Stella
  • Overview
    • 🌠Getting Started
    • 🤝Pay-As-You-Earn (PAYE) Model
  • Protocol Mechanism
    • ❓How Stella Works?
    • 🚀Stella Strategy
      • Why Stella Strategy is Unique?
      • Strategy Type
      • Asset Type
      • Strategy Exposure
      • Collateral Factor
      • Borrow Factor
      • Credits
      • Price Range & Liquidity Shape
      • Liquidation
        • Liquidation Discount
        • Post-Liquidation Value
        • Pendle/Penpie Liquidation Price
      • Price Impact
      • Leverage
      • Supported Strategies
    • 🏦Stella Lend
      • Why Stella Lend is Unique?
      • Pool Type
      • Supported Assets
      • Yield Vault
      • Withdrawal Delay
    • 💰Yield Calculation
      • PAYE Graph
      • Yield Sharing
    • ⚠️Risk Framework
      • Precautionary Measures
      • Slow Mode
  • App Guide
    • Walkthrough Stella APP
    • Open a position
    • Close a Position
    • View Your Position
    • Add/Remove Extra Collateral
    • Claim Assets from Liquidated Position
    • Deposit & Withdraw Assets
  • Developers
    • 📃Contract Addresses
      • Core
      • Stella Strategy
      • Stella Lend
      • Oracle
    • 📜Contract ABI
    • ⚙️API
  • Tokenomics
    • 🎯ALPHA Token
    • ⚡Staking & Protocol Fees
    • 👥Token Distribution
  • Additional Information
    • 🟠About Stella
    • 🔎Audit Reports
    • 📣Community Links
    • 📸Media Kit
    • ❔FAQ
    • 📖Terms of Use
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  1. App Guide

Open a position

How to open a leveraged position on Uniswap v3

PreviousWalkthrough Stella APPNextClose a Position

Last updated 1 year ago

  1. Go to Strategy List

  1. Select a strategy and click "Open"

  2. [For UniV3, TJv2 Strategy Only] Select a "Price Range" you want to provide liquidity. This indicate the price range you will earn trading fees on. Then click "Next" to proceed. (For Trader Joe V2, you can also choose a "shape" that you want to provide liquidity to.)

  1. Supply asset as your input. You can supply starting from 1 asset. The supplied amount will impact how much you can lever up.

  1. If you choose to borrow by leverage (default), you can just select leverage level you want. Stella will automatically borrow as efficient as possible to minimize price impact. (min. leverage is set at 2x and min. borrow amount is $50.)

  1. Review your position summary before confirmation

Borrow By Amount

This will allow you to customize your borrow amount to fit strategic need.

  1. Follow step 1-4 as above (to supply asset)

  2. Select a "Borrow By Amount". In this mode, you will get assigned a max credit based on the supplied asset. Each borrowed asset is assigned a credit/USD.

MaxCredit = Supply($)*AssetCredit*(MaxLev-1)
  1. Input the amount you want to borrow based on available credit. (Note: Current Credit = asset credit*input token value($)

  1. Review your position summary before confirmation

Strategy List on Stella Strategy
Select A Price Range
Step 2 - Supply Asset
Step 2 - Borrow By Leverage
Step 2 - Borrow By Amount