MUST Join Concrete Protocol Waitlist(Confirmed)
In this article, I will share a new potential project that I have researched and confirmed. I will convince you to join their waitlist.
What is Concrete Protocol? 🤔
Concrete is a DeFi credit market where borrowers can purchase liquidation protection and liquidity providers can optimize for the highest risk adjusted yields. They are a globally distributed team of quantitatively minded builders deeply passionate about advancing the state of on-chain finance and have worked across both traditional finance and crypto - hailing from Point72, Morgan Stanley, Galaxy Digital, Caxton, Tala, Polkadot, Eco, and more.
Concrete: On Chain Debt & Credit System
Credit is the crucial missing link within on-chain finance and Concrete is the native base protocol to generate credit products and derivatives for DeFi natives. It additionally opens the gateway to build an entirely new set of financial primitives for on-chain assets using Concrete as the base layer of compute.
At launch, Concrete will serve users across money markets such as Aave, Compound, Silo, and Radiant, regularly adding both established and emerging lenders. Concrete will also work with adjacent verticals such as perpetual DEXs and NFT finance.
Concrete uses a series of quantitative methodologies to power its Probability Engine, which calculates and generates unique protection agreements which protect users from liquidation. Modular by design, the Probability Engine can be accessed through the appchain or embedded directly into partner protocols through the upcoming SDK.
The Probability Engine is the heartbeat of Concrete and these protection policies are issued as contracts that facilitate the automatic distribution of credit during market volatility - protecting user assets from liquidation.
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. Dramatically boosting rates of return.
At scale, Concrete is a new foundation for on-chain finance - becoming the basis for a new class of credit, debt, and structured products, capturing the next phase of growth for crypto.
From the summit of Avalanche, it is quite hot. Such a whitelist ought to be registered.
Here's how to do it 👇🏻
🚀Open this link below.
https://concrete.deform.cc/waitlist?referral=f9Gu9xN7DcdB
🚀Enter the email address.
🚀Connect Wallet (You can choose what designated wallet you use.)
🚀Then copy your referral link and share it with your friends or in your community to earn more points 🤑
Financing💲💰🤑
Concrete excited to announce $7.5M in funding led by Hashed and Tribe Capital. They are joined by SALT, Kyber, Hypersphere, Lightshift, Awesome People Ventures, Veris Ventures, Kronos Research, WWVentures, Avalanche Foundation, Terra Nova, and Hyperithm.
A special thank you to Portal Ventures who led our Pre-Seed Round, with participation from Picks & Shovels and Canonical Crypto.
“We believe Concrete will be the key driving force behind rebuilding transparency and confidence in a secure on-chain financial system. The founding team brings a wealth of knowledge from both compliant financial backgrounds and crypto native experiences to build this foundational layer" - Baek Kim, General Partner, Hashed.
MINT NFT? 🤔
Well, you can mint the free nft entries on https://mirror.xyz/concretexyz.eth and subscribe to get the latest updates directly to your inbox.
Again, Sign up on https://www.concrete.xyz/ to join the waitlist and to receive the latest updates.
Follow along on Twitter and join the community -
Concrete Protocol: https://twitter.com/ConcreteXYZ
Blueprint Finance: https://twitter.com/Blueprint_DeFi
Telegram: https://t.me/+EGF38FzI20M0NmI
Thank you for taking the time to explore my article on the Concrete Protocol Waitlist. I hope you found it informative and insightful about the waitlist process and strategies for maximizing your chances.
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Once again, thank you for your readership. I hope the article provided useful insights and guidance for navigating the Concrete Protocol waitlist effectively.
