Konkrete is a protocol that brings real estate yields on chain.
Token holders can now receive sustainable real world yields while remaining on chain.
The collapse of the Terra ecosystem and its contagion effect has revealed there are no alternative for stable and performing crypto.
This caused APY on stable coins to shrink substantially.
Real estate uniquely provides with the ability to generate passive yield. It has shown resilience in market downturns and is the preferred asset for more diversified yet performing positions.
Konkrete combines the liquidity and composability of DeFi with the resilience of real estate. Users enjoy a better APY than staking stablecoins while maintaining a low risk exposure.
existing in a material of physical form; not abstract.
a building material made from a mixture of broken stone or gravel, sand, cement, and water, which can be spread or poured into moulds and forms a mass resembling stone on hardening.
Real estate uniquely provides with the ability to generate passive yield. It has shown resilience in market downturns and is the preferred asset for more diversified yet performing positions. To this day, real estate is reserved to a handful privileged investors. Leaving most of us with limited opportunities to enter and be active in the space.
As much as DeFi is opening a new lane of possibilities, it has long been filled with scams enriching a few, stealing most, and scaring away any potential new comers. The next rise of DeFi will be driven by real world values.
There are real world assets where DeFi has stronger value proposition. Real estate is one of them. Konkrete brings the most resilient, safe, and secure asset class to unleash its potential for DeFi users.