Where and How to Earn Rocket Pool (RPL)

Introduction

Lending Rocket Pool can be a great option for those who want to hold RPL but earn yield. The steps can be 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. Acquire Rocket Pool (RPL) Tokens

   To lend Rocket Pool, you'll need to have it. To get Rocket Pool, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Rocket Pool (RPL)	6.13
   Kraken	Rocket Pool (RPL)	4.87
   OKX	Rocket Pool (RPL)	5.31
   Binance	Rocket Pool (RPL)	4.88
   Coinbase	Rocket Pool (RPL)	4.87
   MEXC Global	Rocket Pool (RPL)	4.86

   See all 46 prices

2. 2. Choose a Rocket Pool Lender

   Once you have RPL, you'll need to choose a Rocket Pool lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Aave	Rocket Pool (RPL)	Up to 2.99% APY
   Kucoin	Rocket Pool (RPL)	Up to 0.5% APY

   See all 4 borrowing rates

3. 3. Earn Rocket Pool

   Once you've chosen a platform for earning your Rocket Pool, transfer your Rocket Pool into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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. Try to make sure your earning platform pays compounding interest to maximise your returns.

What to be Aware of

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