{"id":17699,"date":"2024-11-15T04:59:48","date_gmt":"2024-11-15T04:59:48","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2024\/11\/15\/usual-usual-on-binance-launchpool-and-pre-market\/"},"modified":"2024-11-15T04:59:48","modified_gmt":"2024-11-15T04:59:48","slug":"usual-usual-on-binance-launchpool-and-pre-market","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2024\/11\/15\/usual-usual-on-binance-launchpool-and-pre-market\/","title":{"rendered":"Usual (USUAL) on Binance Launchpool and Pre-Market"},"content":{"rendered":"

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Binance just announced its <\/span>61st project<\/span><\/i> on the Binance Launchpool: <\/span>Usual (USUAL)<\/b>. This project is an exciting addition because it introduces a new type of decentralized fiat stablecoin issuer, offering unique benefits in the crypto space.\u00a0<\/span><\/p>\n

Binance is giving its users a chance to earn USUAL tokens simply by locking up certain assets and farming them over a four-day period.\u00a0<\/span><\/p>\n

If you\u2019re looking to get in on a new token early, here\u2019s everything you need to know about Usual, its farming process, pre-market trading, and other important details.<\/span><\/p>\n

About USUAL<\/b><\/h2>\n

Usual<\/span><\/a> is a new type of decentralized stablecoin issuer, which means it offers a stable currency tied to fiat money, like the dollar, but it\u2019s not controlled by a single company. Instead, Usual redistributes ownership and governance to everyone holding its token, $USUAL.<\/span><\/p>\n

Usual doesn\u2019t just hold fiat money for stability; it uses Real-World Assets (RWAs), like investments from huge companies such as <\/span>BlackRock, Ondo, and Mountain Protocol<\/span><\/i>. These assets are transformed into a stablecoin called <\/span>USD0<\/span><\/a>, which is verifiable on the blockchain and doesn\u2019t require permission from a single authority to use.<\/span><\/p>\n

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Why Usual<\/b><\/h3>\n

USUAL is about redistributing power and wealth to the people who actually support the platform. With popular stablecoins like <\/span>Tether (USDT) and Circle (USDC),<\/span><\/i> the companies behind them made over $10 billion in revenue in 2023, and their total valuation is more than $200 billion! But the users who contribute to their success don\u2019t get any share of that money.<\/span><\/p>\n

USUAL, on the other hand, allows users to share in the value and success created. This is especially meaningful because it addresses a major issue in decentralized finance (DeFi): while there are billions in assets like <\/span>US Treasury Bills<\/span><\/i> available on-chain, not many DeFi users hold RWAs.<\/span><\/p>\n

For early users who are willing to take risks, USUAL\u2019s model rewards them, giving them a fair share of the success they help create.<\/span><\/p>\n

Binance USUAL Pre-Market Trading<\/b><\/h2>\n

\"Binance<\/p>\n

Binance is offering a special <\/span>pre-market trading event for USUAL<\/span><\/a>. Starting on<\/span> 2024-11-19 at 10:00 (UTC)<\/b>, users will be able to trade USUAL in the pre-market with the trading pair USUAL\/USDT.\u00a0<\/span><\/p>\n

However, there\u2019s a maximum holding limit of 40,000 USUAL per user. This pre-market event allows early access to USUAL tokens before they\u2019re officially listed for regular trading on the Binance spot market.<\/span><\/p>\n

USUAL Launchpool Details<\/b><\/h3>\n

The Binance Launchpool will start farming for USUAL tokens on<\/span> 2024-11-15 at 00:00 (UTC).<\/span><\/i> Here\u2019s how it works:\u00a0<\/span><\/p>\n

Binance users can lock their BNB or FDUSD in designated pools to start earning USUAL tokens as rewards. The Launchpool will distribute an initial circulating supply of<\/span> 300,000,000 USUAL<\/b> as rewards over 4 days, which makes up 7.5% of the total token supply.\u00a0<\/span><\/p>\n

For those interested, here\u2019s a breakdown of the reward allocation:<\/span><\/p>\n