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
      • Credits
      • Price Range & Liquidity Shape
      • Price Impact
      • Leverage
    • 🏦 Stella Lend
      • Why Stella Lend is Unique?
      • Yield Vault
      • Withdrawal Delay
    • ⚠️ Risk Framework
      • Precautionary Measures
      • Slow Mode
  • ADDITIONAL INFORMATION
    • 🟠 About Stella
    • ❔ FAQ
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  1. PROTOCOL MECHANISM
  2. 🏦 Stella Lend

Yield Vault

Collected shared yields from leveragoors aren't distributed immediately to lenders, but instead are accumulated to an intermediate vault where everyday 3% of the remaining rewards will be distributed to each lending pool as lending APY.

This process generates smoother streams of yields to lenders, making it harder to game the system by instantly making a large deposit to become a major contributor and receive a large shared yield portion when seeing a large amount of yields coming in from monitoring positions on Stella Strategy side.

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Last updated 4 months ago