$USUAL Good news, hold on until February 1st
Usual is a stablecoin protocol that announced the "Revenue Switch" mechanism on social platforms. The details are as follows:
Mechanism activation conditions
If more than 50% of USUAL tokens are staked as USUALx, this mechanism will be activated; if this condition is not met by February 1, 2025, the mechanism will also be automatically activated.
Income distribution rules
After the mechanism is activated, the protocol will take out a maximum of US$5 million in revenue each month, which will be distributed to USUALx stakers in the form of USD0. However, only users who have been staking USUALx throughout the month can get rewards. If the staked tokens are transferred out in the middle of this month, there is no way to get the income for that month.
Current income situation
At present, the Usual protocol has generated more than US$20 million in revenue that has not yet been distributed.
Impact on the price of the coin
- Positive impact: This mechanism may attract more users to participate in staking, because they can obtain additional income distribution, which will reduce the circulation of USUAL in the market. According to the supply and demand relationship, it may drive up the price of USUAL. Moreover, this mechanism conveys to the market the confidence of the project party in its own development and profitability, as well as the attitude of feedback to users, which may attract more investors to pay attention and participate, thereby increasing the demand for USUAL coins and promoting the price of the coin to rise.
- Negative impact: If a large number of users purchase USUAL in order to participate in staking, it may lead to a significant increase in the demand for USUAL in the market in the short term, and the price will rise rapidly. However, when the staking users gradually unlock and sell, it may cause a certain amount of selling pressure on the coin price, causing the price to fall. In addition, if the income of the agreement is not as expected, or there are problems in the distribution process, it may affect the confidence of investors, which will have a negative impact on the price of the coin.
Usual is a stablecoin protocol that announced the "Revenue Switch" mechanism on social platforms. The details are as follows:
Mechanism activation conditions
If more than 50% of USUAL tokens are staked as USUALx, this mechanism will be activated; if this condition is not met by February 1, 2025, the mechanism will also be automatically activated.
Income distribution rules
After the mechanism is activated, the protocol will take out a maximum of US$5 million in revenue each month, which will be distributed to USUALx stakers in the form of USD0. However, only users who have been staking USUALx throughout the month can get rewards. If the staked tokens are transferred out in the middle of this month, there is no way to get the income for that month.
Current income situation
At present, the Usual protocol has generated more than US$20 million in revenue that has not yet been distributed.
Impact on the price of the coin
- Positive impact: This mechanism may attract more users to participate in staking, because they can obtain additional income distribution, which will reduce the circulation of USUAL in the market. According to the supply and demand relationship, it may drive up the price of USUAL. Moreover, this mechanism conveys to the market the confidence of the project party in its own development and profitability, as well as the attitude of feedback to users, which may attract more investors to pay attention and participate, thereby increasing the demand for USUAL coins and promoting the price of the coin to rise.
- Negative impact: If a large number of users purchase USUAL in order to participate in staking, it may lead to a significant increase in the demand for USUAL in the market in the short term, and the price will rise rapidly. However, when the staking users gradually unlock and sell, it may cause a certain amount of selling pressure on the coin price, causing the price to fall. In addition, if the income of the agreement is not as expected, or there are problems in the distribution process, it may affect the confidence of investors, which will have a negative impact on the price of the coin.