KEY TAKEAWAYS
- KuCoin lists Usual (USUAL) on its Spot trading platform, expanding user trading options.
- USUAL deposits are live on the ETH-ERC20 network, with trading starting on December 18, 2024.
- Usual is a decentralized fiat stablecoin issuer, offering governance and utility through its $USUAL token.
- The protocol’s disinflationary issuance model ties USUAL supply to staked TVL, promoting scarcity and stability.
KuCoin has announced the listing of Usual (USUAL) on its Spot trading platform. This new addition is set to enhance the trading options available to users. The announcement was made here.
Deposits for USUAL are effective immediately, supported on the ETH-ERC20 network. Trading for the USUAL/USDT pair will commence at 11:00 UTC on December 18, 2024. Withdrawals will be available starting at 10:00 UTC on December 19, 2024.
When Spot trading begins, USUAL/USDT will also be accessible for Trading Bots. The available services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
Understanding Usual (USUAL)
Usual is a decentralized fiat stablecoin issuer that aims to redistribute ownership and governance through its native utility and governance token, $USUAL. The token serves several functions within the protocol.
USUAL provides governance control, allowing token holders to manage the protocol and influence key financial decisions. The issuance of USUAL is disinflationary, tied to the total value locked (TVL) of staked USD0 (USD0++), which creates scarcity as new TVL enters the system.
The token’s issuance is aligned with future cash flows, ensuring that the inflation rate of USUAL supply remains lower than the growth of revenue and treasury. Staking USUAL activates governance rights and offers holders 10% of newly issued USUAL, promoting long-term engagement.
The gauge mechanism directs and optimizes liquidity distribution within the protocol. Governance also plays a role in collateral management, determining the types and weightings of collateral behind USD0 to ensure stability and flexibility. Additionally, treasury management is facilitated by governance and mechanics, enabling efficient management and maximizing the compounding effect.
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 on its Spot trading platform, with trading starting December 18, 2024. Learn about USUAL's features and trading options.){kind=link}