Dear Valued Customers,
Coinsavi is thrilled to announce an exciting new project coming to our Spot trading platform. Usual (USUAL) will officially be listed on Coinsavi!
Schedule:
Deposits: 12:00 on December 18, 2024 (UTC)( Support Network: ETH-ERC20)
Trading: 12:00 on December 18, 2024 (UTC)
Withdrawals: 11:00 on December 19, 2024 (UTC)
Trading Pair: USUAL/USDT
What is Usual ?
Usual is a decentralized Fiat Stablecoin issuer that redistributes ownership and governance through the $USUAL token.
USUAL is Usual’s native utility and governance token, which is used in the following functions:
Governance control: Provides token holders with the power to manage the protocol and influence key financial decisions.
Disinflationary issuance: Issuance of USUAL is tied to the TVL of staked USD0 (USD0++), creating scarcity as new TVL enters the system.
Revenue based model: USUAL issuance is aligned with future cash flows. The inflation rate of USUAL supply remains 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: Directs and optimizes liquidity distribution within the protocol.
Collateral management: Governance determines the collateral types and their respective weighting behind USD0, ensuring stability and flexibility.
Treasury management: Governance and mechanics will enable USUAL holders to manage the treasury efficiently and maximize the compounding effect.
Learn more about the project:
Website: https://usual.money/
X (Twitter): https://x.com/usualmoney
Token Contract: ETH-ERC20
Risk Warning:
Investing in cryptocurrency is akin to venture capital investing. The cryptocurrency market operates 24/7 worldwide with no opening or closing hours. Please look at the risks carefully when deciding to invest in cryptocurrencies and blockchain technology. Coinsavi makes every effort to vet tokens before listing them, but investment risks remain even with the most thorough due diligence. Coinsavi is not responsible for any gains or losses incurred during your investment.
Sincerely,
The Coinsavi Team