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Stella priceALPHA
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About Stella (ALPHA)
What is Stella (Previously Alpha Finance Lab) (ALPHA)?
Stella is a research lab and asset management platform that aims to bring DeFi to the wider public through its Alpha products. Stella is focused on revolutionizing the way decentralized applications are built, managed and owned, in order to shape the future of Web3. Established in 2020, Stella was rebranded from Alpha Venture DAO and is powered by the native token ALPHA. You can check the current price of the ALPHA token on Bitget where it is updated in real-time.
Stella offers a unique ecosystem where blockchain developers are able to create their own decentralized Web3 applications through its platform. They can connect and receive support from professionals in various industries, including content creators who are also part of the network. Those who contribute to building these applications have early access to network projects and the opportunity to participate in the Stella network.
Stella also functions as a venture capital fund for Web3 applications and has successfully incubated various projects like Beta Finance, pStake, and GuildFi. These projects have launched their native tokens on the Stella platform, making it a versatile ecosystem that supports various Web3-based ventures.
Who are the Founders of Stella (ALPHA)?
Tascha Punyaneramitdee is the Project Lead with prior experience as Head of Strategy at Band Protocol, Product Manager at Tencent, and Investment Banking Analyst at Jefferies.
Nipun Pitimanaaree is the Tech Lead with previous work as the Chief Research Officer at OZT Robotics.
Arin Trongsantipong is the Product Lead with past experience as a Software Engineer at SCB 10X, SCBC, and Cleverse.
How does Stella (ALPHA) Work?
By utilizing Stella Lend, Stella Strategy users can borrow funds at 0% cost to increase their positions, resulting in larger position sizes and higher yields from trading fees, token rewards, or price exposure. Unlike the traditional method of accruing borrow interest based on utilization, Stella Strategy users only pay a fee for borrowed liquidity from Stella Lend when closing a leveraged position with a positive yield. Stella Lend also allows users to passively earn APY through in-kind token rewards without a maximum cap on lending APY. As a result of Stella's PAYE model, lenders receive a portion of the net yield generated by borrowers in the form of lending APY.
What is the ALPHA Token?
The ALPHA token serves as the primary payment method on the protocol and is utilized for staking in Alpha Lending, governance, and liquidity mining.
Conclusion
Stella is a promising platform that can revolutionize the way decentralized applications are built. It offers support from professionals in various industries and provides a valuable opportunity for blockchain developers. As a venture capital fund, Stella has successfully incubated various Web3-based projects, making it a versatile ecosystem that supports a wide range of ventures.
ALPHA to local currency
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How to buy Stella(ALPHA)
Create Your Free Bitget Account
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Buy Stella (ALPHA)
Trade ALPHA perpetual futures
After having successfully signed up on Bitget and purchased USDT or ALPHA tokens, you can start trading derivatives, including ALPHA futures and margin trading to increase your income.
The current price of ALPHA is $0.1197, with a 24h price change of +4.10%. Traders can profit by either going long or short onALPHA futures.
Join ALPHA copy trading by following elite traders.
Stella news
Bitget has launched ALPHAUSDT for futures trading with a maximum leverage of 50, along with support for futures trading bots, on October 23, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. ALPHAUSDT-M perpetual futures: Parameters Details Listin