The most promising stablecoin RWA track, few people talk about it in the Chinese community, feels very niche, but the background strength is super strong, and only 16,000 people participate, undoubtedly an absolute non-competitive airdrop big whale
Stablecoin protocols are my favorite, historically I made a lot from the airdrops of Anzen and Elixir; saving money is my forced savings, preserving the spark for turning around in the bear market
Level I rushed, everyone is free to do as they please
🌈Project background
@levelusd was established in the United States in 2024, it is a dollar stablecoin protocol re-staked with USDT and USDC, integrated into protocols like Morpho, Pendle, Spectra, and Curve, with high capital utilization efficiency
The stablecoin yield of level can reach 9%, because only 30% of lvlUSD is staked, which means this part of the funds has achieved 3 times the yield, which is 9%
🔸I choose 60 times the points, I want an airdrop! It seems whales prefer the stable 9% yield
🚀Funding situation
A total of 620 USD was raised in two rounds, led by US Dragonfly and Polychain
🔸Stablecoin protocols basically do not burn money, the financing in the entire industry is not high, before the super big whale usual airdrop, only 7 million was raised
🚴Founding team
Co-founder, Kedian Sun, previously worked as an investment banker at Lazard, the oldest asset management company in the US (established in 1848), graduated from Wharton School of Business
Co-founder, David Lee, former Uber engineer, former Flexport software engineer, graduated from Columbia University
🔸The founding background is a classic ⌞Wall Street + Tech Company⌝, a very strong entrepreneurial combination
🏄♂️Airdrop interaction
Everyone can participate through 🔹Depositing stablecoins 🔹Buying yt 🔹Applying for ambassadors, three ways to engage
1⃣ Deposit stablecoins
Log in to the official website, use my invitation code to get a 10% points bonus
https://app.level.money/farm?referralCode=4xjb5n
My choice: Mint USDC into lvlUSD on the ETH mainnet → Deposit into Curve to create LP → Get 60 times the XP points
Operation steps: Click Buy on the official website at the top left → Mint lvlUSD
Click the top left corner Earn → Stake 50% of lvlUSD into slvlUSD
Click the top left corner XP Farm → Choose slvlUSD / lvlUSD
In Curve create LP → Note that both Deposit + Stake need to be operated, don't forget to stake LP tokens
🔸This way we can get 9.45% interest and also earn 60 times the airdrop points
Note 1: Redemptions have a 7-day lock-up period
Note 2: Deposited LP will only show on the official website the next day
2⃣ Buy yt
Buy slvlUSD on Pendle, leverage up
https://app.pendle.finance/trade/pools?search=lvl&chains=ethereum
Buy YT-slvlUSD on Spectra, leverage up
https://app.spectra.finance/trade-yield/eth:0x2767dcd4068acf7b638c38d90f0082d4cfecb425
🔸Important reminder: Buying yt is speculative, it is consumption and can go to zero
My need is to save in stablecoins, so I didn't buy yt, everyone judge the risk for themselves
3⃣ Ambassador program
Last week the official upgraded the ambassador program, I researched it and found there is a salary, with a monthly prize pool of 2500 USD, distributed according to the top 30% of ambassadors, but not many people participated, it really isn't competitive!
Official introduction: https://level-money.notion.site/LEVEL-AMBASSADOR-PROGRAM-1f1c4bc20e8b808ebe6dec8fad76bffa
🔸If everyone hopes to earn with zero investment, I think it can be done
⚡Supplement the Steakhouse treasury
Today the official released treasury, Steakhouse is the largest asset management company on the Morpho protocol, with a TVL of up to 500 million USD, depositing in this treasury can yield 9% on stablecoins, plus 5 times XP airdrop points, a stronger product mix
The official original text is as follows: https://x.com/levelusd/status/1924819306271146277
✅My summary
Stablecoin projects are very important to each of us in the crypto circle!
Why? Because I firmly believe that stablecoin projects are one of the best ways for each of us to carry out ⌞life planning⌟
Everyone should plan their participating funds in advance according to their available capital before each interaction, otherwise, it’s hard for those with small funds to develop good financial habits, and the probability of growing into larger funds is very low
I proposed the idea, everyone adjust it yourself: 10% for speculative risks, 20% for family expenses, 20% for grabbing opportunities, 50% for depositing stablecoins to seize the big opportunities in the Bitcoin bear market
🔹I will always keep 50% of stablecoins, so I always have a chance to fight, and this 50% has already been allocated to several stablecoin protocols, this is my life wealth plan
🔹The crypto world is not lacking in overnight wealth, but only by holding onto wealth can there be a future
My heartfelt words, hope it helps you