Where and How to Lend Bonk On Base (BONK)

Introduction

Lending Bonk On Base can be a great option for those who want to hold BONK 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 Bonk On Base (BONK) Tokens

   In order to lend Bonk On Base, you need to have it. To obtain Bonk On Base, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kraken	Bonk On Base (BONK)	0
   Kucoin	Bonk On Base (BONK)	0
   Azbit	Bonk On Base (BONK)	0

2. 2. Choose a Bonk On Base Lender

   Once you have BONK, you’ll need to choose a Bonk On Base lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Bonk On Base (BONK)	Up to 0.05 APY

3. 3. Lend Your Bonk On Base

   Once you’ve chosen a platform to lending your Bonk On Base, transfer your Bonk On Base 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. 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.