Earn 6.4% APY on your MATIC tokens on Aave Polygon
#crypto #aave #polygon #defi
If you own MATIC tokens, you can earn 6.3% using the Aave Protocol on the Polygon network. Think of Aave as a decentralized bank where you can earn when you lend and borrow. But you might have one problem, how do you get your Matic tokens onto the Polygon blockchain?!
In this video, I’m going to show you how you can easily, and cheaply move your Matic tokens onto the Polygon blockchain and then deposit it in Aave so that you can earn around 6% APY (rates are variable).
Timestamps
Intro 00:00
Why your tokens aren’t on the Polygon Network 00:34
How to move your tokens onto the Polygon Network 01:57
How to deposit your tokens on Aave so that you can earn 03:36
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