Usual Money Unveils Usual USD on Public Mainnet; Total Value Locked Hits $90M
Usual Money has launched its public mainnet, introducing the USD0 stablecoin and the USD0++ liquid bond. Supported by real-world assets, USD0 aims to offer a reliable decentralized financial tool, while USD0++ provides increased yield through ownership and governance redistribution.
Users can acquire USD0, participate in liquidity pools, and earn Pills—a reward system linked to USD0++ holdings. The Pills campaign, which accompanies the launch.
Incentivizes early participation by offering substantial rewards and determining USUAL token allocation for the upcoming Token Generation Event. As of July 14, the USD0 protocol has a total value locked (TVL) of $90.78 million. Usual Money seeks to establish itself as a significant player in the decentralized finance landscape, competing with other yield-bearing and defi stablecoins.
Clever Robot News Desk 15th July 2024