1. What is Usual? USUAL is a secure and decentralized legal stablecoin issuer that redistributes ownership and governance through $USUAL tokens. Usual is a multi-chain infrastructure that aggregates the growing supply of tokenized real-world assets (RWA) from entities such as BlackRock, Ondo, Mountain Protocol, M0 or Hashnote, turning them into permissionless, on-chain verifiable, composable stablecoins ( USD0 ). Often built around redistributing power and ownership to users and third parties, similar to the scenario where Tether's TVL providers own the company and its associated revenue.
Why Usual? USUAL is about redistributing power and wealth to the people who actually support the platform. With popular stablecoins like Tether (USDT) and Circle (USDC), 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’t get any share of that money. 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 US Treasury Bills available on-chain, not many DeFi users hold RWAs. For early users who are willing to take risks, USUAL’s model rewards them, giving them a fair share of the success they help create. Usual's Vision 🔥Rebuilding Tether On-Chain: Neutrality and Transparency Cryptocurrency requires a fully on-chain fiat-backed stablecoin, supported by an infrastructure that ensures enhanced neutrality, transparency, and security. Usual introduces a model designed to rebuild Tether entirely on-chain. In this system, the issuer is controlled by the holders of the Usual governance token. This includes decisions on risk policy, the nature of collateral, and liquidity incentive strategies. 2. Fiat stablecoins need to stay away from bankruptcy Fiat-backed stablecoins are partially backed by reserves held by commercial banks. This makes them subject to the fractional reserve practices of these banks, which undermines the security and stability of stablecoins. The recent collapse of SVB Bank highlights the systemic risk that commercial banks pose to DeFi due to undercollateralization. The first requirement for stablecoins is to ensure that their value remains stable relative to the currency they represent. Users must have firm confidence in the security of their capital. The collateral model provided by Usual is not linked to the traditional banking system, but directly to short-term bonds. The security provided by this prudent approach is strengthened by strict risk policies and insurance funds. 🔥End the Privatization of Profits Tether and Circle generated over $10 billion in revenue in 2023 and are valued at over $200 billion. However, this wealth is not shared with the users who contribute to their success. Usual aims to provide an alternative to fiat-backed stablecoins that privatizes profits on customer deposits while socializing losses. The centralized players behind the major fiat-backed stablecoins replicate the problematic structures of traditional banking, which is contrary to the principles of decentralized finance. Usual's approach aims to create a more equitable financial system by redistributing value and power more equitably among all users. Usual's goal is to make users owners of protocol infrastructure, funding, and governance. By redistributing 100% of value and control through its governance token, Usual ensures its community is in control. The Usual protocol distributes its governance tokens to users and third parties who contribute value, realigning financial incentives and returning power to participants within the ecosystem.
🔥Revolutionizing Stablecoin Ownership and Revenue Redistribution Some models redistribute part of the revenue generated by stablecoins. However, Usual adopts a different model where users pool the revenue generated by stablecoin collateral. This revenue constitutes the protocol's funds. In return, users receive governance tokens that give them control over the protocol, funds, and future revenue. This mechanism not only redistributes revenue, it also redistributes ownership of the system. It provides incentives for early adopters and offers them huge upside potential. The transparent and public distribution of governance tokens ensures that the interests of all participants are aligned. $USUAL Token $USUAL token will be playing a major role in decision-making processes within the platform, for example enabling arbitrage for its tokenized Treasury Bill or other risk-management strategy improvements. Furthermore, it will be a main tool for rewarding $USD0++ holders with a yield generated from the same US Treasury Bill. USUAL Tokenomics Usual is community-driven, with 90% allocated for the community and 10% for insiders.
🔥Usual Labs pros in my personal opinion 🔥 👉Prospective concept & design; 👉Relatively low token inflation rate for the first 2 years after the TGE (~20%); 👉Presence of security audits from top-tier companies; 👉FDV is almost 10 times lower than its closest competitors in the niche of decentralized stablecoins, Ethena; 👉Low Initial MC ( only 12.37% of the FDV); 👉Good PR and Influencer Marketing performance; 👉Above the average Marketing Infrastructure, SEO, SMM, and Growth Marketing scores; 👉Diverse network of prominent funds and angel investors; 👉Wide network of partners, actively supporting and collaborating with the project; 👉Listing and IEO on Binance; 👉The protocol’s CEO has worked for the French Parliament. Usual Binance Launchpool Details The Binance Launchpool will start farming for USUAL tokens on 2024-11-15 at 00:00 (UTC). Here’s how it works: 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 300,000,000 USUAL as rewards over 4 days, which makes up 7.5% of the total token supply. For those interested, here’s a breakdown of the reward allocation: BNB Pool: This pool will have the majority of the rewards, with 255,000,000 USUAL (or 85% of the reward tokens). FDUSD Pool: This smaller pool will offer 45,000,000 USUAL (or 15% of the reward tokens). The farming period ends on 2024-11-18 at 23:59 (UTC), so it’s a short, fast opportunity to earn rewards. Conclusion All aspects of the crypto industry evolve continuously, with various protocols constantly innovating and implementing new ideas. This applies to stablecoins as well. Initially, there were fiat-backed stablecoins with custodial collateralization (like Tether, Circle, and others) because this was the simplest and most straightforward implementation. Then came crypto-backed stablecoins (like MakerDAO, Frax). After that, algorithmic stablecoins emerged, but they were not very stable. In late 2022 and early 2023, there was a boom in LST-backed CDP stablecoins, which quickly faded partly due to the disparity between promised yields and the actual yields, which were only slightly higher than ETH staking returns. During this time, LSDFi protocols began integrating omnichain token technologies like LayerZero and Wormhole. Now, more sophisticated and well-thought-out stablecoin protocols with complex mechanics are emerging. These are based on extensive research and model testing, unlike the earlier LST-backed ones. Among such projects in Dewhales' focus are Tapioca and Usual, each using different approaches and cross-chain technologies. Unlike Tapioca, Usual employs two technologies—Axelar and Wormhole. Usual also has much simpler tokenomics, positioning itself on the opposite end of the spectrum from Tapioca. Will the new generation of stablecoins secure their place and establish themselves in web3, or will they be a fleeting phenomenon like LSDFi? These protocols are being developed by professionals with meticulous approaches and an understanding of market consolidation, so the question is more about how much market share they will capture. Only time will tell. #USUALonLaunchpool&Pre-Market #USUALLAUNCHPOOL #usual
"Altcoin Mania Begins: Are You Ready for the Mega Bull Run?"
"What's Happening with Altcoins? What Can We Expect from the Mega Bull Season? Which New Promising and Reliable Projects Are On the Horizon? Stay tuned for the latest breaking news and updates on what's new and what's next in the crypto world!"
BNDR.ai: Revolutionizing Crypto Project Discovery with AI and Blockchain Technology
In the fast-changing world of cryptocurrency, finding new projects can often be a complicated and time-consuming task. However, BNDR.ai, a next-generation platform, is changing the way users discover projects by making the process easier, faster, and more personalized. By combining artificial intelligence (AI) with blockchain technology, BNDR.ai connects users with the most promising crypto projects, providing secure, transparent, and tailored recommendations.
Simplifying Crypto Project Discovery
BNDR.ai is designed to help users quickly find crypto projects that align with their preferences and investment goals. The platform uses advanced AI algorithms to analyze each user’s interests, objectives, and past interactions to provide accurate and meaningful recommendations. With real-time data updates, users always receive the most relevant and timely suggestions, saving them time and effort.
Mission and Vision: Making Project Discovery Accessible for All
BNDR.ai’s mission is to simplify project discovery for everyone, regardless of their experience level. With an easy swipe interface, even beginners can explore the crypto world and find projects suited to their needs. The platform eliminates the complexities that often hinder effective project discovery, empowering users to make informed investment decisions.
Looking forward, BNDR.ai aims to be more than just a project discovery tool. The company envisions creating a "superapp" that bridges Web2 and Web3, catering to both crypto enthusiasts and newcomers. The platform will become a one-stop solution for navigating the crypto ecosystem, fostering collaboration, meaningful connections, and confidence within the space.
Innovative Technologies and a Robust Roadmap
BNDR.ai combines cutting-edge AI and blockchain technology to ensure secure and transparent connections between users and projects. The platform’s development follows a three-phase roadmap:
- Phase 1 - Foundation: The release of the whitepaper, website and social media launch, the introduction of the $SWIPES token, and beta testing with early adopters. - Phase 2 - Growth: Enhancements to matchmaking features, integration of online and on-chain data, and building strategic partnerships. Feedback from the community will play a key role in refining the platform. - Phase 3 - Expansion: A full web app launch, integrations with social media platforms, custom APIs, and reward initiatives for community token holders.
A Promising Future Ahead With its AI-powered recommendations and blockchain-driven approach, BNDR.ai is poised to become a leader in the crypto space. By simplifying project discovery and offering a user-friendly experience, BNDRbl .ai enables users to make well-informed investment decisions while saving time. As the platform evolves, it aims to reshape how people engage with the crypto ecosystem, offering a more efficient, personalized, and secure way to discover new opportunities.
3. BabyNeiro BABYNERIO is a decentralized cryptocurrency token that is part of the Nerio Token ecosystem. It falls under the memecoin category, which is typically designed for fun and community engagement rather than serious financial use. BABYNERIO aims to build a strong community and incentivize user participation.
Key Features: 1. Memecoin & Community-Focused: BABYNERIO is driven by community support, often used for humorous or fun purposes. 2. Deflationary Model: The token may have a limited supply, with a portion burned on each transaction, decreasing the total supply over time. 3. Investor Incentives: Users can earn rewards by staking tokens or providing liquidity. 4. DeFi Integration: BABYNERIO could be compatible with decentralized finance (DeFi) projects, offering additional financial opportunities for holders.
Overall, BABYNERIO is designed as a fun, community-driven project in the crypto space, though, like many memecoins, it is subject to high volatility and speculative investment.
4. PEANUT
The Story of PEANUT Memecoin: Peanut was an orphaned squirrel that became a social media star after being rescued by Mark Longo in New York. After Peanut’s mother was killed by a car, Longo found and raised the squirrel. Peanut gained a massive following by performing tricks, eating waffles, and wearing mini hats. However, seven years later, New York authorities seized Peanut and a raccoon named Fred, euthanizing them for rabies testing. Peanut's tragic end sparked widespread discussion on wildlife rehabilitation laws. Inspired by Peanut's story, the PEANUT memecoin was created to honor the squirrel and engage with the community. The token gained significant attention when Elon Musk liked a tweet about PEANUT. Following Musk's endorsement, the token skyrocketed in value, increasing by over 80x. This event highlighted how memecoins, driven by social media interaction and community support, can rapidly gain value and attention in the crypto space.
5. SUNCAT
Suncat is the first cat meme token to be launched on Tron, and has emerged as an alternative in the ever-growing memecoin ecosystem. The project has been listed on many different exchanges since its launch and is still on my watchlist.
It is located on the Tron network developed by Justun Sun.
6.Cococoin (Coco) $CoCoCoin is a dynamic SocialFi blockchain project built on the BNB Chain, designed to foster social media interaction and provide a wide range of crypto investment opportunities. It aims to create a thriving and creative social ecosystem within the crypto, blockchain, and meme coin spaces. As one of the emerging top 10 meme coin projects, CoCoCoin stands out for its engaging crypto airdrop events, which attract a strong community following.
CoCoCoin has also made significant strides in the crypto industry by partnering with several exchanges and companies. Notably, it was a sponsor at the Binance Blockchain Week in Dubai, further solidifying its presence in the global crypto community. Through these partnerships and its growing popularity, CoCoCoin continues to build momentum as a leading player in the meme coin sector.
DYORThe information provided here regarding topics and projects is for personal and news article purposes only. It should not be considered as investment advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. #memecoin $BTC