What to know:
- Level’s stablecoin is like the cool kid at school who just got a shiny new bike 🚴♂️. They’ve upped their VC funding to $6 million to expand their yield-paying lvlUSD.
- lvlUSD is the hot ticket in town, offering yield from DeFi lending protocols. Investors are like kids in a candy store 🍭.
- Level’s got big plans, including adding Morpho to its yield sources. Expansion is the name of the game, and they’re playing to win.
Level’s stablecoin protocol is on a roll, raising a fresh round of venture capital to expand its $80 million yield-paying stablecoin. Crypto prices may be cooling down, but demand for yield-generating assets is hot as ever!
Peregrine Exploration, the masterminds behind Level, just scored another $2.6 million. Dragonfly Capital and Polychain are in the mix, along with some fresh faces. It’s like a party, and everyone’s invited 🎉.
Remember that $3.4 million raise in August? Well, add another $2.6 million to the pile, and you’ve got a cool $6 million. Not too shabby, Level.
Stablecoins are the prom queens of crypto, and lvlUSD is vying for the crown. They’re offering yield on assets, something the big boys like Tether don’t do. Cha-ching! 💰
New gen stablecoins are all the rage. Ethena’s USDe and tokenized money market funds are killing it, but lvlUSD is ready to show them who’s boss.
lvlUSD is like a trusty sidekick, offering investors yield from DeFi lending protocols. Stake your tokens and watch the money roll in. It’s like magic, but with more zeros at the end 🪄.
“Their on-chain yield generation is so transparent, it’s like they’re wearing x-ray glasses,” says Sven Wellmann of Polychain. Spill the tea, Sven!
Level’s protocol is outpacing the competition, and their supply has surpassed $80 million. Talk about a glow up! 🌟
With the latest funding, Level’s got big plans: expand the team, boost marketing, and make lvlUSD even more useful. Watch out, world – Level is coming for you!
Kedian Sun says lvlUSD could hit a $200-$250 million market cap. Fingers crossed, everyone! 🤞
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2025-03-18 14:38