Usual: The token fee switch is expected to be activated before February 1

ChainCatcher message, Usual announced on social media the launch of the "Revenue Switch" mechanism, which will directly distribute protocol revenue to $USUAL stakers. The activation condition is that over 50% of $USUAL is staked as USUALx, or it will automatically start on February 1, 2025.

Once the mechanism is activated, up to $5 million in protocol revenue will be distributed entirely in USD0 to USUALx stakers each month. Rewards are only available to users who continuously stake throughout the entire monthly cycle; withdrawing in the middle will result in the loss of eligibility for that period's earnings. Currently, the protocol has generated over $20 million in revenue awaiting distribution.