After USD0++ is depegged, Usual Protocol plans to activate the revenue switch function in advance to stabilize its ecosystem

PANews reported on January 11 that RWA stablecoin issuer Usual announced on the X platform that it has realized that its staked stablecoin USD0++ has caused a huge reaction from the community due to its significant decoupling from $1, so it will launch a series of measures to address user concerns and stabilize the ecosystem. It is reported that its "Revenue Switch" function is scheduled to be launched on January 13, allowing Usual Protocol to share its revenue from real-world assets and protocol operations with the community. The team expects monthly revenue to be approximately US$5 million, with an annual return rate of more than 50% under current conditions. These distributions will be made weekly to consolidate the actual value of USUAL, balance its economic model and the revenue generated by the protocol. (Note: Usual's revenue switch function will be officially enabled when more than 50% of USUAL tokens are staked as USUALx. If the requirements are not met, it will be automatically activated on February 1, 2025. Once enabled: 100% of the revenue (up to US$5 million per month) will flow to USUALx stakers in the form of USD0.)

In addition, the Usual Protocol team also stated that it will launch the “1:1 early unstaking” function next week, allowing users to redeem USD0++ at an exchange rate of 1 US dollar, but requiring them to give up part of their accumulated rewards as a penalty.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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