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小捕手 CHAOS|Feb 11, 2025 15:16
In terms of architecture design, the design of Level USD consists of three core components:
Issuance: Responsible for using whitelist collateral to mint and redeem smart contracts for lvlUSD
Basic income: Responsible for pledging the underlying collateral to smart contracts such as Aave in the basic income layer
Re pledge: A smart contract responsible for managing the re pledge operations of underlying collateral on re pledge agreements such as Eigenlayer, Symbiotic, and Karak
However, as an ordinary user, there is no need to know so many design details.
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