Usual announced that the 1:1 early unstaking function will be launched tomorrow
On January 13th, Usual announced that the income conversion function for USUALx holders has been activated. Users who held USUALx positions this week will be eligible for last week's collateral income distribution.
The 1:1 early redemption function will be launched tomorrow, along with all related rules, and users can choose farming and redemption strategies.
In the Usual ecosystem, income redistribution operations are transparent and simple:
1. 90% of the USUAL token supply is allocated to the community.
2. 100% of collateral income is distributed weekly to USUAL stakers and rewarded in USD0.
Detailed documents on the distribution mechanism will be released this week. A new staking mechanism will be launched soon, aiming to create a more autonomous and elegant redistribution system. Weekly reports will also be published, allowing everyone to verify on-chain income.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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