# USDL - Lendr’s Stablecoin

**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

<table><thead><tr><th width="234.57000732421875">Method</th><th width="278.51092529296875">Steps</th><th>Notes</th></tr></thead><tbody><tr><td><strong>Direct Swap (launch phase)</strong></td><td>Connect wallet → swap USDC → USDL 1:1 in the dApp.</td><td>0 Fees during launch phase.</td></tr><tr><td><strong>DEX Pools</strong></td><td>Trade on Uniswap‑V3 (Ethereum) or Trader Joe v2 (Avalanche).</td><td>DEX or CEX fees apply.</td></tr><tr><td><strong>Cross‑Chain Bridge</strong></td><td>Use the “Bridge” tab to send USDL Ethereum ↔ Avalanche.</td><td>LayerZero OFT Bridge.</td></tr></tbody></table>

## Using USDL

<table><thead><tr><th width="202.82391357421875">Action</th><th>How it works</th><th>Why you’d do it</th></tr></thead><tbody><tr><td><strong>Stake in an LsRWA Vault</strong></td><td>Deposit USDL → receive LsToken (e.g., lsSP500). </td><td>Capture full asset exposure <strong>plus</strong> 2 – 5 % low-risk/market‑neutral yield.</td></tr><tr><td><strong>Withdraw</strong></td><td>Burn LsTokens → USDL claim starts 7‑day timer → claim USDL when unlocked.</td><td>Gives the custodian time to unwind RWA positions and transfer returns on-chain.</td></tr><tr><td><strong>Provide USDL Liquidity</strong></td><td>Add USDL to approved USDL/USDC pools and earn swap fees.</td><td>Extra yield if you prefer DEX fees over vault staking.</td></tr></tbody></table>

## Contract Addresses

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