Ever felt like your money should work harder for you? Usual Money might be the answer you're looking for. As a decentralized stablecoin protocol, it's creating quite a buzz in the crypto community — and for good reason.
The Basics of Usual Money
Usual Money is a DeFi protocol that offers a decentralized stablecoin backed by real assets. Unlike traditional banking systems where institutions pocket the profits, Usual distributes value back to its users.
Key Point: Usual Money combines the stability of traditional finance with the openness of decentralized systems.
The protocol consists of two main components:
- USDC: A fiat-backed stablecoin pegged to the US dollar
- USUAL token: The governance token that powers the ecosystem
This structure allows Usual to maintain price stability while giving users actual ownership of the banking infrastructure they use daily.
How Usual Money Differs from Other Stablecoins
Not all stablecoins are created equal. Tether (USDT) and USD Coin (USDC) are centralized options issued by companies. In contrast, Usual Money operates as a permissionless on-chain stablecoin with some notable differences:
- Community Ownership: Users own and govern the protocol through USUAL tokens
- Transparency: All collateral and operations are visible on-chain
- Revenue Sharing: Protocol profits flow back to users instead of corporate entities
- Real-World Asset Collateral: Backed by a diverse portfolio of tokenized real-world assets
The combination of these features creates a digital currency ecosystem that benefits users rather than extracting value from them.
The Power of USUAL Tokens
The USUAL token serves as the backbone of the Usual Money ecosystem. Holding these tokens provides several benefits:
- Value Generation: USUAL holders receive a portion of all protocol revenue through staking
- Governance Rights: Token holders vote on key protocol decisions
- Ecosystem Growth: As adoption increases, token utility typically expands
Think of USUAL tokens as shares in a user-owned banking system. The more people use the protocol, the more revenue it generates, and the more value potentially accrues to token holders.
Real-World Asset (RWA) Collateral Explained
One of Usual Money's innovative features is its use of real-world asset collateral. But what exactly does this mean?
RWAs are traditional assets like treasury bills, corporate bonds, and other financial instruments that have been tokenized and brought on-chain. By using these as collateral, Usual Money:
- Creates greater stability than crypto-only backed stablecoins
- Generates consistent yield from traditional finance instruments
- Diversifies risk across different asset classes
Important Note: This approach bridges traditional finance with DeFi, potentially offering the best of both worlds.
How Protocol Revenue Sharing Works
Most financial platforms keep their profits. Usual Money takes a different approach through its protocol revenue sharing model:
- The protocol generates revenue from various sources (lending, yield from RWAs, etc.)
- This revenue flows into the protocol treasury
- USUAL stakers receive a percentage of this revenue proportional to their stake
- The remaining funds support protocol growth and development
This community value redistribution mechanism creates alignment between users and the protocol itself — everyone benefits when Usual Money succeeds.
Security and Transparency
In the crypto world, security isn't optional — it's essential. Usual Money addresses this through:
- Multiple security audits by reputable firms
- On-chain transparency of all collateral
- Clear governance processes for protocol changes
- Regular community updates and open development
All operations and collateral backing the stablecoin are visible on-chain, allowing users to verify the protocol's health at any time.
Getting Started with Usual Money
Ready to try Usual Money? Here's how to begin:
- Connect your wallet to the Usual Money app
- Swap your existing stablecoins for Usual's stablecoin
- Consider staking USUAL tokens to earn protocol revenue
- Participate in governance by voting on proposals
Pro Tip: Start small until you're comfortable with how the system works.
The Future of User-Owned Banking
Usual Money represents a shift toward genuinely user-owned financial infrastructure. By combining stablecoin utility with governance rights and revenue sharing, it creates a system where users benefit from the growth they help create.
As decentralized finance continues evolving, protocols like Usual Money demonstrate how banking could function when aligned with user interests rather than shareholder profits.
Common Questions About Usual Money
What is Usual Money and how does it work?
Usual Money is a decentralized stablecoin protocol that combines fiat-backed stability with user ownership through governance tokens and revenue sharing.
How is the Usual stablecoin different from USDT or USDC?
Unlike centralized stablecoins, Usual is community-owned, transparent, and shares its revenue with users while maintaining similar stability mechanisms.
What benefits do USUAL tokens provide?
USUAL tokens give you governance rights, a share of protocol revenue, and exposure to the ecosystem's growth.
How does Usual ensure security and transparency?
Through onchain verification of collateral, multiple security audits, and open governance processes.
Who owns and controls the Usual protocol?
The community of USUAL token holders collectively own and govern the protocol through voting mechanisms.
Remember, while Usual Money offers an innovative approach to stablecoins, all investments carry risk. Do your own research before committing significant funds to any DeFi protocol.
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