Where and How to Lend Proof Of Liquidity (POL)

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. 1. Get Proof Of Liquidity (POL) Tokens

   To lend Proof Of Liquidity, you need to have it. To get Proof Of Liquidity, you'll need to buy it. You can choose from these popular exchanges.

   Platform	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

   See all 8 prices

2. 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 see some options here.

   Platform	Loonies	Interest rate
   EarnPark	Proof Of Liquidity (POL)	Up to 4.23% annual percentage yield

3. 3. Lend Your Proof Of Liquidity

   Once you’ve chosen a platform for lending your Proof Of Liquidity, transfer your Proof Of Liquidity into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.

4. 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 lending platform pays compounding interest to maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.