Description
DeFi Carrot provides a yield-bearing token, CRT, designed to actively generate returns for its holders. The system continually monitors the Solana blockchain to find the best lending rates across top protocols and allocates deposited assets (USDC/USDT) accordingly. This process is automated, with the program analyzing the market every minute to optimize allocation. Key features include built-in risk management by spreading funds across multiple protocols, no slippage when buying or redeeming CRT, and tax-efficient token appreciation. The value of the CRT token increases as the vault accrues earned yield. Users can deposit stablecoins to mint CRT and can redeem their CRT for their share of the vault's assets or trade it on a swap at any time.