Introduction
Lending Uniswap can be a great option for those who want to hold UNI but earn yield. The steps can be a little 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 Uniswap (UNI) Tokens
To be able to lend Uniswap, you need to have it. To get Uniswap, you’ll have to buy it. You can pick from these popular exchanges.
See all 31 pricesPlatform Coin Price Nexo Uniswap (UNI) 13.59 PrimeXBT Uniswap (UNI) 13.54 M2 Uniswap (UNI) 13.55 Uphold Uniswap (UNI) 13.55 OKX Uniswap (UNI) 13.55 YouHodler Uniswap (UNI) 13.56 2. Choose a Uniswap Lender
Once you have UNI, you’ll need to choose a Uniswap lending platform to lend your tokens. You can see some options here.
See all 5 borrowing ratesPlatform Coin Interest rate YouHodler Uniswap (UNI) Up to 12 APY Aave Uniswap (UNI) Up to 0.01 APY Blockchain.com Uniswap (UNI) Up to 1 APY 3. Lend Your Uniswap
Once you’ve chosen a platform to lend your Uniswap, transfer your Uniswap into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 lending 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
Uniswap (UNI) is currently priced at USD 0.01 with a 24-hour trading volume of USD 420.53M. The market cap of Uniswap stands at USD 7.99B, with USD 600.48M UNI in circulation. For those looking to buy or trade Uniswap, YouHodler offers avenues to do so securely and efficiently
- Market cap
- USD 7.99B
- 24h volume
- USD 420.53M
- Circulating supply
- USD 600.48M
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