Get Access to the Corn DeFi Ecosystem: app.concrete.xyz/vault/corn/btc
We’re thrilled to announce our collaboration with Corn and a number of premier asset issuers to bring you an exciting new opportunity in DeFi.
Corn is a blockchain network built on the Arbitrum Orbit stack, designed to harness Bitcoin's value while leveraging Ethereum's computational power. Together, we are launching Concrete Earn Vaults, offering users the easiest way to access the best DeFi yields and gain exposure to the Corn ecosystem.
This partnership will enable users to maximize their rewards while contributing to the growth of Corn’s DeFi ecosystem.
The Concrete x Corn Vaults allow users to deposit assets onto Corn to maximize yields and earn exclusive incentives. These vaults will live on Ethereum mainnet and seamlessly bridge deposits via LayerZero to Corn, where they will be deployed to applications across the Corn ecosystem.
Lombard - LBTC
Bedrock - uniBTC
Solv - solvBTC.BBN
wBTC
cbBTC
Depositors will receive $CORN Rewards, Concrete Points, Zerolend Points, Avalon Points, and rewards from each asset issuer.
The vaults will deploy these assets through strategies across the Corn ecosystem to generate the highest risk-adjusted yields while accelerating liquidity on DEXs and Lending Markets throughout the Corn DeFi ecosystem.
The vaults will also be listed on Pendle.
Users can compound and speculate on their yield with Pendle, who will be support markets for the Bitcoin LSTs.
Depositors will receive ct[ASSET] vault shares, which come with additional utility as Concrete continues to roll out its suite of DeFi products:
ct[ASSET] Utility: Use your ct[ASSET] tokens freely in the ecosystem—trade, LP, and more.
Generate Leverage: Compound your strategies with leverage options utilizing your ct[ASSET]s as collateral.
These features provide flexibility and amplify potential returns for users across the Corn ecosystem and beyond.
The Corn x Concrete Earn Vaults will automate yield strategies for depositors, making DeFi easy, simple, and safe. This makes Concrete the ‘one-stop DeFi shop’ for Corn.
Corn’s focus on Bitcoin DeFi and its robust infrastructure create a flywheel for new user adoption, and we are excited to support the network’s growth.
By deploying funds to platforms like Curve, Pendle, Avalon, and more the vaults will ensure optimal asset allocation and yield generation.
This creates a flywheel for Corn, the butter way to use BItcoin.
To learn more, follow @ConcreteXYZ and @Use_Corn on X.
Join the conversation in our community at http://discord.gg/concretexyz.