lvlUSD: Key Use Cases

Optimize Yield and Capital Efficiency

Staking

• 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.