Introduction
Lending Aave Polygon DAI can be an excellent choice for those looking to hold AMDAI 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 Polygon DAI (AMDAI) Tokens
To lend Aave Polygon DAI, you first need to possess it. To acquire Aave Polygon DAI, you'll have to buy it. You can select from these popular exchanges available in Spain.
2. Select a Aave Polygon DAI Lender
Once you have AMDAI, you'll need to select a Aave Polygon DAI lending platform to lend your tokens. You can explore some options here.
Plataforma Cripto APY Aave Aave Polygon DAI (AMDAI) Hasta 0,0009806% APY 3. Lend Your Aave Polygon DAI
Once you've selected a platform to lend your Aave Polygon DAI, transfer your Aave Polygon DAI 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
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