Introduction
Lending Curve DAO Token can be a great option for those who want to hold CRV but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
1. Obtain Curve DAO Token (CRV) tokens
In order to lend Curve DAO Token, you need to have it. To obtain Curve DAO Token, you’ll need to purchase it. You can choose from these popular exchanges.
See all 20 pricesPlatform Coin Price Nexo Curve DAO Token (CRV) $0.2615 Bitpanda Curve DAO Token (CRV) $0.2627 Uphold Curve DAO Token (CRV) $0.2627 Wirex Curve DAO Token (CRV) $0.2647 Kraken Curve DAO Token (CRV) $0.264 OKX Curve DAO Token (CRV) $0.2614 2. Choose a Curve DAO Token lender
Once you have CRV, you’ll need to choose a Curve DAO Token lending platform to lend your tokens. You can see some options here.
See all 7 lending ratesPlatform Coin Interest rate Kucoin Curve DAO Token (CRV) Up to 0.5% APY Aave Curve DAO Token (CRV) Up to 1.58% APY 3. Lend your Curve DAO Token
Once you’ve chosen a platform to lending your Curve DAO Token, transfer your Curve DAO Token into your wallet in the lending 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 lending 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
Curve DAO Token (CRV) is currently priced at $1 with a 24-hour trading volume of $109.33M. The market cap of Curve DAO Token stands at 312.45M, with $1.21B CRV in circulation. For those looking to buy or trade Curve DAO Token, Kucoin offers avenues to do so securely and efficiently.
- Market cap
- $312.45M
- 24h Volume
- $109.33M
- Circulating supply
- $1.21B