Top Reasons to Farm on NEAR Protocol | HackerNoon

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Top Reasons to Farm on NEAR Protocol | HackerNoon
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'Top Reasons to Farm on NEAR Protocol' cc: sora_xor defi near

, one of the largest increases. This is extremely promising, after all, not only is this a vote of confidence, but more projects equals more users.So we’ve had an overview of NEAR’s features and seen how the blockchain is sustainably growing in terms of users and developers. For this reason, we believe it represents the best and most dynamic environment for yield farming.

Users of Ref Finance can benefit from multiple pools in one contract, atomic transactions, a customizable pool fee, and optimal returns for pools comprised of stable assets. This is thanks to Ref’s multi-chain aggregator, which aggregates data from decentralized exchanges across NEAR and Aurora to leverage liquidity for better prices and lower trading slippage.PembRock is NEAR’s first leveraged yield farming protocol, allowing farmers to leverage their assets by up to 3x for greater rewards.

can be taken advantage of to profit no matter the prevailing market conditions. There are also bonuses for early adopters, where they can get a share of the native $PEM token, which in the near future will be able to be staked for protocol profit and decision-making rights as part of the PembRock DAO.NEAR has positioned itself as a blockchain that puts users first, while providing continuous support to developers through an expert team, NEAR Foundation grants, and NEAR Guilds.

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