The crypto space has a new addition as Usual token ($USUAL) launches on Binance through its 61st Launchpool project. Notably, Usual is a decentralized fiat stablecoin issuer and it integrates real-world assets (RWAs) into the blockchain, aiming to redefine the future of decentralized finance (DeFi). Here’s everything you need to know about this exciting project and its debut on the crypto exchange giant.
What is Usual Token ($USUAL)?
Usual Token serves as the backbone of a decentralized ecosystem, offering a stablecoin called USD0, backed by tokenized RWAs such as investments from BlackRock and Ondo Finance. Accordingly, these assets are transparently managed on-chain, ensuring trust and accessibility for users.
Moreover, the platform also emphasizes decentralization by enabling the community to control stablecoin issuance and governance. Meanwhile, its multi-chain compatibility provides seamless integration with diverse blockchain networks, ensuring scalability and ease of use.
USUAL Binance Launchpool Details
According to Binance’s official announcement, users can farm USUAL tokens by staking BNB or FDUSD in separate pools, with 300 million tokens (7.5% of total supply) available as rewards.
Farming began on November 15, 2024, and will run until November 18, 2024, with trading starting the following day.
Pool Distribution:
BNB Pool: 255 million tokens (85% of the total reward allocation).
FDUSD Pool: 45 million tokens (15% of the total reward allocation).
Rewards are distributed daily, with the BNB pool yielding 63.75 million USUAL tokens and the FDUSD pool offering 11.25 million.
How to Farm Usual on Binance
To start farming USUAL, follow these steps:
1. Log in to your Binance account and navigate to the Launchpool page.
2. Stake eligible tokens (BNB or FDUSD) in their respective pools.
3. Earn daily rewards, which are automatically credited to your Binance wallet.
When Does Trading Begin?
After the Launchpool farming period ends, Usual Token will debut on Binance Pre-Market with a USUAL/USDT trading pair at 10:00 UTC on November 19, 2024.
Notedly, the pre-market initiative offers users early access to new tokens before they are widely listed on the main exchange. This ensures that early participants can benefit from potentially favorable trading opportunities.
$USUAL Token Perks
Decentralized Governance: USUAL prioritizes community involvement in decision-making, ensuring that no central authority controls the stablecoin ecosystem.
Real-World Integration: By tokenizing tangible assets, Usual bridges traditional finance and blockchain, making stablecoins more reliable and grounded.
Transparency: All tokenized assets are fully verifiable on-chain, fostering user trust.
Multi-Chain Support: Usual operates seamlessly across blockchain ecosystems, ensuring interoperability and accessibility.
In Conclusion
Significantly, Usual Token’s Binance Launchpool debut marks a significant step in decentralized finance. By combining the transparency of blockchain with the reliability of real-world asset backing, USUAL is poised to make waves in the crypto space.
For more details about the project or to participate in farming, visit the official Binance announcement.
