Introduction
Lending Smooth Love Potion can be a great option for those who want to hold SLP 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. Obtain Smooth Love Potion (SLP) Tokens
To lend Smooth Love Potion, you need to have it. To get Smooth Love Potion, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a Smooth Love Potion Lender
Once you have SLP, you'll need to choose a Smooth Love Potion lending platform to lend your tokens. You can see some options here.
3. Earn Smooth Love Potion
Once you've chosen a platform to earn your Smooth Love Potion, transfer your Smooth Love Potion 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. 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.
Latest Movements
- Market cap
- US$144,24M
- 24h trading volume
- US$12,99M
- Circulating supply
- 41,19B SLP