Integrate USD0++
TL:DR - Integrate USD0++ in your offering and easily expose your community to USUAL rewards, capitalising at minimum on the underlying RWA yield and potentially much more.
Current options to integrate USD0++ rewards in USUAL are:
Claim Address Redirect (if integration partner can't claim the rewards that accumulate on their smart contracts).
Recap - What is USD0++ about?
USD0++ is the liquid staking version of the USD0 stablecoin backed by T-bills from RWA entities like Hashnote, Ondo, and BlackRock, functioning as a liquid savings account with a 4-year USD0 lock-up. It offers rewards while remaining transferable and composable, with USUAL incentives promoting the growth and adoption of USD0. The DAO allows for 1:1 early redemption particularly against USUAL tokens.
Supply: ∞ - each USD0 can be staked into USD0++
Contract standard: ERC-20
Reward distribution approach: Yield bearing/Rebasing/Claim bearing
For more insights check out:
Why should you enhance your product offering with USD0++?
The Usual Protocol is one of the first stablecoin issuer to redistribute generated value in the form of a governance token via USD0++, directly incentivizing protocol liquidity, while remaining fully transferable and composable. 100% of the generated revenues are pooled into the protocol's treasury. Consequently, USUAL a genuine governance token, backed by real RWA yield and revenue, granting ownership rights over the protocol’s actual revenues, future revenues, and infrastructure.
These USUAL rewards guarantee at least rewards as high as the underlying RWA yield, in reality is likely to be higher due the protocol's unique tokenomics of USUAL. USUAL distribution is designed to be disinflationary, meaning its value theoretically increases as the Total Value Locked (TVL) in USD0++ grows. In that sense early participation is highly advantageous. This sets it apart from many other governance tokens, which often lack intrinsic value.
How can USD0++ be integrated?
Reward logic = Claim bearing
USD0++ introduces a new logic for rewards distribution. Unlike other tokens, USD0++ is a "Claim bearing" token, not yield bearing or rebasing. Holders of USD0++ are eligible for "Claiming" daily $USUAL rewards. By default the Usual reward system assigns the holder's address as the recipient of these rewards.
The Usual protocol enhances composability by integrating logic that tracks and maps user deposits and activity across other protocols. For instance, Usual monitors deposits of USD0++ into Morpho, enabling it to reward users who use their USD0++ deposits as collateral on Morpho.
When integrated, the user experience is straightforward. Users can utilize the integrated protocols such as Morpho and Pendle, and directly claiming rewards for their USD0++ ownership and activity in the "Earn" section of the Usual interface on a daily basis.
This setup provides clarity on token values while allowing users to manage and utilize their USD0++ assets seamlessly, without losing their "Claim" on the underlying USUAL rewards. For optimal performance, protocols are highly encouraged to completely integrate with the Usual reward system, so that USUAL rewards are automatically assigned to their users via the daily USUAL distribution, ready to be "claimed".
Integration Tiers
For an integration to be considered completely integrated, empowering a straightforward claim experience for USD0++ holder/users please refer to tier list below:
Partially integrated
USUAL is claimed and redistributed by integration partner
Euler, Superform, Contango
Not integrated
USUAL can't be claimed from smart contract, USUAL remains stale
Maybe your smart contract?
If you are in the lowest tier, don't fret - we are here to help! Checkout the integration options below.
What integration options are currently supported?
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