Burrow is a decentralized, non-custodial, pool-based interest rates platform that enables users to supply assets to earn interest, and to borrow against them to unlock liquidity. Burrow is similar in nature to Aave, Compound, and other pool-based protocols. Burrow runs natively on the NEAR blockchain, a layer 1, proof-of-stake, sharded blockchain with a WebAssembly runtime. The Burrow protocol's smart contracts are written in Rust.Burrow aims to unlock liquidity for interest-bearing assets, particularly layer 1 staking derivatives such as stNEAR and stETH. For instance, users of Burrow will be able to deposit stNEAR as collateral, then borrow more NEAR to create a leveraged staking position, or borrow a stablecoin to create a self-repaying position.BRRR token holders can partake in the BRRR staking program, similar to the ve-token model pioneered by Curve. They can stake their BRRR tokens and receive xBRRR tokens. As a result, xBRRR holders will receive boosted rewards for supplying and borrowing on Burrow, and will also be able to partake in DAO governance through voting.&nbsp;

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Burrow is a decentralized, non-custodial, pool-based interest rate platform for lending and borrowing assets

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