ChainCatcher message, Usual official stated that starting today, the income conversion feature for USUALx holders has been activated. Users holding USUALx positions within this week will be eligible for the distribution of last week's collateral income.The 1:1 early unstaking feature will go live tomorrow, along with all related rules, allowing users to choose farming and unstaking strategies.In the Usual ecosystem, income redistribution operations are transparent and simple:90% of the USUAL token supply is allocated to the community.100% of the collateral income is distributed weekly to USUAL stakers, rewarded at USD0.Detailed documentation on the distribution mechanism will be released this week. A new staking mechanism will be launched soon, aimed at creating a more autonomous and elegant redistribution system. Weekly reports will also be published, allowing everyone to verify on-chain income.

ChainCatcher news, Wintermute co-founder Yoann Turpin shared his views on price discovery and market neutrality. He pointed out that price discovery is the process by which the market continuously seeks the true price of an asset, primarily occurring in CeFi and OTC markets in the crypto space, while being relatively rare in DeFi, only appearing during the launch of token supplies, such as on platforms like Pump.fun. Due to the small scale of tokens, Wintermute did not participate in these.Market neutrality refers to participants not profiting from price fluctuations, a strategy that helps market makers maintain inventory balance. When prices rise, market makers typically sell in CeFi and buy back in DeFi; conversely, they buy in CeFi and sell back in DeFi, ensuring that the prices paid by all market participants are roughly the same.Turpin also stated that while supporting the DeFi ecosystem, significant improvements in user experience are needed to achieve more price discovery, and new users should be prioritized in entering the DeFi space.

ChainCatcher message, the RWA stablecoin project Usual announced on platform X that it is actively ensuring there are no bad debts in the current lending market, and all liquidation proceeds will go directly into the DAO treasury, ultimately benefiting USUAL holders. A new Morpho market has been created, and all migrations can be completed within a few hours.

ChainCatcher news, RWA stablecoin issuer Usual announced on platform X that it has realized the significant reaction from the community due to its pegged stablecoin USD0++ deviating sharply from 1 dollar, and therefore will launch a series of measures to address user concerns and stabilize the ecosystem.It is reported that the "Revenue Switch" feature is set to launch on January 13, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly revenue of about 5 million dollars, with an annual return rate exceeding 50% under current conditions. These distributions will occur weekly to reinforce the actual value of USUAL, balance its economic model, and the revenue generated by the protocol. (The Revenue Switch feature will officially activate when more than 50% of USUAL tokens are staked as USUAL x. If the requirement is not met, it will automatically activate on February 1, 2025. Once activated, 100% of the revenue (up to 5 million dollars per month) will flow to USUALx stakers in the form of USD0.)In addition, the Usual Protocol team also stated that it will launch the "1:1 Early Unstaking" feature next week, allowing users to exchange USD0++ at a rate of 1 dollar, but requiring them to forfeit part of their accumulated rewards as a penalty.

ChainCatcher message, according to Scam Sniffer monitoring, 2 hours ago, a victim lost USUAL worth $60,013 due to copying the wrong CEX deposit address from a "contaminated" transfer record.

ChainCatcher news, according to The Block, the update of the Usual Money protocol has caused its staked stablecoin USD0++ to drop 8.5% from $1 to $0.915 on decentralized exchanges. The protocol introduced a dual-path exit mechanism, allowing users to redeem USD0++ at a floor price of $0.87, or choose to forgo some earnings for a 1:1 redemption, but the changes made without prior notice have sparked criticism from the community.USD0++ was originally a zero-interest bond-type token locked for four years, typically valued at $0.855 in the market, but could previously be redeemed 1:1 for USD0. After the update, a large number of holders sold off USD0++, leading to a severe imbalance in the Curve pool, with price fluctuations reaching 92%. Community members accused the team of not announcing in advance, locking up a large amount of funds, but some believe this move helps with long-term stability.

ChainCatcher message, according to monitoring by The Data Nerd, 2 hours ago, a certain whale withdrew 1.5 million USUAL (approximately 1.02 million USD) from Binance, increasing its holdings of USUAL to 5.5 million, with an average entry price of 0.92 USD.It has staked all USUAL as USUALx, with an unrealized loss of approximately 1.29 million USD.

ChainCatcher message, Usual announced on social media the launch of the "Revenue Switch" mechanism, which will directly distribute protocol revenue to $USUAL stakers. The activation condition is that over 50% of $USUAL is staked as USUALx, or it will automatically start on February 1, 2025.Once the mechanism is activated, up to $5 million in protocol revenue will be distributed entirely in USD0 to USUALx stakers each month. Rewards are only available to users who continuously stake throughout the entire monthly cycle; withdrawing in the middle will result in the loss of eligibility for that period's earnings. Currently, the protocol has generated over $20 million in revenue awaiting distribution.

ChainCatcher message, RWA stablecoin protocol Usual hinted on Twitter that the token fee switch will be activated: "The era of fee switches begins. 2025 marks a turning point for DeFi: real value, real distribution. On January 7, get ready with your USUAL."

ChainCatcher news, Usual stated on social media that at 5 PM Beijing time yesterday afternoon, the Usual protocol experienced a large-scale USD0 sell-off triggered by a whale trading in the secondary market. This event raised questions about USD0's ability to maintain its peg to 1 dollar. USD0 briefly dropped to 0.99 dollars, then returned to the 1 dollar peg within seconds, although there was an initial deviation of several basis points (bps) due to the ongoing sell-off, it fully restored its peg after a few hours.USD0 can always be redeemed at a 1:1 ratio for its underlying collateral, ensuring the solvency of the Usual protocol. Currently, all USD0 can be redeemed on a T+0 basis and is supported by highly liquid short-term money market instruments.The peg has been restored to normal. This incident was the first significant stress test of USD0's pegging ability, with the redemption volume exceeding the entire TVL (Total Value Locked) of GHO within a few hours, yet the protocol continued to operate as usual. We will continue to optimize processes and improve efficiency, while many exciting updates are on the way.

ChainCatcher news, Usual posted on platform X that its protocol currently has the largest Curve liquidity pool, and its trading volume has consistently ranked in the top three.

ChainCatcher news, HashKey Global announces that Usual (USUAL) will be launched on the Innovation Zone on December 30, 2024, at 16:00 (UTC+8). Recharge and withdrawal are now open, and it supports the ERC20 network.A special event for new users is launched: from December 30, 2024, 16:00 to January 6, 2025, 16:00, the first 2,000 users who recharge USUAL for the first time and accumulate a net recharge of 10 USDT equivalent will each receive a reward of 5 HSK, with a total prize pool of 10,000 HSK, available on a first-come, first-served basis until it runs out.

ChainCatcher message, in the past three years, the valuation in the RWA sector has increased 58 times. DeFiLlama data shows that its TVL currently reaches a historical high of $8.217 billion, having increased by $1 billion in just the past seven days.Among them, in the past week, Hashnote's TVL grew by 65.58% to $1.497 billion, while Usual's TVL grew by 65.65% to $1.445 billion.In the past 30 days, Usual's TVL increased by 230%, while Hashnote's TVL increased by 217%, together contributing over 35% of the TVL in the RWA sector.

ChainCatcher message, the Web3 asset data platform RootData tweeted that despite the general market decline over the past week, most RWA tokens also fell, but $USUAL and $ANZ rose against the trend with increases of 13.17% and 15.21% respectively. This aligns well with the "RWA Projects overview" released on December 19, further proving the potential of these two projects.