User Journey
Concrete is designed to help users optimize yield generation from the moment they deposit assets. The walkthrough below traces how your Day One deposit is put to work across the vault's strategies.
Day One: Laying the Foundation for Yield and Security
1. Deposit into a 4626 Vault
On Day One, your journey starts when you deposit an asset (e.g., ETH, BTC, USDC) into a 4626 vault. This vault is a specialized structure designed to streamline investment processes while ensuring compatibility with other protocols. You don’t need to take any action beyond depositing—the system is built to automate the most efficient strategies.
2. Passive Yield Generation
Once your asset is in the vault, Concrete employs sophisticated strategies to seek the best yield opportunities available in various crypto markets. For example, your funds might be allocated to money markets like Aave or Compound, where the protocol identifies the highest risk-adjusted returns. The entire process is handled seamlessly by Concrete’s backend, eliminating the need for you to manually move assets around or keep track of yield rates across different platforms.
Over time, your assets accrue yield. Concrete allows you to periodically claim the rewards generated from the automated strategies. The yield from your assets can be used to automatically compound or be withdrawn at any time, leaving users to profit from the remaining yield while maintaining liquidity.
3. Simple Fee Structure
On the first day, you begin incurring standard fees like Yield fees.
How Concrete Makes Money
Yield Fees
Concrete vaults charge a management fee on AUM (typically 1.5% annualized for standard vaults) and may charge a performance fee on net positive yield. See the Fees page for full details.
Example Journey
Imagine you deposit 1 ETH into Concrete on Day One. Concrete immediately places your ETH into its vaults, actively seeking the highest risk-adjusted returns through lending protocols like Aave or Compound. You earn passive yield on your deposit, and Concrete handles all the research and market movements.
Over time, as your assets accrue yield and the market evolves, Concrete’s automated system continuously compounds your returns and optimizes allocations, leaving you to profit from the growing yield without manual intervention.
Throughout the process, Concrete handles everything—from rebalancing your assets to maintaining accurate accounting—while ensuring that your deposits are safe and optimally managed.