Where and How to Earn Wrapped Fantom (WFTM)

Introduction

Lending Wrapped Fantom can be an excellent choice for individuals looking to hold WFTM 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 Wrapped Fantom (WFTM) Tokens

   To lend Wrapped Fantom, you must first possess it. To acquire Wrapped Fantom, 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 Wrapped Fantom lending platform

   Once you have WFTM, you'll need to select a Wrapped Fantom lending platform to lend your tokens. You can explore several options available in the market here.

   平台	Coin	APY
   Aave	Wrapped Fantom (WFTM)	Up to 0.25% APY

3. 3. Earn Wrapped Fantom

   Once you've selected a platform to earn your Wrapped Fantom, transfer your Wrapped Fantom 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