Usual is a fiat-backed stablecoin protocol that plans to launch USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs), and USUAL, a governance token that allows the community to guide the future evolution of the network. Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.
Swaap is an Automated Market Maker (AMM) that is market neutral. It uses a combination of oracles and dynamic spread to offer sustainable yields to liquidity providers and lower prices to traders.
