It’s Cornucopia Season and Everyone Eats: Concrete x Movement

Gmove -

Concrete will be a premiere vault operator for the Cornucopia program in collaboration with Movement Labs - the core contributors to the Movement Network, a next-gen solution built using MoveVM that settles to Ethereum.

Cornucopia is a multi-asset liquidity campaign launching alongside the Movement Network Public Mainnet Beta. This liquidity program will accelerate ecosystem growth by providing the foundation for DeFi applications across the Movement Ecosystem.

Concrete DeFi infrastructure will enable deeper liquidity and asset distribution - powering increased protocol adoption from day one on Movement.

Concrete will be hosting 3 core assets - BTC, Stablecoins, and MOVE across a variety of leading asset issuers.

The BTC vault will feature Lombard, Lorenzo, and Solv. The $MOVE vault will feature Movement's liquid staking protocols, Thunderhead, Movernance and Meridian. We will also provide infrastructure for Ethena’s $100M vault.

We are thrilled to be a premiere infrastructure provider for Movement Labs and excited to help foster the development of Move DeFi.

Concrete will make a series of announcements this week explaining the individual vaults and incentives more deeply. These vaults will be open for user deposits the following week.

As Concrete continues to roll out its suite of DeFi products, depositors will have access to additional utility through -

  • ct[ASSET] Utility: Use your ct[ASSET] tokens freely in the ecosystem - trade, LP, and more.

  • Generate Leverage: Optimize your strategies with leverage options utilizing your ct[ASSET]s as collateral.

These features provide flexibility and amplify potential returns for users across the Movement ecosystem and beyond.

Join the Community:

For those interested in learning more or engaging with the community, join us on Discord: discord.gg/concretexyz and follow us on X: x.com/concretexyz.

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