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Introduction

Lending Pudgy Penguins is an excellent choice for those looking to hold pengu while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Pudgy Penguins (pengu) Tokens

   To lend Pudgy Penguins, you must first possess it. To acquire Pudgy Penguins, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   PrimeXBT	Pudgy Penguins (pengu)	0.01
   Coinbase	Pudgy Penguins (pengu)	0.01
   Kraken	Pudgy Penguins (pengu)	0.01
   Uphold	Pudgy Penguins (pengu)	0.01
   Bitstamp	Pudgy Penguins (pengu)	0.01

   View all 9 prices

2. 2. Select a Pudgy Penguins Lender

   Once you have pengu, you'll need to select a Pudgy Penguins lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   YouHodler	Pudgy Penguins (pengu)	Earn up to 30% APY
   Kucoin	Pudgy Penguins (pengu)	Earn up to 1.24% APY

   View all 4 loan rates

3. 3. Earn Pudgy Penguins

   After selecting a platform to earn your Pudgy Penguins, transfer your Pudgy Penguins to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.