简介

Lending Decentralized Social for those who want to hold DESO, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Decentralized Social (DESO) Tokens

   To lend Decentralized Social, you need to already own it. To get Decentralized Social, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Coinbase	Decentralized Social (DESO)	6.92
   Gate.io	Decentralized Social (DESO)	3.69
   CoinEx	Decentralized Social (DESO)	3.69
   HTX	Decentralized Social (DESO)	3.3

   See all 7 prices

2. 2. Choose a Decentralized Social Lender

   Once you have DESO, you'll need to choose a Decentralized Social lending platform to lend your tokens. You can see some options here.

3. 3. Earn Decentralized Social

   After selecting a platform for earning your Decentralized Social, transfer your Decentralized Social to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

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.