Where and How to Earn sUSD (Optimism) (SUSD)

Introduction

Lending sUSD (Optimism) can be a great option for those who want to hold SUSD 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 sUSD (Optimism) (SUSD) Tokens

   To lend sUSD (Optimism), you'll need to have it. To get sUSD (Optimism), you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Gate.io	sUSD (Optimism) (SUSD)	0.93

2. 2. Choose a sUSD (Optimism) Lender

   Once you have SUSD, you'll need to choose a sUSD (Optimism) lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Aave	sUSD (Optimism) (SUSD)	Up to 61.67% APY

3. 3. Earn sUSD (Optimism)

   Once you've chosen a platform for earning your sUSD (Optimism), transfer your sUSD (Optimism) 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.