Introduction
Lending DAO Maker can be a great option for those who want to hold DAO 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 DAO Maker (DAO) Tokens
To lend DAO Maker, you need to have it. To get DAO Maker, you'll have to buy it. You can choose from these popular exchanges.
See all 18 pricesPlatform Loonies Price OKX DAO Maker (DAO) 0.14 BTSE DAO Maker (DAO) 0.15 MEXC Global DAO Maker (DAO) 0.15 Bitget DAO Maker (DAO) 0.15 Kucoin DAO Maker (DAO) 0.15 Gate.io DAO Maker (DAO) 0.15 2. Choose a DAO Maker Lender
Once you have DAO, you'll need to choose a DAO Maker lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin DAO Maker (DAO) Up to 0.5% annual percentage yield 3. Earn DAO Maker
Once you've chosen a platform to earn your DAO Maker, transfer your DAO Maker 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
DAO Maker (DAO) is currently priced at US$0.5 with a 24-hour trading volume of US$1.63M. The market cap of DAO Maker is currently at US$76.53M, with 250.93M DAO in circulation. For those interested in buying or trading DAO Maker, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$76.53M
- 24h volume
- US$1.63M
- Circulating supply
- 250.93M DAO