TechFlow reports that Arbitrum-based DeFi protocol Stella has announced the launch of Phase 2 of the StellARB Incentive Rush (ARB STIP). Users can now earn ARB rewards by lending assets or opening leveraged positions on Stella.
Stella will distribute 186,000 ARB received from Arbitrum's Short-Term Incentive Program (STIP) to Stella Lend and Stella Strategy:
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120,000 ARB will be allocated to Stella Lend, boosting annualized lending yields to 7–12%;
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66,000 ARB will be allocated to Stella Strategy, providing an additional 20% reward on profits from closed positions each period.
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