Glevel. 40x XP for looping lvlUSD on Morpho? You mint lvlUSD, dump it on Morpho, borrow USDC at 91.5% LLTV, and farm 40x. A bit of alpha: on top of that you can use both @aave and @morpho receipt tokens to mint more lvlUSD!! Meaning if you already a position open on either of the above you can now use it to mint lvlUSD. So in a summarized way: it’s a layered stablecoin yield farming on crack. And this is the only sort of crack I like. I’m already 3 loops deep and considering a 4th.
Rewards on @MorphoLabs just got leveled 🆙 Earn 1̶0̶x̶ 40x Level XP when using lvlUSD as collateral on Morpho — borrow USDC at 91.5% LLTV. How does it work: 👉 Mint lvlUSD 👉 Visit borrow markets 👉 Use lvlUSD to borrow USDC Level 🆙
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