Introduction

Lending Hamster can be a great option for those who want to hold HAM 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 Hamster (HAM) Tokens

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

  2. 2. Choose a Hamster lender

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

  3. 3. Lend Your Hamster

    Once you've chosen a platform to lend your Hamster, transfer your Hamster 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.

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Important Notice

Important Notice