Usual Protocol Implements Key Changes for Stability

by Giorgi Kostiuk

a year ago

Usual Protocol has introduced changes to its mechanism to boost trust and increase sustainability.

USD0 Peg Issues

Recently, the USD0 stablecoin lost its peg to the US dollar, causing concerns among Usual Protocol's users.

1:1 Early Payout Option

Starting next week, Usual Protocol will offer a 1:1 early payout option. This feature allows users to forfeit a portion of their accumulated rewards and use their assets at a 1:1 ratio. The maximum payback period is six months, addressing liquidity concerns.

Weekly Revenue Distribution

The protocol has decided to activate its revenue distribution mechanism earlier than planned. Starting Monday, Usual will distribute revenues to USUALx holders weekly, in USD0. Monthly revenues are expected to be around $5 million, corresponding to an APR of over 50% in current conditions.

To address concerns and ensure the sustainability of the protocol, the activation of the revenue switch will be brought forward. Starting Monday, Usual will begin distributing revenues to USUALx holders in USD0 on a weekly basis, with monthly revenues anticipated to be approximately $5 million.

These changes are aimed at enhancing trust in the Usual Protocol and supporting its future sustainability.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Climate Change Impacts Automotive Insurance Rates

Insurers are adjusting rates due to increased claims from extreme weather events, influenced by climate change.

Filippo Romano8 minutes ago

US Automotive Insurance Sector Faces Transition

The US automotive insurance market is stabilizing after hyperinflation, with average premiums rising at a slower rate. The average annual cost for full coverage car insurance reached about $2,638 in 2025, a 12% increase from 2024, with a projected 4% increase in 2026.

Rajesh Kumar8 minutes ago

Technological Complexity Drives Insurance Premiums Higher

The increasing technological complexity of vehicles is leading to higher insurance premiums due to more severe claims.

Jesper Sørensen8 minutes ago

Young Investors Triple Cryptocurrency Investments, According to Coinbase Study

A Coinbase study reveals that young investors, especially Generation Z and millennials, have tripled their cryptocurrency investments, now allocating 25% of their portfolios to cryptocurrencies and NFTs.