What is Carrot?

Simply put, Carrot is yield.

Carrot is the easiest way to passively benefit from DeFi on Solana. Our Liquid Yield Bearing token ($CRT) allows you to accrue the highest average yield on stablecoins across the Solana DeFi landscape, without any active management on your part.

We rebalance the pool of funds whenever there is an opportunity that will benefit all token holders collectively, while continually monitoring each yield venue to protect funds. Carrot ensures your stablecoins capture higher APRs quicker, optimizing your returns efficiently and effectively.

Key Features

Unified Liquidity Layer

Carrot uses a single yield-bearing token to streamline your DeFi investments, providing acccess to yield, without restricting your access to liquidity. You no longer need to connect your wallet to a site to view your yield performance — Carrot is visible directly from your wallet!

Tax Efficient Holding

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

Automated Optimization & Risk Management

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

Multi-token management

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

Why the name 🥕

The name originated from the "stick versus carrot" metaphor, which represents two contrasting approaches to motivation: the "carrot" symbolizes rewards and incentives, while the "stick" stands for punishment or threats. This metaphor reflects the idea of influencing behavior through either positive or negative means, similar to how you might encourage a donkey to move forward by offering a carrot (a reward) or threatening with a stick (punishment).

If we want the world to experience and have access to the benefits of DeFi - it is the carrot, not the stick that will bring them here!