Binance has announced the launch of Usual (USUAL), a unique decentralized fiat stablecoin issuer, as the latest project on its Launchpool. Starting November 15, 2024, you’ll be able to participate in this four-day event, farming USUAL tokens by staking Binance’s native BNB token or FDUSD.
On top of that, Binance will open pre-market trading for USUAL on November 19, giving you an exclusive opportunity to trade before the token’s official spot listing. This dual offering of Launchpool and pre-market trading creates a strong entry point for investors interested in stablecoins with governance and staking incentives.
Key Takeaways:
- Start farming USUAL tokens on Binance by staking BNB or FDUSD for 4 days, starting from Nov 15.
- Earn rewards daily and prepare for exclusive pre-market trading on Nov 19.
- Secure a low-risk entry into a decentralized, community-driven stablecoin project.
How to Participate in the USUAL Launchpool
You can start farming USUAL tokens on November 15, 2024, at 00:00 UTC by locking either BNB or FDUSD. The Launchpool event begins just hours after this news article is published, and ends when the countdown below expires:
Binance has allocated 300 million USUAL tokens (7.5% of the total supply) for Launchpool rewards. Here’s what you need to know about getting started:
- Supported Pools: Lock BNB or FDUSD to participate in the USUAL airdrops.
- BNB Pool: Allocated 255 million USUAL tokens (85% of rewards) with a maximum hourly cap of 265,625 USUAL per user.
- FDUSD Pool: Allocated 45 million USUAL tokens (15% of rewards) with a maximum hourly cap of 46,875 USUAL per user.
- Farming Period: Runs from November 15 at 00:00 UTC to November 18 at 23:59 UTC, providing a four-day window to farm USUAL tokens.
In this farming period, participants in the BNB and FDUSD pools will receive daily rewards, with 75 million USUAL tokens distributed per day across both pools.
Exclusive Pre-Market Trading Opportunity
Following the Launchpool event, Binance will list USUAL for pre-market trading on November 19, 2024, at 10:00 UTC. This early-access period lets you trade USUAL/USDT before its official listing, offering a unique advantage. Be aware that the maximum holding limit per user is 40,000 USUAL during this pre-market period. Binance will announce the end time for pre-market trading and the subsequent spot listing date, so keep an eye out for updates.
What Is Binance Pre-Market?
Binance Pre-Market allows you to acquire tokens before the official spot listing. This opportunity is exclusive and comes with the security of Binance’s platform, offering early movers a head start in trading and accumulating new tokens. For eligibility, ensure that pre-market trading is available in your country or region.
What Is Usual (USUAL) and Why It Matters
Usual (USUAL) is a decentralized stablecoin issuer with a focus on distributing ownership and governance to its community. Unlike other stablecoins, USUAL is designed with a deflationary issuance model, making it an attractive option for those looking for a sustainable and community-driven stablecoin. As the governance token of the Usual ecosystem, USUAL offers you the power to participate in key decisions around protocol management, collateral allocation, and revenue distribution.
The core of the Usual protocol lies in its three tokens:
- USD0: A stablecoin backed by highly liquid, low-risk assets, ensuring transparency and security.
- USD0++: A staking token that rewards users with USUAL tokens for their holdings in USD0.
- USUAL: A governance token representing protocol ownership and providing holders with control over the system’s financial decisions.
By staking and engaging with these assets, you’re not only part of a community-driven project but also gain access to rewards and governance rights within the Usual ecosystem.
USUAL Token Metrics and Rewards Breakdown
The total supply of USUAL is capped at 4 billion tokens, with 494.6 million (roughly 12.37% of the total supply) initially circulating upon listing. The token distribution is designed to prioritize community incentives and long-term stability:
- Launchpool Allocation: 300 million USUAL (7.5% of total supply)
- Initial Airdrop: 8.5%
- DAO & Ecosystem: 7.5%
- Investors & Advisors: 5.68%
- Team: 4.32%
- Liquidity: 2%
- Community Incentives: 64.5%
With USUAL, participants not only gain a new stablecoin but also access governance controls, revenue-based rewards, and a secure staking model designed to drive long-term value.
Why You Should Join the USUAL Launchpool
The Launchpool and pre-market trading period provide you with a low-risk way to acquire USUAL tokens and join a community-focused stablecoin project. By staking your BNB or FDUSD, you gain daily rewards and contribute to a project that promotes decentralized financial management. The governance model empowers holders, and USUAL’s disinflationary issuance aligns with real cash flows, promising stability for long-term investors.
Whether you’re interested in the potential for stable returns, community-driven governance, or the benefits of decentralized finance, USUAL offers a unique addition to your crypto portfolio. Best of all it may not require any investment to obtain $USUAL tokens, as long as you already hold some BNB or FDUSD in your Binance account.
Get Started with Usual (USUAL) Today
Don’t miss the chance to be part of this Launchpool event on Binance! Lock your BNB or FDUSD starting November 15 to earn daily rewards, and prepare for pre-market trading on November 19 for a head start on trading USUAL. Visit Binance to learn more, and make sure you’re ready to take advantage of this exclusive opportunity to grow your assets with USUAL!
