Binance has announced the listing of Usual (USUAL), a new decentralized fiat stablecoin issuer, as the 61st project on its Launchpool. This makes Binance the first platform to introduce USUAL, with Pre-Market trading set to begin on November 19, 2024, at 10:00 UTC. Users should exercise caution, as any pre-listing sales are likely fraudulent.
Launchpool Farming and Pre-Market Trading
The USUAL Launchpool will begin on November 15, 2024, at 00:00 UTC, allowing Binance users to farm USUAL by staking BNB and FDUSD in supported pools. The farming period will last four days, ending on November 18, 2024, at 23:59 UTC.
Details for Pre-Market trading include:
- Trading Pair: USUAL/USDT
- Pre-Market Limit: 40,000 USUAL per user
- The exact timeline for the end of Pre-Market and the official spot listing will be announced later.
USUAL Token Details
- Token Supply: 4,000,000,000 USUAL
- Launchpool Token Rewards: 300,000,000 USUAL (7.5% of total supply)
- Initial Circulating Supply: 494,600,000 USUAL (12.37% of total supply)
- Network: Ethereum (contract: 0x430a2712cEFaaC8cb66E9cb29fF267CFcfA38a42)
Launchpool Pools and Rewards
Participants can stake in the following pools, with an hourly cap of 265,625 USUAL in the BNB pool and 46,875 USUAL in the FDUSD pool:
- BNB Pool: 255,000,000 USUAL in rewards (85%)
- FDUSD Pool: 45,000,000 USUAL in rewards (15%)
KYC verification is required for participation. Full Launchpool terms and additional details will be available on Binance’s website soon.
