How to Lend Curve DAO (CRV) in Australia

Introduction

Lending Curve DAO can be a great option for those who want to hold CRV 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. 1. Obtain Curve DAO (CRV) Tokens

   To lend Curve DAO, you need to possess it. To acquire Curve DAO, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   Nexo	Curve DAO (CRV)	0.4
   PrimeXBT	Curve DAO (CRV)	0.4
   Binance	Curve DAO (CRV)	0.4
   BTSE	Curve DAO (CRV)	0.4
   Coinbase	Curve DAO (CRV)	0.4
   Kraken	Curve DAO (CRV)	0.4

   See all 71 prices

2. 2. Choose a Curve DAO lender

   Once you have CRV, you'll need to choose a Curve DAO lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Aave	Curve DAO (CRV)	Up to 1.58% p.a.
   Bitget	Curve DAO (CRV)	Up to 1% p.a.
   Blockchain.com	Curve DAO (CRV)	Up to 1% p.a.

   See all 9 lending rates

3. 3. Lend Your Curve DAO

   Once you've chosen a platform to lend your Curve DAO, transfer your Curve DAO into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your lending 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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.