Airdrop Details

Information Details
Airdrop Type Retroactive
Total Airdrop Amount 7.5% of the Fully Diluted Valuation (FDV)
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot Mid-November 2024
Claiming Started 18 December 2024
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

Users earn eligibility for the airdrop based on their accumulation of Usual Pills, which are pre-launch points distributed through various activities within the Usual protocol. The more Pills a user collects, the greater their share of the $USUAL airdrop.

Ways to Earn Pills:

  • Issuing USD0++ on the primary market (5 Pills per USD0++)
  • Holding USD0++ (3 Pills daily)
  • Providing Liquidity on Curve
    • USD0/USD0++ LP (3 Pills daily)
    • USD0/FXUSD LP (1 Pill daily)
  • Providing Liquidity on Balancer & Maverick
    • USD0/GHO LP (1 Pill daily)
  • Using Morpho
    • Posting USD0++ collateral (3 Pills daily)
    • Holding USD0/USD0++ LP collateral (3 Pills daily)
    • Depositing USDC (1 Pill daily)
  • Using Pendle
    • Holding USD0++ Yield Tokens (3 Pills daily)
    • Holding Pendle LP (3 Pills daily)

Additional Bonus Pills are distributed based on USD0++ issuance, with 5 Pills shared across different user groups.

Multipliers and Boosts:

  • Final Boost: Users accumulate a daily multiplier (+2% per day) that can reach over 10x at the end of the pre-launch phase.
  • Boost Catchup: Latecomers can regain the maximum boost through temporary DeFi integrations.

Additional Information

  • 98.5% of wallets can claim their full rewards immediately.
  • The top 1.5% of holders can choose between immediate liquidity (DAO contribution) or gradual vesting for long-term alignment.
  • Daily Rewards: Users can now claim USUAL rewards daily, with a 7-day verification period.
  • Community Bonus: Special bonuses for large DeFi communities like Turtle Club, Dewhales, and Benmo.
  • Referral Program: Earn 10% of referees’ Pills plus 1% or 0.5% from second-level referrals.