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Carrot (CRT)

Carrot is the easiest way to passively benefit from DeFi on Solana. We’ve crafted a single token that allows you to accrue the highest average yield across the Solana DeFi landscape. By continually monitoring every lending protocol, we rebalance funds whenever there is a more optimal rate available. Carrot ensures your stablecoins capture higher APRs quicker, optimizing your returns efficiently and effectively.

Pre-Seed Round: $600,000

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Overview

Project industryDeFi / Solana Ecosystem
Product typeDeFi
WhitepaperCarrot White Paper Open

What is Carrot

Unified Yield Token

Carrot uses a single yield-bearing token to streamline your DeFi investments. You no longer need to connect your wallet to a site to view your yield performance—Carrot is visible directly from your wallet!

Automated Optimization

Our algorithms automatically find and invest in the highest-yield opportunities with continual monitoring. We never go "all-in" on a single strategy, reducing our susceptibility to black-swan or exploit events.

Multi-token management

By dividing the pool between USDC and USDT, we increase our ability to capture peak rates and avoid being limited to a single asset.

Tax Efficient Holding

Because the yield being earned by Carrot is accumulated to the token price, you are holding an appreciating asset that, depending on your jurisdiciton, is treated as a captial gain only when you sell your position, making it an ideal long term hold.

Details

Raised: 600,000 USD

Legal

Blockchain Platform: Solana
Registration year: 2024

Token info

Ticker: CRT
Type: Utility-token
Token standard: SPL

Project team

James Blair
James Blair
James Blair twitter
Jack Rieck
Jack Rieck
Jack Rieck twitter

Social media

Carrot web-siteCarrot TelegramCarrot X (Twitter)Carrot DiscordCarrot Github

MVP

MVP URL

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