Weekly APY Update 🚨

1⃣ slvlUSD delivered a weekly APY of 8.38% this week.

2️⃣ Reserve Composition
Current allocation across lending strategies:
→ $93.86M in aUSDC
→ $8.96M in aUSDT
→ $28.10M in steakUSDC ($Morpho)
Total Reserves: $122.01M

Diversified, onchain and fully auditable on our website.

3️⃣ Strategy of the Week
$Pendle’s September slvlUSD PTs are trading at a ~2.59% positive spread.
Users looping through this can extend yield and XP exposure with each cycle.

More spread = more surface for reward.

4️⃣ XP Yield Highlights
→ Curve LP: 60x XP
→ $Pendle (Sep expiry):
• lvlUSD PTs: 40x XP
• slvlUSD PTs: 20x XP
→ $Morpho M11 Credit Vault (lvlUSD): 40x XP

5️⃣ Bits of the Week
→ First round of Level Yield Game rewards distributed on Discord
→ @pendle_fi celebrated 4 years of protocol excellence
→ @morpholabs enters DeFi’s top 6 by total deposits

6️⃣ Transparency Note
APY is calculated as protocol revenue distributed to slvlUSD holders, divided by daily average slvlUSD supply since last distribution, annualized with compounding.

Past performance does not guarantee future results.

How to earn:
🔹 Mint lvlUSD → https://t.co/S7Y9olpSjm
🔹 Stake for yield → Convert to slvlUSD + track rewards https://t.co/OIxf9VqUV8
🔹 Unstake anytime → Redeem after 7-day cooldown

Not available in the U.S.