Binance Announces Distribution of New Cryptocurrency Usual (USUAL) via Launchpool and Pre-Market

Binance, the world’s largest cryptocurrency exchange, recently announced the launch of a new cryptocurrency called Usual (USUAL) on its Launchpool platform, which distributes new tokens to users through staking. This 61st project of the platform has drawn attention as a decentralized stablecoin issuer, similar to Tether (USDT) and Circle (USDC), but operating independently and without centralized control. Below, we explain in detail what investors need to know about the launch and the benefits offered.

1. Distribution Structure: Details of the Usual (USUAL) Airdrop

The Usual airdrop will run for four days, starting on November 14, 2024, at 9:00 PM, Brasília time. A total of 300 million tokens will be distributed, representing 7.5% of the total USUAL supply. To participate in Launchpool, users can stake two Binance cryptocurrencies:

BNB: Users who deposit BNB will receive 85% of the rewards distributed, equivalent to 255 million USUAL.

FDUSD: Those opting to lock this stablecoin will obtain 15% of the rewards, which represents 45 million USUAL tokens.

This staking process allows users who already hold BNB or FDUSD to earn USUAL tokens as a reward, providing an incentive for holders of these assets on the platform​​.

2. Project Features and Objectives of Usual (USUAL)

The Usual project stands out as a decentralized stablecoin initiative, promising more security and transparency for investors. Stablecoins have grown popular in recent years, especially for their ability to maintain a stable value, often backed by fiat currencies like the U.S. dollar. Decentralized stablecoins have attracted investors seeking alternatives without needing centralized companies to control the issuance and management of the asset​​​​.

USUAL has a series of features that reinforce its position as a secure and profitable stablecoin:

Governance Control: allowing holders to participate in project decisions.

Deflationary Emission: a measure to maintain the stablecoin’s value.

Revenue-Based Model: creating a sustainable business model.

Staking Rewards: additional rewards for holders who decide to lock their tokens.

Treasury and Collateral Management: advanced systems to maintain the token’s value and backing.

These features make Usual an attractive asset for those looking to invest in a more secure financial system, with a project backed by a solid economic structure.

3. Pre-Market Trading on Binance

One of the main updates announced by Binance is the inclusion of USUAL in its Pre-Market, a feature launched in September 2024 that allows users to trade certain tokens before the official spot listing. This option will be available starting November 19, 2024, at 10:00 AM (UTC), enabling Launchpool participants to sell their acquired USUAL tokens even before the official listing​​​​.

This early trading in the Pre-Market provides liquidity potential for users and a strategic advantage for those seeking early market positioning. However, Binance cautions investors about risks associated with this practice, emphasizing that they should conduct their own research to ensure financial security.

4. Growth Prospects and Potential Earnings for Investors

The inclusion of USUAL in Binance Launchpool comes in a context of rising popularity for stablecoins, which have achieved significant profits from Treasury securities due to rising yields in recent years. USUAL’s decentralization could attract investors looking for an alternative stablecoin, free from centralized control, offering broader benefits like governance control and revenue-based models.

Additionally, nearly half of the initial circulating token supply will be distributed via Launchpool, meaning early investors can access a substantial portion of the market, creating opportunities for appreciation early in the token’s lifespan​​.

5. How to Participate and Next Steps

For those interested in participating in the airdrop, the process is simple. Just have a Binance account, hold BNB or FDUSD, and sign up for the USUAL Launchpool. Earned tokens can be held for potential appreciation gains or sold on the Pre-Market, depending on each investor’s strategy.

This Binance action reinforces its role as a leader in the cryptocurrency sector, continually introducing new projects with growth potential. Users interested in tracking USUAL’s progress and other Launchpool initiatives can visit Binance’s website or check official announcements.

In summary, the Usual (USUAL) project brings innovation to the stablecoin market with its decentralized approach and rewards for early investors, offering opportunities for both new and experienced crypto market participants.

For more information, visit Binance.Com official website and follow the latest news.