Incentive Season 2 Launching September 30 with Merkl Integration

LEVVA

26 Sep 2025 — 2 min read

We want to keep things transparent and fair. Because we’re bringing in a new infrastructure partner, we’re extending Season 1 until September 30. This gives us time to integrate Merkl, a sophisticated rewards and incentive engine, so that when Season 2 begins, it’s smoother, faster, and better for all users.

Here’s what’s new, why it matters, and how it works.

What’s Changing & What Stays the Same

Feature	Previous System	New with Merkl
Season Cutoff / Transition	Season 1 would have ended earlier	Extended until Sep 30
Reward Mechanism	Points system (rank-based accumulation)	Direct $LVVA payouts (no points)
Claim Frequency	Weekly or batching	Daily claimable rewards via Merkl
Leaderboard / Visibility	Ranks by points, opaque accrual	Leaderboard shows accumulated rewards in real time
TVL / Yield	Up to 10M $LVVA rewards + up to ~12% APR	Same amounts, same vaults, same security
Vault Infrastructure	Existing audited contracts	No change — your funds stay safe in the same vaults
User Action Required	None	None — seamless transition

We want to emphasize: nothing changes about your funds or vaults. Same contracts, same audits. This is an infrastructure upgrade for rewards, not a shift in yield or custody.

What Is Merkl? Why We Chose It

Merkl is a leading incentive & rewards infrastructure used by top DeFi protocols and chains. It allows projects to design, manage, and scale reward campaigns efficiently.

Key Merkl Capabilities

Customizable incentive campaigns: You can reward liquidity provisioning, lending/borrowing, token holdings, staking, etc.
Smart rewards forwarding: It can detect when users’ assets are locked or held in contracts and still credit them rewards.
Off-chain engine + Merkle root claims: Merkl computes rewards off-chain and compresses them into Merkle trees for efficient claiming on-chain.
Cross-chain & multi-protocol: It supports distributing incentives across many chains and protocols.
Flexible reward logic: You can tier rewards, boost for token holders, whitelist, blacklist, adjust mid-campaign, and more.
Adopted by major protocols: Many protocols, including Morpho, are moving or proposing to move their rewards logic to Merkl.

In short: Merkl is scalable, modular, battle-tested, and built for campaigns like ours. It frees us from maintaining reward logic in-house and allows us to focus on core product.

Why This Upgrade Matters

Faster, more transparent rewards Users see what they’ve earned every day. No delays, no guessing.
Scalable & flexible infrastructure We can launch new reward campaigns, adjust logic mid-season, include boosts, whitelist rules, etc., without rewriting smart contracts.
Better distribution & reach Merkl already aggregates many protocols and users who check reward dashboards → potential new eyeballs on Levva.
Lower maintenance burden We offload reward computation, claim routing, and logic to a proven system.
Future-proof As we expand across chains, strategies, and partners, Merkl scales with us.

What You Need to Know

No action needed: For existing users, your deposits carry over.
Season 2 starts September 30: that’s when new rewards logic goes live.
You’ll start earning rewards in $LVVA (no more points).
Daily claims via Merkl’s dashboard/interface.
Same vaults, same security — nothing changes about how your funds are handled.

We appreciate your patience and support. This upgrade is about giving you simpler, faster, better rewards, more visibility, less friction.

Thanks for being part of Levva. Season 2 is going to be better because of this.

— Team Levva