marcelloams
Everything is pumping except Usual wtf
Yi Long Max
he don't care about price anymore. rip
Mowgli
may i know how many usal you stake and how much fees you paid approximatvly please?
Yi Long Max
https://tenor.com/view/person-getting-old-gif-565977200213388059
Yi Long Max
looking good
@Yi Long Max I am in the right place 🤣🤣🤣
famousfxck
In short: if you’ve bought, welcome you’re a long term community holder 😂😂
JazzySt
Every 1 token earned is a token you didn’t buy. It compounds. Yes with apy going down around 1-2% daily you will still be able to get what you invested in around ~ 100 days. Which I still find to be better than nothing 😉 besides those staking tokens will eventually also be earning usd0 stable coin. Usd0 > usd0++ >token yield > stake more tokens > earn more tokens plus usd0 🤣
Fernando Bu
01/06/2025 at 15:02:12 ESTHow about 1D chart
rAiiNbOwZz/Mike
I rhink you had to stake for 27 days to make real gains with the current fee.
JazzySt
Small investor here and staking is worth it to be honest. Specially if you’re considering to stake long term knowing that the value of usual token may increase significantly in the coming months
Yi Long Max
its a market
Yi Long Max
nope
Yi Long Max
dont u open any links in dm
hawk_is_back
any particular reason for the price have such small changes?
𝕭𝖗𝖊𝖖𝖟
i dont know how that works, can u explain me what i should to to get the tokens back in my binance wallet?
Mowgli
hi i hope the usual price will go up and come back around 1.5 because for small investors stacking is not a viable option with the huge fees costs involved...
famousfxck
You probably need to add the token to your wallet
𝕭𝖗𝖊𝖖𝖟
i did that but i have no idea where my coin got after swap.. i´m stuck at more than 5k
famousfxck
I told you, kyberswap or Pendle swap
yns94
One month chart is green😎
hawk_is_back
one week chart all alts 20%+, except usual ;-;
Usual
𝕭𝖗𝖊𝖖𝖟
@famousfxck i tried to swap it on kaibaswap but now i cant find the 1 token... i just tried it with one coin.. can u help me in private?
DraKryZ
I think I will better sell my body to get rich faster 😱😶🌫️🙏
Yi Long Max
i don't care about 1h chart. i'm looking into the future and see $20
famousfxck
Think need to take another break again if price really becomes bad fr
Bounce here or super rekt
Yi Long Max
can u pls draw us some optimistic gigabolic supercharts? people panicking 😁
Usual
0xjmslnr
+ 3,5 millions token every day, stablecoin projects are too “boring” for average Joe
DraKryZ
Help
How to get rich fast ????
famousfxck
Getting pumped and dumped on every coin 😭 BTC dominance needs to go down ASAPPP
Almost gonna tear my hairs out of my head
But why are alts reacting this violent to BTC
A lot of altcoins have the same chart as usual
Fernando Bu
01/06/2025 at 14:21:20 ESTCause there is no sense
famousfxck
Hmmm weird
Fernando Bu
01/06/2025 at 14:21:13 EST1 option: we will moon very very soon
Fernando Bu
01/06/2025 at 14:20:57 ESTfr
Noé
POV: ETH since three years
Fernando Bu
01/06/2025 at 14:20:29 ESTCan't handle it anymore
BTC: Pump 5% Usual: pump 1% BTC: dumps 1% Usual: dump 3%
famousfxck
And don’t tell me it’s something stupid like binance square lmao
Hektor X
01/06/2025 at 14:19:52 ESTUsual ja boring af 😫 just hold
famousfxck
How can a coin with 35% staked move like this
Lucky Boy
Its russian roulette
He waitin for people to pussy out
MedizN
Nah its okay all in
Lucky Boy
Hahaha
unknown l
just like a 3% move ago
i wish we were back
it's so over
Lucky Boy
Its a breakdown!
𝕭𝖗𝖊𝖖𝖟
but it´s retable right now let it stake or not?
famousfxck
You’d only have to pay the gas fees and a bit less because of rates
If you want to unstake
swap USUALx for USUAL
Just go to kyberswap or Pendle swap
𝕭𝖗𝖊𝖖𝖟
i`m new, i have no plan how that works... sorry
famousfxck
But you wouldn’t get the exact same rate, just a bit less. For your kind of bag you’d get 1:1 same amount
famousfxck
Dude just swap it through secondary markets, then you would avoid the unstaking fee
𝕭𝖗𝖊𝖖𝖟
is that right that i get 16 usual per day with 4880 coins staken? it means my money grows right? so i could wait to get as much as the unstake fee cost and unstake it for 0 ????
yns94
Dump tonight?
famousfxck
Or pay 10% unstake fee
USUALx for USUAL
famousfxck
You can swap on secondary markets
𝕭𝖗𝖊𝖖𝖟
which prize is possible for USUAL?
Lucky Boy
Blackrock has stakes in Mantra and there new institutions coming in next month to tokenize assets - not a financial advice
Lucky Boy
Yes
𝕭𝖗𝖊𝖖𝖟
how long need it stake it with out pay fee for unstaking?
famousfxck
Hella bullish
Lucky Boy
When will usd0 be a trading pair in cex?
famousfxck
Staking
Bercianos
No doubt but also need some movement of usual
𝕭𝖗𝖊𝖖𝖟
do u all guys stake it on the platform or just hold it on spot?
Lucky Boy
Yeah its a breakout
Breakout
BingChilling
I mean usd0++ still the best stablecoin out there.
Lucky Boy
Mantra may go around 6 early this year
OM mantra is pushing now with bitcoin this and bnb are good perforemet of my portfolio
Ille
01/06/2025 at 13:16:51 ESTOke , this is understand a little better 😅
Lucky Boy
I mean 1m usd0 staked will set you around 800coins a day you cant find any banks that will offer such a wonderful deal. Man if i have 800 coins a day to sell ill resign from work and just party everyday
unknown l
inshallah
rAiiNbOwZz/Mike
I‘m happy if we reach 1.20 😂
Fernando Bu
01/06/2025 at 13:07:54 ESTI will be happy if we reach 1.4
Lucky Boy
The chinese has lot of ammunition since they bought bnb cheap around 1 price...years ago they make collateral to borrow
I think if the matrix stop shorting then it will the problem is the emission sale combined with short thats what hindering it felxible apy in binance is 6.42% meaning lot of borrowing going ob there
famousfxck
Truthfully
BingChilling
Trump inaguration my last gambit lol. I probably just farm bera with usd0++
Lucky Boy
Not sure how thing works but sure it would be beneficial for us if the fluffer rise to ath
famousfxck
Because we will finally see the real utility of USUALx
We should see some FOMO
But not necessarily break ATH
famousfxck
Fee mechanism should be another big milestone true
BingChilling
Usual token itself nothing to do with that. It only impact usd0++ apy.
famousfxck
Need a god candle
Lucky Boy
The bet is if jan7 usual dont break ath then its done, - from third party source hehe
louixiii
Btc can’t even carry usual
Usual still can’t break $1
Btc over 100k
Lucky Boy
@Mava (AI Support) usual and usd0 exposure to rates
Lucky Boy
Its dependent on US debt if the collateral are bonds no? Chinese will be shorting US dollars no?
BingChilling
The matrix is shorting like crazy
unknown l
usual funding is negative
unknown l
but i would be happier if it went up
Lucky Boy
Chart is already squatting ready to go lol
Looks like huge dump will happen?
unknown l
have i not pioneered?
unknown l
make me a pioneer please
KQat
congratulations on role Pioneer
unknown l
very soon this will be updated
basically atm you are earning rewards but they are displayed in a really confusing way
unknown l
usualx freely trades vs usual so that can fluctuate
Yi Long Max
wtf is the SkyDollar? 286k followers on x, but its dead af
JhoVendetta
read docs to know that usualX amount is not changing
Ille
01/06/2025 at 11:56:26 ESTThe amount of usualx is the same as I started btw. Was 1407…
Ille
01/06/2025 at 11:54:09 ESTSo via the app I can’t claim any rewards , as they say in 24h cycle. I try the version they recommend to attempt an unstake and see how much the amount is I got through staking. So am I completely stupid or why does the amount even decrease over a few hours… I find it rare to put a lot of money in something where the app doeeent even work properly. Maybe I am wrong and somebody can’t clear this to me , cause customer service is talking riddles to someone who is clearly not so experienced in this things 😬
unknown l
not true you need to run the calc on usualx not theoretical max supply
Godralho
Pamp it
famousfxck
Alts are weak
famousfxck
Yup
Fernando Bu
01/06/2025 at 11:11:05 ESTBTC.D still high Problem is usual pump 2% and fall 1,8%
in the next 2 months btc will be at 150k
Fernando Bu
01/06/2025 at 11:09:36 ESTLMAO
rAiiNbOwZz/Mike
That would require people to hold their usual and not sell it as soon as they get it. Right now it‘s still a small coin with 500m mc. We will see 😉
Yi Long Max
we are expecting
Yi Long Max
last pump
rAiiNbOwZz/Mike
Just relax. Usual is not a quick buck but will be good longterm. I don‘t expect an ath in the next 2 months
famousfxck
And alts are dead 😭
BTC at 102.5K$
Yi Long Max
every community needs its own madman 😁
SatoshiXXX
every single day he is whining about usual and yet nobody seems to get strict enough to him
BingChilling
relax bro ain't that deep
SatoshiXXX
@Noé are you not considering banning this clown? I have said it over and over but this guys is not healthy for this community
BingChilling
that's the joke lol
SatoshiXXX
What peg? Usual is not stablecoin
BingChilling
U compare 4 year project with not even 1 month. Sure bro tge top is omega top.
Gunner funk
Haha. People argued when I brought this up
That chart dosent lie
Usual is pegged to CRV price as both tokenomics is similar
Rage4lyf00
longer the consolidation bigger the breakout typa shittt
Gunner funk
Btc trying to break ATH and usual pegging to $1
Noé
I didn't even understand what he said tbh
Lucky Boy
People like pain. Hehe
Godralho
Volume still low
1 USUAL = 1 USD0
Back to peg 🙏
BingChilling
More stable than other stablecoin lmao
yns94
Btc is with us my friend
MedizN
All in
Proportion
back to peg
Gunner funk
This will have positive effect on the flywheel
Usual team should use atlest 5 million from treasury towards USUAL liquidity
Gunner funk
Considering 2 million on chain liquidity that's nothing. Need atleast 90% staked at these liquidity conditions
Gunner funk
50% apr will need 50 Billion + in tvl
Noé
35% of the USUAL supply is staked
Godralho
APY decreased compared to last week. More people are staking
Fernando Bu
01/06/2025 at 09:36:10 ESTif we break upside we can start a bullish trend
but looks like we are in a critical momentum
I know nothing about technical analysis
OxygenG
pump bouta start
famousfxck
KOLs are mosquitoes
That is good
Rage4lyf00
we lack kols actually ahah
Rage4lyf00
this
ravished
If there is a snapshot it will bring TLV from fomo
Well down the road, if we can get the yield on usualx high enough, say 50% APR in USD0, it won't matter if the price increases but it will anyway. Make it like a ultra high dividend.
famousfxck
Gonna take a few months atleast
Now they’re focused on building products first
ravished
Then simply it, pay it over x days instead of one time
famousfxck
Anyway the DAO is later
famousfxck
True it’s definitely not something easy
ravished
Increase usd0 yield to usualx as high as possible.
ravished
The problem with an immediate airdrop is, assuming an efficient market (which might be a bad assumption with current volumes), is people front running. The market could bid up usual, stake for the airdrop, and then swap out to usual to avoid staking fees, and dump after the airdrop. What if the airdrop paid x stakes the $0.10 per usual but over the amount of days it took to build the treasury? And what if it was only paid to holders during the time of a snapshot (say when the vote is passed) so that the revenue is not diluted by new stakers.
Ingham
Does that mean we’re also working on new products other than USD0? Like gold-backed tokens or whatnot?
Ingham
Is there a roadmap for 2025 on what the team is working on?
Noé
since nothing has been announced
Noé
Mava won't give you info about the rev switch
ravished
@Mava (AI Support) 33% of treasury goes to usual stakers?
KubzThe14Th
thanks Mava, i got this part right already haha 😛
KubzThe14Th
are we to expect any new comms abolut the revenue switch ?
Noé
goal is to develop core products first and then fully decentralize
Noé
Only stakers, and there's no precise ETA rn
ravished
@Noé do you know when we will know when usual holders will be able to vote on gov decisions such as the treasury? Will all usual holders be able to vote or only stakers?
BingChilling
he is still "politician"
BingChilling
yeah it all depend on trump we might see new paradigm or he lie to us
Ingham
Lol thats a pretty bearish view on the crypto market
famousfxck
ETH has yet to hit an ATH
famousfxck
Inshallah
BingChilling
i'm bullish but this is end of cycle. maybe next cycle. btc ain't going 200k unless the strategy reserve become real thing
ravished
The rev switch is not using the treasury afaik. Also its only 33% of rev
Ingham
^ all quite conservative targets considering ethena 6x its market in 4 months from $0.5B to $3.5B
Assuming current TVL and we get rerated to ethena’s valuation multiples when CT gets smart about us… thats a $2.4 price target. Assuming in 3 months or so our TVL goes 2x (unambitious target), that brings our target price to $4.8 If ETH just goes back to previous ATH, say a 40% from now, that brings our target price to $6.72. Thats not even pricing in the overall crypto market going parabolic, btc going to $200k, alt season, etc.
Ingham
Bro thats literally the revenue switch
KubzThe14Th
sorry for being new to this. what actually happens with the revenue switch, there has not been much comms on the details, are we gonna get some soon?
ravished
What about just having the treasury be used to increase the yield that is already coming to x holders today with the rev switch? Pay out 1/30th of the treasury to x holders daily using the same method as the rev switch. @Noé @famousfxck
Ingham
revenue switch go brr 💰
ravished
At least a 50% return at max supply if usual where to stay at the current price
Yi Long Max
what r u talking about
ravished
X Holders earn income you dolt
ravished
Or ethena has a 2.4x down 😆
famousfxck
Bro we gonna print
Like 3.4B USUALx supply
Sorry I mean wayyy less
2B$ annualized revenue shared with only 4B holders
Ingham
so people know how undervalued we are
We need to have these comparison stats viral on CT
famousfxck
We’d have 2B$ annualized revenue
If we grow as much as USDC (stats August 2024)
So what does that tell us?
Mind you USUAL max supply is 4B$
Circle USDC makes 2B$ annual revenue
BingChilling
un-ironically usual is more stable than other stablecoin lol
Yi Long Max
https://tenor.com/view/picard-facepalm-oh-no-oh-hell-no-no-gif-10723914200679373178
Yi Long Max
whaaa
famousfxck
Eventually just based on revenue and TVL growth, every USUALx holder is gonna be wealthy
famousfxck
Exactly
ravished
We won't even need to go to the moon, if the price is stable x holders get there anyway
Gunner funk
🧲0.6
BingChilling
yes crypto market is in-efficient that's why alot of opportunity
Gunner funk
Kek
ravished
From your keyboard to gods eyes
Ingham
We are so undervalued its a great entry point
ONDO has an inflated af 3.67x ratio lol
All im saying ethena has a 0.62x mc/tvl ratio while we have a 0.26x ratio. Even at our current tvl, when we rerate to fair valuations our mkt cap has a 2.4x upside from here. Thats not counting tvl growth and overall eth and crypto market rally
famousfxck
Because the revenue itselves are eventually gonna make you break even + more
Don’t even look at the price
As long as TVL goes up = HODL
I have just one piece of advice for USUAL holders
Dude was talking in Saudi Arabia with billionaires/trillionaires
ravished
It was an airdrop for people doing stuff with usual prior to the launch, I wasn't involved so I don't know much about it but @Noé does
famousfxck
Don’t underestimate his connections
CEO is an ex-politician
famousfxck
Literally this
Atleast 50B$ TVL
Ingham
We could be a prime candidate to replace USDT in europe, since EU CEX are forced to delist tether
famousfxck
Im talking about mad money in revenue here
We flip Ethena
We get CeFi listings, USD0 pairings
ETH0 BTC0 becomes a succes
Imagine this
No exchange wants to list USDe
Reason why nobody wants to actually use USDe is because it’s not backed 1:1
If we flip Ethena, exchanges have no other choice but to list us
Ingham
Win-win
That way when people unstake usualx, the rest of us get 10% of their “dividend” too from the unstake fee
Aka the revenue switch
Dont need to airdrop imo, just put it in the usualx vault so the usualx will be worth more directly
famousfxck
-> also more people interested in staking their USUALx -> less sell pressure = low float
Listen, TVL up -> revenue up -> more money for us
Yi Long Max
can we just add a few zeros, please?
famousfxck
This would make price go bananas lol
Yi Long Max
https://tenor.com/view/pmu-quelesmeilleursgagnent-horse-moon-gif-22301835
famousfxck
Imagine we get a 10% airdrop in USD0 for USUALx stakers, every 2 months
Sooner or later this will fly to the moon
BingChilling
told u many times moon say we go up
Ingham
So we just chillin
It took ethena 4 months to go from roughly half a B mc to 3.5B mc
Easy $4 imo
Yi Long Max
Who has crystal balls? Will the price on the daily chart about to crash down or break up? 🔮 🔮
Lucky Boy
Theres something around this price area hehe
BingChilling
1-3 months after bera launch. Bera launch dont even have a date yet
Ingham
Bro just stake it on binance app, delete this account, check back price 1 year later
Noé
Yes that's what the revenue switch is supposed to do, that's why I'm talking about it
Ingham
Isnt that what the revenue switch is supposed to do? Like… today?
Noé
# 📣ㆍannouncements
Noé
no
famousfxck
Bro it’s locked up for 1-3 months
famousfxck
???
Gunner funk
More tvl is bera valut is bearish as it will startegically dump the usual Rewards
famousfxck
BTC going to break 100K finally 👀🔥
So in that case 3.4B USUALx is the max supply
0.85 USUALx = 1 USUAL at this moment
famousfxck
Yeah probably less
i0sm3
01/06/2025 at 07:20:30 EST@Mava (AI Support) what’s the total supply of usualx
i0sm3
01/06/2025 at 07:20:01 ESTIf so 1 usualx can’t b 2 usual for example or more
i0sm3
01/06/2025 at 07:19:15 ESTIt would be less no? Is that mentioned in the white paper or smw
Gothicowiec
i m deleting account because they can take my money
famousfxck
Like 3.6B
famousfxck
Yep lower than 4B
i0sm3
01/06/2025 at 07:17:44 ESTIs there a limited total supply of usualx? How many? If I’m getting it right it should be lot lower than the 4B total supply of usual
Gothicowiec
yea...
famousfxck
Bro at this point just delete your whole discord account
Gothicowiec
i have enough today haha
hahahah
famousfxck
Scam bro lol
Gothicowiec
thats you? or another scammer?
famousfxck
Ethena has 58M$ TVL in the bera vault after 9 days
We have 29M$ TVL in the bera vault after only 2 days 🔥
Reycobos
what's the point of the pills?
Noé
lmeow
Noé
Afaik there's no similar plan but even if there was a similar plan I couldn't comment on this
famousfxck
They’d have to rob me 😂
Wrote it down and hidden really well
Can almost never get hacked, seed phrase has never been online
My USUALx is on a cold wallet
Get a safe wallet, unexposed
Gothicowiec
here reading much thiefs and waiting for person who have no expierence
famousfxck
If you want to stake USUALx, there are some tutorials about it. But it’s best to do more research
famousfxck
Haha np, just holding on Binance is fine too
lirrboroncruiser
My oversimplified equation told me the ratio of total minted usd0 to usual price will be fixed around some value after staked usualx reached certain amount, is this the price-locking mentioned in the roadmap? @Noé
Lucky Boy
Web3 umyes
ravished
If the treasury doubles in a day the next day payout would be double
i0sm3
01/06/2025 at 07:10:44 ESTIt is possible with their Web3 wallet no? Even I personally use another wallet completely out of it
ravished
I say we divide the treasury to parts of a year and pay out daily to usualx holders
Pay out usd0++ to usualx holders
ravished
OK so we are on the same page.
Usual
Gothicowiec
i almost lost everything by thiefs and fake group which want help me swap haha
thank you famousX 🙂
Noé
Well haha, I don't have that muuch ideas and I'm not the one designing those things - but the first and most important step imho is to share part of that revenue with USUALx
ravished
Can we get back to the gov convo? Supper interesting. I want to know what @Noé s ideas where
unknown l
yeah the APY after you get scammed is -100%
BingChilling
binance can flexible earn you get 6% apy it's purpose for borrow but it still usual
famousfxck
Even if he manages to stake USUAL for USUALx, he’s gonna lose it fast
No, but it’s better that he just holds USUAL
BingChilling
no u cant
ravished
Can he hold usualx on binance?
famousfxck
He almost got scammed
If bro is having trouble with this already, it’s best to just hold on binance
Yes don’t worry
Gothicowiec
so i wil lkeep
famousfxck
Keep holding on Binance 👍
Gothicowiec
okay, thank yu.
ravished
Download rabby chrome extension, move your usual to it and you must deposit some ETH for gas, say at least 0.1 eth
famousfxck
Okay @Gothicowiec I don’t advise you to stake
Gothicowiec
"eth blud" can you tell me full?
famousfxck
Yes
BingChilling
just said eth blud
ravished
You have to connect your wallet
Gothicowiec
i dont have ethyrium
i did correct?
Usual
ravished
I think its on the earn button, I'm not on a desktop ATM or I would help
famousfxck
And have enough ETH for gas
But be sure to use a safe wallet
Stake I mean
Swap
Gothicowiec
swap, yes?
swap or stake?
famousfxck
And then “Swap”
Yes
Go up and then Stake
Gothicowiec
acces app?
BingChilling
withdraw to metamask and swap in pendleswap
Gothicowiec
where it is exactly?
famousfxck
And just hold it.
Stake USUAL to USUALx
famousfxck
Usual.money
Gothicowiec
can you tell me what i could do if i have 8k usual and want convert to usualx on binance?
famousfxck
We can talk over here.
Ingham
Yes use some to add more usual liquidity, and some to increase value of usualx relative to usual is better
Gothicowiec
thank you
Ingham
Using it to buyback is such a terrible idea. Whoever is running bots to frontrun the buyback will benefit only
BingChilling
yes better use treasury for more productive like partner with other protocol or etc
Gothicowiec
there are many thiefs i dont feel safely.
ravished
I like the idea of rewarding stakers and not just usual holders, let's increase the price gap between usual and usualx
Gothicowiec
@famousfxck can we talk privat?
Ingham
I’d rather use the treasury to add liquidity imo
ravished
Got it, I'm on board with not burning, one idea down
Noé
Emission is already disinflationary, there is already burning mechanisms by design (unstaking fees, early redemption), it’s already based on something real (revenue), supply is limited. It would be imho a waste to use the Treasury for buyback and burns on top of all that 🫡
ravished
So give the treasury to usual stakers 1/365th a day
Gothicowiec
oh...
famousfxck
Scam
famousfxck
It’s good very long term, but short term useless
Eventually 5 years later it was worth it (kinda)
I sold my BNB at like 12$ because I thought burning was useless
BNB has almost never went up after token burning
ravished
It reduces our future emissions, I see
famousfxck
Burning is another case of the flywheel effect
Noé
But it is tho, you’re a holder :)
famousfxck
“Woohoo we burned 20M Usual 😭🙏” -> yeah but we still have 3.980B left lol
Noé
It’s 2020 DeFi, doesn’t really work anymore
ravished
As long as it's not your own
Noé
Agreed
famousfxck
Because nobody really cares about it
Nah burning is the worst tbh
Noé
And there’s already burn mechanisms by design, without to have to use the revenue
ravished
Burning would increase emissions stakers
So it’s no use to burn it already
Noé
Exactly
famousfxck
Max supply is 4B
Not gonna lie I hate burning money
Noé
As I said, I prefer burns by design
It can help, but using the revenue for that is just a waste imho
famousfxck
Have seen it gone down many times after a burn
But it never has an instant reaction on the price
Noé
Burns by design (unstaking fees, early redemption) rather than using the revenue for that. There’s little to no correlation between price change and buyback and burns for most tokens, it’s just not enough - we’re not in 2020 DeFi anymore haha
ravished
Do you see the earn button?
unknown l
same thing but psychologically superior in crypto
unknown l
better to distribute actual yield in a different token imo
Gothicowiec
i want change usual to usualx?
ravished
What would you propose?
Gothicowiec
and what next?
ravished
App is on the website not something you download
ravished
Its on the website usual.money you click a stake button
Gothicowiec
application
so i could download another app?
ravished
No
Gothicowiec
it is on binance?
ravished
On the usual.money app
Gothicowiec
oh no only no mava..
i dont know how to convert usual to usualx somebody can better explain?
ravished
Why? Its deflationary, see safemoon 😆
Lucky Boy
Likw frc 🤣?
Noé
Tbh
I’m not a huge believer in buyback and burn
ravished
I like the idea of a USD0++ distribution to usualx holders and/or buy back and burn usual, no emission's because that can be used as sell pressure.
Gothicowiec
iif you were in my place
in your opinion
famousfxck tell me better is stake usual to usualX or not?
you did EuroPool
unknown l
fund me pls
famousfxck
Sadge
Gothicowiec
i can give you my usual
Noé
I’m poor
famousfxck
I feel you tho
Gothicowiec
noe you are rich?
ravished
Staking is what I'm doing
Noé
It was just something I threw out there to say that there’s more things that can be done on top of redistribution 🫡
famousfxck
Bro is talking another airdrop 😂😂😂
famousfxck
10% airdrop, 6 months vesting
Gothicowiec
give me advice
Gothicowiec
noe tell me what i could do? keep usual or stake to usualx?
famousfxck
Unless it’s a Coinbase listing
Noé
Give a 10% airdrop to everyone but actually decrease each user percentage of that airdrop if they don’t stay in USD0++ with it 🗿🗿🗿🗿
famousfxck
Ngl I dislike the idea of using treasury to fund other stuff
ravished
Sorry I mention to tag the $0.10 usd0++ airdrop
famousfxck
This would encourage people to hold more USUAL
19M$ in treasury
185M USUALx staked
famousfxck
Currently yes
ravished
Is there enough in the treasury to even do this?
famousfxck
20M$, 10X long that shi 😂😂😂
Or use that 20M$ to max long Bitcoin, Saylor typa
OIESIS
Is the rev share in usd0?
famousfxck
And then 6M$ per month gets shared again
ravished
The machine is built
famousfxck
Imagine everyone getting a 10% airdrop in USD0 stablecoin
Noé
Not planned
famousfxck
Or some sticker on a F1 car like Apecoin?
Noé
Hahahaha
famousfxck
Stupid things like NounDAO 😭
famousfxck
Fund stuff like what 😂
ravished
I'm not bright enough to think of stuff to fund
Noé
Don’t forget that the treasury can be used to actual fund stuff lmao not just to do giveaways haha
ravished
So many choices
famousfxck
Or buy daily some USUAL and burn it all 😂🔥
ravished
Burn it out of circulation wouldn't be bad..
famousfxck
Give USUALx holders a 10% airdrop
famousfxck
Yeah and then burn it maybe? Idk what would be more meaningful
Lucky Boy
The liquidity
ravished
Or market order usual but 1% a day for 100 days
Hmm
famousfxck
Or give every USUALx holder 0.10$ USD0 per USUALx
ravished
I love this idea, you have my vote and to be fair its meaningful
famousfxck
Right now there’s enough money in the treasury to give every USUALx holder, 0.10$ per coin airdrop free
So at these rates, the treasury gains 6M$ per month
Market order and burn directly
First DAO vote, use the 20M$ from treasury to burn 20M USUAL 🫡😂
unknown l
tbf crypto in general is super reflexive and usual even more so because usual providers the APY that grows TVL. We're basically carrying out a governance vampire attack on USDT so usual needs to perform for that to work
BingChilling
cex itself is not stable. people forget crypto ethos. not your key not your coin
unknown l
USD0 next
USDe has made inroads there
USDT and USFC are key trading pair bases for most exchanges
Noé
It’s just beautiful to see all the growth experts appearing when the chart isn’t up only
unknown l
stablecoins are collateral on most CEXs
Ingham
Why would CEX needs stablecoins lol… stables are more for DEX utility
BingChilling
bro "wedge" is not matter why u care imaginary line on tradingview ?
Noé
Including everything
rAiiNbOwZz/Mike
Usual will need USD0 on major CEX like binance in order to fully show potential. Until then i hope it can grow a bit and show some strength in terms of the chart. The current wedge could go both directions, lets see how it develops
famousfxck
Oh because dashboard still says 16M
famousfxck
Is this including the revenue earned from bonds?
BingChilling
short squeeze exists lol just focus build the product the price will follow
ravished
That growth is crazy, I wonder if any of the other top for are threatened? Threatened enough to short usual..
chrisgm3773
The thing about USDO++ is there is virtually no risk compared to other stables. Anyone remember USDC fiasco when SVB went under?
Usual
ravished
If you want to help the usual token price send the people from binance square to this usual discord to learn "alpha" on usual. Might change some hearts and minds.
Davinor
Get the info to Warren Buffet😂
chrisgm3773
Agree. Plus you get a yield on your stablecoin
Godralho
If usual is a stock, this is significantaly undervalued
0xjmslnr
when $usual on Base, to go directly against Circle 😬⭕️
Noé
Yes
Godralho
@Noé Do we have institutional customers as well?
Noé
kind of complicated to analyze the flows because most of the whales create fresh wallets :(
Godralho
This token must have way more expensive multiple than now. Soon market will realise
Godralho
Grow rate seems to be crazy
0xjmslnr
yeah of course, but probably like whales that are heavily investing on Usual for example, that would makes sense
Noé
$19.32M
Noé
Growth is 100% organic rn boss! Usual had some 1:1 calls with institutions in the beginning, but now, it's fully organic
famousfxck
The total revenue of the whole ecosystem
famousfxck
So like all revenues that has made until now, is 16.2M$? (Treasury)
Noé
because the collateral is actually permissioned
but yeah
nobody talks about that
0xjmslnr
Growth seems to be too linear now, so Usual has probably some deals with some whale to keep increasing TVL (right @Noé 😉 ?)
BingChilling
yes because if you want to put money in tradfi usyc minimum deposit 100k let's be real this is out of reach for average joe. so usual help to give people freedom
Noé
atm, collateral revenue is $8.3M, and fast track fees for whales during the airdrop is $11M
0xjmslnr
for whales probably not, as long as they sell their rewards for USD0++ , TVL is growing
famousfxck
Like revenue = earnings over 4 years Treasury = earnings until now
Noé
Well it's oversimplified but yeah haha, Usual makes a stablecoin backed by tokenized onchain overnight repos, and takes it to another level through speculative yield
famousfxck
@Noé question is the treasury now, just the 4y revenue what’s been earned until now?
Godralho
Bank that has very high growth rate
BingChilling
famousfxck
Basically yeah
Godralho
For me, Usual is like a bank stock
chrisgm3773
So basically Usual is a Money market built on crypto? Neat.
famousfxck
Thus making selling less attractive to USD0++ farmers
Anyway the fee mechanism tomorrow will create more value for USUAL holders
Godralho
Oh, I didn't know about that since I only stake Usual. Good to know!
Noé
You can already lend/borrow USD0++
chrisgm3773
I dont think 0% will happen again in a long time. Maybe 40 years, maybe.
0xjmslnr
for now, FED trying to scare the market, but if the labour market is getting too bad, they are going to need to cut interest rate no matter what
Godralho
Does Usual have plan to add Lending and Borrowing?
unknown l
but also all your other assets wouold be worth 0
unknown l
i would guess usual would make a very small amount of money on its tvl? Noe can correct
Noé
idk if USD0++ is your concern
fab1440
01/06/2025 at 05:41:04 ESTwe need crypto friendly bank, can see usual do it in future ?
Noé
sooo
basically
Noé
Well the world would end
unknown l
also fed cut expectations have been reduced significantly, inflation has firmed and labour mkt stabilised the last q of 2024 so probably not getting big cuts now
Godralho
If FED cuts to 0 over night, what would happen?
Noé
Yes
chrisgm3773
All TVL is used in overnight repo?
Noé
not like SVB lmeow
famousfxck
This makes older bonds more attractive
Godralho
Even intrest goes down, 10year rate goes up nowadays
unknown l
but not in a good way
BingChilling
yes that's why fee switch come in handy.
unknown l
i mean kind of
0xjmslnr
I'm talking about Interest Rate params, not TVL
Godralho
Us is sucking up a lot of money
Higher TVL, less emission my friend
0xjmslnr
yeah but it means it prints more USUAL tokens everyday as well now
BingChilling
but people still don't belive U.S is safe after rate cut hence yield go up. not even rate cut can safe yield go up
fab1440
01/06/2025 at 05:37:33 ESTim hearing china t bills has insane apy
Noé
onchain, on the Treasury smart contract: https://docs.usual.money/resources-and-ecosystem/smart-contracts
Godralho
That's true. Usual will make a ton of money with that but I am not sure if Usual token would be okay with that
Noé
No relation between the supply of USD0 and the team (labs) treasury - only with the DAO one
fab1440
01/06/2025 at 05:36:55 ESTthere other countries offerying higher interest than usa so its not probmlem
BingChilling
musical chair will stop at somepoint
but not all token yes but we still can dance a bit
BingChilling
let's be real good for usd0++
Godralho
I am not sure this would be good for Usual
Godralho
10year bill is getting cheaper and cheaper
Ingham
Unless we go into municipals somehow which have far better rates than just treasuries
BingChilling
this year only 2 times. 2024 we cut more and interest rate still up. people don't buy it
Godralho
Priced in
Godralho
And we are going to receive the revenue from this!!!
Ingham
Unfortunately feds do plan to cut rates
BingChilling
by back "rwa" thats a lie
BingChilling
yess they shill like no crazy i'm following other stablecoin tech not even close what usd0++ capable. retail just don't know i also almost farm usdz
Godralho
US 10year yield is going high crazy now... So Usual will make a sh*t ton of money
famousfxck
I almost wanted to farm this but then I saw the team were scam influencers 😂
Godralho
Interest rate drop = less revenue?
famousfxck
Kazillion TVL incoming
famousfxck
Which may include Binance 👀🙏
Godralho
Those seem to be 100% instable coins
BingChilling
no it's back by us goverment. the only risk is US treasury bill dump
fab1440
01/06/2025 at 05:29:44 ESTits backed by binance dont worry
Godralho
So, are we okay with recession ? lol
BingChilling
but god forbid usd0 depeg to 0.998
Godralho
Increasing 10year treasury bill rate means more revenue for Usual? @Mava (AI Support)
Godralho
How do they let depeg like this?
Godralho
This looks god dang brutal
Ingham
Is there proof that USD0 is backed by US treasury bills? Where can i see it?
Godralho
I mean competition is good and I think competition would make Usual look more competitive
Ingham
What is the relationship between USD0 mkt cap and team treasury?
Godralho
Back by another stable coin?
BingChilling
bro build layer 1 with stablecoin back by another stablecoin omegalul
Godralho
Seems like going to 5B TVL is nothing but a peanut
BingChilling
grift lmao. if they ever launch i will tell my cabal short to zero
Godralho
Pretty impressive that how Usual TVL is growing nice
Just curiosity. You don't have to answer
Noé
x)
ser
Noé
Yes but you're on the Usual discord
Godralho
I think it seems like pUSD is another competition in stablecoin area
Noé
why would I sir?
BingChilling
the mental gymnastic some people let emotion control not logical lmao.
BingChilling
if you don't like trading crypto why u buy usual at 1.6 and not holding usd0++ as "saving"
fab1440
01/06/2025 at 05:14:32 ESTi dont like trading cryptocurrency i still have ptsd from luna event i was holding usdt/usdc since 3 years until i found Usdo++ which give you apy for holding stables
famousfxck
But you actually lost money 😭
BingChilling
bruh lmao. if you stake and buy more at bottom you breakeven by now.
fab1440
01/06/2025 at 05:10:57 ESTGood for you i bought usual at 1.6 then i sold it 1.4 it was one of my greatest trade becuase i saved a lot of money
famousfxck
And another bag I bought at 1.20$
Got a bag from airdrop
famousfxck
No
Noé
# 🤖ㆍtroubleshooting
Loc
It not display rewards, cycle and %
Loc
I stake usual on usual app. But i can not see reward and cycle?
fab1440
01/06/2025 at 05:01:09 ESTi hope usual price increase brcause more apy for my usdo+++ its good project
fab1440
01/06/2025 at 05:00:14 ESTyou probably have huge bag that you bought under 0.01 that why you so bullish
Noé
bro is COOKING
famousfxck
No, 1.20$
famousfxck
Yeah ngl I’m making my monthly salary like weekly 😂😂
fab1440
01/06/2025 at 04:57:33 ESTyou mean $0.012 ?
famousfxck
Idk how much we getting from the new mechanism
Or probably sooner tbh
Will be break even in max 2 months
But if price stays at these levels I’m good
Noé
bro is earning a lot through staking
famousfxck
And still have another big bag from airdrop, not a cent sold
I know this price action is exhausting
Noé
I remember the time when people would just ape into whatever and come back to check one year later lmfao
famousfxck
Just let team cook
Hektor X
01/06/2025 at 04:55:35 ESTeveryone thinks usual is stable coin at 1$
famousfxck
APY won’t stay this high
If you have USUAL, my advice it to keep staking and holding. Ignore all the noise, just keep stacking that $$
Lmfao
And have YET to reach the “mainstream” CT
unknown l
#4 next
famousfxck
We have 1.85B$ TVL
Noé
Ethena + Usual literally broke the stablecoins world, everyone is looking for another opportunity like that
famousfxck
Blast was at 2.3B$ and was shilled by every fool on Twitter
Noé
lmeow
Noé
just look at Resolv to see the trail effect
famousfxck
Literally begging
Go to 6B$ TVL and everyone would be desperate to be a part of Usual
BingChilling
part of bigboy club now
Ingham
We should throw out stats on comparing mcap to tvl and revenue ratios vs ethena and ondo so people know just how undervalued we are
famousfxck
Nobody uses it
But yeah don’t take Binance square seriously
yns94
This is what im saying, usual has to much potentiel i dont know how the price can stay at 0.9
BingChilling
it's brainrot you don't want a know. it won't matter not even new low lol
famousfxck
2B$ TVL in hindsight
But besides that, numbers going up
Just USUAL price not acting right
There is no FUD whatsoever
Ingham
What is this “binance square”?
famousfxck
But hopefully not going lower 😭
Tbh I hope price stays at these range
Noé
nice signal for the long-term
Noé
short-term price stabilizing at 1$ when there's quite a lot of emissions is actually nice
"(my bag) isn't going up, it's a scam"
famousfxck
Except the price, but we need the flywheel effect
Everything is at ATH in terms of numbers
TVL is at ATH
famousfxck
Nah now you’re exaggerating 😂
BingChilling
the last low is 31Dec it is align with depeg fud not binance fud
Noé
Binance Square users complaing/fudding about Usual have an absolute profound lack of understanding of how crypto works, they don't even care to know what Usual does, they haven't read a thing about the project. The thing you call "fud" on Binance Square is just the amalgamation of people whose sole interest is to make quick profit, thinking every chart should be up only until the end like it's a Madoff ponzi. Even if you're top 1, you do +70% perf in 30D, they will FUD about any project if there's a -1% drawdown on a one minute chart. There is absolutely nothing that can be done about people who have no understanding (or care to understand) about tokenomics/projects, and who only check 1 minute charts while panicking as if they were bidding their life savings on each token. Usual's strategy isn't to manipulate the price or panick when there's 30 people on a random social media, talking bad about us. We absolutely don't care. Any factual metric shows that people are happy - we only base our actions on those metrics, and the direct feedbacks we have from active users.
BingChilling
i mean usual dont have new low ?
yns94
I know that but let's face it, since biance square has been inundated with haters, usual chart hasn't been evolving at all
Noé
doesn't matter
Noé
There will always be people fudding
yns94
I dont think it bro i just speak about everybody on binance, if they propagate fake news who will buy?
Noé
everybody = you and 10 binance square users
Noé
"everybody think usual is a scam" lmfao
yns94
Btc will touch 100k and were not even at 1.1 thats crazy
Ingham
Just gotta sit tight
In any case, the rwa coins will moon when eth pumps i thinm
Im seeing 0.989 on dexscreener
yns94
Its 0.977 bro
Ingham
Alternatively, 1 usual = 1,000 sats lfg
yns94
Without buyer we will never go up
yns94
Bro we need more visibility everybody think usual is a scam
Ingham
Its 0.99 now… 1 btc = 100k usual floor confirmed
unknown l
but every day i do get closer to unironically begging devs to do something
means more likely buy the news than sell
tell you what trading a lil soft into the big announcement is no bad thing
famousfxck
Need a reversal here asap
Buy walls getting stacked tho at these prices
Yeah we not gonna make it 😭
BTC at 99K$ and USUAL is already at 0.97$
BornSlippy
Unless corn doesn’t poop it’s pants
Noice . Break and retested. A break of 1.07 key resistance on usdpair would 🚀
BornSlippy
Do you have chart for it ?
💆🏻♂️
BornSlippy
Where you asleep last week? Alts had relief rally the last 5 day straight before weekend
Jimny2024
Look promissing
MedizN
usual/btc
Jimny2024
So the cir. Mcap/TVL would be 500M/2B = 0.25. Quite low
BornSlippy
Jimny2024
That would be a significant milestone.
TVL will be $2B in this week.
kiratsunami
How to be part of the airdrop ?????
Jimny2024
Still waiting for American markets to wake up after a long holiday
A9
btc has no strength to go past 100k man 😔
MedizN
it's coming guys
Zezzy
The top whales from last airdrop will be vested and linear received monthly in 6 months
esco
What airdrop? I thought rewards are paid daily for USD0++ and every block for USUALx
famousfxck
ETH to 4K preferably
Alts need a relief rally here
Godralho
When 4hours green candle shows up I swap UsualX into USDC and go to Hyper liquid and DCA 1x short positionto hedge
famousfxck
It’s definitely time for a relief rally for USUAL
Godralho
Most of coins are moved by BTC
famousfxck
First targets are 1.10, then 1.20$
And if BTC goes back to 97.5K or lower, rip
At the end of this month alot of supply gets released again from airdrop
If it doesn’t, then rip
Or well it actually has to break out let’s say 😂
I just feel there’s a breakout coming soon
louixiii
Usual is weak af
I just hope btc can move up and pump the whole market so I can exit
famousfxck
Like almost no power on our own, except if BTC goes up
But doesn’t changes the fact that we literally only move if BTC moves
louixiii
Rev share soon
famousfxck
The daily candles are closing higher, which is kinda bullish
SatoshiXXX
If you want to short, you are more than welcome
famousfxck
However still, that weird daily range we’ve made makes me think there is going to be a break out candle soon
We keep making lower lows and volume is declining
You’d think the 6 daily consecutive red candle decline from 1.45$ would be enough
Past 6 daily candles look insane, stuck in a range
USUAL just moving by BTC only
Wow BTC broke 99K
Jimny2024
About 3.3 M sell wall at 1.1. Seem people still tries to short hardly
Godralho
Since it's above $1... in 3~4hours, Chinese whale will dump lol
When I look at the phone -> 0.95 -> hmm a few hours later When I look at the phone ->1.01 Infinite repetition
kiratsunami
what use cases have you used Viem in so far ?
Lucky Boy
The viem has docs? Or i can just gpt everything?
@treebeard what run time you use? I use node
Lucky Boy
Yeah just call the api for the gas price and set you condition in the function. How can you say anyways if the gas price is low?
kiratsunami
I didn't find good material for crypto ... For instance Anchor Vwap only works for BTC, ALTS are too volatile
Lucky Boy
I already i kinda doing the same but the condition was if liquidity is low
kiratsunami
no not really for now as I said just a small script that will do a transaction on the ether blockchain and it will be event based, meaning when the gas price is low, it will do the transaction
Lucky Boy
Algo trader sniper?
Are you planning to make a bot?
kiratsunami
yes ofc
Lucky Boy
You have experience with websockets? socket.io?
My experience is only node.js and plugins in chrome i havent done any android or mobile
kiratsunami
I didn't code it yet but prob I will use node.js
Lucky Boy
Which runtime environment are you running it?
Lucky Boy
Nah but i habe done something with binance api in node placing order sell orders
What are you using are you gonna run it as a plugin in chrome?
kiratsunami
@Lucky Boy have you ever done it before ? did you test it ?
kiratsunami
that's if i use node.js
kiratsunami
before they will be able to replace us they will replace all the other jobs
Lucky Boy
You have to use axios
kiratsunami
and I'm already a developper so I like to write code ...
I will do a test with a small amount to not looose money if it works it's good then
Lucky Boy
Nah i use it all the time
kiratsunami
the problem is that it's not really reliable, sometimes he say stuff that are inacurate
Lucky Boy
Chatgpt it
Check the docs
kiratsunami
I have been studying these things I'm not familiar with web3 but it looks kinda easy tbh
Lucky Boy
The easiest straight forward way is just to use puppeteer
cue
yeah im pretty sure it's possible
gas is low now
Lucky Boy
Use puppeteer there is function if something changed in elements in browser
Ot would be scheduled
Lucky Boy
Cron job in node.js
kiratsunami
is there a way to write a script in web3.js that will do a transaction just when the gas fees are low, it will be event based, and will get gas prices from etherscan api using some cronjob ...
Lucky Boy
The emissions are lower now due to high tvl 1m produces only around 800 usuals
cue
I’ve spent only 3 dollars on it
Wait for the gwei to be low
kiratsunami
ETH fees are outrageous I wanted to buy ETH and stake it to have enough gas for my transactions ... but even staking ETH needs ETH ... I feel we are getting robbed but in a sense it's good that the protocole rely on it so that Whales don't dump it hhh
kiratsunami
P2P is sus ...
cue
Ohh yeah, binance is the cheapest with P2P
kiratsunami
mb i will do what I did before and just bank transfer
is it through Binance ...
kiratsunami
I already did that my question is whats the cheapest way to buy USDT or USDC ...
cue
1. Buy some usual for example on binance 2. Send it to a wallet that supports web3 (for example, binance web3 wallet) 3. Send some ETH too for the gas fee 4. Connect your wallet to official usual site and stake
kiratsunami
stake
cue
you wanna stake ? or just buy
cue
Use P2P or direct bank transfer
kiratsunami
yep
cue
Do you have binance account?
kiratsunami
now it's very stable ...
I have Euros (bank account) and i have a revolut account What is the cheapest way to buy Usual ... I heard that Hyperlink gives rewards (the current Airdrop ended and maybe there is a S2 so better than Binance) how do I acquire USDT or USDC ?
cue
I'll only stake with usd0++
I wanted to put 30K, but after seeing how volatile is crypto i won't do it hahaha\
Maybe put an order at 0.92 or 0.93
kiratsunami
even though I don't understand the project 100% I believe in it
I'm going to add 1K USD to my portfolio few minutes before the 7January
cue
future 1 week candles
yeaaah, i would love to see the future haha
kiratsunami
there isn't a big sell presure, means holders believe in the project ...
cue
What's funny is that now we have 500M tokens that are circulating, and still the price is not going down so much
kiratsunami
tbh the quantity being staked is already big (Huge) so I don't see it growing ... the protocole is new and avg ppl can't find infos about the revenue switch so not a lot of ppl will not about it for now as I said Usual price imo is in the hands of the market ...
cue
After 7th January, people will need to stake USUAL, so probably it will become more-dependant
kiratsunami
well price depend primarly on the market ... yes in a sense as the TVL grows it means more people are staking, but in the TVL there isn't just UsualX but primarly USD0++ so at the end the correlation between Usual price and TVL is not that strong
cue
That's all the revenue
kiratsunami
that's depressing .... I thought we d get all the revenue and not 1/4 of it ...
Fernando Bu
01/05/2025 at 20:12:07 ESTYes, sorry
If price don't follow, there is something very very wrong
cue
30M *
Fernando Bu
01/05/2025 at 20:11:09 ESTIn the end of the week we will hit 2 bi tvl
TVL increased 30 mi just today
cue
Lol, $USUAL chart doesn't have uptrend neither downtrend, it just goes whether it wants to
Fernando Bu
01/05/2025 at 20:09:09 ESTNah, I don't think so
Another day in top 10 daily losers
kiratsunami
75 not 55
cue
let's get to 0.9
cue
divide that by 4
kiratsunami
wdym
Lucky Boy
They can do a 69 stake in usd0 then stake in usualx
kiratsunami
did you hear about Blackrock wanting to do a hard fork and increasing the max supply ?
kiratsunami
damn
Lucky Boy
This post was just posted today before the rally...
kiratsunami
is this some trading bot in Binance ?
I'm 1K USD down ...
kiratsunami
I did this ... But I bought at 1.44 ...
cue
Yep, it usually works that way
kiratsunami
you mean Asians are catalyst, if the trend is going down they will make it more bearish ? and the opposite is also true ?
Lucky Boy
Loved the volatility
cue
- Usual "More stable than ever"
ravished
Dumped on by pills people that got in for free
ravished
From day 0
Fernando Bu
01/05/2025 at 19:28:04 ESTwhy the hell price don't act like
basedscarf
idc, its going to 2 dollars
famousfxck
Yeah both at ATH
louixiii
Are you staking?
Is it going up?
famousfxck
And amount being staked
I’m regularly checking TVL though
famousfxck
lol why 😂 it’s a stablecoin
basedscarf
you put an alert for $USD0 at $2 as well?
famousfxck
But if price doesn’t even go to 1.1$ bullposting makes no sense
Lucky Boy
Dont sell but there is a hedging strategy.
famousfxck
I just put alerts to check the charts
famousfxck
Ofcourse not lol, I’m not even gonna sell at 2$
cue
lol the volume is so low
OxygenG
@famousfxck
alert at 1.1 to sell? thought you had diamond hands
famousfxck
Don’t waste time with these small moves lol
Set alerts at 0.8$ and 1.10$
Relax and max stake
Everything in the hands of whales
We have low volume
There is no TA
Fernando Bu
01/05/2025 at 18:46:03 ESTWtf is ta
Bro, it's always a big red candle
ravished
The reality is "crypto" has unlimited supply, bitcoin is limited. If the market agrees bitcoin is money then supply is limited, if the market doesn't agree supply is unlimited.
Lucky Boy
Security reasons
ravished
Why can't AI ever get words right when it makes art?
Mauricio
What will happen on January 7th? Everyone is saying that those who have usualx will be rewarded, by how much?
yns94
I think we are looking at the usdc chart bro thats crazy work
flyingfish
at least it's a clever way to turn gold liquid and avoid fees and taxes
flyingfish
the minimum purchase is 0.01 PAXG (1% of a PAXG token – or roughly $15). i don't think that you can buy gold pieces that worth 15$ but maybe i'm wrong
Lucky Boy
Gold priced by ounce there are bars with different ounce or grams you know the bars with the lady suisse something
The Southerner
As I told you Asian wake up at 23:00utc at red candle, they rush selling,hhhhh
flyingfish
while bitcoin is trust on the security of the protocol
it talks about London Good Delivery gold bar, stored in professional vault facilities maybe it's their own facility idk but as you can earn a fraction of the gold bar you can't really get what you own sooo it's good in peace times but you have to trust paxos and maybe it's vault providers
Lucky Boy
The gold in paxg is still hold by a bank right? I mean its tokenized gold
flyingfish
Certainly at least with fixed supply crypto it's more easy to store a long term value asset than hiding gold or trusting the bank that stores it for you
Usual
Lucky Boy
Ask wallet address maybe that 50 buck could feed his kids for a month
flyingfish
it's still a rare metal but i was talkig about a fixed supply money even if it's artificially turned into a fixed supply currency
Lucky Boy
Gold is not scarce at all the supply is just being controlled like diamonds. Theres a mountain in Saudi the top is full stone like its normal stone lots
flyingfish
tbc i hate the goverment and the fact that they steal too much money but it understand the utility of a small devaluation
that's true but if your gold is the only money that exists once everyone has already earn it's part the future generations will have to work a lot harder to earn that gold the devaluation is also a way to distribute the money to the future generations without creating a civil war if too much people lack of money
Lucky Boy
The part where they can borrow money then print more later to pay their debt is the closest thing to time travel they are stealing money from the future
flyingfish
the reason why the money is not linked to gold anymore is because crisis from lack of money is as bad as crisis from inflation a lot of cryptos doesn't have a fixed maximum supply
Lucky Boy
Money is a storage of our time and energy. If we worked we get paid with money and if the government is devaluing your money they are devaluing you
flyingfish
crypto was invented to remove the control of money from the government which suceeded and for privacy which failed miserabily
Lucky Boy
Crypto was suppossedly invented to solved this problem in the first place
So i never look down on this people they are just trying their hardest to win in life even for just a moment
Its sad to see that a coin with a picture of a dog has nore value than their currency
Their government devalued their time and energy crypto is their only hope
Lucky Boy
Bro 4 dollar is like gazillion nigerian dollars its a fortune for them
cue
"Governance token"
yns94
Average panic usual holder
unknown l
genius marketing
$4 pnl is depressing me
Lucky Boy
In all ads always put a sexy ladies catches attention all the time
Lucky Boy
Its the sexy girl man always put a sexy girl even ladies loved it
The Southerner
I am writing from last year I didn't get a heart, you come with an AI picture you get three hearts 🥰, I feel like a turtle 🐢
Lucky Boy
So usualx holder are no longer cu**k now eh noe? Hahaha
The Southerner
He is very happy with it,he thinks he is trading
cue
5$ margin lol\
Noé
that's just sad
Noé
lmfao he has a 4$ PNL
Lucky Boy
If this thing got option calls you cant remove them till expiry if its 1000 call options at cheap in the money 1 year expiry that would be awesome
The Southerner
Look to This sample of traders,I want to get them out of the game
The Southerner
I will give you all the profit I got, I just want to get out all the 10$×75 leverage out of the game
I want buy all the token in the market until
The Southerner
@Noé can you borrow me some money to make the green candle until the Asian market open.
The Southerner
Waiting for our Asian brothers to decide,if they open eyes and see the green candle they will rush buy, but if they see Red candle they will rush Sell. Some one said it in the square and I verify it,it is real, you can check the daily chart between 23:00-01:00 UTC.
lil m
got it , thank you guys
Noé
The bot is perfect for stuff that is already published/known, when you formulate your question very well so it doesn't get confused. But if you give a broad question or implies stuff that isn't public, he will be a bit useless
lil m
but that keeps the flywheel intact for the moon i guess
got it, well thats a relieve. i went from pretty bullish to pretty bearish pretty quick lol
Noé
Bot confuses stuff / makes approximations
unknown l
especially about new features that haven't had full details published yet
bot is wrong a lot
lil m
this one confused me
unknown l
yeah i think you had it right initially
Noé
Afaik nothing has been published about how a revenue switch would work
lil m
But i think my initial thought on how it worked is correct. im just getting confused about the docs
Noé
Where did you read that?
Noé
Nope
lil m
yes i thought this is how it worked, but then the but said we dont get a revenue share from usd++ yield. Only from usd0 yield that is not staked. explained like this it would mean that xusual would only generate yield over 300 mil in circulating usd0 thats not staked.
unknown l
it's slightly below 40% on that calc and neither rev or usualx mkt caps are exactly correct but you get the picture
unknown l
the point is the revenue is coming from all the TVL. This generates the 55m a year which gets redistributed to usualx stakers. Usualx only has a market cap of about 150 mil (with 1/3 staked)
Noé
no worries boss, that's why I'm here!
lil m
thanks for always trying to explain though haha
Noé
not sure to understand that
lil m
anyway im confused i will just wait for the yield switch and see how it pans out
yes but if thats the case then usd++ is seen as a part of usd0
Noé
basically it's a big pie divided among a handful
Noé
Well, if "only" 30% of the USUAL supply is staked, and that supply isn't very high, you have the whole revenue or part of it ($55M/year) redistributed to the few who are staking
lil m
that doesnt come close to that number if its calculated like that
which is stated on the website atm
lil m
how is that apr ever 40 percent though if thats the case?
Noé
No one is currently getting the yield (in USD / USD0) at the moment. Everyone (USD0++ holders, USUALx etc.) is getting rewards in $USUAL, which has a revenue-based emission, giving it classic TradFi metrics such as Earnings per Token, to back its value. But, in a few days, the revenue switch could be turned on, which would give part (% undisclosed rn) of the direct revenue, in USD0, to the ones staking USUAL into USUALx.