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Introduction

Lending yearn.finance can be an excellent choice for those looking to hold YFI 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 yearn.finance (YFI) Tokens

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

   Plataforma	Cripto	Price
   Nexo	yearn.finance (YFI)	3.408,09 APY
   YouHodler	yearn.finance (YFI)	3.399,98 APY
   Binance	yearn.finance (YFI)	3.401 APY
   BTSE	yearn.finance (YFI)	3.408,2 APY
   Coinbase	yearn.finance (YFI)	3.401,18 APY
   Kraken	yearn.finance (YFI)	3.398 APY

   Consulta todos los 62 precios

2. 2. Select a yearn.finance Lender

   Once you have YFI, you'll need to select a yearn.finance lending platform to lend your tokens. You can explore some options here.

   Plataforma	Cripto	APY
   YouHodler	yearn.finance (YFI)	Hasta 12% APY
   Blockchain.com	yearn.finance (YFI)	Hasta 1% APY

   Lending APY

3. 3. Earn yearn.finance with competitive APY rates that can help you grow your investment

   Once you've selected a platform to earn your yearn.finance, transfer your yearn.finance 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