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Introduction

Lending Rocket Pool is an excellent choice for those looking to hold RPL 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 Rocket Pool (RPL) Tokens

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

   Platform	Coin	Cost
   Binance	Rocket Pool (RPL)	2.03
   Coinbase	Rocket Pool (RPL)	2.03
   Kraken	Rocket Pool (RPL)	2
   OKX	Rocket Pool (RPL)	5.31
   Uphold	Rocket Pool (RPL)	6.13
   Azbit	Rocket Pool (RPL)	2.02

   View all 46 prices

2. 2. Select a Rocket Pool Lender

   Once you have RPL, you'll need to select a Rocket Pool lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Aave	Rocket Pool (RPL)	Earn up to 2.99% APY
   Kucoin	Rocket Pool (RPL)	Earn up to 0.5% APY

   View all 4 loan rates

3. 3. Earn Rocket Pool

   After selecting a platform to earn your Rocket Pool, transfer your Rocket Pool 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.