What is USUAL Coin?

Bittime - USUAL is a decentralized stablecoin issuer that provides token holders with the opportunity to participate in the governance and ownership of the protocol. Through the $USUAL token, this protocol combines innovation in the DeFi world by giving users more control and creating a profitable system for all parties.

Main Function of $USUAL Token

The $USUAL token has several important functions that make it an invaluable tool in the protocol. One of them is providing management rights to token holders, allowing them to influence important decisions in the financial and operational aspects of the protocol. With this, $USUAL is not just a utility token, but also a tool to actively participate in decisions that affect the ecosystem.

Additionally, the $USUAL token issuance system is disinflationally regulated, meaning that the supply of this token is directly tied to the Total Value Locked (TVL) amount of USD0 staked. This creates token scarcity as TVL increases in the system, maintaining the value and stability of the $USUAL token.

$USUAL token emissions are also aligned with the revenue the protocol generates. Thus, inflation of the token supply remains controlled, lower than the growth of income and reserve funds, ultimately creating a sustainable system in the long term.

Staking and Long Term Incentives

One of the interesting features of $USUAL is the incentives for token holders who stake. By staking, you not only gain voting rights in governance, but also earn 10% of the issuance of new $USUAL tokens. This provides an incentive for token holders to engage in the long term and supports the development of the ecosystem.

Staking these tokens not only provides rewards, but also plays a role in maintaining the stability and distribution of liquidity in the protocol. By using a gauge mechanism, liquidity can be distributed optimally, ensuring efficient fund flow throughout the system.

Collateral and Cash Management

The USUAL protocol also provides a mechanism that allows token holders to play a role in collateral and cash management. In this case, governance determines the type of collateral used to back the USD0 stablecoin as well as the weight of each such collateral. This is important to maintain system stability and flexibility in dealing with market changes.

Apart from that, this protocol also provides a treasury management system that allows reserve funds to be managed efficiently. With this, token holders can help optimize the compounding effect which in turn improves the protocol's financial performance.

Also read: Tomarket Daily Combo 20 November 2024, Choose These 3 Items!

Grand Combat Daily Combo 20 Nov

USUAL Protocol Structure

This protocol is built on three main tokens that interact with each other to create a stable and profitable ecosystem. First, there is USD0, a stablecoin that is completely backed by short-term, liquid and risk-free assets. This USD0 is not exposed to bank or third party risk, and can be used freely throughout the DeFi ecosystem.

Second, there is USD0++, which is a liquid staking token of USD0. This token provides rewards in the form of $USUAL tokens, which encourage holders to participate in staking and strengthen the ecosystem.

Lastly, $USUAL serves as a tribute to the growth and adoption of USD0 in the ecosystem. Additionally, the token serves as a means of ownership of the protocol's revenues, making it a governance token backed by real cash flow from the system.

Conclusion

With a carefully designed structure and attractive incentives, USUAL offers a profitable system for token holders and users across the DeFi ecosystem. 

The $USUAL token not only provides access to protocol governance, but also provides direct benefits from the growth of a transparent and stable financial system. With this innovative approach, USUAL has the potential to become one of the important players in the world of stablecoins and DeFi in the future.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.