Frequently Asked Questions about Usual Money

Usual Money is a secure, decentralized fiat stablecoin protocol that issues RWA-backed stablecoins and redistributes ownership and governance through the USUAL token. The protocol collects yield from Real World Assets such as US Treasury bills and institutional money market instruments, then redistributes that yield to protocol participants. Unlike traditional stablecoin issuers that keep all yield for themselves, Usual Money shares value with the community through its tokenomics model — ensuring that as the protocol grows, so does the benefit to its holders.

Usual Money currently offers three base stablecoins: USD0 (US dollar–backed, collateralized by RWAs), EUR0 (Euro-backed, institutional-grade), and ETH0 (productive ETH exposure). Each base stablecoin has a savings variant — sUSD0 and sEUR0 — offering risk-free yield, as well as bond variants (bUSD0, bEUR0, bETH0) that provide up to 4.5% APY through long-term protocol alignment. Alpha variants (USD0a, EUR0a, ETH0a) offer enhanced earnings in delta-neutral strategies.

Usual Money maintains over 100% collateralization at all times. The protocol's TVL and collateralization ratio are publicly tracked on Dune Analytics, Token Terminal and DefiLlama — anyone can verify the backing in real time. Collateral assets include institutional-grade instruments such as USYC (Hashnote), $M (M0 Foundation), and other RWA tokens. Smart contracts have been audited by leading blockchain security firms. The Usual Money Usual Success Module also shows TVL progression goals alongside trusted external benchmarks.

USUAL is your on-chain share of the Usual Money economy. It is automatically earned whenever you help grow Usual Money's products. You can hold USUAL to own a slice of protocol value, or stake it to receive USUALx — unlocking full governance rights and a weekly USD0 revenue share when you lock USUALx. Key metrics: the Protocol Treasury holds approximately $19.4M, Market Cap is around $21.1M, Buyback Power stands at 92%, and Staked Supply is approximately 47%. Staking APY is currently 14%.

USUALx is the staked version of USUAL. When you stake your USUAL tokens through the Usual Money interface, you receive USUALx in return. USUALx holders gain two key benefits: (1) Governance rights — the ability to participate in protocol decisions and vote on proposals; (2) Weekly USD0 revenue share — a direct distribution from the protocol's RWA-generated income. The locking mechanism further incentivizes long-term commitment, offering up to 29% APY on combined USUAL + USD0 rewards.

Usual Money offers three distinct earn modes tailored to different risk appetites:

Savings — Risk-free yield built for retail and DeFi-native users. sUSD0 offers ~4% APY, sEUR0 ~3.5% APY, and ETH0 ~2.5% APY in USUAL rewards.

Alpha — Enhanced earnings for users balancing risk with higher returns in delta-neutral strategies. USD0a offers ~3.7% APY. EUR0a and ETH0a variants are coming soon.

Bonds — Ownership rewards for users seeking returns through long-term protocol alignment. bUSD0 offers up to 4.5% APY. Additional bond variants coming soon.

Beyond Usual Money's native products, the ecosystem supports additional DeFi yield opportunities: USUALx (staking on Usual Money: 14% USUAL APY + 29% USD0 APY), bUSD0/USD0 on Uniswap (4.9% USUAL APY + 0.1% Uniswap fees), USD0/USDC on Uniswap (4.6% USUAL APY + 1% fees), ETH0 on Morpho (2.5–36% USUAL APY), and bUSD0 (UZR) on Fira (21% APR with June 2028 maturity). These integrations extend Usual Money's reach across the broader DeFi ecosystem.

Getting started with Usual Money is straightforward: (1) Connect your Web3 wallet (MetaMask, Coinbase Wallet, WalletConnect, etc.) on the Usual Money app; (2) Swap your USDC, EURC or ETH for USD0, EUR0 or ETH0 respectively; (3) Choose your earn mode — deposit into sUSD0 for risk-free savings, bUSD0 for bond-style ownership yield, or USD0a for alpha strategies; (4) Optionally swap for USUAL and stake it to receive USUALx and governance rights. All steps happen on-chain with full transparency.

You can find detailed documentation and resources about Usual Money across several channels: the official documentation at docs.usual.money covers all protocol mechanics in depth. Community and governance discussions happen on Discord and X (Twitter). On-chain analytics are available on Dune Analytics, Token Terminal and DefiLlama. For announcements and articles, follow Usual Money on Mirror and Telegram. The Usual Money team is also active on LinkedIn and Galxe for ecosystem campaigns.