How to lend tokens
Lending stablecoins is a secure way to earn rewards on your idle tokens. Your loaned tokens will start earning interest daily, and you can withdraw your rewards and tokens at any time.
MetaMask has partnered with Aave to give you in-app access to their lending pools.
Lend tokens
In MetaMask Mobile, click on the token you want to earn with, such as USDC.
On the next screen, you’ll see your token balance and details. Click ‘Earn’. Select a stablecoin (USDC, DAI, USDT). Hint — you can lend more than one type of stablecoin at once; simply repeat this process for the other token when you’re finished.
Want to earn rewards on non-stablecoins? Check out our staking options here.
Enter the amount of the token you’d like to deposit. Keep in mind that you will not be able to use these tokens while they are loaned. You can always deposit more stablecoins later on. When you’re ready, click ‘Review’.
A details page will appear. Select ‘Learn more’ or read our guide here for more information about how lending works. Click ‘Got it’ when you’re ready to move on.
The next screen is the confirmation page. You’ll see the details of your loan, including the amount of aToken you’ll receive in return. To learn more about aTokens, read here. The confirm page includes the estimated network fee to complete the transaction. Click ‘Confirm’ if you’re satisfied with your pending transaction.
All set! Your loaned stablecoins will begin earning rewards daily, and you’ll see your Aave tokens in your account right away. You can withdraw your tokens and rewards at any time. To see your reward history, you can view your loaned stablecoins on the Tokens page.