Before diving into the following details, please review the information at the link below dedicated to the $USUAL token – different from USUAL*. This will ensure you have a comprehensive understanding of Usual protocol's unique characteristics and distinguishing features:

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USUAL allocation (before the Strategic round):*

USUAL* Description

USUAL* is the genesis token of the Usual protocol, designed to finance the protocol’s creation and endowed with specific rights distinct from the USUAL token.

Initially allocated to investors, team, contributors, and advisors, USUAL* introduces a tokenomics model aimed at safeguarding the community and the broader distribution framework from the adverse effects typically associated with insider vesting.

USUAL* has a fixed supply of 360M tokens issued at TGE. Unlike USUAL, whose circulating supply increases daily, USUAL* has an anti-dilution mechanism that ensures perfect alignment between the protocol's success—reflected in its cash flows—and the value of the USUAL* token.

USUAL* Cash Flows

USUAL* is designed to capture a portion of the protocol's cash flows through USUAL initial issuance & fees collected by the protocol during USD0++ & USUAL unstaking. This mechanism allows for assigning real value to USUAL* while avoiding the mechanisms where vestings have deleterious effects on tokens. These rights will be guaranteed by the DAO.

• Seigniorage Rights (subject to 1-y cliff): Staked USUAL* are entitled to 10% of all USUAL tokens minted through distributions, while the remaining 90% is directed to the community.
• 50% Fee Redistribution (uncliffed): USUAL* and staked USUAL holders equally share all the fees generated, including fees from USUAL staking exits, unclaimed airdrop rewards, and USUAL tokens returned during the USD0++ Early Redemption etc...

In essence, staked USUAL and USUAL* get access to identical cash flows, but USUAL* is safeguarded against future dilution due to its fixed supply