š§ What is Lending in DeFi?
Lending = depositing your crypto (usually stablecoins like $USDC or $DAI) into a decentralized protocol so others can borrow it.
In return, you earn interest ā just like a bank would.
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š° How Much Can You Earn?
⢠Stablecoins (USDC, USDT, DAI): 4ā10% APY
⢠BTC or ETH: 1ā4% APY
⢠Depends on market demand and protocol
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š§° Where to Lend Your Crypto:
š¹ Aave ā Most trusted lending protocol
š¹ Compound ā Easy UI, reliable
š¹ Venus Protocol (BNB Chain) ā Higher yields
š¹ Binance Earn (Flexible Savings) ā Centralized option for beginners
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ā
Benefits of Lending:
āļø Earn passively with no price exposure if you use stablecoins
āļø Withdraw anytime (on most platforms)
āļø Start with as little as $10
āļø No need to trade or time the market
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ā ļø Risks to Know:
⢠Smart contract vulnerabilities
⢠Platform insolvency (e.g., if borrowers default or protocol gets hacked)
⢠Interest rates can fluctuate
⢠Centralized platforms = custodial risk
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šŖ Pro Tip:
For low risk, start with lending $USDC or $DAI on Aave.
Itās like a crypto savings account ā but better returns.
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š TL;DR:
If youāre holding crypto, lending it out is a zero-effort way to earn extra income.
Donāt let your coins sit idle.
Put them to work ā even while you sleep.
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š Follow for more DeFi strategies, passive income tips, and real-world Web3 guides.
š¬ Comment if youāre currently lending & where!
#CryptoLending #PassiveIncome #defi #WCT