This article explores yield-bearing assets on Stellar using Soroban smart contracts, featuring the Stellar Asset Sandbox by Cheesecake Labs. It provides detailed guides for creating and managing certificates of deposit and bonds on Stellar's testnet.
The article demonstrates how Soroban enables advanced financial instruments on Stellar by introducing programmable smart contracts that work seamlessly with Stellar's native asset management. The Stellar Asset Sandbox, developed by Cheesecake Labs and showcased at Meridian in Madrid, provides a no-code environment for experimenting with yield-bearing assets like certificates of deposit and bonds. The platform features vault-based yield management with customizable parameters including minimum deposits, term lengths, yield rates, early redemption penalties, and interest compounding options. The article includes comprehensive step-by-step guides for both administrators deploying yield-bearing assets and users participating in them, demonstrating real-time interest accrual and withdrawal mechanisms on Stellar's testnet.
