How to Lend ConstitutionDAO (PEOPLE): A Step-by-Step Guide for German Investors

Introduction

Lending ConstitutionDAO can be an excellent choice for those looking to hold PEOPLE while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. Acquire ConstitutionDAO (PEOPLE) Tokens

To lend ConstitutionDAO, you first need to possess it. To acquire ConstitutionDAO, you'll have to buy it. You can select from these well-known exchanges.

Plattform	Kryptowährung	Price
PrimeXBT	ConstitutionDAO (PEOPLE)	0,01 APY
YouHodler	ConstitutionDAO (PEOPLE)	0,01 APY
Binance	ConstitutionDAO (PEOPLE)	0,01 APY
OKX	ConstitutionDAO (PEOPLE)	0,02 APY
BingX	ConstitutionDAO (PEOPLE)	0,01 APY
Bitget	ConstitutionDAO (PEOPLE)	0,01 APY

View all 27 prices

2. Select a ConstitutionDAO provider
Once you have PEOPLE, you'll need to select a ConstitutionDAO lending platform to lend your tokens. You can explore some options here.
Plattform Kryptowährung APY
YouHodler ConstitutionDAO (PEOPLE) Up to 30 % APY
3. Lend Your ConstitutionDAO in Germany
Once you've selected a platform to lend your ConstitutionDAO, transfer your ConstitutionDAO into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

Plattform	Kryptowährung	APY
YouHodler	ConstitutionDAO (PEOPLE)	Up to 30 % APY

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.