Can Level lvlUSD Offer The Best Low-Risk Stablecoin Yield?

Kedian Sun is the CoFounder at Level.

In this episode, we dive into Level, a new stablecoin protocol offering yield lending USDC and USDT to blue-chip protocols, including how Level’s design enables higher yields, what risks and tradeoffs come with that, and how stablecoin farmers can put lvlUSD to work across DeFi protocols like Pendle and Morpho.

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The Edge Podcast Sponsor Resources

🪄 NEWTON | FINANCIAL FREEDOM ON AUTOPILOT

🔮 PYTH NETWORK | SMARTER DATA FOR SMARTER CONTRACTS

🤙 SKALE NETWORK | THE GAS-FREE INVISIBLE L1 BLOCKCHAIN

📊 iYIELD | YOUR FINANCIAL PICTURE, SIMPLIFIED

🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE

🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS

🌔 MOONWELL | THE LEADING LENDING AND BORROWING APP ON BASE

⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED

🥞 SYRUP.FI | INSTITUTIONAL-GRADE YIELD

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Timestamps

0:00 - Intro
1:21 - What is Level?
6:06 - Sponsor break
8:42 - Competition among yield-bearing stablecoins
15:11 - Level’s plan to attract net new users onchain
17:43 - Level’s two-token design: lvlUSD vs slvlUSD
19:42 - Sponsor break
20:22 - Why hold lvlUSD over slvlUSD?
22:08 - Level XP Farms
23:51 - Newly launched Morpho vaults for Level
27:27 - Designing for low-risk yield
33:31 - Sponsor break
34:51 - Level markets on Pendle Finance
36:47 - Earning with lvlUSD deposits on Morpho
37:27 - What happens to lvlUSD after XP incentives expire?
42:08 - Closing

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🔗 Guest Links 🔗

► Level website: https://www.level.money/
► Level on X: https://x.com/levelusd
► Kedian Sun on X: https://x.com/KedianSun

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All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.