Introduction
Lending DAO Maker can be a great option for those who want to hold DAO 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 DAO Maker (DAO) Tokens
In order to lend DAO Maker, you need to have it. To obtain DAO Maker, you’ll need to purchase it. You can choose from these popular exchanges.
See all 9 pricesPlatform Coin Price OKX DAO Maker (DAO) 0.41 BTSE DAO Maker (DAO) 0.41 MEXC Global DAO Maker (DAO) 0.41 BingX DAO Maker (DAO) 0.41 Bitget DAO Maker (DAO) 0.42 Kucoin DAO Maker (DAO) 0.41 2. Choose a DAO Maker Lender
Once you have DAO, you’ll need to choose a DAO Maker lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin DAO Maker (DAO) Up to 0.5 APY 3. Lend Your DAO Maker
Once you’ve chosen a platform to lending your DAO Maker, transfer your DAO Maker 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
DAO Maker (DAO) is currently priced at $0.5 with a 24-hour trading volume of $5,044,293. The market cap of DAO Maker stands at $103,615,162, with $250,926,000 DAO in circulation. For those looking to buy or trade DAO Maker, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $103.62M
- 24h volume
- $5.04M
- Circulating supply
- $250.93M