Ethereum
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-5.46% last 24h
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24h vol
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Balance: $0
($65.72 M)
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CoinMarketCap.comStella, also known as Alpha Finance Lab (ALPHA), proposes a system designed to offer an alternative approach to leveraged decentralized finance (DeFi) through a leverage system. The mechanism of this system allows for the usage of decentralized exchanges (DEXes) and money markets, pivotal components of DeFi. Stella's mission revolves around harnessing ample liquidity, aiming to enhance the foundation of DeFi with widespread usage and primary protocols. Stella operates through two main elements - Stella Strategy and Stella Lend. Stella Strategy offers traders the option to choose from a selection of leveraged strategies without incurring borrowing fees, which can provide a platform for increased yield potential. On the other hand, Stella Lend serves as a platform for lenders to allocate their assets to Stella's lending pools. Yield generated through the Stella Strategy generates revenue for these lenders. Stella presents itself as an alternative for DeFi traders interested in exploring high yield potential that leverage could potentially offer, while ensuring borrowing operations are fee-free. It would be beneficial to refer to their official whitepaper for a deeper understanding of Stella's models, methods, and goals.
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ALPHA Metrics:
Current price: $0.0837
Market cap: $76.11 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $13.99 k
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