Level Airdrop Guide: Stablecoin Lending and Staking Protocol on Ethereum
Level offers a straightforward way to earn real yield from fully backed stablecoins. With a free-to-join airdrop that rewards actual protocol usage, it gives early participants a low-friction opportunity to engage with a yield-focused stablecoin system built on Ethereum.
Airdrop Level Overview
Level is a stablecoin protocol on Ethereum that issues lvlUSD, fully backed by USDC and USDT. It focuses on turning stablecoin liquidity into productive capital without introducing additional risk layers.
The protocol routes 100% of yield through proven lending markets such as Aave and Morpho. Users can mint lvlUSD permissionlessly, stake it to receive slvlUSD under the ERC-4626 standard, and deploy capital across DeFi with full composability.
Level’s airdrop campaign targets real usage. Minting lvlUSD, providing liquidity, staking, and claiming the Level OG SBT all contribute to rewards, reinforcing engagement with the protocol’s core mechanics rather than short-term farming.
How to join the Level airdrop?
To participate in the Level airdrop program, users need to complete the following steps:
Step 1: Connect Your Wallet Visit Level's official website and connect an EVM-compatible wallet (such as MetaMask or WalletConnect). Accept the platform's terms of service to proceed.
Step 2: Mint lvlUSD Tokens Mint lvlUSD by depositing USDC or USDT as collateral. Users can execute this transaction directly through the Level interface without requiring permission.
Step 3: Provide Liquidity Navigate to the "Farm" tab and add liquidity to one of the supported pools. This activity helps users accumulate points for airdrop eligibility.
Step 4: Track Your Progress Monitor your position on the leaderboard to track participation levels and accumulated points throughout the campaign.
Step 5: Mint Level OG SBT (Optional) After providing liquidity, users can mint Level OG SBT (Soulbound Token) through the Guild platform by connecting their wallet. Minting the SBT requires a small amount of ETH to cover gas fees.
Participation Requirements:
- EVM-compatible wallet supporting Ethereum mainnet
- Sufficient USDC/USDT to mint lvlUSD and ETH for transaction gas fees
- No KYC verification mentioned
- Rewards will be distributed based on participation level and accumulated points on the leaderboard
Summary
Level's airdrop program focuses on rewarding early users who engage with the protocol's core functionalities, including minting the lvlUSD stablecoin, providing liquidity, and minting SBT tokens. For the crypto community, this represents an opportunity to explore a transparent stablecoin lending model with yield derived from established lending protocols and extensive DeFi integration capabilities. For the Level protocol, this campaign contributes to increasing lvlUSD liquidity, expanding the user base, and building a foundational community ahead of the official token launch, while stress-testing the protocol's operational capabilities in a real-world environment.
