# Passive Income Strategy with Aptos

This is a **Step by Step Guide** on how you can build a **Passive Income Strategy with Aptos**, **using AptosLaunch**. There are 3 main steps you need to do:

1. **Supply $APT**
2. **Borrow $ALT**
3. **Stake the $ALT you borrowed**

**Earnings comes from:**

1. $APT Supply APY
2. $ALT Staking Reward

## How to Borrow $ALT?

**Step 1**: Buy Aptos Coin ($APT) from centralized exchanges. All top centralized exchanges currently support $APT trading. For example:

* Binance: <https://www.binance.com/en/trade/APT_USDT?theme=dark&type=spot>
* Kucoin: <https://www.kucoin.com/trade/APT-USDT>
* Huobi: <https://www.huobi.com/en-in/exchange/apt_usdt>

**Step 2:** Once you have bought $APT from the centralized exchanges, you can deposit your $APT into your crypto DeFi wallet. For example:&#x20;

* Pontem: <https://pontem.network/>
* Martian: <https://martianwallet.xyz/>
* Petra: <https://petra.app/>
* Crypto.com DeFi Wallet: <https://crypto.com/defi-wallet>

**Step 3:** Once you have installed the wallet extension from either one of the wallets above, **you would need to register $APT and confirm on your wallet.**&#x20;

**Step 4**: Once you have registered $APT on your wallet, you can then withdraw the $APT from your centralized exchanges and deposit into your crypto DeFi wallet. **You can check your balance on  your wallet.**

**Step 5:** You would need to register $ALT and confirm on your wallet. You can register $ALT on <https://staking.aptoslaunch.io/staking>

<figure><img src="https://175827639-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FBJyYhNSYWz9yGeuQQpX5%2Fuploads%2FwWxP6Yw38RFKbt2o4ism%2Fimage.png?alt=media&#x26;token=a286e7f3-9547-412a-8919-ab6ce3a7bf0a" alt=""><figcaption></figcaption></figure>

<figure><img src="https://175827639-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FBJyYhNSYWz9yGeuQQpX5%2Fuploads%2FK1geyEVuLEqxh2HMtE2N%2Fimage.png?alt=media&#x26;token=e09f8d6c-1048-455a-b66b-05b56325a0c2" alt=""><figcaption></figcaption></figure>

**Step 6:** You can now go to Abel Finance (**Aptos Grant Project and AptosLaunch Spaceport Project**) at <https://abelfinance.xyz/#/markets> to supply your $APT as collateral.

<figure><img src="https://175827639-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FBJyYhNSYWz9yGeuQQpX5%2Fuploads%2FkjkhPARLmyO3IkvHYFGg%2Fimage.png?alt=media&#x26;token=dfd40d86-e68f-4320-8b1f-cbe5874fdf6a" alt=""><figcaption><p>You get Supply APY when you supply $APT at Abel</p></figcaption></figure>

**Step 7:** Once you have supplied your $APT as collateral, you can now borrow $ALT at <https://abelfinance.xyz/#/markets>

## Stake your borrowed $ALT to get 20%APY

**Step 1**: Once you have the borrowed $ALT in your wallet. **You can check your balance on the Top right of the portal at** [**https://staking.aptoslaunch.io/staking**](https://staking.aptoslaunch.io/staking) **or on your wallet.**

**Step 2:** Stake your borrowed $ALT into the $ALT Staking Pool to get **20% APY** at <https://staking.aptoslaunch.io/staking>

<figure><img src="https://175827639-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FBJyYhNSYWz9yGeuQQpX5%2Fuploads%2FJJgR7Ov9zMQGfZRdDbFB%2Fimage.png?alt=media&#x26;token=86711e54-28f4-4396-b37a-11555f435f2c" alt=""><figcaption></figcaption></figure>

<figure><img src="https://175827639-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FBJyYhNSYWz9yGeuQQpX5%2Fuploads%2FjfcvF0CBhsmWh9b8N3zS%2Fimage.png?alt=media&#x26;token=0f48d211-b21f-4086-905e-110e04d17b81" alt=""><figcaption></figcaption></figure>

## How do you profit?

This is a **pure passive income strategy** that requires little effort. You will profit as long as:

* You earn passive Income by supplying $APT on Abel Finance&#x20;
* The funding cost/rate of borrowing $ALT at <https://abelfinance.xyz/#/markets> is **SMALLER than** Your $ALT staking rate at <https://staking.aptoslaunch.io/staking>

The $ALT staking rate at <https://staking.aptoslaunch.io/staking> is **consistently at 20% APY.**

***Note\*You can always repay the $ALT should you not wish to continue with the strategy. Not Financial Advice.***