Comment from Liquidity.land:
If you’re already earning USDC or USDT lending yield through AAVE, or Steakhouse vault on Morpho, you can deposit any of those receipt tokens in Level to mint lvlUSD.
Users who mint lvlUSD from USDC/USDT receive 10x XP, but exploring any other lvlUSD integration will provide you with higher multipliers.
Depositing on Curve is currently providing the highest XP Multiplier
Level is a DeFi protocol backed by leading investors including Dragonfly and Polychain. It issues lvlUSD, a fully collateralized stablecoin backed by USDC and USDT, which generates yield through established, blue-chip lending platforms such as Aave and Morpho.
By focusing exclusively on low-risk lending strategies, Level has consistently delivered superior yields compared to other leading yield-bearing stablecoins.
Level’s broader ambition is to establish itself as the onchain banking solution. Its initial products, lvlUSD and slvlUSD, are designed to function as onchain equivalents of checking and savings accounts. Both assets are integrated across prominent DeFi ecosystems including Morpho, Pendle, and Spectra, enabling enhanced capital efficiency and deep composability.
Then choose one of the two farming paths:
(Note: Liquidity.land referral previously boosted these by 2x but now adds 5% XP bonus post-April 14)