Level is the first stablecoin protocol powered by restaked dollar tokens, allowing users to mint lvlUSD using USDT/USDC and earn restaking rewards. The restaked dollar tokens provide Actively Validated Services (AVSs) with economic security without the volatility.
Level is the protocol behind Level USD (lvlUSD), a stablecoin backed by restaked dollar tokens. Level abstracts away the complexities of restaking, allowing lvlUSD users to earn restaking yield by securing networks with their dollar tokens, without exposure to the price volatility of cryptocurrencies like ETH and BTC. lvlUSD will be able to be used in the rest of DeFi as a novel stablecoin primitive. Level unlocks approximately $160B worth of stablecoins to be used to provide economic security for Actively Validated Services (AVSs), removing volatility and making it easier to price and forecast security.
We are excited to partner with Level to enhance the security of Tangle Blueprints using stablecoins. By integrating Level USD (lvlUSD), stablecoin holders can restake their assets to secure Tangle's Blueprints, leveraging the stability of dollar-pegged assets to provide economic security for decentralized services.