Level
  • Introduction
    • Level Overview
    • Stablecoins: The Next Level
  • How It Works
    • lvlUSD
      • Peg Stability
    • slvlUSD
    • Risks
  • Rewards
    • What is Level XP
    • How to Earn XP
  • Technical Documentation
    • Security
    • Audits
    • Contract Details
    • Roles and Permissions
  • User Guides
    • How to Get lvlUSD
    • How to Stake lvlUSD
    • How to Earn Level XP
    • slvlUSD: Key Use Cases
    • lvlUSD: Key Use Cases
    • How to Refer Users
  • FAQ
    • General FAQ
  • Legal
    • Terms and Conditions
    • Privacy Policy
  • Links
    • Website
    • X/Twitter
    • Discord
    • Telegram (EN)
    • Telegram (CN)
    • Github
Powered by GitBook
On this page
  • Staking
  • Farming Level XP
  • Providing Liquidity on Curve Pools
  • Using lvlUSD in Spectra
  • Using lvlUSD in Morpho
  • Using lvlUSD in Pendle
  1. User Guides

lvlUSD: Key Use Cases

Optimize Yield and Capital Efficiency

PreviousslvlUSD: Key Use CasesNextHow to Refer Users

Last updated 2 months ago

  • 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

  • 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 .

Providing Liquidity on

  • 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 .

Using lvlUSD in

  • 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 .

  • 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 .

  • 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%.

  • 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.

  • 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.

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

Using lvlUSD in

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

Using lvlUSD in

Earn Level XP + Symbiotic points: see the details .

Earn Level XP + Symbiotic points: see the details .

Staking
Level XP
here
Curve Pools
here
Spectra
here
here
Morpho
here
Pendle
here
here