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Usual Overview
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About Usual
The USUAL governance asset serves three primary purposes:
Governance: - USUAL holders can participate in the decision-making process of the protocol. - This includes proposing and voting on key decisions, such as: - Adjustments to yield rates and incentive mechanisms. - The introduction of new real-world assets as collateral. - Deployment of protocol upgrades or new features.
Value Redistribution: - USUAL is integral to the protocol's value-sharing model, redistributing a portion of the revenues generated from stablecoin-related activities (e.g., yield on US Treasury-backed assets). - Contributors to the protocol, such as liquidity providers, are rewarded in a manner that aligns with the protocol's growth.
Ecosystem Alignment: - By holding USUAL, participants align their interests with the long-term success of the protocol. - USUAL incentivises active participation in governance and supports the decentralisation of decision-making.
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Usual Market Data
The live Usual price today is $0.01 USD with a 24-hour trading volume of $1,968,098.99 USD. We update our USUAL to USD price in real-time. Usual is down 1.02% in the last 24 hours.
The current market cap is $21,484,170.37 USD, ranking #488 by market capitalization. The circulating supply is 1,726,802,365 USUAL.