Good news! Stella is extending the Incentives Program to both Lenders and Leveragoors, starting July 6th, 8AM UTC! This will be the first step to set path for a real sustainable yield.

Since Stella’s official launch, Stella has witnessed the success of the high-yield strategies listed from Uniswap V3 and will continue to list more yield strategies not limited to concentrated liquidity. Here’s what else you can expect soon from Stella’s integration roadmap, including Liquidity Book from Trader Joe and Pendle’s PT token pools.

The current market has shown that is a good time to leverage by borrowing stablecoins, especially with USDC.e. The lending APY of USDC.e is entering a steady growth at a rate of ~2.7% as the liquidity and utilization continues to increase. **Currently, ~80% of all active positions on leverage are generating positive yield. **Therefore, as more leveragoors realize their position’s PnL, the projected APY will only increase and unlock the uncapped lending potential that the Pay-As-You-Earn (PAYE) model aims to achieve.

With this note, Stella is extending the Incentives Program to all users, both Lenders and Leveragoors. This incentive will be the catalyst to bring in more liquidity and accelerate the flywheel effect creating a sustainable yield potential for Stella users.

• First Period: July 6th 8AM UTC — July 20th 8AM UTC

• Next Period: Starting July 20th — To be Confirmed

Note: The duration, eligible reward pools and amount will be updated again once each period ends.

• Bonus reward will be in ALPHA

• USDC.e, ETH, ARB: 6,750 ALPHA per pool

• RDNT, GMX: 1,350 ALPHA per pool

Accumulated ALPHA from each week will be claimable starting from the end of 1 week onwards, specifically, July 13th 2PM UTC (7th day) and July 20th 2PM UTC (14th day) of the campaign.

Campaign details will work the same. Refer to the Incentive Program details from the previous Medium Announcement here.

TLDR; Leveragoors who close their position in the program timeframe and with a positive PnL will earn 20% yield on top of the generated yield.

Note: Any remaining ALPHA from Phase 1 will reset and will not be rolled over to Phase 2.

• Upcoming period: July 6th 8AM UTC — July 20th 8AM UTC

Note: Users must close position before the end date to be eligible for 20% bonus.

• Bonus reward will be in ALPHA

• Total: 280K in ALPHA will be distributed

• Max Daily: 20K in ALPHA

Accumulated ALPHA from each week will be claimable starting from the end of 1 week onwards, specifically, July 13th 2PM UTC (7th day) and July 20th 2PM UTC (14th day) of the campaign.

This is only the beginning; Stella will list more strategies where leveragoors can utilize assets aside from USDC.e that show positive trends. Currently, volatile assets like ETH, ARB, and RDNT are performing well. Hence, Stella will ensure to list more strategies and bring more high yield opportunities to Leveragoors and Lenders.

For Lenders, Stella will be incentivizing various lending pools to ensure Stella Lenders can enjoy competitive yield before more positions are closed.

For Leveragoors, Stella will continue the Incentive Program to offer 20% bonus yield on top of the closed position, encouraging leveragoors to generate positive yield.

That’s all for now. Join Stella on Discord to meet other skilled degens or start using Stella now: https://app.stellaxyz.io

Previously as Alpha Finance Lab and Alpha Venture DAO, Stella core development team has pioneered in ‘leveraged DeFi’ since 2020. These developments include building the Alpha Homora, that has a peak TVL of $1.9B, first leveraged yield farming protocol, coming up and implementing key fundamental concepts such as tokenization and collateralization of LP tokens, and incubating a number of DeFi projects that went on to raise from top-tier VCs and list on tier-1 exchanges.

Under the new name (Stella) and the same token (ALPHA), the same core development team aims to double down on expertise in building an on-chain leveraged product. With Stella protocol that enables leveragoors to take leverage on various DeFi strategies with 0% cost to borrow and lenders to earn real yields without a maximum cap on lending APY, Stella aims to unlock highest yield potentials for DeFi users in this moderately low yield DeFi market.

Good news! Stella is extending the Incentives Program to both Lenders and Leveragoors, starting July 6th, 8AM UTC! This will be the first step to set path for a real sustainable yield.

Since Stella’s official launch, Stella has witnessed the success of the high-yield strategies listed from Uniswap V3 and will continue to list more yield strategies not limited to concentrated liquidity. Here’s what else you can expect soon from Stella’s integration roadmap, including Liquidity Book from Trader Joe and Pendle’s PT token pools.

The current market has shown that is a good time to leverage by borrowing stablecoins, especially with USDC.e. The lending APY of USDC.e is entering a steady growth at a rate of ~2.7% as the liquidity and utilization continues to increase. **Currently, ~80% of all active positions on leverage are generating positive yield. **Therefore, as more leveragoors realize their position’s PnL, the projected APY will only increase and unlock the uncapped lending potential that the Pay-As-You-Earn (PAYE) model aims to achieve.

With this note, Stella is extending the Incentives Program to all users, both Lenders and Leveragoors. This incentive will be the catalyst to bring in more liquidity and accelerate the flywheel effect creating a sustainable yield potential for Stella users.

• First Period: July 6th 8AM UTC — July 20th 8AM UTC

• Next Period: Starting July 20th — To be Confirmed

Note: The duration, eligible reward pools and amount will be updated again once each period ends.

• Bonus reward will be in ALPHA

• USDC.e, ETH, ARB: 6,750 ALPHA per pool

• RDNT, GMX: 1,350 ALPHA per pool

Accumulated ALPHA from each week will be claimable starting from the end of 1 week onwards, specifically, July 13th 2PM UTC (7th day) and July 20th 2PM UTC (14th day) of the campaign.

Campaign details will work the same. Refer to the Incentive Program details from the previous Medium Announcement here.

TLDR; Leveragoors who close their position in the program timeframe and with a positive PnL will earn 20% yield on top of the generated yield.

Note: Any remaining ALPHA from Phase 1 will reset and will not be rolled over to Phase 2.

• Upcoming period: July 6th 8AM UTC — July 20th 8AM UTC

Note: Users must close position before the end date to be eligible for 20% bonus.

• Bonus reward will be in ALPHA

• Total: 280K in ALPHA will be distributed

• Max Daily: 20K in ALPHA

Accumulated ALPHA from each week will be claimable starting from the end of 1 week onwards, specifically, July 13th 2PM UTC (7th day) and July 20th 2PM UTC (14th day) of the campaign.

This is only the beginning; Stella will list more strategies where leveragoors can utilize assets aside from USDC.e that show positive trends. Currently, volatile assets like ETH, ARB, and RDNT are performing well. Hence, Stella will ensure to list more strategies and bring more high yield opportunities to Leveragoors and Lenders.

For Lenders, Stella will be incentivizing various lending pools to ensure Stella Lenders can enjoy competitive yield before more positions are closed.

For Leveragoors, Stella will continue the Incentive Program to offer 20% bonus yield on top of the closed position, encouraging leveragoors to generate positive yield.

That’s all for now. Join Stella on Discord to meet other skilled degens or start using Stella now: https://app.stellaxyz.io

Previously as Alpha Finance Lab and Alpha Venture DAO, Stella core development team has pioneered in ‘leveraged DeFi’ since 2020. These developments include building the Alpha Homora, that has a peak TVL of $1.9B, first leveraged yield farming protocol, coming up and implementing key fundamental concepts such as tokenization and collateralization of LP tokens, and incubating a number of DeFi projects that went on to raise from top-tier VCs and list on tier-1 exchanges.

Under the new name (Stella) and the same token (ALPHA), the same core development team aims to double down on expertise in building an on-chain leveraged product. With Stella protocol that enables leveragoors to take leverage on various DeFi strategies with 0% cost to borrow and lenders to earn real yields without a maximum cap on lending APY, Stella aims to unlock highest yield potentials for DeFi users in this moderately low yield DeFi market.