
AiCoin|Sep 26, 2025 01:18
[Stablecoin Protocol Level Acquired, Operations to Gradually Cease]
Yield-generating stablecoin protocol Level has announced its acquisition by a leading DeFi entity, with the team set to join the acquiring protocol. The Level protocol (including lvlUSD and slvlUSD) will gradually cease operations, allowing users to unstake and redeem assets, with the cooldown period shortened to 2 seconds. The final yield distribution date is October 2, 2025, and the front-end interface will remain operational until December 15, 2025. After this date, users will need to interact via smart contracts.
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