CoinVoice has recently learned that Solana's yield optimization protocol Carrot has completed a $600,000 Pre-seed round of financing, with participation from BOOGLE, DKS Ventures, angel investors Retired Chad Dev, DRiP founder Vibhu, Nom, Kash Dhanda, ChartFu, Iced and others.
According to RootData, Carrot is the easiest way to passively benefit from Solana DeFi using a single token that provides the highest average yield. By continuously monitoring each lending protocol, it rebalances funds when better rates are available. Carrot ensures that stablecoins earn higher APRs faster, thereby optimizing returns efficiently and effectively. [Original link]
