Usual Stablecoin Protocol to Launch Pre-Launch Phase Ending in November

 

The stablecoin protocol Usual has unveiled its roadmap, outlining a pre-launch phase that will conclude around November 15th, coinciding with the Pills event. Once this phase is complete, Usual will be fully operational and enter a mature stage.

USUAL tokens serve as both a governance token and a representation of ownership in the protocol infrastructure and revenue. A significant portion of USUAL, 90%, will be allocated to the community, while only 10% will be retained by internal personnel.

The Token Generation Event (TGE) for USUAL is anticipated to occur in mid-November 2024. Airdrops will be distributed to participants who held Pills during the pre-launch phase, with Pills holders receiving a total of 7.5% of the total USUAL supply.

Following the TGE, USUAL holders can stake their tokens for USUALx to gain future governance rights. Additionally, stakers will be rewarded with 10% of all USUAL tokens issued by the protocol in the future.

This roadmap outlines the key milestones and benefits associated with the Usual protocol, providing valuable information for those interested in participating in its ecosystem.

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