Core concepts
How Carrot Works
Carrot's process is extremely straight forward. For the longest time, DeFi has been complicated, resulting in a lot of friction for users. Our main focus is to make earning high yield on stablecoin assets easier than ever before.
The Process
Deposit
Depositing funds into Carrot is seamless and user-friendly. Simply connect your wallet and transfer your desired stablecoin assets, such as USDC, PYUSD or USDT, into the Carrot platform. Once deposited, your funds immediately start accruing yields through Carrot's automated optimization process, and the value of the CRT token you received in return appreaciates in value as a result of that earned yield.
Rebalancing
Carrot's rebalancing feature ensures that your assets are consistently directed towards the most profitable avenues. Carrot continuously monitors and dynamically reallocates your stablecoin assets to seize the best yield opportunities within the Solana DeFi ecosystem. This ongoing rebalancing strategy optimizes your returns with precision and efficacy.
Smart Decision Making
At the core of Carrot's functionality lies its intelligent decision-making process. Carrot's algorithms are designed to analyze and identify the highest-yield opportunities across various DeFi protocols on Solana. By diversifying investments and avoiding overexposure to any single strategy, Carrot reduces susceptibility to unforeseen events, ensuring stability and sustainability in yield generation.