How to Lend Curve DAO (CRV) in the UK

Introduction

Lending Curve DAO can be an excellent option for those who wish to hold CRV 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 Curve DAO (CRV) Tokens

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

   Platform	Coin	Price
   Nexo	Curve DAO (CRV)	0.4
   PrimeXBT	Curve DAO (CRV)	0.4
   Binance	Curve DAO (CRV)	0.4
   BTSE	Curve DAO (CRV)	0.4
   Coinbase	Curve DAO (CRV)	0.4
   Kraken	Curve DAO (CRV)	0.4

   View all 71 prices

2. 2. Choose a Curve DAO Lender in the UK

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

   Platform	Coin	AER
   Aave	Curve DAO (CRV)	Up to 1.58% AER
   Bitget	Curve DAO (CRV)	Up to 1% AER
   Blockchain.com	Curve DAO (CRV)	Up to 1% AER

   View all 9 loan rates

3. 3. Lend Your Curve DAO

   Once you've chosen a platform to lend your Curve DAO, transfer your Curve DAO into your wallet on the lending platform. Once it's deposited, it will start earning 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 interest. The more you deposit, the more interest you can earn. Try to ensure your lending 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.