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| 1 | +--- |
| 2 | + |
| 3 | +title: Blend Lending with Wraith Stealth Addresses |
| 4 | +description: Borrow, claim interest, and manage Blend positions entirely from stealth addresses. |
| 5 | + |
| 6 | +--- |
| 7 | + |
| 8 | +# Blend × Wraith Integration |
| 9 | + |
| 10 | +Blend is the main Soroban lending protocol on Stellar. |
| 11 | +Wraith adds privacy through stealth addresses. |
| 12 | +This guide shows you how to combine both: borrow, claim interest, and manage your |
| 13 | +position without ever exposing your main wallet. |
| 14 | + |
| 15 | +## Prerequisites |
| 16 | + |
| 17 | +- A Soroban-funded testnet account (use Friendbot). |
| 18 | +- Some testnet XLM for fees. |
| 19 | +- Lobstr (with testnet mode) or any Stellar testnet wallet. |
| 20 | +- Basic familiarity with Soroban transactions. |
| 21 | + |
| 22 | +## 1. Borrow to a Stealth Address |
| 23 | + |
| 24 | +Borrowing directly into a stealth address keeps your loan destination private. |
| 25 | + |
| 26 | +1. Generate a stealth address using Wraith’s CLI or SDK. |
| 27 | + ```bash |
| 28 | + # Example using Wraith CLI (install with npm) |
| 29 | + wraith generate --recipient <your_public_key> |
| 30 | + ``` |
| 31 | + This returns a stealthAddress and a stealthPrivateKey (keep the private key safe). |
| 32 | +2. Deposit collateral on Blend (e.g., XLM as collateral). |
| 33 | + Visit the Blend testnet dApp or use Soroban CLI to submit a supply transaction. |
| 34 | +3. Borrow the asset but set the recipient to the stealth address. |
| 35 | + Instead of calling borrow with your own address, you provide the stealth address. |
| 36 | + Example Soroban contract call (pseudo‑code): |
| 37 | + ```rust |
| 38 | + let blend_client = blend::Client::new(&env, &YOUR_TESTNET_BLEND_CONTRACT_ID); |
| 39 | + blend_client.borrow( |
| 40 | + &from, // your main wallet (must be signed) |
| 41 | + &asset, // e.g. USDC |
| 42 | + &amount, |
| 43 | + &stealth_address, // the generated stealth address |
| 44 | + ); |
| 45 | + ``` |
| 46 | + Test this on testnet using the Blend Soroban contract and a Wraith‑generated stealth address. |
| 47 | + Verify the borrowed tokens appear in the stealth address’s balance on the explorer. |
| 48 | +4. Withdraw from the stealth address later using the stealthPrivateKey. |
| 49 | + Wraith provides a reveal function to prove ownership and sweep funds back to a public key. |
| 50 | + |
| 51 | +## 2. Claim Borrow Interest into Stealth |
| 52 | + |
| 53 | +Blend users earn interest on supplied collateral. You can redirect interest payments |
| 54 | +to a stealth address for private yield. |
| 55 | + |
| 56 | +1. Prepare a stealth address (as above). |
| 57 | +2. Call Blend’s claim_rewards or claim_interest with the stealth address as the |
| 58 | + destination. |
| 59 | + ```rust |
| 60 | + blend_client.claim_interest( |
| 61 | + &from, |
| 62 | + &asset, |
| 63 | + &stealth_address, |
| 64 | + ); |
| 65 | + ``` |
| 66 | +3. Testnet verification: |
| 67 | + - Supply some XLM/USDC to Blend. |
| 68 | + - Wait for a small interest accrual (you can fast‑forward time on testnet). |
| 69 | + - Claim interest to the stealth address. |
| 70 | + - Use the Wraith reveal to confirm the funds arrived. |
| 71 | + |
| 72 | +## 3. Position Management from a Stealth Address |
| 73 | + |
| 74 | +You can check your borrow position’s health and repay debt without linking it to your |
| 75 | +public identity. |
| 76 | + |
| 77 | +### Viewing Position Health |
| 78 | + |
| 79 | +- Use Blend’s read‑only contract functions with your public key. |
| 80 | + But to prove ownership from a stealth address, Wraith’s SDK can generate a |
| 81 | + zero‑knowledge proof that you control the stealth private key. |
| 82 | + ```bash |
| 83 | + wraith prove --stealth-key <key> --contract blend --function get_position |
| 84 | + ``` |
| 85 | + This returns an authorized view of your position. |
| 86 | + |
| 87 | +### Repaying Debt |
| 88 | + |
| 89 | +- You can repay directly from the stealth address by signing a transaction with the |
| 90 | + stealth private key. Make sure the stealth address has the required asset to repay. |
| 91 | + ```rust |
| 92 | + // Sign with stealthPrivateKey |
| 93 | + blend_client.repay(&stealth_address, &asset, &amount); |
| 94 | + ``` |
| 95 | + |
| 96 | +### Adding Collateral |
| 97 | + |
| 98 | +- Similarly, you can top up collateral from the stealth address if funds are there. |
| 99 | + |
| 100 | +## 4. Liquidation Risk Callouts |
| 101 | + |
| 102 | +- Stealth addresses are invisible to public block explorers. |
| 103 | + If your borrow position becomes under‑collateralized, Blend’s liquidation bot |
| 104 | + cannot directly seize collateral from a stealth address. |
| 105 | + You must self‑liquidate or add collateral in time. |
| 106 | +- No automatic alerts – you are responsible for monitoring your position health. |
| 107 | +- Funds in a stealth address are not frozen – but if the address has no funds to |
| 108 | + cover the debt, your original collateral (in the public pool) can be lost. |
| 109 | +- Always keep the stealth private key backed up – losing it means losing all |
| 110 | + funds held in that stealth address. |
| 111 | + |
| 112 | +## 5. Testnet Example |
| 113 | + |
| 114 | +Complete walk‑through on Stellar testnet: |
| 115 | + |
| 116 | +1. Create two testnet accounts (Main and Stealth). |
| 117 | +2. Fund Main via Friendbot. |
| 118 | +3. Supply 100 testnet XLM to Blend as collateral. |
| 119 | +4. Generate a stealth address for Main (using Wraith). |
| 120 | +5. Borrow 50 testnet USDC to the stealth address. |
| 121 | +6. Verify on testnet explorer that USDC arrived at the stealth address. |
| 122 | +7. Wait 1 minute → claim interest to a second stealth address. |
| 123 | +8. Repay half the loan from the stealth address by signing with stealth key. |
| 124 | +9. Observe position health via Wraith proof. |
| 125 | + |
| 126 | +All snippets above must pass CI. Use the exact contract IDs from Blend testnet |
| 127 | +deployments (check the Blend docs for testnet addresses). |
| 128 | + |
| 129 | +--- |
| 130 | + |
| 131 | + |
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