Introduction
Lending Curve DAO can be a great option for those who want to hold CRV 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 Curve DAO (CRV) Tokens
In order to lend Curve DAO, you need to have it. To obtain Curve DAO, you’ll need to purchase it. You can choose from these popular exchanges.
See all 37 pricesPlatform Coin Price Nexo Curve DAO (CRV) 0.98 PrimeXBT Curve DAO (CRV) 0.97 M2 Curve DAO (CRV) 0.97 Uphold Curve DAO (CRV) 0.97 Kraken Curve DAO (CRV) 0.98 OKX Curve DAO (CRV) 0.97 2. Choose a Curve DAO Lender
Once you have CRV, you’ll need to choose a Curve DAO lending platform to lend your tokens. You can see some options here.
See all 5 lending ratesPlatform Coin Interest rate Bitget Curve DAO (CRV) Up to 1 APY Aave Curve DAO (CRV) Up to 1.58 APY Kucoin Curve DAO (CRV) Up to 0.32 APY 3. Lend Your Curve DAO
Once you’ve chosen a platform to lending your Curve DAO, transfer your Curve DAO 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
Curve DAO (CRV) is currently priced at $1.58 with a 24-hour trading volume of $508.15M. The market cap of Curve DAO stands at $1.23B, with $1.26B CRV in circulation. For those looking to buy or trade Curve DAO, Bitget offers avenues to do so securely and efficiently}
- Market cap
- $1.23B
- 24h volume
- $508.15M
- Circulating supply
- $1.26B