Introduction
Lending Boson Protocol can be a great option for those who want to hold BOSON 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. Obtain Boson Protocol (BOSON) Tokens
In order to lend Boson Protocol, you need to have it. To obtain Boson Protocol, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Boson Protocol Lender
Once you have BOSON, you’ll need to choose a Boson Protocol lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Boson Protocol (BOSON) Up to 0.33 APY 3. Lend Your Boson Protocol
Once you’ve chosen a platform to lending your Boson Protocol, transfer your Boson Protocol into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
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 lending platform pays compounding interest to maximise your returns.
What to be Aware of
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.
Latest Movements
Boson Protocol (BOSON) is currently priced at $0.33 with a 24-hour trading volume of $1.13M. The market cap of Boson Protocol stands at $51.25M, with $137.36M BOSON in circulation. For those looking to buy or trade Boson Protocol, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $51.25M
- 24h volume
- $1.13M
- Circulating supply
- $137.36M