Gothicowiec
I have binance but atill dont know how to swap usual to usualx can you help me with acrrenshot ?
famousfxck
Depends on the gas fees. But max 50$ should be enough.
DrunkenCoder12
yes - thank you
Gothicowiec
@famousfxck how much i need Ethyroum for staking usualx by 1 year?
famousfxck
Are you talking about USUALx USD0 rewards? The projected rewards are shown monthly but pay out will be weekly
Usual
DrunkenCoder12
@famousfxck can you help me with below question the amount of usd0 I see in the dashboard - is monthly or weekly ? also if it is monthly then it will be divided by 4 (as there are 4 weeks in a month) ? Thank you in advance
BingChilling
$100
Myguy
What would the fair price of usual be if USD0++ had the same TVL as USDC?
famousfxck
What do you need help with?
Gothicowiec
I need your help because here is many thiefs and I dont trust. I must be carefull. I have only question I dont want anything from you if you know what I mean @famousfxck
Famousfxck i reslly need your help with swap usualx i habe onyly questiin please pw
Jayjay80
Same question, meaning will this seen as positive
Abdullah
Hmm will it make it pump a lil? ๐ญ๐ญ๐
Jayjay80
I just notice that even on sunday if i look just in binance vol is high vs other coins. Defi projects have high volumes
famousfxck
Tomorrow
fredchan17999
I prefer holding good things to trading for short term. Trading is much like gambling imo ๐ Most of huge profit I have in crypto come from buying good cheap stuffs when downtrend and hold for a long term
Abdullah
Did it happen already?
Jayjay80
I studied the project, read a lot, saw the partners i was like : big project impossible to fail, i refused even to put SLโฆ..when dropped i was like : ok just correction, day after day look where we are now ๐ฆ
fab1440
01/12/2025 at 05:52:51 ESTofc you are for long term because your vesting will complete in 2 years $0.01 per usual
famousfxck
Haha I know, Iโm never gonna sell for loss
Hektor X
01/12/2025 at 05:50:05 ESTjust hold and dont sell for 5$ profit. I am here since prelaunch and bnought most of it at .25.. and some after launch was 100k up and lost now 70k in profits.. but just hold...
famousfxck
I also went all in at 1.2$ so youโre not the only one here haha. The revenue switch is cool tho
SatoshiXXX
Its ok dude, i assure you, this project tokenomic is rock solid and im here for long term
BornSlippy
Drop it like its Haawt Drop it like itโs Haawt
fredchan17999
Its okey, luckily you chose a good long term project, just stake to get the rewards and you will get profits eventually
Jayjay80
Well cause ive put by mistake 100% of my wallet in usual, i was there since pre market and it went so well and project was so good that i ve decided to go all inโฆmy fault ๐ฆ
SatoshiXXX
I already told you guys here๐ฉ? Ok fine, yes that's my cost
fredchan17999
Bro why youโre so hurry ๐ญ
Gunner funk
Let me guess. 0.52?
SatoshiXXX
A tad lower than current price ๐คฃ. I will not tell you, since i dont need another pressure. Otherwise you could make fun of me ๐ฉ
Gunner funk
What's your entry price?
Usual
Jayjay80
@Noรฉ hello hope all good. Is there big announcement to come next days a big one that can restimulate the project , we all need it you and us We can help but without it hard
basedscarf
Interesting take
SatoshiXXX
Today's price is still higher than my cost, fortunately. I will stay with my bag at least 1 year, unless things change fundamentally
LN123321
really ? colorfull ? you mean red right
fredchan17999
As funny as Binance Square fudders too ๐
SatoshiXXX
My life has just became very colorful after joining usual discord. You guys fudders are the best fun i had in recent days
Klinta
Time to put in some long positions ๐ค๐ผ๐ค๐ผ
The Southerner
Usual price is decreasing like all the market, time of "To the moon ๐" team is finished but it is time for the " Scam coin" Team to start fud.
Godralho
It's below 0.6 bruh
Gunner funk
0.6 pegged
Jimny2024
Where did you hear of it? Binancelab invests in many projects but not all are successful. They also invested in Usde as i remember. I hope they will list Usd0 cuz we are backed 100% by real asset. Not like usde backed by algorithm
lirrboroncruiser
that's why I felt pissed off in 7th Jan when they put off the rev switch and distribute reward monthly, it could have been better and the team won't need to abruptly do this without warning.
Jayjay80
What a sunday ! Super coordinated shorters ! 0,60 now resistance broke. 5millioms usuals sold one shot I think i will sell and buy lower ๐ญ Sorry im not good mood
Jayjay80
Thx for taking time answering to me. The rev switch if i understand well is this monday. I heard that Binance would list usd0 but when i dont know. Looking at the fact tha BinanceLabs invested in is perhaps a good hint
lirrboroncruiser
when the rev switch is on and early redemption burns a lot of usual it could be mitigated by the buy pressure, usual price will be stable after the flywheel fully kick in. unfortunately we are undergoing a crisis, if the TVL continue going down to a extent before usd0 circulation is widely adopt like listing in binance, we may suffer in a long period
Usual
SatoshiXXX
F u man ๐๐, i dont know why admin keep you here. But i have to say you are very entertaining
Jayjay80
And do u think can do these sells for long ?
Thx @lirrboroncruiser so the dump since early jan/end dec is mainly due to that (on top of btc down too). Sad that they didnt anticipated such things, it was obvious that it was going to happen like this, thats why usual holders were not happy being dumped
lirrboroncruiser
it's usd0++ stakers' coordinated selling with their reward and profit from shorting in perp, that's why the team choose to abruptly locked them up
Jayjay80
I m just tried of all this dumping. After good news friday it pumped until 0,71โฆ.now 0.61 ๐ฆ who is dumping it like this Shorters ? There are suddenly big a red big candle that breaks price down, same yesteday
Yes but here its a serious crisis so action needed to be taken fast. At least im happy they did all what they didi this 2 days because usual price was going down. I thought usual coin prince was not important for them
Lucky Boy
I think entrophy kicks in on the price for a few months
Jayjay80
Hi. Only solution i see to put back usual on track after fud and people trust they said lost: usualmoney to buy some millions of usual to pump the price, so fomo will be back and people will say comme on lets go back: they have the right. They will stack as any other customer etc etc. just 5 millions in 2 or 3 days will make usual pump. I m sure a lot of companies does it
ptitspapiers
How can the token fall with the revenue it generates is completely absurd no?
Klinta
Get laid bro and smoke some ๐๐ฅธ
Zugor
What is your purpose here bro?
unknown l
are you a happy person gunner?
Gunner funk
Suddenly no one is concerned with price anymore
Godralho
All depends on inflation data this week. BTC will make direction and all alts will follow BTC
Lucky Boy
Is voting active now?
Klinta
Troll ๐ง
Gunner funk
๐งฒ 0.6$
The Southerner
Your wallet will be ....
Ingham
@Noรฉ this guy has been copypasting this several times ๐
Godralho
BTC 120k, ETH will be 5K, SOL will be 300, Usual will be 1.2 BTC 75K, ETH will be 2.5K SOL will be 100, Usual will be 0.2
Lucky Boy
The dividends is usd0 i think
Gunner funk
Moon to $1
BingChilling
For usd0++ reward u need claim manually
JaharakaL
Is there any purpose for the "Claim Rewards" since its auto compounding?
famousfxck
Sometimes yeah
CongQ
not laggy for me
JaharakaL
Usual's dApp is kinda laggy or iam tripping?
famousfxck
Should be added in a few mins
oldjonexx
Why was it promised that liquidity would be added now, but there hasnโt been any mention of it yet?
BingChilling
Maybe your regret is not sell bitcoin in 2025 ๐ i see this many times.
ravished
Don't ever sell bitcoin, one of my biggest regrets in life.
Lucky Boy
You can try to simulate in the app like this but this value is not constant changes depend in revenue
Adarsh Kesarwani
bro , how much usd0 its showing for staking 30k usualx ?
kiratsunami
tbh I would buy too
unknown l
i would buy
famousfxck
Never ask financial advice from anyone. Just do more research, keep staking and think for yourself.
Sama Do ๐
Guys i let this coin near 1$ few days ago, why it go down till 0.55$ ? It's now 0.64 .. u advice me to buy at this price or wait till it will drop again to 0.6-0.57 ?!
Usual
Roman - Adamik
@Noรฉ, perhaps a slight modification to the UI could help avoid confusion ๐
BingChilling
Yes Total protocol revenue 5M in this month can be distributed. You get some of slice of the pie
Roman - Adamik
Thank you @BingChilling, so what does the /5M acounts for? Oh ! I think I see, it's the projected monthly revenues of approximately $5M Am I right ?
BingChilling
Monthly. Next month will be calculated based of apy. It can go up/down depend on protocol revenue
Usual
Roman - Adamik
Hello guys, Could you please help clarify something related to this screenshot shared above ? - Is it 3.99K USD0 reward monthy, guaranteed for a period of 5 months ? - Or is it 3.99K USDO reward total in 5 months ? Thank in advance for your answer ๐
famousfxck
More TVL means more revenue so APY would go up. But can go down if there are more holders
A9
might be a very dumb question, but if the price eventually explodes and so does the TVL, would the revenue switch be lower (bc more holders) or bigger because we would have much bigger revenue too ๐ค awnsering bellow r: yeah that's what I mean, wondering what the proportion would be and which one could signify a bigger increase or decrease, seems too good to be true rn tbh lol
Lucky Boy
Thanks
unknown l
I'm not sure yet, would guess the standard usual earn dashboard
JaharakaL
Rev switch starts 13 January right?
Gunner funk
If life was that easy
Lucky Boy
@unknown l and the usd0 dividend goes to where to be claimed ? how to get it?
BingChilling
We will see clear number after early redemptiom rollout. It maybe decline short term. But will growing after fud clear.
Jimny2024
The eligible UsualX for rev. Sharing went significantly from 121M to 127M just in 2 days
unknown l
yeah if TVL gets back to growing then yield should be able to hold up for a good while
Lucky Boy
I mean it can pay for my monthly something right? If the apy remains consistent this is good as long the conditions holds true and consistent.. if this is the case and its consitent monthly then im jist gonna stake all my usuals and buy monthly
unknown l
depends on your expenses right and as usual circ supply grows and staked usual increases yield falls unless revenue grows
Jimny2024
It says the minimun apy you possibly receive. So i think the actual apy may be higher.
Lucky Boy
So i can liveoff with this with just 30k usuals staked? Or yield might go low anytime
Investus
We are going to the mooooon
BingChilling
Yep thats the point reduce emisison. So they cannot forever dump
Lucky Boy
2000 usual stakes is 40 usd0 monthly dividend? This ?? Its high..
Jimny2024
The fud seems cool downed. Let's wait to Monday to see further market reaction. At least if they panic redeem or burning, we have higher apy
Klinta
Whatโs with the pumps to 0,71 and then we go back down ? Happen twice today ๐ ๐ผ
DV
On my way, contacting cobie rn(is a joke guys, not serious)
BingChilling
u create new protocol i will be your VC if it good
DV
Usual should make 8 year bond at 2:1 and drop to 0.5/1 after collecting 2bn
unknown l
@Jayjay80 usualx revenue switch. is launching Monday, stakers will get a 90% APR to start in stablecoins from protocol revenue!
BingChilling
Yes keep in wallet not lp/pt/yt You can claim weekly
BornSlippy
Iโm re-la-la-laxing my man ๐
Klinta
Just sit back and relax my friend
BornSlippy
Hey yโall. Do I understand this correct. All usual stakers ) usualX holders) are eligible for the protocol revenue after the switch is on. Is there anything else you need to do than stake it in your wallet ? Also: how or where do you receive these extra earnings ? In the same wallet you are staking ?
ananasbrb
What do you mean same moves as BTC? @famousfxck
BingChilling
because this is the first liquid bond token something new. need to change their paradigm. you can give them US bond 10Y yield going to 2008 level and still nobody care. i care.
Arbi
Your buying 60 million of revenue per year at 300 million valuation. Revenue is much more expansive in TRADFI. But I guess there's a catch somewhere.
unknown l
yes that's right, you'll start accruing rewards on Monday and they'll be paid the week after
icarioth
Ok ๐
E11m
Tbh they need to execute the burn mech to dispel the fud make it fair for the stakers
Beinahruga
start 13 will get the first yield 20 if i understand correctly
BingChilling
20 jan
icarioth
So usd0 rewards will start 2 feb or 13.01 ?
E11m
Thanks boss
Hektor X
01/11/2025 at 06:41:22 ESTwhat happens with USD++ staked on Bera? Can anyone explain to me
BingChilling
i guess monday but next week
E11m
When will the burn mechanism be Live?
fredchan17999
Bro keep calm, let the market long term decide the token price. We have no rights to block anyone from sell/buy anything. Keep holding our own assets and we will get profits of that
Kaleo
people dumping but they will regret
Davinor
I want 100x in a month, if i loose money it's a scam and team rug pull the users. No patience at all
JazzySt
Oh letโs stake USD0++ that was initially intended to be held for 4 years with a unstake penalty that the team SAID would be only implemented in Q1 to allow those to withdraw early do what they need to do, then duckin cry about it
Klinta
The masses lack the ability to read text, just green candles ๐ฅธ
Davinor
Gm Interesting how many people still cry a lot and not understanding anything how finance products work
JazzySt
Gm โ๏ธ
Deicide
That's my understanding also. While speculating that the value of USUAL goes up. That's why I don't mind to wait and see. Rewards are good. I noticed on new UI it says something about weekly distribution. But I don't understand the mechanics yet of how it factors into everything. Also looks like top up mini game where you can guess the best timing to reward scenario.
Arbi
If the revenue distributed is 5 millions a month, so 60 millions a year, it seems like an insanely good deal tu buy USUAL at 300 millions valuation and stake. You keep (grow ?) your share, while getting 50% real yield. Am I missing something ?
Deicide
Rev switch will also have usd0 reward if you don't unstake your USUAL.
Arbi
Thx
SatoshiXXX
I dont think so, usualx is the pool where you get the most of usual emission
Arbi
If you stake USUAL, do you still get diluted by other emissions ?
esco
Assets that yield donโt sell for less than the returns and are often priced in for future revenues. USD0++ was never a stablecoin
unknown l
it's paying 90% annual yield in stablecoins
famousfxck
Nah, USUALx has huge yield one from staking and another from revenue switch. Also we have DAO governance with currently 20M$ treasury. Plus itโs a deflationary economic model. Currently one of the best tokens out there imo.
matthias6763
Do you have a link to this view?
Dreamcatcher
Do i get rev share rewards for holding pendle yt usual x too?
Deicide
Rev switch rewards should be a huge incentive for staking Usual. I hope we will have robust (euphemism) guide for noobs. Maybe even reward simulator.
haoduong4538
Is it really????
Jimny2024
It's pegged with usdc. You can swap at any dex such as Pendle, Uni,..
LN123321
if i recieve usd0 when the revenue switch is active , how can i sell it ?
Yi Long Max
https://tenor.com/view/nah-han-sung-kang-fast-x-no-gif-9009623534519168477
Godralho
Hope for the best, Prepare for the worst
awson
Not 1:1 ser
CongQ
Sound logic, ๐ฏ solid analysis, will follow๐ซก
Lucky Boy
I dont think
Gunner funk
K
Godralho
Let's face it BTC 120k, ETH will be 5K, SOL will be 300, Usual will be 1.2 BTC 75K, ETH will be 2.5K SOL will be 100, Usual will be 0.2
Jimny2024
Guys, who can do a math how much usd0 a UsualX can receive per week? How much revenue is distributed weekly now?
awson
Ser mcap follows tvl
1+1=2
yea, in 3 years, when your revenue has accumulated to 3x of token supply, sure, then itโs $3. can you explain why the fair price for USUAL at any point in time shouldnโt be the (sum revenue/total token supply)?
SatoshiXXX
Dude, revenue is on a rolling basis. If tvl stays for a long period, it will continue yielding revenue. Its not a one time revenue. Using your logic, if you think usual "worth" $0.03 from current accumulated revenue, it could worth $3 few years later (assuming 0 growth in TVL)
1+1=2
wait, why shouldnโt usual be priced at 0.03? if thereโs 540MM token supply, and thereโs $20MM revenue to date, shouldnโt each USUAL be worth $0.03 today?
BingChilling
No run
Cupi
We get fee switch if we lp usualx on pendle ?
Lucky Boy
Asian session
BingChilling
coded
ravished
That's why you have to stake!
awson
current situation feels like same when binance did fud with its cir cupply bs when launching on spot
Lucky Boy
Looks like you guys did not get the double top please get the double top
BingChilling
that's some issues on API can be fix UI issues not fud
ptitspapiers
Stop fud
famousfxck
UI issue will be fixed
unknown l
75% wow
famousfxck
๐ฅ
17
โค๏ธ
8
LMEOW
thisismine
treebeard
_treebeard_
Nostra
nostra14
JohnJL2018
johnjl18
Fleshi
fleshi19
Olivier-c.eth
olivierc.eth
skipper
skipper3333
ravished
ravished.
Noรฉ
0xnoe
Proportion
.proportion
matthias6763
Sir_V
victor_atani
unknown l
unknown_l7
Jimny2024
locnguyen_31
kiratsunami
link2024
wd8619
Luiz Lucas Correia
luizlucascorreia
awson
the 50% rule for revenue switch is dropped right ?
Meris
I'd rather risk it and lose all than sell at a loss
Cortina
There is a case to be made that this is a classic example of "there's no such thing as bad publicity". People trying to figure out whats going on, dig into the docs, realize its all pretty cleverly designed and that value accrues to USUALx.
simaskzo | Pirate
yahoooooo so happy we are at 0.7. Now I'm only 70% at loss yahoooo I'm so happy
Meris
sad, i wanted to buy more at that price tomorrow when i got salary :/
BingChilling
always love counter trade people. long side risk free APY lol
unknown l
i'm being paid money to long usual on leverage right now, 10/10 experience so far would repeat
famousfxck
Crazy how we were almost down -20% and here we are ๐ almost back in green
BingChilling
there is no free money everybody need to pay when due.
ravished
lets pray the shorts get liquidated or have to cover and squeeze
ravished
rev will be split among more participants but the demand for usual will go up increasing its value
ANDRONYNE
01/10/2025 at 17:08:08 ESTThere is always a path forward, but we sometimes have to take a few steps back to get there
unknown l
it's going to be ok my friend
ANDRONYNE
01/10/2025 at 16:55:43 ESTThe key difference being that you PURCHASE the bond at LOWER rate and it INCREASES. Everyone bought usual 1-1! Actually braindead
unknown l
usual is backed by treasuries, terra was backed by hope
CongQ
dude do u have any idea how Terra Luna's tech works
JelledJam
Probably should have plastered this on the mint page and on Pendle as extra info. Probably shouldn't have had near 1:1 redemption just so you could gobble up liquidity then lock it in for the first 3.5 years of your product. Idk next epoch I would only buy in after the random over night peg drop so I would be liquid at least. (Bad for the protocol since nobody wants to add more tvl). I guess it will look good on quarterly reports, 2028 will be interesting to see what happens when tvl actually is reflected by the market with this strategy of ummm I guess web 3 banking?
famousfxck
Thereโs literally zero comparison
icarioth
Where I can check % of usual staked and other statistics ?
Vanilla
01/10/2025 at 16:21:03 ESTfloor only go down? pls fix tech
Lucky Boy
Looks like it. we can start buying here to down
Adarsh Kesarwani
Market can be wrong only for short span of time , as soon as big players understand the dynamics , usual will moon like never before
Adarsh Kesarwani
Guys read the announcements , all these things which are planned will work like magic for usual price and eventually the protocol .
Usual
JaharakaL
@Lucky Boy yo may you accept me to ask you something about the token hash ty
CongQ
wAt iS rIsK aSsEsmENt, the fricking first word on the UI when it comes to USD0++ is โbondโ, at least go ask ChatGPT what a bond is.
Lucky Boy
No brother usual has treasury and pegged to t.bills so it will not suffer same fate. tough price has fallen and may fall some more but the project is for long term.
famousfxck
Bro some people just look at charts, they do 0 research nothing ๐๐
billofine
01/10/2025 at 15:14:56 ESTItโs up in the last hrs. Back to 1 pls
Lucky Boy
Im not sure regarding the rewards details. How its distributed. Maybe other people can reply but staking is good to just stake it and forget about it then come back 2 years.
Lucky Boy
1. You put usual coins in web3 2. Connect web3 to usual dapp 3. Use usual dapp to stake usual 4. You recieve usualx 5. Add token hash in web3 for token to be visible in wallet
unknown l
ok just made my first ever lev long usual
famousfxck
This will increase the real value of USUAL. Because staking it for USUALx will give you a piece of the revenue. Which is like 3-4% APR per month in USD0.
Lucky Boy
He has to add the token hash using add token button
KENOBI
could you explain it more detalized?
Lucky Boy
No theres no bug but when you stake you have to add manually the token for it to appear in wallet
Maks
Is there a bug from binance (web3) or usual? I may not stake my usual on usualx...any advices (except "change your walllet")? I need to understand
Lucky Boy
To early to celebrate lets see status asian session tonight to be sure. But this is buy point going down.
Jimny2024
Next week gonna be a great week. Imagine rev share + a huge fee from early redeemtion.
Lucky Boy
We remember this fuuking shiityy moment all the time. This bottom is confirmed yesterday false bottom
BingChilling
is this mark the bottom i will frame this and put in my bedroom wall
Lucky Boy
The problem now my 5 grand is stucked in btc at 95k i hope btc cooperates so i can buy a little ๐คฃ
famousfxck
No way lmfao
Lucky Boy
Bahahaha yes if tonight no more selling pressure we are golden @CongQ
Noรฉ
really nice to read this from DCF, knowing that we haven't talked to him at all, the guy is just smart
Jimny2024
But now more people aware about rev. Share. They would like to stake and according ly make the UsualX increased. Let say, above 50%. So the floating will reduce to a point that can't severely damage price?
BingChilling
TA wise all the wick already filled lol the annoucement is very calculated
Lucky Boy
We will see if the chinese still selling tonight of they still sell it will continue
Jimny2024
Guys, is the fud over? Should i thank to Fud cause they shortened Rev. switching 1/2 month?
DraKryZ
Nah, thatโs part of magic
unknown l
sensible new announcement and huge amount of fear and anxiety, have to agree
Lucky Boy
I think this is good place start buying going down
๊ธ๊ดด
I think the reason for the decline so far is that the holders are selling it out of anxiety, and of course, it could be the result of the price increase of Usual, but there's been too much selling, and it should be a recovery..
Edmilson
I will believe in you๐
BingChilling
coinglass bunch of shorter get liquidate
JazzySt
Thereโs a lot that will sell now to exit scared of next dip. Letโs see how this plays out for them lol
Lucky Boy
People got stocked longing the pump ๐คฃ๐คฃ
Gothicowiec
buy and stake and dont panic... lok BNB price history also ๐
kiratsunami
we are going to the moon Very bullish
Lucky Boy
Finally some green
Gothicowiec
haahaha big fish 0.70 did
Investus
Buy usual and stake. Fee usual coins right now. We will see $1 soon. Remember my words, as always ๐๐
BingChilling
wait this monday reveneue switch ? i had to remove my pendle pool ?
KENOBI
early unstake fee means that later there would no fee for this?
DraKryZ
#NeverSell Imagine bitcoin seller when it reached 16k
JACH
@JazzySt i send u a friend request.
famousfxck
Believe in something.
Adarsh Kesarwani
Watch ena , it also gone to hell to reach heaven now . usual is one of the top coin , wait and watch , it will do wonders
Abdullah
I hope in February it goes back to normal. What do you expect next month?
The Southerner
I trust the founders team about all the technical and financial issues , One thing is important for me is : getting more coins with discount prices from the market, I am sure that the real price of USUAL is more than 3$ per usual. I will be here waiting for weeks, months,or even years, patience is stronger than force.
billofine
01/10/2025 at 12:55:42 ESTWhat do we genuinely think will happen with usual price. Team has lots of money now
The Southerner
Now: +3% To the moon ๐, After:-3 Scam coin The blood๐ฉธis everywhere in the market
famousfxck
There will be an announcement coming soon. Let the team cook bro
0xREALaldc
I mean that the team should release a announcement to calm down the fudd, I understand that they had the info on the docs but there was never some place where it said 0.87 and people who had done loops on morpho are fkc now, I'm not one but I'm a holder of USUAL and even Mev Capital said they didn't were warned about this, it's sad to see this happen to a project that I was so bullish man....and I don't lie, their airdrop changed my wallet
JazzySt
@0xREALaldc They werenโt quiet theyโve been very involved trying to calm the fudd. Noรฉ probably took a short break because heโs been answering as many questions as he could the whole day. Noรฉ is in general actually he didnโt even take a break @JACH itโs another dex but unlike web3 you donโt need to manually enter the address etcโฆ you can just transfer your tokens and they will show
ElAnalistaa๐ง
Any info about depeg ?
0xREALaldc
team should not stay quiet during something like this
JACH
Im still new, just found out a few days ago whats metamask.
JazzySt
Why donโt you directly move from binance to a dex that you can link to usual dapp?? I did that directly from binance to MetaMask to usual dapp less fees
Camel
Nothing to do but strap in...won't lie, feels like it's a bit fooked...god knows when this recovers now. My hope now is just in the rev share to be real with you, hope TVL and Revenue don't decline and we get that ~40% apy in USD0.... FUD has been of mega proportions, combined with the overall market downturn....literally couldn't be a worse cocktail Maybe some big investors/believers step in to buy the blood bath, but so far nothing....bottomless pit of selling
ravished
funding rate negative pays shorts?
BornSlippy
One positive tho. Even Luna pumped 5x after crashing from 100$ to 0.00005$
BingChilling
everybody on planet short usual lol funding rate negative on all exchage.
JACH
Can u explain this to the people that are still new (like me) XD
Lucky Boy
Usual borrowing is still very much abnormally high above 9 percent if this doesnt open your eyes because of bias. I dont know... people are just tapping their lands to gain mana and proceeds to cast tendrils of agony direct to you.
fredchan17999
Yes for USUALX holders (not USUAL)
BingChilling
in curve pool you get curve
preazzzy
Fees going to usual holders??
famousfxck
??? Better price than FDUSD and sUSDe. And we have 900M$+ volume lol
Alistor
Can't really blame them. The situation has been handed as poorly as possible.
fredchan17999
One more guy asking this question ๐ ppl just panic sell after some unreal fuds
hawk_is_back
damn whats going on with the price
Lucky Boy
If emission is still high is 1b more or less march or april valuation would be around 0.04 including income from staked tokens and if sentiment still negative. this is just my computation i could be totally wrong
JaharakaL
The fee in usual you get from Usual's website is returned to you and you get 10% Usual's reduction on unstake..You pay Gas Fees on staking aswell your Usual to Usualx
JACH
Its not like this? BINANCE > fee in USUAL > WEB3 > fee in ETH > USUAL PAGE > fee in USUAL > STAKE
Cortina
No, this doesnt make sense
JaharakaL
@JACH I did my trades on peak times and the gas fee was high but if you do it in the morning it might be 10USD? There is an addon on google chrome called "Defi Saver"..You will pay one fee with Usual from Binance Exchange to Web3 and then you you will pay Gas fee three times Binance Exchange > Web3 > Usual's Platform > Stake Usual.
JACH
Just check, it will only cost me 8 USUAL to send to Web3. The stake fee on USUAL page Is also not standard?
cesarpc1
Great project, but they need to provide an explanation for everything that happened. You'll say that you don't think they're to blame for not having informed that everything would be carried out on day X.
JaharakaL
@JACH gas fees are not standard in the morning the they are "quite" low on my case i spend like 25USD?
Usual
Cortina
What announcement are you looking for? What specifically is your grievance? I would honestly like to help.
Zugor
There already did in general chat, But I didn't find it on social media
cesarpc1
Will the team announce something about this horrible communication of theirs, a note of something talking about it?
WWW
I think it's best chance to buy USUALx
BingChilling
yes but you got issues with reading comprehension
Zugor
What's with Fraud ? Can you prove it? ๐คฆ
JACH
That gass fee to stake its what i saw on square. I would be very grateful if you could give me an estimate of how much it would be in fees.
lanosss
At least I don't fraud people ๐ค
Deicide
Kek. Tagging your own jokes. The lowest form of self promotion.
JaharakaL
@JACH Binance Exchange > Web3 has a Usual Fee and then there is a Fee from Web3 to Usual's Platform Plus extra gas fee to stake them
JACH
Yeah, but i need ETH for fees, and now i dont have any. U know how much i need? I know i need to spend from Binance to web3 wallet, them More to send to USUAL app, and on Binance i saw someone saying u still get like a few in the USUAL page.
Lucky Boy
@Yi Long Max brother peng .3?
Deicide
If you predict you might need some liquidity, stake percentage for long. If you feel confident that you can wait. Go all in.
famousfxck
Legendary move
andrucrypt
plan was to mislead the people, and it worked out great ) They can talk about "it was in docs from day 1" and blah-blah-blah a lot, but that's all just a nice trick and I admire how cool it was implemented xD Also why are you so sure it won't change in future? New Usual DAO voting and boom! ps: so funny to read that looks like even MEV Capital didn't expect this move xD
ravished
so stake it now or just swap for usualx and you are good
lanosss
Lmaoooooo
Deicide
https://docs.usual.money/usual-products/usual-governance-token/usual-governance Why I expected the change. The fud and perhaps the panic selling. Is because people acted on a different expectation.
JACH
I dint stake my USUAL. ๐ฆ Im still new, i dint knew how, and by the time I started to understand the process and the expenses, the price was already going down and I decided not to do it in case I had to run.
ravished
as long as the TVL remains locked for four years and revenues don't go down all usualx holders should more than double their ROI before years end
BingChilling
exactlyyy when end of maturity you can keep all the APY + principals for yourself good deal
yns94
The good news is that after the divorce you won't have any wealth to share
Arbi
This is not how it works dude...
fredchan17999
Lol bro, they just do what was planned, and it will increase from 0.87 to 1 after 4 years, never can be 0.6 or 0.7. Stop reading fuds and get panic bro
lanosss
Divorce?
JACH
I hope, because I convinced my wife that this was a good idea and moved all my capital to USUAL. Yesterday I could have gone out in a draw, but I thought it wouldn't go down any more, I was wrong.
ravished
80x the current revenue
BingChilling
i will put buy order $0.01 frontrun everybody to buy at $0
JaharakaL
Thinking to get some Usuals on this price
Grpprofesional
Usual.x revenue would be astronomical
Deicide
True. It's bad for business. An ideal community is where there's mutual respect and collaboration. I think timing is bad , but we'll get there.
BornSlippy
Oh lol. Sorry ๐
Dave Naga
# I told you before becarefull if you hold USUAL! team will sacrifice USUAL for people who redem USD0++, USD0++ holder hoping price USUAL going down to less pay redem Then you know if price USUAL down? The APY 22% will decrease (if price USUAL down emission will also down) If APR down user not intersting on usual and withdraw their fund, and you know? The TVL will going down, usual dont get big revenue. Thanks me Later
Grpprofesional
Not usual bro I was talking USD0++ short
famousfxck
I feel like theyโre gonna make a new announcement which would make everything bullish again ๐๐ like idk
BornSlippy
You can short usual on kucoin. Been shorting since the 1$ break
Lucky Boy
This is just my general opinion no fud intended but if community threats people without idea in crypto or has limited knowledge like syeet fuds etc etc being dismissed laugh at being aggressive. This people will begin to hate all i can see now is pure anger being unleashed
Deicide
Kidney collateral is an untapped market.
JaharakaL
@famousfxck so we gucci?
Investus
Lets the game begin. $1 soon baby๐
Lemoussu
Thank god you're not fud ๐คฃ
Dave Naga
I told you before becarefull if you hold USUAL! im not fud team will sacrifice USUAL for people who redem USD0++, USD0++ holder hoping price USUAL going down to less pay redem Then you know if price USUAL down? The APY 22% will decrease (if price USUAL down emission will also down) If APR down user not intersting on usual and withdraw their fund, and you know? The TVL will going down, usual dont get big revenue. Thanks me Later
fredchan17999
We will get it I believe. Just time matter
famousfxck
We gotta stop with the FUD and negative thinking. If youโre afraid either HODL or sell. Stop making others afraid. We are all adult people who can make our own choices.
JACH
We all want that. But i think we wont get It.
Gunner funk
Bro are you for real
wolf-fighter
what a joke because it for a short few minutes goes up by 0,005 doesnt mean its increasing
Lucky Boy
Everyone thought yesterday was the floor price they all covinced themselves that. Anything can happen. I would not trust any upward movement at this point as they can rebuys
Grpprofesional
Imagine if there was any market where we could short it, then buy it at floor price and hold it to maturity ๐
JaharakaL
We are diving boys?
Lucky Boy
I dont know man. Nobody knows but i believe it will go down some more
Investus
@Lucky Boy
wolf-fighter
Lucky Boy
Its not limit orders.... fire sale goes to market sell check the trades
Investus
@Lucky Boy will we ever see Usual share om $1 again? What do you think?
Lucky Boy
Can be if 80% of binance is not pissed. But i doubt tonight chinese still gonna be selling.
Investus
I am in Binance right now. What are you using?
BingChilling
short squeeze lol people can hold long without paying funding rate.
Hektor X
01/10/2025 at 10:21:03 ESTsame.. down 50k last week. plan is to hold 5 years anyways.. hold or nothing
Lucky Boy
What the market cap now? 290m something.. whats stopping a billionaire to short this to cents if there too much liquidity.. just saying. I mean plenty of billionaire in binance.
wolf-fighter
someone said it wont fall anymore at 70 cents now it fell so ahrd even from there >.>
Godralho
Not at all
Gunner funk
Is this finding rate high on the short side?
Lucky Boy
Bro i would say it will move to cents like mantra and make billions market cap in 2 years. But not before big money scoops it at meme coin price level because big money can its possible. this looks very very familiar to me. If you are willing to hold and average down in deep waters its good. I could be wrong all im saying is i have seen this plenty of times
BingChilling
yess when fed postpone rate cut until oct and bond skyrocket
JazzySt
Jimny2024
Could you predict the turning point for price?
Lucky Boy
Even everyone holds this coin. When many is borrowing and selling basically shorting this can go way way beyond deep waters. Now people are taken into deep waters and they discover themselves
Investus
I know. Was just kidding ๐
Virtus
read website
LavaLittleBird - Chasing
01/10/2025 at 09:58:57 ESTI just cut loss it. I gave up ๐
Investus
What is rev share? Hows working? ๐
xstryder
I prefer 10 cent to be honest, so we can just exit usd0++ with less than 2% penalty
Lucky Boy
.8 is denial .7 disbelief .6 anger and gnashing of teeth .5 is the point of pain . I believe at this point 50% is already expose to delta.
BDx_0
Lost 25k$ but not sell yet, will wait for rev share or full rekt๐
Gunner funk
You already did lot of damage with your moon talk
Flash Boy
Total lost for USD0++ holders is almost 0.2 bil ๐
JazzySt
Or Lebanese pounds ๐คฃ luckily the South African Rand isnโt doing too bad
Meme Milli
01/10/2025 at 09:45:23 ESTstraight to zero? ๐ฆ
BDx_0
Zimbabwe dollars??๐
LavaLittleBird - Chasing
01/10/2025 at 09:43:08 ESTLost 5000k ๐ฅฒ
fredchan17999
I got lost above 10k$ but still so chill, just hold guys ๐ฅน๐ฌ๐ At least we should wait for the rev-switch on ๐
JazzySt
Hay el lingua espanol aqui # ๐ใlanguage-select yo peudo te ayuda un poco pero preferamente habla con gentes que peuden te ayuda mejor que yo haha my Spanish sucks bahhlss itโs been ages
andrucrypt
Which one? Stay in project that tricked you? I admire the way I was tricked, fixed the loss and moved on )
Dave Naga
# Lets talk about redemtion how does team can sacrifice USUAL to cover redemtion USD0++? Its will efect to USUAL price? its will efect to User? its will efect to APR Pls guys be good disscussion here
icarioth
Itโs to hard to read itโs the biggest problem for usual ๐คฃ
LazyMicrobe
Hola, yo hablo espaรฑol
Meris
What mistake you did?
Quintero
Alguien habla espaรฑol?
Lucky Boy
@MorningPhoenix @KENOBI i dont believe in charts but i believe in something people cannot hide which is liquidity. If theres too much liquidity price goes down and price go up when there not enough liquidity. Hedging going "delta neutral" theres a lot of implementation in stock you buy a put option to collar your assets in abrupt downward price movements like an insurance. Here i do it manually when we see a point of good exit we loan borrow the coins and sell it immediately to usdc lets say 1k coins at 1 dollar when the price go down to .04 you can buy back the coins at 40 dollars and you earn a profit of 960 usdc. When the price goes up it will not affect you since you have coins to cover pay for the loan and you earn some profit if your coin is "in the money"
andrucrypt
looks like you are new in crypto ))
famousfxck
Guys. Believe in something. Do not make the same mistakes I did when I started crypto.
Feyne
Sorry for being pessimistic, but why? It keeps dropping. It's very worrying.
Dave Naga
Becarefull if you hold USUAL,I dont fud! Team does sacrifice USUAL for USD0++ i just reminder to you
MorningPhoenix
@Lucky Boy can you explain hedging ?
KENOBI
can you look at notcoin chart, i found some similarities
fredchan17999
Is that you who asked us if the price go up? Why bro u so panic ๐ญ
Mowgli
I hope, i will wait until mid february personaly to see how it will be
Lucky Boy
Yeah will be rich alright you can own millions of usual token at meme coin level prices. I saw this coming i keep on saying its like an frc look and feel. But honestly at this price level im stacking and hedging at the same time. 1 or 2 prices yeah in 2 years maybe . For now i dont see any driving factor for this to go up in the short term.
yns94
Bro it cant go to zero
Feyne
I'm new to the crypto world and not very knowledgeable, but I have a somewhat naive question: what would happen to my USUAL tokens that I staked if USUAL's value drops to 0 or near 0?
Investus
What do you guys think about the Usual share price next weeks? Will we ever see the $1-2 ?
basedscarf
What are you on ser?
MorningPhoenix
would you have said the same thing for btc when it went to 18k back to 3k then 60k back to 18k , AKA the S*** coin ? Crypto guys rember that, the project is solid stay confident
BDx_0
Guys if u cannot hold u wont be rich ๐
Sotashi Nokomata
more like 20% a day
Zugor
That's not wrong tho.
Lucky Boy
@KENOBI @MorningPhoenix hey im here since 2 weeks keep on saying im bullish in this coin in the downside does that not mean anything? I keep om saying setup a "delta neutral hedge" still you guys dont take action, i relaxed im hedged. I keep on warning binance borrowing is "abnormal" there is unusual flow.
MorningPhoenix
Yeah basically , hey everyone crashed , like @Lucky Boy said USD0 "the hare" is winning right now but usualX stackers "the tortoise" is here for the long run
Zugor
This dip is kinda sudden
fab1440
01/10/2025 at 09:15:53 ESTthat why i hate defi last time it was UST i lost all my money.. i put my remaing money in binance earn for 1% apy for 3 Years until i toutch this then again i lost my money
๐
12
๐คฃ
5
1
Valborg
valentinsoonieverse
LavaLittleBird - Chasing
thejaywalking
Undercover
blaskec
Flash Boy
.flashboy
fredchan17999
Hektor X
hektorx
Lucky Boy
kinsamas
Godralho
puding1467
BDx_0
bdx_0
SaitamaXXX
saitamacapital
Dave Naga
davesinaga
basedscarf
basedscarf
Godralho
Gunner funk
This is what usdo++ holder's want
Lucky Boy
At the buy back of the short it will have a momentary pump there you go delta neutral short to take advantage till it go zero. Almost 9% binance flexible too much sshorting. I mean if you borrow sell 1k you csn pay pack loan at market cost of 40 dollars at .40. So 10k could earn you 9k if the price went 0.04.
fredchan17999
Lmao we back to poverty together everyone ๐ noone get alone
MorningPhoenix
guys that candle stick is just for buying lower , panick is the worst for traders , keep calm, jerk off a bit. THE pump is comming
BingChilling
funfact if usual goes to $0 early redemption will be free
LN123321
I will invest more if it drop to 0.3
nein ๐งฒ
LOL
Abdullah
Holy crap
Lucky Boy
Imagine at .04 its like 1k coins is like 40 bucks cheap prices!
Gunner funk
Not a single green candle
marvak
It might get even crazier down the line. You think Trump is going to let the French have the money?
lanosss
To zero
Usual
Gothicowiec
they get out my friend when he ask " this is shitcoin?"
yns94
Nah bro a big dump like this in 2 days is not good at all espicially without a big market crash
Pascal
๐๐๐๐
DOG
๐
marvak
Guys relax. Even if it drops to 0.05 there is still long term potential. It was always a long play
Lucky Boy
This is my target price im going to stack here
LN123321
it's called risk especially crypto
Investus
@Noรฉ Should we investors do something or not? Usual coin price are plummeting. And is this an overreaction?
Dave Naga
Done, USUAL hit 0.5$
Godralho
Next rate cut from FED is expected on Oct
Gunner funk
๐งฒ 0.2$
Usual
JhoVendetta
didnโt expect such drop, it doesnโt look right tbh
Lemoussu
That's litterally a US Bond
BingChilling
no ned to trust usd0++ it will go 1:1 end of maturity lol
NovatioLegis
So this is the moment we close our eyes and embrace death?
yns94
Yeah its not going up again the trust in usd0++ is dead
MorningPhoenix
dont say that pls
fab1440
01/10/2025 at 08:49:52 ESTMax pain binance delisting
Gunner funk
It's the death spiral we all been talking about
skipper
01/10/2025 at 08:48:24 ESTgood question
Meris
I don't get how this decline is even possible with almost 40% usual staked
yns94
I swear thats crazy
NovatioLegis
Nope
MorningPhoenix
Am I the only one with 5 min between each messages I can send ? Wtf
Investus
Hmm why dropping so much today?
Zugor
Happy 2025 guys!!
Lucky Boy
Im going to sellim buying a little
Tenzing
Yea project is cooked
JaharakaL
Hello darkness my old friend
cesarpc1
0.2 SOON
Zugor
Dropping rate is crazy ๐ญ
MorningPhoenix
rip me too
Alyelgayar
๐ซ
oki
why ser
yns94
Wtf 0.59๐คฃ๐คฃ๐คฃ๐คฃ
famousfxck
Rip everything lmfao, rip my life
NovatioLegis
Will we be able to breathe at least once?
MorningPhoenix
wow this downfall is crazy what's happening lol
Kaz
the decline is crazy๐๐๐
Lucky Boy
Feds might increase rates or not cut rates which affect the price woah woah almost .5
Meris
Rip Lambo
ravished
@Mava (AI Support) how correlated are the fed funds rate to the revenues from USYC?
Lucky Boy
Atleast on or after feb
fab1440
01/10/2025 at 08:25:23 ESTyou can see it on rabby wallet they swapped usdc to USD0 not USDo++
KENOBI
when price would stop
CryptoMDz
That mean beravault not included ?
BingChilling
No risk as long as you connect to real 2nd market
fredchan17999
Just curious if any risk when swap on secondary market, bro? ๐ค
Godralho
Any thoughts on USD0++?
LavaLittleBird - Chasing
01/10/2025 at 08:04:42 ESTThe price is seem scary for me
Gunner funk
๐งฒ 0.6$
famousfxck
10% stake fee but swap on secondary market is better
famousfxck
Thereโs barely any real FUD going on. Twitter is always extra loud but doesnโt amount to anything really. If BTC goes down -10%, whole twitter and discord is screaming. But 99% holders of crypto donโt even care. Most of them are just living their regular life and check prices 1x a week. Iโve know friends who make more profit by just holding and doing nothing, than traders who spend 20h a day on a screen
ravished
how is this possible I thought redemption's are locked for 4 years?
famousfxck
TVL is doing alright, we also declined to this TVL last time and we bounce to 1.88B$ making a new ATH TVL
Investus
TVL decreasing ๐ฑ
Zugor
TVL and token price keep reducing man
Mowgli
it's all about stacking etc. but the question many people are asking is when it's going to go back up because at 0.66dolars it's all very red candles ๐
nein
yep
ravished
Revenue for usual stakers is locked though so that is a very good start
Deicide
I think many made that assumption. But it's dynamic. How else can it self regulate ?
LN123321
I though usd0++ price must be 1usd
kiratsunami
yes making the token more scarce less available on the market then more valuable how do you want it to go up in value if the nbr of tokens is high ...
famousfxck
Not really
fab1440
01/10/2025 at 06:46:39 ESTif it reach 0.3 thats mean 12% apy which is very bad death spiral in tvl
Dave Naga
can we hit 0.3$ per USUAL from this condition
famousfxck
True, letโs just let the team cook and build. So far USD0 is their best product and better than most stablecoins out there.
Magic Pan
If % of stakers going up, the averaged APY will go down.
Camel
The first part isn't that easy though. USD0 is very poorly integrated across DeFi as of today. Some serious bizdev and collabs across the who's who of Defi needs to begin. Create a Curve pool and boost it via Convex. Create a LLaMma lend market on crvlend. Become collateral on Aave. Move to Arbitrum, OP, Base. Lots of moves to be made. Hope the team is up for it because so far USD0 is not well integrated at all
fredchan17999
People with short-term in mind will get back to fomo and forget everything when the token price raise back
kiratsunami
the % of stakers is going up each day, and the inflation is going down soon its going to the moon
kiratsunami
good hope its stays down until I have money to buy some more
famousfxck
Speak for yourself
tony_defi
Need pump for revive project
famousfxck
The pump to 0.90$ will shock a lot of people
Deicide
Rinse, repeat.
hell0men
famousfxck
Buddy if you want to get rich and defeat Tether. We have to fight against wars like a warrior. Keep being positive, donโt ever let yourself get weak. First stablecoin that gives revenue back to their holders, HODL for dear life. Most people in crypto are short sighted. But we are planning to take over the stablecoin space in time. Good things take time. Look at all the OG projects, they were fudded to the ground but eventually they went up to the stars.
0xFLK
The problem is that DeFi investors aren't ready for Long term yield protocol yet and goes blindly into project without reading .. While the mechanism was clear in the doc, the communication will affect buyers confidence
SatoshiXXX
I stay with usual
Deicide
Investor confidence a fickle thing, especially crypto. EDIT: @0xFLK If we wait for them to be ready, nothing changes.
BingChilling
you never see TAO hack fud way worse. only people suffer is morpho loop
onizouka8502
this fud on usual is hard
famousfxck
Tbh they shouldโve waited until we pumped with BTC before announcing ๐ญ (Iโm kidding they canโt predict the market)
Jimny2024
Guys, do you have any idea about usecase of Usd0? Any hint about listing cex/dex?
Deicide
I mentioned my speculation on USUAL before. Correction to 0.9. Pump to 1.5 - 2. (Unclear) To the moon.
BingChilling
TAO going well even after hack incident
Crypto Patrick
Long term players in crypto and whales know what they are getting into.... . They even take insurances if by examples protocol hacks occur. I seen projects pump 20x after a hack which was publicly known and fudded about. So this only small storm ๐
maybach_btc
Whales gonna be salty with the fact that they have to give back the yield in order to return the principles in short term
BingChilling
the risk i'm willing to take
fredchan17999
Now they got paid for that, no more easy money in this project for short-term buyers
maybach_btc
If USD0 can integrate into DeFi like USDe and USDC, then the value of USUAL will be very bullish in the long term. In the worst-case scenario, the total TVL with 4% annually for 4 years with the total MC of USUAL. Your choice
BingChilling
it's is bullish long term. start from here people buying usd0++ is believe in longevity on project. not farmer with overleverage morpho and dumping usual and make usualx holder as exit liquidity
Usual
fredchan17999
Just ask you if you are strong enough to hold for some months or years? If yes, you will get your profits, dont be panic right now bro
JazzySt
Donโt be lost and ride the wave. This whole commotion will eventually benefit everyone if people are patient enough. The value of the token is going to start gradually increasing now
Lemoussu
I can't foresee future, and you should not listen to people saying they know ! I have my convictions on Usual. Study the protocol, read the whitepaper, understand how they create value - how you can create value with it - and the risks associated. And then make your assumption yourself
ananasbrb
is this correct @Noรฉ @Mr. Lin ?
Davinor
Sound about right, it's similiar like a 2 year bond, if you want out early, you also forfeit some of the earnings or even of the invested money. In a way you are violating the contract
ananasbrb
I think this is how the early redeption works. Eg you deposited 100k USD0++ earning an average of 27% apy. That would be 27,000 is yield for a year. But you need to forfeit 6 months of it, which is $13,500. So to convert $100k USD0++ into USDC, you would have to pay $13500 in USUAL
Lemoussu
Green doesn't mean high. Usual is between .65 and .68 like yesterday.
esco
Was just talking about the perception around USD0++ depeg 2 days ago. The name "USD0++" is confusing for people who don't understand how bond pricing works.
matthias6763
That's exactly the point. Plus the fact that rewards switch is activated much later
Lemoussu
Yeah but in the crowd of dummies there are actual people (like me) who read, follow protocols communications and use defi and generate yields with strategies that count on this health factor. (yet I also understand Noรฉ point of TVL frontrun, and that the situation should have been avoided with a 1:0.87 ratio since the beginning)
Davinor
It was clear from the beginning that USD0++ will be locked till maturity and leaving before that had a price, because it's designed for long term holders and not the pump and dump people. You have an advantage if you can read and do some research, but people this day are looking for the easy and quick money
OIESIS
User who has 17.6 USD0++ and 5.48 USUALx has a question for the devs
BingChilling
it doenst matter people just overestimate people too illiterate you need to spoon feed them in tweet
Lemoussu
Haha no worries i'm not starting a debate ๐ Besides I love the USUAL protocol, I'm a USUALx hodler and I firmly believe in its success. I was just surprised by the lack of communication on such a sensitive matter in the defi ecosystem ( the health factor in lending part, not the early redemption ).
Virtus
This is actually the problem, yes
JazzySt
Ok gotcha. Iโll have to reply after the meeting. Iโm still in meetings lol
Lemoussu
That the yapping dumb dumb crowd unfortunately... But in the mass of people that are fudding because they should obviously not be investing in crypto, there is a part that I think is legit which is : you should announce a change in ratio from 1:1 to 1:0.87. A mechanism that is written in the WP is one thing, and I do agree that people should read the fuckin manual, but an overnight change in ratio is another thing, that have a direct repercussion on health factors in lending protocols. Giving a warning few days prior to the change of ratio would allow people to repay the loan in order to not be liquidated.
JazzySt
Yes but people are going overboard in general saying it is illegal and a scam etcโฆ dude it was right there and if they had implemented from day one the same fudd would have occurred. Like they left it free at first they have the right to implement as soon as they find it needed within the parameters of Q1. They did announce it. I donโt understand why people are taking it as a malicious move. If I was running an office and told staff of something expected to happen in a few days whether I do it tomorrow or in a week, they were told! This is adult world not school aged kids to be spoon fed every time something that was already planned for is to be implemented. @Noรฉ please next time announce a minute before for everyone to pull up their panties ๐คฃ
Lemoussu
The problem is the overnight thing without proper communication. I do agree that it was written and people who are crying on the early unstake "fee" should just read the WP, and personaly I know the mechanism. Yet the change in USD0++ value, the 13% decrease, liquidated a lot of people using USD0++ as a collateral. I know people who lost money because of that. A warning would have prevented this.
basedscarf
There is a dune dashboard. Yesterday 38% was staked
Usual
fab1440
01/10/2025 at 03:27:57 ESTthankfully the admin of beravault didnt swapped my usdc to USDo++
JazzySt
Oh people are panicking and upset because they implemented the USD0++ unstaking now ๐คฆ๐ผโโ๏ธ didnโt we say that it should be implemented in Q1 when until yesterday it was a free unstake with no token loss. I donโt understand the crying and fudding. Everyone who asked before and after tge we were straightforward and said that FOR NOW thereโs no unstaking fee and no loss of tokens but during Q1 it will be implemented. It is in the white paper and documentation. ๐คท๐ผโโ๏ธ it is not sudden change or something surprising new. They could have implemented it from tge
gonefishing
01/10/2025 at 03:18:14 ESTWhat % is staked now. I just buy some usual and donโt know what to do with it
basedscarf
Afaik only users who stake their usual before 50% of usual is staked would receive the dividend for february. Users who stake after 50% of usual is already staked will receive the dividend monthly starting march. Is this correct @Mava (AI Support) ?
maybach_btc
As mentioned, there must be a mechanism to reduce selling pressure. However, this very mechanism is also a double-edged sword for the development of TVL. Previously, whales holding USD0++ could sell USUAL daily with attractive APR. Now, they face the situation where if they want to recover the USD0 principal, they have to pay back the yields obtained from USUAL. This reduces selling pressure and returns to the true nature of the USD0++ bond. This mechanism is very good for the project in the long term. However, the development now depends on whether USD0 will be widely used in DeFi in the near future.
Aszmho
Just check usd0++ on coingecko for exalple. Started depegging 8hrs ago and cant come back
CongQ
so basically "because it was never meant to be pegged"
Klinta
Thatโs a lot of words
PECK (๐ซ๐งข)
is this where all the sensible people hang out?
Deicide
Anyway. Market is self correcting. Later peeps.
Deicide
# ๐ฃใannouncements
JVSNOVA
which announcement
CongQ
the frciking fuds u guys deal with everyday lmfao
jko
usd0++ pegged again
phanes
can you address the situation or explain like I am 5? I need to understand what is happening
Dave Naga
Whale see this condition and sell their USUAL and USD0 then move from usual, we see the impact not a mechanism
SatoshiXXX
My god, usd0++ is not supposed to be 1:1, it was very clear from the start
maybach_btc
On the annoucement bro
JazzySt
Hahahaha see it works as long as your message is still visible @maybach_btc itโs sis maam not bro lol and soz I didnโt see announcement yet @Deicide itโs even better to tag the person so they can see your message when you reply at edit but not too many you will be silenced
badgroot1601
@Dave Nagamaybe
Deicide
Thanks for the life hack Jazzy. Now I can harrass other discord servers.
Dave Naga
Can we hit 0.4$ with this depeg condition?
JazzySt
Gm gm โ๏ธ why is slow chat set at 5 mins! ๐๐ lol I canโt massive type 30 msgs in a row. You know what that does to a woman?? ๐คฃ Where are people getting news that USD0++ depeg? Haha I have a hack just edit message to add more to it ๐คฃ So whereโs the depeg news from
ananasbrb
you think noe is completely unaware of all this fud right now? haha hes gonna wake up to shitstorm
JazzySt
https://tenor.com/view/funny-cute-lol-comedy-laugh-gif-8793436732169395011
Mr. Lin
im just a cat
Mr. Lin
i didn't onboard any whales?
Gunner funk
Are the Chinese whale you onborded pissed off right now?
Deicide
Why are people looting the stores and burning tires? Stable coin value?
famousfxck
France is still sleeping bro
ananasbrb
Where is Noe?
famousfxck
Yeah but then we declined 280M$ in TVL since a couple days
Mr. Lin
til now
fredchan17999
Mr Lin is on general channel bro
Zugor
Mr.Lin already there
eatprayield
shouldn't team show up on general at this situation, not only reacting by emoji?
Zugor
Where is satoshi when we need him ๐
Gunner funk
To attract tvl initially
Gunner funk
Yes. They did that on purpose
Lucky Boy
Yeah what im saying is this kind of thing should be communicated not in chat not in twitter but in a video of somekind you know just like a normal company
Magic Pan
Many people don't know the diff between primary market and second market. Usual team's previous effort to maintain 1:1 peg between USD0 and USD0++ gives users a wrong impression that it will always be that situation.
Magic Pan
How the USD0/USD0++ is redeemed? With this depeg, can we assume a big TVL dump today?
Lucky Boy
There a lot of crypto podcast there for q a that would be good
Sometimes make good open communication you know lile press con because chat is very hard to explain things
jko
lolololo
Lucky Boy
If they make good communication explain everything to layman then it will be ok
JVSNOVA
yeah lol, probably they thought it was self explanatory - mistake indeed
Lucky Boy
I mean not a fud but team dont have good marketing and pr people really
Maybe because people need assurance and good communication from team
JVSNOVA
first we had the social farming tool money beggers fud, now this
JVSNOVA
same as always, people fudding on panic bc they dont understand the product
Lucky Boy
They gotta keep theyre asses down
Dafuq happening guys
CongQ
its like people fudding themselves and talking themselves into the shtter
JVSNOVA
yeah, im quite done. i will just leave and let these fudders get f*ckd, even if they send the token to 0.2 like they did with $ENA, matter of time to recover
famousfxck
Weโve added so much unnecessary FUD now on top off already existing FUD ffs
Lucky Boy
What do you mean
CongQ
๐คฃ
you cant add in a speculative factor as a 'fact'
Lucky Boy
@Mava (AI Support) can you explain the law of diminishing returns
Lucky Boy
Its called "law of diminishing returns"
Gunner funk
It's not that hard to figure out
CongQ
'lol' what? dafaq is your logic
Gunner funk
You will lose $10 by price depreciation and earn $1 from revenue lol
Lucky Boy
The best way to dump is where it hurts around 1 ahhaha
Its 11pm
Im here
CongQ
hallelujah
u think im gonna leave right before getting revenue share?
Zugor
Fr?
CongQ
๐คฃ
leaving
Gunner funk
Where is everyone?
KENOBI
sorry guys wanna go sleep, next day will join the discussion hope to see green candles in the morning
don't know about the mica. also found in 2023 was collapse in silicone walley bank where they store most part of assets usdc lost 8% from it's price. but they fortified after all
Lucky Boy
Im not particular but they are mica compliant right?
KENOBI
i just googled so usdc is a coin which group of companies create when they have similar fiat assets in some appropriate banks they mint usdc via smart contracts
Lucky Boy
And yes usdc
Lucky Boy
One example is this usual they have tbills as collateral. Good example dubai OM mantra
MasDanang
usdc?
KENOBI
didn't know it, have examples in Europe?
Lucky Boy
Tell him banks are already starting to tokenize assets.
KENOBI
the strongest argument from his side is: bank system won't let it happen if it starts stealing profits from banks
Lucky Boy
Tell him he is allowed to self custody that he can erase whole app everything and just by memorizing words he can move money to anywhere in the world by just storing it in his brain
KENOBI
hell yeah, absolute freedom
Lucky Boy
Tell him this place is full of degens its fuking paradise no hedges no risk managment nothing bahahaha
KENOBI
yea, but i love the phrase DYOR and his research made this conclusion. seems to me like influence of fiat system propaganda.
Lucky Boy
Because money is moving away from there so they want to hold as much.
KENOBI
in Ukraine we have more than 20 in national currency now, but inflation is high also
Lucky Boy
The highest you could ever get in a bank is 5% tell him it makes no sense as you cant move money fast enough
KENOBI
i did, but he believe that binance wouldn't exist in 10 years and all the assets would vanish, so he stays with euro fiat and get 2% apr and 4% inflation ๐คฃ
Lucky Boy
Crypto will become mainstream soon and be part of s&p
Market is full of degens plenty of borrowing
He knows if he understand liquidity
awson
I think usual will grow more as a protocol during bear run when people will put there stables for not so big apr
Lucky Boy
Its possible! just tell him that theres not enought liquidity and theres plenty of borrowing theres too much demand. Tell him that let him study then he will know
I will buy more at .5
lil m
how are you guys playing this change?
well i just got bend over with my usd0++ but i just doubled my usual bag at 0.69 cents. Tvl will go in the short term , but tvl has been basically secured for the next 4 years. this also means with this market cap xusual will do pretty well regarding revenue. Hope i dont buy to early again. lets see what happens
KENOBI
ty for giving info, i just reproduced gossips found here, sorry for that
it doesn't requires some processes that may be hard for not experienced users
KENOBI
i mean just on binance the "earn" deposits, now rates around 10. but was 30 not far ago
kiratsunami
its 4.37% APR not 10%
KENOBI
sounds unrealistic for the passive income, but i'm in just interested how it would be ๐ believe or not i told my friend, old businessman from Germany, that he can stake stablecoins and get around 10 apr, he said thats impossible))
kiratsunami
153usd
kiratsunami
I think it will start in the 1feb and we will get the revenue once a month and the first time in march i did my calculation and for someone with 3500 UsualX this is how much i will get
KENOBI
i read the documentation, but imho there are a lot of loud statements, but little facts. so this revenue swich will make half of income in stable coins?
kiratsunami
they are burning any usd0++
KENOBI
but why they are burning usd0++ now and why it makes coin bearish, i think it must work opposite
kiratsunami
usd0 (or usd0++) when % of stakers is more than 50% or starting in 1 Feb
kiratsunami
we will get revenue switch
KENOBI
now i receive usuals from staking, it is possible to get something else?
kiratsunami
you are aware of the revenu switch will be paid in usd0 right
kiratsunami
what you will need it for
KENOBI
i will sell part above 1.2 coz need some tethers, it is funny that this project is against them
kiratsunami
imagine the looper ...
kiratsunami
I'm also new bro I was studying Morpho AAVE happy i didn't buy usd0++ ^^
ravished
you guys think you are in it for the long hall, im in at $1.45, beat that!
SatoshiXXX
Where is gunner @Gunner funk
SatoshiXXX
Count me in
KENOBI
yea 2 days ago found out how to do it, i'm new to crypto
kiratsunami
are you staking and farming ?
KENOBI
my entry was 0.4 and 0.83 (30%)
kiratsunami
we are here for the long term baby I bought at 0.33 1.44 0.9 and I will buy more & more & more
kiratsunami
we are saved
๐
so it's bullish for Usual
kiratsunami
now the feature is live
Zugor
Yeh, TVL dropping is concerning?
Lucky Boy
At .5 is like a good number coz 1k is 2k coins its like double. 1 is to 2
kiratsunami
after that its all good to redemp they have to pay fees I will collect which is good
kiratsunami
let's just hope the TVL don't crush before they implement the new feature ...
Lucky Boy
Good stay like that
kiratsunami
I'm very calm bro
Usual
Lucky Boy
Bro to be successful in this business you need to learn how to relax. Let me ask you a question do you jerk off?
You guys have to relax
Whats this discussion hahah
CongQ
theres no emotion involved, im neither salty nor attacking you
like i said, its your money, your responsibility.
good for you
kiratsunami
I read the WP several time ๐
kiratsunami
you are behind a screen
CongQ
kiratsunami
calm down mate
and being extermly salty
what is fascinating is that you are making assumptions
CongQ
no one is attacking
kiratsunami
so nothing to be fascinated about
CongQ
dude you're attacking yourself by not doing research and aping into investing
kiratsunami
I don't have usd0++ ...
CongQ
i just find it absouloutly fascinating
kiratsunami
what a joke
instead of attacking people and being salty try to give constructive arguments
kiratsunami
lol stop going crazy, calm down
kiratsunami
yep
yecine4686
So if I understand They announced today that usd0++ is not pegged ?
CongQ
not understanding that fundamental and aping into investing is beyond me
kiratsunami
I understand this point, but what I don't get is the "utility" of the coin ?
CongQ
the first info i got when i started to invest in usual couple months ago was "USD0++ is not designed to be pegged with USD or USD0"
CongQ
USD0++ was never meant to be pegged
CongQ
thats the part of no understanding in the project itself
yecine4686
Can someone explain to me why usd0++ depegged after todayโs announcement ?
CongQ
cus the get 'USUAL as USD0++ reward high return' model inevitable will create a inverse relationship between TVL and token price
kiratsunami
what is the utility of the token ? the dividend is for Feburary mate
kiratsunami
the price of the token on the market is weakly coorelated with the TVL since the % of people staking is low but in the future the price of the token will be strongly tied with the TVL only because its the start that the TVL wont have a very strong effect on the price of the token
CongQ
now USUAL has utility and 'dividend' accesiability
kiratsunami
its the only way to attract TVL for now since the USD0 is not used in any CEX or DEX
CongQ
bearish for TVL yes, i agree
high return based on speculative token emission was never meant to be a sustainable way to attract TVL
kiratsunami
thus in the short term its bearrish
and with it the price of usual in the market
CongQ
youd have to understand the whole project, its a piece of the puzzle, not the whole puzzle
kiratsunami
it's clear that the activation of this feature will drive the TVL down
kiratsunami
no need to explain the whole project, just this point
CongQ
i'd rather not explain the whole project's design again and again, i have no obligation to do that, DYOR, its your money
kiratsunami
ad hominem
kiratsunami
you can elaborate rather than being condescending
CongQ
you will understand once its in full effect
CongQ
yeah i dont blame u
yecine4686
?
Can you explain What is burn usd++
kiratsunami
tbh I don't think so ...
CongQ
its hella bullish
kiratsunami
they announced the begning of the burn mechanism for USD0++ that's why people are selling their USD0++
cue
lol
Lucky Boy
Somebody from the hare team moved to the tortoise team
cue
200M less in 2 days (?)
1.64 tvl
wtf is happening
kiratsunami
do you know when ? Q1 ? Q2 ? price in ETH are hilarious
Dmitriy Stepanov
So how many USUAL tokens will I have to burn to get say 10 USD0++ unstaked to 10 USD0, please?
CongQ
me neither, but loaded up some more anyway, market is the market
Lucky Boy
I dont trust this price
i honestly think the price may go down some more
i can already smell the headlines on Square when asian market wakes up
CongQ
๐คฃ
Lucky Boy
I prefer the rats in your city ๐คฃ
CongQ
either The Bronx or Bahamas
see you on the other side
Lucky Boy
whats with this people in general lol
famousfxck
TVL could also go down from arbitrary
Lucky Boy
More emission?
famousfxck
Buying and redeeming
Lucky Boy
Means more emission?
famousfxck
True
0xjmslnr
or USD0 whales buying more $usual ๐
Lucky Boy
Of tvl goes down what is the impact?
famousfxck
Why does every announcement confuse people
People confused by this announcement lmao
TVL going down fast
CongQ
priority matters
famousfxck
Yeah eventually Usual will be available everywhere
0xjmslnr
in the roadmap Arbitrum is planned already ๐, so not "too much" effort to go after Base then
famousfxck
Then expand to other chains imo
First building on ETH and optimize max opportunities
Bad ROI right now
famousfxck
It would literally cost them more
0xjmslnr
that's called "marketing" sir
kiratsunami
ETH is lame ...
kiratsunami
fewer fees ...
famousfxck
Lets dominate ETH first
Whole DeFi on Base is only 3.5B$
famousfxck
Not worth it
0xjmslnr
No plan to be deployed on Base for now, and try to go after USDC big boys ๐?
The Southerner
Welcome to my small channel, you easily find it.
JohnCarraway
So it will work as a burn mechanism for usualx๐ค
wolf-fighter
the telegram group is ridiculous. first they simply close it because people said things they didnt like (the bulshit reason because of scam obviously wasnt the real reason as if you avoid it with that ) now since people simply reacted to their posts they removed the reactions they didnt like so you cant thumbs down their bulshit
RiskyBusiness
good !
0xjmslnr
"The Early Unstaking feature, which allows for the redemption of USD0++ for USD0 at a 1:1 ratio by burning USUAL tokens, will be available in the Dapp early next week." ๐ฅ
MorningPhoenix
I knew someone would get me lol
๐คฃ๐คฃ๐คฃ
Lucky Boy
Pride always parading in mainstreet. Flags all over
MorningPhoenix
Or usual dapp
icarioth
Where I can check stake % ?
MorningPhoenix
Price
What do you think about the pride right now ? Been resisting 0.66 for quite a while now
0xjmslnr
yeah + treasury now as well (I mean it will require a vote, but that seems obvious to use that money to build as well)
Noรฉ
well treasury is rev
icarioth
Not the rev but treasury
0xjmslnr
yep, correct
RiskyBusiness
10% is fair
RiskyBusiness
sometimes they have 80% of tokens bro !
Noรฉ
check latest announcement about the rev switch
0xjmslnr
of couse, that's always the case - VCs don't do charity ๐
RiskyBusiness
ok it's fair.
icarioth
When protocol $ will be unlocked for usual community ?
Noรฉ
Team and investors represent 10% of the supply (maximum)
RiskyBusiness
and so all these big figures had tokens or how could these people benefit from the growth of the project?
Noรฉ
those are public figures
Noรฉ
We raised around $15M total iirc
RiskyBusiness
big team ๐ . How is the project financed?
Noรฉ
always recruiting on the tech side btw
tech team is the biggest part
Noรฉ
We're around 30 total iirc
0xjmslnr
How big is the dev team by the way any info on that to share? (front, backend, smart contract, tokenomics, etc)
0xjmslnr
wen ETF USUAL @Mava (AI Support) ๐
0xjmslnr
what would be the requirements to not have to geo block US citizens (for Usual app)?
Lucky Boy
My ideal buy price is .1 because 1k bucks is 10k coins
0xjmslnr
better to focus on USD0 TVL, rather than USUAL price sir
0xjmslnr
ahah, exactly
Lucky Boy
So what now? Price will be lower or like this for another 6 months hahah
basedscarf
Have u looked at usual intern pfp lol
0xjmslnr
not really racist, typical of "oui, oui, baguette" comments from foreigners, nothing more
kiratsunami
how is this racist
kiratsunami
I just checked, not really enough volume
kiratsunami
very bullish ....
Some people take screenshots from here and go to square and say (when I spread negativity and accuse the token of being scam) they kick me and block me XD
The Southerner
Me blocked,why I can't block you
ELKA2ED
That's because you didn't put source to your words (Trust me bro)
Lucky Boy
Bahaha
A9
fr usual be mining magma in the core of earth and once they see a small increase they get crazy
ELKA2ED
Problem is when hopes are high the backlash is higher
CongQ
its MA, mooning analysis
basedscarf
Is this astrology or TA?
Lucky Boy
Its for entertainment fugazi
0xjmslnr
that's exactly what I said yesterday and I took a 24h ban from you ๐ you probably misunderstood my message, probably tired ๐
CongQ
its not even funny
i stg some of the ppl in square are actually REDACTED, not even in a sacrastic way
ELKA2ED
Don't forget to brag that you got blocked
Lucky Boy
Its how they play it.
The Southerner
I will post it in my square profile right now
ELKA2ED
I am bursting out of laugh
flyingfish
that's because they never ate good bread in their lives it's jealousy
ELKA2ED
Indeed!
Lucky Boy
There was a sudden increase that turned on hahaha
CongQ
to the moon
Noรฉ
I swear
Noรฉ
wtf
A9
"I told you guys, RSI was oversold"
RPP
for the moment to the neighbor above
RiskyBusiness
Fat fingerman
ELKA2ED
To pluto bro trust me bro
basedscarf
$USUAL whoever didn't buy on time, good bye everyone. Rocket emojo rocket emoji
CongQ
no financial advice
KENOBI
half people on square still ensured that Usual is a stablecoin
basedscarf
Sry finger slipped
basedscarf
U making me download tiktok?
CongQ
no financial advice tho
KENOBI
Jajajaja square is a binance gossips platform. none of experts were spotted there))))
CongQ
would recommened
CongQ
yeah very legit, i sent my private key and got 200k usual already
unknown l
always respected square
i never said anything against them
RPP
Bos ?
CongQ
Square and Tiktok Crypto channels is the fricking GOAT when it comes to entertainment
A9
a lot of bullish posts
unknown l
looks legit
ELKA2ED
Idk if this hype they create has positive impact however I feel like they impact it negatively
BingChilling
Alwayss lol
KENOBI
exactly and precisely!
CongQ
man can dream
A9
bought some at 69 yay finally positive
CongQ
now starting wave 1
i hope its the end of c wave
gyatt dayum
A9
๐
0.66 to 0.69
CongQ
dic pump?
WAT PUMP
kiratsunami
emmmm so an LST of DAI ... nice
kiratsunami
I have been reading about restaking and that Usual to go tap in this market, I get that ETH0 is related to ETH but what is the dUSD0
flyingfish
would be fun ๐ I heard that's a pretty rare item
basedscarf
Try to get the real one
CongQ
oh yeah, hella
Usual
CongQ
go ask for help in general
Lucky Boy
Driving in ice is fun
flyingfish
i want my fake Noรฉ request
Lucky Boy
It went -32 2 weeks ago
CongQ
make NFTs
i was from southern part of China where the coldest it could drop in the winter was only like +10C, now i gotta live with this -11C BS
CongQ
dang, how u alive
decentralizedUSD0++ integratedUSD0++ and what
Lucky Boy
Its minus -23 here
basedscarf
๐ถ
basedscarf
Think dai, Ethena, ..
Lucky Boy
Hahaha
CongQ
Canada doesn't exist, its a propaganda by China
Noรฉ
just some bullish stuff
Lucky Boy
51st state haha