Is the BTC price too high? While waiting, how can we make good returns on the stablecoins in our wallets @levelusd.
lvlUSD is a stablecoin issued with the lead investment from Dragonfly and Polychain, with a total project financing of $7.2 million. It can only be minted using USDC and USDT, thus it is a stablecoin pegged at a 1:1 stable price.
2. The Unique Appeal of lvlUSD
1. Relatively Robust Risk Structure
lvlUSD is minted from the two largest dollar stablecoins, USDC/USDT, indirectly pegging to the dollar, ensuring its value stability; meanwhile, since all returns come from reliable lending protocols like Aave and Morpho, it can be said to enjoy interest rates close to "risk-free."
2. Current Yield Advantage is Obvious
Starting from December 2024, the yield of slvlUSD has consistently been higher than similar products. This is because currently only about ⅓ of lvlUSD is staked, and fewer lvlUSD are receiving all the returns, leading to a situation where there are fewer participants for more returns, naturally resulting in a higher yield.
3. How to Obtain lvlUSD and Earn Returns
1. Click to Purchase:
(Must be done on the ETH mainnet, can use tokens like ETH/USDT/USDC for purchase)
2. Click to Start Farming:
There are multiple protocols and LP pools to participate in, such as Morpho, Pendle, Curve, etc. Returns are distributed every Thursday, and different combinations can achieve 5-60 times XP multiples.
3. Staking lvlUSD can earn slvlUSD, and users can perform deposit/LP/lending/circular lending operations around lvlUSD, slvlUSD, USDT/USDC in protocols like Morpho, Pendle, Curve, etc.
Finally, it is important to emphasize that the current staking ratio of lvlUSD is not high, so the yield is significantly higher than general financial products. However, beginners should pay close attention to the liquidation ratio when performing circular lending operations, keeping the margin at a safe distance below the liquidation ratio. Additionally, although all are dollar-pegged, there are still risks. The peg may also deviate, and contracts are not absolutely safe; even slight impermanent losses may occur. It is recommended that everyone reasonably control their positions and stay updated on the dynamics.
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