Concrete
Concrete is deployed as a hub and spoke model to seamlessly integrate with new chains and lenders across EVM, SVM, and Move VM environments. The Probability Engine and Concrete hub is hosted on Concrete’s appchain and utilizes LayerZero messaging to issue and manage protection products across the connected spoke chains. Beyond liquidation protection, users can leverage Concrete for the highest risk-adjusted yields in DeFi using Concrete’s aggregator that programmatically allocates deposited liquidity in Concrete to the highest yield pools across DeFi and uses idle liquidity to fund short term liquidation protections.
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Key Info
- 2023 Founded
News
There are no recent news for this organization.
Activity Timeline
- Raisedfrom$7.50M, and Kronos Asset Management.
Feb 15, 2024
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Venture Round | Raised $7,500,000 | Feb 15, 2024 |