Introduction
Lending GHO can be a great option for those who want to hold GHO 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. Obtain GHO (GHO) tokens
To lend GHO, you need to possess it. To acquire GHO, you'll need to buy it. You can select from these popular exchanges.
2. Choose a GHO lender
Once you have GHO, you'll need to choose a GHO lending platform to lend your tokens. You can find some options here.
3. Earn GHO
Once you've chosen a platform to earn your GHO, transfer your GHO 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. 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.
Latest Movements
missing en-au translation: common.latest-movements-copy
- Market capitalisation
- USDĀ 148.56M
- 24-hour volume
- USDĀ 6.76M
- Circulating supply
- 148.61M GHO
