Where and How to Earn Metal DAO (MTL)

Introduction

Lending Metal DAO can be a great option for those who want to hold MTL but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Metal DAO (MTL) Tokens

   To lend Metal DAO, you need to have it. To get Metal DAO, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Metal DAO (MTL)	0,77
   Binance	Metal DAO (MTL)	0,68
   Coinbase	Metal DAO (MTL)	1,46
   Bitget	Metal DAO (MTL)	0,68
   Kucoin	Metal DAO (MTL)	0,69
   Gate.io	Metal DAO (MTL)	0,68

   See all 24 prices

2. 2. Choose a Metal DAO Lender

   Once you have MTL, you'll need to choose a Metal DAO lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Metal DAO (MTL)	Up to 0,5% APY

3. 3. Earn Metal DAO

   Once you've chosen a platform to earn your Metal DAO, transfer your Metal DAO into your wallet on the earning 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 earning 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.