Usual: Token fee switch to be turned on by Feb. 1
Usual has announced the launch of a Fee Switch that will distribute protocol revenue directly to $USUAL pledgers. The current annualized yield is 275% (42% USD0, 233% USUAL) and monthly revenues are expected to reach $5 million. Activation is conditional on more than 50% of USUAL tokens being pledged as USUALx, or automatic February 1, 2025 activation. Rewards are limited to full-month holders only and long-term pledges are encouraged.
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