Introduction
Lending Aave GUSD can be an excellent choice for those looking to hold AGUSD 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. Acquire Aave GUSD (AGUSD) Tokens
To lend Aave GUSD, you first need to possess it. To acquire Aave GUSD, you'll have to buy it. You can select from these popular exchanges available in Spain.
2. Select a Aave GUSD Lender
Once you have AGUSD, you'll need to select a Aave GUSD lending platform to lend your tokens. You can explore some options here.
Plataforma Cripto APY Aave Aave GUSD (AGUSD) Hasta 0% APY 3. Lend Your Aave GUSD
Once you've selected a platform to lend your Aave GUSD, transfer your Aave GUSD into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
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 lending platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky
Latest Movements in the Market
Aave GUSD (AGUSD) is currently priced at US$0. For those looking to buy or trade Aave GUSD, Aave offers avenues to do so securely and efficiently
