Where and How to Earn Rocket Pool ETH (RETH)

Introduction

Lending Rocket Pool ETH can be an excellent choice for individuals looking to hold RETH while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Rocket Pool ETH (RETH) Tokens

   To lend Rocket Pool ETH, you must first possess it. To acquire Rocket Pool ETH, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

2. 2. Select a Rocket Pool ETH lending platform

   Once you have RETH, you'll need to select a Rocket Pool ETH lending platform to lend your tokens. You can explore several options available in the market here.

   Platform	Coin	APY
   Aave	Rocket Pool ETH (RETH)	Up to 0.04% APY
   Compound	Rocket Pool ETH (RETH)	Up to 0.21% APY

   View all 8 loan interest rates

3. 3. Earn Rocket Pool ETH

   Once you've selected a platform to earn your Rocket Pool ETH, transfer your Rocket Pool ETH into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks