Introduction
Lending Vulcan Forged can be a great option for those who want to hold PYR 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 Vulcan Forged (PYR) Tokens
To be able to lend Vulcan Forged, you need to have it. To get Vulcan Forged, you’ll have to buy it. You can pick from these popular exchanges.
2. Choose a Vulcan Forged Lender
Once you have PYR, you’ll need to choose a Vulcan Forged lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Vulcan Forged (PYR) Up to 0.45 APY 3. Lend Your Vulcan Forged
Once you’ve chosen a platform to lend your Vulcan Forged, transfer your Vulcan Forged 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
Vulcan Forged (PYR) is currently priced at USD 0.45 with a 24-hour trading volume of USD 6.85M. The market cap of Vulcan Forged stands at USD 67.05M, with 23.9M PYR in circulation. For those looking to buy or trade Vulcan Forged, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 67.05M
- 24h volume
- USD 6.85M
- Circulating supply
- 23.9M PYR