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.
Off-Chain Vote
For
40.27M veSPECTRA100%
Against
31.45 veSPECTRA0%
Abstain
0 veSPECTRA0%
Quorum:4026815232%
Discussion
Timeline
Jun 03, 2025Proposal created
Jun 03, 2025Proposal vote started
Jun 06, 2025Proposal vote ended
Jun 06, 2025Proposal updated