Earn up to
30% p.a.
A comprehensive guide on how to lend Eigenlayer (EIGEN)
We have a wealth of data on lending Eigenlayer (EIGEN) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Eigenlayer (EIGEN) is currently priced at USD 30 with a 24-hour trading volume of USD 85.9M. The market cap of Eigenlayer stands at USD 679.12M, with 210.81M EIGEN in circulation. For those looking to buy or trade Eigenlayer, YouHodler offers avenues to do so securely and efficiently
Lending Eigenlayer can be a great option for those who want to hold EIGEN 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.
To lend Eigenlayer, you need to possess it. To acquire Eigenlayer, you'll need to buy it. You can select from these popular exchanges.
Once you have EIGEN, you'll need to choose a Eigenlayer lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| YouHodler | Eigenlayer (EIGEN) | Up to 30% p.a. |
| Kucoin | Eigenlayer (EIGEN) | Up to 1.34% p.a. |
Once you've chosen a platform to lend your Eigenlayer, transfer your Eigenlayer 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.
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.
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.
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