One article is the latest LaunchPool project, Guinchpool project, USUAL (USUAL)

Source: Bitchain Vision, Binance, USUAL White Paper, USUAL official website, Twitter finishing: Bit chain vision world

On November 14, 2024, Binance issued an announcement saying that the 61st project of Launchpool, Binance, was launched-USUAL (USUAL), a decentralized fiat currency stable coin issuer.The user can08:00 on November 15, 2024 (Time in the East Eight District)Later, BNB and FDUSD were put in the Launchpool website into the usual reward pool to get the usual, USUAL activity time4 daysEssenceThe website is expected to be updated before the event will be updated within about 24 hours.

Pre -trading transaction

Before the Binance trading, it will be listed on November 19, 2024 at 18:00 (East Eight District Time) USUAL (USUAL)And open the USual/USDT trading market.The end of the transaction before the market and the spot listing time will be announced later.The qualification to participate in the trading before the coin depends on the country or region where the user lives.Personal maximum positioning limit: 40,000 usual

1. Launchpool details

Token name: usual (usual)
Total tokens: 4,000,000,000 USUAL
Initial circulation: 494,600,000 usual (12.37% of the total supply of tokens)
Total Launchpool: 300,000,000 usual (7.5% of the maximum supply of tokens)
Smart contract details: Ethereum Network (0x430A2712cefaac8cb66E9CB29FF267CFCFA38A42))

Introduction to the USUAL (usual) project

1. What isusual?

USUAL is a safe and decentralized legal stable currency issuer, which re -assign ownership and governance rights through the $ usual token.

USUAL is a multi -chain infrastructure. It aggregates from BlackRock, ONDO, Mountain Protocol, M0 or HashNote and other enthusiasts.Stable currency((USD0CureEssence
It is usually established around the reorganization of power and ownership to users and third parties. TVL providers similar to Tether owns companies and their related income.

2. Why chooseUsual?

USUAL is based on three key observations:

Tether and Circle created more than $ 10 billion in revenue in 2023, with a valuation of more than $ 200 billion.The wealth created did not share with users who contributed to their success.
Real World Assets (RWAs) are growing, but although the US Treasury coupon has appeared on the chain, the integration of them with DEFI is still challenging.This can be seen from the fact that less than 5,000 people on the main network RWA holder can be seen.
DEFI users want to understand the success of their support projects.The current revenue distribution model cannot fully inspire users who have assumed greater risks through early joining and contributed to the project successfully.

Third, the wishes of usual

1. Rebuild Tether on-Chain: Neutral and transparent

Cryptocurrencies require a stable currency completely supported on the chain, and infrastructure support to ensure the enhancement of neutrality, transparency and security.

USUAL introduces a model designed to completely rebuild Tether on the chain.In this system, the issuer is controlled by the holder of the usual governance tokens.This includes decisions on risk policies, the nature of mortgage and liquidity incentives.

2. Legal stablecoin needs to be far away from bankruptcy

The stabilized coin supported by the fiat currency is guaranteed by the reserve held by commercial banks.This has caused them to be affected by some of these banks’ reserve practices, thereby damaging the safety and stability of stable currency.The recent closure of SVB Bank highlights the systemic risks of DEFI due to insufficient mortgage.

Due to the opening of part of the bank’s reserve, the stable currency supported by the legal currency is facing greater risk

The primary requirement of stable currency is to ensure that its value is stable relative to the currency it represents.Users must have a firm confidence in their capital security.The mortgage model provided by USUAL is not linked to the traditional banking system, but is directly linked to short -term bonds.The security provided by this prudent method is strengthened by strict risk policies and insurance funds.

3. End profit privatization

Tether and Circle created more than $ 10 billion in revenue in 2023, with a valuation of more than $ 200 billion.However, these wealth did not share users who contributed to their success.USUAL aims to provide a method of stabilizing currency support for fiat currency, privatize the profit of customer deposits, and at the same time loses socialization.The centralized participants behind the stable currency supported by the main fiat currency copied the structure of the traditional banking industry, which is contrary to the principle of decentralized finance.

The usual method is to create a more fair financial system by re -assigning value and power between all users.

The goal of USUAL is to make users the owner of agreement infrastructure, funds and governance.Through its re -distribution of 100% value and control, the USUAL ensures that its community has dominance.

The USUAL protocol distributes to tokens to users and third parties contributed, re -adjusted financial incentives and returned power to participants in the ecosystem.

USUAL re -assigned 100 % value and control through its governance tokens.

4. Thoroughly changing the ownership and income re -distribution of stable currency

Some models will re -assign part of the income generated by stable coins.However, the USUAL uses a different model, and users concentrate the income generated by the stable currency mortgage.This income constitutes the funds of the agreement.In return, users will obtain governance tokens, so as to control protocols, funds and future income.

This mechanism not only re -assigned income, but also re -assigned the ownership of the system.It provided incentives for early adopors and provided them with huge upward potential.

The transparency and public allocation of token ensure that the interests of all participants are consistent.

Fourth, USUAL tokens

According to Binance announcement, the total supply of usual (USUAL) tokens is 4 billion, and the initial circulation supply is 494,600,000 USUAL (12.37%of the total supply).The USUAL’s smart contract will be deployed on the Ethereum network.The total Raunchpool award is 300 million USUAL, accounting for 7.5%of the total amount of tokens.Among them, 85% of the rewards (255 billion USual) are allocated to the BNB pool, and 15% of the rewards (45 million USual) are allocated to the FDUSD pool.