Leveraged Strategies Protocol Stella Integrates with GMX

Multi-chain leveraged strategies protocol Stella announced its integration with GMX to bring more yield opportunities to $GMX holders. The integration brings a new Uniswap V3 GMX/ETH strategy and a new $GMX lending pool.

Users can now open leveraged GMX/ETH positions on Uniswap V3 using Stella Strategy to earn higher trading fees. In addition, they can lend $GMX through Stella Lend to earn passive income.

Previously known as Alpha Finance Lab, Stella allows users to take leverage on supported DeFi strategies without paying any borrowing cost. Lenders can earn real yield shared from the borrowers as a lending APY.

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