Sun, November 24

Binance Launchpool Announces Listing of USUAL Token

Altcoin News
  • Binance Launchpool is set to launch the USUAL token as its 61st project.
  • The token’s pre-market time will open on November 19.

Binance Launchpool has scheduled the launch of USUAL, the governance token of Usual, a decentralized fiat stablecoin issuer, for November 19. This project marks the 61st listing on the Launchpool.

As per the official post, Binance will initiate pre-market trading for the USUAL token starting on next Monday, with the USUAL/USDT trading pair. Specific details on the end of the pre-market phase and the official spot listing will be announced closer to the date.

Notably, the farming window opens on Friday, four days prior to the token generation event (TGE). To earn and claim USUAL tokens, users will have to stake Binance Coin (BNB) and First Digital USD (FDUSD) over these 4 days. 

Initially, over 12.37% of the total supply — 494.6 million USUAL tokens — will be released into circulation. While 7.5% of the supply (300 million USUAL) is allocated for rewards.

Upcoming USUAL Token Launch: Key Info

Notably, the token’s farming window opens on Friday, four days prior to the token generation event (TGE). To earn USUAL, users must be staking Binance Coin (BNB) and First Digital USD (FDUSD) over these 4 days. 

On the other hand, Usual has been running the ‘Pills Campaign’ exclusively for airdrop and listing. This campaign concludes at the end of the month and rewards its farmers with 8.5% of the allocated supply. According to the update, 99% of users will be able to claim their airdrop on the debut day.

Besides USUAL, the project’s ecosystem comprises USD0 and USD0++. Firstly, USD0 is a decentralized fiat stablecoin, launched in February 2024. Secondly, USD0 Liquid Bonds (USD0++) is a 4-year DeFi T-Bill (treasury bill)

Highlighted Crypto News Today
Is a Memecoin Supercycle About to Hit the Crypto Market?

A perpetual learner who loves writing. Passionate about investing her time and zeal to explore the crypto world. Curiosity and creativity are her superpowers.