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How to Stake lvlUSD

Stake lvlUSD, Earn Yield and Get slvlUSD

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Last updated 3 days ago

You can stake lvlUSD to earn yield generated by the Level protocol and get slvlUSD.

To stake lvlUSD, you must own it first. Please refer to this guide to buy lvlUSD.

Step 1. Visit https://app.level.money/earn

Step 2. In the right-side panel, ensure the "Stake" tab is selected. Enter the amount of lvlUSD you wish to stake, then check the box acknowledging the 7-day cooldown period for unstaking slvlUSD. Finally, click "Increase Allowance" to proceed and confirm the transaction in your wallet.

Step 3. After the allowance increase transaction is confirmed, click the "Stake lvlUSD" button and approve the transaction in your wallet.

Step 4. Wait for the purchase transaction to confirm. Congratulations! You now own slvlUSD and will begin earning yield. A popup will highlight different ways to use your slvlUSD.

The "Earn" dashboard will also update to display your current slvlUSD balance.