نشر
aliumutzabun
·
--
🔥Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving !
Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving world of decentralized finance (DeFi), Usual emerges as a pioneering solution to address the flaws inherent in the current stablecoin ecosystem. By blending innovation with decentralization, Usual offers a fresh approach to fiat-backed stablecoins, redistributing ownership, governance, and profits in a manner that is unprecedented in the space. Through the $USUAL token, the project enables users to take control of not only the stablecoin's governance but also its economic success, a model that stands in stark contrast to the centralized nature of existing major players like Tether and Circle.
The Problem with Traditional Stablecoins
#binancelaunchpool
The rise of stablecoins like Tether (USDT)** and USD Coin (USDC)** has been a game changer for DeFi, providing much-needed stability in the otherwise volatile cryptocurrency markets. However, these centralized stablecoins have generated billions of dollars in revenue without offering any tangible benefits to the users who contribute to their success. In fact, the entire model relies on the privatization of profits, where companies like Tether and Circle hold significant control over the infrastructure and the wealth generated, leaving users with little more than their deposits and no real governance or ownership rights.
Despite the huge profits made by these centralized issuers, the users, liquidity providers, and contributors have no claim to the wealth they help generate. This centralized wealth model echoes traditional finance, where banks profit from deposits but do not share those profits with their customers. The **Usual** protocol aims to correct this imbalance by redistributing the power, ownership, and profits to the users themselves, fostering a more equitable and decentralized financial system.
#usual $BTC
{spot}(BTCUSDT)
Usual’s Vision: Decentralization and Transparency
Usual's protocol is built around three key observations that serve as the foundation for its decentralized approach:
1. Tether and Circle's Revenue Model: In 2023, Tether and Circle collectively generated over $10 billion in revenue, with valuations exceeding $200 billion. Despite their massive success, none of this wealth is shared with the users who contribute to their growth and stability.
2. Integration of Real-World Assets (RWAs):While tokenized Real-World Assets (RWAs) like US Treasury Bills are growing in popularity, their integration into DeFi remains challenging. This is evident from the fact that fewer than 5,000 holders of RWAs exist on the Ethereum mainnet.
3. Desire for Exposure and Rewards:DeFi users want exposure to the success of projects they support, but the current yield distribution model fails to adequately reward early adopters and risk-takers.
By leveraging Real-World Assets (RWAs), Usual creates an on-chain, verifiable, and composable stablecoin, USD0, that aims to address these concerns. The system is designed to be fully transparent, with decision-making and governance transferred to the holders of the $USUAL governance token. This includes crucial areas like risk policies, collateral types, and liquidity strategies—allowing users to take an active role in shaping the future of the protocol.
A More Secure Stablecoin Model: Bankruptcy Remote and Independent from Traditional Banking
Another critical aspect of Usual’s innovation lies in its approach to collateralization. Traditional fiat-backed stablecoins are often collateralized by reserves held in commercial banks, exposing them to the systemic risks inherent in the banking sector. The collapse of Silicon Valley Bank (SVB) in 2023 highlighted the vulnerabilities of this system, where fractional reserve banking practices can lead to significant instability.
In stark contrast, Usual is built to be bankruptcy remote. Instead of relying on traditional bank reserves, Usual’s stablecoin, USD0, is collateralized by short-term bonds, offering enhanced security and stability. This approach is designed to be more robust, with a strict risk policy and an insurance fund further bolstering the security of users assets.
End of Privatized Profits: A More Equitable System
Usual's most revolutionary feature is its model for redistributing value. While other stablecoins like USDT and USDC have benefited from the deposits of users, Usual’s protocol ensures that the value generated from its collateral is directly shared with the users who help create it. By pooling the yield generated by its collateral, Usual's treasury grows, and this value is then distributed to users through the governance token, $USUAL.
The distribution of governance tokens grants users full control over the protocol's operations, treasury, and future revenues. This decentralized governance model ensures that the interests of the community are aligned, creating incentives for early adopters and long-term contributors who share in the upside potential of the platform’s growth.
This redistribution model is a stark contrast to the centralized approach of current stablecoin issuers, where profits are privatized, and risks are often socialized. Usual’s system aims to break this cycle, giving power back to the community and ensuring that users are rewarded for their participation and support.
A New Era of Stablecoin Ownership and Yield Redistribution
Usual is not just another stablecoin; it is a decentralized Fiat Stablecoin issuer that seeks to redistribute ownershipand governance through the $USUAL token. By transforming Real-World Assets (RWAs) such as commodities, real estate, and financial instruments into tokenized assets, Usual provides users with enhanced liquidity and exposure to a broader array of assets in the blockchain ecosystem.
In essence, Usual’s approach combines the best of decentralized governance with the security and stability of fiat-backed stablecoins, ensuring a fairer and more transparent financial system. Through its innovative yield redistribution model, users are empowered with ownership and control, offering a pathway to a more equitable and decentralized future for stablecoin issuance.
Where to Buy Usual USD
For those interested in acquiring USD0, Usual’s stablecoin, it is available for trade on decentralized exchanges such as Curve Finance (Ethereum), where the USD0/USDC trading pair has seen significant volume. Other popular platforms where USD0 can be traded include PancakeSwap V3(Ethereum) and Uniswap V3(Ethereum).
By offering users not just a stablecoin, but the opportunity to participate in the governance and success of the protocol, Usual is setting the stage for a new paradigm in decentralized finance. Through its innovative, user-centered model, Usual is redefining the future of stablecoins and DeFi, empowering a global community of users to take control of their financial destiny.
In the rapidly evolving world of decentralized finance (DeFi), Usual emerges as a pioneering solution to address the flaws inherent in the current stablecoin ecosystem. By blending innovation with decentralization, Usual offers a fresh approach to fiat-backed stablecoins, redistributing ownership, governance, and profits in a manner that is unprecedented in the space. Through the $USUAL token, the project enables users to take control of not only the stablecoin's governance but also its economic success, a model that stands in stark contrast to the centralized nature of existing major players like Tether and Circle.
The Problem with Traditional Stablecoins
#binancelaunchpool
The rise of stablecoins like Tether (USDT)** and USD Coin (USDC)** has been a game changer for DeFi, providing much-needed stability in the otherwise volatile cryptocurrency markets. However, these centralized stablecoins have generated billions of dollars in revenue without offering any tangible benefits to the users who contribute to their success. In fact, the entire model relies on the privatization of profits, where companies like Tether and Circle hold significant control over the infrastructure and the wealth generated, leaving users with little more than their deposits and no real governance or ownership rights.
Despite the huge profits made by these centralized issuers, the users, liquidity providers, and contributors have no claim to the wealth they help generate. This centralized wealth model echoes traditional finance, where banks profit from deposits but do not share those profits with their customers. The **Usual** protocol aims to correct this imbalance by redistributing the power, ownership, and profits to the users themselves, fostering a more equitable and decentralized financial system.
#usual $BTC
{spot}(BTCUSDT)
Usual’s Vision: Decentralization and Transparency
Usual's protocol is built around three key observations that serve as the foundation for its decentralized approach:
1. Tether and Circle's Revenue Model: In 2023, Tether and Circle collectively generated over $10 billion in revenue, with valuations exceeding $200 billion. Despite their massive success, none of this wealth is shared with the users who contribute to their growth and stability.
2. Integration of Real-World Assets (RWAs):While tokenized Real-World Assets (RWAs) like US Treasury Bills are growing in popularity, their integration into DeFi remains challenging. This is evident from the fact that fewer than 5,000 holders of RWAs exist on the Ethereum mainnet.
3. Desire for Exposure and Rewards:DeFi users want exposure to the success of projects they support, but the current yield distribution model fails to adequately reward early adopters and risk-takers.
By leveraging Real-World Assets (RWAs), Usual creates an on-chain, verifiable, and composable stablecoin, USD0, that aims to address these concerns. The system is designed to be fully transparent, with decision-making and governance transferred to the holders of the $USUAL governance token. This includes crucial areas like risk policies, collateral types, and liquidity strategies—allowing users to take an active role in shaping the future of the protocol.
A More Secure Stablecoin Model: Bankruptcy Remote and Independent from Traditional Banking
Another critical aspect of Usual’s innovation lies in its approach to collateralization. Traditional fiat-backed stablecoins are often collateralized by reserves held in commercial banks, exposing them to the systemic risks inherent in the banking sector. The collapse of Silicon Valley Bank (SVB) in 2023 highlighted the vulnerabilities of this system, where fractional reserve banking practices can lead to significant instability.
In stark contrast, Usual is built to be bankruptcy remote. Instead of relying on traditional bank reserves, Usual’s stablecoin, USD0, is collateralized by short-term bonds, offering enhanced security and stability. This approach is designed to be more robust, with a strict risk policy and an insurance fund further bolstering the security of users assets.
End of Privatized Profits: A More Equitable System
Usual's most revolutionary feature is its model for redistributing value. While other stablecoins like USDT and USDC have benefited from the deposits of users, Usual’s protocol ensures that the value generated from its collateral is directly shared with the users who help create it. By pooling the yield generated by its collateral, Usual's treasury grows, and this value is then distributed to users through the governance token, $USUAL.
The distribution of governance tokens grants users full control over the protocol's operations, treasury, and future revenues. This decentralized governance model ensures that the interests of the community are aligned, creating incentives for early adopters and long-term contributors who share in the upside potential of the platform’s growth.
This redistribution model is a stark contrast to the centralized approach of current stablecoin issuers, where profits are privatized, and risks are often socialized. Usual’s system aims to break this cycle, giving power back to the community and ensuring that users are rewarded for their participation and support.
A New Era of Stablecoin Ownership and Yield Redistribution
Usual is not just another stablecoin; it is a decentralized Fiat Stablecoin issuer that seeks to redistribute ownershipand governance through the $USUAL token. By transforming Real-World Assets (RWAs) such as commodities, real estate, and financial instruments into tokenized assets, Usual provides users with enhanced liquidity and exposure to a broader array of assets in the blockchain ecosystem.
In essence, Usual’s approach combines the best of decentralized governance with the security and stability of fiat-backed stablecoins, ensuring a fairer and more transparent financial system. Through its innovative yield redistribution model, users are empowered with ownership and control, offering a pathway to a more equitable and decentralized future for stablecoin issuance.
Where to Buy Usual USD
For those interested in acquiring USD0, Usual’s stablecoin, it is available for trade on decentralized exchanges such as Curve Finance (Ethereum), where the USD0/USDC trading pair has seen significant volume. Other popular platforms where USD0 can be traded include PancakeSwap V3(Ethereum) and Uniswap V3(Ethereum).
By offering users not just a stablecoin, but the opportunity to participate in the governance and success of the protocol, Usual is setting the stage for a new paradigm in decentralized finance. Through its innovative, user-centered model, Usual is redefining the future of stablecoins and DeFi, empowering a global community of users to take control of their financial destiny.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.