Introduction

Lending Elysian ELS can be an excellent option for those who wish to hold ELS while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Elysian ELS (ELS) Tokens

   To lend Elysian ELS, you need to possess it. To obtain Elysian ELS, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Gate.io	Elysian ELS (ELS)	0.00039

   View all 4 prices

2. 2. Choose a Elysian ELS Lender in the UK

   Once you have ELS, you'll need to choose a Elysian ELS lending platform to lend your tokens. You can see some options here.

3. 3. Earn Elysian ELS

   Once you've selected a platform to earn your Elysian ELS, transfer your Elysian ELS into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn AER

   Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.

What to Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.