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Binance has announced the 61st project on Binance Launchpool, Usual ($USUAL), a decentralized fiat stablecoin issuer. The project will begin its farming phase on November 15, 2024, at 00:00 (UTC) and will continue until November 18, 2024. During this time, users can lock their $BNB and $FDUSD to earn $USUAL token airdrops. The total value of the Launchpool farming will be 300,000,000 $USUAL which will represent 7.5% of the total tokens in circulation.
Binance Set to List USUAL Token with Initial Circulating Supply of 494M
Binance will be the first one to list USUAL. The Pre-Market trading for the USUAL/USDT pair will start on November 19, 2024, at 10:00 (UTC). The Pre-Market will enable users to trade on the token before it is actually listed on the exchange. However, Binance has cautioned that any efforts to sell USUAL prior to this time are most probably scams. People are encouraged to conduct their research in order to safeguard their money.
Total tokens of USUAL will be 4,000,000,000 and the initial circulating supply is 494M which is 12.37% of the total tokens. The USUAL token will be an Ethereum token and the smart contract address for the token is 0x430a2712cEFaaC8cb66E9cb29fF267CFcfA38a42.
This project is expected to deliver good returns keeping in view the timing of its launch. Currently the market sentiment is good as Bitcoin is recording new all-time highs and alts are following.
BNB Pool Rewards 85% of Total USUAL Tokens in Binance Launchpool
For users, Binance has set the holding limit to 40,000 USUAL to allow those who want to participate to do so easily. The farming pools include two options: a BNB pool with rewards of 255000000 USUAL which is 85% of the total rewards and an FDUSD pool with rewards of 45000000 USUAL which is 15% of the total rewards. Additionally, there are hourly hard caps per user for each pool. For BNB, there are 265,625 USUAL in the pool and 46,875 USUAL in the FDUSD pool.
Trading in the Binance Pre-Market will be based on the user’s country or region of residence making it eligible for participation. Binance will release more information concerning the Pre-Market end time and spot listing in the future.