questions that are the natural result of what you published. Either you have made decisions that are to be relied upon (i.e. everyone will be included, it's a veto system) or the governance architecture isn't detailed and the things in the post have not really been decided. You can't have it both ways and not deal with the implications of what you're implementing.Noรฉ
The article outlines the basics, and specifies that it'll be simple at first and more comprehensive in the future. It's basically an overview of what it'll initially look like, without specifics on the parameters: very common.
The introduction of your message already takes a stance on everything, assuming it's basically not fair: not quite surprised on that since the few messages you have on this server have also been to criticize and make false assumptions
Again, as previously said, the article shows the overview of what governance will look like. Yes, there's neutral questions that can be asked, but starting by saying "Vetoing really isn't voting", "The devil is going to be in the details", unlike what you say, isn't "natural questions" and "not dealing with the implications". Only that already shows that you're not really here in good faith and in a neutral position.
Also, as previously said, it's not like governance models in crypto work. The vast majority of them don't, and there's numerous examples of it. Usual, since the beginning, has always been about changing broken models by innovating and balancing incentives: so that's what we'll do for our own governance.
One of the main feedbacks was about feature implementation not being transparent enough, well, less than two weeks after that, we're here, outlining how we're going to fix that, and confirming that the proposals in the article will go through that process. That's good faith, that's building, that's hearing the community.
Btw, I'm not here to argue tho, and I've already answered you; so if you have any suggestions tho, feel free to share them!
sueta
200kk mcap with 1.2kkk tvl market will not agree with that, trust me
yurchik_88(ร,G)
Heloo0 friends what about galxeee is there any news?
Well, first of all the governance architecture isn't detailed rn, so everything here is just assumption/speculation. Everyone will be included, as explained (USUALx, USUAL*, USD0++), and it is explicitly written that it'll be simple at first and then more sophisticated and comprehensive.
Or do we want a classic snapshot governance model which also never works for most of the protocols and doesn't innovate at all?vmele
I haven't speculated anything. I'm asking questions that are the natural result of what you published. Either you have made decisions that are to be relied upon (i.e. everyone will be included, it's a veto system) or the governance architecture isn't detailed and the things in the post have not really been decided. You can't have it both ways and not deal with the implications of what you're implementing.
Dave.race
I really need to read the blog post x)
It's not like governance in crypto already has a standard template that works
Vetoing really isn't voting because as this states, "contributors" which is undefined, submit a proposal that will automatically be approved unless there is sufficient no votes. The devil is going to be in the details on who can submit these assumed-approved proposals (i.e. who are 'contributors'? And what the veto threshold will be, i.e. is it a percentage of circulating tokens because then the burden is on the 'no' campaign to find enough liquidity.Noรฉ
Well, first of all the governance architecture isn't detailed rn, so everything here is just assumption/speculation. Everyone will be included, as explained (USUALx, USUAL*, USD0++), and it is explicitly written that it'll be simple at first and then more sophisticated and comprehensive. Or do we want a classic snapshot governance model which also never works for most of the protocols and doesn't innovate at all?
Yes and no. If their circulation is put into the needed quorum number, then it's unlikely things can be vetoed. Governance tokens are where governance should happen, not the passive asset which people will buy as an investment.
Clayboi Parti
agree but since their usd0++ are locked for 4yrs they should have a say
vmele
Yes and no. If their circulation is put into the needed quorum number, then it's unlikely things can be vetoed. Governance tokens are where governance should happen, not the passive asset which people will buy as an investment.
Vetoing really isn't voting because as this states, "contributors" which is undefined, submit a proposal that will automatically be approved unless there is sufficient no votes. The devil is going to be in the details on who can submit these assumed-approved proposals (i.e. who are 'contributors'? And what the veto threshold will be, i.e. is it a percentage of circulating tokens because then the burden is on the 'no' campaign to find enough liquidity.Clayboi Parti
ig they'll take usd0++ into consideration for the veto which is really nice
vmele
Vetoing really isn't voting because as this states, "contributors" which is undefined, submit a proposal that will automatically be approved unless there is sufficient no votes. The devil is going to be in the details on who can submit these assumed-approved proposals (i.e. who are 'contributors'? And what the veto threshold will be, i.e. is it a percentage of circulating tokens because then the burden is on the 'no' campaign to find enough liquidity.
Clayboi Parti
well though blog hope it'll all be added soon, time cost factor should be 1-2 months ig, it'll burn a lot of usual
JaharakaL
Not again 
Mava (AI Support)
The new floor price for USD0++ is proposed to be $0.92 USD0 per USD0++. The implementation timeline is under analysis, and a proposal will be presented for voting soon. The amount of USUAL required to burn for redemption is calculated based on the current USUAL rewarded per USD0++, an adjustment factor based on weekly outflows, and a time cost factor.
Mava AI BetaClayboi Parti
when will the new floor price be implemented, How much usual will be required to burn?
Noรฉ
# ๐งใspeculation
Mava (AI Support)
The Usual protocol has mechanisms in place to help stabilize the price of its tokens. These include liquidity provision incentives and the Price Floor Redemption mechanism for USD0++. Additionally, the protocol's governance and reward token, USUAL, plays a critical role in maintaining economic stability and ecosystem sustainability. However, market conditions can still affect token prices.
Mava AI Beta
d moneyzz
Will the protocol protect the Price of Usual? Usual Price has taken a Big hit ๐ค๐ป
Oni
thank u
Noรฉ
yes
Oni
@Noรฉ UsualX is being paid in Usual plus USD0, will it remain this way?
energy$
Less than 5
kiratsunami
so it's not available yet coz i just checked the UI and there is nothing
kiratsunami
how can we vote ?
Mr. Lin
Noรฉ
they can vote now, sooooo
Mr. Lin
ser pls revoke early redemption
ser pls put fp back to 1
JaharakaL
Once every week there is someone coming here to argue about floor price 
Omar
Will USD0 be listed on Binance?
Noรฉ
just vote
Noรฉ
> a proposal will be presented for voting in the coming days. It will be thoroughly detailed and submitted to the DAO for veto before implementation.
Oni
@Noรฉ UsualX is being paid in Usual plus USD0, will it remain this way?
Noรฉ
you do know that market price was already around 0.92?
Omar
Usualx is paid just in USD0...
Oni
@Noรฉ UsualX is being paid in Usual plus USD0, will it remain this way?
Mava (AI Support)
USUALx holders receive rewards in USUAL, which is a revenue-based token. There is no mention of USUALx being paid in USD0 directly. USD0 is a stablecoin used within the Usual protocol.
Mava AI BetaOni
but UsualX always will be pay in USD0 and USUAL ?
Gm, I can't speculate on the APY, it can vary a lot based on the % of the supply staked and the revenues of the protocol
Noรฉ
Gm, I can't speculate on the APY, it can vary a lot based on the % of the supply staked and the revenues of the protocol
Oni
sorry
Aurelou
Glad to see that it finally came to life, remember talk with the team about having our own D3M โค๏ธ
@Mava (AI Support) รฉ previsto que o yield de usualx se mantenha estรกvel em quantos % ao longo dos anos ?Mava (AI Support)
Nรฃo posso prever ou garantir a estabilidade do yield de USUALx ao longo dos anos. O rendimento pode variar com base em vรกrios fatores de mercado e decisรตes internas da plataforma. Recomendo acompanhar as atualizaรงรตes oficiais da Usual para informaรงรตes mais precisas sobre o rendimento futuro.
Mava AI BetaOni
@Mava (AI Support) รฉ previsto que o yield de usualx se mantenha estรกvel em quantos % ao longo dos anos ?
Mr. Lin
gm legend
Noรฉ
agreed
Does anyone know.. how much it costs to unstake your usual tokens? And if you do, do they take away you USD0?
jackjackJ
Last time only cost 0.00032xxx
Omar
Does anyone know.. how much it costs to unstake your usual tokens? And if you do, do they take away you USD0?
Can someone tell me how much usual it takes to turn 1000 usd0++ in usd0? The app does not show if the amount is zero.Mava (AI Support)
To turn 1000 USD0++ into USD0, you would need to use the Early Redemption mechanism, which requires sacrificing an amount of $USUAL tokens. The exact amount depends on weekly outflows and the time before maturity, ranging from zero to up to six months of rewards. If the app does not show the amount, it might be because the current requirement is zero.
Mava AI BetaOmar
Yea it costs a lot to swap and stuff...
artuuuur
Can someone tell me how much usual it takes to turn 1000 usd0++ in usd0? The app does not show if the amount is zero.
jackjackJ
Around 0.007 still not enough?
Gabee
Okay but only in two minutes! ๐
devisse.
Insta 4 years lock.
Send, it.
devisse.
- Simple ve-model for USUALx
BingChilling
cabal is real lol
JaharakaL
With Web3 wallet from Binance whenever i wanted to do something on Usual's dApp i had to approve it with pin-biometric in order to continue
Sandru
Please end the 2 min slowmode, or I will literally start a rebellion!
Gabee
Do you have enough ETH in your wallet ser?
Gabee
Please screenshot the URL
jackjackJ
Already sign through Binance Wallet
devisse.
Higher.
Gabee
Ser, what URL please?
JaharakaL
Check your wallet there is a notification most likely
glennbech
Does the usd0 reward for staking usuallX shrink with Usual. Price ?
jackjackJ
Canโt approve ๐ฆ
Mr. Lin
the new blog is SUPER important
lfg
Is USUAL's telegram dead? They haven't posted in their announcement channel since 16th of Jan?BingChilling
too many scam create sub group invite member "classic telegram scam"
devisse.
Yes.
Gabee
What can I do for you ser?
Clark_Aiden
01/23/2025 at 09:59:40 EST@Gabee an error message sorry ๐
Gabee
@Clark_Aiden ?
Tex
de rien sir
Noรฉ
thx
Noรฉ
updating that
Is USUAL's telegram dead? They haven't posted in their announcement channel since 16th of Jan?Mava (AI Support)
There is no Usual Telegram bot or official announcement channel mentioned in the documentation. It's possible that the channel you are referring to is not officially managed by Usual.
Mava AI BetaGabee
Sorry for? ๐
Sandru
Is USUAL's telegram dead? They haven't posted in their announcement channel since 16th of Jan?
Clark_Aiden
01/23/2025 at 09:58:30 EST@Gabee sorry mehn
Gabee
You can buy usualx directly using swap (uniswap, cowfi)
DoctorDeFi
Do I buy usual first or I can buy usualx directly?
artuuuur
Hello. How much usual I need to unstake 1000 USD0++? I Cant to see, because I can't now.
Is the team going to revise anything in connection with such a dump, or will the project rules remain unchanged?
@NoรฉNoรฉ
Price talk is in # ๐งใspeculation
weopall
Is the team going to revise anything in connection with such a dump, or will the project rules remain unchanged? @Noรฉ
Mava (AI Support)
Hi, it seems like there might be an issue with the transaction. Please ensure that the transaction was successfully confirmed on the blockchain. If it was confirmed and the tokens still haven't changed, it might be a display issue with your wallet. Try refreshing your wallet or checking on a different platform. If the problem persists, please reach out to support for further assistance. Reference: 1
Mava AI Beta
Usual
ricardo
01/23/2025 at 09:43:21 ESTHelp, I'm trying to unstake my usualx to usual, I paid the gas feed and the trx is approved, but the tokens haven't changed, like nothing happened
NAYONNK
when galexy payment
Gabee
Yes but not for USD0. For USD0, you need to complete an entire epoch, from monday to monday.
kiratsunami
usual staking yes but not the revenue switch, if you go out you will not get it
์ ์ด์น
Even if you stake anytime, any day of the week, interest accumulates every day, right?
kiratsunami
btw the totalsupply is correct it's based on usual APY app.[usual].money/api/totalsupply/usual
BingChilling
Freddiee ๐๐
Easy by searching gg, such as coingecko
Mava (AI Support)
The price of USUALx is not directly available as it acts like a vault share, representing your share of the vault and rewards. The notional (dollar) value doesn't change, but you can check the amount of USUAL you have in platforms like DeBank to see your holdings.
Mava AI Betad moneyzz
Where Can you see the Price of UsualX?
KBG89
Does that matter?
Ok, will look into it now
Noรฉ
Noรฉ
I mean, you can just open coinmarketcap et check on which exchanges perps are listed
Usual
KBG89
Is there a better place to ask it?
KBG89
Hi, does anyone know where I can short Usual?
Gabee
Yes, and yes for USD0 too.
SY
01/23/2025 at 08:39:34 ESTCan I get usd0 reward as well?
SY
01/23/2025 at 08:38:31 ESTIf I buy Usualx in secondary market, can I get reward ?
So what is general for ? What can we talk about here? Why are we here in the first place ? To talk about our investments isnโt it ? Enlighten me serFreddiee ๐๐
Youโre here in the first place cuz itโs default settings of Discord
So what is general for ? What can we talk about here? Why are we here in the first place ? To talk about our investments isnโt it ? Enlighten me serGabee
Anything, if you have questions about the project, what's coming next, ETH0, BTC0, status on L2, lots of topics to discuss here ser
You've been warned yesterday that price speculation goes to # ๐งใspeculation ser, thank you ๐Profits
So what is general for ? What can we talk about here? Why are we here in the first place ? To talk about our investments isnโt it ? Enlighten me ser
Ben
We need to attract more investors and keep pushing the marketing?
Gabee
You're welcome ser
HerrMch
Vamooo
Freddiee ๐๐
ty sir
Gabee
All good ser ๐
Usual
You can use uniswap or cowfi as dexes.
Use Rabby Wallet, it has prevention against malicious smart contractsFreddiee ๐๐
First time heard of Rabby Wallet, will take a look ๐ฎ
No thanks! Metamask literally stole 2000USD saying it was a bridging proposal from Stargate. While Stargate says there's an issue which Metamask should solveGabee
You can use uniswap or cowfi as dexes. Use Rabby Wallet, it has prevention against malicious smart contracts
kalamu333
so if the YT could present for the Vesting asset now? @Noรฉ
No thanks! Metamask literally stole 2000USD saying it was a bridging proposal from Stargate. While Stargate says there's an issue which Metamask should solveNo thanks! Metamask literally stole 2000USD saying it was a bridging proposal from Stargate. While Stargate says there's an issue which Metamask should solveProfits
Are you kidding ? Metamask stole ? How ?
Antonio
where did you read it?
Antonio
No thanks! Metamask literally stole 2000USD saying it was a bridging proposal from Stargate. While Stargate says there's an issue which Metamask should solve
ghost_of_sparta7
Hi
Gabee
@Hein Htet Zan As a reminder for your safety, please do not DM anyone here and report anyone who is trying to contact you privately, thank you ๐
devisse.
โ โค๏ธ๐ซก ( early redemption fee)
vilicvane
The official app have DEX integrated for "unstaking" USUALx, I believe. But for best price, check for other DEXes. Currently the panelty is mild, ~1% only as I checked yesterday.
BingChilling
cowswap
Nanobro
expanding usd0++ to no-token-yet L2s would be nice use case.
Profits
Metamask
Antonio
which DEX? ๐
poorfxck
No, you can swap on DEX without 10% unstake fee
Mava (AI Support)
Yes, if you stake USUAL into USUALx, you will receive yields in both USUAL and USD0. The USUAL yield is auto-compounded into USUALx, and the USD0 yield is thanks to the revenue-switch.
Mava AI BetaAntonio
No matter when, it will be always 10%? It was a question ๐
Hein Htet Zan
how much time do I need to stake to get back from usualX to usual
Mava (AI Support)
USUAL is the native token of the Usual ecosystem, primarily used for rewards and governance. USUALx, on the other hand, is a staked version of USUAL that provides additional benefits such as governance power and economic rights. USUALx holders receive a portion of the USUAL distributed as rewards, and these rewards are auto-compounded. USUALx acts like a vault share, representing your share of the vault and rewards.
Mava AI BetaHein Htet Zan
what is the different between usual and usualX
kiratsunami
that the diff between total tokens and tokens in circulation is Usual* (team and investors token) which is cliffed until Novemberr 2025
Gabee
What do you need confirmation for ser?
noname
I think that they already did the burn from last rev share
Jimny2024
Yep, but still need to confirm from Noe
the diff between total supply and sypply in circulation is unclaimed airdrops or is it the tokens of the team ?Gabee
Information on CMC is incorrect by the way
Gabee
Under 10 dollars means it will happen next week
the diff between total supply and sypply in circulation is unclaimed airdrops or is it the tokens of the team ?Jimny2024
As i know, it's Usual* the difference between cir. And total Mc
Jerry
hi
Usual
kiratsunami
@Noรฉ could you help us please with this question
alishahab
because under 10 USD0 reward will be distributed in this week Epoch
alishahab
what is your projected USD0 reward
ricardo
01/23/2025 at 06:39:11 ESTNope, and I've been staking since December
BingChilling
maybe 33% not distributed from early redemption
the diff between total supply and sypply in circulation is unclaimed airdrops or is it the tokens of the team ?BingChilling
burn ?
coin market cap people find usual and have that banner that's odds
because many token also supply increase after TGEkiratsunami
thx mate and also thx to Gabee
2 days ago i have been blocked by Noe because I was complaining, I love the project and i will buy more in the next few months, BUT if they are not doing something to stop the downfall, the project will suffer. I, for instance, have bought at 1.42 for $40.000. Today my asset are $9500. Don't you think is unbereable? $32.000 loss in 1 month...Every day is a dip. If it's going to rise, good. But for now it isn't and new investor will NEVER enter looking at the chart.
Burn half of it,BingChilling
this to prevent people asking supply issues which is not an issues
BingChilling
coin market cap people find usual and have that banner that's odds because many token also supply increase after TGE
Gabee
You haven't received your USD0?
Gabee
CMC is coinmarketcap
ricardo
01/23/2025 at 06:29:36 EST@Noรฉ usualX
kiratsunami
brro whats CMC
Noรฉ
2 days ago i have been blocked by Noe because I was complaining, I love the project and i will buy more in the next few months, BUT if they are not doing something to stop the downfall, the project will suffer. I, for instance, have bought at 1.42 for $40.000. Today my asset are $9500. Don't you think is unbereable? $32.000 loss in 1 month...Every day is a dip. If it's going to rise, good. But for now it isn't and new investor will NEVER enter looking at the chart.
Burn half of it,Noรฉ
Rewards for which asset
ricardo
01/23/2025 at 06:21:29 ESTI haven't received my rewards since Monday @Noรฉ
i am going all in putting another 40.000 $, not sure if now or when it will reach 0.15, because it looks like is going there
2 days ago i have been blocked by Noe because I was complaining, I love the project and i will buy more in the next few months, BUT if they are not doing something to stop the downfall, the project will suffer. I, for instance, have bought at 1.42 for $40.000. Today my asset are $9500. Don't you think is unbereable? $32.000 loss in 1 month...Every day is a dip. If it's going to rise, good. But for now it isn't and new investor will NEVER enter looking at the chart.
Burn half of it,2 days ago i have been blocked by Noe because I was complaining, I love the project and i will buy more in the next few months, BUT if they are not doing something to stop the downfall, the project will suffer. I, for instance, have bought at 1.42 for $40.000. Today my asset are $9500. Don't you think is unbereable? $32.000 loss in 1 month...Every day is a dip. If it's going to rise, good. But for now it isn't and new investor will NEVER enter looking at the chart.
Burn half of it,BingChilling
complain in # ๐งใspeculation if you have price problem
Barabba
2 days ago i have been blocked by Noe because I was complaining, I love the project and i will buy more in the next few months, BUT if they are not doing something to stop the downfall, the project will suffer. I, for instance, have bought at 1.42 for $40.000. Today my asset are $9500. Don't you think is unbereable? $32.000 loss in 1 month...Every day is a dip. If it's going to rise, good. But for now it isn't and new investor will NEVER enter looking at the chart. Burn half of it,
BingChilling
niceee
BingChilling
Where u see this i cannot find?
Gabee
Hype!
Gabee
Please keep the price discussion in # ๐งใspeculation @Narutovo and @123123123
Cry, that means I'm going to have to increase my position
Is there too much staking in usualx? Last week I was able to get 53 USD0, this week it is only 49 USD0poorfxck
There was a 15% boost for the first week
Is there too much staking in usualx? Last week I was able to get 53 USD0, this week it is only 49 USD0Mava (AI Support)
Yes, the amount of USD0 you receive can vary based on the total amount of USUALx staked. If more people stake their USUALx, your share of the rewards pool may decrease, leading to a lower USD0 reward.
Mava AI Beta123123123
Is there too much staking in usualx? Last week I was able to get 53 USD0, this week it is only 49 USD0
Narutovo
where is the dip๏ผnow usual is 0.35$ the price is falling down and never stop๐ซ
ravished
Wow usd0++ hit .93, impressive
Tell the devs they their reward can be sleep after they are finished ๐ด
Noรฉ
Well, when he donโt give deadlines we get harassed, when we give rough deadlines we get criticized for not being more precise, and when we give a precise ETA and (surprise!) itโs delayed by a few days, we also get criticizedravished
Win win
Noรฉ
ravished
I hope the team understands the importance of deadlines for the sake of credibility, the project, token, etc. Especially in this sensitive time with a lot of fud
@Noรฉ there was an announcement about iUSD0++ pool on the 14th that said the LP would be live the following week, it's Thursday of the following week..ravished
@Noรฉ there was an announcement about iUSD0++ pool on the 14th that said the LP would be live the following week, it's Thursday of the following week..
DORA
when iusd0++
I would like to ask what USUAL can rely on to stabilize its own value if it really builds a flywheel in the endNoรฉ
# ๐งใspeculation
123123123
I would like to ask what USUAL can rely on to stabilize its own value if it really builds a flywheel in the end
poorfxck
No boring here go read our texts
Cowswap is also super underpriced
Wanted to make a swap for USDT to USR.
When you click on the UI they will display you the minimum amount you will receive.
However it happen a lot via Coincidence of Want that you get a better price, so Cow swap give you back the surplus
Here is an example of Cow swap tx with surplus where I got 0.5% more token.
If you want to learn more about Cow I invite you to check their Coincidence of Wants article:poorfxck
Incredible
Noรฉ
not here
Profits
I hope the news coming this week will help Usual price
Usual price keep dropping everyday and it seems thereโs no end in sight, team needs to work on that .. itโs becoming rediculousNoรฉ
# ๐งใspeculation
Aurelou
Wanted to make a swap for USDT to USR. When you click on the UI they will display you the minimum amount you will receive. However it happen a lot via Coincidence of Want that you get a better price, so Cow swap give you back the surplus Here is an example of Cow swap tx with surplus where I got 0.5% more token. If you want to learn more about Cow I invite you to check their Coincidence of Wants article:
Profits
Usual price keep dropping everyday and it seems thereโs no end in sight, team needs to work on that .. itโs becoming rediculous
Mava (AI Support)
The team is aware of the price fluctuations and is actively monitoring the situation. The price of USD0++ has experienced some volatility, but it has shown resilience by rebounding after drops. The protocol's mechanisms, such as governance and yield strategies, are designed to manage these fluctuations. However, there is no specific mention of adding more tokens daily as a strategy to address price drops.
Mava AI Beta
Joe Stephen
Sounds good.
Have personnaly had more than 1 eth surplus using cowswap so really nice features ( disclaimer: made a lot of volume on the app)Noรฉ
Bro made 30k orders for USDC to USDT
Have personnaly had more than 1 eth surplus using cowswap so really nice features ( disclaimer: made a lot of volume on the app)poorfxck
What do you mean with surplus?
Joe Stephen
Then it will be easier to reinvest USD0 to USUALX.๐
Freddiee ๐๐
Wow ๐คฏ
Aurelou
You can even have some surplus since it's a competitive auction
Noรฉ
Noรฉ
yep it's a really cool feature
poorfxck
I didnโt know it was possible
Oh itโs the same as Uniswap
poorfxck
Are the rates good?
Aurelou
You can just place an order USD0 for UsualX
Aurelou
Not if u use cow swap
Freddiee ๐๐
You guys also can use Cowswap if donโt want to buy ETH, it will directly takes some USUALX for fee instead ๐
Freddiee ๐๐
Actually it do shows network fee after you approve and before you confirm the transaction
Freddiee ๐๐
Yep, so basically we should do it between UTC+0 1AM-6AM when the fee is low in a day
jackjackJ
The ui didnโt display network fee, Iโll try your method
poorfxck
It isnโt fam
Joe Stephen
Try switching Metamask to another network, then change it back to ETH.
divisionbyzero
I thought it wasn't a stablecoin
jackjackJ
Yes, but just little amount in wallet around 0.01, doesnโt enough?
poorfxck
People would rather swap than stake because itโd be cheaper
Ethena also doesnโt have a USDe/sUSDe pool for that reason
poorfxck
There will never be a USD0/USUALx pool because that beats the whole purpose of staking ๐
Is it possible to swap directly from USD0 to USUALx? Or do I have to do it from USD0 to USUAL and from USUAL to USUALx? But in such case I have to pay gas fee twice.Joe Stephen
No liquidity for USD0/USUALX. You need to pay gas fee twice.
Is it possible to swap directly from USD0 to USUALx? Or do I have to do it from USD0 to USUAL and from USUAL to USUALx? But in such case I have to pay gas fee twice.
shadi_khalil
Use paraswap this will find the best route for your trade
Is it possible to swap directly from USD0 to USUALx? Or do I have to do it from USD0 to USUAL and from USUAL to USUALx? But in such case I have to pay gas fee twice.jcojkd
Is it possible to swap directly from USD0 to USUALx? Or do I have to do it from USD0 to USUAL and from USUAL to USUALx? But in such case I have to pay gas fee twice.
Joe Stephen
You need to have ETH in your wallet as a fee to make a transaction.
poorfxck
Download crypto com wallet and set alerts on gas
jackjackJ
Canโt stake Usual right now? Or itโs because internet problems?
I took the USD0 reward and exchanged it for ETH to use as swap fee for future uses. Lmao, so I hold about $300 ETH in my wallet for gas fee.
poorfxck
And by buying weekly you also DCA so basically youโre safe from any declines
Youโd increase your USUALx bag with 2.5% and your USD0 rewards with another 2.5%, WEEKLY
And even more stupid not to reinvest that USD0 back into the project ๐
Youโd be stupid not to stake USUAL
I mean 118% APY of USD0 and 150% APY of USUAL
Joe Stephen
Personally I agree with the idea of โโit being lower than 1 to encourage long term holders.
poorfxck
For now itโs just a few people, our community that understands this
Once people understand how much they could understand by staking USUAL, the flywheel effect will start
Pretty sure we can restart this thing if Usual can achieve that
2-3% is the max someone would be open to lose on a boosted T bill stablecoin imo
I feel like if we can reach a stable price on DEX of 0.96-0.97$ that it would be very helpful
Thereโs some coming news this week which will increase the liquidity and FP for USD0++
But currently on DEX itโs between 0.91-0.93$
poorfxck
That is the floorprice
Joe Stephen
I heard USD0++ is 0.875? Is that right?
Will probably go higher once the good news is announced
USD0++ currently swaying between 0.91$ and 0.93$
Joe Stephen
But when I checked USD0 on CMC today I felt quite sad.
BingChilling
yes this is defi project it take time to growth same like ena and ondo
But if we need to recover then grow, We need to do something to stop the TVL from falling,Joe Stephen
But if we need to recover then grow, We need to do something to stop the TVL from falling,
The only thing that kept people on this project was the APY from USUALX and Revenue Switch. But now even the APY is falling. It's clear that people are getting impatient.Jimny2024
APY falling means more Usual staked, it's good because it reduces sell pressure on markets.
I don't mean to be critical. Because I'm still waiting very patiently. But everything is getting worse every day.
HanselR
say some good examples about everything is getting worse every day
Joe Stephen
I don't mean to be critical. Because I'm still waiting very patiently. But everything is getting worse every day.
The only thing that kept people on this project was the APY from USUALX and Revenue Switch. But now even the APY is falling. It's clear that people are getting impatient.Freddiee ๐๐
Most people in this crypto world tend to be impatient, and thatโs fine. All we need is to stay consistent and wait for big gud news ๐
Joe Stephen
The only thing that kept people on this project was the APY from USUALX and Revenue Switch. But now even the APY is falling. It's clear that people are getting impatient.
Mava (AI Support)
The decrease in TVL is due to various factors such as early redemptions, market rotations, and other opportunities like arbitrage. It's important to note that Usual has experienced significant growth in the past and continues to develop new products and features. The current situation is part of normal market dynamics.
Mava AI Beta
Joe Stephen
TVL is dropping deeper and deeper. Any update?
poorfxck
Yep
ElUthmany I CLONE
Gm
Also by buying weekly youโd DCA crazy. So even if Usual declines it will never beat your USD0 earningsHanselR
in summaryโฆ.you are reinvesting your rewards from USD0 to USUAL-USUALx, arenโt you?
poorfxck
Just wait for cheap gas, set alerts up on crypto com wallet
Massive W man
I mean USD0 rewards would be increasing your APR 5% weekly (2.5% from USD0), and your USUALx position would increase by 2.5% also
poorfxck
Whatโs big size tbh
Aurelou
You forgot gas fees ๐ฌ
Aurelou
Good in theory but you need to have a big size to make it worth
poorfxck
anyway by reinvesting your USD0 rewards weekly, your USD0 APY would increase by 5% weekly
poorfxck
Just ask ChatGPT
Clayboi Parti
When will the announcement come out?
energy$
Just swap to usual x
poorfxck
2.5% is from USD0
If you reinvest the USD0 rewards weekly, youโd gain 5% weekly on it
If you reinvest the rewards from USD0 back into USUALx. Youโd be receiving 703% APY on USD0.
JhoVendetta
Show your calculations if not a secret pls
poorfxck
If you reinvest the rewards from USD0 back into USUALx. Youโd be receiving 703% APY on USD0.
For long term holder, maybe swap to some usd0++ to help to boost usd0++ price to attract new joinUsual
118% APY from USD0, buy USUALx, earn again 269% APY
Atila
Can swap to usualx directly, save some gas fee
CuzzyCare.eth
Into what wallet ? Did you get error
Ksp
Do u pay gas fees.I paid $9 gas fees to swap $71 usdo into usdo++
JhoVendetta
Just swap usd0 on usual and stake usual to usualX
Hmmm, are you sure about the values?
You mean weekly USD0 reward reinvest into the usualX, right?
When I was calculating it was much lesspoorfxck
Yup
Ksp
How do u stake usdo into usual x
JhoVendetta
Hmmm, are you sure about the values? You mean weekly USD0 reward reinvest into the usualX, right? When I was calculating it was much less
poorfxck
With that much yield youโd have zero effect from inflation
953% APY or 280% APR
Okay wow I just calculated how much the yield would be if you reinvest the USD0 into USUALx ๐ ๐
poorfxck
But if you buy again USUALx with that USD0. Youโd gain again 0.37% daily on that part
Inflation is like 0.80% daily
By just staking USUALx, your positions increases 0.37% daily
I mean you could potentially keep buying USUAL and stake it again
poorfxck
Nope, my USUALx is on my cold wallet so Iโm too lazy. Iโd rather leave it and check in 6 months or so
If you like losing money, then donโt stake
Atleast half of the inflation
Jimny2024
Do you dca UsualX with Usd0 rewards.
poorfxck
USUALx & USD0 APY for USUALx will help you beat some inflation
If you have USUAL, you better stake it
Nanobro
couldn' agree more
Price still declines ofc just as other alts rn, however Usual seems to move more naturally. There is still heavy sell pressure, giving no chance for a breakout
Ethena has 8% APY atm, doing horribly
APY is still very attractive
Almost 41% of total supply is locked in USUALx atm
Anyway looking back at metrics rn.
Nanobro
farming with usd0++ is good too. limited risk. with potential reward
thank you, nevertheless at this stage of development USD0 is definitely less susceptible to drops than USUAL, but of course in the case of USUAL price increases the situation is the opposite. I will wait a bit and see what will happen with the USAL price. Thanks again ๐Nanobro
maybe, are u talking about usd0++?
HPL
thank you, nevertheless at this stage of development USD0 is definitely less susceptible to drops than USUAL, but of course in the case of USUAL price increases the situation is the opposite. I will wait a bit and see what will happen with the USAL price. Thanks again ๐
Nanobro
yes. usd0 is just stablecoin anyway.
HPL
ok, I'll do it especially for you ๐
HPL
Are you suggesting selling it, then buying Usual and trading it in for Usualx?
Dabs_dlx alp
@HPL hey mate! I think it's best you keep!
Nanobro
how about buy more usualx around this price
HPL
How do you think is the best way to manage your USD0 rewards? Keep, sell, convert to USD0++?
Mava (AI Support)
Yes, you can transfer USUALx to another wallet. However, please note that if you transfer USUALx during a weekly epoch, you will miss the rewards for that epoch. The wallet receiving the USUALx will also not be eligible for rewards if it receives the tokens in the middle of an epoch.
Mava AI BetaNanobro
can we transfer usualx to another wallet?
505550
Bonjour qq peut me dire comment avoir le franรงais
์ ์ด์น
Thank you
alishahab
debank
Mava (AI Support)
To check your daily staking amount with USUALx, you can simulate an unstake. This will show you the withdrawal amount, which includes your rewards. Essentially, your vault share increases in worth over time, allowing you to withdraw more than you initially deposited.
Mava AI Beta์ ์ด์น
Usual x How do I check the daily staking amount?
The Rev share sir. More TVL, more Rev share, more staking locking up supply, more usual buying to stake.Dave.race
Yes, that's what I meant by "bullish for USUAL" ๐
Also, if TVL of USD0 goes up (be it USD0++ or not), then it's better cashflow for USUAL, so bullish for USUAL. I'm not saying that it will bring the price of USUAL up, but my gut feeling would tell me there should be a correlation
CongQ
no glue, we'll see in the announcement
chillout
$1 valued of sUSDe or 1 sUSDe since it's $1.14 per sUSDe now
Jimny2024
Just a speculation, but i think it's only way. Since we want to increase TVL for USD0++.
If i have USD0 from rewards and i want to earn apy from iUSD0++ . I must swap/buy into USD0++ ?Jimny2024
If i have USD0 from rewards and i want to earn apy from iUSD0++ . I must swap/buy into USD0++ ?
something like that, and also 1 iUSD0++ should give you the exposure to yield from 1 sUSDe
Dave.race
Looking forward to it!
so they need to higher the reward for usd0++, iUSD might be one to attract people, let's seeDave.race
Yeah, I don't know much about the whole iUSD thing, so I won't comment ๐
For it to "repeg", we need more people wanting to mint USD0++ than people who want to redeem their USD0++. I think we're far from that (but I might be wrong)chillout
so they need to higher the reward for usd0++, iUSD might be one to attract people, let's see
Dave.race
For it to "repeg", we need more people wanting to mint USD0++ than people who want to redeem their USD0++. I think we're far from that (but I might be wrong)
Also, if TVL of USD0 goes up (be it USD0++ or not), then it's better cashflow for USUAL, so bullish for USUAL. I'm not saying that it will bring the price of USUAL up, but my gut feeling would tell me there should be a correlation
Usual
chillout
still looking forward to iUSD vault, hope it can help repeg
Dave.race
If TVL of USD0++ goes up, that means that USD0++ trades at 1:1 (at least momentarily, and most likely at least close to 1:1 for some period of time).
Well, I guess it doesn't change anything for long term holders of USD0++, but those who want to redeem for USD0, that would be beneficial!
And also, holders of USD0++ who aren't dumping their USUAL would benefit, as it is bullish for USUAL (their rewards are in USUAL)
K
How it actually works?
Dave.race
Well, I guess it doesn't change anything for long term holders of USD0++, but those who want to redeem for USD0, that would be beneficial! And also, holders of USD0++ who aren't dumping their USUAL would benefit, as it is bullish for USUAL (their rewards are in USUAL)
K
How come
chillout
not for usd0++ holders?
Dave.race
Yup. That's beneficial for everyone (I think?)
Dave.race
I'm not 100% sure though. But I don't recall there being a maximum
chillout
ok then, so less hope for usd0++
Dave.race
I don't think there is a limit to the emission, I think it is inversely proportional to the TVL of USD0.
Mava (AI Support)
If the TVL decreases, the emission rate of USUAL increases, but it always stays lower than the actual revenue. This means that even if the TVL drops below 400 million, the emission rate will adjust accordingly, but it will not exceed the revenue generated by the protocol.
Mava AI Betachillout
it will keep increasing even the TVL drops delow 400m?
chillout
what is true?
Dave.race
I don't think this is true
chillout
someone read the doc and said according to the formula, but I am bad in math, dyor
someone tell me when the TVL drops below 400m, then the amount needed for early exit won't increase anymore, by that time the real 180days rule will be fulfilled, I can't read code so this is just what I heardDave.race
Who told you that? ๐ค
If TVL continues to decline, the number of USUALs for early unstaking will continue to increase, and I have gotten less USUALs in past months. Why would I want to use a time frame like 180 days if I can't meet 180 days, or better yet 280 days?chillout
someone tell me when the TVL drops below 400m, then the amount needed for early exit won't increase anymore, by that time the real 180days rule will be fulfilled, I can't read code so this is just what I heard
The mechanism may be good, but specifying 180 days of staking for a guaranteed early unstaking 1:1 is a lie and manipulation.CongQ
180 days of rewards is calculated by the reward rate AT the time of unstake
Kirill Ria
How many USUAL tokens are locked in the protocol at the moment, how many are in free circulation and how many USUAL are left in the vesting of large airdrop farmers?
rust
please read my comments above, I explained my point of view there
The mechanism may be good, but specifying 180 days of staking for a guaranteed early unstaking 1:1 is a lie and manipulation.Freddiee ๐๐
Why bro? ๐ค I donโt get it
nickerson
01/22/2025 at 19:47:36 ESTwhat's a timeout
TheBegginer
our friend at usual says no DM's ahah which I broke one time and started talked with a guy called su**ort :D. luckily I did not had nothing at that time
The mechanism may be good, but specifying 180 days of staking for a guaranteed early unstaking 1:1 is a lie and manipulation.Dave.race
I disagree with you, but you can argue with the team about it if you want.
Or, rather, I think it's a good mechanism. Makes it more profitable for those who don't jump ship
Dave.race
Or, rather, I think it's a good mechanism. Makes it more profitable for those who don't jump ship
AFAIK, Usual has always been a project encouraging long-term commitment. If exiting when things are worse, your penalty is greater. I don't think it's necessarily a bad mechanism
If TVL continues to decline, the number of USUALs for early unstaking will continue to increase, and I have gotten less USUALs in past months. Why would I want to use a time frame like 180 days if I can't meet 180 days, or better yet 280 days?Dave.race
I can only explain the mechanism, not the semantics.
The 180 days is the max at the current rates. If everything is healthy, TVL goes up and it becomes less and less amount of USUAL to early redeem.rust
If TVL continues to decline, the number of USUALs for early unstaking will continue to increase, and I have gotten less USUALs in past months. Why would I want to use a time frame like 180 days if I can't meet 180 days, or better yet 280 days?
i mean in 6 months going thru early redemption floor price technically floor price not 0.87 anymore so less usual burnneeded i guessDave.race
I don't think so. The early redemption process is independent of the FP
There's no reason to target 180 days of staking for a 1:1 exit with the Early Unstaking feature if the mint rate is dependent on the USUAL exchange rate. And if the token continues to depreciate, it will be impossible to farm the right amount in a year either. So the statement about 180 days time frame without taking into account mint speed and USUAL rate is not true to say the least. Why even talk about 180 days, if in fact it is impossible to meet this deadline?Dave.race
The 180 days is the max at the current rates. If everything is healthy, TVL goes up and it becomes less and less amount of USUAL to early redeem.
krypt0man1ac
@TheBegginer DM ?
There's no reason to target 180 days of staking for a 1:1 exit with the Early Unstaking feature if the mint rate is dependent on the USUAL exchange rate. And if the token continues to depreciate, it will be impossible to farm the right amount in a year either. So the statement about 180 days time frame without taking into account mint speed and USUAL rate is not true to say the least. Why even talk about 180 days, if in fact it is impossible to meet this deadline?BingChilling
i think it depend on outflow ?
There's no reason to target 180 days of staking for a 1:1 exit with the Early Unstaking feature if the mint rate is dependent on the USUAL exchange rate. And if the token continues to depreciate, it will be impossible to farm the right amount in a year either. So the statement about 180 days time frame without taking into account mint speed and USUAL rate is not true to say the least. Why even talk about 180 days, if in fact it is impossible to meet this deadline?Dave.race
It's not depend of the USUAL exchange rate, but on the emission, which is dependent on the TVL of USD0 (and other factors). This is different.
But he's using the early redemption. I'm not saying the situation will be worse in 6 months, but there's no guarantee.BingChilling
i mean in 6 months going thru early redemption floor price technically floor price not 0.87 anymore so less usual burnneeded i guess
I'm not commenting on the lie or not lie. I don't agree that it is a lie personally. It's 6 months at that moment. You can argue with the team about it if you want.rust
There's no reason to target 180 days of staking for a 1:1 exit with the Early Unstaking feature if the mint rate is dependent on the USUAL exchange rate. And if the token continues to depreciate, it will be impossible to farm the right amount in a year either. So the statement about 180 days time frame without taking into account mint speed and USUAL rate is not true to say the least. Why even talk about 180 days, if in fact it is impossible to meet this deadline?
i mean next 6 months 2nd market would be better rate + sell your usual you can get some profitDave.race
But he's using the early redemption. I'm not saying the situation will be worse in 6 months, but there's no guarantee.
krypt0man1ac
Asking questions is not arguing bud ๐ And it's all about making '' more '' money, That's why I'm asking.
Dave.race
I mean that's (one of) the purpose(s) of yield-bearing tokens, to auto-compound without having to claim anything
This is staking not auto compounding bud.
Auto compounding is when your rewards are auto stakedBingChilling
u want make money or you want argue what compounding is ? lol
This is staking not auto compounding bud.
Auto compounding is when your rewards are auto stakedDave.race
As you wish
Thus, under current conditions, it is impossible to gain the required amount of USUAL tokens in 6 months. Therefore, the statement about 180 days is a lie.BingChilling
no it is not a lie if minting rate goes up lol if you just want to check 180 days because 180 floor price not 0.87 anymore
Thus, under current conditions, it is impossible to gain the required amount of USUAL tokens in 6 months. Therefore, the statement about 180 days is a lie.Dave.race
I'm not commenting on the lie or not lie. I don't agree that it is a lie personally. It's 6 months at that moment. You can argue with the team about it if you want.
I already know that.
I thing I'm not explaining my point of view correctly ๐คฆ๐ปโโ๏ธ
If it's autocompounding, the amount of usualx should increase too.
Today I have 2000usual which is 1800 usualx
With those 1800 usualx, I'm the protocol rewards me something between 7 to 10 USUAL daily...
After two months, my usual capital will be approx 2400Usual.
Which is 2160 usualx ( 0.9 ratio )
This is autocompounding...TheBegginer
what you say is just another way to implement the distribution of expected APY, but not in this case USUALx will not go up but your USUAL will still autocompound look daily or weekly and you will see that over time more USUAL gets added into your stacked USUALx (daily or weekly)
BingChilling
i mean next 6 months 2nd market would be better rate + sell your usual you can get some profit
We understand what you're saying, but you're wrong. The auto compounds is the USUAL going up. As they said, the easiest way is for you to go on debank and look.
rust
Thus, under current conditions, it is impossible to gain the required amount of USUAL tokens in 6 months. Therefore, the statement about 180 days is a lie.
i mean even you exit 1:1 with exit fee or pay usual you still get money not lose money after 6 month floor price will increaseDave.race
Gotcha. But he's not redeeming at floor price
so in previous months I will get less USUAL tokens, and the algorithm counts all 6 months by the last mint speedBingChilling
yess tvl down you earn more usual tvl up you earn less usual if you plan exit after 6 months you still can make some profit by staking your usual you will get usual + usd0 plus stake your usd0++ in pendle or beravault or ethenavault in this week
We understand what you're saying, but you're wrong. The auto compounds is the USUAL going up. As they said, the easiest way is for you to go on debank and look.Dave.race
The USUAL going up as in the ratio USUALx/USUAL going up
I already know that.
I thing I'm not explaining my point of view correctly ๐คฆ๐ปโโ๏ธ
If it's autocompounding, the amount of usualx should increase too.
Today I have 2000usual which is 1800 usualx
With those 1800 usualx, I'm the protocol rewards me something between 7 to 10 USUAL daily...
After two months, my usual capital will be approx 2400Usual.
Which is 2160 usualx ( 0.9 ratio )
This is autocompounding...Dave.race
We understand what you're saying, but you're wrong. The auto compounds is the USUAL going up. As they said, the easiest way is for you to go on debank and look.
BingChilling
i mean even you exit 1:1 with exit fee or pay usual you still get money not lose money after 6 month floor price will increase
so in previous months I will get less USUAL tokens, and the algorithm counts all 6 months by the last mint speedDave.race
Yes. Hopefully TVL goes up and it becomes the other way around for you ๐ค
The TVL of the project is going down, the USUAL rate is going down. In order to use the USD0++ Early Unstaking feature, I will need more and more USUAL tokens every month. Thus, if the USUAL rate keeps falling, I will not be able to earn the required number of USUAL tokens in 180 days. Do I understand correctly that 180 days of farming USUAL to get out of USDO++ at 1:1 is a lie ?TheBegginer
I have heard there is also a secondary market for USD0++ (I do not hold any) isn't the rate there still almost 1? and you keep your usual accumulated?
No, not the USUALx. Your share remains the same, but the amount of USUAL associated goes upkrypt0man1ac
I already know that. I thing I'm not explaining my point of view correctly ๐คฆ๐ปโโ๏ธ If it's autocompounding, the amount of usualx should increase too. Today I have 2000usual which is 1800 usualx With those 1800 usualx, I'm the protocol rewards me something between 7 to 10 USUAL daily... After two months, my usual capital will be approx 2400Usual. Which is 2160 usualx ( 0.9 ratio ) This is autocompounding...
Dave.race
Really? If you stake on Pendle you get it 1:1? I didn't know that. For any pool?
rust
so in previous months I will get less USUAL tokens, and the algorithm counts all 6 months by the last mint speed
The TVL of the project is going down, the USUAL rate is going down. In order to use the USD0++ Early Unstaking feature, I will need more and more USUAL tokens every month. Thus, if the USUAL rate keeps falling, I will not be able to earn the required number of USUAL tokens in 180 days. Do I understand correctly that 180 days of farming USUAL to get out of USDO++ at 1:1 is a lie ?BingChilling
plus if you stake in pendle or beravault you can exit 1:1 + profit
The TVL of the project is going down, the USUAL rate is going down. In order to use the USD0++ Early Unstaking feature, I will need more and more USUAL tokens every month. Thus, if the USUAL rate keeps falling, I will not be able to earn the required number of USUAL tokens in 180 days. Do I understand correctly that 180 days of farming USUAL to get out of USDO++ at 1:1 is a lie ?Dave.race
It's not a lie, but it does depend on the minting rate and it's been going up lately
The TVL of the project is going down, the USUAL rate is going down. In order to use the USD0++ Early Unstaking feature, I will need more and more USUAL tokens every month. Thus, if the USUAL rate keeps falling, I will not be able to earn the required number of USUAL tokens in 180 days. Do I understand correctly that 180 days of farming USUAL to get out of USDO++ at 1:1 is a lie ?The TVL of the project is going down, the USUAL rate is going down. In order to use the USD0++ Early Unstaking feature, I will need more and more USUAL tokens every month. Thus, if the USUAL rate keeps falling, I will not be able to earn the required number of USUAL tokens in 180 days. Do I understand correctly that 180 days of farming USUAL to get out of USDO++ at 1:1 is a lie ?Mava (AI Support)
The Early Redemption mechanism for USD0++ allows you to redeem at a guaranteed 1:1 rate on the primary market before maturity, but it requires sacrificing an amount of USUAL tokens. The minimum is 0, and the maximum is 6 months of rewards. The exact amount of USUAL required can vary based on several factors, including TVL and USUAL rates. It's important to note that this mechanism is designed to align with market conditions and may require adjustments over time.
Mava AI Beta
rust
The TVL of the project is going down, the USUAL rate is going down. In order to use the USD0++ Early Unstaking feature, I will need more and more USUAL tokens every month. Thus, if the USUAL rate keeps falling, I will not be able to earn the required number of USUAL tokens in 180 days. Do I understand correctly that 180 days of farming USUAL to get out of USDO++ at 1:1 is a lie ?
Can't see anywhere the auto compounding mechanism, the amount of usualx isn't going up, this is what I'm talking aboutCan't see anywhere the auto compounding mechanism, the amount of usualx isn't going up, this is what I'm talking aboutCan't see anywhere the auto compounding mechanism, the amount of usualx isn't going up, this is what I'm talking aboutDave.race
No, not the USUALx. Your share remains the same, but the amount of USUAL associated goes up
krypt0man1ac
Can't see anywhere the auto compounding mechanism, the amount of usualx isn't going up, this is what I'm talking about
Dave.race
You don't have to "claim"
Dave.race
It's auto compounding, it's not working like that
That was the reason why I asked if the ratio usual/usualx is the same for everyone, or does it change for every single stakerBingChilling
it's vault for everyone so it's same. no need to try minmax the ratio apy still high doesn't matter
Dave.race
And it changes over time. Also, there's a 10% fee for unstaking, but since USUALx also trades on secondary markets, you don't always have to pay the fee (or full fee)
That was the reason why I asked if the ratio usual/usualx is the same for everyone, or does it change for every single stakerDave.race
It's the same for everyone
krypt0man1ac
That was the reason why I asked if the ratio usual/usualx is the same for everyone, or does it change for every single staker
Dave.race
It auto compounds. It's a yield-bearing asset
Guys, I need your help with this, and Mava don't get my questions.
For example :
After 2 months of staking, will it be better for me if I unstake, to get my rewards in usual.
Then re stake the new amount I got in usualDave.race
No. Just keep it in USUALx
Guys, I need your help with this, and Mava don't get my questions.
For example :
After 2 months of staking, will it be better for me if I unstake, to get my rewards in usual.
Then re stake the new amount I got in usualMava (AI Support)
When you unstake your USUAL, a 10% fee is applied to the overall staked amount. This fee is redistributed to those who continue staking. If you are considering unstaking and then restaking, you should weigh the potential benefits of compounding your rewards against the cost of the unstaking fee. Long-term staking generally offers more rewards due to the compounding effect and the redistribution of fees to those who remain staked.
Mava AI BetaDave.race
But if it's a large amount or you wait for a while, you might end up with significantly less USUALx than you started with.
Guys, I need your help with this, and Mava don't get my questions.
For example :
After 2 months of staking, will it be better for me if I unstake, to get my rewards in usual.
Then re stake the new amount I got in usualUsual
krypt0man1ac
Guys, I need your help with this, and Mava don't get my questions. For example : After 2 months of staking, will it be better for me if I unstake, to get my rewards in usual. Then re stake the new amount I got in usual
Dave.race
Why would you do that? But if it's a small amount and you go through second market and do it right away, it shouldn't change much
Mava (AI Support)
The ratio between USUALx and USUAL is not fixed at 1:1 because USUALx acts like a vault share, representing your proportional share of the rewards. Therefore, the ratio can change over time based on the rewards accumulated. When you unstake and restake, the ratio may be different due to these changes in rewards.
Mava AI Betakrypt0man1ac
Will the ratio usualx/usual change if I unstake, and restake ?
BingChilling
wati eth0 maybe but so far abit rough on gas fee and swap not the best route
new
There any other way than dex to exchange usd0 to eth
new
20 usd isnt cover gas fee
If i have low amount of usd0 like 10-20 usd .how i can exchange to eth there any exchange accepte usd0?Mava (AI Support)
You can exchange USD0 for ETH on decentralized exchanges (DEXs) where USD0 is listed. However, please be aware that transaction fees on the Ethereum network can be high, which might affect the feasibility of exchanging small amounts like 10-20 USD0. Reference: 1
Mava AI Beta
new
If i have low amount of usd0 like 10-20 usd .how i can exchange to eth there any exchange accepte usd0?
Profits
Usual price keep dropping .. ๐ค
Dave.race
I don't think this is true if TVL keeps bleeding
Dave.race
Thanks for that!
@Mava (AI Support) The supply increased again today. Is there a limit where the supply won't increaseMava (AI Support)
The supply of $USUAL is designed to be disinflationary, meaning that less $USUAL is minted as revenue grows. The total supply is capped and should not exceed 4 billion by the end of USD0++'s maturity in 2028. This cap ensures that the supply won't increase indefinitely.
Mava AI BetaAlperenPacacioglu
@Mava (AI Support) The supply increased again today. Is there a limit where the supply won't increase
polo2353
polo2353
flyingfish
> Sir, thereโs the date for the period, then itโs written weekly, and then you have an info button to have more details. I think most people understand with that. > The questions were mostly because it was monthly before that: people asked about the change why not something like that ? @Noรฉ
> Sir, thereโs the date for the period, then itโs written weekly, and then you have an info button to have more details. I think most people understand with that. > The questions were mostly because it was monthly before that: people asked about the change why not something like that ? @Noรฉ
JaharakaL
These are urls
docs.usual.money
Pazuzzu
Github repo still down ?
Dave.race
Alright. I thought it wouldn't be like that for the second week
wim
usualx/usual ratio is 1,225
chrisgm3773
@Noรฉ What does team think about taking a portion of fee switch from Usualx and putting it toward liquidity. As an example, Pendle pools are about to start loosing LQ tonight since no more bribes. Put it to a vote? Pendle is very important! Or offer Usual as a bribe on the Pendle lockers?
wim
468200457 usual at tge 584948724 today 1.2492 almost 25 percent inflation
Mava (AI Support)
The inflation rate of the USUAL token is designed to be disinflationary. As the supply of USD0++ decreases, the minting rate of USUAL tokens also decreases. This is because the emission model is structured to promote scarcity and protect against dilution. The emission rate is inversely related to the supply of USD0++, meaning that as the supply decreases, fewer USUAL tokens are minted, which helps maintain the token's value. Reference: 1
Mava AI Betanew
@Mava (AI Support) usual token inflation rate if supply of usd0++ decrease.
usual token inflation rate if supply of usd0++ decrease.
Mava (AI Support)
The inflation rate of the USUAL token is not fixed and depends on various factors such as Total Value Locked (TVL), revenue, interest rates, and growth. The emission model is designed to minimize inflation and ensure that it remains lower than Bitcoin's inflation rate. The emission rate decreases as the USD0++ supply grows, and it is capped to prevent excessive emissions. References: 1
Mava AI Beta
Jorge (@jorgedomin1992)
What is the average inflation of the USUAL token?
Jorge (@jorgedomin1992)
@Mava (AI Support) What has been the USUAL inflation rate in the last month?
What has been the USUAL inflation rate in the last month?
Did it change? Yesterday Noรฉ said this was just a temporary thing for the first week, but that it wasn't sustainable.Dave.race
Did it change? Yesterday Noรฉ said this was just a temporary thing for the first week, but that it wasn't sustainable.
Mava (AI Support)
The inflation rate of USUAL is not fixed and fluctuates based on factors such as TVL growth and interest rates. The emission model is designed to minimize inflation, ensuring it remains significantly lower than the treasuryโs growth rate. The emission rate decreases as the USD0++ supply grows, and there is a capped emission mechanism to prevent excessive inflation. References: 1
Mava AI Betaflyingfish
@Mava (AI Support) inflation rate of usual ?
is there a website that shows current infation rate of usual ?
BingChilling
Yes let them complain to vitalik instead of usual lol
CuzzyCare.eth
Where you claiming in?
USD0 pairs listing on CEX/DEX? If thats what youโre asking itโs in the plan, theyโre still working on finalizing the roadmap AFAIK and will release once it has been finalized.BingChilling
want to seem them in binance replacing ustd/anything that is complicated to use because of europeCongQ
Thatโs the dream
USD0 pairs listing on CEX/DEX? If thats what youโre asking itโs in the plan, theyโre still working on finalizing the roadmap AFAIK and will release once it has been finalized.flyingfish
want to seem them in binance replacing ustd/anything that is complicated to use because of europe
Mt
Gabee
Merci d'utiliser le canal en franรงais en cliquant sur # ๐ใlanguage-select puis ๐ซ๐ท Ici, c'est un canal anglophone.
505550
En franรงais comment fait-on?
been posting in binance square to educate people there
i should have an usual badge too ๐
CongQ
What do you mean
flyingfish
do they have a roadmap about it ?
Mava (AI Support)
Yes, Usual is actively working on expanding the utility of USD0 and USD0++ by introducing more trading pairs and integrations across the DeFi ecosystem. This is part of their broader strategy to enhance the value and versatility of their stablecoins.
Mava AI Beta
flyingfish
will they create more trading pairs ?
Mava (AI Support)
The decision to create a trading pair is typically made by the Usual team, often in collaboration with partners. For example, Usual has partnered with various platforms to launch trading pairs like USD0/USDT on PancakeSwap and USD0++/MORPHO on Bubbly.
Mava AI Betaflyingfish
the decision to create a traiding pair belongs to usual team only ?
the trading pairs that we see everywhere with USDT/(litterally anything) how are they created can usd0 do the same ?Mava (AI Support)
Trading pairs like USDT/(anything) are created on exchanges, allowing users to trade one cryptocurrency for another. USD0 can also be used to create trading pairs on exchanges. For example, Usual has launched a USD0/USDT trading pair on PancakeSwap, which allows liquidity providers and traders to engage in trading activities using USD0.
Mava AI Betaflyingfish
the trading pairs that we see everywhere with USDT/(litterally anything) how are they created can usd0 do the same ?
Mt
aldelam
Toi tu devrais passer une tรชte sur le canal francophone ๐
Mava (AI Support)
Pour utiliser votre portefeuille Binance avec Usual, vous pouvez transfรฉrer vos USUAL depuis Binance vers un portefeuille compatible avec Usual pour participer aux activitรฉs de staking ou autres sur la plateforme Usual. Malheureusement, vous ne pouvez pas directement staker vos USUAL sur Binance aprรจs le TGE.
Mava AI Beta505550
Comment fait on avec le portefeuille binance?
Bonjour je connecte mon portefeuille binance sur le site je vois mes usual mais je n'arrive pas ร l es transformรฉ en usualx comment fait on?Mava (AI Support)
Pour transformer vos USUAL en USUALx, vous devez d'abord vous assurer que vous รชtes sur le rรฉseau Ethereum, car le staking de USUAL en USUALx est uniquement disponible sur ce rรฉseau. Ensuite, connectez votre portefeuille et suivez les instructions sur le site Usual pour effectuer le staking. Assurez-vous que vous avez suffisamment de fonds pour couvrir les frais de transaction.
Mava AI Beta505550
Bonjour je connecte mon portefeuille binance sur le site je vois mes usual mais je n'arrive pas ร l es transformรฉ en usualx comment fait on?
cryptolord
How is the market going today?
Dear can you help me to check the address that hold usd0 collateral ?
When will iusd++ vault be available ?CongQ
Website -> Docs -> Smart Contracts
Dear can you help me to check the address that hold usd0 collateral ?
When will iusd++ vault be available ?Usual
Talal
Dear can you help me to check the address that hold usd0 collateral ? When will iusd++ vault be available ?
Noรฉ
It is
Fadi
@Noรฉ Now 17m are burnt; shouldn't the circulation supply be reduced with the same?
CongQ
Check out the treasury address, everythingโs transparent
Noรฉ
Sir, all of our reserves are on chain and publicly available ๐
Gabee
Utilise le canal francophone dans # ๐ใlanguage-select ๐ซ๐ท
Talal
If tvl is up and usd0 is created . Where can i check that the new usd0 had been collaterized ?
jrmy
Why is the YT USD0++ showing -99% apy?
kiratsunami
oui bien sur choose French in language-select, there is a chat in French
505550
Est-ce qu'il y a une personne qui parle franรงais ?
Bonjour
Gabee
You can check for yourself
Gabee
You are the third party auditor, everything is available on the blockchain ser
kiratsunami
?
Hi all, to stake usualx we just should have some? I mean I had usual, that I converted into usualx. Should I do anything else to stake?mustn
Hi all, to stake usualx we just should have some? I mean I had usual, that I converted into usualx. Should I do anything else to stake?
pau
thanks !
krypt0man1ac
Happy for you!
krypt0man1ac
This is the right link, maybe you're connecting the wrong wallet. Double check
pau
here, right?
pau
BingChilling
you are sure u are not phised ?
krypt0man1ac
Everything is ok on my side @pau
pau
i was staking them and now, i have nothing
somebody lost all his usualx?
BingChilling
the cabal frontrun
Where does the yield in usualx tokens accrue when placing funds in usualx if I don't have personal USUAL tokens on my wallet, but only usualx tokens?Mava (AI Support)
The yield in USUALx tokens accrues automatically through the exchange ratio between USUALx and USUAL. USUALx is a yield-bearing token, meaning that the rewards are compounded automatically over time. You don't need to have personal USUAL tokens in your wallet to benefit from this yield.
Mava AI Betaะะปะตะบัะฐะฝะดั ะะพัะธัะพะฒะธั
Where does the yield in usualx tokens accrue when placing funds in usualx if I don't have personal USUAL tokens on my wallet, but only usualx tokens?
ElAnalistaa๐ง
Lfg !
Gabee
Itโs a scam.
Gabee
Do not dm @ALPHA ๐HULK
Clayboi Parti
peg is getting closer, i wonder what they know
K
To the moon
CongQ
Blockchain, duh
Noรฉ
nothing tho
What prevents Tether from doing that?
Noรฉ
well, because it's onchain?
Mava (AI Support)
Usual's protocol ensures that USD0 is always fully backed by diverse collateral reserves, primarily Real-World Assets like U.S. Treasury Bills. This is crucial to maintain its 1:1 peg with the US dollar and to ensure the stability and security of the stablecoin. The protocol's risk management philosophy and insurance mechanisms are designed to prevent undercollateralization and protect holders' interests. References: 1,2
Mava AI BetaTalal
Whats pervent the protocol to issue usd0 without any collateral ?
@Noรฉ is there some issue with Veda Berachain vault ? reward seems quite low especially ofr one or two weekBingChilling
exactly
Mava (AI Support)
USUALx is structured to be a high-yielding financial instrument. It provides rewards that are amplified as short-term users exit, strengthening the alignment of long-term users with the protocol. USUALx rewards are a fixed percentage of the total USUAL distribution, meaning that when fewer users stake, each staker receives a larger share. This design ensures that long-term holders reap significantly greater rewards compared to short-term participants.
Mava AI Betaะะปะตะบัะฐะฝะดั ะะพัะธัะพะฒะธั
What asset performance does USUALx provide?
Why do I have $2,717.31 worth of usualx tokens in my wallet right now, even though I'm just a bit
more than a week ago I bought within three days USUALx tokens in the amount of 1274.48 1576.74 1234.40 total 4085.62$, why the price has decreased so much?Mava (AI Support)
USUALx tokens act like a vault share, meaning their value can fluctuate based on the underlying assets and market conditions. The decrease in value could be due to changes in the market or the performance of the Real-World Assets backing the tokens. It's important to monitor market trends and the performance of the assets backing USUALx.
Mava AI Betaะะปะตะบัะฐะฝะดั ะะพัะธัะพะฒะธั
Why do I have $2,717.31 worth of usualx tokens in my wallet right now, even though I'm just a bit more than a week ago I bought within three days USUALx tokens in the amount of 1274.48 1576.74 1234.40 total 4085.62$, why the price has decreased so much?
@Noรฉ is there some issue with Veda Berachain vault ? reward seems quite low especially ofr one or two weekNoรฉ
Investigating - you can also contact Veda directly since they manage it
Aurelou
@Noรฉ is there some issue with Veda Berachain vault ? reward seems quite low especially ofr one or two week
Gabee
It works as long as you keep your Usualx in your ethereum wallet ser
Jos
Ok thanks. Fgo I bought usualx in secondary , didn't stake my usual. Hope that works