USUAL Airdrop: A Complete Guide on How to Get Pills
2024-11-18
Bittime - USUAL Airdrop: a complete guide on how to get pills. USUAL is a decentralized finance (DeFi) protocol that aims to connect real-world assets (RWAs) with the blockchain ecosystem.
This article was heavily based on Coingecko article.
What is USUAL and Pills?
The USUAL protocol creates new opportunities to increase the liquidity of assets such as real estate, commodities, and traditional financial instruments.
USUAL introduced the USD0 stablecoin, which is an aggregation of US Treasury bond tokens from institutions such as BlackRock, Ondo, Mountain Protocol, and others.
To support the governance launch of their token, USUAL launched the Pills program, a pre-launch points system that allows users to earn USUAL tokens during the airdrop.
The program is designed to incentivize users who contribute to liquidity or engage with partner protocols.
Also read Big News: $CHAMP Token Listing SuperChamp Airdrop Tomorrow, November 20th!
Why is USUAL Important in the Crypto World?
The integration of real-world assets into DeFi is still a big challenge even though these assets are constantly evolving.
USUAL aims to bridge this gap by creating an RWA-based stablecoin that is fairer than other fiat-backed stablecoins.
USUAL's unique approach, such as full decentralization through governance tokens, allows users to:
1. Decide the risk policy.
2. Determine liquidity incentive strategies.
3. Control the entire protocol infrastructure collectively.
Also read What is XION Airdrop: BELIEVE IN SOMETHING
How to Get Pills for USUAL Airdrop
1. Connect Your Wallet
The first step is to connect your crypto wallet to the USUAL platform. Visit USUAL Money and enter the invitation code that you can get through the official USUAL community on platforms such as:
After entering the code, connect your wallet, such as MetaMask, and follow the official USUAL account to continue the process.
2. Issue and Hold USD0++
Once logged in, you can start earning Pills by:
Buying USD0 or USD0++ through the USUAL platform.
Providing liquidity for USD0 on Curve.
Minting USD0++ through the platform.
For example, if you deposit $200 in USDT, you will receive the equivalent of USD0.
By converting USD0 into USD0++, you instantly get 1 Pill per USD and 3 Pills per USD every day as long as you hold USD0++.
3. Interact with Partner Protocols (Optional)
You can also increase your Pills earnings by participating in activities on partner protocols listed on the Drugstore panel of the USUAL dashboard. For example:
Each interaction with a partner protocol can provide 1-3 Pills per USD daily.
Some protocols even offer additional bonuses to boost your rewards.
Notes: This activity is optional as it requires additional capital.
4. Refer a Friend
USUAL's referral program allows you to earn additional bonuses by sharing your referral code. Details:
Earn 10% Pills from all direct referral activity.
Earn 1% from the friend activity of the first referral and 0.5% from the second referral.
Share your referral code through social media or crypto communities to maximize the opportunity.
Benefits of Joining the Pills Program
USUAL Airdrop Preparation: The pills you collect will determine your USUAL token allocation.
Fair Value Distribution: This protocol offers an alternative to fiat-based stablecoins that are often not fully backed by transparent reserves.
Long-term Investment Opportunity: Through its USD0 and USD0++ tokens, USUAL offers an innovative solution for integrating RWA into DeFi.
Also read Peaq Airdrop Listing Today
When is the USUAL Airdrop?
The Pills program will last until mid-November 2024. The USUAL token airdrop is scheduled for the fourth quarter of 2024, with 7.5% of the total token supply allocated to the community.
Conclusion
USUAL offers a new approach to real-world asset-based stablecoins that prioritizes decentralization and value distribution.
By joining the Pills program, you are not only preparing yourself for the airdrop but also becoming part of the growing DeFi ecosystem.
Important Notes: Always do in-depth research before investing assets or connecting your wallet to any protocols
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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
