TechFlow reports on January 13 that, according to official announcements, Usual has activated the revenue conversion feature for USUALx holders, and the 1:1 early unstaking function will go live tomorrow. Users holding USUALx positions this week will receive last week's collateral income distribution, with 100% of collateral earnings distributed weekly to USUAL stakers in the form of USD0.
The new early unstaking mechanism allows users to receive up to 180 days' worth of USUAL token rewards, with a portion of tokens being burned and reallocated. Usual emphasized that its commitment to preventing bad debt in curator-related markets has been fulfilled, with all proceeds flowing to the DAO and data verifiable on-chain. Additionally, the activation of rewards for the new Morpho USD0/USD0++ LP market will be delayed by one day, with eligible borrowers receiving rewards via disperse within one week.
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