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The Usual community has released the UIP-6 proposal, suggesting to raise the lower limit of USD0++ to 0.92 dollars

The Usual community has released the UIP-6 proposal, suggesting to raise the lower limit of USD0++ to 0.92 dollars

Bitget2025/04/04 07:09

The RWA stablecoin issuer, Usual Community, has released the UIP-6 proposal titled "Maximizing Value for USUALx Holders", suggesting to raise the floor price of USD0++ from $0.87 to $0.92 and redistribute 47 million USUAL tokens collected from early redemptions to USUALx holders before the second quarter of 2025. The proposal points out that the USUALx ecosystem is facing unfair arbitrage issues which cause an estimated annual revenue loss of $11.1 million through early redemption mechanisms, reducing the value of USUALx by about 22%.

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