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Usual is a decentralized protocol that issues fiat-backed stablecoins, redistributing ownership and governance through its native token, $USUAL. The protocol aims to provide a secure and transparent financial ecosystem by fully backing its stablecoin, USD0, with short-term, liquid, and low-risk assets. This approach ensures stability and reliability within the decentralized finance (DeFi) space.
Fiat-Backed Stablecoin (USD0): USD0 is a stablecoin fully backed 1:1 by real-world assets, such as U.S. Treasury Bills, providing users with a stable and secure asset independent of traditional banking systems.
Decentralized Governance: $USUAL token holders have the power to manage the protocol and influence key financial decisions, ensuring that the platform evolves in line with the community's interests.
Value Redistribution: The protocol redistributes value to its users through the $USUAL token, aligning incentives for contributors and fueling protocol growth.
$USUAL is the native utility and governance token of the Usual protocol, serving multiple purposes:
Governance Participation: Token holders can oversee the protocol and influence significant financial decisions, promoting a community-driven approach to development. Staking Rewards: By staking $USUAL, holders activate governance rights and receive a portion of newly issued $USUAL, incentivizing long-term participation.
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