Firstly, we undertook research on leveraged yield farming. This is a relatively new development in DeFi, so we worked to understand best practices and things that we should avoid.
PembRock Finance is the first leveraged yield farming project built on NEAR, integrating with Ref Finance, Jumbo Exchange and other Dapps in the blockchain’s ecosystem. With a focus on automation and user-friendliness, the platform aims to bring in new users with stable lending returns and the ability to obtain undercollateralized loans for yield farming with up to 3x leverage.
As a NEAR Guild, our team at INC4 was tasked with supporting the project, and in just a few months, we were able to take PembRock from the idea stage to a lean and functional product.