PANews reported on March 20 that the Snapshot voting page showed that the RWA stablecoin project Usual initiated a proposal vote in the community to "pledge Usual DAO treasury assets to USUALx", and the voting will end on March 23.
The proposal reads: The Usual DAO Treasury currently holds USUAL tokens accumulated from early redemption fees for USD0++. Half of these tokens will be allocated to future USUALx holders for redistribution. However, these tokens remain unstaked, which results in dilution of value for existing USUALx stakers as new tokens continue to be issued. This proposal seeks to stake the portion of USUAL tokens in the treasury that belong to USUALx holders (approximately 37.6 million USUAL) into the USUALx staking contract. This ensures that these tokens actively maintain their value in the staking mechanism rather than being passively diluted. The principal and any rewards (USD0 + USUAL) from staking will eventually be redistributed to USUALx holders. This is purely a temporary measure to protect the value of these assets while awaiting redistribution, which is scheduled to take place no later than December 31, 2025.
