# Strategy Exposure Users can use Stella Strategy to execute a liquidity providing strategy with exposure within a few clicks. By using an exposure strategy, user can gain more from asset price volatility on top of trading fees. ### Long Strategy If leveragoors are **bullish on Asset X** (i.e. believe that the price of Asset X will increase against Asset Y) in the future, they can execute Long Exposure Strategy on X. Their position value will increase when X price rise, allowing them to gain in addition to trading fees. To give an example on ETH/USDC.e strategy, a leveragoor who believes that **ETH price will rise** (relatively to USDC) will **borrow USDC** when opening a position to maximize their **LONG exposure on ETH**. As ETH price gets higher and the LP is rebalanced, original debt amount remains the same. This leads to extra yield when repaying debt at position closure. ### Short Strategy If leveragoors are **bearish on Asset X** (i.e. believe that the price of Asset X will decrease against Asset Y) in the future, they can execute Short Exposure Strategy on X. Their position value will increase when X price drops, allowing them to gain in addition to trading fees. To give an example, on ETH/USDC.e strategy, a leveragoor who believes that **ETH price will drop** (relatively to USDC) will **borrow ETH** when opening a position to maximize their **SHORT exposure on ETH**. As ETH price gets lower and the LP is rebalanced, original debt amount remains the same. This leads to repaying debt at discount at position closure. ### Neutral Strategy If leveragoor believes that prices of all assets in a strategy will remain the same relatively to one another, they can use the Neutral Strategy to **minimize net exposure** by simultaneously having the **same level of LONG and SHORT** exposure on both assets. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.stellaxyz.io/stella-doc/stella-yield/stella-strategy/strategy-exposure.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.