$PEM sale on Meta Bonds has started

PembRock Finance
NEAR Protocol
Published in
3 min readFeb 14, 2023

Last year, PembRock Finance successfully conducted $PEM fundraising on Meta Yield. PembRock was the first project to try this tool, and despite the beginning of the bear market, the fundraising campaign was prosperous. This time PembRock is again the first to benefit from a brand new product of Meta Pool — Meta Bonds! Check out the details.

More facts about the $PEM Sale

On February 14, we are going ahead with a $PEM sale on Meta Bonds. 890 000 $PEM tokens will be available for purchase with 4 different options of discounts and lock-up periods accordingly.

Choose the best option for you:

  • 200k $PEM will be available at a 6% discount with a 3m lockup;
  • 210k $PEM will be available at a 12% discount with a 6m lockup;
  • 210k $PEM will be available at a 20% discount with a 9m lockup;
  • 270k $PEM will be available at a 40% discount with a 24m lockup.

PEM Bonds also vary in the amount of $PEM included starting from 1 000 $PEM per bond to 50 000 $PEM per bond.

TOP Reasons to Purchase $PEM Token

PEM is the native token of PembRock Finance that has different utility. It is used for:

  • Rewarding users for interacting with the PembRock protocol.
  • Providing an extra incentive for contributing to the liquidity pools.
  • Staking in the PembRock Finance environment with rewards paid in $PEM.
  • Facilitating DAO participation by allowing users to stake $PEM to receive vePEM, the governance token.

Users who initiate farming or lending positions within PembRock are required to pay a small fee, as well as an additional fee, when their position is liquidated. These fees are collected in the form of the respective position’s token, exchanged for $PEM in the market, and then distributed among the stakers of the $PEM token. This process generates constant PEM trading volume and supports the value of the $PEM token.

PembRock expects big things over the next year as leveraged yield farming allows you to profit regardless of market trends. Check our broad 2023 roadmap furthermore.

How to participate in $PEM sale on Meta Bonds

  1. Go to https://metabondmarket.app/home and connect your near wallet;

2. In the Bond Market section you’ll see $PEM bonds;

3. To the right of the $PEM bonds you will see three dots. Click on it, pop up window will appear — there’s a button Buy;

4. After you hit it and confirm the transaction, $PEM bonds are gonna be available in My bonds section.

What’s next?

After you buy $PEM Bonds on Meta Bonds, new opportunities open up for you. Undoubtedly, everything depends on your goals and trading strategy, but we highlight two main opportunities for $PEM bond owners — HODL until lockup ends or sell it.

In the first case, you get a win-win and almost risk-free income option. You buy bonds now with a discount, wait, and after the lockup period, get your tokens. The second option is suitable for more active users. You can trade your bonds on the Meta Bonds platform.

You may be wondering what you get when you buy PEM bonds on Meta Bonds. Of course, you can buy PEM tokens through regular DEXes. But the advantage of bonds, in this case, is a discount and the opportunity to trade your bonds if you don’t want to hold them anymore or you see an additional profit opportunity.

Buy $PEM Bonds now at a discount and benefit from getting profits with PembRock Finance!

--

--

PembRock Finance
NEAR Protocol

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