Introduction

Lending Marinade Staked SOL can be a great option for those who want to hold MSOL 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 Marinade Staked SOL (MSOL) Tokens

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

   Platform	Coin	Cost
   Coinbase	Marinade Staked SOL (MSOL)	185.51
   Kraken	Marinade Staked SOL (MSOL)	184.61
   Gate.io	Marinade Staked SOL (MSOL)	186.2

   See all 6 prices

2. 2. Choose a Marinade Staked SOL lender

   Once you have MSOL, you'll need to choose a Marinade Staked SOL lending platform to lend your tokens. You can find some options here.

3. 3. Lend Your Marinade Staked SOL

   Once you've chosen a platform to lend your Marinade Staked SOL, transfer your Marinade Staked SOL 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.