Be Like Steve the Lender — Earn with PembRock!

PembRock Finance
3 min readMay 6, 2022

--

PembRock Finance is the very first leveraged yield farming protocol to launch on the NEAR blockchain. If you’ve read our other communications, you will know that on launch, there are two main ways you can earn:

  • Lending
  • Yield farming

Like the NEAR blockchain itself, we focus on user-friendliness, meaning you can benefit from PembRock’s yields whether you’re an experienced DeFi investor or a new user.

To give you a taste of what it’s like to use PembRock, we’ll show you the experience of Steve, a lender who took our platform for a spin.

This is Steve

Meet Steve, he’s built a successful business and manages it part-time, which leaves him with the freedom to read about tech innovations and explore investment opportunities. He’s confident and likes to take risks, but calculated ones at that. Steve never wants to feel like something is completely out of his control, craving some stability in terms of where he puts his money.

Steve looked at more traditional forms of investment such as bank deposits and property. While both indeed have their advantages, there are various drawbacks:

  • Bank deposits offer some stability, but with current low interest rates, offer negligible returns.
  • Property is indeed a worthwhile investment, but involves a considerable outlay. What’s more, with sky-high property valuations in major cities around the world and flatlining wages, it is far from guaranteed that prices will continue to rise.

For this reason, Steve started researching promising crypto projects and found us!

Easy Lending for Great Returns with PembRock!

With PembRock, Steve benefits from an intuitive and simple interface, unlike many of the clunky and difficult to use DeFi projects on the market. To invest as a lender, all he needs to do is follow these steps:

Step 1: Set up a NEAR wallet and connect to PembRock.

Step 2: Go the Lend section.

Step 3: Select the amount of USDT you wish to deposit.

Step 4: Er… that’s it!

PembRock Finance takes care of the rest, investing your USDT and getting you great returns. You can be up and running in a matter of minutes, with no threat of liquidation, and your returns are automatically reinvested — multiplying your gains!

*Please note: On launch, as we continue to attract investment, it may temporarily not be possible to withdraw a large amount of funds all at once from the liquidity pool. This is to ensure that the pool remains stable, benefiting every PembRock user.

Earn with PembRock

While we’ve given you a sneak peak of how easy it is to earn with our leveraged yield farming project, we are still working through our roadmap, taking seriously our testing and auditing obligations. In the meantime, we continue to move forward, having raised funds through an early investor sale, and now preparing for our first IDO. Remember that you can also stay in the loop with blog updates, informative social media posts, competitions, such as our recently announced meme contest!

Join our socials and get ready to PembRock!

Website
Twitter
Telegram
Discord

--

--

PembRock Finance

PembRock Finance is the first leveraged yield farming on NEAR aimed to provide users with larger yields and NEAR blockchain with greater liquidity.