August 1st weekly APY Update 🚨 1️⃣ slvlUSD delivered a weekly APY of 8.65% this week. 2️⃣ Reserve Composition Current allocation across lending strategies: → $27M in aUSDC → $38.3M in steakUSDC (Morpho) Total Reserves: $65.35M Check out our live Transparency Dashboard: 3️⃣ Total Yield Distributed this week: $67.83k 4️⃣ XP Yield Highlights → Curve LP: 60x XP → Pendle (Sep expiry): • lvlUSD PTs: 40x XP • slvlUSD PTs: 20x XP → Morpho M11 Credit Vault (lvlUSD): 40x XP 5️⃣ Bits of the Week → SEC launches Project Crypto to bring U.S. financial markets on‑chain → FOMC keeps interest rates unchanged → President Trump signs Executive Order to adjust reciprocal tariff rates → JPMorgan CEO Jamie Dimon on CNBC: “I’m a believer in stablecoin, a believer in blockchain” → Hong Kong official says the city is ready to lead the future of finance → @coinbase Q2 earnings: $1.5B revenue, $1.4B net income, stablecoin revenue +12% QoQ → Ethereum turned 10 🎉 6️⃣ Transparency Note APY is calculated as protocol revenue distributed to slvlUSD holders, divided by daily average slvlUSD supply since last distribution, annualized with compounding. Past performance does not guarantee future results. How to earn: 🔹 Mint lvlUSD → 🔹 Stake for yield → Convert to slvlUSD + track rewards 🔹 Unstake anytime → Redeem after 3-day cooldown Not available in the U.S.