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Introduction

Lending Pencils Protocol can be an excellent choice for those looking to hold DAPP while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. 1. Acquire Pencils Protocol (DAPP) Tokens

   To lend Pencils Protocol, you first need to possess it. To acquire Pencils Protocol, you'll have to buy it. You can select from these popular exchanges available in Spain.

2. 2. Select a Pencils Protocol Lender

   Once you have DAPP, you'll need to select a Pencils Protocol lending platform to lend your tokens. You can explore some options here.

   Plataforma	Cripto	APY
   Kucoin	Pencils Protocol (DAPP)	Hasta 300% APY

3. 3. Earn Pencils Protocol with competitive APY rates that can help you grow your investment

   Once you've selected a platform to earn your Pencils Protocol, transfer your Pencils Protocol into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Generate Earnings

   Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your earning platform pays compounding APY to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky