Key Points
- Binance launched USUAL on Binance Launchpool and Pre-Market.
- Users can lock their BNB and FDUSD to obtain USUAL airdrops over 4 days.
Binance simply introduced the 61st venture on Binance Launchpool – Usual (USUAL), a decentralized Fiat Stablecoin issuer.
Users can lock their BNB and FDUS to get USUAL airdrops over the course of 4 days.
Farming is scheduled to begin on November 15, at 00:00 (UTC) and it’ll final till November 18, at 23:59 (UTC).
Binance Pre-Market Listing
Binance Pre-Market will listing USUAL on November 19, at 10:00 (UTC), and open pre-market buying and selling for USUAL/USDT.
In the official itemizing announcement, the change famous that the Pre-Market finish time and spot itemizing shall be introduced later.
Also, the utmost holding restrict per person is about at 40,000 USUAL, in accordance with Binance’s notes.
USUAL Launchpool Details
- The whole token provide is 4 million USUAL tokens.
- The Launchpool token reward is 300 million USUAL tokens, representing 7.5% of the entire provide.
- The preliminary circulating provide at itemizing is about at 494,6 million USUAL tokens, representing 12.37% of the entire token provide.
Other Important Information
- Only grasp accounts and common person accounts are eligible to participate within the Binance Pre-Market.
- Withdrawals, transfers, and deposits are suspended through the Pre-Market interval.
- Only customers from chosen nations are eligible to take part within the Pre-Market.
- Users might want to improve the Binance App model to 2.89.0 and above.
- Snapshots of person balances shall be talked hourly, a number of occasions to calculate rewards.
- Users can accumulate rewards and declare them of their spot accounts.
- Pools’ APYs and whole pool steadiness shall be up to date in real-time.
- Tokens can solely be locked in a single Launchpool supply at a time.
- Users can unlock their funds at any time directly and take part instantly in different out there Lauchpools.
- BNB Flexible Products belongings used as collateral for Binance Loans will not be entitled to Launchpool rewards.
- Trading Bots and Spot Copy Trading shall be enabled for USUAL inside 24 hours of its Spot itemizing.
What is Usual (USUAL)?
Usual is a safe and decentralized fiat-backed stablecoin issuer and redistributes possession and worth by way of the USUAL token, as famous by the workforce behind the venture on the official website.
The workforce highlighted that every 12 months, customers give billions to fiat-backed stablecoin issuers, and Usual reinvents this by offering a bankless account with a extra clear and safe stablecoin, whereas on the identical time providing higher alternatives for customers.