Where and How to Earn Rocket Pool (RPL)

Introduction

Lending Rocket Pool can be a great option for those who want to hold RPL 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 Rocket Pool (RPL) Tokens

   To lend Rocket Pool, you need to have it. To get Rocket Pool, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Uphold	Rocket Pool (RPL)	6.13
   Kraken	Rocket Pool (RPL)	5.05
   OKX	Rocket Pool (RPL)	5.31
   Binance	Rocket Pool (RPL)	5.04
   Coinbase	Rocket Pool (RPL)	5.07
   MEXC Global	Rocket Pool (RPL)	5.04

   See all 46 prices

2. 2. Choose a Rocket Pool Lender

   Once you have RPL, you'll need to select a Rocket Pool lending platform to lend your tokens. You can check some options here.

   Platform	Coin	Interest rate
   Aave	Rocket Pool (RPL)	Up to 2.99% APY
   Kucoin	Rocket Pool (RPL)	Up to 0.5% APY

   See all 4 lending rates

3. 3. Earn Rocket Pool

   Once you've selected a platform to earn your Rocket Pool, transfer your Rocket Pool 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.