What is Level?
Level is a decentralized stablecoin protocol that introduces lvlUSD, a yield-generating stablecoin fully backed by USDC and USDT. By deploying these reserves into blue-chip DeFi lending protocols like Aave, Level enables users to earn passive income on their holdings.
Users can mint lvlUSD by depositing USDC or USDT, which are then utilized within lending platforms to generate yield. For those seeking enhanced returns, staking lvlUSD converts it into slvlUSD, a token that accrues yield over time through an ERC-4626 compliant vault mechanism.
Level's approach emphasizes transparency and security, employing audited and open-source smart contracts to manage reserves. The protocol's integration with various DeFi platforms, including Morpho, Pendle, Spectra, and Curve, enhances the utility and capital efficiency of lvlUSD and slvlUSD.
With a focus on delivering sustainable, low-risk yields, Level positions itself as a compelling option for users seeking to maximize returns on stablecoin assets within the DeFi ecosystem.
Level Money Airdrop (XP Program)
Level Money has introduced a comprehensive “Level XP” program to track and reward user engagement across the ecosystem. Although not officially announced as an airdrop, this points system is likely designed to reward active participants when a token launch occurs. With recent funding rounds totaling over $6 million from prominent investors like Dragonfly Capital and Polychain Capital, Level appears to be building toward a substantial token ecosystem.
Users can earn Level XP by depositing lvlUSD and other assets into various pools, with different activities earning different XP multipliers. The more you participate—and the more strategically you allocate your assets—the greater your potential future rewards.
✅ How to Qualify for the Airdrop:
- Join Level Money: → Referral Link – defishills.com/level.money
- Acquire and Deposit lvlUSD:
- Convert USDC or USDT to lvlUSD
- Deposit lvlUSD directly: 10x XP multiplier
- Deposit lvlUSD in Turtle Club: 10x XP multiplier (plus additional TAC and Turtle rewards)
- Deposit lvlUSD in M11 Morpho Vault: 40x XP multiplier
- Provide Liquidity for Maximum Rewards:
- slvlUSD/lvlUSD Curve Pool: 60x XP multiplier
- lvlUSD/USDC Curve Pool: 60x XP multiplier
- Pendle LP lvlUSD options: Up to 50x XP multiplier
- Spectra LP options: Up to 40x XP multiplier
- Leverage Yield Strategies:
- Hold Pendle YT lvlUSD: 40x XP multiplier
- Provide lvlUSD as collateral on Morpho: 40x XP multiplier
- Stake lvlUSD to receive slvlUSD for higher-multiplier opportunities
- Diversify Your Approach:
- Spread deposits across multiple high-multiplier pools
- Consider both short-term and locked positions
- Regular interaction with the protocol may be rewarded higher than one-time deposits
- Remember the 7-Day Cooldown:
- Some farm deposits have a 7-day cooldown period for withdrawals
- Plan your liquidity needs accordingly
