How is this possible? It's easy in today's world of DeFi compatibility.

Blast is an incredible blockchain, your stablecoins and ETH are already generating revenue on this network. But this is too easy a path. I will show you a solution to create yield-generating assets indexes suitable to almost any EVM network.

Yield-generating assets

Lending liquidity is one of the most convenient ways to earn in DeFi.

We have $50 in our account that will be used to create the index

In order to use capital more efficiently, we will select projects so that our multiplier is maximized.

In the category of exchanges, I chose Thruster Finance. Go to Thruster Analitycs and choose a pool.

You can use different approaches to select pools, I will take the pool that earns the most fees as an example, USDB/WETH 0.3% V3.

So I add liquidity in pool (Here you can find the guide)

This is how this LP-NFT looks in the Envelop NFT Oracle

Now we have 2x Multiplier for Blast points

Ok, let’s select projects in perp DEXes

I chose Wasabi. Go to Wasabi and select a vault.

I deposit to Wasabi USDB Vault my ERC-20 USDB and get Wasabi USDB Vault ERC-20 Token

and now we have 4x Multiplier

Compile Blast Index

Now we just wrap our yield-generating assets assets in an NFT vault using the Envelop protocol.

Some will ask why? But it is currently the only permissionless way to create a collateralized derivative in the form of an index. You don’t get a third party (broker, exchange and other custodian) representation of your assets, but an NFT that literally contains your assets. This NFT is fully compliant with the ERC-721, ERC-1155 standards.

I wanted my index to have an attractive cover, so I pre-minted an AI-NFT for it here

Now go to Envelop wrapper dApp and add your NFT in Advanced mode

Add our yield-generating assets

You can leave the other settings as default, but I usually turn on the timelock to follow a predefined investment strategy and not to give in to fear. In this case, your index will remain liquid, you can trade it, but you will not be able to unwrap and take out the collateral until the lockup ends.

Click the Wrap button

This is our transactioin

and this is our wNFT index

Envelop is a programmable asset protocol

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