PANews reported on April 17 that the Snapshot voting page showed that the Usual community has opened the "Early Redemption Fee Redistribution" UIP-7 proposal voting, and the voting will end on April 18. The proposal is a natural continuation of UIP-6, which aims to complete the redistribution of USUAL tokens collected from early redemption fees. According to community approval, 134 million USUAL tokens will be distributed as follows: 67 million USUAL to USUALx holders; 67 million USUAL to USUAL* holders. Among them, the first 47 million in each group correspond to the early redemption fees mentioned and approved in UIP-6. This part will be distributed in the coming weeks through the time-weighted average position (TWAP) system, rewarding stakers based on the size and stability of their holdings since January 19, 2025. The remaining 20 million in each group are accumulated due to continued early redemption activities after the passage of UIP-6. This newer portion of shares will be distributed towards the end of the redistribution period based on loyalty criteria, with a focus on rewarding holders who remain in position and do not sell their allocated rewards. TWAP-based distributions will occur regularly from the date of approval of this proposal until the end of June 2025, fully following the schedule defined in UIP-6.
The Usual community is voting on the "early redemption fee reallocation" proposal
- 2025-05-03
Usual distributes 8.25 million USUALx to USUALx holders
- 2025-03-20
The Usual community initiated a vote on the proposal to "stake Usual DAO treasury assets to USUALx"
- 2025-02-26
Crypto market rebounds after sharp drop, AI Agents sector leads the way with a 13.39% gain
- 2025-01-25
Usual: USL to strengthen USD0++ and support the Usual ecosystem
- 2025-01-16
In-depth analysis of Usual: The “trick” behind USD0++ decoupling and revolving loan liquidation
- 2025-01-15
USUAL's conspiracy and conspiracy