Where and How to Lend Polygon Ecosystem Token (POL)

Introduction

Lending Polygon Ecosystem Token can be a great option for those who want to hold POL 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 Polygon Ecosystem Token (POL) Tokens

   In order to lend Polygon Ecosystem Token, you need to have it. To obtain Polygon Ecosystem Token, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Klink	Polygon Ecosystem Token (POL)	0.30
   Kraken	Polygon Ecosystem Token (POL)	0.29
   Bitmart	Polygon Ecosystem Token (POL)	0.30
   Bitget	Polygon Ecosystem Token (POL)	0.30
   Kucoin	Polygon Ecosystem Token (POL)	0.30
   Bybit	Polygon Ecosystem Token (POL)	0.30

   See all 8 prices

2. 2. Choose a Polygon Ecosystem Token Lender

   Once you have POL, you’ll need to choose a Polygon Ecosystem Token lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Klink	Polygon Ecosystem Token (POL)	Up to 4.50 APY

3. 3. Lend Your Polygon Ecosystem Token

   Once you’ve chosen a platform to lending your Polygon Ecosystem Token, transfer your Polygon Ecosystem 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. 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.