Introduction
Lending sUSDS can be a great option for those who want to hold susds 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. Acquire sUSDS (susds) Tokens
To lend sUSDS, you'll need to have it. To get sUSDS, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a sUSDS Lender
Once you have susds, you'll need to choose a sUSDS lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Compound sUSDS (susds) Up to 1.39% APY 3. Earn sUSDS
Once you've chosen a platform for earning your sUSDS, transfer your sUSDS 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. 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.
Latest Movements
sUSDS (susds) is currently priced at USD 1.39 with a 24-hour trading volume of USD 2.88M. Over the last 24 hours, sUSDS has seen an increase of 311.21%. The market cap of sUSDS stands at USD 3.28B, with 3.15B susds in circulation. For those looking to buy or trade sUSDS, Compound offers avenues to do so securely and efficiently
- Market cap
- USD 3.28B
- 24h volume
- USD 2.88M
- Circulating supply
- 3.15B susds