Why Level?
Level provides a powerful new use case for stablecoins that improves the status quo for all stakeholders in the shared security ecosystem.
Last updated
Level provides a powerful new use case for stablecoins that improves the status quo for all stakeholders in the shared security ecosystem.
Last updated
Stakeholders | Value |
---|---|
USDT Holders
Stackable: use the same capital to earn yield from multiple networks at once
Stable: Unlike most LRTs, Level USD (lvlUSD) is backed by stablecoins, which means you can earn restaking yield without holding ETH
Simple: Level removes the complexity of operating decentralized networks from your plate
Composable: lvlUSD can be used across DeFi to trade, speculate, and hold value
Decentralized networks
Cost: Level makes security cheaper by unlocking a new class of restakable assets
Predictable: Level makes it easier to predict how much to pay for security
Capital efficient: Level provides security without needing to account for volatility