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Introduction

Lending aelf can be an excellent choice for those looking to hold ELF 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 aelf (ELF) Tokens

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

  2. 2. Select a aelf Lender

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

  3. 3. Lend Your aelf

    Once you've selected a platform to lend your aelf, transfer your aelf 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. 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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