Binance has just announced the launch of its 61st project on the Launchpool platform – Usual (USUAL), a decentralized stablecoin issuance platform.
Users can stake BNB and FDUSD for four days to receive airdropped USUAL tokens, with the farming period starting at 00:00 UTC on November 15, 2024.
Pre-Market Trading
- Binance will list USUAL at 10:00 UTC on November 19, 2024, and open Pre-Market trading for the USUAL/USDT pair.
- The end time for Pre-Market and the official listing date will be announced later.
- Note: Participation in Pre-Market trading is subject to regional/country residency requirements.
- Individual holding limit: 40,000 USUAL.
Launchpool USUAL Details
- Total and maximum supply: 4 billion USUAL
- Launchpool rewards: 300 million USUAL (7.5% of total supply)
- Initial circulating supply at listing: 494.6 million USUAL (12.37% of total supply)
- Network: Ethereum (contract: 0x430a2712cEFaaC8cb66E9cb29fF267CFcfA38a42)
- KYC requirement per Binance regulations
- Hourly limit per user:
- BNB Pool: 265,625 USUAL
- FDUSD Pool: 46,875 USUAL
Supported Pools
- BNB Pool (opens 24 hours after launch): 255 million USUAL (85% of total rewards)
- FDUSD Pool (opens 24 hours after launch): 45 million USUAL (15% of total rewards)
- Farming period: 00:00 UTC on November 15, 2024, to 23:59 UTC on November 18, 2024
Related: Binance Announces Listing of ACT and PNUT
About Usual
Usual is a stablecoin project on the Ethereum network that allows users to stake assets to receive the stablecoin USD0. The project aims to offer a safe, transparent stablecoin that provides yield for holders through financial products.
Though recently launched in mid-July 2024, Usual achieved a total value locked (TVL) of $130 million within just 30 days. The project is currently running a points program for users ahead of its official token release.
