Introduction

Lending Alvara Protocol can be a great option for those who want to hold ALVA 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 Guide

1. 1. Obtain Alvara Protocol (ALVA) Tokens

   In order to lend Alvara Protocol, you need to have it. To obtain Alvara Protocol, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitget	Alvara Protocol (ALVA)	0.09
   MEXC Global	Alvara Protocol (ALVA)	0.08

   See all 4 prices

2. 2. Choose a Alvara Protocol Lender

   Once you have ALVA, you'll need to choose a Alvara Protocol lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Bitget	Alvara Protocol (ALVA)	Up to 1% APY

3. 3. Earn Alvara Protocol

   Once you've chosen a platform to earning your Alvara Protocol, transfer your Alvara Protocol into your wallet in 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.