Binance is thrilled to introduce the 61st project on Binance Launchpool – Usual (USUAL), a decentralized issuer of Fiat-backed Stablecoins.

What is Usual?
Usual is a decentralized stablecoin issuer backed by real-world assets (RWAs). It aims to redistribute ownership and value, providing its users with growth potential through the $USUAL token. The $USUAL token promotes the adoption of the USD0 stablecoin, aligning contributor incentives and driving the growth of the protocol. Usual’s unique distribution model, based on protocol revenue, opens up new opportunities in decentralized finance (DeFi).

Why Was Usual Created?
The Stablecoin Dilemma: Stablecoins like USDT and USDC generate substantial profits (over $6 billion in 2023), yet these profits are concentrated in the hands of a small group of shareholders. These companies operate similarly to centralized banks, privatizing profits while externalizing risks to users.
Flawed Tokenomics: Many tokens are speculative and benefit insiders, while users often experience token dilution and loss of value.
The Usual Solution: Usual was created to address these issues by redistributing 90% of ownership and generated value back to the community, transforming users from passive consumers into active stakeholders.

What Makes USUAL Different?
$USUAL is not just another governance token; it is designed to give true ownership of the protocol and its treasury, supported by 100% of the generated revenue. The issuance of $USUAL tokens is proportional to the total value locked (TVL) in USD0++, and the model is disinflationary. This means that as the protocol's revenue increases, fewer $USUAL tokens are issued, ensuring that early supporters’ interests are aligned with long-term growth and protecting them from dilution.

Pre-Market

Binance Pre-Market will then list USUAL at 2024-11-19 10:00 (UTC) and open pre-market trading for the USUAL/USDT trading pair. Pre-Market end time and spot listing time will be announced at a later date. Please stay tuned for our upcoming announcement. Participation in Binance Pre-Market is subject to eligibility based on the user's country or region of residence.

Maximum holding limit per user: 40,000 USUAL


USUAL Launchpool Details:

Token Name: Usual (USUAL)

Total and Max Token Supply: 4,000,000,000 USUAL

Launchpool Token Rewards: 300,000,000 USUAL (7.5% of total token supply)

Initial Circulating Supply When Listed on Binance: 494,600,000 USUAL (12.37%  of total token supply)

Smart Contract/ Network Details: Ethereum Network (0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E)

Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required

Hourly Hard Cap per User:

265,625 USUAL in BNB pool

46,875 USUAL in FDUSD pool

Supported Pools:

Lock BNB (webpage will be available in around 24 hours): 255,000,000 USUAL in rewards (85%)

Lock FDUSD (webpage will be available in around 24 hours): 45,000,000 USUAL in rewards (15%)

Farming Period: 2024-11-15 00:00 (UTC) to 2024-11-18 23:59 (UTC).

Let's start farming : https://launchpad.binance.com/en/launchpool/USUAL_FDUSD