Introduction
Lending VIDT DAO can be a great option for those who want to hold VIDT 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 VIDT DAO (VIDT) Tokens
To lend VIDT DAO, you need to have it. To get VIDT DAO, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a VIDT DAO Lender
Once you have VIDT, you'll need to choose a VIDT DAO lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin VIDT DAO (VIDT) Up to 0,5% APY 3. Earn VIDT DAO
Once you've chosen a platform to earn your VIDT DAO, transfer your VIDT 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. 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
VIDT DAO (VIDT) is presently priced at US$0,5 with a 24-hour trading volume of US$2,6M. The market cap of VIDT DAO stands at US$23,58M, with 842,32M VIDT in circulation. For those interested in buying or trading VIDT DAO, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$23,58M
- 24h trading volume
- US$2,6M
- Circulating supply
- 842,32M VIDT