Usual Protocol to activate ‘revenue switch’ after USD0++ depegs – Cointelegraph
Decentralized finance (DeFi) stablecoin issuer Usual Protocol responded to community backlash on Friday, January 11 after its staked stablecoin USD0++ was sharply pegged from $1. . On January 9, USD0++ fell to $0.89 and then reached $0.92 following the introduction of a new price floor mechanism and exit option. The protocol's team has now introduced […]