CarrotSwap aims to become the first DeFi Financial Center fully powered by the community. The Carrot ecosystem is a community-centered project aiming to rebuild all classes of financial services provided in traditional finance but through DeFi protocols (farming, governance, voting, insurance, credit, exchange, self-banking etc.). All solutions will be community-developed and all profits generated by the ecosystem will be automatically redistributed to all contributors (CARROT token holders).

Although 'CARROT' was the ticker assigned at the deployment of the CarrotSwap Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'CARROTSWAP' has been adopted for this token. This designation ensures that assets are distinctly identified.