Introduction
Lending sUSDS can be a great option for those who want to hold susds 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 sUSDS (susds) Tokens
To lend sUSDS, you need to have it. To get sUSDS, you'll have to buy it. You can choose from these popular exchanges.
2. Choose a sUSDS Lender
Once you have susds, you'll need to choose a sUSDS lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Compound sUSDS (susds) Up to 0.34% annual percentage yield 3. Earn sUSDS
Once you've chosen a platform to earn your sUSDS, transfer your sUSDS 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
sUSDS (susds) is currently priced at US$0.34 with a 24-hour trading volume of US$2.88M. The market cap of sUSDS is currently at US$3.28B, with 3.15B susds in circulation. For those interested in buying or trading sUSDS, Compound offers ways to do so securely and efficiently
- Market capitalization
- US$3.28B
- 24h volume
- US$2.88M
- Circulating supply
- 3.15B susds