USD0 Liquid Staking Token
Last updated
Last updated
USD0++ is a staked version of USD0 for 4 years, functioning as a LST with USD0 as a principal
Yield Distribution: USD0++ distributes yield in the form of coupons paid daily in $USUAL tokens. This yield is variable, depending on the $USUAL token price in the secondary market.
USUAL revolutionizes value distribution by redistributing protocol-generated value to holders of USD0 Liquid Staking (USD0++).
Liquidity and Composability: USD0++ maintains liquidity and composability within DeFi, similar to USD0.
Yield Access: Holding USD0++ unlocks access to yield mechanisms, allowing users to claim yield in $USUAL tokens.
Liquid on the Secondary Market: Unlike many permissioned assets, USD0++ is liquid on the secondary market. You can either mint it via USD0 or purchase it directly on the secondary market.
Permissionless and Composable: USD0++ is integrated with numerous DeFi protocols, making it composable with a wide range of products.
No Minimum Amount Required: USD0++ can be held without any minimum amount required.
Higher Yield through USUAL Tokens: The innovation of USD0++ lies in its ability to distribute ownership of the Usual protocol to users through $USUAL tokens. This governance token ensures that USD0++ holders share in the present and future revenues of the protocol, providing extra value to the yield distributed in this form.
To enhance the productivity of their USD0 stablecoin, holders can stake it into a liquid wrapped form called USD0++. This wrapped asset serves as a liquid representation of the original USD0, locked for a fixed maturity period of 4 years (additionally offering further liquidity and leverage through the ).
Locked USD0: USD0++ is a bond containing locked USD0 and can further be leveraged via the .