📢 USD0a is now live — Enhanced Yield on Usual

$USD0a is now available in the app, allowing everyone to expose their USD0 to a new, more profitable delta-neutral strategy. Additionally, USD0a can be minted with other stablecoins including USDC.

Unlike USD0, whose collateral is exposed to short-term T-Bills, USD0a directs its collateral toward a hybrid strategy composed of regulated products and delta-neutral strategies offered by various regulated actors such as Superstate. The majority of the yield generated comes from arbitrage strategies between fixed-maturity futures and spot prices. This arbitrage creates yield opportunities that can beat the risk-free yield rate.

The experience is intentionally simple. You mint with USD0 or USDC, and the system follows the same mechanisms every time. When liquidity is available, redemptions in USD0 or USDC settle immediately. When activity is higher, withdrawals go through a short documented queue that maintains the order of the process without compromising the user experience.

The yield increases the token's value, reflecting the value generated each day.

USD0a exists autonomously within the ecosystem. It does not depend on USD0 in its fundamental flows; rather, it introduces a dedicated yield path for users seeking stability, both in returns and in mechanics. The valuation model is transparent, the behavior is predictable, and the yield source is clear from end to end.

You can mint USD0a now at: http://usual.money