Blend Autocompound Strategy - DeFindex

What it does

Blend Capital is a lending protocol on Stellar. Lending USDC there pays interest in USDC plus a reward in BLND, Blend’s platform token. Two returns in two different assets, and the BLND sits there doing nothing until someone claims it. The strategy closes that loop on its own:

Lend the underlying asset on Blend.
Wait.
Claim the BLND rewards.
Swap BLND for the underlying asset on Soroswap.
Lend the proceeds back into the pool.

Step 5 is what turns Blend’s APR into an APY. Nothing is minted on reinvestment, so the same shares are now backed by more underlying and the price per share goes up. That is the number the vault reads to price its dfTokens. Harvest is keeper-gated and takes an optional minimum amount out, so the BLND swap cannot be sandwiched.

Code

Read the code here: strategies/blend.

Deployed instances

One contract per asset and per Blend pool. All of them run the same hash, so the code above is the code on chain. Addresses are on Contract Deployments.