Stella, the Leveraged Strategies Protocol With 0% Cost to Borrow

Pioneering the Pay-As-You-Earn Model Firsthand on Arbitrum and Unleashing Capital Efficiency Like Never Before

“Alpha Venture DAO will now be known as Stella, the leveraged strategies protocol with 0% cost to borrow.”

Welcome to Stella. Our mission is to redefine how ‘leveraged DeFi’ works. DeFi needs a good leverage system in order to drive more usages on DEXes and money markets, the fundamental building blocks of DeFi. With growing usages on these fundamentals, more protocols and new innovations can arise and tap into the deep liquidity and robust foundation. Stella’s 0% cost to borrow and Pay-As-You-Earn model, for the first time, align incentives between borrowers (or “leveragoors”) and lenders, presenting a whole new and better way of how leveraged DeFi should be — the way that one party does not lose when the other party gains.

$ALPHA will continue to be the token for Stella protocol for those who share common interests in advancing the protocol’s success for a stronger DeFi ecosystem.

Stella is delighted to bring 0% cost to borrow for users (or “leveragoors”) who want to take leverage on various supported DeFi strategies without paying any borrow cost. This remarkable innovation is made possible by Stella’s ‘Pay-As-You-Earn’ (PAYE) model, designed to help leveragoors and lenders get the highest yield potential in DeFi.

Want to LP on ETH/stETH on leverage and get trading fees? Want to stake ETH on leverage? Or want to take directional play (long/short) while getting trading fees from LP? Whatever on-chain strategies that leveragoors want to use (and safe enough to be supported), then Stella will support at 0% cost to borrow.

Get ready to experience the pinnacle of DeFi innovation!

A Fresh Start Beyond Interest Rate Model (IRM): Pay-As-You-Earn (PAYE) Model Where Leveragoors Pay 0% Cost to Borrow, No Gain No Pay

The prevalent IRM is what limits users from generating high real DeFi yields. Have you seen a leveraged LP position with a negative APY? Leveraged yield farming APY that is positive but driven by the additional incentives and not from real DeFi yields? With DeFi not going to have 3-digit or 4-digit yield opportunities anymore, Stella’s 0% cost to borrow and Pay-As-You-Earn (PAYE) model are the ultimate solutions for the current and future DeFi market.

The existing utilization-based IRM is replaced with Pay-As-You-Earn (PAYE) model, aligning the incentives of both leveragoors and lenders and enabling fair and high real DeFi yields for all parties involved. Ultimately, setting a new fundamental standard for the next-level DeFi innovation through new ways of leveraging and lending.

The Birth of A New Era for Leveraged Strategies With 0% Cost to Borrow Begins on Arbitrum in June 2023

Stella’s leveraged strategies with 0% cost to borrow will bring high real yield opportunities through two core components: Stella Strategy and Stella Lend.

• Stella Strategy: Leveragoors can access multiple selections of leveraged strategies with 0% borrowing interest for the first time and get yields starting with Uniswap V3 liquidity pools on Arbitrum in June 2023.
  The leveraged Uniswap V3 strategies at launch:
  - WETH-USDC (0.05%, 0.3%)
  - WETH-USDT (0.05%)
  - ARB-USDC (0.3%, 1%)
  - WETH-ARB (0.05%, 0.3%, 1%)
• Stella Lend: Lenders can lend assets to the lending pool on Stella and get real yields. Yields generated by leveraged strategies conducted by leveragoors are shared to lenders. Because lending APY is the yields shared from leveragoors, there is no maximum cap to the lending APY.

Stella’s Roadmap for Q2 and Q3 2023

• 🚀 Launch on Arbitrum in June 2023
• Integrate with more protocols with high yield potential on Arbitrum such as GMX’s GLP and Camelot
• Add more yield opportunities by supporting in-demand liquidity pools and assets
• Support more in-demand leveraged strategies
• Analytic dashboard on Dune Analytics
• 🚀 Launch on Ethereum in Q3 2023

Become the First to Experience Stella

Join Stella’s Discord exclusive lounge to be a part of the next chapter, be the first to receive exclusive contents, and interact directly with core contributors.

To get access, claim your role here: https://guild.xyz/stella. Or feel free to check out Stella community first directly on Discord: discord.stellaxyz.io

• *Please note that the Alpha Discord will continue to be maintained. For any inquiries regarding past incubated projects or past products, please reach out to the Alpha Discord community.

About Stella Core Development Team

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.