Community Debate Over Tokenomics of USUAL – New Launchpool Project on Binance

avatar
All-in station
4 hours ago
This article is machine translated
Show original

The community is debating the plan to allocate USUAL tokens when repeating the unfair scandal of SCR.

Binance

USUAL - a newly announced project that will be the next Binance Launchpool has announced an allocation of 7.5% of the total supply for participants in the Binance Launchpool. This figure is equivalent to and may even exceed the reward level for the Airdrop program that the project has announced for the community.

Specifically, the Airdrop program of the Usual Pills project has been running since mid-July and is about to end. In the previous announcement, the project will allocate 7.5% of the total supply as a reward for users participating in this program. However, according to the latest information, this figure may be adjusted to 5%, lower than the 7.5% allocation for the Binance Launchpool.

This has angered users as there are rumors that this number, as they believe that most of the people who have supported the project during the 4-month Usual Pills are unlikely to earn much. In addition, a small number of users will receive the majority of the total reward tokens.

Many even compare it to the previous Launchpool project Scroll (SCR) when the scenario is unfolding just like what Scroll has done to their community.

Usual is a stablecoin issuance platform on the Ethereum network, providing users with the opportunity to stake assets and receive the USD0 stablecoin. Usual aims to become a safe and transparent stablecoin platform, while helping users optimize their profits from holding assets through a diverse and efficient financial product suite.

Binance has announced that USUAL will appear on their 61st Launchpool with 300,000,000 USUAL tokens, and Binance users will have 4 days to share this 300,000,000 tokens. USUAL has not officially announced the end of Usual Pills, but with the allocation level as publicly disclosed in UsualDocs, the project is likely to receive a lot of negative reactions from the community.

usual
The allocation level announced by the project about USUAL tokens on UsualDocs

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments