Jan. 7 could mark a turning point, as Usual plans to activate the token fee switch for real value sharing.
The real-world asset stable coin protocol Usual (USUAL) has recently hinted at the activation of its token fee switch.
The fee switch era begins.
2025 marks a turning point for DeFi: real value, real distribution.
Get your USUAL ready for January 7th.
A new year, a new standard. Let’s make 2025 the year of USUAL. pic.twitter.com/kXQXTrinjK
— Usual (@usualmoney) January 1, 2025
This announcement comes at a pivotal time for USUAL, as the protocol has experienced a notable decline in its recent market performance.
USUAL 1D price chart | Source: Coinmarketcap
The current price of USUAL is $0.91, reflects a 29.86% drop from the previous week. The current market capitalization stands at approximately $447.9 million, with a 24-hour trading volume of around $261.46 million. This represents a substantial decline from the token’s all-time high of $1.62, which was reached on Dec. 20, 2024.
You might also like: Binance Labs, Kraken Ventures back $10m round for stablecoin issuer Usual
The activation of the fee switch is anticipated to introduce a new revenue-sharing model within the Usual ecosystem, potentially providing token holders with a share of the protocol’s transaction fees. This move aims to enhance token utility and attract more participants to the platform.
Fee switches have become a big trend in the DeFi space, turning passive token ownership into a more rewarding experience. They allow for the redistribution of collected fees to key stakeholders, such as liquidity providers, stakers, and token holders, creating stronger incentives for participation and retention.
For USUAL and its community, the Jan. 7, 2025 activation of the fee switch could mark the beginning of a new era where real value and distribution take precedence, setting a new standard for success in the DeFi ecosystem.
You might also like: Binance will launch USUAL stablecoin on Nov. 19
