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  1. Overview
  2. Features

USUAL*

PreviousUSUALNextUSUALx (USUAL staking)

Last updated 5 months ago

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Overview

USUAL* is a specialized token designed for early investors, contributors, and advisors of the Usual protocol, granting them unique benefits and governance power. It inherits basic functionalities from the USUAL token. Holders of USUAL* are entitled to 10% of all USUAL distributions, a right that is permanently integrated into the protocol and cannot be overridden. Initially, USUAL* holders maintain majority voting control to ensure the project adheres to its roadmap during the early stages of development. Over time, the governance structure will evolve toward a more decentralized model centered on USUAL token holders, but without compromising the immutable rights of USUAL* holders.

USUAL* issuance

Investor, contributors and insider will receive USUAL* at TGE as a staked, cliffed and vested allocation that receives 10% of the daily USUAL distribution. In order to claim USUAL* a user will have to unstake the vested allocation, thereby minting the token.

Smart Contract

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USUAL*