Introduction
What is Carrot?
Simply put, Carrot is yield.
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.
Key Features
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.