Stablecoin protocol Level announced that it has been acquired by a leading DeFi company and will gradually cease operations.
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最新报道：According to Bijie.com, the yield-generating stablecoin protocol Level has announced that it has been acquired by a leading DeFi firm, and the Level team will join the protocol in the future. As part of this transition, the Level protocol (including lvlUSD and slvlUSD) will be phased out. All users will be able to unstake slvlUSD and redeem lvlUSD, and all cooldown periods will be shortened to 2 seconds. The last batch of yield will be distributed on October 2, 2025, after which no yield will be generated, regardless of whether the asset remains staked. The front-end interface will remain operational until December 15, 2025, after which users will still be able to unstake and redeem directly through the smart contract.
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