USDL - Lendr’s Stablecoin

Ticker: USDL | Peg:  1  US Dollar | Type: ERC‑20 + LayerZero OFT

USDL is Lendr’s USD‑pegged, fully‑collateralised ERC‑20 stablecoin. It's main purpose: the entry‑rail into every LsRWA Vault—you swap USDC (or another stable) for USDL, stake in an RWA vault, and later withdraw returns back in USDL.

Getting USDL

Method	Steps	Notes
Direct Swap (launch phase)	Connect wallet → swap USDC → USDL 1:1 in the dApp.	0 Fees during launch phase.
DEX Pools	Trade on Uniswap‑V3 (Ethereum) or Trader Joe v2 (Avalanche).	DEX or CEX fees apply.
Cross‑Chain Bridge	Use the “Bridge” tab to send USDL Ethereum ↔ Avalanche.	LayerZero OFT Bridge.

Using USDL

Action	How it works	Why you’d do it
Stake in an LsRWA Vault	Deposit USDL → receive LsToken (e.g., lsSP500).	Capture full asset exposure plus 2 – 5 % low-risk/market‑neutral yield.
Withdraw	Burn LsTokens → USDL claim starts 7‑day timer → claim USDL when unlocked.	Gives the custodian time to unwind RWA positions and transfer returns on-chain.
Provide USDL Liquidity	Add USDL to approved USDL/USDC pools and earn swap fees.	Extra yield if you prefer DEX fees over vault staking.

Contract Addresses

Network	USDL (OFT)	Bridge Endpoint
Ethereum Main‑net	0x… (TBA)	LayerZero Endpoint 0x66A…
Avalanche C‑Chain	0x… (TBA)	LayerZero Endpoint 0x3c5…