Let’s take a closer look at the history of our project! In 2021, we decided to create a new project that would allow users to earn high returns with minimal risk. We wanted to expand the existing **NEAR Protocol** ecosystem, particularly in the **DeFi** segment. _Fun fact: The project was named **PembRock** after the CEO's dog breed._ Our team started developing the new project and named it **PembRock Finance**. The protocol allows users to earn income on liquidity using leverage. In the NEAR Protocol blockchain, this was a unique idea that significantly expanded the ecosystem's capabilities. The NF, being an active supporter of innovative products in the **NEAR ecosystem **assessed the project's potential and **decided to allocate a grant for its development**. This gave us an additional push to accelerate the platform launch. **The PembRock Finance protocol was released** to the main net in mid-2022 and became **the first leveraged yield farming protocol on NEAR**. It became incredibly popular among users who wanted to earn high returns with minimal risk, having gained almost **6m TVL** within the first two months of its operation. The PembRock Finance project continued to develop and attract new users. It was integrated with other projects in the DeFi sphere, which increased the number of users and trading volumes. Today, **PembRock Finance is one of the most popular DeFi protocols in the NEAR** ecosystem, continuing to develop and attract new users due to its unique concept and high efficiency. p.s. Meet Alf, the Corgi! 📷IG hashtag: #alfthecorgi