SGR 75: lvlUSD-USDC

lvlUSD-USDC Gauge Request:

• Targeted Pair: LP-lvlUSDUSDC26NOV2025
• IBT contract address: 0x620082f33d442e5806122f71a72b12134f75ff2d
• Current TVL on the pool: ~$44,000
• Current TVL of Curve-LP: ~$11.3M
• Current TVL of lvlUSD: ~160M
• Twitter: https://x.com/levelusd
• chain : Ethereum

Summary:

Level is a yield-bearing stablecoin protocol where users deposit USDT and USDC into DeFi-native strategies to earn yield. With lvlUSD’s TVL recently surpassing $160M, Level is now working to entrench its stablecoin more deeply across DeFi integrations.

This gauge focuses on the lvlUSD/USDC Curve LP — a key step toward expanding lvlUSD’s utility across different DeFi “money legos.”

Additionally, refactoring Yearn v3 Curve-LP vaults into Spectra’s PT/YT/IBT infrastructure has already shown empirical success, as demonstrated by the GHO-USR market. This should open up another revenue opportunity for veSPECTRA-holders and liquidity providers.