Introduction
Lending StakeWise Staked ETH can be a great option for those who want to hold OSETH while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain StakeWise Staked ETH (OSETH) tokens
To lend StakeWise Staked ETH, you need to possess it. To acquire StakeWise Staked ETH, you'll need to buy it. You can select from these popular exchanges.
2. Choose a StakeWise Staked ETH lender
Once you have OSETH, you'll need to choose a StakeWise Staked ETH lending platform to lend your tokens. You can find some options here.
See all 4 lending ratesPlatform Coin Interest rate Aave StakeWise Staked ETH (OSETH) Up to 0.14% p.a. Compound StakeWise Staked ETH (OSETH) Up to 0.21% p.a. 3. Earn StakeWise Staked ETH
Once you've chosen a platform to earn your StakeWise Staked ETH, transfer your StakeWise Staked ETH into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
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- Market capitalisation
- USDĀ 149.24M
- 24-hour volume
- USDĀ 272,391
- Circulating supply
- 44,446.14 OSETH
