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Introduction

Lending DAO Maker can be a great option for those who want to hold DAO while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain DAO Maker (DAO) tokens

   To lend DAO Maker, you need to possess it. To acquire DAO Maker, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   BTSE	DAO Maker (DAO)	0.06
   OKX	DAO Maker (DAO)	0.14
   BingX	DAO Maker (DAO)	0.06
   Bitget	DAO Maker (DAO)	0.06
   Gate.io	DAO Maker (DAO)	0.06
   Hotcoin	DAO Maker (DAO)	0.14

   See all 18 prices

2. 2. Choose a DAO Maker lender

   Once you have DAO, you'll need to choose a DAO Maker lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	DAO Maker (DAO)	Up to 0.5% p.a.

3. 3. Earn DAO Maker

   Once you've chosen a platform to earn your DAO Maker, transfer your DAO Maker into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your earning platform pays compounding interest to maximise your returns.

What to Be Aware Of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.