Usual announces that the 1:1 early unstaking feature will go live tomorrow, allowing users to choose farming and unstaking strategies

Jan 13, 2025 23:24:35

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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:

  1. 90% of the USUAL token supply is allocated to the community.

  2. 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.

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