Introduction
Lending Proof Of Liquidity can be a great option for those who want to hold POL 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 Proof Of Liquidity (POL) Tokens
To lend Proof Of Liquidity, you need to have it. To get Proof Of Liquidity, you'll have to buy it. You can choose from these popular exchanges.
See all 8 pricesPlatform Loonies Price EarnPark Proof Of Liquidity (POL) 0.19 Kraken Proof Of Liquidity (POL) 0.19 Kucoin Proof Of Liquidity (POL) 0.19 Azbit Proof Of Liquidity (POL) 0.19 2. Choose a Proof Of Liquidity Lender
Once you have POL, you'll need to choose a Proof Of Liquidity lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate EarnPark Proof Of Liquidity (POL) Up to 4.23% annual percentage yield 3. Earn Proof Of Liquidity
Once you've chosen a platform to earn your Proof Of Liquidity, transfer your Proof Of Liquidity 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
Proof Of Liquidity (POL) is currently priced at US$4.23 with a 24-hour trading volume of US$8,885.39. For those interested in buying or trading Proof Of Liquidity, EarnPark offers ways to do so securely and efficiently
- 24h volume
- US$8,885.39