How to Earn StakeWise Staked ETH (OSETH): A Comprehensive Guide for Australians

Introduction

Lending StakeWise Staked ETH can be a great option for those who want to hold OSETH 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 StakeWise Staked ETH (OSETH) tokens
To lend StakeWise Staked ETH, you need to possess it. To acquire StakeWise Staked ETH, you'll need to buy it. You can select from these popular exchanges.
2. Choose a StakeWise Staked ETH lender
Once you have OSETH, you'll need to choose a StakeWise Staked ETH lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Aave StakeWise Staked ETH (OSETH) Up to 0.14% p.a.
Compound StakeWise Staked ETH (OSETH) Up to 0.21% p.a.
See all 4 lending rates
3. Earn StakeWise Staked ETH
Once you've chosen a platform to earn your StakeWise Staked ETH, transfer your StakeWise Staked ETH 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.

Platform	Coin	Interest rate
Aave	StakeWise Staked ETH (OSETH)	Up to 0.14% p.a.
Compound	StakeWise Staked ETH (OSETH)	Up to 0.21% p.a.

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.