Don't miss your chance to earn exclusive pre-launch points (Pills) and secure your share of the upcoming USUAL token airdrop—join the Usual Pills campaign now!
Usual
Progress mission: 0 of 3
Rewards
Past rewards
$500 $24,500
Details
Minimal cost
~$20
Minimum deposit
$500
Time required
20 min.
Category
Mainnet
Rating
5/10
Risk
Medium
The "Usual Pills" campaign was launched during Q3 2024. It allows participants to earn Pills. These represent points before the launch of the USUAL governance token. You can collect the Pills by engaging in activities on the platform. The amount of Pills you accumulate will determine how many USUAL tokens you’ll receive during the airdrop.
When the token is created in Q4 2024, 7.5% will be distributed to the participants of the campaign. As the campaign ends by mid-November, this is still a good time to explore the Usual protocol, engage with it, and earn Pills for future rewards.
Pros & Cons
Why is it worth it?
Strong Financial Backing
The project is well-supported. It has raised $7 million and gained $75 million in TVL commitments from major investors like Kraken Ventures. This gives the platform credibility and potential for long-term growth, reassuring you about the project’s stability.
Multiple Ways to Earn and Compounding Rewards
You can earn Pills through different activities, including holding specific tokens, interacting with partner protocols, and referring others. Plus, you continue to earn daily rewards (3 Pills per USD) by holding your assets. This mean you’re compounding your gains over time.
Risks to consider
High Average Investment Requirement
With 358 million TVL and 12,280 holders, the average deposit per user is around $29,000. This suggests that the platform may be more suitable for larger investors, which could be a barrier if you have limited capital to commit.
Market and Token Volatility
Although you earn Pills now, the future value of USUAL tokens is uncertain and subject to market volatility after launch. This means your rewards could fluctuate in value, adding risk to your investment.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Connect your wallet with an invite code: You’ll need to connect your wallet to the Usual platform and use the invite code. If you don’t want to search for the code, use the one we’ve mentioned in our Mission 1 below. This step unlocks access to the platform and starts your participation.
- Deposit tokens to mint USD0: To get USD0, deposit tokens like USDT. USDT is a stablecoin you can use to mint USD0. Without this step, you won’t be able to move on to the next part.
- Exchange USD0 for USD0++ to earn Pills: Once you have USD0, swap it for USD0++. You’ll get Pills immediately for every USD you spend. For every USD, you’ll earn 1 Pill instantly. Plus, you’ll keep earning 3 Pills per USD daily as long as you hold USD0++.
- Earn more Pills by using partner protocols: Although optional, using partner protocols gives you more Pills. These protocols offer rewards based on the activity. Some give between 1 to 3 Pills per USD daily. Keep in mind that using them means deploying extra funds.
- Refer others to earn more Pills: Share your referral code with friends. You’ll get a 10% bonus on all the Pills your referees earn. You can also earn additional bonuses from referrals made by people you invited.