What is Usual (USUAL)?

Deep Dive

1. Purpose & Value Proposition

Usual Protocol aims to create a more transparent and community-aligned stablecoin system. It addresses perceived issues with traditional stablecoins—such as centralized profit capture and opaque reserves—by backing its stablecoins with verifiable real-world assets (RWAs) and distributing the generated yield back to USUAL token holders and stakers (Bitrue).

2. Tokenomics & Governance

The USUAL token is central to protocol governance and value distribution. Holders can vote on key decisions, from collateral types to fee structures. Uniquely, the protocol commits a significant portion of its revenue (reportedly up to 70%) to buy back USUAL tokens, while another portion is paid weekly in USD0 to users who lock their tokens for set periods, incentivizing long-term alignment (Usual).

3. Ecosystem Fundamentals

Beyond the base stablecoins, Usual offers a suite of financial products. Users can deposit USD0 or EUR0 into "Savings" to earn yield through regulated markets, receiving tokens whose value accrues automatically. The platform also features actively managed "vaults" that execute strategies like market-neutral yield farming, providing users with diversified earning modes directly within the protocol's app.

Conclusion

Usual is fundamentally a community-governed DeFi platform that merges traditional finance reliability—through asset-backed stablecoins—with decentralized, programmable yield opportunities. How will its focus on transparent RWA collateral influence user trust compared to algorithmic or centralized stablecoin models?