lvlUSD: Key Use Cases

Optimize Yield and Capital Efficiency

  • Stake lvlUSD to earn yield and receive slvlUSD in return.

  • slvlUSD is a staked, yield-bearing version that earns the base yield generated by depositing USDT and USDC in lending protocols.

  • There is a 7-day cooldown period for unstaking lvlUSD.

Farming Level XP

  • Earn XP by depositing lvlUSD into the Level farm.

  • There is a 7-day cooldown period when withdrawing lvlUSD from the farm. You will not be able to withdraw your lvlUSD until the cooldown period has passed.

  • See the details here.

Providing Liquidity on Curve Pools

  • Supply liquidity to the lvlUSD-USDC or the slvlUSD-lvlUSD Curve pools.

  • Deposit Curve LP tokens in the Level farm to earn Level XP + Symbiotic points: see the details here.

Using lvlUSD in Spectra

  • Providing Liquidity

    • Supply lvlUSD in the the lvlUSD Spectra pool.

    • Earn APY composed of a portion of the PT fixed rate, Spectra incentives and LP fees.

    • Earn Level XP + Symbiotic points: see the details here.

  • Buying PT-lvlUSD (Fixed Yield)

    • Purchase PT-lvlUSD to lock in a fixed rate until maturity.

    • At maturity, redeem 1 PT-lvlUSD for 1 lvlUSD.

  • Buying YT-lvlUSD (Leveraged Level XP)

    • Purchase YT-lvlUSD to gain leveraged Level XP exposure.

    • Earn Level XP on a larger amount of lvlUSD with a lower upfront cost.

    • Earn Level XP + Symbiotic points: see the details here.

Using lvlUSD in Morpho

  • Use lvlUSD as collateral on Morpho to borrow USDC.

  • Borrow up to 86.5% of supplied lvlUSD with a Liquidation Loan-To-Value (LLTV) of 91.5%.

  • Earn Level XP + Symbiotic points for using lvlUSD as collateral: see the details here.

Using lvlUSD in Pendle

  • Providing Liquidity

    • Supply lvlUSD in the the lvlUSD Pendle pool.

    • Earn APY composed of a portion of the PT yield, Pendle incentives and LP fees.

    • Earn Level XP + Symbiotic points: see the details here.

  • Buying PT-lvlUSD (Fixed Yield)

    • Purchase PT-lvlUSD to lock in a fixed rate until maturity.

    • At maturity, redeem 1 PT-lvlUSD for 1 lvlUSD.

  • Buying YT-lvlUSD (Leveraged Level XP)

    • Purchase YT-lvlUSD to gain leveraged Level XP exposure.

    • Earn Level XP on a larger amount of lvlUSD with a lower upfront cost.

    • Earn Level XP + Symbiotic points: see the details here.

By leveraging these use cases, lvlUSD holders can optimize their yield and capital efficiency as well as maximizing XP earnings across multiple protocols.

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