[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Eli5DeFi [@eli5_defi](/creator/twitter/eli5_defi) on x 36.8K followers Created: 2025-07-03 07:00:13 UTC ➥ Level - The Onchain Banking Protocol @levelusd is emerging as one of the top stablecoin protocols, addressing the complexities of lending by combining two main banking models: → Full-reserve banking: Deposits remain untouched, ensuring 1:1 backing with treasuries or cash. → Fractional reserve banking: Increases capital efficiency by using deposits for lending, thus promoting credit creation and economic growth. Level serves as an additional layer for lending protocols, enabling users to mint $lvlUSD using stablecoins. It aggregates this collateral and allocates it to low-risk lending strategies, which in turn yield returns for the protocol. This process effectively adds liquidity to the crypto ecosystem without removing base assets from circulation. To date, Level has achieved impressive metrics: ➠ Weekly APY >7.0% ➠ Total reserves exceed $125M ➠ $102.55k in yield distributed ➠ Fully auditable and diversified low-risk strategy ➠ XP farm supporting various DeFi protocols, including @pendle_fi, @MorphoLabs, @Penpiexyz_io, @Equilibriafi, @CurveFinance, @beefyfinance, @spectra_finance, and @Contango_xyz ➠ Reduced unstake time from X to X days ➠ Redeem accrued yield in X days instead of X There is significant growth potential for Level, especially if they keep enhancing their composability and forge additional integrations.  XXXXX engagements  **Related Topics** [lending](/topic/lending) [coins stablecoin](/topic/coins-stablecoin) [protocol](/topic/protocol) [banking](/topic/banking) [onchain](/topic/onchain) [Post Link](https://x.com/eli5_defi/status/1940666874163089656)
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Eli5DeFi @eli5_defi on x 36.8K followers
Created: 2025-07-03 07:00:13 UTC
➥ Level - The Onchain Banking Protocol
@levelusd is emerging as one of the top stablecoin protocols, addressing the complexities of lending by combining two main banking models:
→ Full-reserve banking: Deposits remain untouched, ensuring 1:1 backing with treasuries or cash.
→ Fractional reserve banking: Increases capital efficiency by using deposits for lending, thus promoting credit creation and economic growth.
Level serves as an additional layer for lending protocols, enabling users to mint $lvlUSD using stablecoins.
It aggregates this collateral and allocates it to low-risk lending strategies, which in turn yield returns for the protocol.
This process effectively adds liquidity to the crypto ecosystem without removing base assets from circulation.
To date, Level has achieved impressive metrics:
➠ Weekly APY >7.0% ➠ Total reserves exceed $125M ➠ $102.55k in yield distributed ➠ Fully auditable and diversified low-risk strategy ➠ XP farm supporting various DeFi protocols, including @pendle_fi, @MorphoLabs, @Penpiexyz_io, @Equilibriafi, @CurveFinance, @beefyfinance, @spectra_finance, and @Contango_xyz ➠ Reduced unstake time from X to X days ➠ Redeem accrued yield in X days instead of X
There is significant growth potential for Level, especially if they keep enhancing their composability and forge additional integrations.
XXXXX engagements
Related Topics lending coins stablecoin protocol banking onchain