# lvlUSD: Key Use Cases

### [Staking](https://app.level.money/earn)

* 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](https://app.level.money/farm)

* 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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp).

### Providing Liquidity on [Curve Pools](https://curve.fi/dex/ethereum/pools/factory-stable-ng-278/deposit/)

* 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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp).

### Using lvlUSD in [Spectra](https://app.spectra.finance/pools/eth:0x25d7c918f4de6a9c89b11d28af969ed9eaa9a7c5)

* **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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp).
* **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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp).

### Using lvlUSD in [Morpho](https://app.morpho.org/ethereum/market/0x5f5bfaa51137098abc90b249c93b6051987877ada76135bb3dd7502b10d184a3/lvlusd-usdc)

* 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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp). 

### Using lvlUSD in [Pendle](https://app.pendle.finance/trade/pools/0xe45d2ce15abba3c67b9ff1e7a69225c855d3da82/zap/in?chain=ethereum)

* **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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp).
* **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](https://level-money.gitbook.io/level-documentation/rewards/how-to-earn-xp).

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