Where and How to Lend Reserve Rights (RSR)

Introduction

Lending Reserve Rights can be a great option for those who want to hold RSR 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. 1. Obtain Reserve Rights (RSR) Tokens

   In order to lend Reserve Rights, you need to have it. To obtain Reserve Rights, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Reserve Rights (RSR)	0.01
   Uphold	Reserve Rights (RSR)	0.01
   OKX	Reserve Rights (RSR)	0.01
   Binance	Reserve Rights (RSR)	0.01
   BTSE	Reserve Rights (RSR)	0.01
   Bitmart	Reserve Rights (RSR)	0.01

   See all 15 prices

2. 2. Choose a Reserve Rights Lender

   Once you have RSR, you’ll need to choose a Reserve Rights lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Reserve Rights (RSR)	Up to 0.5 APY
   OKX	Reserve Rights (RSR)	Up to 1 APY

3. 3. Lend Your Reserve Rights

   Once you’ve chosen a platform to lending your Reserve Rights, transfer your Reserve Rights 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. 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.