Supplement: 1. (2024-11-15 10:26) Corrected the return rate of using bnb mining.
Let's simply calculate the expected return on this #Launchpool #新币挖矿 participation using $FDUSD and $BNB .
FDUSD current circulation:
2.362 billion (11-15 01:05)
The BNB users have in the “BNB Revenue Pool” and “BNB Regular Products” will automatically participate in this Launchpool.
Users’ staked Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in the Binance Web3 MPC Wallet also support this Launchpool.
Brief introduction: USUAL is a decentralized fiat stablecoin (USD0) issuer.
USD0 is a stablecoin fully backed by short-term, liquid and risk-free assets, and is composable, permissionless and transparent in the DeFi ecosystem. The collateral strictly adheres to the 1:1 USD value (overcollateralization to prevent insolvency when the collateral price drops, and the risk strategy states that there is sufficient funds to cover the stablecoin holders when the collateral assets are insufficient). At the same time, the collateral can include some RWA assets, such as US Treasury bonds, etc., just to introduce this project belongs to the defi track as well as the rwa track.
The early unlocking of tokens mainly involves: airdrops and community incentives (which may be staking rewards among token uses).
For other information, please read Binance’s research report and the project’s official documents.
$USUAL token usage:
Governance Control: Providing token holders with the power to manage the protocol and influence key financial decisions.
Deflationary Issuance: USUAL issuance is pegged to the TVL of staked USD0 (USD0++), creating scarcity when new TVL enters the system.
Revenue-based model: USUAL issuance is aligned with future cash flows. Inflation of USUAL supply is lower than the growth of revenue and treasury.
Staking Rewards: By staking USUAL, holders activate governance rights and receive 10% of newly issued USUAL, incentivizing long-term behavior.
Gauge mechanism: guides and optimizes liquidity allocation within the protocol.
Collateral Management: Governance determines the types of collateral behind USD0 and their respective weights, ensuring stability and flexibility.
Treasury Management: Governance and mechanisms will enable USUAL holders to efficiently manage the treasury and maximize the compounding effect.
b*tg*t pre-market price is about $ 0.299 (the transaction price in the past 24 hours is about $ 218,500, 11-15 01:20)
(I may have overestimated it, as there should still be a gap between pre-market trading liquidity and normal listed tokens.) Finally, assuming that the listing price is about $0.25, the circulating market value is about $123 million, the total market value is about $1 billion, and the market value of some launchpool tokens is about $75 million.
(Please note: This mining will last for 4 days! From 08:00 on November 15, 2024 to 07:59 on November 19, 2024, Beijing time)
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FDUSD pool daily output: 11,250,000 (11.25 million) USUAL
Number of tokens deposited into the FDUSD pool: 1.9 billion.
Deposit 1000 FDUSD, you can get: (1000 / 1,900,000,000) * 11,250,000 = 5.921 USUAL per day
The expected daily return per 1000 FDUSD is: 5.921 * 0.25 = 1.48 $
The expected annualized rate of return of the FDUSD prize pool is: (1.48 / 1000) * 365 = 54.02%
The expected return on capital of the FDUSD pool is: (1.48 * 4) / 1000 = 0.592%
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BNB pool daily output: 63,750,000 (approximately 63.75 million) USUAL
Number of tokens deposited into the BNB pool: 18.5 million.
Deposit 1 BNB, and you will receive: (1 / 18,500,000) * 63,750,000 = 3.446 USUAL per day
Estimated daily income per 1 BNB is: 3.446 * 0.25 = 0.861 $
BNB is calculated based on a reference price of $630
The expected annualized rate of return of the BNB reward pool is: (0.861 / 630) * 365 = 49.88%
The expected return on capital of the BNB prize pool is: (0.861 * 4) / 630 = 0.546 %
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Pre-market trading opening time: 2024-11-19 18:00 (Beijing time), please note that the App version must be greater than or equal to 2.89.0
Pre-market trading individual holding limit: 40,000 USUAL
Trading opening hours: TBA
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Calculate the interest costs incurred during the pledge process and the asset impairment caused by exchange rate fluctuations that may occur after or even before the end of the activity
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Total supply: 4,000,000,000 USUAL (4 billion). Initial circulation: 12.37% (494,600,000, approximately 490 million). The Binance Launchpool prize pool accounts for 7.5% of the initial supply (300,000,000, 300 million).
Reference data sources for this article
Tutorial on how to participate in Launchpool
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The data is for reference only, please refer to the actual data!
