Introduction
Lending ConstitutionDAO is an excellent choice for those looking to hold PEOPLE while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.
Comprehensive Guide
1. Acquire ConstitutionDAO (PEOPLE) Tokens
To lend ConstitutionDAO, you must first own it. To acquire ConstitutionDAO, you will need to buy it. You can select from these well-known exchanges.
2. Select a ConstitutionDAO Lender
Once you have PEOPLE, you'll need to select a ConstitutionDAO lending platform to lend your tokens. You can find some options listed here.
Platform Coin Interest rate YouHodler ConstitutionDAO (PEOPLE) Earn up to 30% APY 3. Lend Your ConstitutionDAO
After selecting a platform to lend your ConstitutionDAO, transfer your ConstitutionDAO into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Grow Your Savings
Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.
Things to Consider
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.
Recent Developments
ConstitutionDAO (PEOPLE) is currently priced at $30 with a 24-hour trading volume of $71.56M. The market cap of ConstitutionDAO stands at $193.94M, with 5.07B PEOPLE in circulation. For those looking to buy or trade ConstitutionDAO, YouHodler offers avenues to do so securely and efficiently
- Market capitalization
- $193.94M
- 24-hour trading volume
- $71.56M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 5.07B PEOPLE