A Builders’ DAO. We explore and innovate at the fringes of Web3 and drive significant value to Web3 users, and ultimately, alpha returns to the Alpha community.
*Resharing our previous proposal in Chinese for our Chinese community members*
Hi everyone! Stella will be rebranded to LitLayer in the coming months. This will help expand the scope of the project and become the infrastructure for cross-chain leverage products.
Lenders on the ETH Hyper Lending pool are collecting :
👉 3.2% APY in $ETH 👉 9.23 % APY in $ARB 👉 2.3k @eigenlayer points on the pool/ day 👉 679k @KelpDAO miles on the pool/ day 👉 1.3M @ether_fi points on the pool/ day
The rebranding proposal is now live. The goal is to transition from the current product, Stella (a leverage dApp), to LitLayer (an infrastructure protocol).
For more details and to vote, visit: https://snapshot.org/#/stellaxyz.eth/proposal/0xff261d20500e652925982ef0ecb88a627c7f10f96b72baa6972b2116730452c2
Stella has been working on making leverage better✨
Currently, Stella is considering the expansion of leverage LP into an omnichain leverage infrastructure protocol, which will capture more value than the current offering.