Overview
Usual is a decentralized, multi-chain protocol designed to transform tokenized Real-World Assets (RWAs) into a transparent, composable stablecoin ecosystem. The platform aggregates tokenized assets from partners such as BlackRock, Ondo, Mountain Protocol, M0, and Hashnote, channeling them into its core product, USD0. By embracing decentralization, Usual seeks to establish an equitable financial system that redistributes power and revenue to its community through governance and ownership mechanisms.
USD0 Stablecoin
USD0 is a decentralized, fiat-backed stablecoin pegged to the US dollar and fully collateralized by short-term, high-quality assets. Unlike traditional banking systems reliant on fractional reserve mechanisms, USD0’s design prioritizes financial neutrality and security. By collateralizing USD0 with tokenized bonds and other liquid assets, the platform ensures its value remains stable and fully backed. USD0 is accessible across various blockchain ecosystems, enhancing its utility and interoperability in decentralized finance (DeFi).
$USUAL Governance Token
The $USUAL token is the governance backbone of the Usual ecosystem. Holders of $USUAL are empowered to participate in critical decision-making processes, including the management of risk parameters, the selection of collateral types, and the development of liquidity strategies. This governance framework is integral to fostering a decentralized financial system where users share control and influence over the protocol’s direction. The redistribution of governance and financial benefits to $USUAL holders reinforces the protocol’s commitment to fairness and transparency.
Real-World Asset Integration
Usual addresses the complexities of integrating Real-World Assets into DeFi by leveraging tokenized versions of highly liquid, short-term bonds. These assets serve as collateral for USD0, offering both stability and reliability. The protocol’s focus on verifiability ensures that every asset backing USD0 can be audited on-chain, promoting transparency and user trust. By bridging traditional finance with decentralized systems, Usual expands the potential use cases of RWAs in the blockchain space.
Decentralization and Transparency
Decentralization is a core principle of the Usual platform. The protocol’s infrastructure eliminates centralized control, distributing power across its ecosystem participants. All transactions and collateral assets are fully auditable on-chain, ensuring a high degree of transparency. This approach builds user confidence and sets a standard for accountability in the stablecoin market.
Revenue Redistribution Model
Usual introduces a unique revenue-sharing model that distinguishes it from traditional stablecoin issuers. While competitors such as Tether and Circle have amassed significant revenues without redistributing wealth, Usual ensures that its economic model directly benefits its community. By sharing revenues generated from collateralized assets with $USUAL token holders, the protocol incentivizes broader participation and fosters a sense of collective ownership. This approach aligns with its mission to democratize access to financial rewards.
Security and Risk Management
The Usual protocol prioritizes the security of its ecosystem through a robust risk management framework. Collateral assets are carefully selected based on their liquidity and stability, reducing exposure to volatile markets or default risks. The protocol’s commitment to maintaining full collateralization ensures that USD0 remains a trustworthy and secure stablecoin. Additionally, its decentralized nature minimizes vulnerabilities associated with centralized control, further enhancing its resilience.
Ecosystem and Interoperability
Designed as a multi-chain solution, Usual integrates with leading blockchain networks to enhance the utility and accessibility of USD0 and $USUAL tokens. By enabling seamless interactions across diverse ecosystems, the protocol supports a wide range of DeFi applications, from lending and borrowing to liquidity provisioning and yield optimization. This interoperability broadens the scope of potential use cases, making Usual a versatile tool for users and developers alike.
