What is Level XP

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.

The contract that users deposit lvlUSD and Curve LP tokens is a fork of Ethena's LP Staking Pool, a contract that has secured over $200m in TVL. The contract to deposit all other assets is a fork of Zircuit's Restaking Pool, a contract that has secured over $1.5B in TVL, with some slight modifications.

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. Users should start accruing XP very soon after depositing.

Withdrawing

Users can withdraw their assets at any time without losing their XP.

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.