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.
If you know where the yield comes from, you know why we鈥檙e still here. glevel
Level and SteakhouseFi Launch USDC Vault on Morpho

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, is known for their risk-optimized lending strategies and real-time market responsiveness. Learn more: [Vault Details](https://app.morpho.org/ethereum/vault/0xbEEf11C63d7173BdCC2037e7220eE9Bd0cCDA862/steakhouse-level-usdc)
Bank of America Reports Banks Preparing to Launch Crypto Stablecoins

Key updates from the latest Level Money report: - slvlUSD delivered 7.99% weekly APY - Total reserves at $74.5M across aUSDC and steakUSDC (Morpho) - $68.98k in yield distributed this week Market highlights: - Stablecoins added $4.5B market cap post-GENIUS Act - Lending overtakes stablecoin issuers as largest sector on Base by TVL - MorphoLabs exceeds $1.6B in USDC supplied - Bank of America reports banks preparing crypto stablecoin launches Yield opportunities remain through Curve LP (60x XP), Pendle (40x XP), and Morpho vaults (40x XP).
Level Protocol APY Drops to 8.27%

Level's latest slvlUSD yield distribution shows an **8.27% APY**, down from 8.95% last week. How to participate: - Mint lvlUSD through [Level's dashboard](https://level.money/dashboard/buy) - Convert to slvlUSD for yield - Unstake with 7-day cooldown Current XP farming opportunities: - Pendle: 40x XP (lvlUSD) / 20x XP (slvlUSD) - Curve Finance: 60x XP for LPs - Morpho: 40x XP using lvlUSD as collateral *Note: Distribution based on daily average market cap, with compounding. Past performance not indicative of future results. Not available for US persons.*