Yield-Bearing Assets on Stellar: Unlocking Potential with Soroban

1. Using the left-side menu, navigate to ‘Asset Management’:

2. Here select an existing asset from the list of assets issued in the Sandbox or click on ‘Forge Asset’ to create your own custom asset from scratch. Refer to the Sandbox Knowledge Base for a step-by-step guide on how to issue your own asset.

1. Using the left-side menu, navigate to ‘Treasury’

2. Here select an existing vault from the list that operates with the chosen asset or click on ‘Create vault’ to create your own custom vault from scratch. Refer to the Sandbox Knowledge Base for a step-by-step guide on how to create your own vault.

1. Using the left-side menu, navigate to ‘Yield-bearing asset’

2. In this section, you’ll see the full list of yield-bearing assets created in the Sandbox. Here click on the button labeled ‘New Yield-bearing asset’

3. Input the personalized configuration with parameters that define the asset terms. Begin by selecting the previously chosen vault and asset, then proceed with the details of the interest mechanism and penalty. Once all fields are populated, click on the ‘Create Yield-bearing asset’ button.

This step may take a few seconds as the Sandbox is automatically running all the necessary steps to deploy a new smart contract, initialize with the custom parameters, and manage the underlying transactions necessary to execute the whole workflow.

Done! You have a Yield-bearing Asset!

Once the Sandbox finishes its process you’ll be directly taken to the list of yield-bearing assets. You should be able to immediately spot your own custom asset in the list showcasing the defined rules for the yield rate.

Now, Sandbox users may access this asset and perform a deposit to engage with its automated interest-yielding mechanism in testnet. With the contract live, all deposits from users will directly go to the vault.

This step showcases how vault managers can implement custom strategies for fund management, balancing security with growth.

Here we invite you to interact with these test assets and monitor the vault’s balance and transaction history to track deposits. This helps demonstrate the importance of developing a strategy for managing the funds within the vault to maximize returns for the depositors while ensuring the principal is secure.

1. On the left-side bottom menu, click on ‘Profile’. This will take you to your user’s profile page.

2. On your profile page, click on ‘Create my wallet’. In case your user already has a wallet, the button will be named ‘Access my wallet’.

3. Your wallet page is very similar to a treasury vault and can be managed in the same way, with the difference that only you can access your personal wallet and manage it.

Here, click on the pencil icon at the right side of the ‘Assets’ header to trigger the editing mode for your balances.

While in edit mode, make sure to select the yield-bearing asset and click on ‘save’. This will ensure your wallet can hold balances of this asset

4. Now, you just need to send some units of this asset to fund your wallet. This can be done by sending funds from one of the existing vaults in the ‘Treasury’ area if you have treasury management permissions or by distributing directly from the asset main vault, under the ‘Asset Management’ area if you have asset management permissions.

Once you have funds, you should be able to see the balance by hovering your cursor over the top-right section labeled ‘My wallet’.

1. Using the left-side menu, navigate to ‘Yield-bearing asset’.

2. In this section, you’ll see the full list of test yield-bearing assets created in the Sandbox. Here click on the asset that contains the interest-yielding rules that you would like to interact with. You’ll be taken to the instrument’s individual page.

3. Here, one may review the details of this asset. On the right side, input the desired amount and click on ‘Deposit’.

Once your deposit is confirmed, you should see it under the history list as well as real-time updated position on the right side, showing how much interest has been accrued to your deposit.

The withdrawal will be automatically processed and you should see your updated balance as well as the details of your transaction in the history list.

Once you have a deposit in place, watch as your deposit position updates in real time within the Sandbox. This allows you to track the accrual of interest based on the terms of the test asset. As time goes by, the rules are automatically applied, updating the balance of your deposit.

By default, once the term for your deposit is reached, it will stop accruing interest and the ‘withdraw’ button will be enabled to withdraw the full amount.

At any moment, you might decide to withdraw early and take the penalty stipulated in the contract. For that, just select the check box for ‘I would like to anticipate my withdrawal’ and click on ‘Withdraw with penalty’.