# What is Level XP

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Level is now in redeem-only mode. Please visit <https://app.level.money/farm?tab=withdraw> to remove your funds
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As a decentralized protocol, Level's power comes from its community. Level XP is a way for community members to measure their contributions to the protocol.

## Earning XP

The simplest way to earn XP is to deposit accepted assets into the XP Farm on the Level Dashboard.&#x20;

The contract that users deposit lvlUSD and Curve LP tokens is a fork of [Ethena's LP Staking Pool](https://etherscan.io/address/0x8707f238936c12c309bfc2b9959c35828acfc512), a contract that has secured over $200m in TVL. The contract to deposit all other assets is a fork of [Zircuit's Restaking Pool](https://etherscan.io/address/0xf047ab4c75cebf0eb9ed34ae2c186f3611aeafa6#code), a contract that has secured over $1.5B in TVL, with some slight modifications.&#x20;

Users retain full custody of the assets in the contract. Admins of this contract will never have access to user funds, and users can withdraw at any time.

## Depositing

Users can deposit assets on the [Level app](https://app.level.money/farm). Users should start accruing XP very soon after depositing.&#x20;

## Withdrawing

Users can withdraw their assets at any time without losing their XP.&#x20;

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Users who deposit lvlUSD or lvlUSD/USDC Curve LP tokens will need to wait for a cooldown period to pass before claiming. The current cooldown period is 7 days. Users who withdraw will not continue to receive XP during the cooldown period.
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