Stablecoin Protocol Usual Releases Roadmap: TGE in Mid-November, 90% Tokens Allocated to Community
Usual Stablecoin Protocol Announces Roadmap:
ChainCatcher reports that the Usual stablecoin protocol has released its roadmap, with the pre-launch phase set to conclude around November 15th, coinciding with the end of the Pills campaign. At this point, Usual's entire mechanism will be fully operational, and the protocol will enter its mature phase.
USUAL is not just a governance token, but also represents ownership of the protocol's infrastructure and revenue. 90% of USUAL will be allocated to the community, with only 10% allocated to insiders (team, advisors, investors).
It is reported that the TGE (Token Generation Event) for USUAL is expected to launch in mid-November 2024. An airdrop will be conducted, rewarding participants based on the number of Pills they hold during the pre-launch stage. Pills holders will receive a total of 7.5% of the total supply.
Starting from the TGE, USUAL holders can stake their tokens to receive USUALx, unlocking future governance rights. Stakers will also receive 10% of all USUAL released by the protocol in the future.
