BITWU.ETH
BITWU.ETH|Feb 12, 2025 12:46
🧐 New Era of Stablecoins | Level lvlUSD Reshaps Revenue, Pledges Stablecoins Lead DeFi Revenue Revolution—— The attention of capital to the stablecoin track has not stopped since the beginning of the year; According to market data: In 2024, the trading volume of stablecoins reached a historic high of $15.6 trillion, surpassing the combined trading volume of Mastercard and Visa, Coinbase's 2025 outlook for the cryptocurrency market suggests that the stablecoin market may grow to $3 trillion within the next five years, These data indicate that stablecoins not only dominate the cryptocurrency field, but are even beginning to emerge in the global payment system. In my personal opinion, all of this is not only due to the gradually clear regulatory framework for stablecoins worldwide at the end of 2024 and the beginning of 2025, but also because the diversification of stablecoin returns is one of the absolute leading tracks in the blockchain field; Why do you say that? Firstly, let's talk about the concept of secure sharing. Simply put, BTC and ETH, as the largest asset networks, have the core advantage of security. Secure sharing is about renting out their security to others and selling it as a commodity, similar to the current United States, which has the strongest military power and can be rented out as a commodity; For example, in Eth's Eigenlayer, everyone pledges Eth to them. Eigenlayer rents out this security to other chains and intermediate protocols, providing them with network security. Then Eigenlayer taxes these chains or protocols and feeds back to Eth stakers; Therefore, if you want to rent out assets as a safe commodity, the first prerequisite is that the asset size is large enough. The first thing that comes to mind is BTC eth, But only one asset was missed, which is the massive stablecoin; An obvious vulnerability in the current field of shared security is the lack of US dollar tokens and stablecoins to measure re collateralization. The market value of USD stablecoins is $170 billion, accounting for 70-80% of on chain trading volume. The data clearly shows that USD stablecoins fully meet all three criteria of currency; Currently, stablecoins worth $170 billion and 27.9 million active addresses using them per month cannot contribute to one of the most critical applications of cryptocurrency: economic security; This is the problem that Level @ levelUSD aims to solve, and it is also one of the reasons why I am excited when I look for opportunities on the chain and see Level, Imagine if your stablecoin protects 10 networks, then each network will pay you the same amount of returns with the same capital; You don't need to give up fund custody to earn profits; You only need to trust Tether (and to a lesser extent, trust Level Protocol to manage AVS), On top of that, you can also use stablecoins to participate in obtaining Defi basic returns, which is Level's lvlUSD. It is a liquidity re pledged dollar: a profitable cross chain dollar token that is entirely collateralized by the re pledged stablecoins; Why do we have to use stablecoins to do this? One key is stability. Imagine using ETH, a volatile asset, as your economic security guarantee. It was originally intended to provide 1 billion yuan in economic security, but ETH plummeted and the 1 billion yuan in economic security was instantly reduced. This brings uncertainty and even affects security By using US dollar pricing, it is easier to predict how much economic security is needed and protect the value of the network from being biased by market fluctuations As a participant in re pledging, holding lvlUSD can provide a safer return on stable coins without the risk of asset volatility This is the significance of Level, not just a stablecoin protocol, but providing a more stable economic security solution. Because I need on chain profits, I have done some careful research and shared it with everyone—— one ️⃣ Exploring Level: What is Level? Level @ levelUSD (lvlUSD) is a stablecoin protocol supported by Dragonfly and Polychain Capital, as well as deep integration with mainstream DeFi protocols such as Curve and Morpho, Its core innovation lies in using re collateralized US dollar tokens (such as USDT, USDC) to provide security and returns. This means that users can participate in various DeFi activities and earn profits by depositing stablecoins. In the universe of cryptocurrencies, stablecoins have always been the anchor of stability in volatile markets. It is worth mentioning that Level is not satisfied with just being an anchor, it has decided to become the supernova in the DeFi universe - lvlUSD. two ️⃣ Level USD - High yield on chain currency: 1) Innovative DeFi native revenue The Level project (lvlUSD) has demonstrated significant differentiation advantages among numerous stablecoins, particularly in terms of DeFi native returns; This is truly commendable, as traditional stablecoins such as USDT, USDC, these stablecoins, primarily maintain their stability by being pegged to fiat currencies such as the US dollar, but typically do not provide additional returns or only offer limited returns through savings accounts or external platforms. This type of return is usually low-risk, low return, and depends on the interest rates of traditional financial markets. Level (lvlUSD) introduces a DeFi native revenue mechanism, which means that users not only hold stablecoins, but also earn revenue by participating in DeFi activities within the Level protocol. For example, the deposited USDC/USDT will be provided to lending agreements (such as Aave) to generate profits, and then the receipt tokens from these lending agreements will be re stored on a re staking platform (such as Symbiotic) to receive re staking rewards and Symbiotic points. The lending profits and staking rewards will be distributed back to lvlUSD users; Specifically, it includes: 1) Re pledge income: Users can pledge lvlUSD within the Level agreement to receive weekly distribution income. This mechanism utilizes the re staking strategy in DeFi, allowing stablecoin holders to enjoy returns without losing their stability and liquidity. 2) Liquidity mining: On platforms such as Curve, providing liquidity of lvlUSD can earn up to 20 times the reward multiple, which is an efficient way to increase profits and is more proactive and aggressive than traditional stablecoin profit strategies. So lvlUSD is not just another stablecoin, it is a revenue engine in the DeFi ecosystem. Through the re collateralization mechanism, Level allows users to convert stablecoins into an asset that can stack multiple encrypted returns. This means that you can preserve the stability of your assets while harvesting wealth from every corner of DeFi, just like farming on fertile land. It's like your stablecoin is not only a safe haven, but also a mine of profits. three ️⃣ Regarding data growth: The most intuitive response of any Defi class application is on the data: At present, the total locked value (TVL) of Level has exceeded 45 million US dollars, while the market value of lvlUSD has exceeded 25 million US dollars. The efficient liquidity mining provided by the Level protocol on platforms such as Curve has made lvlUSD an undeniable presence for DeFi enthusiasts. four ️⃣ Revolutionary Spectra model and circular utilization on the Morpho platform: Level has introduced the Spectra model, an innovation that gives new meaning to revenue. By using Principal Tokens (PTs) and Yield Tokens (YTs), you can choose different return strategies based on your risk preferences. PTs provide you with stable and predictable fixed income, while YTs bring potential high returns to you who dare to take risks. By holding Spectra LP tokens or YTs, you can receive high multiples of XP rewards, which is like lighting up the highway to the stars in the DeFi world. On Morpho, The use of lvlUSD has opened up the possibility of revenue recycling. You can borrow USDC and then use these USDC to mint lvlUSD again, forming a virtuous cycle of income growth. This allows your assets to flow between different DeFi platforms, bringing higher utilization efficiency and revenue appreciation. five ️⃣ How to join Level and earn profits: We can earn profits through Mint, staking, and farm lvlUSD: 1)Mint lvlUSD: Use an EVM compatible wallet to easily mint lvlUSD. After entering the website, click on BUY in the left menu bar; entrance: https://www.level.money/referrals/claim/bitwu 2)Farm lvlUSD: Pledge lvlUSD to earn profits, distributed every Thursday. After entering the website, click on Farm in the left menu bar to find the suitable protocol pledge for yourself; By providing liquidity in Curve's lvlUSD USD-USDC pool, you can enjoy a reward multiplier of 20 times and earn additional XP rewards through liquidity mining. Summary—— The differentiated advantages of Level lvlUSD are mainly reflected in its innovative DeFi native revenue, diverse asset utilization, decentralized security, and revenue recycling achieved through the Morpho module. These traits make Level not just a stablecoin for trading or storing value, but an active participant and revenue creator in the DeFi ecosystem. Compared to other stablecoins, Level provides users with more diversified income opportunities and higher asset utility. For those who have recently had sufficient stablecoins, they can consider it. I have deposited some, and if you are interested, please study it carefully. Then we will discuss it together in the comment section;
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