Level and SteakhouseFi Launch USDC Vault on Morpho
Level and SteakhouseFi Launch USDC Vault on Morpho
🥩 USDC Vault Gets Beefed Up
Level has partnered with SteakhouseFi to launch a new USDC vault powered by Morpho. The vault focuses on strengthening the Level ecosystem with 100% exposure to lvlUSD, slvlUSD, and Pendle PTs.
Key features:
- Lending yield on USDC deposits
- 5x Level XP boost for ecosystem supporters
- Powered by Morpho's decentralized risk system
- 650 lines of immutable smart contract code
Steakhouse, currently managing over $500M TVL, brings their expertise in risk-optimized lending strategies to this collaboration.
Level @SteakhouseFi USDC Vault on @MorphoLabs. → Earn with USDC → Support Level's ecosystem Growth
Where Does The Yield Come From?
Understanding yield sources in DeFi remains crucial for sustainable investing. Here's what you need to know: - Yield can come from legitimate sources like: * Trading fees * Lending interest * Protocol revenues * Staking rewards - Red flags for unsustainable yield: * No clear revenue source * Unusually high APY * Heavy reliance on token emissions Always verify yield sources before investing. Research protocol documentation and ask questions in community channels if unclear.
LevelUSD Maintains Stable 8.15% Average APY Over 3 Months
LevelUSD demonstrates remarkable yield stability in the volatile DeFi landscape. Over the past quarter, weekly APY averaged 8.15%, fluctuating between 5.30% and 10.72%. The protocol's lending-based framework currently manages: - $22.32M in aUSDC - $38.34M in steakUSDC (Morpho) - Total reserves: $60.66M This stability is backed by growing institutional adoption, with Aave reaching $60B in deposits and Morpho seeing significant TVL growth on Base (+345.66% YTD). [View transparency dashboard](https://app.level.money/transparency)
glevel.lvlUSD Maintains Zero-Tariff Policy
glevel.lvlUSD continues its zero-tariff policy, maintaining consistency with previous announcements. This aligns with the platform's April 2025 decision to eliminate tariffs on perpetual contracts. Key points: - Zero tariffs remain in effect for lvlUSD - Policy continuation since April 2025 - Applies to all platform operations This policy reflects glevel's commitment to maintaining competitive pricing structures in the decentralized finance space.
Twitter/X Platform Updates and User Response Analysis
Twitter/X has implemented significant platform changes: - Removal of blocking feature announced, replaced with mute function - User blocking will remain available for DMs - Platform emphasizes free speech over content control - Community response largely negative, citing safety concerns Key impacts: - Reduced user control over content visibility - Potential increase in unwanted interactions - Privacy advocates express moderation concerns *Technical Details*: - Mute function hides content but allows profile viewing - Blocked users can still view posts and interact - Implementation expected by end of August 2025 **Expert Analysis**: Changes align with owner's free speech stance but may conflict with user safety preferences.