Distribution Model
Last updated
Last updated
The majority of $USUAL tokens are distributed to users who actively contribute to the protocol’s growth and value creation. The model is designed to protect the community from any dilution caused by the team or investors, ensuring that incentives remain aligned with those who drive the protocol’s success.
The DAO sets allocation percentages to various buckets that serve as distribution points for USUAL. These buckets are as follows:
Buckets refer to the destination of USUAL from the USUAL distribution. These buckets represent different modules or reserves used for various purposes within the USUAL ecosystem. Different categories of buckets serve distinct purposes:
Product Buckets: Allocations for LSTs (USD0++) and Liquidity Provision Incentives (e.g., USD0/USDC) are rewards distributed to users who either hold LSTs or are currently deposited into an accepted liquidity pool (LP).
Immutable Rights: USUALx and USUAL* each have an immutable right to 10% of all USUAL distributed.
Incentive or DAO Reserves:These buckets are designated for external incentives and ecosystem improvements.
The Market Makers bucket distributes USUAL to market makers to aid in price discovery of the token.
The DAO bucket, allocated to the DAO treasury, can be invested or used for incentives based on governance decisions.
The Bribing bucket funds external liquidity incentives.
The Ecosystem bucket provides incentives for acquiring partnerships with protocols that can integrate with Usual, thereby enhancing the Usual ecosystem.
The DAO retains the ability to modify these allocations through governance, with the exception of USUAL* and USUALx.
Bucket | Allocation (%) |
---|---|
USUALx
10.00
USUAL*
10.00
MarketMakers
2.00
DAO
9.38
Ecosystem
8.62
USD0++
45.00
USD0/USD0++
10.50
USD0/USDC
2.50
USUAL/USD0
2.00
Total
100.00