How to Lend MANTRA (OM): A Step-by-Step Guide

Introduction

Lending MANTRA can be a great option for those who want to hold OM but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain MANTRA (OM) Tokens
In order to lend MANTRA, you need to have it. To obtain MANTRA, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
PrimeXBT MANTRA (OM) 0,08
YouHodler MANTRA (OM) 0,08
Binance MANTRA (OM) 0,08
BTSE MANTRA (OM) 0,16
Kraken MANTRA (OM) 0,08
OKX MANTRA (OM) 6,89
See all 44 prices
2. Choose a MANTRA Lender
Once you have OM, you’ll need to choose a MANTRA lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
YouHodler MANTRA (OM) Up to 30% APY
Kucoin MANTRA (OM) Up to 0,5% APY
3. Lend Your MANTRA
Once you’ve chosen a platform to lending your MANTRA, transfer your MANTRA into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
PrimeXBT	MANTRA (OM)	0,08
YouHodler	MANTRA (OM)	0,08
Binance	MANTRA (OM)	0,08
BTSE	MANTRA (OM)	0,16
Kraken	MANTRA (OM)	0,08
OKX	MANTRA (OM)	6,89

Platform	Coin	Interest rate
YouHodler	MANTRA (OM)	Up to 30% APY
Kucoin	MANTRA (OM)	Up to 0,5% APY

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.