Usual announces that the 1:1 early unstaking function will be launched tomorrow
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2025-01-14 00:02 1,303
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According to news on January 13, Usual officially stated that starting today, the income conversion function for USUALx holders has been activated. Those who held USUALx positions during the week will be eligible for last week’s collateral revenue distribution.
The 1:1 early unstaking feature will go live tomorrow, along with all relevant rules, allowing users to choose their farming and unstaking strategies.
In the Usual ecosystem, revenue redistribution is transparent and simple:
1. 90% of the USUAL token supply is allocated to the community.
2. 100% of the collateral income is distributed to USUAL pledgers every week and rewarded with USD0.
Detailed documentation on the allocation mechanism will be released this week. A new staking mechanism will be launched soon, aiming to create a more autonomous and elegant redistribution system. Weekly reports will also be released, allowing everyone to verify on-chain earnings.