DeFiCarrot Launches on Solana with $600K Pre-Seed Funding, Part of Growing Ecosystem

DeFiCarrot, a new DeFi product on the Solana blockchain, has recently launched and secured a $600,000 pre-seed funding round. The platform aims to simplify earning top yields from on-chain lending products, offering the best rates on stable yields programmatically. DeFiCarrot has been compared to Jupiter for its yield from on-chain lending products. The product is part of a growing ecosystem of DeFi tools on Solana, which includes other popular platforms like Marinade Finance on Solana.