Binance Launchpool Episode 61 introduces **Usual ($USUAL)**, a decentralized stablecoin issuer, offering participants the chance to mine 300 million $USUAL tokens by staking BNB or FDUSD. This guide covers everything you need to know about USUAL, the mining rules, and how to join the event.
What is Usual?
Usual is a decentralized issuer of fiat-backed stablecoins, similar to Tether (USDT) and Circle (USDC). However, unlike its centralized counterparts, Usual issues the stablecoin USD0, governed by the $USUAL token.
Key highlights:
- Multi-chain infrastructure: Integrates tokenized real-world assets (RWA) from platforms like BlackRock, Ondo, and Mountain Protocol.
- Decentralized governance: 90% of $USUAL tokens are allocated to the community.
- Current TVL: $370 million at launch.
Usual’s Core Objectives
- Enhanced Security: Uses government bonds (instead of bank reserves) as collateral for USD0 to mitigate liquidity risks.
- Improved Efficiency: Addresses RWA liquidity fragmentation by consolidating platforms through USD0.
- Fair Revenue Sharing: 90% of profits are redistributed to the community, unlike centralized issuers.
Usual’s Three Products
- USD0: A collateralized stablecoin backed by RWAs (e.g., government bonds).
- USD0++: A liquid staking derivative of USD0, offering yields in $USUAL.
- $USUAL: Governance token granting voting rights and staking rewards.
Binance $USUAL Mining Event Details
Duration: November 15 (08:00 UTC+8) to November 19 (07:59 UTC+8), 2024.
Pre-listing trading: Starts November 19 at 18:00 UTC+8.
Mining Pools & Rewards
| Pool | Reward Allocation | Hourly Cap |
|------------|-------------------|------------------|
| BNB | 255M USUAL (85%) | 265,625 USUAL |
| FDUSD | 45M USUAL (15%) | 46,875 USUAL |
👉 Maximize your rewards with BNB staking
Note: Staked BNB in Binance’s Earn products or Web3 wallets (e.g., slisBNB) also qualifies for rewards.
How to Participate
Step-by-Step Guide
Sign Up & Verify:
- Register on Binance and complete KYC.
Fund Your Account:
- Deposit BNB or FDUSD (buy via USDT if needed).
Access Launchpool:
- Navigate to Launchpool under "More" > "Finance".
Stake Tokens:
- Select a pool (BNB/FDUSD), enter the amount, and click "Lock".
FAQs
1. Is there a minimum staking amount?
No, but higher stakes yield proportionally more rewards.
2. Can I unstake tokens early?
Yes, but unclaimed rewards are forfeited.
3. When will $USUAL list on Binance?
Trading starts post-mining on November 19 (18:00 UTC+8).
👉 Start staking FDUSD for stable returns
Final Thoughts
Binance Launchpool consistently attracts millions in participation, with historical APYs exceeding 10%. Don’t miss this opportunity to mine $USUAL—stake now and earn!