Project: Level - What’s Happening for Airdrop Hunters?
Level has been busy building out its vision for an “onchain bank,” focusing heavily on stablecoin utility and yield generation. While they haven’t explicitly announced an airdrop, their recent communications are packed with hints that attentive airdrop hunters should pay close attention to. Two key phrases stand out: “glevel” and “Bonus XP."
"glevel”: A Hint at Future Rewards?
The term “glevel” has been frequently used by the Level team, often in contexts that suggest early participation or special recognition. While its exact mechanics for rewards are yet to be fully detailed, the consistent messaging around “glevel” points towards a potential loyalty or points program that could precede an airdrop.
Recent “glevel” Highlights:
- Binance Web3 Wallet Integration: Level specifically highlighted “glevel for all @BinanceWallet users,” stating that Binance Web3 wallet users can now access the Level App directly. This could imply that interacting with Level through the Binance Web3 Wallet might be a way to accumulate “glevel” points or qualify for future benefits.
- Early Participant Recognition: Other mentions like “If you’re reading this, you’re early. glevel.” and “glevel to those that level 🆙” further reinforce the idea of rewarding early and engaged community members.
”Bonus XP”: Your Path to Potential Rewards
Level has consistently promoted staking their native stablecoin, lvlUSD, to earn slvlUSD for attractive weekly APY updates. What’s particularly interesting for airdrop hunters is the consistent mention of “Bonus XP” linked to this activity. Experience Points (XP) systems are a widely adopted method for tracking user engagement and are often a direct precursor to token distributions or airdrops.
How to Earn “Bonus XP”:
- Mint
lvlUSD: You can mint lvlUSD directly from their platform. - Stake for Yield: Convert your
lvlUSDtoslvlUSDto start earning yield and track your rewards. - Unstake Anytime: Note that there’s a 7-day cooldown period for unstaking.
Level has been providing regular updates on the slvlUSD weekly APY, with recent rates around 8.27% to 10.72%. This ongoing yield, combined with the “Bonus XP,” makes slvlUSD staking a compelling activity for those eyeing future Level airdrops.
- Tweet Link: slvlUSD Weekly APY Update (June 13)
- Tweet Link: slvlUSD Weekly APY Update (June 6)
- Tweet Link: slvlUSD Weekly APY Update (May 30)
Key Activities for Airdrop Hunters
While an official airdrop program is not yet announced, the following activities seem to be emphasized by Level and could be key for future eligibility:
| Activity | Potential Significance | Links |
|---|---|---|
Minting & Staking lvlUSD for slvlUSD | Earns “Bonus XP” and competitive APY | Mint lvlUSD Stake for yield (slvlUSD) |
| Interacting via Binance Web3 Wallet | May contribute to “glevel” accrual | glevel for Binance Wallet users |
| Exploring Lagoon Finance Vaults | New yield-earning opportunities | lvlUSD @lagoon_finance vault live Mint lvlUSD for Lagoon Finance vault |
Stay Tuned: Level is clearly building a robust ecosystem around its lvlUSD stablecoin and on-chain banking vision. Keep an eye on their announcements, especially concerning “glevel” and “Bonus XP,” as these are often precursors to significant community reward programs!