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November 22, 2024

How to Maximize Your ME Token Airdrop Rewards!

Magic Eden has announced the highly anticipated ME token airdrop. With over $300 million up for grabs, this is going to be one of the biggest community airdrops of 2024. Here’s everything you need to know about the ME token, the requirements and how to get the most out of it.

Magic Eden Token Generation Event

The ME Foundation will be hosting a token generation event (TGE) in the coming weeks to launch the ME token. As the token of the Magic Eden platform, ME will be used for:

Staking rewards

Future airdrops

Governance voting rights

The tokenomics have been outlined with a total supply of 1 billion ME tokens.

Airdrop Allocation and Eligibility

Magic Eden has allocated 502 million ME tokens (50.2% of the total supply) to the community. Here’s the breakdown:

Initial Airdrop Claim: 12.5%

Community & Ecosystem Development: 37.7%

The airdrop will target Magic Eden’s large user base of over 2.3 million traders. This means users who have traded NFTs on Magic Eden across supported blockchains (Bitcoin, Ethereum, Solana, Polygon) are eligible. Token allocations will be weighted based on individual user activity and trading volumes.

To make the process easier, Magic Eden will release an eligibility checker. This will allow users to check their wallets and see if they are eligible for the airdrop.

How to Maximize Your ME Airdrop Rewards

Follow these steps to get the most out of the ME airdrop:

Verify Your Eligibility: Make sure your trading activity on Magic Eden meets the requirements. Trade NFTs across supported blockchains to increase your claim amount.

Set Up the ME Wallet App: The ME tokens will only be claimable via the Magic Eden mobile dApp. Download and set up the app to make the claim process smooth.

Accumulate Diamonds: Magic Eden’s rewards program gives out diamonds for buying, listing and making offers. These diamonds will affect your ME token allocation so make use of the program.

Stay Informed: Check official Magic Eden channels for tokenomics, airdrop schedules and claim process updates. Information is key to getting the most out of it.

Beware of Scams: Only follow official Magic Eden sources for information. Be wary of unsolicited messages or suspicious links claiming to have airdrop details.

Follow these and you’ll get the most out of this.

Benefits and Airdrop Impact

The ME airdrop is not just a reward – it’s a statement of Magic Eden’s commitment to its users. Here’s what the airdrop brings:

User Empowerment: Active traders and users get a share of the platform’s future, a sense of ownership and community.

More Engagement: The airdrop will incentivize trading and more users to the platform.

Governance: ME tokens will have voting rights so users can influence Magic Eden’s development.

Market Growth: ME tokens listed on major exchanges will drive interest and liquidity for the broader crypto market.

With ME tokens in staking rewards, governance and future airdrops, it will be a key player in making Magic Eden the NFT marketplace.

Conclusion

The upcoming ME airdrop is a once-in-a-lifetime opportunity for Magic Eden’s users to be part of something big in the NFT space. With $300M+ in rewards and user-driven development, Magic Eden is setting a new standard for on-chain marketplaces.

Prepare now, stay informed, and claim your stake in the future of Magic Eden.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Featured image: Decrypt

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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My Neighbor Alice’s Antonio Palma Hints At Some Massive Updates Coming Soon

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November 21, 2024

My Neighbor Alice’s Antonio Palma Hints At Some Massive Updates Coming Soon

My Neighbor Alice has emerged as one of the most popular blockchain-based metaverse games since launching in early 2023, yet its creators have much bigger plans in store. Ultimately, they aim to make MNA so much more, creating a virtual universe that goes well beyond the existing game.

That’s according to the game’s business director, Antonio Palma, who was asked about what the team has in store for users in the coming year during his appearance at the GeckoCon 2024 Web3 gaming event earlier this week.

Put on the spot during a panel discussion, Palma said he’s happy to introduce three alphas that the My Neighbor Alice team has in the pipeline, with plans to introduce them all sometime in 2025.

In order to help the game scale and grow, Palma said his team is currently working on a “new technology” that will enable My Neighbor Alice to run on any device, including mobile devices and tablets. He didn’t say much about the tech itself, but we can imagine it involves some kind of cloud-based streaming, given the game’s existing requirements for a PC running with Windows 7 OS or newer, an Intel i5-6400/Ryzen 5 1600 or superior chipset, at least 8GB of RAM and 6GB of storage space, plus an Nvidia or AMD-based GPU.

“We’re probably one of the first Web3 games to experiment with this technology, and it will allow us to have our game on any device, as opposed to only running on Windows,” Palma said.

The other aspect of the plan is to streamline the onboarding process, which currently involves way too much effort for casual gamers.

“Right now I think we have seven clicks needed to get into the game and get started, from creating a wallet, signing up etc.,” Palma said. “But we will get to just one click in. We’ve been testing it, it’s really complex technology and hopefully it’s going to be ready next year.”

Those updates should help make the game much more accessible to the kind of non-crypto-native players that My Neighbor Alice says it’s trying to attract. The game itself is designed to introduce newcomers to the world of blockchain in a way that’s fun and enjoyable, gently easing them into concepts such as NFTs, wallets and crypto.

The game can be thought of as a kind of metaverse-based virtual world, similar to something like Minecraft or Animal Crossing, and allows players to create and explore virtual worlds, collaborate with others and take part in various activities, such as buying land, building, gathering insects, farming, fishing and beekeeping.

In the game, players’ land, avatars, buildings, plants, trees, flowers and animals are all represented by NFTs, and it provides various easy-to-use tools for them to personalize their virtual worlds and manipulate the landscape. Players can buy and sell these items through the in-game marketplace, spending ALICE tokens which are earned by completing missions, collaborating with others and winning competitions. Once players have created their virtual worlds, they can also monetize them in various other ways.

Palma said the way the in-game economy works is set to undergo some big changes. He revealed very little, simply stating that “we’re testing a new economy” and that we might have something to announce regarding this and the ALICE token next year.

Last but not least, My Neighbor Alice appears keen to leverage its status as one of the most popular Web3 games by taking the opportunity to partner with various other players in the industry, which could lead to various integrations in the coming months.

“We have secured a big partnership with one of the biggest IPs in the space,” Palma said. “We haven’t announced anything yet because we are still building the experience, and we never announce stuff until we have built something first. But this is in the making and coming soon.”

Honoring Nikolai Durov: NikolAI Launches Inaugural NFT Series

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November 21, 2024

Honoring Nikolai Durov: NikolAI Launches Inaugural NFT Series

In honor of Nikolai Durov’s 44th birthday, the NikolAI project is launching its inaugural NFT series. Durov, a renowned mathematician, cryptographer, and co-founder of Telegram, has been a major inspiration for the initiative. This exclusive collection aims to pay tribute to his contributions while aiming to engage with its community in the TON blockchain ecosystem.

Blending AI and Blockchain Innovation

NikolAI ($NIKO) is a community-driven cryptocurrency inspired by Nikolai Durov’s work. It has quickly become one of the most popular AI meme coins on the TON blockchain. What sets NikolAI apart is its AI agent that actively interacts with users on platforms like X.com and Telegram. Within two weeks of its launch, $NIKO reached an all-time high fully diluted valuation of $180 million.

The upcoming NFT collection features 1,000 unique, limited-edition PFPs created using AI-generated art. Expected to be a hugely anticipated NFT drop for the TON ecosystem, the collection offers holders exclusive benefits.

To participate in the NFT mint, users need to be among the top 44% of $NIKO token holders on the TON blockchain. Those holding tokens on centralized exchanges can be transferred on-chain to ensure eligibility. The cut-off date for participation is November 28, 2024, at 23:59 UTC. After this deadline, eligible holders (the top 44%) will gain access to the free minting of these NFTs.

Having one of these NFTs is not just a digital art piece; it’s a ticket to exclusive opportunities within the NikolAI ecosystem. Holders will have a say in the project’s governance, early access to new tools, AI, and potential yield and airdrop rewards for future project developments.

As NikolAI grows, this NFT collection marks another milestone in its journey. By integrating AI-generated art with blockchain technology, the project is setting a solid foundation for future initiatives to enhance community engagement and technological innovation.

Inspired by Nikolai Durov’s achievements, the project hopes to embody a spirit of innovation and progress. According to the announcement, “NikolAI is no mere AI. Part genius, part jest, NikolAI isn’t here to simply “join” the AI wave. He is the wave.”

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

Jason Newey is a seasoned journalist specializing in NFTs, the Metaverse, and Web3 technologies. With a background in digital media and blockchain technology, he adeptly translates complex concepts into engaging, informative articles.

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How to Earn Cryptocurrency Through Gaming

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November 21, 2024

How to Earn Cryptocurrency Through Gaming

Gaming and cryptocurrency are changing the digital world by combining entertainment with financial opportunities. Play-to-earn (P2E) games have brought a new era where players get real-world value for their in-game accomplishments. Using blockchain technology, these games merge gaming and digital assets together so players can earn cryptocurrency while having fun.

What is Play-to-Earn (P2E) Gaming

P2E gaming is about getting cryptocurrency for your in-game efforts. These games use blockchain to own digital assets so in-game items and characters are valuable outside the virtual world. At the heart of P2E gaming are NFTs, unique digital assets that represent in-game items, characters or land. NFTs let you trade, sell or even lease your digital assets in decentralized marketplaces.

Blockchain provides transparency, security and decentralization which are key to building trust in these games. Cryptocurrencies are in-game currencies so players can earn and spend tokens in the game or convert to fiat money.

Popular Play-to-Earn Games

Axie Infinity

In Axie Infinity, players collect, breed and battle cute creatures called Axies. Each Axie is an NFT and players earn SLP tokens by completing missions, winning battles or participating in tournaments. Axies can be traded on marketplaces so they are valuable assets for collectors and competitors alike.

The Sandbox

The Sandbox is a virtual metaverse where players create, own and monetize gaming experiences. Using the SAND token, players can buy virtual land, build games and trade NFT-based items. This platform is user-generated content heavy so creators can profit from their work while enriching the metaverse with unique experiences.

Decentraland

Decentraland is a decentralized virtual reality experience where users can buy and develop virtual land using MANA, its native token. With a focus on social interaction, digital commerce and real estate, players can create businesses, host events or just explore the vast metaverse.

Gods Unchained

Gods Unchained is a blockchain trading card game where players collect NFT cards and use them in battles. Play-to-earn model so players can earn GODS tokens through gameplay, tournaments and trading rare cards in the marketplace.

Splinterlands

Splinterlands is a digital collectible card game on blockchain where players battle using NFT cards. Participate in tournaments or complete daily quests and earn rewards in the form of in-game tokens.

How to Get Cryptocurrency in Games

Complete Quests and Challenges: Games reward players with tokens for completing daily missions or achievements.

Trade Rare NFTs: Buying unique items, characters or land and selling them in marketplaces can be profitable.

Staking: Many games have staking programs so players can lock their tokens for passive income.

Monetize Gameplay: Platforms like Twitch or YouTube let players earn cryptocurrency tips or rewards by streaming their gameplay.

Start with Crypto Gaming

Choose a Secure Wallet: Select a cryptocurrency wallet compatible with gaming platforms, like MetaMask or Trust Wallet.

Buy Game Assets: Buy the necessary tokens or NFTs to play the game.

Understand In-Game Economics: Learn the in-game currencies, marketplaces and how the game economy works to get the most rewards.

Risks

While crypto gaming is fun, there are risks to consider:

Volatility: The value of your tokens can drop significantly.

Game Economy Decline: A game goes out of fashion and your assets are devalued.

Security: Protect your wallet and assets from scams and hacks.

Legal and Tax: Comply with local laws regarding cryptocurrency earnings.

Tips to Succeed in Crypto Gaming

Before investing time or resources in a play-to-earn (P2E) game, research the game’s economic model thoroughly. Understand how the game generates value, distributes rewards and maintains the in-game economy to know if it’s sustainable in the long term.

Stay active in forums and gaming communities as well, these are great sources of information, updates and strategies from other players. Engage with the community to stay informed about trends and opportunities in the fast evolving crypto gaming space.

To minimize risks, diversify your investments across multiple games instead of one game. This way you spread the losses and increase your chances of earning from multiple platforms.

Finally, stay updated with the latest tech advancements like blockchain scalability and virtual reality integration and regulatory changes that may affect crypto gaming. Stay informed to adapt to the changes and make the most out of the new opportunities.

Future Outlook

The future of crypto gaming is looking good with virtual reality integration and improved blockchain scalability coming soon. These will bring more immersive and accessible gaming experiences. But regulations will play a big role in the global availability and development of P2E games. Be cautious, be informed and be strategic to succeed in this new digital world.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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NBA Star Shaquille O’Neal to Pay $11 Million in Astrals NFT Lawsuit Settlement – Cryptoflies News

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November 20, 2024

NBA Star Shaquille O’Neal to Pay Million in Astrals NFT Lawsuit Settlement – Cryptoflies News

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Former basketball player Shaquille O’Neal has agreed to settle a lawsuit related to the Astrals non-fungible token (NFT) project, committing to pay $11 million. The settlement awaits court approval, which would conclude the legal dispute tied to O’Neal’s involvement in the project.

The lawsuit began last year when investors in the Astrals project accused O’Neal of promoting and selling unregistered securities.

The case revolved around Astrals NFTs, described as 10,000 “metaverse-ready 3D avatars,” and the associated Galaxy token.

While O’Neal was not directly in charge of the project, a Florida court ruled in August that he played the role of a “seller,” linking him to its promotion.

Legal issues surrounding NFTs are not new, with other high-profile figures and companies facing similar accusations.

Developing a Play-to-Earn Game: A Comprehensive Guide

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November 20, 2024

Developing a Play-to-Earn Game: A Comprehensive Guide

The industry is evolving with the play-to-earn (P2E) models, where players earn real-world value through in-game activities. This guide will walk you through the steps to build a successful P2E game.

P2E games use blockchain, players own, trade and monetize in-game assets as NFTs. Players own true assets, can sell or trade on multiple platforms.

Conceptualize and Build Your Game

First, identify your target audience and understand the market. Design gameplay that’s fun and has earning mechanics and balance entertainment value with earning potential so players will keep playing.

Choose a blockchain and implement smart contracts to secure in-game transactions. Scalability and security for a growing user base: Consider the environmental impact of your chosen blockchain, and look for energy-efficient options.

Create a sustainable tokenomics by creating in-game currencies and assets. Plan carefully to prevent inflation and maintain value, implement token burns or staking to regulate the economy and incentivize player engagement.

Economic Models and Legal Framework

Different P2E games have different tokenomics. Some use dual token systems to separate in-game currency from governance tokens to stabilize the economy. Evaluate these models to see how they impact player retention and game sustainability.

Understand regional regulations on crypto and NFTs to comply with gaming and financial laws. Address gambling and player protection concerns to build trust with the gaming community.

User Experience, Testing, Launch

Create blockchain-friendly interfaces to make the user experience smooth for new players to the tech. Build and grow a community around the game to build loyalty and gather feedback. Offer support and education to help players navigate blockchain gaming.

Test alpha and beta thoroughly to find and fix issues. Gather and implement user feedback to finalize the product. Plan a strategic launch, maybe with exclusive in-game events or rewards, to attract and retain players.

Post-Launch and Future Trends

Update content and features to keep the game fresh. Monitor and adjust the in-game economy. Engage the community with events and incentives to keep interest and attract new players.

Emerging tech like AR can change P2E games and offer new experiences. Shifts in player demographics and preferences, like mobile gaming and social interactions, will impact game development. Stay on top of these trends to innovate and adapt so your game stays relevant and fun.

Conclusion

Building P2E games has its challenges, technical, regulatory and economic. But the opportunities are big. As tech advances and the gaming community gets more familiar with blockchain, P2E games future looks bright.

By understanding the mechanics, integrating blockchain and focusing on user experience, developers can build fun and sustainable P2E games. Be ahead of the curve and tackle the challenges and you’ll be successful in this space.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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Alexis Olin’s Raffle Fundraiser for His First Exhibition | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

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November 19, 2024

Alexis Olin’s Raffle Fundraiser for His First Exhibition | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

After an inspiring week at Barcelona’s Gallery Week, where he immersed himself in over 30 galleries showcasing diverse styles and perspectives, artist Alexis Olin (@darklunni/@alexisolinart) is now ready to take the leap into hosting his own exhibition. This passion project, featuring his new abstract collection, “The Result of Habits,” explores the ways human routines shape our lives—and he’s inviting his supporters to be a part of the journey.

To fund the exhibition and bring this collection to life, Alexis is hosting a raffle fundraiser with a range of exciting rewards, including his original acrylic paintings, limited-edition prints, and exclusive branded merchandise.

Barcelona: A Catalyst for Creativity

Barcelona’s Gallery Week wasn’t just an event—it was a turning point for Alexis. Experiencing the vibrant art scene firsthand left him inspired to share his own artistic voice in a similar setting. The new collection, “The Result of Habits,” reflects on the patterns and behaviors that shape our existence, blending abstract visuals with profound commentary on humanity.

“My time in Barcelona showed me the power of art to connect with people in physical spaces,” Alexis shares. “I want to create an experience that sparks those same emotions.”

Raffle Details: Support Art, Win Big

To make this dream a reality, Alexis has launched a raffle on OpenSea, giving participants the chance to win exclusive pieces from his collection while supporting his first gallery exhibition.

How the Raffle Works

Tickets: 50 digital tickets are available for €100 (Ξ0.03) each on the Base blockchain.
Grand Prize: An original acrylic painting from the “The Result of Habits” collection.
NFT Transformation: Each ticket will later transform into a unique NFT featuring elements from the collection, making every entry a collectible.

Reward Tiers

Every ticket guarantees a reward, and the more you buy, the greater the benefits:

1 Ticket: A Limited Edition Giclée Print.
2 Tickets: A Giclée Print and a T-shirt featuring Alexis’s artwork (delivered by Métrique).
3 Tickets: A Giclée Print, T-shirt, and Hoodie from Métrique.
4+ Tickets: A bonus—a small physical painting featuring elements from the collection.

For an extraordinary option, Special Ticket #51 (€5000) includes:

An original painting (150×150 cm or multiple smaller pieces totaling €5000).
A digital NFT copy on Foundation.
Giclée Print, branded apparel, and a signed vinyl record by dOP with custom cover art painted by Alexis.

Why Participate?

This is more than a raffle—it’s a chance to help an emerging artist realize his dream of showcasing his work in a gallery. By purchasing a ticket, you’re:

Empowering Creativity: Supporting Alexis in bringing “The Result of Habits” to a physical exhibition.
Owning Unique Art: Gaining access to original paintings, limited-edition prints, and NFTs.
Joining a Vision: Becoming part of Alexis’s creative universe as he takes this bold step forward.

Join Alexis on This Journey

Inspired by the energy of Barcelona’s art scene, Alexis Olin is determined to bring his unique voice to the gallery stage. Your participation in his raffle helps make this vision possible while giving you the chance to own exclusive art and collectibles.

Get Involved:

Alexis Olin, also known as Darklunni, is a Ukrainian artist, photographer, and founder of the Métrique clothing brand. His journey in the arts spans decades and mediums, from comics and graphic novels to fine art, photography, and NFTs. Drawing inspiration from his extensive travels, particularly to France, Alexis blends traditional and contemporary elements in his work, creating a unique intersection of painting, photography, digital art, and fashion.

Recently, Alexis’s inspiring week in Barcelona’s Gallery Week, where he explored over 30 galleries, has fueled his ambition to launch a new gallery exhibition showcasing his abstract collection, “The Result of Habits.” This collection reflects on the habits that define human life, presented through his signature abstract, layered visuals.

A Life Inspired by Art

From Comics to Fine Art

Alexis’s roots in art began in the 1990s with comics and graphic novels, where his work gained recognition in Ukraine’s cult magazines like Extreme, K9, and Moloko. His fascination with the Franco-Belgian School of graphic novels and Renaissance art shaped his aesthetic, while his editorial role at the magazine K9 connected him deeply with the Ukrainian art community.

His career expanded internationally when he began exhibiting paintings and illustrations, with notable appearances at festivals and galleries in France, Spain, and Italy.

Métrique: Fashion as Art

The founding of Métrique, Alexis’s clothing brand, represents his vision to take art beyond gallery walls. By transferring his paintings and illustrations onto fabrics, Alexis creates wearable art, allowing his work to reach a broader audience.

Embracing NFTs and Digital Art

Since 2021, Alexis has embraced the NFT space, showcasing his works on platforms like SuperRare, Foundation, Nifty Gateway, and OpenSea. His approach combines traditional fine art techniques with the digital tools of blockchain technology, making his art accessible to global audiences.

His ongoing series, Nephel’s Dream, has been exhibited at notable Web3 events such as the Non Fungible Conference in Lisbon, ETH Barcelona, and NFT Factory Paris. This seamless integration of physical and digital art is a testament to Alexis’s innovative vision.

TLDR

After a transformative experience at Barcelona’s Gallery Week, Alexis Olin is hosting a raffle to fund his first exhibition, featuring his abstract collection, “The Result of Habits.” Tickets (€100/Ξ0.03) are available on OpenSea, with rewards like original paintings, NFTs, and branded apparel. Support his journey and be part of this creative milestone.

Weekly NFT Sales Volume Jumps 94% Amid Cryptocurrency Gains – Cryptoflies News

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November 19, 2024

Weekly NFT Sales Volume Jumps 94% Amid Cryptocurrency Gains – Cryptoflies News

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Non-fungible tokens (NFTs) recorded a weekly sales volume of $181 million, driven largely by gains in Bitcoin and other cryptocurrencies.

Data from CryptoSlam on November 17 revealed a 94% increase in weekly sales compared to the previous week, which stood at approximately $93 million.

Ethereum NFTs led the charts with over $70 million in sales, followed by Bitcoin with more than $60 million. Other blockchains, including Solana, Mythos, Immutable, and Polygon, collectively contributed around $45 million.

Prominent collections driving the surge included Pudgy Penguins, Milady Maker, CryptoPunks, Azuki, and Guild of Guardians Heroes.

Among significant sales, a Bitcoin-based Ordinal Maxi Biz (OMB) sold for 1.6448 BTC, valued at over $149,000. Additionally, three CryptoPunks — #1522, #189, and #7502 — sold for $143,395, $121,182, and $120,729, respectively.

The Future of Governance Tokens: $USUAL’s Balanced Approach to Growth

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November 19, 2024

The Future of Governance Tokens: $USUAL’s Balanced Approach to Growth

$USUAL: Where Yield and Governance Converge for a New Era of Tokenomics

USUAL introduces a refreshing take on governance tokens, bridging the often-uneven balance between yield generation and ecosystem growth. Backed by real cash flow and community-centric distribution, it offers users a dual benefit that many governance tokens fail to provide—steady returns and long-term value.

USUAL positions itself uniquely as both a governance and utility token with features designed to grow alongside the protocol. It’s not merely a governance token in title; USUAL grants holders access to 100% of the protocol’s revenue, grounding it in real cash flows. Unlike tokens that rely solely on speculation or short-term incentives, USUAL aligns its incentives with protocol revenue, making it a dynamic and valuable long-term asset.

Source: Usual

Scarcity is an essential component of USUAL’s appeal. As deposits in the protocol increase, USUAL’s emission rate decreases. This disinflationary issuance means the token supply doesn’t dilute over time, but rather grows in tandem with Total Value Locked (TVL). As a result, each token’s value scales with protocol growth, creating a stable foundation for holders.

USUAL’s distribution model ensures that the community remains the primary beneficiary of the protocol’s success. Ninety percent of USUAL tokens are allocated to the community, with just 10% going to team members and early investors. This allocation protects users from excessive insider influence, creating a fairer, more equitable structure that promotes sustained participation and ecosystem trust.

USUAL’s utility extends beyond governance through its staking feature, where holders can activate governance rights and earn a portion of newly issued USUAL tokens. Staking incentives, along with a gauge mechanism that helps optimize liquidity distribution, encourage holders to engage actively with the protocol, bolstering long-term stability.

usual utility

Source: Usual

In Q1 2025, USUAL will enable a new feature, allowing users to burn a portion of their tokens to unlock staked USD0 (USD0++), enhancing liquidity and flexibility for stakers. This option expands USUAL’s utility while balancing supply and demand dynamics within the protocol.

USUAL’s design addresses the shortcomings common in most governance tokens. Unlike many tokens that mimic existing models, USUAL’s value directly correlates with protocol revenue growth. Its issuance model is carefully calibrated to maintain inflation rates below revenue growth, linking token value to tangible cash flows. This structure allows for meaningful, sustained value for those invested in the protocol’s long-term vision.

The $USUAL emission model is particularly strategic, designed to control token issuance based on TVL growth and interest rates of assets backing USD0. This structure minimizes inflation, protecting early adopters from dilution while preserving value for long-term holders. By capping emissions and adjusting issuance rates based on TVL growth, USUAL maintains intrinsic value, ensuring that each token represents a growing portion of the protocol’s revenue.

This model ultimately benefits users who contribute to protocol growth and underscores USUAL’s commitment to fair value distribution. Emission is kept significantly below treasury growth, preventing excessive inflation and aligning incentives within the ecosystem.

USUAL’s governance model empowers holders with control over treasury and collateral management, setting it apart from many governance tokens that offer limited utility beyond token holding. Through staking, USUAL holders influence key financial decisions, ensuring that treasury management aligns with the community’s vision. This level of transparency and control fosters a sense of ownership and long-term commitment among users.

The protocol’s roadmap includes expanded utility, with future implementations offering holders greater access to earnings per token. As TVL increases, the token value naturally scales upward, directly correlating with the protocol’s financial success. The USUAL model is designed to attract long-term participants, encouraging sustainable growth rather than incentivizing short-term gains.

USUAL’s tokenomics model reflects a sustainable approach, where token supply growth is tied to ecosystem expansion. This prevents excessive inflation and ensures a balanced distribution of rewards to those driving the protocol’s success. By aligning governance and utility features, USUAL’s framework supports a stable ecosystem for growth and collaboration.

With USUAL, holders gain an opportunity to participate in a governance model that rewards commitment to protocol growth and provides tangible, sustained value. It’s a community-focused model that prioritizes users over insiders, setting a new standard for governance tokens.