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1/ Update on Carrot following the Drift exploit.
The Drift exploit hit Carrot hard. Assuming no fund recovery, CRT holders are facing a ~50% loss, which makes the adjusted price ~$57.65.
Here's where things stand and what we're doing next
Carrot
3,013 posts
Carrot
@DeFiCarrot
Grow your wealth faster, on autopilot.
$CRT for the best yield on Solana. Turbo for dynamic leverage, protected from liquidations.
- 1/ We're excited to share that we have closed a small $600k pre-seed round! A key step in our mission to simplify earning top yields across Solana's DeFi ecosystem.
- "How will a vegetable take over Solana DeFi?" Here's how one simple token will change everything! Introducing Carrot 🥕
- The past 12 hours have been crazy We're glad to report that Carrot functioned as expected, handling millions in withdraws and deposits, with no bad debt, all while earning yield Proud to build on @solana which held up great and earn the trust + confidence of our DeFi users 🥕
- Carrot Beta: Early Access 🥕 Excitement is building as we approach our beta launch! Early access spots are limited, so don't miss out. Sign up now: beta.deficarrot.com
- The calm before turbo acceleration. Carrot made maximizing yield effortless and accessible. Now comes the pedal to the metal: leverage that is dynamic and protected from liquidations with our Smart Risk engine. A new class of assets is about to light up @solana.
00:00 - Before Carrot, DeFi yield was a headache. Managing multiple protocols? Exhausting. Without it? Sub-optimal gains. Simplify DeFi with one token. Choose Carrot 🥕
- 🥕 Introducing the Carrot Debit Card! 🥕 The yield bearing card that earns while you spend! ✅ Earn high yields on your card balance ✅ Load your card with crypto or fiat ✅ Swipe or tap anywhere USD is accepted Who’s ready to spend smarter? 💳
00:00 - 1/ Carrot is Yield Made Simple. Two clicks, and you're earning. 🥕 But is it really *THAT* simple? Well…👇
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