On Aug 11 2021 we've started using underlying assets deposited to Apay to generate yield. Yield is then passed on to users as daily payments.
Following assets are participating:
- BTC ~5% APY
- LTC ~5% APY
- ETH ~5% APY
- USDT ~10% APY
Other tokens, such as BAT and LINK are not currently participating.
There is a minimum balance that you must have to be eligible (It's uneconomical to push pennies around):
- 0.01 BTC
- 0.1 ETH
- 1 LTC
- 100 USDT
User balances are measured at a certain time every day and daily payment proportional to the asset balance is sent shortly after that. If you transfer your asset balance to another stellar account - this new account will start receiving daily payments instead of yours.
Transparency:
You can see for yourself what it looks like:
https://stellar.expert/explorer/public/account/GBTWB3ZQ4BOULCCJ6JFPD5AQAORCJCC3J4PZSQKRXIUKGBSN7YQXLM7N