July 4th weekly APY Update 🚨

1️⃣ slvlUSD delivered a weekly APY of 5.3% this week.

2️⃣ Reserve Composition
Current allocation across lending strategies:
→ $79.100M in aUSDC
→ $63.800k in aUSDT
→ $33.180M in steakUSDC ($Morpho)
Total Reserves: $112.330M

Check out our live Transparency Dashboard: https://t.co/62nLhTL9r7

3️⃣ Total Yield Distributed this week: $77.030k

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
→ @KedianSun attended ETHCC Cannes
→ @Nemi_0x released a research paper on DeFi's lending renaissance
→ The poker tournament with @turtleclubhouse & @TezzaPoker attracted over 200 participants
→ Japan's first digital bank, Minna Bank, teamed up with Solana and Fireblocks to test stablecoins
→ The US House designated July 14-18 as "crypto week"
→ @Ripple applied for a national bank charter from the OCC

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 3-day cooldown

Not available in the U.S.