Sterling Finance is a Solidly fork built on the Arbitrum Network. Sterling Finance aims to act as a solution for protocols on Arbitrum to properly incentivize liquidity for their own use cases. Sterling addresses well-known issues such as problems with liquidity incentivization, ensuring productive gauges, and tying rewards with emissions. To recall, the key innovation of Solidly was to align protocol emissions with fees generated, not simply liquidity. To do this, it would allow protocols and other large stakeholders to become veNFT "voters", using their locked voting power to direct future emissions and collecting fees (termed bribes) from the pools they voted for.

The core functionality of Sterling is to allow users to trade digital assets in a secure way, with very low fees and low slippage. Sterling offers two different liquidity pool types based on token pair needs, Stable Pools and Volatile Pools.

STR can be locked in the form of veSTR into an NFT which adopts the vote escrow model for obtaining fees and directing emissions. Various lock periods can be selected.

Voting and Rewards

veSTR holders decide which liquidity pools receive emissions in a given epoch by voting on their preferred liquidity pool gauges. $STR emissions will be distributed proportionally to the total votes a liquidity pool receives. In return, voters receive 100% of the trading fees and bribes collected through the liquidity pool they vote for.