Where and How to Lend Aave v3 sUSD (ASUSD)

Introduction

Lending Aave v3 sUSD can be a great option for those who wish to hold ASUSD but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Aave v3 sUSD (ASUSD) Tokens

   To lend Aave v3 sUSD, you need to have it. To obtain Aave v3 sUSD, you’ll need to buy it. You can choose from these popular exchanges.

2. 2. Select a Aave v3 sUSD Lender

   Once you have ASUSD, you’ll need to choose a Aave v3 sUSD lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Aave	Aave v3 sUSD (ASUSD)	Up to 0 APY

3. 3. Lend Your Aave v3 sUSD

   After you have selected a platform for lending your Aave v3 sUSD, transfer your Aave v3 sUSD into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.