Where and How to Earn Lido DAO (Wormhole) (LDO)

Introduction

Lending Lido DAO (Wormhole) can be a great option for those who want to hold LDO 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. 1. Obtain Lido DAO (Wormhole) (LDO) Tokens

   To lend Lido DAO (Wormhole), you need to have it. To get Lido DAO (Wormhole), you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Kraken	Lido DAO (Wormhole) (LDO)	0.83
   Azbit	Lido DAO (Wormhole) (LDO)	0.82
   Kucoin	Lido DAO (Wormhole) (LDO)	0.82

   See all 6 prices

2. 2. Choose a Lido DAO (Wormhole) Lender

   Once you have LDO, you'll need to select a Lido DAO (Wormhole) lending platform to lend your tokens. You can check some options here.

   Platform	Coin	Interest rate
   Kucoin	Lido DAO (Wormhole) (LDO)	Up to 0.5% APY

3. 3. Earn Lido DAO (Wormhole)

   Once you've selected a platform to earn your Lido DAO (Wormhole), transfer your Lido DAO (Wormhole) into your wallet on the earning platform. Once it's deposited, it will begin earning interest. Some platforms pay interest daily, while others offer it weekly or monthly.

4. 4. Earn Interest

   Now, you just need to relax while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure 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.