The Commonal community issues a UIP-6 proposal, proposing to raise the USD0 ++ lower limit to $0.92
2025-04-04 06:03:16
The RWA stablecoin issuer, Commonal Community, has released the "Maximizing Value for USUALx Holders" UIP-6 Proposal, which proposes to increase the floor price of USD0 ++ from $0.87 to $0.92 and redistribute the 47 million USUAL tokens collected since early redemption to USUALx holders by the second quarter of 2025. The proposal states that the USUALx ecosystem faces unfair arbitrage issues, with an estimated $11.1 million in lost revenue annually through the early redemption mechanism, reducing the value of USUALx by approximately 22%.
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