Weekly APY Update 🚨
1️⃣ slvlUSD delivered a weekly APY of 8.01% this week.
2️⃣ Reserve Composition
Current allocation across lending strategies:
→ $63.37M in aUSDC
→ $68k in aUSDT
→ $33.2M in steakUSDC ($Morpho)
Total Reserves: $96.64M
Diversified, onchain and fully auditable on our website.
3️⃣ Weekly Yield Distributed: $98.86k
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
→ Stablecoins mindshare keeps increasing following the recent interest from central banks and governments 🪙
→ Australia is diving into digital finance having announced a new experimental phase 🇦🇺
→ Shanghai's State Assets Regulator holds major meeting on crypto and stablecoins 🇨🇳
→ Next week starts the US House's "Crypto Week" 🇺🇸
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.