We are excited to announce the launch of the USD0/USDT trading pair on PancakeSwap on the Ethereum network. This new pair brings excellent opportunities for liquidity providers and traders in the DeFi space. Here’s everything you need to know:
Earn 1 Pill per $ in the LP
Earn 1 Pill per day for every $ you contributed in the LP provided in the USD0/USDT pool. This is a fantastic way to boost your earnings while supporting the liquidity of our new pair.
Although the UI on the Dapp is not yet integrated, rest assured that all Pills earned will be distributed retroactively, ensuring early participants are fully rewarded from the start.
Earn $CAKE Incentives
Alongside earning Pills, liquidity providers in the USD0/USDT pool will also receive $2,000 worth of $CAKE from 11 Sep 2024 to 25 Sep 2024. These extra rewards come directly from PancakeSwap, with the potential for more $CAKE if trading volumes remain strong. This makes providing liquidity even more rewarding, combining the benefits of Pills and $CAKE for maximum returns.
Earn Trading Fees
As an LP provider, you'll earn trading fees on the pair in addition to Pills. While your Pills earnings aren't impacted by the price range you set for your LP, we recommend setting it as close as possible to the current market price to maximize your trading fee earnings.
Improved Trading with USDT
As Usual's vanilla stablecoin, USD0 aims to maximize its liquidity by connecting to a wide range of assets, starting with other stablecoins. The PancakeSwap pool will be the first to reward USDT liquidity providers with USD0, following USDC, fxUSD, and GHO. This will enhance USD0's trading routes and overall liquidity, creating an even smoother USD0 minting experience.
How to Participate
Provide Liquidity: Add liquidity to the USD0/USDT pool on PancakeSwap.
Earn Rewards: Earn 1 Pill per $ in the LP and $CAKE
Join us on PancakeSwap and take advantage of these lucrative rewards and improved trading conditions. Don't miss out on the opportunity to maximize your earnings and enhance your trading experience!
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.
