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Carrot Protocol
Carrot Protocol is a Solana-based DeFi protocol for stablecoin yield, lending, borrowing, and leveraged yield positions. It provides CRT, Boost, and planned Turbo products for users connecting their wallets.
Distributed
Description
Carrot Protocol provides access to DeFi yield opportunities through smart contracts on public blockchains. Its interface lets users supply assets to lending pools, borrow against collateral, and use Boost for automated one-click leveraged yield looping; CRT automates yield allocation across multiple venues. The site also describes Turbo as forthcoming managed-leverage tokens. Carrot Labs, Inc. provides the website and user interface, which are distinct from the protocol.Grant Funding
VC Funding
None
2024
$0
$600K