Guide to earning passive income on Stellar through Blend Capital lending pools and Y-assets, offering APY rates up to 66% on backstop deposits and daily compounding yields with minimal effort required.
This video tutorial covers two main strategies for earning passive income on the Stellar blockchain without frequent trading. First, Blend Capital offers lending pools with APY rates ranging from 10-14% on stablecoins like USDC and EURC, plus backstop rewards up to 66% paid in BLEND tokens. The video demonstrates how to earn on XLM deposits by borrowing USDX to generate net returns around 6-7%. Second, Y-assets provide daily compounding yields by simply holding converted assets like Y-XLM, Y-USDC, Y-Bitcoin, and Y-Ethereum in a Stellar wallet. Both strategies require minimal active management, making them suitable for holders seeking passive income rather than active traders.
