Stella launches new proposal, plans to transform into leveraged infrastructure LitLayer

In a post on the X platform, leveraged dApp Stella stated that it has launched a new proposal to transition to a leveraged infrastructure, LitLayer, a chain-wide leveraged infrastructure protocol with an intent-based architecture. As the number of L1s/L2s increases, and liquidity dispersion between them increases, and user interest in using on-chain leveraged trading platforms grows, LitLayer will become a chain-wide infrastructure that enables the fast and seamless creation of leveraged trading applications on any chain. For on-chain traders, the LitLayer infrastructure will enable traders to take advantage of the massive liquidity of centralized exchanges while remaining self-hosted.