Introduction
Lending ConstitutionDAO can be a great option for those who want to hold PEOPLE 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 ConstitutionDAO (PEOPLE) Tokens
To lend ConstitutionDAO, you need to have it. To get ConstitutionDAO, you'll have to buy it. You can choose from these popular exchanges.
2. Choose a ConstitutionDAO Lender
Once you have PEOPLE, you'll need to choose a ConstitutionDAO lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate YouHodler ConstitutionDAO (PEOPLE) Up to 30% annual percentage yield 3. Earn ConstitutionDAO
Once you've chosen a platform to earn your ConstitutionDAO, transfer your ConstitutionDAO into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 earning platform pays compounding interest to maximize 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
ConstitutionDAO (PEOPLE) is currently priced at US$30 with a 24-hour trading volume of US$71.56M. The market cap of ConstitutionDAO is currently at US$193.94M, with 5.07B PEOPLE in circulation. For those interested in buying or trading ConstitutionDAO, YouHodler offers ways to do so securely and efficiently
- Market capitalization
- US$193.94M
- 24h volume
- US$71.56M
- Circulating supply
- 5.07B PEOPLE