Earn up to
2.99% APY
An in-depth guide on how to earn Rocket Pool (RPL)
We have a lot of data on earning Rocket Pool (RPL) and we share some of this with you.
We show you some earning options with other coins that could be of interest.
Rocket Pool (RPL) is currently priced at US$2.99 with a 24-hour trading volume of US$7.81M. The market cap of Rocket Pool stands at US$221.35M, with 20.99M RPL in circulation. For those looking to buy or trade Rocket Pool, Aave offers avenues to do so securely and efficiently}
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.
In order to lend Rocket Pool, you need to have it. To obtain Rocket Pool, you'll need to purchase it. You can choose from these popular exchanges.
Once you have RPL, you'll need to choose a Rocket Pool lending platform to lend your tokens. You can see 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 |
Once you've chosen a platform to earning your Rocket Pool, transfer your Rocket Pool into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Make sure 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.
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