Usual announces that the 1:1 early release of pledge function will be launched tomorrow
According to BlockBeats, on January 13th, Usual officially announced that the income conversion function for USUALx holders has been activated starting today. Users who hold USUALx positions this week will be eligible for last week's collateral income distribution. 1: The early release of pledge function will be launched tomorrow, along with all relevant rules, allowing users to choose between farm and release pledge strategies. In the Usual ecosystem, income redistribution operations are transparent and simple: 1. 90% of the USUAL token supply is allocated to the community. 2. 100% of the collateral income is distributed weekly to USUAL stakers and rewarded with USD0. The detailed document regarding the allocation mechanism will be released this week. A new pledge mechanism will soon be introduced, aimed at creating a more autonomous and elegant redistribution system. Weekly reports will also be released to enable everyone to verify on chain revenue.