Concrete

Concrete

Concrete is a DeFi platform offering a suite of products for universal yield infrastructure. It enables users to earn high returns through automated yield strategies, borrow from money markets without liquidation risk, and trade risk via new derivatives for any on-chain asset. The platform caters to borrowers, liquidity providers, and traders, aiming to simplify DeFi by providing secure, automated solutions and unlocking new financial instruments.
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Description

Concrete is a suite of DeFi products designed to power secure, automated yield strategies and unlock new derivatives for any on-chain asset, simplifying Decentralized Finance (DeFi) for both new and experienced users. The platform's 'Earn' feature allows liquidity providers to deposit assets into automated yield strategy vaults (powered by ERC-4626) to receive the highest market rates. Upcoming features include a 'Borrow' function for accessing money markets at the best rates with gas fee coverage, and an automated 'Liquidation Protection' service to prevent loan liquidations. Concrete also plans to introduce derivative products, tokenized vaults, and yield trading. The core contributor behind the project is Blueprint Finance, which has established partnerships with protocols like Renzo, Morpho, Corn, and Ethena to create specialized vaults and user opportunities. The platform is built for borrowers seeking protection from liquidation, liquidity providers aiming for yield maximization, and traders looking for new market opportunities.

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success