• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Usual Protocol Implements Key Changes for Stability

user avatar

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Unveils Alpenglow and Firedancer Upgrades

chest

Solana Labs has announced the introduction of the Alpenglow and Firedancer upgrades, aimed at significantly enhancing the speed and efficiency of its blockchain.

user avatarBayarjavkhlan Ganbaatar

Ethereum Struggles to Regain Bullish Momentum Amid Market Apathy

chest

Ethereum struggles to regain bullish momentum amid market apathy.

user avatarMohamed Farouk

First Brands Faces Legal Challenges as Former Director Invokes Fifth Amendment

chest

First Brands faces legal challenges as a former finance director plans to invoke the Fifth Amendment during deposition amid a federal criminal investigation into the company's financial practices.

user avatarElias Mukuru

Nardello & Co Engaged to Unravel First Brands' Financial Mismanagement

chest

Creditors of First Brands have hired Nardello & Co to investigate the company's off-the-books financing practices that contributed to its bankruptcy.

user avatarDiego Alvarez

Supreme Court to Hear Arguments on Trump's Tariff Policies

chest

The US Supreme Court will hear arguments regarding the legality of tariffs imposed by President Trump on November 3, 2025.

user avatarKenji Takahashi

Analysts Warn of Potential Downtrend in 2026

chest

Analyst known as CryptoCon shared a telling chart, cautioning investors expecting a bullish trend to prepare for disappointment. He advised that the market is currently overheated, and investors should brace for a potential downtrend in 2026.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.