#
💬ㆍgeneral
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 1 of 2
This will be my last message before we go back to 0.85$.
- whales borrow $USUAL on Binance to dump the prices even lower while spoofing the orderbooks. Meanwhile they accumulate at dirty cheap prices and keep increasing their USUALx positions. At this moment 42.7% of the total supply is being staked and keeps increasing. They are literally borrowing at a free rate because the yield of USUALx is way higher.
- Most liquidations will happen once price reaches 0.59-0.60$. This was also around the time when the 0.87$ FP was introduced. So a lot of people hedged later on. I believe we will have a short squeeze to take that liquidity back.
- As the announcement has stated yesterday. Q1 will be huge for Usual, a new comeback. New usecases for USD0, USUAL and USD0++. USD0, maybe L2 integrations. Partnerships? Anyway biggest issue is creating a new product which will increase demand.poorfxck
New ATH
This will be my last message before we go back to 0.85$.
- whales borrow $USUAL on Binance to dump the prices even lower while spoofing the orderbooks. Meanwhile they accumulate at dirty cheap prices and keep increasing their USUALx positions. At this moment 42.7% of the total supply is being staked and keeps increasing. They are literally borrowing at a free rate because the yield of USUALx is way higher.
- Most liquidations will happen once price reaches 0.59-0.60$. This was also around the time when the 0.87$ FP was introduced. So a lot of people hedged later on. I believe we will have a short squeeze to take that liquidity back.
- As the announcement has stated yesterday. Q1 will be huge for Usual, a new comeback. New usecases for USD0, USUAL and USD0++. USD0, maybe L2 integrations. Partnerships? Anyway biggest issue is creating a new product which will increase demand.
kalamu333
good point, but why 0.85?
poorfxck
This will be my last message before we go back to 0.85$. - whales borrow $USUAL on Binance to dump the prices even lower while spoofing the orderbooks. Meanwhile they accumulate at dirty cheap prices and keep increasing their USUALx positions. At this moment 42.7% of the total supply is being staked and keeps increasing. They are literally borrowing at a free rate because the yield of USUALx is way higher. - Most liquidations will happen once price reaches 0.59-0.60$. This was also around the time when the 0.87$ FP was introduced. So a lot of people hedged later on. I believe we will have a short squeeze to take that liquidity back. - As the announcement has stated yesterday. Q1 will be huge for Usual, a new comeback. New usecases for USD0, USUAL and USD0++. USD0, maybe L2 integrations. Partnerships? Anyway biggest issue is creating a new product which will increase demand.
Usual
tony_defi
Marketing with big kols can help
tony_defi
Soon will be 80%+
Hi every1. When can we expect l2 and eth0/btc0. I think those 2 will be the catalysts for rebound
vilicvane
I see, I thought it was something like USUALx on Pendle.
vilicvane
Ah okay thx!
marvak
Hi every1. When can we expect l2 and eth0/btc0. I think those 2 will be the catalysts for rebound
alishahab
im talking a lot 😂
vilicvane
I mean USUAL"*", I read it on doc but never confidently understand that.
MBP | Usual Code: Q2TC5
Usualx is a staked usual on their platform
MBP | Usual Code: Q2TC5
still can’t cover the lost on price
vilicvane
BTW what are USUAL* exactly?
MBP | Usual Code: Q2TC5
Lmao dump more dump moreee
Sammyy
Believe
Stive-M-
@Adli
My pnl down 80%
Why dumping 1.24B tvl
Nanobro
our goal is still to tackle USDT. and we're solid.
Stive-M-
Usual ded?
Sammyy
Yes i know right
kalamu333
look at Solv or new launch pool
kalamu333
every coin get many hater once the price keep dumping
noname
Why we become poor if we hold usual?
kalamu333
like USD0++ swap into 3 month for 10% or something which will keep the yield much stable
Nanobro
team will roll many new updates in Q1
Nanobro
haha yes
that's my point, so if USD0++ didnot back to 1, people should buy it from secondary instead of minting, and which the TVL won't increase because of ++ just from user 1 to another
no, actually it should be not close to 1 and user would willing to bought from the secondary market which to get cheaper USD0++, which is zero coupon bond.Nanobro
why should new money mint more usd0++ if they can buy way cheaper than 0.97
It’s hard to get new fund in if usd0++ not close to $1.
I believe the vault will play huge role.kalamu333
no, actually it should be not close to 1 and user would willing to bought from the secondary market which to get cheaper USD0++, which is zero coupon bond.
Mava (AI Support)
The iUSD0++ vaults are in their final stages of development and testing before release. The first iUSD0++ vault to launch will be an Ethena sUSDe vault, and it is expected to go live soon.
Mava AI Beta
sakura
when will iusd0++ lanch sir？
Nisan
sure
Noé
It's just about activity here, the role is automatic
Nisan
may i got it ? i have alot position in usualx too
Nanobro
how do we get it haha.
Noé
the suggestions channel is only available for active users with the "grinder" role for now sir
mario117 BT-P City
I finally managed to stake my USUAL 🥳🙏
Lucas | 🇧🇷 🇵🇹 (Ø,G)
We don't have Usual on bybit spot?
LMEOW
gm
Thing is we havent seen a single day of net positive since more than 2 weeks. We need to change that streakNanobro
It’s hard to get new fund in if usd0++ not close to $1. I believe the vault will play huge role.
Leopopeye |🎯 Monad
I loved this ❤️
DoctorDeFi
Thing is we havent seen a single day of net positive since more than 2 weeks. We need to change that streak
Nanobro
Agreed. Staking ratio is also very interesting
This is the one I am following closely. We want to be in net positive = protocol growth. You can see how it is in negative right now but gradually moving towards positiveNanobro
We spiked up and down.
DoctorDeFi
This is the one I am following closely. We want to be in net positive = protocol growth. You can see how it is in negative right now but gradually moving towards positive
Nanobro
Lol maybe not
Gabee
That's for @Noé I think
Angyalkirály
For some reason it says I don't have permission to post to that channel
Usual
Thanks Gabee, good to know. Probably it worths to communicate to others as well, as there are a LOT of users with low staked amounts.Gabee
Feel free to ask this in # ✍ㆍsuggestions thanks 😊
DoctorDeFi
nano is still a thing?
Eventually you will be able to claim these unclaimed USD0 later when the claim setting will be implementedAngyalkirály
Thanks Gabee, good to know. Probably it worths to communicate to others as well, as there are a LOT of users with low staked amounts.
DoctorDeFi
dune
Gabee
Eventually you will be able to claim these unclaimed USD0 later when the claim setting will be implemented
The netflow is negative, but it has been the lowest yesterday. from 100 millions to 17m day before to now less than 4m yesterday. todays stats should be better. Why netwflow is imp? More USD0 mints means TVL grows = Yield gorws = better return, flywheel starts working in positive directionNanobro
Where do we see this
Edge case again: I had a wallet that had my USUALx. It collected 6 USD0 from the last epoch, that was not distributed because it was less than 10 USD0. In the meantime I transferred my USUALx to my cold wallet, therefore the last wallet will not receive more rewards.Angyalkirály
Could someone chime in on this?
same here, but what metrics would you follow for possible reversal. I am following USD0 net flow. When it becomes positive - would be sign of reversalDoctorDeFi
The netflow is negative, but it has been the lowest yesterday. from 100 millions to 17m day before to now less than 4m yesterday. todays stats should be better. Why netwflow is imp? More USD0 mints means TVL grows = Yield gorws = better return, flywheel starts working in positive direction
Mava (AI Support)
Binance is involved with Usual through the Binance Launchpool, which accounts for 7.50% of the USUAL token supply. This suggests that Binance has a stake in the distribution of USUAL tokens, likely through providing a platform for users to earn USUAL tokens by staking other cryptocurrencies.
Mava AI Beta
chermiw_
anyone knows? how Binance invested in usual? they bought token?
this level is good same like when you but sol $8 or eth below $1k
i hate buying green candlechermiw_
good compare with sol, that's epic reverse
this level is good same like when you but sol $8 or eth below $1k
i hate buying green candleDoctorDeFi
same here, but what metrics would you follow for possible reversal. I am following USD0 net flow. When it becomes positive - would be sign of reversal
i don't mind if it keeps downing on red market but if it's green market it's kind of bad show honestly 👽BingChilling
this level is good same like when you but sol $8 or eth below $1k i hate buying green candle
Chris
01/24/2025 at 09:25:44 ESTgm
chermiw_
i don't mind if it keeps downing on red market but if it's green market it's kind of bad show honestly 👽
chermiw_
cool, hope it's a long term game
BingChilling
i mean sure if you expect usualx can go lower which is still can.
vilicvane
Or if we can just claim USD0 as USUALx (better with some bonus).
BingChilling
if we still at this level
BingChilling
doesn't matter to me i can keep buying until 2028
chermiw_
i don't think the bull market will be longer than q1
Same when aerodrome -85% from top and dump for 5 months.
I traded some in gateio so i knewchermiw_
i hope we don't need to wait for 5 months like Aerodrome
BingChilling
Same when aerodrome -85% from top and dump for 5 months. I traded some in gateio so i knew
Sirfear
love how everything pump but usual is not xD
Profits
Wake up sleeping Usual and rise above $1 again
DoctorDeFi
Would love chat with @Adli and get hsi perspective on Hashnote been aquired by circle and USUAL being >90% of there TVL. Its good to hop on here and have some discussions with the retail investors and community memebers.
KBG89
Right, this chart doesn't exactly instill confidence though
Yes you are right. I still have high hopes for this protocol, don't get me wrong. I'll be here to stayGabee
You're welcome to stay ser
We don't speculate on the price but on what would happen to the protocol, should the USUAL token collapses.
It's important people understand that it won't affect the stability of USD0We don't speculate on the price but on what would happen to the protocol, should the USUAL token collapses.
It's important people understand that it won't affect the stability of USD0Profits
Collapse? Never that please
Gabee
We don't speculate on the price but on what would happen to the protocol, should the USUAL token collapses. It's important people understand that it won't affect the stability of USD0
BingChilling
not many people farm aerodrome 😉
Profits
And this is not the place to talk about price.
Gabee
Imagine my teacher's face when I asked what would happen if my school grade was 0...
DoctorDeFi
lol even if its fud - u dont ban them. u just mute them for 24 hours (most of the time there behaviour changes after that) and one less person spreading false info on X
Profits
Talking about an asset going to 0 is FUD @Gabee
Gabee
This user said they are invested and curious
Ecamo
These questions are sensitive, but it needs to be known
Noé
That’s not fud tbh
Angyalkirály
Edge case again: I had a wallet that had my USUALx. It collected 6 USD0 from the last epoch, that was not distributed because it was less than 10 USD0. In the meantime I transferred my USUALx to my cold wallet, therefore the last wallet will not receive more rewards.
It's good if people are curious and ask whether the price of usual has an impact on the stablecoin being stable and pegged.
We can't block people from asking these questions, it's very important the protocol gets understood properly 😄Profits
I disagree this is FUD
DoctorDeFi
mute works 100x better than banning.
It's good if people are curious and ask whether the price of usual has an impact on the stablecoin being stable and pegged.
We can't block people from asking these questions, it's very important the protocol gets understood properly 😄Usual
Gabee
It's good if people are curious and ask whether the price of usual has an impact on the stablecoin being stable and pegged. We can't block people from asking these questions, it's very important the protocol gets understood properly 😄
chermiw_
we should allow free speech, no need to block or mute anyone more please !!
Ecamo
The revenue switch is very enticing, the apy is very attractive, you make your initial investment in a little over a year
DoctorDeFi
half in usual and half in stablecoin
dΞrkfingah | SBC
Both. But 120% or so of it is usd0
KBG89
So the Usual APRs don't pay in Usual? Apologies if I misunderstood
DoctorDeFi
blocking wil create them a bigger voice on X- which is even worse. Warning - then mute for 24 hours is the best way to go
I mean I wouldn't be heavily invested in a token that pays hundreds of % of APY in that token itselfBingChilling
aerodrome ?
I mean I wouldn't be heavily invested in a token that pays hundreds of % of APY in that token itselfdΞrkfingah | SBC
It pays in usd0 ser
BingChilling
i mean people still trading ustc
KBG89
That is kind of a golden rule of DeFi innit
KBG89
I mean I wouldn't be heavily invested in a token that pays hundreds of % of APY in that token itself
DoctorDeFi
u gotta buy more and more Usual for teh rev switch to work - so will not go to zero. just need a better balance- tvl to start going up.
Profits
@Gabee block this people
Ecamo
Me neither, Im pretty heavily invested in it, I need to know all worse case scenarios
KBG89
But yea I don't think that will happen
Ecamo
That's true, But there's the revenue switch
Profits
@Noé come and do your job … block this people fast
KBG89
Well, getting your APR paid in a token with a price of $0.00 won't exactly entice people
Profits
This will never happen … please block this people @Noé
DoctorDeFi
as long as people are minting new USDO - protocol works.
Mava (AI Support)
If the price of USUAL falls to 0, it could significantly impact the protocol's operations, as USUAL is a principal reward token influencing yields within the Usual ecosystem. A significant price decline could reduce the ecosystem’s competitiveness and diminish its appeal to users. However, the protocol has mechanisms in place to manage risks and maintain stability, such as comprehensive risk management policies and an insurance fund to absorb potential losses. These measures aim to ensure the protocol's sustainability even in adverse conditions.
Mava AI BetaEcamo
What happens if the price of usual falls to 0? The protocol still works though right?
chermiw_
is itn't black rock in our side? why they sue?
KBG89
Ok, Donald Trump is president, that's the most positive thing going on right meow
I don't think they've done anything criminal... Changing the docs to include the 0.87 floor when that wasn't originally there is incompetent but they're not criminals lolProfits
Enoughhhhhh talk about positive things pls
DoctorDeFi
just wondering how many stablecoin protocols Binance labs is invested in
KBG89
I don't think they've done anything criminal... Changing the docs to include the 0.87 floor when that wasn't originally there is incompetent but they're not criminals lol
Profits
Who sent you to come say this here ? Black rock ?
DoctorDeFi
lol, its a nothing burger
chermiw_
yes
Profits
Nobody should sue pleaseeeee 🙏🏿 we are already bleeding 🩸
KBG89
Suing the Usual team?
chermiw_
where did you get the news to read? i wanna explore
KBG89
Apparently my size isn't size so it doesn't matter
DoctorDeFi
is octoshi here?
Profits
lol they after your investments 🤣
KBG89
Saying that
Gabee
Someone on the server ser?
Freddiee 💎🙌
Scammer
DoctorDeFi
food for thought- Cricle buys Hashnote. Usual is major >90% there TVL. Circle gets major governance rights in USUAL (by buying USUAL tokens)- Controls where USual protocol goes for its collateral - hence increasing the chance of USUAL staying / buying more of Hashnote's product.
I don't, but I need to know if I should take the revenue switch earnings and reinvest it or take it out and invest somewhere elseBingChilling
reinvst still good r:r mcap literally low.
KBG89
Someone DM'd me...
Ecamo
I don't, but I need to know if I should take the revenue switch earnings and reinvest it or take it out and invest somewhere else
BingChilling
blud just due dillegence which is good
luckyyyyy1243
lol why would you want that?
BingChilling
unless it got exploit which is unlikely
Mava (AI Support)
The Usual protocol, like any other financial system, is subject to various risks that could potentially impact its functioning. These include financial risks, credit risks, and market conditions. The protocol has mechanisms in place, such as stress testing and scenario testing, to ensure stability under extreme conditions. However, unforeseen circumstances or persistent deviations from risk policies could pose challenges. The protocol governance can take decisive actions to mitigate these risks. References: 1,2
Mava AI BetaEcamo
Is there any way that usual protocol could stop functioning and fail?
BingChilling
Not gonna happened they sue from us lol. Us literally geoblock. Unless they use vpn which illegal
zakuku
Is everything ok？
but let's be honest, average joe probably read about the USD0++ "depeg" so they don't trust the protocolBingChilling
I mean it take times give it 2-3months. Most people also forgot usdc and dai depeg.
zakuku
I saw some rumors about suing the project team.
but let's be honest, average joe probably read about the USD0++ "depeg" so they don't trust the protocolNoé
well, actual stablecoins depegged far more and are still mainstream 
0xjmslnr
but let's be honest, average joe probably read about the USD0++ "depeg" so they don't trust the protocol
the key metrics is more about how many new users / new inflow after early redemption mecanism got activated 😅
0xjmslnr
well maybe we keep USD0++ holders because they didn't realize how Early redemption penalties would be so costly 😅
BingChilling
if we still follow mcap tvl ratio usual at least 600mcap. but you see here we are lol.
PeacemakeR
2mill
DoctorDeFi
yeah, now we need to reverse it
Mava (AI Support)
The exact number of USUAL tokens issued per day can be checked on the smart contracts. The distribution is based on the protocol's performance indicators such as TVL growth and interest rates. Reference: 1
Mava AI Beta
dkr5147
how many tokens are coming to circulation every dya?
do you need to claim every epoch, or you can do that in one transaction if you skip 4 for example?0xjmslnr
do you need to claim every epoch, or you can do that in one transaction if you skip 4 for example?
but in the future (like next month), you will have to claim USD0, (no more airdrop) correct?0xjmslnr
I mean for 3 days at least 😅
Gabee
Yes, the TVL has been stable at 1,2B
Silver lining is that tvl decline has slowed down considerably. That is the only metric I am following0xjmslnr
but it seems to stabilize around 1,2B now
neehairfan
when glaxy users get the rewards ?
DoctorDeFi
Silver lining is that tvl decline has slowed down considerably. That is the only metric I am following
DoctorDeFi
As far as I know there is no timeline
Einzig
iUSD00+ still this week?
0xjmslnr
but in the future (like next month), you will have to claim USD0, (no more airdrop) correct?
Noé
they'll be distributed in the next distributions
Noé
If your prejected rewards are less than 10 USD0 for the week, yes
Yichen
And it is normal to not receiving the USD0 for now?
How is the USD0 of Revenue Switch distributed? Is it directly distributed to the address that holds USUALx?Mava (AI Support)
The USD0 from the Revenue Switch is distributed to USUALx holders. It should be directly dropped in the wallet or claimable. More details are expected to be provided soon.
Mava AI BetaYichen
How is the USD0 of Revenue Switch distributed? Is it directly distributed to the address that holds USUALx?
The Early Redemption already states, literally everywhere, that it's up to six months of rewards. That it depends on the TVL and rates, mostly. So you already know how it works and that it's dynamic.DoctorDeFi
lets move beyond that. My point only was, it was our job to make sure it did not come as a surprise for everyone. I think, you clearly disagree. Let's hope moving forward - the inefficiencies and the efficiencies will be discussed. The protocol can flourish if incentives of holders and founders both are aligned. I hope we move forward with that mindset.
Ok I'll explain- The recent rev switch was announced beforehand right? Coz it was a big thing - we all knew it will happen and it wa sin the docs as well. But, you followed the process and announced it before hand- even though it was in whitepaper. So why same approach was not followed for change in Ut parameter- which i think was a bigger eventNoé
Rev Switch was announced because it wasn't something public beforehand.
you already know it depends on the revenue and the amount staked
I mean, should we announce each time the parameter for the USUALx USD0 rewards APY changes?
Noé
The Early Redemption already states, literally everywhere, that it's up to six months of rewards. That it depends on the TVL and rates, mostly. So you already know how it works and that it's dynamic.
Because, as said previously, it is already written in the dApp, docs, whitepaper and so on, that Early Redemption depends on the current rewards rate and TVL. Once you know that, you know that it is dynamic, and, depends on the rate and TVL.DoctorDeFi
ok 🙂
Ok I'll explain- The recent rev switch was announced beforehand right? Coz it was a big thing - we all knew it will happen and it wa sin the docs as well. But, you followed the process and announced it before hand- even though it was in whitepaper. So why same approach was not followed for change in Ut parameter- which i think was a bigger eventNoé
Because, as said previously, it is already written in the dApp, docs, whitepaper and so on, that Early Redemption depends on the current rewards rate and TVL. Once you know that, you know that it is dynamic, and, depends on the rate and TVL.
vilicvane
Will there be USD1/USD1++ in 4 or less years?
Ok I'll explain- The recent rev switch was announced beforehand right? Coz it was a big thing - we all knew it will happen and it wa sin the docs as well. But, you followed the process and announced it before hand- even though it was in whitepaper. So why same approach was not followed for change in Ut parameter- which i think was a bigger event
6six69nine9
Gottem
@Mava (AI Support) early redemption fees are 1/3rd burned 1/3rd to USUALx and 1/3rd to usual*?ravished
@Mava (AI Support) early redemption fees are 1/3rd burned 1/3rd to USUALx and 1/3rd to usual*?
ravished
@Mava (AI Support) how is usual distributed for early usd0++ redemption?
DoctorDeFi
Ok I'll explain- The recent rev switch was announced beforehand right? Coz it was a big thing - we all knew it will happen and it wa sin the docs as well. But, you followed the process and announced it before hand- even though it was in whitepaper. So why same approach was not followed for change in Ut parameter- which i think was a bigger event
0xjmslnr
or video that explain specific point, if it's easier for average joe
Some decisions could've come as a surprise for some, but again, everything implemented until now has been displayed on the dApp, docs and whitepaper.0xjmslnr
I agree sir, just need to repeat sometimes multiple time, so less complain about "Oh I didn't know, etc"
Some decisions could've come as a surprise for some, but again, everything implemented until now has been displayed on the dApp, docs and whitepaper.DoctorDeFi
thats my point.
Noé
Some decisions could've come as a surprise for some, but again, everything implemented until now has been displayed on the dApp, docs and whitepaper.
I think what he want to say, for example for Ut param update, was to post about it before doing, not later in the weekly, oh by the way we updated that (where nobody really know the consequence/meaning of that because nobody is reading the whitepaper 😄)Noé
Sir, there's no need to explain or warn about "Ut" going higher. It is already written everywhere that the Early Redemption parameters is at maximum 6 months of rewards at the current rate. It implies that the rate changes ("current rate") etc. If someone wants to know exactly how it is calculated, they can indeed check the docs for more details.
0xjmslnr
More eduction/reminder, etc when you have something like that rather than. "but it's written in the whitepaper" just assume that nobody is reading it 😂
DoctorDeFi
so u think those decisions did not come as a surprise for users?
That's false: all features implemented until today have been disclosed in the dapp, docs and whitepaper. For further changes, such as the one highlighted in the latest article, it'll mostly go through governance.0xjmslnr
I think what he want to say, for example for Ut param update, was to post about it before doing, not later in the weekly, oh by the way we updated that (where nobody really know the consequence/meaning of that because nobody is reading the whitepaper 😄)
Noé
Nothing is in fineprint sir
That's false: all features implemented until today have been disclosed in the dapp, docs and whitepaper. For further changes, such as the one highlighted in the latest article, it'll mostly go through governance.DoctorDeFi
Discussion and things written in fineprint are two different things
Yeah I am not much of a fan of heavy decentralised approach atleast initially- makes everything bit hard to execute. But, changes at the protocol level should be atleast discussed before the decision is made.Noé
I agree, as previously outlined, all changes until now have been in the docs since day one. Now that community gave feedback, we're going to implement votes on the next core protocol features.
@Mava (AI Support) just asking for clarity, 100% unstaking fees of usualx go to USUALx stakers?ravished
@Mava (AI Support) just asking for clarity, 100% unstaking fees of usualx go to USUALx stakers?
Well, this isn't strange per se, that's how most protocol work at their beginning. But we've adressed that in our latest article, and governance will start with most of the proposals shared in the article.DoctorDeFi
Yeah I am not much of a fan of heavy decentralised approach atleast initially- makes everything bit hard to execute. But, changes at the protocol level should be atleast discussed before the decision is made.
@Mava (AI Support) what happens to the fees to unstake usual? 1/3rd burned, 1/3rd to USUALx, and 1/3rd to usual*?So so all the adjustments and changes to protocols happen all of sudden and we all get to know about it when it happens/or when the decision has already been madeNoé
That's false: all features implemented until today have been disclosed in the dapp, docs and whitepaper. For further changes, such as the one highlighted in the latest article, it'll mostly go through governance.
@Mava (AI Support) what happens to the fees to unstake usual? 1/3rd burned, 1/3rd to USUALx, and 1/3rd to usual*?ravished
@Mava (AI Support) what happens to the fees to unstake usual? 1/3rd burned, 1/3rd to USUALx, and 1/3rd to usual*?
DoctorDeFi
So so all the adjustments and changes to protocols happen all of sudden and we all get to know about it when it happens/or when the decision has already been made
0xjmslnr
it was locked before
Noé
Well, this isn't strange per se, that's how most protocol work at their beginning. But we've adressed that in our latest article, and governance will start with most of the proposals shared in the article.
0xjmslnr
Oh my bad, looks like it;s possible now
Gabee
😄
I saw your message
Gabee
You can too
0xjmslnr
can you post here only if you have specific rank
@DoctorDeFi hmm not what i'm aware of, I already asked for it but looks like it's not a priorityDoctorDeFi
strange
Gabee
# ✍ㆍsuggestions ser
0xjmslnr
@DoctorDeFi hmm not what i'm aware of, I already asked for it but looks like it's not a priority
but yeah from the beginning every protocol update should have a proposal that explain, when and why - and open for commentsDoctorDeFi
do we have a forum for discussion/proposals?
0xjmslnr
but yeah from the beginning every protocol update should have a proposal that explain, when and why - and open for comments
DoctorDeFi
yeah i get it. Not having a DAO does not mean things can't be discussed
0xjmslnr
but later they would have proposal, but only with Veto option
lol yes. Also, going through your replies, it seems community has not been happy lately because of bunch of change in parameters without prior/ or any discussion with the stakeholders. Am I correct in my observation?0xjmslnr
well, there is no DAO for now, so 😄
Oh my bad you were talking about USD0 rewards from USUALx ( I thought you were talking about USD0++ 😄)DoctorDeFi
lol yes. Also, going through your replies, it seems community has not been happy lately because of bunch of change in parameters without prior/ or any discussion with the stakeholders. Am I correct in my observation?
what are the circumstances where the daily usd0 rewards can decrease? Declining tvl is one. what are others? I assume more usualx holders0xjmslnr
Oh my bad you were talking about USD0 rewards from USUALx ( I thought you were talking about USD0++ 😄)
( I mean now it seems like it's mostly use to boost rewards, but it means lower it could decrease rewards too)
0xjmslnr
@DoctorDeFi
unknown l
why would that reduce the usd0 revenue share? isn't that just for usual emissions for usd0++
DoctorDeFi
whats that?
what are the circumstances where the daily usd0 rewards can decrease? Declining tvl is one. what are others? I assume more usualx holders0xjmslnr
Ut param/Scale factor update
DoctorDeFi
what are the circumstances where the daily usd0 rewards can decrease? Declining tvl is one. what are others? I assume more usualx holders
Noé
correct
vilicvane
When would there be something like CNY0, that would be extremely popular if legally viable I promise.
Gabee
OFAC is maintained by US right? So it would be countries like Cuba etc
there is some country that cant access Usual Dapp, how are the teams planning to make Usual accesible to all? @NoéProfits
Simply use a VPN .. end of story
Noé
such as the U.S.
or by regulatory concern
Noé
No, Usual blacklists countries according to the OFAC sanction list
alishahab
what i know is canada. is there any other country?
most of the countries where Usual isn't accessible are blacklisted by governments and financial listsGabee
Wait, usual is directly blacklisted?
Noé
they would need to be unblacklisted
so
there is some country that cant access Usual Dapp, how are the teams planning to make Usual accesible to all? @NoéNoé
most of the countries where Usual isn't accessible are blacklisted by governments and financial lists
alishahab
there is some country that cant access Usual Dapp, how are the teams planning to make Usual accesible to all? @Noé
Profits
Very important… we have to … ya’ll remember early usual believer “Profits” I’m gonna pull up in a Bugatti
Profits
No I’m not Noe, at least I have a plan and ya’ll can’t fail me
vilicvane
Wait aren't you already a millionaire?
I don't really get it ^^
We currently have a "company/crypto" valued at around 200m $.
They currently generate a revenue of 60 million $ a year.
Shouldn't investors flood this company and try to acquire it? 😅
You would gain a reliable income and could still resell the "company/crypto" for even more then the current value.
I guess we just need time until FOMO kicks in and be glad we are here early and gain big time in the future .alishahab
the FUD in Binance Square is crazy
I don't really get it ^^
We currently have a "company/crypto" valued at around 200m $.
They currently generate a revenue of 60 million $ a year.
Shouldn't investors flood this company and try to acquire it? 😅
You would gain a reliable income and could still resell the "company/crypto" for even more then the current value.
I guess we just need time until FOMO kicks in and be glad we are here early and gain big time in the future .vilicvane
Risks of losing all of course. But hoping what you said would be the case.
I don't really get it ^^
We currently have a "company/crypto" valued at around 200m $.
They currently generate a revenue of 60 million $ a year.
Shouldn't investors flood this company and try to acquire it? 😅
You would gain a reliable income and could still resell the "company/crypto" for even more then the current value.
I guess we just need time until FOMO kicks in and be glad we are here early and gain big time in the future .Yes as long as the project continue, I don't think the price would be a real issue. What I want are just the share and USD revenue.Misery
I don't really get it ^^ We currently have a "company/crypto" valued at around 200m $. They currently generate a revenue of 60 million $ a year. Shouldn't investors flood this company and try to acquire it? 😅 You would gain a reliable income and could still resell the "company/crypto" for even more then the current value. I guess we just need time until FOMO kicks in and be glad we are here early and gain big time in the future .
alishahab
they keep on selling and we keep on catching 😅
Half mil looking skinny af… but I am holding strong and believing the team won’t fail investors who believe in their innovative project
I did similar around same time, but hedged with short futures and they saved me. The potential is there, but the team doesn't quite understand that their comms need to instill confidence and stability, which the market prices of usual and usd0++ clearly is indicating isn't there. This isn't bad faith. I have a lot of money in this project and want to see it succeed. But they need to do some introspection. The first bullet of the latest announcement is, "Recent USD0++ volatility has raised legitimate concerns about the protocol," which to an investor suggests that there are (still) challenges with the protocol.Profits
Half mil looking skinny af… but I am holding strong and believing the team won’t fail investors who believe in their innovative project
I did similar around same time, but hedged with short futures and they saved me. The potential is there, but the team doesn't quite understand that their comms need to instill confidence and stability, which the market prices of usual and usd0++ clearly is indicating isn't there. This isn't bad faith. I have a lot of money in this project and want to see it succeed. But they need to do some introspection. The first bullet of the latest announcement is, "Recent USD0++ volatility has raised legitimate concerns about the protocol," which to an investor suggests that there are (still) challenges with the protocol.vilicvane
Too bad I closed my hedge position. 🥲
DV
theyll be more poor when eth gas fee increases
vmele
I did similar around same time, but hedged with short futures and they saved me. The potential is there, but the team doesn't quite understand that their comms need to instill confidence and stability, which the market prices of usual and usd0++ clearly is indicating isn't there. This isn't bad faith. I have a lot of money in this project and want to see it succeed. But they need to do some introspection. The first bullet of the latest announcement is, "Recent USD0++ volatility has raised legitimate concerns about the protocol," which to an investor suggests that there are (still) challenges with the protocol.
Profits
Something like that … earn page bud
BingChilling
when u stake ?
vilicvane
Just anchor the price with the inflation, that would be fine. I don't think MM is necessary for Usual but I am worry about black mailing. Though in long term it should be manageable.
Tree of Millions
There is nothing mate
DoctorDeFi
but then MM are not very keen if token has high inflation
No, market maker moves the price easily. They do so by controlling the orderbook and create signals for people and bots to trade in the direction in their favor.DoctorDeFi
yeah this too
lol. no. MM are very important. Most of the big exchanges dont even list the token unless u have market makers. They create better PA and stabalize the price also help in spreads.Usual
DoctorDeFi
lol. no. MM are very important. Most of the big exchanges dont even list the token unless u have market makers. They create better PA and stabalize the price also help in spreads.
BingChilling
in earn page scroll down
Tree of Millions
And even DeBank/Zerion show nothing
I disagree, MM usually helps stablazie price- not necessary move it in one or the other dirction. Having said that, very difficult to onboard market makers for token with high inflation.BingChilling
i'm pretty sure crypto MM is net negative most of the time
I disagree, MM usually helps stablazie price- not necessary move it in one or the other dirction. Having said that, very difficult to onboard market makers for token with high inflation.vilicvane
No, market maker moves the price easily. They do so by controlling the orderbook and create signals for people and bots to trade in the direction in their favor.
Tree of Millions
Hello, why can’t I see my USD0 from the revenu switch in the app ?
DoctorDeFi
I disagree, MM usually helps stablazie price- not necessary move it in one or the other dirction. Having said that, very difficult to onboard market makers for token with high inflation.
Profits
I think one of the major problems this project is facing is binance square, binance should end the square once and for all .. its doing more harm than good
Should hire a good market maker to boost up the price, there’s quite a lot of people wanna see usual fail, guess they will short a lot if usual price goes up, liquidate those short should be a nice profit.BingChilling
it's not organic just stay in this price zone longer. so people cant accumulate more
DoctorDeFi
TVL seems to be stabalizing. That's the only metric I am following! Let's see what happens in next 1 week
Profits
Should hire a good market maker to boost up the price, there’s quite a lot of people wanna see usual fail, guess they will short a lot if usual price goes up, liquidate those short should be a nice profit.
chillout
So iUSD++ should be launched today or tomorrow?
dv
yes i think that was mostly it
There is an announcement/feature launch planned for tomorrow is that correct ?
Is there an approximate time when those are usually made ?BingChilling
u mean iusd0++ ?
0xjmslnr
well yeah I know, I'm only talking about this param specifically
There is an announcement/feature launch planned for tomorrow is that correct ?
Is there an approximate time when those are usually made ?DoctorDeFi
1) what
dv
There is an announcement/feature launch planned for tomorrow is that correct ? Is there an approximate time when those are usually made ?
@Noé if I understand correctly, when Ut param went up last week, it means more "rewards" for USD0++ so more USUAL inflation (for the same TVL).
And if USUAL price keeps dropping we could increase even more Ut param to keep up with USD0++ APY (if not USD0++ APY would start to be much lower than 20%)
Is this statement correct?Noé
This statement is not correct sir, as Ut is only a function of USD0++'s TVL and rates.
0xjmslnr
@Noé if I understand correctly, when Ut param went up last week, it means more "rewards" for USD0++ so more USUAL inflation (for the same TVL). And if USUAL price keeps dropping we could increase even more Ut param to keep up with USD0++ APY (if not USD0++ APY would start to be much lower than 20%) Is this statement correct?
Ww
Is there a roadmap for changes from last announcement?
Gabee
For price speculation feel free to join # 🧐ㆍspeculation
Noé
1% of DeFi users make 99% of the TVL
Noé
that's normal tho
0xjmslnr
and only 800 users have more than $5,000 in USD0++
ATH USD0++ holders (3 weeks ago) , around 7000 but only 5,800 now 😕 and keep going down
vilicvane
Actually (poor USUAL -> USUALx liquidity) resonates with the high staking rate, good sign. 🍻
Paranoid Android
and still price goes down
mario117 BT-P City
Now finally it's resolved
Uff I been freaking out over this
I finally got it!!
You have to use bridge to swap eth on chain bnb to chain eth and then will work. I had same problemmario117 BT-P City
Yessss
vqwer
You have to use bridge to swap eth on chain bnb to chain eth and then will work. I had same problem
little salted fish
okay, Thank for your reminder.
Gabee
Keep staking 
You're allowed to complain, just like anyone here.
May I remind you most of the USUAL team is French, imagine if we couldn't complain? That wouldn't be fair 😌
SolutionsB0.16
exactly
Freddiee 💎🙌
I'm a human 👨 I'm "free to laugh"
well it doesn’t seem this project has a price discussion channel and i believe we’re allowed to make any complaints on this general channelGabee
You're allowed to complain, just like anyone here. May I remind you most of the USUAL team is French, imagine if we couldn't complain? That wouldn't be fair 😌
SolutionsB0.16
what’s funny, are you a mod ?
well it doesn’t seem this project has a price discussion channel and i believe we’re allowed to make any complaints on this general channelFreddiee 💎🙌
😂 ppl want to be free to give "complaints" but they didn't even read
well it doesn’t seem this project has a price discussion channel and i believe we’re allowed to make any complaints on this general channelwell it doesn’t seem this project has a price discussion channel and i believe we’re allowed to make any complaints on this general channel
HektorX.Crypto
# 🧐ㆍspeculation
SolutionsB0.16
well it doesn’t seem this project has a price discussion channel and i believe we’re allowed to make any complaints on this general channel
oh, sorry, I'm not good at discord, and cannot distinguish the purpose of each channel.Gabee
No worries! The general channel is for every discussion, except for the price discussion 😄
ngocbeo1121
farming naked with increasing mint factor you will get rekt for sure
Jimny2024
Ena had to divided 7.5 times from ath to atl and backed its' ego. So why not Usual? Just hold tightly and you will soon see result
little salted fish
oh, sorry, I'm not good at discord, and cannot distinguish the purpose of each channel.
No, I'm not good, the price continues to cool my heart, over over over and over again.😭Gabee
The project is still in its early days and there's a lot coming up! If you want to talk about price speculation, kindly join the # 🧐ㆍspeculation channel 😊
little salted fish
No, I'm not good, the price continues to cool my heart, over over over and over again.😭
little salted fish
yeah, I know, I just gave a example.
Gabee
https://tenor.com/view/tim-cook-what-a-fun-morning-fun-apple-morning-gif-13997684
Good morning everyone, have a great day 🌞
Ravene | Cookie DAO
There are other better platforms you can use
Gabee
Use cowfi ser, or uniswap
poorfxck
Lmao 10k USDC for 2k of USUALx 😂
mario117 BT-P City
I don't get it 😦
little salted fish
In fact, u can direct buy usualx on Binance wallet, The premise is that u can find the correct usualx contract address.
mario117 BT-P City
This is so frustrating
poorfxck
Anyway it’s a Binance issue, best to ask them
poorfxck
Just swap USUAL for USUALx or add more ETH to stake
The only wallet from Binance that is actually any decent is Trust wallet
I will never understand why people are using Binance wallets
little salted fish
U sure your eth is on evm chain? rather than other layer2 chain?
mario117 BT-P City
Why?
Jimny2024
Should change to another wallet.
mario117 BT-P City
I am trying all but it won't let me
I have 0 money left to add more !
Mava (AI Support)
Es könnte sein, dass die Gasgebühren für die Transaktion höher sind als der Betrag, den Sie in ETH haben. Versuchen Sie, etwas mehr ETH in Ihrer Web3-Wallet zu haben, um die Transaktionskosten zu decken.
Mava AI Betamario117 BT-P City
Ich have $42 worth of ETH on my web3 wallet and still can't stake my 8020 USUAL
I don't get it!!!
You don't have to, just open another dApp (e.g., uniswap) and connect your current wallet. Also you can add your wallet to MetaMask/OKX or any other wallet apps with the recovery phase.vqwer
Ok thanks
Jimny2024
Don't accept any DM. They're all scammers
vqwer
But I will have to transfer eth and usual so that is additional fee
vilicvane
The fees are similar for different apps.
vqwer
Ye and pay much more gas fee
vilicvane
You will get more USUAL though.
vqwer
Smartphone, i will try later pc
신이치
Can't I get compensation if I start staking on Tuesday?
vilicvane
Maybe some bug of Binance wallet.
Jimny2024
Try on another dex such as Cow or main page Usual
Bercianos
For me, smartphone does not work, PC does.
Bercianos
Sometimes I have the same trouble. Are you trying to swap through smartphone or PC?
vilicvane
Tried restarting the wallet app?
vqwer
I just send photo, where i have more than need
vilicvane
It's just an AI, I would refer to doc for more accurate info.
Mr. Lin
hi ser, I think you need more $ETH as gas fees
Usual
wim
what you mean i read somethin like 1/3 burn 1/3 goes toe usualx and 1/3 usual* insiders
Hall o people i have question what is going to happen with early redemption fee, from the 1:1 usd0++ unstakers. is part of it to be paid to usualx vault?Mava (AI Support)
The early redemption fee for USD0++ unstakers involves giving back some accrued USUAL rewards to exit at a 1:1 rate. However, the specific allocation of these fees, such as whether they are paid to the UsualX vault, is not detailed in the available documentation.
Mava AI Betawim
Hall o people i have question what is going to happen with early redemption fee, from the 1:1 usd0++ unstakers. is part of it to be paid to usualx vault?
Freddiee 💎🙌
ya, we need ppl to talk less and show their real actions 😂
HanselR
that’s my brosky👏🏻💅🏻
to all the buyers thanks for your liquidity. you helped my usd0++ position almost breakeven. just 1-2 months more I will exit this whole thingpoorfxck
Just 2 months? Damn you probably hold like 500$ 😭
Mava (AI Support)
USUAL management aims to increase the value of the USUAL coin through several strategies. These include ensuring the token's scarcity by decreasing its emission rate relative to the total value locked (TVL) as new deposits are made, aligning token issuance with real revenue growth, and incentivizing long-term participation through staking rewards. Additionally, USUAL holders have governance rights to influence key decisions, which can further drive the protocol's success and, consequently, the coin's value. References: 1,2
Mava AI BetaSammyy
What is the method USUAL management will take to make the usual coin value increase
to all the buyers thanks for your liquidity. you helped my usd0++ position almost breakeven. just 1-2 months more I will exit this whole thingvilicvane
I guess that's exactly long-term holders would wish for.
vilicvane
I bought the initial 150k at 0.58, and bought more after then. Still want to buy in but already at my maximum position for single token. 😢
Sebastian Pereira
Can the USUAL team facilitate the return of PT-USD0++ markets on Euler?
miky
OMG!@
miky
What price did you buy usual at?
Arav .xD
💀
no galxy update , i was holding 400 usual sudden price drop wft is going on i was inactive lit bit can anyone explain mevilicvane
Relax, I am holding 330k.
Arav .xD
no galxy update , i was holding 400 usual sudden price drop wft is going on i was inactive lit bit can anyone explain me
xun2x
What the top TVL ? 1,8B
vilicvane
If I recall correctly, the minting rate is dynamic and relate to TVL.
Drak
circulating supply is now under 15% of total supply, it will be unlock/mint overtime
@Mava (AI Support) what allocation of usual is minted as tvl grow? what happen if total usual supply is unlocked and tvl still growing?vilicvane
What do you mean by "unlocked"?
Nanobro
USL value usd0++ at $1?
Drak
@Mava (AI Support) what allocation of usual is minted as tvl grow? what happen if total usual supply is unlocked and tvl still growing?
Mava (AI Support)
The circulating supply of USUAL increases as more USD0++ is minted and as the protocol grows. The minting of USUAL tokens is tied to the revenue generated by the protocol, which is influenced by the Total Value Locked (TVL) and other factors. As the protocol's revenue grows, more USUAL tokens are minted and distributed, which increases the circulating supply. References: 1
Mava AI BetaDrak
Why circulating supply of usual is increasing too much, where does it come from?
vilicvane
That estimated value don't mean much as it's calculated based on market prices while there is a ~10% room for market price if arbitragers are doing their works.
Mava (AI Support)
When you stake USUAL, the conversion rate to USUALx is not 1:1 because USUALx acts like a vault-share, which is proportional to your share of the rewards. This is not a loss but rather a representation of your share in the staking pool.
Mava AI Beta
millionzz
who else got here from brian jungs video
xXx
Yes!!!
alishahab
lol
winterfell
stop rug us usual
ricardo
01/23/2025 at 21:46:45 ESTFu king scam project, I'm done with this cya, keep losing money y'all
Blockchain | AI Developer with over 5 years of expertise in Rust and Solidity.
With expertise in Frontend and Backend technologies, as well as hands-on experience in Ethereum, Sui, Aptos, Base, Polygon, Polkadot, Solana, HBAR etc.
Bitcoin Script Application Development ( Bank accounts ⬅️➡️Bitcoin wallets)
Innovative biometric wallet Development (Face, Fingerprint)
AI Agent development (Eliza framwork, Virtuals)
also, Familiar in the TON network and developed 📱 Tap-To-Earn-Game which is gaining huge popularity among users.
I have rich experience with Fireblocks and Participated all in on Game studios Developement.
Lucky Boy
I have an idea a ton app where users can tap the screen to earn and they can purchase miners to boost up the mining process.
Kate
Participated in building DeFi, designed to streamline cross-chain transactions and improve interoperability between various blockchains, NFT Market Place on Solana, Cadano Have developed 🔰Sniper Bot, 🔰CopyTradeBot (Same Block or 2nd Block - High speed⚡ ), 🔰Wallet development, 🔰 Token swap exchange 🔰Arbitriage Bot. Have a unique sense of UX/UI and am strong in Frontend development. (React/Next, Vue/Nuxt, Aurelia) - App (Flutter, Swift UI, Capacitor) In the AI Field, Have experience developed AI services by integrating LLM with various APIs Plz contact me If you need my service.
Blockchain | AI Developer with over 5 years of expertise in Rust and Solidity. With expertise in Frontend and Backend technologies, as well as hands-on experience in Ethereum, Sui, Aptos, Base, Polygon, Polkadot, Solana, HBAR etc. Bitcoin Script Application Development ( Bank accounts ⬅️➡️Bitcoin wallets) Innovative biometric wallet Development (Face, Fingerprint) AI Agent development (Eliza framwork, Virtuals) also, Familiar in the TON network and developed 📱 Tap-To-Earn-Game which is gaining huge popularity among users. I have rich experience with Fireblocks and Participated all in on Game studios Developement.
chillout
iUSD++ launch today? it's the end of week already
xun2x
Btw TVL, down to 1.09B
When usd0++ price cut to 0.87 from 1, user outflow, and now team set price to 0.92. User will inflow ? It's look like uncertainty in usual team.
CongQ
# 🧐ㆍspeculation bruh
Dave.race
So pessimistic!
Lucky Boy
little salted fish
I'm at 0.29.
Lucky Boy
To have chance to sell my premarket positions at .25 hue hue
DoctorDeFi
why not 0.1?
emm... I think the most important thing is to first stailize the present moment. 2028 is too far away compare to now.Lucky Boy
We need to stabilize at .2 and stay for like a year before proceeding to .04
little salted fish
emm... I think the most important thing is to first stailize the present moment. 2028 is too far away compare to now.
Loic_C42
What is the future of protocol next 2028
Freddiee 💎🙌
U’re welcome
miky
Thanks,bro
Freddiee 💎🙌
Many ppl misunderstood it then kept asking why their USUAL after unstake is lower than before sometimes
So the rewards obtained from staking will not be displayed on the page, and can only be calculated when unstaking, right?Freddiee 💎🙌
On dapp, you can simulate unstake to see it. However, plz note that dapp may routes u to secondary market - community made - where you don’t have to pay 10% fee but the ratio is usually lower than primary market
U can check debank for USUAL compounded reward, and Earn page on dapp for USD0 rev-switch rewardmiky
So the rewards obtained from staking will not be displayed on the page, and can only be calculated when unstaking, right?
Freddiee 💎🙌
U can check debank for USUAL compounded reward, and Earn page on dapp for USD0 rev-switch reward
Mava (AI Support)
When you stake USUAL, you earn rewards every block. To check your pending rewards, simulate an unstake. The withdrawal amount will include your rewards, minus a 10% unstaking fee. Essentially, your vault share increases in worth over time, allowing you to withdraw more than you initially deposited.
Mava AI Betamiky
I stake usual ,Why I didn't get usual or usualx as rewards? Where to check?
CongQ
Today
chermiw_
do you guys think that we will still have alt coins season?
Mava (AI Support)
The floor price for USD0++ was increased to 0.92 USD0 per USD0++ as part of a proposal to rationalize USD0++ pricing and address liquidity constraints. This change was introduced alongside the early unstaking mechanism.
Mava AI Beta
EG
When floor price update at 0.92?
miky
usualx get usual or usualx as rewards?
miky
does usualx rewards have a 7-day verification period before distributions begin?
Lucky Boy
Lol
CongQ
hello
luckyyyyy1243
Hello
Lucky Boy
Anyone still alive here hello?
I think thats not going to deplete usd0 tvl. Once sizeable enough, this can create a new lending avenue and create a competition vs other stablecoin borrowingDave.race
What lending avenue?
CongQ
Usual aims to aggregate Tbill vendors which is the giga major focus of the trump administration, TBill efficiency + blockchain
DoctorDeFi
stablecoin market is going to giga expand. USUAL is unique sharing 100% yield. Hopefully we do pass these initial hiccups
CongQ
CBDCs are dead, long live USD0 !
SatoshiXXX
If you want simplicity you could buy melania 🤣
Do we have anything clearer about taking loans in USD0 using USD0++?
My feeling is that it could bleed TVL if people do that and sell their USD0 (for USDC for example). Do we have specifics on how it will work?SatoshiXXX
I think thats not going to deplete usd0 tvl. Once sizeable enough, this can create a new lending avenue and create a competition vs other stablecoin borrowing
SatoshiXXX
No, you are
imanol
we are going direct to hell
CongQ
rn yes, its a dynamic value adjusted based on a lot of factors
Brad | Giraft.io
got it thanks, its actually mor expensive to use usual
Do we have anything clearer about taking loans in USD0 using USD0++?
My feeling is that it could bleed TVL if people do that and sell their USD0 (for USDC for example). Do we have specifics on how it will work?CongQ
https://docs.usual.money/usual-products/future-products/usual-stability-loans-usl
Do we have anything clearer about taking loans in USD0 using USD0++?
My feeling is that it could bleed TVL if people do that and sell their USD0 (for USDC for example). Do we have specifics on how it will work?Mava (AI Support)
Currently, there is no specific information available about taking loans in USD0 using USD0++. The concern about TVL bleeding if people take loans and sell their USD0 for other stablecoins like USDC is valid, but there are no detailed specifics on how this will be managed or mitigated.
Mava AI BetaDave.race
Do we have anything clearer about taking loans in USD0 using USD0++? My feeling is that it could bleed TVL if people do that and sell their USD0 (for USDC for example). Do we have specifics on how it will work?
CongQ
simply go to the dApp -> Swap
Dave.race
0.0013 USUAL/USD0++ per day (at least yesterday it was like that), and we're pretty maxed at 6 months at the moment
Brad | Giraft.io
trying to get an example
the required USUAL amount is calculated dynamically based on the current TVL inflow/outflow and the current reward rate at the time of unstaking, so it's a dynamic number that varies daily.Brad | Giraft.io
how to simulate
Dave.race
I just read the blog post. Oh god... it's getting so complicated
CongQ
the required USUAL amount is calculated dynamically based on the current TVL inflow/outflow and the current reward rate at the time of unstaking, so it's a dynamic number that varies daily.
Brad | Giraft.io
1:1 early redemption yes
CongQ
what fee? 1:1 early redemption? swapping via LP requires no "fee"
Revenue switch USD0 rewards are auto deposited into your wallet as of now, if your rev switch rewards are less than $10, it will be saved towards the next epoch
Brad | Giraft.io
what is fee for swapping usd0++ to usd0
Gm guys. Do you have problems with pending rewards and revenue switch? All is zero for me, its not refreshing :/CongQ
Revenue switch USD0 rewards are auto deposited into your wallet as of now, if your rev switch rewards are less than $10, it will be saved towards the next epoch
Gm guys. Do you have problems with pending rewards and revenue switch? All is zero for me, its not refreshing :/Mava (AI Support)
Good morning! It seems like you're experiencing issues with your pending rewards and the revenue switch not updating. This could be due to a temporary glitch or delay in the system. Please ensure that your USUALx tokens are held in addresses accessible to end-users, as the Revenue Switch is exclusively available to these tokens. If the issue persists, I recommend reaching out to support for further assistance.
Mava AI Betamarcusv
Gm guys. Do you have problems with pending rewards and revenue switch? All is zero for me, its not refreshing :/
Gabee
Thank you 😊
Gabee
Feel free to mention this in # ✍ㆍsuggestions ser
ah ok. i hope team changes this logic "monday to monday" - market becomes predictable and will attract quite a lot of actors and flash loan speculators. The UI should allow continuous reward logic in realtime, which should be "claimable" anytime. Instead of dropsGabee
Yes. A claim will be implemented soon, this isn’t a definitive solution.
DoctorDeFi
ah ok. i hope team changes this logic "monday to monday" - market becomes predictable and will attract quite a lot of actors and flash loan speculators. The UI should allow continuous reward logic in realtime, which should be "claimable" anytime. Instead of drops
Gabee
From 27th Jan to 3rd feb. complete week epoch only (for usd0)
kiratsunami
no you missed this week epoch (I'm talking about rrevenue switch of UsualX) the staking of UsualX starts from the moment you start the process
DoctorDeFi
so the reward would accumulate from today till next monday?
kiratsunami
3 FEB
DoctorDeFi
so i staked today. will I get rewards thsi monday or next monday?
JaharakaL
@Gabee its cool
@Noé is there some issue with Veda Berachain vault ? reward seems quite low especially ofr one or two weekunknown l
ok everyone has this problem so i guess that is good
Gabee
Amazing emoji!
JaharakaL
kiratsunami
yep bro
Eden
Wsup, Noé. Any news about Morpho retroactive rewards?
Noé
I wish
JaharakaL
Noe can you pump it before going to sleep?
I believe the main issue with the adoption of the project is its complexity. The announcements and even the whitepaper are quite difficult to understand for the average, and even above-average, user. I've noticed in recent days, since USUAL's launch, that people often ask questions because they don't understand how it works or what you're announcing. Therefore, I think it's essential to make the project and its message more accessible to increase adoption. It's as simple as running any tweet or blog post through an AI generator to simplify the language. Remember, adoption is key, and if people don't understand what they're investing in, they won't invest or may spread FUD.
Noé
It’s clearly price talk
You said “dump”
And yes it’s price talk
Is the team going to revise anything in connection with such a dump, or will the project rules remain unchanged?
@Noé
its not about price-talking, its about planNoé
Well, we did just release a 4 pages article in case you didn’t see it 💀
weopall
Is the team going to revise anything in connection with such a dump, or will the project rules remain unchanged? @Noé its not about price-talking, its about plan
alishahab
i gonna Long Usual 😂
kiratsunami
it was done in the 31Dec in France
VidékiMan
I’m hoping for the same. I’ll hold on.
JaharakaL
Since its a long term project i dont worry it might pump in 1 year or in 2 years
My entry was 1.1 etc
VidékiMan
Is it worth holding it like this? Unfortunately, it’s growing very slowly. I bought it at around 0.8, and I’ve lost a lot on it since then.
JaharakaL
You are welcome
VidékiMan
okay, thank you
JaharakaL
This monday you will take your rewards from 13-20 and from 20-27
The Gas fees were way too high in order to send 3.57 and pay like 15 usdt for the fees so the low budget rewards will be send this monday with the extra rewards
Every time I ask a question here, at least 5 people add me and try to scam me. It’s terrible.Usual
VidékiMan
Every time I ask a question here, at least 5 people add me and try to scam me. It’s terrible.
Yeap it was always weekly payouts and the display was monthly so now display is weekly like the payoutVidékiMan
Then I still don’t understand—if the payouts are weekly, why haven’t I received a single payout in two weeks? Do I only get paid if I stay in for a full weekly period? Because if that’s the case, then this might be the issue, as I understand it.
May i ask if anyone else experience any "delay-lag" on dApp using Firefox? Even with clean profile the site seems laggy but on my Chrome everything is fineUsual
JaharakaL
May i ask if anyone else experience any "delay-lag" on dApp using Firefox? Even with clean profile the site seems laggy but on my Chrome everything is fine
Yeap it was always weekly payouts and the display was monthly so now display is weekly like the payout
The previous week we had projected rewards "Monthly" and now it displays the reward you will take "PER WEEK"VidékiMan
Ok, now I understand. So, from now on, there will be weekly payouts, right?
CongQ
woah u sayin, u get sleep?
JaharakaL
The previous week we had projected rewards "Monthly" and now it displays the reward you will take "PER WEEK"
VidékiMan
Alright, I hope so. But I didn’t receive the earlier 10+ USD0 either. Why could that be? I think it was around 16 USD0 if I remember correctly.
JaharakaL
The previous week + this week
Yeapp you will receive 3.57 + 3.57
VidékiMan
at jan 27?
JaharakaL
If you had less than 10 USD0 rewards earned per week you will take them this Monday
VidékiMan
I don’t understand this. What should I do and where?
Noé
probably, I have to work on that 
JaharakaL
I think its less
Noé
according to my phone, I sleep 5 to 6 hours per day rn lmfao
correct
JaharakaL
Check the tooltips
The display was monthly and now it shows weekly
VidékiMan
In the first week, the displayed amount was 10+ USD0.
JaharakaL
Noe how many hours you sleep per "week" 
Noé
You probably had less than 10 USD0 projected: it'll be distributed in the next weeks
VidékiMan
I’ve checked, but there’s no USD0 at all. I don’t know what the issue is.
Hey Guys! I’ve been holding USUALx in my wallet, which has been connected to the website since January 9th. During this time, I haven’t received any USD0 rewards, even though, as I understand, I should be receiving them automatically. What’s the issue?poorfxck
Check your wallet, USD0 should be deposited there
Hey Guys! I’ve been holding USUALx in my wallet, which has been connected to the website since January 9th. During this time, I haven’t received any USD0 rewards, even though, as I understand, I should be receiving them automatically. What’s the issue?Mava (AI Support)
Hi! If you have been holding USUALx in your wallet, you should receive USD0 rewards at the end of each weekly epoch. Please ensure that your wallet has been holding the USUALx continuously from the start to the end of the weekly epoch. If you transferred USUALx during an epoch, you might miss the rewards for that period. If everything seems correct and you're still not receiving rewards, there might be an issue that needs further investigation.
Mava AI BetaGot a walkthrough or explanation text or video how any of that would work?
Doesn't need to have all the basics, but stuff to set it up for a newbie 😅VidékiMan
Hey Guys! I’ve been holding USUALx in my wallet, which has been connected to the website since January 9th. During this time, I haven’t received any USD0 rewards, even though, as I understand, I should be receiving them automatically. What’s the issue?
really after read this all you get is revenue switch ? bro you can get unlimited gain with arbitrage and degen by morpho liquidationMisery
Got a walkthrough or explanation text or video how any of that would work? Doesn't need to have all the basics, but stuff to set it up for a newbie 😅
Ksp
Scam
BingChilling
https://x.com/usualmoney/status/1882442600852119794
📚 A New Dawn for USD0\+\+: Road to Parity Usual unveils a comprehensive plan to stabilize and enhance USD0\+\+, responding to community feedback & market conditions\. From liquidity enhancements to governance upgrades, here’s a deep dive into our roadmap toward parity 👇
X • 01/23/2025 09:57:44 ESTreally after read this all you get is revenue switch ? bro you can get unlimited gain with arbitrage and degen by morpho liquidation
Oni
I dont see this, can u send me the link? It is very graty,
I read about the "revenew switch" but what I want to know is if the protocol ends, does the stable end after these 4 years? What will happen to us holders of usualX after these 4 years, will we remain in the project, will we be left with a token of something that has ended? This was not clear.ricardo
01/23/2025 at 15:25:16 ESTFor real, this is a loss money printing machine
Brad | Giraft.io
what is the fee? how do we see this?
Brad | Giraft.io
ah so not really 1:1 if required to burn USUAL
Is Usual offering 1:1 redemptions on USD0++? Or am I reading wrong information from Bluechip twitterMava (AI Support)
Yes, Usual offers 1:1 redemptions on USD0++ for USD0. Users can redeem USD0++ for USD0 at any time by returning a specific amount of USUAL tokens. The amount of USUAL required depends on several factors, including the current USUAL rewarded per USD0++, an adjustment factor based on weekly outflow targets, and a time cost factor.
Mava AI BetaBrad | Giraft.io
Is Usual offering 1:1 redemptions on USD0++? Or am I reading wrong information from Bluechip twitter
Oni
Good, very good
@Mava (AI Support) I read about the "revenew switch" but what I want to know is if the protocol ends, does the stable end after these 4 years? What will happen to us holders of usualX after these 4 years, will we remain in the project, will we be left with a token of something that has ended? This was not clear.Mava (AI Support)
The Usual protocol is designed to continue beyond the initial 4-year period. After this period, the protocol will enter a new stage with different mechanisms and flows. USUAL will remain a central part of the protocol, ensuring its long-term utility and staking advantages. Therefore, holders of USUALx will continue to have a role in the project, and the token will not become obsolete. The protocol will evolve, and new products and mechanisms will be introduced to sustain its growth and utility.
Mava AI BetaOni
@Mava (AI Support) I read about the "revenew switch" but what I want to know is if the protocol ends, does the stable end after these 4 years? What will happen to us holders of usualX after these 4 years, will we remain in the project, will we be left with a token of something that has ended? This was not clear.
Oni
I read about the "revenew switch" but what I want to know is if the protocol ends, does the stable end after these 4 years? What will happen to us holders of usualX after these 4 years, will we remain in the project, will we be left with a token of something that has ended? This was not clear.
I tried cow, I just keep losing money, and the transition is not working
poorfxck
Waiting for gas to drop to 6 gwei to buy some usual
BingChilling
Example swap lol.
Oni
Can u send me?
poorfxck
Hey, can I have 1$ please??
Oni
O think no
Today, it is usual to have a guaranteed income for the next 4 years through its treasury bonds. After these 4 years, what happens?BingChilling
Read latest annoucement??
@Mava (AI Support) Today, it is usual to have a guaranteed income for the next 4 years through its treasury bonds. After these 4 years, what happens?Mava (AI Support)
After the 4-year period, the holder of USD0++ can choose to claim their rewards in the form of USUAL tokens or the risk-free yield in USD0. Additionally, the principal amount initially locked in USD0 is returned to the holder. Reference: 1
Mava AI BetaOni
@Mava (AI Support) Today, it is usual to have a guaranteed income for the next 4 years through its treasury bonds. After these 4 years, what happens?
Today, it is usual to have a guaranteed income for the next 4 years through its treasury bonds. After these 4 years, what happens?
Gabee
You got silenced by the bot because you used a slur, ser
It’s often like this, especially at the start of projects. Let’s just keep in mind that the TVL is still over $1 billion, which is an absolutely massive pile of money. Having this kind of yield for several months would indeed be very lucrative for those invested here.
This is the kind of project you buy into and forget about for a long time. However, I feel like there are a lot of people here trying to play both sides: benefiting from the yield and the USUAL token itself. It vaguely reminds me of $CAKE back in the day (though, to be clear, I’m not comparing it to USUAL, of course...)
CongQ
or just pc
try another wallet
ricardo
01/23/2025 at 14:43:43 ESTI can't confirm, I can't unstake my usualx
BingChilling
what are you trying to do blud
well, it might bring some here and there- but wont be for long -farmers harvest and move on. My point is , i don't see anything inherently wrong with the protocol. But the perception on X is really very bad for USUAL. 265% yield out of which 100% in stable is very lucrative, esp when the underlying USUAL is >80% down (seen most downside) and farmers are still not coming in numbers- tells you its trust/perception issue.well, it might bring some here and there- but wont be for long -farmers harvest and move on. My point is , i don't see anything inherently wrong with the protocol. But the perception on X is really very bad for USUAL. 265% yield out of which 100% in stable is very lucrative, esp when the underlying USUAL is >80% down (seen most downside) and farmers are still not coming in numbers- tells you its trust/perception issue.Stoik
It’s often like this, especially at the start of projects. Let’s just keep in mind that the TVL is still over $1 billion, which is an absolutely massive pile of money. Having this kind of yield for several months would indeed be very lucrative for those invested here. This is the kind of project you buy into and forget about for a long time. However, I feel like there are a lot of people here trying to play both sides: benefiting from the yield and the USUAL token itself. It vaguely reminds me of $CAKE back in the day (though, to be clear, I’m not comparing it to USUAL, of course...)
Mava (AI Support)
Yes, you can perform an early withdrawal by swapping USD0++ for USD0 on the swap page. You can access it here: Usual Swap Page.
Mava AI Beta
cue
What do you mean by “real” defi
truthbeautyjustice
so is early withdrawl just at the swap page?
poorfxck
I also started with Pendle first and then went on to real DeFi
bruno1995
I did something wrong, I went to make a deposit using ETH and ended up sending it to UDSTerc20, is it possible to recover?
DoctorDeFi
why would u unstake it. just swap it
Tbh I’m not even a super experienced DeFi user but those blogs are simple to understand. Yes ofcourse they always explain everything in detail. DeFi has always been this difficult.CongQ
u gotta take into picture most defi products are just "buy me and get yield" they dont even bring the underlying mechanism onto the table for average users to see unless you do deep digging
money fix that, let's see if +100% APY just for USD0 will bring new farmers here (I do not even mention the additionnal APY in USUAL)DoctorDeFi
well, it might bring some here and there- but wont be for long -farmers harvest and move on. My point is , i don't see anything inherently wrong with the protocol. But the perception on X is really very bad for USUAL. 265% yield out of which 100% in stable is very lucrative, esp when the underlying USUAL is >80% down (seen most downside) and farmers are still not coming in numbers- tells you its trust/perception issue.
BingChilling
i already reply to u just use cowswap lol
Tbh I’m not even a super experienced DeFi user but those blogs are simple to understand. Yes ofcourse they always explain everything in detail. DeFi has always been this difficult.HanselR
but you are an experienced!!!plain people are just users without super or experienced
DingoApe
yeah, complexity isn't really the obstacle IMO
ricardo
01/23/2025 at 14:31:04 ESTNow I get ban, because I'm saying none hasn't replied my, when I'm trying to unstake my usual, sadly this project is a , sc am
I believe the main issue with the adoption of the project is its complexity. The announcements and even the whitepaper are quite difficult to understand for the average, and even above-average, user. I've noticed in recent days, since USUAL's launch, that people often ask questions because they don't understand how it works or what you're announcing. Therefore, I think it's essential to make the project and its message more accessible to increase adoption. It's as simple as running any tweet or blog post through an AI generator to simplify the language. Remember, adoption is key, and if people don't understand what they're investing in, they won't invest or may spread FUD.poorfxck
Tbh I’m not even a super experienced DeFi user but those blogs are simple to understand. Yes ofcourse they always explain everything in detail. DeFi has always been this difficult.
no. PA is normal for such tokens, the USD0++ fiasco led to declining tvl as well. But, if nothing is worng fundamentally- ideally TVL should increase - reason (the basic premise of distributing 100% yield for a stablecoin platform). Need two things - (psycological) USD0++ to go back to as close to USDO, 2- Change in perception. For a stable coin protocol market perception is very important (trust). I have heard so much on X - people being banned from discord and X- it just makes the matters worse. They start posting about the project and trust is lost - very hard to fix that.Stoik
money fix that, let's see if +100% APY just for USD0 will bring new farmers here (I do not even mention the additionnal APY in USUAL)
no. PA is normal for such tokens, the USD0++ fiasco led to declining tvl as well. But, if nothing is worng fundamentally- ideally TVL should increase - reason (the basic premise of distributing 100% yield for a stablecoin platform). Need two things - (psycological) USD0++ to go back to as close to USDO, 2- Change in perception. For a stable coin protocol market perception is very important (trust). I have heard so much on X - people being banned from discord and X- it just makes the matters worse. They start posting about the project and trust is lost - very hard to fix that.truthbeautyjustice
yea my trust is shook. I probably wont be back with size.
I believe the main issue with the adoption of the project is its complexity. The announcements and even the whitepaper are quite difficult to understand for the average, and even above-average, user. I've noticed in recent days, since USUAL's launch, that people often ask questions because they don't understand how it works or what you're announcing. Therefore, I think it's essential to make the project and its message more accessible to increase adoption. It's as simple as running any tweet or blog post through an AI generator to simplify the language. Remember, adoption is key, and if people don't understand what they're investing in, they won't invest or may spread FUD.DoctorDeFi
no. PA is normal for such tokens, the USD0++ fiasco led to declining tvl as well. But, if nothing is worng fundamentally- ideally TVL should increase - reason (the basic premise of distributing 100% yield for a stablecoin platform). Need two things - (psycological) USD0++ to go back to as close to USDO, 2- Change in perception. For a stable coin protocol market perception is very important (trust). I have heard so much on X - people being banned from discord and X- it just makes the matters worse. They start posting about the project and trust is lost - very hard to fix that.
Mava (AI Support)
To process redemption, you can redeem your USD0 through Curve LPs at any time. However, for specific redemptions like USD0 to USYC, you need to be onboarded with Hashnote, Usual's current collateral partner.
Mava AI Betatruthbeautyjustice
where to process redemption?
Mava (AI Support)
Yes, early redemption is still available. However, if the limit is fully used up, it will be at the maximum fee. In such a scenario, floor redemption or market rates might be better options.
Mava AI Betatruthbeautyjustice
Is early redemption still available?
CongQ
but complexity will def be what separate most RWA/stablecoin projects from USUAL, since RWA should be booming this year.
I believe the main issue with the adoption of the project is its complexity. The announcements and even the whitepaper are quite difficult to understand for the average, and even above-average, user. I've noticed in recent days, since USUAL's launch, that people often ask questions because they don't understand how it works or what you're announcing. Therefore, I think it's essential to make the project and its message more accessible to increase adoption. It's as simple as running any tweet or blog post through an AI generator to simplify the language. Remember, adoption is key, and if people don't understand what they're investing in, they won't invest or may spread FUD.DoctorDeFi
hmm..i am new here- but check the TVL. its stabalising now- flat , hopefully should start to reverse. If you taken a huge hit till now- wait for another 10% maybe and then evaluate.
truthbeautyjustice
yea thats why im asking others with more knowlege.
CongQ
gut trading isnt really a stradegy
I believe the main issue with the adoption of the project is its complexity. The announcements and even the whitepaper are quite difficult to understand for the average, and even above-average, user. I've noticed in recent days, since USUAL's launch, that people often ask questions because they don't understand how it works or what you're announcing. Therefore, I think it's essential to make the project and its message more accessible to increase adoption. It's as simple as running any tweet or blog post through an AI generator to simplify the language. Remember, adoption is key, and if people don't understand what they're investing in, they won't invest or may spread FUD.Usual
HanselR
I believe the main issue with the adoption of the project is its complexity. The announcements and even the whitepaper are quite difficult to understand for the average, and even above-average, user. I've noticed in recent days, since USUAL's launch, that people often ask questions because they don't understand how it works or what you're announcing. Therefore, I think it's essential to make the project and its message more accessible to increase adoption. It's as simple as running any tweet or blog post through an AI generator to simplify the language. Remember, adoption is key, and if people don't understand what they're investing in, they won't invest or may spread FUD.
seraphim
You will sell it 95 in a couple of weeks
truthbeautyjustice
any idea on time period? my gut is telling me to just take the hit now.
so what are thoughts on Early Redemption mechanism? I bought a significant amount at par. thoughts? do people expect to price to improve?truthbeautyjustice
so what are thoughts on Early Redemption mechanism? I bought a significant amount at par. thoughts? do people expect to price to improve?
end
01/23/2025 at 14:18:15 ESTokay bro
Fadi
All Time High, it was 1.63 $
end
01/23/2025 at 14:17:42 ESTwhat ath?
eth ＝ big a？
Fadi
Read the new announcement of today please
end
01/23/2025 at 14:07:25 EST
hello everyone good day yep?Honestly I'm very curious, will it slowly return to its original position in the future?
CongQ
DoctorDeFi
nah not discussing price. just brainstorming best strategy to hedge
CongQ
or imma get spanked
but price discussions better move to # 🧐ㆍspeculation
its settling down these couple days, the borrowing rate also went of the charts
DoctorDeFi
but again that would be minimal.
and get additional yield
so another hedge would be to hold USDO++ instead of any other stablecoin
DoctorDeFi
yeah i saw the rates - they are off the charts.
I am sure many people have shorts on USUAL. Just to beat 'inflationary" price effect = price drop of USUALDingoApe
This also makes shorting USUAL very expensive in terms of funding rates
DoctorDeFi
That will be your best case to get the yield and protect initial capital.
I am sure many people have shorts on USUAL. Just to beat 'inflationary" price effect = price drop of USUAL
DoctorDeFi
basically to beat the system you have to hedge against price drop of USUAL
Arav .xD
scam or real
yeah, markets always over reacts. So the assets used to mint USD0 is basically the tvl = mcap/supply of USDOCongQ
over reaction + negative feedback loop basically, BRUTAL
DoctorDeFi
revenue switch is around 4.4% yield on 1.2B
CongQ
yeah USD0 is 1:1 collateralized by tokenized tbills like USYC or M, more products will be integrated in the future.
DoctorDeFi
yeah, markets always over reacts. So the assets used to mint USD0 is basically the tvl = mcap/supply of USDO
CongQ
imho overreaction from Jan7
DoctorDeFi
yeah but the news is old.
DoctorDeFi
sudden drop and now stabalizing. (as per the charts)
Gabee
Yes ser
poorfxck
Not really, just got an email now lol
CongQ
yeah steady positive inflow until 1.7 happened basically
DoctorDeFi
so I guess highest TVL was in first week of Jan - 1.8B
DoctorDeFi
old news
CongQ
hey man long time no c
CongQ
poorfxck
DefiLlama
TheBegginer
there is one on Dune I believe
DoctorDeFi
is there a chart which shows me TVL over a period of time?
Noé
https://docs.usual.money/usual-products/future-products/usual-stability-loans-usl
Noé
https://docs.usual.money/usual-products/future-products/usual-stability-loans-usl
you deposit USD0, they give you USD0++, you get to borrow that USD0 that you deposited. doesnt get minted. however, if you redeem the USD0 for USDC, then this would cause some wierd stuff with yields for USD0/USD0++ since there is less $ earning treasury yieldNoé
Nope, since you'll pay interest rates for your borrow
seraphim
Where did find that?
CongQ
ahh sht i missed that link lol, now i see it felt like an ape
DoctorDeFi
there is a link in the blogpost - in detail about usl. read it
seraphim
Finally we are talking. Good that Usual recognizes that USD0++ was never a zero coupon bond as some illuminated minds floated. Good as well that the protocol recognizes that if a symbiotic relationship between Usual holders and USD0++ holders is not re-established, Usual token will be burned to the ground. I got one week grounded on the Discord because I said exactly this. Moderators treated Usd0++ holders as second class citizens. USD0++ should trade above 95 since we can redeem on reality USD0++ for USD0 within only a couple of months. Still. I will short usual anyway until all this got implemented.
DoctorDeFi
lol did anyone of u read this? its super bullish
CongQ
damn whoever sent that link :^)
apetogether
@DingoApe ^
There's only two possible answers: either it will come from existing USD0 holders lending it to me... or it will be minted on demand when I take the loanCongQ
like i said, 1 USD0++ is ALREADY backed by 1 USD0, however i can not confirm the details of which route/contracts it will exactly take when it arrives in your wallet since i'm not a team member, but theres no "minting out of thin air".
apetogether
you deposit USD0, they give you USD0++, you get to borrow that USD0 that you deposited. doesnt get minted. however, if you redeem the USD0 for USDC, then this would cause some wierd stuff with yields for USD0/USD0++ since there is less $ earning treasury yield
Schlitz
New roles?
DingoApe
There's only two possible answers: either it will come from existing USD0 holders lending it to me... or it will be minted on demand when I take the loan
DingoApe
Then where will the USD0 that I borrow, using my USD0++ as collateral, come from ?
So you're saying the USD0 being lent out will be minted on demand? Essentially fracitonal reserve banking ?CongQ
thats not at all what im saying💀 stop making sht up
DingoApe
So you're saying the USD0 being lent out will be minted on demand? Essentially fracitonal reserve banking ?
CongQ
USD0pp is 1:1 backed by USD0 already, theres no need for NEW USD0
TLDR of the new announcement:
Overall increase price, stability, utility of USD0++ and USD0
1. Loans: You could take out loans with USD0++ to USD0 at low rate when USD0++ depegs on the secondary market, DAO captures the interests and distribute the loan interests to USUALx holders, adding to USUALx's revenue stream.
2. Buffer: Brought onboard institutions to manage USD0 as a buffer for price stability.
3. USD0++'s Primary Redemption Floor Price increased to $0.92.
4. You could invest USD0++ to new vaults to capture revenue from other protocols while still gaining USUAL yield from USD0++
5. USUAL token price protection by DAO, DAO reserves the right to deploy resources and discretionary options to maintain market stability and protect USUAL's token value.
6. New vaults are on the way: ETH0, BTC0, USD0:USUAL Morpho vault
7. Simple veTokenomics system for USUALx incoming.
8. More efforts to move USUAL to a decentralized future to involve all USUALx holders and ensure sustainability.
More details please read the original annoucement # 📣ㆍannouncementsDingoApe
But where will the USD0 being lent via USL out come from?
CongQ
TLDR of the new announcement: Overall increase price, stability, utility of USD0++ and USD0 1. Loans: You could take out loans with USD0++ to USD0 at low rate when USD0++ depegs on the secondary market, DAO captures the interests and distribute the loan interests to USUALx holders, adding to USUALx's revenue stream. 2. Buffer: Brought onboard institutions to manage USD0 as a buffer for price stability. 3. USD0++'s Primary Redemption Floor Price increased to $0.92. 4. You could invest USD0++ to new vaults to capture revenue from other protocols while still gaining USUAL yield from USD0++ 5. USUAL token price protection by DAO, DAO reserves the right to deploy resources and discretionary options to maintain market stability and protect USUAL's token value. 6. New vaults are on the way: ETH0, BTC0, USD0:USUAL Morpho vault 7. Simple veTokenomics system for USUALx incoming. 8. More efforts to move USUAL to a decentralized future to involve all USUALx holders and ensure sustainability. More details please read the original annoucement # 📣ㆍannouncements
yannox3108
But you will see your usd0 in your dashboard usual right ?
in debank you can check your usual ammount.
usd0 it's airdrop in 27 jan check earn page scroll downYou don’t have to, it’s all automatic.
USD0 is sent to your address
USUALx gains in value against USUAL
Hein Htet Zan
thanks you, I found it
ravished
The market and FUDers on X need to all realize WAGM if we chip away at tether and circles market share, team work.
Gabee
You don’t have to, it’s all automatic. USD0 is sent to your address USUALx gains in value against USUAL
I found daily 66 usual, 144 usd0 profit for staking usual. so I stake 27000 usual to usualX.BingChilling
in debank you can check your usual ammount. usd0 it's airdrop in 27 jan check earn page scroll down
@Noé When USL functionality comes online, where will the USD0 for users to borrow come from? Is it going to be minted on demand, or will it need to be lent out by USD0 holders ?DingoApe
Continuing this thought it doesn't seem like anyone is going to sign up to lend out USD0 at 3-4% or whatever it would amount to, when they could get much more converting it to USD0++. So it seems like the only feasible way for the USL to work is by minting new USD0 on demand for these loans
Mava (AI Support)
You can collect your daily profit from the platform where you have staked your assets. Typically, this would be through the Usual Money protocol interface where you manage your investments.
Mava AI BetaHein Htet Zan
my question is where do I collect daily profit ?
Yes this is because you are earning less than 10$, and you need to wait.
For example: 12$ per week or 6$ every two weeks.
There will be a claim option coming in the next few weeks but in the meantime all you can do is wait.yannox3108
Ok thank you for the time 😇
@Gabee good evening i dont see my usdo rewards for my staking of usualx, do i have to do something ? Or just wait ..?Gabee
Yes this is because you are earning less than 10$, and you need to wait. For example: 12$ per week or 6$ every two weeks. There will be a claim option coming in the next few weeks but in the meantime all you can do is wait.
CongQ
after you paid 1-2k gas, red warning saying "reverted"💀
DingoApe
@Noé When USL functionality comes online, where will the USD0 for users to borrow come from? Is it going to be minted on demand, or will it need to be lent out by USD0 holders ?
CongQ
dont mention POW ETH lmao, PTSD, 1-2k $ per txn at congestion.
yannox3108
@Gabee good evening i dont see my usdo rewards for my staking of usualx, do i have to do something ? Or just wait ..?
mario117 BT-P City
But still I don't have the solution xD 😦
@mario117 BT-P City @yannox3108
‼️ do not talk to anyone in DM. Only scammers will talk to you in DM. Expose your problem here and stay safe mario117 BT-P City
Thanks mate!!
yea like we dont get those spikes now 😂 at least in POW you could plug your GPU to earn some of thatGabee
Don’t say it too loud Noé is allergic to btc
DV
yea like we dont get those spikes now 😂 at least in POW you could plug your GPU to earn some of that
Gabee
@mario117 BT-P City @yannox3108
‼️ do not talk to anyone in DM. Only scammers will talk to you in DM. Expose your problem here and stay safe
BingChilling
no need imagine that's what 2022 POW ETH looks like
yannox3108
How do work rewards in usd0 for usualx holders ? Same thing as usualx ??
To stop a serious TVL bleed. If the USD0 peg started to slide there would be a rush to redeem more and more of it for USYC. Most teams don't like the idea of their TVL dropping sharplypoorfxck
Yeah understandable, read the new announcement today. There will be more liquidity coming soon for USD0 and USD0++.
ravished
usual.money earn
DingoApe
To stop a serious TVL bleed. If the USD0 peg started to slide there would be a rush to redeem more and more of it for USYC. Most teams don't like the idea of their TVL dropping sharply
poorfxck
Read # 📣ㆍannouncements
I mean there will be more liquidity soon for USD0. So people won’t need to redeem btw
DV
😂 hoping they do something about major GWEI spikes in chain activity due to NFT or Airdrop. There's a reason SOL is meta now
Is there ever a circumstance when the team would suspecd USD0 redemption to USYC through Hashnote ?poorfxck
Why would they do that?
DingoApe
Is there ever a circumstance when the team would suspecd USD0 redemption to USYC through Hashnote ?
Gabee
Imagine… :c
Gabee
Yes
yannox3108
Rewards include usd0 and usualx ??
DV
yea, imagine ETH at 4-5k with 200$ tx fee 😂
Mava (AI Support)
Hello! As a USUALx holder, your rewards are reflected directly in the value of your USUALx holdings. Unlike USD0++ rewards, they don’t appear as 'Pending Rewards.' You can see the rewards you have accumulated when you try to unstake your USUALx.
Mava AI BetaGabee
Forced hodl? Good 😌
yannox3108
Hi all , i am an usual x holder , why there is still no rewards ?
mario117 BT-P City
That's why I can't believe I am stuck at the last process of staking
mario117 BT-P City
I want to stake for the long term
Swap what?
mario117 BT-P City
How?
ravished
swap to usual and then swap to usualx
DV
lol what are you going to do next time? swap some for ETH
CongQ
Def won’t exceed $30, but sometimes wallet won’t let you execute with overhead
RogerTennis
@Noé Do you think you could implement a grace period for USUALx movements after each epoch for an hour or so? That would enable anyone that wants to keep staking for USD0 rewards but need to move some USUALx around after the epoch to do so without missing out on all yield for an entire week even on the USUALx they kept untouched... thoughts?
Gabee
That’s high to me. Maybe wait for the weekend
CongQ
Base is currently 12gwei, which is not really cheap per se
mario117 BT-P City
Any suggestions on how much ETH might be missing maximum?
mario117 BT-P City
But it is already so cheap at 9$
CongQ
Or you could find some window when gas is low to interact, usually between 1am-4am EST
poorfxck
Just wait until it’s cheaper then
Gabee
Yes
mario117 BT-P City
So that's the only problem?
I have no money left at all :(((
It is native
CongQ
Just try putting a little bit more ETH into your web3 wallet, make sure it’s native ETH not wETH
mario117 BT-P City
And really want to stake all my tokens now before I don't find time again
mario117 BT-P City
I am running out of patience
Hi @Noé . I wanna say ty for you and your Team to be that transparent with everything. For me it seems like theres a young team who works hard on everything. And ppl just didnt inform well about the project at start. You cannot so anything for the hype was createt. Keep the nice work i believe in you guys 🙂 Bedt regards
Yes, the system is overcomplicated; I would have preferred just USUAL, USD0 and USD0++. all other created tokens are, well, just useless in my opinion and overengineeredkiratsunami
that's hilarious
mario117 BT-P City
Now at $7 I really don't get it
2 hours ago it was again at 20$
mario117 BT-P City
I did
CongQ
No you need ETH in your web3 wallet, try adding a little bit more
mario117 BT-P City
Do I need to have the ETH on spot wallet instead?
I have ETH worth $24 in my web3 wallet
Any work being done for USD0 adoption? Apart from Usual ecosystem will it be used anywhere else?Mava (AI Support)
Usual is actively working on expanding USD0's adoption beyond its own ecosystem. This includes integrating USD0 into major DeFi protocols and automating yield strategies through new vaults. Additionally, Usual is exploring partnerships and cross-chain expansions to enhance USD0's utility and accessibility across various platforms.
Mava AI BetaDoctorDeFi
Any work being done for USD0 adoption? Apart from Usual ecosystem will it be used anywhere else?
DV
are you sure its not just repay borrow?
I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.kiratsunami
"Senior software Engineer" LMAO
Usual
mario117 BT-P City
Hey guys I really need help with the staking
bianco
this discount is 16% which is below market price
Does anybody know how somebody can buy usd0++ with such a discount? this guy made few hundred thousands on arbitrage last hour
https://etherscan.io/tx/0xe650fbf527e698f0a3efb196606ecea49e4dd6917f4e81ded91fd78283a452d7Mava (AI Support)
USD0++ can be bought at a discount due to its price floor mechanism and market conditions. The price floor allows USD0++ to be redeemed for USD0 at a discounted rate, which can create arbitrage opportunities if the market price falls below this floor. This mechanism is designed to maintain market stability and incentivize participation in the ecosystem.
Mava AI Betabianco
Does anybody know how somebody can buy usd0++ with such a discount? this guy made few hundred thousands on arbitrage last hour https://etherscan.io/tx/0xe650fbf527e698f0a3efb196606ecea49e4dd6917f4e81ded91fd78283a452d7
yns94
I almost fell there too but /creative and double spacein time hehe
CongQ
bottom of the abyss with no lights in sight is a whole different horror story
CongQ
Gngn
Mr. Lin
IT HAS BEEN A PLEASURE
CongQ
Lmao
Mr. Lin
69
i prefer a better term
CongQ
Looping IRL
Mr. Lin
true
CongQ
U can still use your wife as collateral to pay off yourself tho
Mr. Lin
i wont even be able to cover the gas fees
Mr. Lin
bro
Noé
LMFAO
Noé
kidnap a cat? that's not nice
CongQ
And use him as collateral?
Noé
mostly pigs, because they were the ones eating stuff in the street
CongQ
Pikachus?
Mr. Lin
"meow"
"you have been summoned upon the court to explain your act of defecation in the king's palace, do you have an defense for yourself"
CongQ
What did u guys judged
Noé
an animal could be judged
medieval times
Noé
yes
Mr. Lin
1) what
Noé
not a joke
Noé
you know that we actually judged animals in french court in the past?
Mr. Lin
thanks
im just a cat
Mr. Lin
HEY
Noé
bro says that like he's not part of the team
Mr. Lin
yes thank you noe and see you in the international criminal court
andredoria
01/23/2025 at 11:55:41 ESTGn fam
Hi @Noé . I wanna say ty for you and your Team to be that transparent with everything. For me it seems like theres a young team who works hard on everything. And ppl just didnt inform well about the project at start. You cannot so anything for the hype was createt. Keep the nice work i believe in you guys 🙂 Bedt regardsMystogan
Hi @Noé . I wanna say ty for you and your Team to be that transparent with everything. For me it seems like theres a young team who works hard on everything. And ppl just didnt inform well about the project at start. You cannot so anything for the hype was createt. Keep the nice work i believe in you guys 🙂 Bedt regards
Freddiee 💎🙌
Ahhh my brain
Noé
you need to get some sleep
Mr. Lin
nvm
because
or king piece
Noé
en passant
OxygenG
the meme of ding chilling in the resting room thinking comes from there lol
Mr. Lin
i summon my queen piece
OxygenG
idk are we talking about the chess gm who lost against the indian young gm at the wcc?
Mr. Lin
yeah
bing is ice
Noé
Noé
@Mr. Lin is chinese and can confirm it's bing
OxygenG
its ding* chilling
Mr. Lin
AYYYYYY
Noé
I personally only know "bing chilling" because of the john cena meme
Mr. Lin
wo xi huan bingchilling
kalamu333
so in conclusion: 1. USD0++ share the profit of Delta neutral share 2. there are some way to earn more from iUSD0++ 3. able to convert somehow via 1:1 are these correct?
Gabee
Chinese is too hard make it simpler thanks
Mr. Lin
thats more than enough ser
albeit the chess pieces looks a bit lewd
Gabee
Amazing
Im complaining that there should be plans on getting rid of USUALX, USUAL*, encouragement of YT pendle and lack of code transparencyravished
get rid of the alpha governence token? Why on earth would usual do that? Its supposed to be a DAO that provides incentives to stakers
Mr. Lin
heres a sneak peak of our most favorite baguette man, playing chess
Gabee
(I only know 10 sentences, like I'm tired, where's the toilet and how much it costs)
Noé
oh, so they should get staked USUAL + rewards, so they can impact two times more the supply when they sell. smart.
Mr. Lin
in baguette we trust
Gabee
@Mr. Lin I've lived in china for some time, I know my way around chinese too
OxygenG
USUALx
jabolani
good
Noé
so if there's no USUAL*.....investors and team get what?
OxygenG
not actually get going with governance and voting to vote that out; simplify = win
Mr. Lin
❤️
Mr. Lin
hey im chinese i get to make chinese jokes
Noé
so basically you want investor and team out of the project
OxygenG
maybe not USUALx but USUAL*
Gabee
Drama within the Usual team
Im complaining that there should be plans on getting rid of USUALX, USUAL*, encouragement of YT pendle and lack of code transparencyNoé
Getting rid of USUALx mmmmmh
Gabee
Bro
OxygenG
Im complaining that there should be plans on getting rid of USUALX, USUAL*, encouragement of YT pendle and lack of code transparency
ravished
RWA
Arbi
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.
Mr. Lin
ser i heard you might need to touch grass for that
Gabee
How can I do that? I don't have a wife 
Anyhow, I made money from USUAL, and I still have some 10k USUAL which I will HODL. I just hope it they simplify and fix all hardcoded de pegging bugs with less risks and complications. Also open source contract code instead of having to check it out on chain and decipher itNoé
Am I understanding correctly that you're basically complaining that a DeFi project is too complicated, and that a DeFi project mostly has onchain parameters?
BingChilling
so we can colalteral usualx to borrow usd0 ? bullish
OxygenG
Anyhow, I made money from USUAL, and I still have some 10k USUAL which I will HODL. I just hope it they simplify and fix all hardcoded de pegging bugs with less risks and complications. Also open source contract code instead of having to check it out on chain and decipher it
Noé
Oh, unfortunately USUALx has to be in your wallet (not a contract) in order to receive USD0 rewards - but you can still receive USUAL rewards otherwise tho
DoctorDeFi
what If I want to provide liquidity with usualX
Mr. Lin
just compare the APYs and see if it makes sense to you
ah yeah. So it has to stay in my wallet. The team has any plans for us degens to use usualx without losing rewards.Freddiee 💎🙌
You cannot provide liquidity with USUALX, you have to unstake to sell it afaik 🤔
Mr. Lin
e.g. in Pendle
ah yeah. So it has to stay in my wallet. The team has any plans for us degens to use usualx without losing rewards.Mr. Lin
hmm well if you want to earn additional rewards in forms other than usd0 then you could consider LP that
Noé
that's the utility per se
it's a staked token for rewards and governance
ah yeah. So it has to stay in my wallet. The team has any plans for us degens to use usualx without losing rewards.Noé
Not sure to understand, what do you mean by "using" USUALx ?
Freddiee 💎🙌
I agree u can be a gud engineer, but here is for investors to make money indeed
Noé
Bro will invest in decentralized finance and say it's overcomplicated. Oh boy I have news for you!
OxygenG
I am a golang backend engineer engineer, whats so hard to believe? rofl!
Yes, the system is overcomplicated; I would have preferred just USUAL, USD0 and USD0++. all other created tokens are, well, just useless in my opinion and overengineeredravished
Paper airplanes are less complicated than rockets are rockets over engineered?
Yes, the system is overcomplicated; I would have preferred just USUAL, USD0 and USD0++. all other created tokens are, well, just useless in my opinion and overengineeredNoé
What part is over complicated? I'm curious
Mr. Lin
if you provide usualx as LP you wont be receiving the rewards from revenue switch
Yes, the system is overcomplicated; I would have preferred just USUAL, USD0 and USD0++. all other created tokens are, well, just useless in my opinion and overengineeredFreddiee 💎🙌
Well, it’s Defi project, can’t be that simple actually
Yes, the system is overcomplicated; I would have preferred just USUAL, USD0 and USD0++. all other created tokens are, well, just useless in my opinion and overengineeredMr. Lin
LOL
OxygenG
Yes, the system is overcomplicated; I would have preferred just USUAL, USD0 and USD0++. all other created tokens are, well, just useless in my opinion and overengineered
Mr. Lin
welcome to the big boy club ser, rewards are autocompounded and by the end of next epoch you will receive usd0 from the revnue switch reward
DoctorDeFi
what if I provide liquidity with my Usualx (token leaves my wallet)- so ?
Freddiee 💎🙌
U never lose ur rewards, cuz it’s “reward” 🤔
DoctorDeFi
ok staked. Now, can I do anything with my usualx without losing the rewards?
I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.ravished
L2 to is fuel for a rocket launch but its not the core of what Usual is even about
I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.Noé
Saying we're more into marketing than building when we tweet only once per day or less, and we've just published a 20 minutes read article about next features, is bonkers. Also, lack of documentation? Sir, we have one of the most comprehensive docs of the whole ecosystem, with research papers backing each feature. Finally, I just note that you're a software engineer and called the new features "overcomplicated".
Mr. Lin
😭
you do you
ok ser
I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.Mr. Lin
a senior software engineer calling a 5 minute read blog "overcomplicated"
I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.TheBegginer
its your opinion, things can get better, if you are software engineer then you understand, iteration is key
I was bullish on USUAL. But as time went on, I changed my mind.
I'm disappointed that the team is more into marketing than building a real system that works without manual intervention.
Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement.
And I bet you I might even get muted for putting my opinion.
Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.ravished
sorry your shorts are underwater, cover them now before they get to expensive
OxygenG
I was bullish on USUAL. But as time went on, I changed my mind. I'm disappointed that the team is more into marketing than building a real system that works without manual intervention. Additionally, theres lack of documentation. There isn't even a reproducible open source git repo on how the L2 token is done. Just random announcement. And I bet you I might even get muted for putting my opinion. Disclaimer and note: I bought the whole 40k USUAL from the pre-launch and sold more than half at 1 usd, I'm a senior software engineer.
Aurelou
They are based
Freddiee 💎🙌
U can check recent announcements, that’s the answer hehe
DoctorDeFi
also, give me good reason to hold USD0++
DoctorDeFi
ah ok.
so how will I get USUAL apy? will get USUAL tokens weekly or it gets autocompounded to USUALx on its own?Noé
USUAL rewards for USUALx are auto compounded
DoctorDeFi
so how will I get USUAL apy? will get USUAL tokens weekly or it gets autocompounded to USUALx on its own?
Noé
"Projected Rewards" for USUALx only showcases the USD0 rewards, so, the USD0 APY
ravished
The safest method if you Usual keeps dropping
Freddiee 💎🙌
Nah, it only includes rev-switch, for USUAL APY u can check debank daily
TheBegginer
totally!
KofolaK
true
Freddiee 💎🙌
We should buy and stake more before new ppl join in to share the pie 😬
ravished
its all in the % of your overall assets
ok have been thinkin for few weeks, and today got a bag of ususal. now waht? do i stake it or just leave it in my walletravished
trade it for usualx or stake it to usualx, that is the alpha, that is how you earn USD0 and yield
@Noé @Mr. Lin Thanks for the update re: USD0++. I read through the blog post and all seem like good initiatives. I understand that addressing USD0++ was an urgent priority but curious if you can provide any color on efforts to create organic demand for USD0.Noé
USD0 is indeed another big part of the ecosystem. In our latest article, we hint some stuff: > Promoting USD0 as a stablecoin for utility and counterparty purposes. > USD0 Morpho vault: A vault where the DAO can initiate USD0 liquidity. Note that the USL is also really good for USD0, as people will borrow it against USD0++ at very low rates!
Mava (AI Support)
Yes, holding USUALx tokens makes you a part of the community. Your participation and holding contribute to the ecosystem.
Mava AI BetaKofolaK
I have only 2700 usualX i am stil part of the team "sir"?
if @poorfxck does that for a year he can join my over-over-over-over-exposed club 🐢 I will under expose when it gets to $10 (probably $9 but don't tell anyone)if @poorfxck does that for a year he can join my over-over-over-over-exposed club 🐢 I will under expose when it gets to $10 (probably $9 but don't tell anyone)ravished
if @poorfxck does that for a year he can join my over-over-over-over-exposed club 🐢 I will under expose when it gets to $10 (probably $9 but don't tell anyone)
ok have been thinkin for few weeks, and today got a bag of ususal. now waht? do i stake it or just leave it in my walletMava (AI Support)
To earn rewards with your USUAL tokens, you can stake them into USUALx. This will give you governance participation, economic rights, and compounding rewards. Staking USUAL into USUALx allows you to benefit from 10% of all USUAL distributions and a share of system fees. However, if you prefer not to stake, you can simply hold them in your wallet.
Mava AI BetaKofolaK
thats my strategy, just cumulate and stack xD
DoctorDeFi
ok have been thinkin for few weeks, and today got a bag of ususal. now waht? do i stake it or just leave it in my wallet
KofolaK
https://tenor.com/view/nodding-laugh-laughing-i-cant-read-book-gif-17894333
poorfxck
That way I’m beating inflation and getting a better average $
Noé
👀
Mr. Lin
thx
Mr. Lin
bro pls stop
Noé
bro wants to be over-over-over-exposed
poorfxck
And will do that every 2 weeks or so…
Gonna buy a small bag, like 2.5k usual on monday
"overcomplicate" bro just use chatgpt if you dont want to engage your reading comprehension part of your brainCortina
@Noé @Mr. Lin Thanks for the update re: USD0++. I read through the blog post and all seem like good initiatives. I understand that addressing USD0++ was an urgent priority but curious if you can provide any color on efforts to create organic demand for USD0.
Mr. Lin
"overcomplicate" bro just use chatgpt if you dont want to engage your reading comprehension part of your brain
Man why did the USUAL team overcomplicate stuff and start calling everyone sir, credibility is pretty much gone now 😛Mr. Lin
this is super cringe as well lmao
KofolaK
https://tenor.com/view/moment-of-silence-pay-respect-rip-rest-in-peace-bow-gif-15963301
poorfxck
Study more.
Mr. Lin
annnnnnd its gone
Noé
right
Noé
Noé
1. It is not a zero coupon bond. Zero coupon means: zero coupon. 2. I really don't see your point here, as we've also announced votes on that
it should, we could replace our USYC with lending revenue, still beat the market rates by 50% and earn more revenue but the only fair way is to give the revenue to stakers with perhaps a bit to the treasury
Noé
Man why did the USUAL team overcomplicate stuff and start calling everyone sir, credibility is pretty much gone now 😛
ravished
it should, we could replace our USYC with lending revenue, still beat the market rates by 50% and earn more revenue but the only fair way is to give the revenue to stakers with perhaps a bit to the treasury
Noé
I don't have the tech details on that - don't want to say anything wrong here
ravished
so its dispersed to the same buckets as USYC revenue is? at the same percentages?
Noé
there's a draft of the product here
👀
does the yield on the borrow get treated like revenue? 4% is already beating USYC in yield..Noé
> Increased DAO revenues and higher income per USUAL due to interest rates
ravished
does the yield on the borrow get treated like revenue? 4% is already beating USYC in yield..
ravished
what about LTV?
Interest rates should be around the risk free rates, so 4-5% don't take my word for it tho until it's fully implemented haha@Noé USL has a ton of potential to grow Usual and keep the early USD0++ degen TVL more satisfied. I'm very curious what the interest rates and LTV will be but this is awesome, please thank the team!Noé
so yes, basically Q1 for most
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?