Binance Launches Usual as New Launchpool Coin

Binance Launches Usual as New Launchpool Coin
BNB 2

What to Know About USUAL Coin?

Usual represents the 61st project in Binance’s Launchpool initiative. With a total supply of 4 billion coins, this project is designed to provide users with an innovative and secure way to engage with decentralized stablecoin issuance. The initial distribution phase will see 300 million USUAL coins allocated to users.

Users will be able to participate in farming USUAL coins by locking in BNB and FDUSD coins from November 15, 2024, for a four-day period, giving them the opportunity to earn rewards from both pools.

How Will Pre-Market Transactions Work?

During the farming period, participants will be able to earn rewards made up of 255 million USUAL coins from the BNB pool and 45 million USUAL coins from the FDUSD pool. USUAL will operate on the Ethereum blockchain, with an initial supply of 494.6 million coins in circulation.

Binance has set a cap of 40,000 USUAL coins per user with hourly limits for pools during the farming period. Pre-market transactions are scheduled to begin on November 19, 2024, at 13:00 UTC, where USUAL can be traded against the USDT pair. However, users should be aware that access to this trading will be subject to regional restrictions.

Key Highlights:

  • Total Supply of USUAL: 4 billion coins
  • Initial Distribution: 300 million USUAL coins
  • Farming Period: November 15, 2024
  • Maximum Allocation per User: 40,000 USUAL coins
  • Pre-Market Trading Starts: November 19, 2024, at 13:00 UTC

This strategic launch is designed to bolster Binance’s growing portfolio of digital assets while providing users with a secure and innovative trading opportunity. As Binance continues to expand its offerings, USUAL presents an exciting new project with significant potential within the crypto market.