I haven't used it but as I understand it fluctuates around the USD. It does this through market makers going long and others short. Basically what happens is that if the price goes down you get more sats, and if the price goes up you get less.

Nah, I don't want to sit-out bears again and again, only to hope for a "good" exit around the "top" next time... I want some stability.

ELI5 on stable sats?

Fabs

I don't think you'll need to with bitcoin growing purchasing power over time.

I guess if you want to hedge some risk you could trade futures or options in case of some large downward swings.

There are DLC's that you could use over lightning. Or there's the "stable sats" thing with blink wallet.

Personal_Finance

How can one create passive income through one's bitcoin (profits)?

I don't think you'll need to with bitcoin growing purchasing power over time.

I guess if you want to hedge some risk you could trade futures or options in case of some large downward swings.

There are DLC's that you could use over lightning. Or there's the "stable sats" thing with blink wallet.