How to Lend Rocket Pool (RPL): A Step-by-Step Guide

Introduction

Lending Rocket Pool can be a great option for those who want to hold RPL 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 Rocket Pool (RPL) Tokens
In order to lend Rocket Pool, you need to have it. To obtain Rocket Pool, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Rocket Pool (RPL) 2,03
Coinbase Rocket Pool (RPL) 2,03
Kraken Rocket Pool (RPL) 2
OKX Rocket Pool (RPL) 5,31
Uphold Rocket Pool (RPL) 6,13
Azbit Rocket Pool (RPL) 2,02
See all 46 prices
2. Choose a Rocket Pool Lender
Once you have RPL, you’ll need to choose a Rocket Pool lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Aave Rocket Pool (RPL) Up to 2,99% APY
Kucoin Rocket Pool (RPL) Up to 0,5% APY
See all 4 lending rates
3. Lend Your Rocket Pool
Once you’ve chosen a platform to lending your Rocket Pool, transfer your Rocket Pool 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
Binance	Rocket Pool (RPL)	2,03
Coinbase	Rocket Pool (RPL)	2,03
Kraken	Rocket Pool (RPL)	2
OKX	Rocket Pool (RPL)	5,31
Uphold	Rocket Pool (RPL)	6,13
Azbit	Rocket Pool (RPL)	2,02

Platform	Coin	Interest rate
Aave	Rocket Pool (RPL)	Up to 2,99% APY
Kucoin	Rocket Pool (RPL)	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.