Usual community releases UIP-4 improvement proposal vote on pledging Usual DAO treasury assets to USUALx
According to Foresight News, RWA stablecoin issuer Usual community has released a vote on the UIP-4 improvement proposal to pledge Usual DAO treasury assets to USUALx. The vote will end on March 23rd. The proposal includes pledging the portion of USUALs (approximately 37.6 million) held by Caiku that belong to USUALx holders to the USUALx pledge contract. The pledged principal and any rewards (USD0 and USUAL) will ultimately be redistributed to USUALx holders. Foresight News previously reported that the Usual UIP3 vote has ended, and the proposal initiated by core contributors of Usual Labs, "Usual DAO Treasury Assets Pledged to USUALx," has been rejected.