Stablecoin protocol Level has been acquired and will be gradually shut down
2025-09-26 01:30:28
On September 26th, the official of Level Agreement announced today that the team will be acquired by a leading DeFi Agreement. Level will gradually shut down all its businesses, including the lvlUSD and slvlUSD product lines. The last revenue distribution will be carried out on October 2, 2025, and the front-end interface will be maintained until December 15. To facilitate users to exit, all cooling periods have been shortened to 2 seconds.
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