# How to buy PEM

PEM is the token at the center of PembRock, unlocking access to a greater number of features and giving you more chances to profit.

With PEM, you can:

* Farm PEM pairs for high APY. 
* Lend PEM for stable APY. 
* Stake PEM for a share in protocol profit. 
* Access lending rewards as an additional bonus for funding liquidity pools. 
* Gain governance rights to help steer the direction of the platform.

[**You can read in more detail about PEM tokenomics here.**](https://docs.pembrock.finance/tokenomics)

### **How to Buy PEM**

PembRock Finance only launched recently, with our token listed on the NEAR DEXes [Ref Finance](https://www.ref.finance/), [Spin](https://spin.fi/), and [Tonic](https://app.tonic.foundation/); however, as we hit the remaining milestones of our [roadmap](https://docs.pembrock.finance/roadmap), PEM will be made available across more decentralized exchanges on NEAR and other blockchains, as well as leading centralized exchanges. We will update this page as new listings occur.

#### How to Buy PEM on Ref Finance

Built on NEAR Protocol, buying PEM on Ref Finance is really easy. Just follow these simple steps:

1. Make sure you have set up your NEAR wallet and have put some funds on there. If you haven’t done this yet, please [see our step-by-step guide](https://docs.pembrock.finance/education/how-to-guides/how-to-create-a-near-wallet).
2. Go to [Ref Finance](https://app.ref.finance/#wrap.near|token.pembrock.near) and click *Connect* to NEAR in the top right-hand corner.

![](https://3009581663-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fop6AI95zTHVsmsuW1IpF%2Fuploads%2F4ZMlk4oWvMrKWvKQzAvx%2FPEM%201.png?alt=media\&token=52d15902-52cf-4b1e-aeb1-467ee8c899e4)

3\. Make sure you are in the *Swap* part of the app, and then select the token in your wallet. If you haven’t swapped for PEM before, you will need to search for it.

![](https://3009581663-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fop6AI95zTHVsmsuW1IpF%2Fuploads%2FxfpUDSYUnzPMpV4U6whE%2FPEM%202.png?alt=media\&token=7816babf-6e30-47fb-abfe-df98f1859562) ![](https://3009581663-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fop6AI95zTHVsmsuW1IpF%2Fuploads%2FihlJ0zGVMXd3ReIXWHdp%2FPEM%203.png?alt=media\&token=7ae5b56a-96b0-4f92-a515-4b96ce055f30)

4\. Once you have selected the PEM token, click the green *Swap* button down the bottom and confirm the transaction in your NEAR wallet.

![](https://3009581663-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fop6AI95zTHVsmsuW1IpF%2Fuploads%2FdWKNh0b6jT4SRQ0QQ2JY%2FPEM%204.png?alt=media\&token=5accd3e2-36ab-440a-9ac3-cf50f8a4735e)

5\. You will get a confirmation when your swap is complete and your funds will appear soon after in your NEAR Wallet.

![](https://3009581663-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fop6AI95zTHVsmsuW1IpF%2Fuploads%2FbcZ7ZukxJsthqodbnkGO%2FPEM%205.png?alt=media\&token=cde1b2ad-3a1d-4502-81c2-f723742bd08f)

There you have it! You now have PEM in your wallet, which means you can unlock everything PembRock Finance has to offer!