Carrot Juice — a DeFi 2.0 protocol, based on the decentralized reserve currency JUICE and the flexible stablecoin CARROT. The JUICE token is a decentralized reserve currency with controlled protocol cost (PCV) and protocol liquidity (POL) mechanisms, backed by the value of reserve assets in the Garden Balance.
The CARROT token is an elastic stablecoin system, based on a consensus algorithm. The subscription price for JUICE tokens is determined by the total value of the assets, involved in the subscription, and CARROT is calculated in the amount of 1 BUSD. The ratio of the value of the assets, involved in the subscription to 4000 JUICE tokens, is the subscription price for one JUICE token. Support CARROT and BUSD and other currencies to participate in the subscription.
The initial circulation of JUICE is 6,826 units, and the initial distribution plan is as follows:
- community buys 4000 JUICE with CARROT / BUSD;
- 1000 JUICE to the initial liquidity pool;
- 1000 JUICES, shared by institutional investors and communities;
- 826 - JUICE development fund.
CARROT will be a flexible stable currency asset for deployment across multiple chains. Since all liquidity is locked in the treasury, you can hold it and use it with confidence. JUICE is the governance token and incentive ecology token of the CARROT stablecoin.