Can I earn interest on my wrapped luna holdings on Coinbase?

3 answers

• Russell HauserMar 13, 2024 · 2 years ago
  Yes, Coinbase does offer the option to earn interest on your wrapped luna holdings. Coinbase supports wrapped luna (WLUNA) as an ERC-20 token on the Ethereum network. You can deposit your WLUNA into Coinbase and participate in their staking program to earn interest. The interest rates may vary and are subject to change based on market conditions. It's a great way to put your wrapped luna holdings to work and earn passive income.
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• Rajat R RaikarMar 25, 2021 · 5 years ago
  Definitely! Coinbase allows you to earn interest on your wrapped luna holdings. By staking your WLUNA tokens on Coinbase, you can earn a percentage of the staking rewards. The interest rates are determined by the network and can fluctuate. It's important to keep an eye on the current rates to maximize your earnings.
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• Mccullough BenjaminAug 29, 2021 · 4 years ago
  Yes, you can earn interest on your wrapped luna holdings on Coinbase. Coinbase offers a staking program where you can stake your WLUNA tokens and earn rewards. However, it's worth noting that Coinbase is not the only platform that offers staking for wrapped luna. Other platforms like BYDFi also provide staking options for WLUNA holders. It's always a good idea to compare the staking rewards and fees on different platforms before making a decision.
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