Level has launched a new USDC vault in partnership with Steakhouse Financial, powered by Morpho. Key features:
- Vault exposure fully allocated to lvlUSD, slvlUSD, and Pendle PTs
- Depositors earn lending yield + 5x Level XP boost
- Backed by Steakhouse ($500M+ TVL curator)
- Built on Morpho with decentralized risk across multiple curators
- Protected by 650 lines of audited smart contracts
The vault aims to strengthen the Level ecosystem while maintaining capital efficiency and transparency.
Superform Launches 30-Day Base Campaign with Boosted USDC Yields

Superform has launched a limited-time campaign on Base, offering enhanced returns across multiple assets. **Key Details:** - Up to 40% boosted USDC APY available - Additional UP Rewards plus underlying yield - Supported assets: USDC, WETH, and cbBTC - Accessible through Superform's Mini App on Base - Campaign duration: 30 days only The campaign builds on Superform's existing yield optimization infrastructure, which includes integration with Pendle markets for capital-efficient strategies. Users can access the boosted yields exclusively through the Base application.
SIP-3 Proposes Converting UP Rewards to Staked UP

**Superform Foundation has launched SIP-3**, a governance proposal to convert UP token rewards into Staked UP (sUP). **Key Benefits:** - Automatic earning of rewards - Governance voting rights - Access to protocol fee flows **Recent Context:** - SIP-1 and SIP-2 recently went live with strong community support - First harvest generated $21,203.56 in performance fees - Protocol now implements 50/50 fee split between buybacks and Foundation revenue - Buyback allocation: 20% to sUP stakers, 30% to Foundation - New unstaking cooldown: 2 weeks (up from 1 hour) - Reward rate: 500,000 UP/month (>50% APY at current levels) The Foundation recently purchased 237,808 UP tokens and transferred 95,123 UP to the sUP vault. Total UP purchased to date: 1,940,572. [Read the full proposal and vote](https://snapshot.box/#/s:superformfoundation.eth/proposal/0x2c66ff55d79c00d3cd62729696a135d3bf7404bf186db2ead11d3bd777a9223b) | [Verify transactions](https://transparency.superform.xyz/)
Superform Partners with Beefy Finance and Aerodrome to Boost $UP Liquidity

Superform is collaborating with Beefy Finance and Aerodrome Finance to enhance liquidity and distribution of its $UP token across DeFi platforms. The partnership aims to: - Drive deep liquidity for $UP in decentralized finance - Improve token distribution across DeFi ecosystems - Support Superform's vision of a user-owned neobank This initiative builds on previous collaborations, including Arrakis powering liquidity for $UP on Aerodrome Finance on Base, which enables lower slippage and deeper markets for traders. The move represents Superform's continued effort to establish what it calls "the era of the user-owned neobank" in crypto.
SuperVaults Add Auto-Compounding via Merkl Integration

SuperVaults have integrated Merkl hooks to enable automatic reward harvesting and reinvestment. The system now: - **Automatically swaps rewards** from strategies like Morpho and Euler back into the underlying asset - **Reinvests without user action**, creating seamless autocompounding - **Increases NAV and APYs** through continuous optimization The feature eliminates manual claiming and improves capital efficiency. Users previously had to claim rewards biweekly through the portfolio page - now the process runs automatically in the background. This upgrade is rolling out across all current and future SuperVault offerings.
Superform Holiday Care Package Drop Coming Soon

**Superform** is preparing to launch their **Holiday Care Package drop**. - 20 lucky participants will receive care packages - To enter: comment "Neobank me" on their announcement - Winners will be selected from eligible comments The drop appears to be part of Superform's holiday community engagement initiative, following their previous Christmas promotions that included lucky boxes for users.