Automated yield and credit strategies
Concrete makes depositing, earning and borrowing on-chain easy, simple, and safe.
Concrete Earn
Users deposit in to 4626 standard vaults, and Concrete strategies generate best in class market returns. The strategies allocate funds in to tried and tested yield bearing mechanics, and return upside to depositors. Depositors receive Concrete [DEPOSIT] tokens as a representation of their contributions. i.e. when depositing ETH, a user receives CT[ETH]. This Liquid Vault Token, can be used to borrow against, or trade with other users.
Concrete Borrow
Allows borrowers to access any money market connected to Concrete and acquire liquidation protection, this is a fixed size fixed term credit line that deposits in to user loans brokered through Concrete when they approach a liquidation threshold. If a user maxes out their credit line, and defaults, Concrete uses flash loans to safely close the position and recoup all owed Credit + fees.
Concrete at Scale
All Liquid Vault Tokens, loans, and credit lines, are built to be traded and tokenized through Concrete’s yet to launch exchange. This will allow users to sell their loans, stopping the need to pay for the cost of borrowing, and for other defi participants and traders to take on their position looking to gain maximum exposure to leveraged assets at a discount. This exchange powers the next evolution in derivative trading for crypto, unlocking NPL’s, CDS’s, and various swaps.
Through a hub and spoke architecture, Concrete is able to scale rapidly across emerging and established networks, tapping in to flows and driving significant revenue to the token holders.
We are a quantitatively focused team combining traditional financial expertise with crypto natives from Coinbase, Galaxy Digital, Consensys, Curve, Caxton, Kava, Polkadot, Spectral, Eco, and more.
🌎 Website - here
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💪 Team - here