July 25th weekly APY Update 🚨 1️⃣ slvlUSD delivered a weekly APY of 7.99% this week. 2️⃣ Reserve Composition Current allocation across lending strategies: → $36.24M in aUSDC → $38.27M in steakUSDC (Morpho) Total Reserves: $74.5M Check out our live Transparency Dashboard: 3️⃣ Total Yield Distributed this week: $68.98k 4️⃣ XP Yield Highlights → Curve LP: 60x XP → Pendle (Sep expiry): • lvlUSD PTs: 40x XP • slvlUSD PTs: 20x XP → Morpho M11 Credit Vault (lvlUSD): 40x XP 5️⃣ Bits of the Week → Since the GENIUS Act passed, stablecoins have added $4.5B to their total market cap; → Lending has officially overtaken stablecoin issuers as the largest market sector on @base by TVL; → @MorphoLabs has surpassed $1.6B in USDC supplied; → @turtledotxyz rebranded with a new domain: Turtle(dot)xyz; → Bank of America reports that many banks are preparing to launch crypto stablecoins. 6️⃣ Transparency Note APY is calculated as protocol revenue distributed to slvlUSD holders, divided by daily average slvlUSD supply since last distribution, annualized with compounding. Past performance does not guarantee future results. How to earn: 🔹 Mint lvlUSD → 🔹 Stake for yield → Convert to slvlUSD + track rewards 🔹 Unstake anytime → Redeem after 3-day cooldown Not available in the U.S.