Our new partnership with Origami transforms the leveraging process on Morpho, making it easier than ever. Say goodbye to tedious manual looping—Origami’s innovative vault streamlines everything, making it smoother, faster, and more efficient for you.
Our new partnership with Origami transforms the leveraging process on Morpho, making it easier than ever. Say goodbye to tedious manual looping—Origami’s innovative vault streamlines everything, making it smoother, faster, and more efficient for you.
Key Benefits
5X Your USD0++ Daily Pills
Easy Setup: Get started in a single transaction. How to use the Origami vault
Less Gas Fees: Save on gas with a single transaction instead of multiple loops.
LLTV Worry Free: Origami automatically rebalances vaults to manage risk
Earn Origami Rewards: Earn 10X Origami Points per USD0++
5X your Pills
Origami’s new vault allows you to deposit USD0++ and automatically leverage it as collateral in our USD0/USDC Morpho vault. The vault handles the entire process—using USD0++ as collateral, borrowing USDC, re-entering the protocol to mint more USD0++, and repeating the cycle until you reach 5X leverage. This setup lets you earn 15X Pills per USD0++ per day, instead of the usual 3.
Simple setup and Less Gas
Origami takes care of the entire looping process, reducing what used to be dozens of transactions to just one. This means significantly lower gas fees, which is especially beneficial with today’s high ETH prices.
LLTV Worry Free
Origami automatically rebalances your vault to keep it optimized and below the Loan-to-Value (LLTV) threshold, so you don’t have to worry about constant monitoring or fluctuating rates. Your position stays secure and well-managed without extra effort.
Gain Origami Points
By contributing to the Origami vault, you also earn 10X Origami Points per USD0++ deposited, adding even more value to your participation. For more info on the points read up their Ori Season 1 article
Why Collect Usual Pills?
Do you believe in a future where crypto is driven by its users and the value generated by stablecoins is shared among them, not just by the giants like Tether and Circle? If so, Usual Pills are your ticket out of the matrix.
By engaging with Usual during our pre-launch phase, you can earn Pills—points that will later be converted into $USUAL tokens. These tokens represent 7.5% of the total $USUAL supply at TGE, scheduled for Q4 2024. Participating in the Pills campaign means you're not just a user, but an integral part of shaping the protocol's future, and you own the protocol.
For more details on how to maximize your Pills, check out our Pills Campaign Rules.
What is USD0++?
USD0++ is an enhanced 4-year DeFi T-Bill secured by locked USD0, distributing yield in $USUAL tokens. This product is your gateway to owning a piece of the stablecoin issuer itself, allowing you to benefit directly from the growth and success of the Usual protocol. USD0++ not only provides a boosted yield but also gives you a stake in the protocol’s governance and future revenues. For a deeper dive into USD0++, explore the details in our product documentation.
How It Works
During the Pills campaign, holding USD0++ gives you access to Pills and a proportional share of the $USUAL airdrop. Once the campaign concludes, USD0++ will continue to generate returns in $USUAL tokens, ensuring ongoing rewards. Additionally, the Base Interest Guarantee (BIG) mechanism ensures a minimum yield, safeguarding your investment against market volatility. To learn more about how this mechanism works, visit our Base Interest Guarantee (BIG) page.
By participating in the Usual ecosystem, you're not just earning rewards; you're actively contributing to the evolution of a more decentralized and user-centric financial future. Don't miss out on your chance to be a part of this revolutionary movement.
