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