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2024年10月28日

Usual furthers automated Looping with Contango

Usual furthers automated Looping with Contango

We’re excited to announce that Usual has integrated with Contango to further support fast looping and leverage for the Morpho USD0++/USDC market. This integration simplifies access to Usual by automating looping, allowing users to easily maximize their USD0++ positions as collateral, increase Pills rewards, and earn more yield.

Maintaining Incentives on Contango

All incentives available on Morpho remain the same for Contango users, including:

  • 3 Pills/day per USD0++ used as collateral

  • Boost Catchup, allowing users to maximize Pills rewards even if they join later

  • Additional rewards such as MORPHO tokens

Empowering Usual with Automation and Accessibility

With Contango’s innovative solutions, users can now engage in fast, automated looping, lowering the barrier of entry and simplifying the process of leveraging their USD0++ assets. This partnership is another step in Usual’s commitment to supporting automation, enhancing usability, and making DeFi accessible to a broader audience.

By leveraging Contango’s platform, we’re helping users access more opportunities within Usual’s ecosystem while promoting efficient, secure methods for maximizing returns. Usual and Contango are redefining automation in DeFi, ensuring seamless access for both newcomers and seasoned DeFi enthusiasts.

What is Usual?

Usual is a safe, transparent, and decentralized stablecoin protocol that redistributes ownership and value through its governance token, USUAL, as yield. It decentralizes traditional fiat-backed stablecoins, offering a higher-quality alternative like USD0, which is fully backed and more secure. Through USUAL, users not only earn yield but also gain governance rights, aligning them with the protocol’s success and providing ownership over its future.

Why Collect Pills?

Pills are Usual’s point system, used to determine airdrop rewards in November, where 7.5% of USUAL tokens will be distributed to Pill holders. By participating in pre-launch activities across top Ethereum protocols, you can accumulate Pills, transforming from a user into an owner. Learn more about maximizing Pills by checking the Pills Campaign Rules.

Usual’s Top Integrations

Usual is already integrated with leading Ethereum protocols, offering rewarded positions to supercharge your Pills experience:

Join Usual today and help build a more decentralized, user-focused financial future. Don’t miss your chance to be part of this movement!