Usual Launches Revenue Switch to Revolutionize Reward System for USUALx Token Holders

Usual has launched a new feature called Revenue Switch to revolutionize the reward system for holders of its USUALx token.

A new feature called Revenue Switch has been introduced by Usual to revolutionize the reward system for holders of its USUALx token. The protocol, which aims to challenge traditional stablecoin giants and offer an alternative, is designed to redistribute the value generated by its ecosystem. The launch of this feature marks a significant step in the protocol’s evolution, as it aims to deliver direct value to users, ensuring the protocol’s sustainability and enhancing the performance of participants’ assets.

The仕組み of Revenue Switch involves allocating 100% of the protocol’s monthly revenue to users who stake their tokens. This includes yields generated from fees and real-world assets (RWAs) backing USD0 and USD0++. Based on the protocol’s current revenue levels, USUALx holders can expect to receive monthly rewards of approximately $5 million.

The activation of this system is dependent on the community. Revenue Switch will be enabled once more than 50% of the protocol’s tokens are staked as USUALx. If this target is not met, the feature will be automatically activated on February 1, 2025. Commencing from that date, users who maintain their positions throughout the month will be eligible for rewards. Any withdrawals made during the month will render the user ineligible for the reward.

A key aspect of Revenue Switch is its ability to dynamically adjust yields, enabling the projected annual yield (APY) of stakers to continue increasing as the total value locked (TVL) and the protocol’s revenue grow. This unlimited APY potential will be crucial in bolstering the system’s attractiveness for long-term participants.

In addition to Revenue Switch, the protocol is also working on other innovative features, including a model inspired by veModel, which is designed to enhance governance and staking utility. Through these innovations, Usual aims to scale and strengthen its position within the decentralized finance (DeFi) market, offering its users a sustainable mechanism to generate value through participation in the protocol.