What is Carrot?

Carrot is a Solana-based DeFi platform that simplifies passive earning with a unified yield-bearing token. It automatically optimizes stablecoin yields by rebalancing funds across various lending protocols to capture the highest average APR. Carrot’s token can be tracked directly in a wallet, allowing users to monitor performance without visiting a website. The platform's algorithms also mitigate risk by diversifying across multiple strategies and assets, ensuring more efficient and secure returns for users.