Introduction
Lending Kamino can be a great option for those who want to hold KMNO 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 Kamino (KMNO) Tokens
To lend Kamino, you need to have it. To get Kamino, you'll have to buy it. You can choose from these popular exchanges.
See all 27 pricesPlatform Loonies Price Kraken Kamino (KMNO) 0.05 OKX Kamino (KMNO) 0.05 Binance Kamino (KMNO) 0.05 MEXC Global Kamino (KMNO) 0.05 Bitget Kamino (KMNO) 0.05 Bitmart Kamino (KMNO) 0.05 2. Choose a Kamino Lender
Once you have KMNO, you'll need to choose a Kamino lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin Kamino (KMNO) Up to 0.5% annual percentage yield Kucoin Kamino (KMNO) Up to 0.5% annual percentage yield 3. Earn Kamino
Once you've chosen a platform to earn your Kamino, transfer your Kamino 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
Kamino (KMNO) is currently priced at US$0.5 with a 24-hour trading volume of US$21.21M. The market cap of Kamino is currently at US$148.91M, with 1.35B KMNO in circulation. For those interested in buying or trading Kamino, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$148.91M
- 24h volume
- US$21.21M
- Circulating supply
- 1.35B KMNO