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Introduction

Lending Solana Name Service can be an excellent option for those who wish to hold sns 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 Solana Name Service (sns) Tokens

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

   Platform	Coin	Price
   Binance	Solana Name Service (sns)	0.04
   Coinbase	Solana Name Service (sns)	0.04
   Kraken	Solana Name Service (sns)	0.04
   Bitget	Solana Name Service (sns)	0.04
   Bitmart	Solana Name Service (sns)	0.1
   Bitpanda	Solana Name Service (sns)	0.29

   View all 27 prices

2. 2. Choose a Solana Name Service Lender in the UK

   Once you have sns, you'll need to choose a Solana Name Service lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Kucoin	Solana Name Service (sns)	Up to 0.5% AER

3. 3. Earn Solana Name Service

   Once you've selected a platform to earn your Solana Name Service, transfer your Solana Name Service 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.