> For the complete documentation index, see [llms.txt](https://docs.pembrock.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pembrock.finance/education/how-to-guides/how-to-buy-pem.md).

# 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.

![](/files/ZIqC2xaFvR0oufN7GxbJ)

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.

![](/files/qMEto2BRtLwYjTLbYvRx) ![](/files/WydFW6njwb1eQ4HZOKZT)

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

![](/files/8MRCQYV4n4zX5ieFbVao)

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

![](/files/HQOngRxeUZmLQIesFijN)

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