Stella Launches New Proposal to Transform into Leveraged Infrastructure LitLayer
Leverage dApp Stella posted on the X platform that it has launched a new proposal to transform into LitLayer, a leverage infrastructure. LitLayer is a full-chain leverage infrastructure protocol with an intent-based architecture. As the number of L1/L2 increases, and the dispersion of liquidity between them increases, as well as increased user interest in using an on-chain leverage trading platform, LitLayer will become a full-chain infrastructure, capable of quickly and seamlessly creating leveraged trading applications on any chain. For on-chain traders, the LitLayer infrastructure will enable traders to take advantage of the large amount of liquidity from centralized exchanges, while maintaining self-custody.