Where and How to Earn Liquity USD (LUSD) in the UK

Introduction

Lending Liquity USD can be an excellent option for those who wish to hold LUSD 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 Liquity USD (LUSD) Tokens

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

2. 2. Choose a Liquity USD Lender in the UK

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

   Platform	Coin	AER
   Aave	Liquity USD (LUSD)	Up to 5.41% AER

3. 3. Earn Liquity USD

   Once you've selected a platform to earn your Liquity USD, transfer your Liquity USD 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.