Leverage Pool Strategy with 0% Loan

Liquidity Pool is an important part of Defi, and liquidity providers benefit through protocol rewards and exchange fees. However, with the risk of impermanent loss, sometimes the rewards are not able to cover the losses felt by liquidity providers.

Therefore, one of the options this time that you can look at is the leveraged pool strategy with 0% loans even though this strategy has a large risk but it goes back to the risk factor we want to take.

What is Stella?

Stella is a leveraged pool protocol with 0% borrowing cost. In Stella, borrowers (or 'leveraged users') can take leverage on supported DeFi strategies without paying any borrowing fees. The lender gets the Real Yield shared from the leveraged user as the APY of lending, the more the leveraged user earns, the more the lender earns. This is made possible by Stella's 'Pay-As-You-Earn' (PAYE) model, which is designed to help both leveraged users and lenders earn the highest potential yield.


Stella is currently holding a Hypernova campaign for boosting APR on their platform.

Pay-As-You-Earn (PAYE) Model

Leveraged users will not be exposed to any loan fees, regardless of the asset utilisation rate. They will only incur fees when they generate yield, as per Stella's PAYE Chart, where a shared share of the yield is taken from the generated yield. The yield deducted from leveraged users is shared with lenders, improving capital efficiency without imposing a maximum cap on lending APY. This is a collective alignment of incentives between leveraged users and lenders.

Defi Tutorial

Visit the Stella app and select the strategy section Here you will be given a wide selection of pool strategies that are ready to be leveraged and earn incentive APR. if you choose to stable strategy you can select the wstETH pool.


there are two wstETH options from the Pendle and Penpie pools, where Penpie provides greater rewards, and can be leveraged up to 10x but it is not recommended to use too high leverage, determine your own risk factor so as not to be liquidated.


once you have chosen the pool strategy, you can deposit and manage your leveraged loan, the APR reward and the percentage to be liquidated can be seen on the right, you will be liquidated if the "Debt Ratio" touches 100%.


if you choose to pool volatile and are used to impermanent loss system, you can choose some other pools available.

for example from the JOE/ETH pool which offers APR up to hundreds of per cent, as well as given several leverage options from this pool, whether you want to leverage short or long or neutral.


if you don't want to take the risk of leveraging the pool but still want to feel the yield, you can use the lending feature "Lending", for ETH getting 11% APR and USDC.e 7.6%APR including incentives from Stella in the form of $ALPHA tokens.



To claim rewards or see our position, you can go to the Your Position menu, and if you want to monitor your position in real time you can add a telegram BOT available in the settings section.

Disclaimer: Not investment advice or an invitation to buy and sell certain assets, all investment decisions are in your hands, any losses or profits have nothing to do with me. DYOR - NFA