Usual Model
Last updated
Last updated
Usual is centered around three core products:
Usual Stablecoin: Designed for payments, trading counterparty, and collateral use.
Usual LST: A yield-generating product.
Usual Governance Token: Empowering holders with decision-making authority within the protocol.
User Flow: USDC is swapped against USD0 and can be staked to earn USD0++, allowing users to eventually earn ownership in the protocol’s token, $USUAL, which is used for governance.
Infrastructure Layer: A Multi-Collateral Aggregator gathers liquidity and invests in on-chain T-bills from the users’ USDC, with 100% of the revenue going to the protocol’s treasury, which is managed by $USUAL holders.
Distribution Model: $USUAL is issued in a deflationary manner, with 90% of protocol revenue supporting operations, stakers, and liquidity providers, while 10% is distributed to $USUAL* holders.