Weekly APY Update 🚨

1️⃣ slvlUSD delivered a weekly APY of 7.01% this week.

2️⃣ Reserve Composition
Current allocation across lending strategies:
→ $91.900M in aUSDC
→ $61.000k in aUSDT
→ $33.180M in steakUSDC ($Morpho)
Total Reserves: $125.120M

Diversified, onchain and fully auditable on our website.

3️⃣ Total Yield Distributed: $102.550k

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
→ We've reduced unstaking cooldown period from 7 to 3 days.
→ @MorphoLabs introduced $Morpho Loans in collaboration with @gelatonetwork
→ @turtleclubhouse released their @KaitoAI Leaderboard
→ The GENIUS Act was passed by the Senate on June 17 and is now en route to the House of Representatives.
→ Hong Kong has unveiled an expanded digital asset policy framework

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/S7Y9olqq8U
🔹 Stake for yield → Convert to slvlUSD + track rewards https://t.co/OIxf9VrsKG
🔹 Unstake anytime → Redeem after 3-day cooldown

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