What Is a ctASSET, and Why Does It Matter in DeFi?
A Simple DefinitionA ctASSET is a yield-bearing receipt token you receive when depositing into a Concrete vault. Instead of just locking your assets and waiting, Concrete gives you a ctASSET that represents your deposit and the yield it generates over time. This single token becomes your proof of ownership and your gateway to earning in DeFi.Where Do ctASSETs Come From?The process is intentionally simple and designed for beginners:A user deposits assets into a Concrete vaultThe vault issues a...
What Is a ctASSET, and Why Does It Matter in DeFi?
A Simple DefinitionA ctASSET is a yield-bearing receipt token you receive when depositing into a Concrete vault. Instead of just locking your assets and waiting, Concrete gives you a ctASSET that represents your deposit and the yield it generates over time. This single token becomes your proof of ownership and your gateway to earning in DeFi.Where Do ctASSETs Come From?The process is intentionally simple and designed for beginners:A user deposits assets into a Concrete vaultThe vault issues a...
