Introduction
Lending DAO Maker can be a great option for those who want to hold DAO 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. Acquire DAO Maker (DAO) Tokens
To lend DAO Maker, you need to possess it. To acquire DAO Maker, you’ll need to buy it. You can select from these popular exchanges.
See all 18 pricesPlatform Coin Price OKX DAO Maker (DAO) 0.14 BTSE DAO Maker (DAO) 0.14 Bitget DAO Maker (DAO) 0.14 MEXC Global DAO Maker (DAO) 0.14 Kucoin DAO Maker (DAO) 0.14 Gate.io DAO Maker (DAO) 0.14 2. Choose a DAO Maker Lender
Once you have DAO, you'll need to choose a DAO Maker lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin DAO Maker (DAO) Up to 0.5% AER 3. Earn DAO Maker
Once you've selected a platform to earn your DAO Maker, transfer your DAO Maker into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
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.
Latest Movements
DAO Maker (DAO) is currently priced at US$0.5 with a 24-hour trading volume of US$1.63M. The market cap of DAO Maker stands at US$76.53M, with 250.93M DAO in circulation. For those looking to purchase or trade DAO Maker, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$76.53M
- 24-hour volume
- US$1.63M
- Circulating supply
- 250.93M DAO