Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»The Stablecoin protocol level aims to expand the $ 80m Defi yield token with a new capital increase.
ETHEREUM NEWS

The Stablecoin protocol level aims to expand the $ 80m Defi yield token with a new capital increase.

By Crypto FlexsMarch 18, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The Stablecoin protocol level aims to expand the $ 80m Defi yield token with a new capital increase.
Share
Facebook Twitter LinkedIn Pinterest Email

The Stablecoin protocol level has increased the new venture capital to expand the $ 80 million return -to – -payment -paying stabil as the demand for the production of the yields increases with the reuse of the encryption price.

PEREGRINE Exploration, a level developer, received an additional $ 2.6 million led by the initial supporter DragonChain, with the founder David Lee and Kedian Sun in an interview with COINDESK. The new investors include Sam Kazemian and Albert of Injective of Flowdesk, Echo Syndicates Native Crypto and Feisty Collective, FRAX of Angel Investors.

The latest round was impressed in August, and total venture capital funds have reached $ 6 million.

Along with the Lvlusd tokens, the level is competing at the fast -growing Stablecoin Asset Class, one of the most popular sectors in encryption and love in venture capital. Cryptocurrencies, mainly with a fixed price connected to the US dollar, are the main infrastructure for trading and transactions of blockchains. However, the largest publisher usually does not provide a yield to the user obtained for assets in the sponsorship area. For example, tethers reported a part of the US Treasury yield, which supported $ 130 billion last year and supported $ 143 billion USDT tokens.

As a result, the new generation’s yield surgery Starble Lecomin is becoming more and more popular among encryption investors. Ethena’s usde creates a yield that has expanded to more than $ 5 billion even after a year of financing market neutral portable strategic harvest futures. Meanwhile, another stable alternative, tokenized version of Money Market Fund and financial expenses, recorded a $ 4.6 billion market cap.

Level’s Stablecoin provides investors to operate backup assets in distributed Defi loan protocols such as AAVE and at the same time automate retention management. The user can mint Lvlusd by depositing USDC or USDT Stablecoins in Circle. As of last week, the annual return on LVLUSD’s steak version was 8.3%higher than the token currency market fund return. Lvlusd, meanwhile, is integrated with Defi protocols such as Pendle, Spectra and Layerzero and can be used as a collateral of MORPHO.

Sven wellmann of Polychain, one of the protocol investors, said, “The completely transparent approach of the chain to get production is opaque and differentiated from competitors that rely on centralized methods.

According to Level’s calculation, the protocol surpassed rival Stablecoins’ yield offering last month, which has exceeded $ 80 million in five months since the beta was released.

Kedian Sun explained that the company plans to expand its marketing efforts with the latest funding and continue to expand the utility for LVLUSD, Kedian Sun explained. This protocol also plans to use MORPHO to produce yields in the next few weeks.

With this effort, LVLUSD can potentially promote the market cap of $ 250 million, the main milestone that the team wants to achieve, SUN said.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025

Bitcoin is more than $ 104K as the merchant’s eyes move from H2 to $ 145,000.

June 20, 2025

Can Etherrium price return to $ 4,000? Analysts say that ETH should go beyond this support.

June 16, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

The new decentralized and scarce ERC-20 token earns $220 for every $10 invested.

January 22, 2024

On-chain data plots a path to $2,400.

November 24, 2023

Blockchain Innovation at HBCUs Facilitated by Ripple’s UBRI

May 14, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.