Usualprotocol introduces the ‘Revenue Switch’ mechanism, aiming to provide direct value distribution to USUAL token holders (especially those who stake in the form of USUALx). This mechanism is seen as a new stage in the development of the protocol. The following is an interpretation of the core content of the article:
Usual hopes to distribute the income generated in the ecosystem to USUAL token holders through an income switch mechanism. This includes the income generated by actual assets (such as fees and profits) supporting its stablecoins USD0 and USD0++. Currently, the protocol has accumulated over $20 million in income, all of which belongs to USUAL holders.
• The revenue switch will be activated when over 50% of USUAL tokens are staked as USUALx.
• If the stake ratio does not reach 50% by February 1, 2025, the switch will be activated automatically.
• After activation, income calculation will start from the next day.
• 100% of the protocol’s income will be directly distributed to USUALxholder, with an estimated monthly income of about $5 million.
• The allocated rewards are distributed in the form of USD0, which is an additional supplement to the existing USUALstake earnings.
• Only users who hold USUALx throughout the monthly cycle are eligible for rewards.
• The monthly cycle starts from the first day of each month and ends on the last day (UTC time).
• Increasing stake within the period can only participate in the rewards of the next period; if you withdraw within the period, you will lose the qualification for the monthly rewards.
• Income distribution is only limited to users who directly hold USUALx, and positions held in aggregate (such as through indirect holdings on other platforms) are not included.
• With the increase in the total value locked (TVL) and income of the protocol, the expected annual percentage yield (APY) of USUALxholder is expected to continue to rise.
This mechanism gives USUAL tokens the true value capture capability, providing sustainable passive income for the holder. This not only enhances the attractiveness of USUAL, but also consolidates its innovative position in the DeFi field.
The revenue switch is just the first step. Usual plans to launch governance and stake systems similar to veModel, bringing more rights and utility to the holders of USUAL tokens.
Current core data (article provided)
• Market Cap: $470 million
• Estimated monthly income: $5 million
• USUAL stake ratio (USUALx): 36.53%
• Annual Percentage Yield (APY):
• At USD0: 42%
• Based on USUAL: 233%
Summary:
By activating the income switch, USUAL token holders can not only receive direct income distribution, but also participate in the long-term growth of the protocol. This mechanism sets a new benchmark for the innovation of decentralized finance (DeFi).
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