If you didn’t know yet, in @ConcreteXYZ, a ctASSET is a yield-bearing receipt token that you receive when depositing assets into a Concrete Vault. Simply put, a ctASSET represents the assets you deposited into the vault plus all the yield the vault generates over time. 1/ Where do ctASSETs come from? Imagine you are a regular user who wants to deposit the assets you’ve saved in order to earn yield. First, you deposit your assets into a Concrete vault. Your only job is to deposit the funds, you don’t need to worry about what the vault does behind the scenes. For example, you might deposit WBTC, sEIGEN or stablecoins,... After the deposit is completed, the vault issues you a token called a ctASSET, such as: WBTC -> ctWBTC sEIGEN -> ctsEIGEN stablecoins -> ctUSD From that point on, you can think of ctASSETs as a “proof” of your deposit. A ctASSET represents your ownership share in the vault together with the yield generated by it. It tells you: + how much capital the user has deposited into the vault + how large the user’s share is relative to the total vault + that all yield generated by the vault automatically belongs to the user Over time, if the vault earns profits, the value of your ctASSET increases as well. When you withdraw, you simply return the ctASSET to the vault and receive the original asset plus all accumulated yield. In short, a ctASSET is what you receive when you deposit into Concrete, and it represents both your principal and your yield. 2/ Why are ctASSETs important? Because ctASSETs are not just ordinary “deposit receipts.” They are designed to turn DeFi deposits into assets that are actively working. The first key difference is that ctASSETs automatically generate yield. The moment you receive a ctASSET, your capital starts working. The vault automatically deploys funds into yield-generating strategies, and you don’t need to take any additional actions. The second difference is that ctASSETs can increase in value over time. The supply of ctASSETs does not increase, instead, the value of each ctASSET gradually rises. When the vault earns yield, that profit is reflected directly in the ctASSET value. This means that with the same amount of ctASSETs, you can withdraw more assets than you initially deposited. Third, ctASSETs represent DeFi strategies, not idle deposits. They don’t just show that you deposited funds, they show that your capital is actively deployed in underlying DeFi strategies. The vault may restake, lend, optimize yield and adjust strategies based on market conditions. In that sense, a ctASSET represents a continuously running yield-generating machine. Finally, ctASSETs turn idle capital into active capital. Without ctASSETs, deposited funds would feel like money waiting to be withdrawn. With ctASSETs, every unit of capital is actively deployed, pooled, optimized, and made more productive. ctASSETs are how Concrete transforms passive deposits into active assets. 3/ What can users do with ctASSETs? A ctASSET is not just a deposit token, it is an active DeFi asset. By holding ctASSETs, users can use them in multiple ways: - Trade or swap You can trade or swap ctASSETs like any other token. This allows users to exit positions early without withdrawing directly from the vault and creates secondary liquidity for yield positions. As a result, yield positions become flexible and liquid assets. Provide liquidity (Liquidity Providing) Users can supply ctASSETs as liquidity on AMMs. They earn yield from the vault while also receiving trading fees or incentives. This significantly improves capital efficiency. Use as collateral or leverage In the future, or on protocols that support ctASSETs, they can be used as collateral. This enables borrowing, opening new positions, or leveraging yield without selling yield-generating assets. 4/ How do ctASSETs fit into “One-Click DeFi”? ctASSETs are a core building block that makes "One-Click DeFi" possible. Instead of forcing users to manage multiple protocols and positions, ctASSETs package all the complexity into a single asset. - One deposit equals one ctASSET Users only need to deposit once into a vault. They don’t need to know where the capital is deployed, which farms are used, or how restaking works. They receive one ctASSET that represents the entire position and underlying strategy. - No need to manage multiple positions With traditional DeFi, lending, staking, restaking, and farming all create fragmented positions. With ctASSETs, everything is consolidated inside the vault. Users only track the ctASSETs they hold. - No manual compounding Yield is automatically reinvested inside the vault. The value of the ctASSET increases over time. No claiming, no swapping, no restaking required. - No strategy switching The vault automatically optimizes and adjusts strategies based on market conditions. Users don’t need to withdraw - redeposit - or migrate between protocols. The ctASSET stays the same, only the underlying strategy changes. Overall, ctASSETs make One-Click DeFi truly simple. Users just deposit capital, receive a ctASSET, and let the system handle everything else. DeFi shifts from a complex series of actions into an experience as simple as holding a single token. "One click. One ctASSET. DeFi handles the rest." “You can earn with ctASSETs by depositing into Concrete vaults at https://app.concrete.xyz/earn"