Architecture

There are three high-level components to Level USD's design:

  1. Issuance: the contract(s) that are responsible for minting/redeeming lvlUSD with allowlisted collateral

  2. Base Yield: the contracts that stake underlying collateral into a base yield layer like Aave

  3. Restaking: the contracts that manage restaking the underlying collateral onto restaking protocols like Eigenlayer, Symbiotic, and Karak

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