USUALUSUAL (USUAL) Price

1.Project introduction

Usual is a multi-chain infrastructure that aggregates the growing tokenized Real-World Assets (RWAs) from entities like BlackRock, Ondo, Mountain Protocol, M0 or Hashnote to transform them into a permissionless, on-chain verifiable, and composable stablecoin (USD0). 

Usual is built around the redistribution of power and ownership to users & third parties, akin to a scenario where Tether’s TVL providers would own the company and the associated revenues.

2.Team introduction

CEO - Pierre PERSON

Pierre PERSON is the founder and CEO of Usual. He is a former French politician and a member of the National Assembly (French Parliament). He recently served as the vice president of the presidential party in France, leading the country's legislation on crypto assets.

Co-Founder and COO - Hugo Sallé de Chou

Hugo Sallé de Chou is the co-founder and Chief Operating Officer of Usual, and he graduated from EDHEC Business School in France.

Co-Founder - Adli Takkal Bataille

Adli Takkal Bataille is the co-founder of Usual and serves as the president of the Le Cercle du Coin association. He graduated from the University of Bordeaux Montaigne.

3.Token application and distribution

Token application:

USUAL Supply Mechanism

Post-Token Generation Event (TGE), the supply adjusts to ensure fewer Usual tokens as locked TVL expands, creating scarcity and aligning USUAL's value with protocol growth.

1.USUAL is issued whenever new USD0++ are minted, corresponding to the Total Value Locked (TVL) of the protocol and its revenues.

2.The issuance rate per USD decreases over time and accelerates with increasing TVL.

3.Fewer USUAL will be distributed post pre-launch, with fewer tokens per dollar of TVL over time.

Token distribution: 

USUAL Distribution Strategy

90% of USUAL tokens are distributed to the community, ensuring a fair and equitable distribution mechanism.

USUAL will be distributed among USD0++ holders, LPs, staking, and other products, with 90% allocated to the community. 

This principle extends to other assets and their respective Liquid Bond Tokens (LBT) and LP incentives as Usual is designed to be a multi-asset structure.