Community Comic Series · Episode 2
The Concrete
Chronicles
Episode 2 of ∞
📈 "The NAV Explainer"
Your vault share has a price. It compounds. It doesn't dilute. Most people have no idea how this works — until now.
Panel 1 · The Confusion · Monday 6:00 PM
concrete.xyz / portfolio YOUR BALANCE 940.18 ctUSDC shares Deposited 1,000.00 USDC 1000 - 940 = $60 GONE?! where?? ? ? 940 shares?! I deposited $1,000... WHERE IS MY $60?! MON 6:00 PM
Panel 2 · The Mentor Appears · 6:01 PM
NAV = NET ASSET VALUE Total Vault Assets Total Shares in Existence = NAV per share EXAMPLE Vault holds: $999,420 USDC Total shares: 940,180 ctUSDC NAV per share = $1.0631 ↑ You have 940 shares. Each share is worth $1.0631 — not $1.00 like when you joined. 940.18 × $1.0631 = $1,000.59 USDC ✓ ? ! MON 6:01 PM
Panel 3 · The NAV Revealed · 6:03 PM
C CONCRETE .xyz · ctYieldUSDC ● LIVE NAV PER SHARE $1.0641 NAV / SHARE OVER TIME 1.00 1.03 1.06 W1 W2 W3 NOW YOUR SHARES 940.18 USD VALUE $1,000.59 EARNED +$0.59 ✦ ✦ ✦ ✦ The share count stays fixed. The PRICE of each share goes up. That's how vaults compound. 🧠 MON 6:03 PM
Panel 4 · The Clarity · Three Weeks Later
ctUSDC NAV PER SHARE $1.00 → $1.064 → ∞ ↑ C 8.9% APY +$623 wk NAV $1.089 +$1,023.82 I stopped checking my share count. 😌 Welcome to the other side. 🤌 🪙 🪙 🪙
📺 Coming Up Next
Episode 3 · Next Week

"The Probability Engine"

What is actually happening inside Concrete's brain when it decides where to put your USDC? A peek inside the machine that replaced your 22 open tabs.

↗ Coming Jul 7
Episode 4

"The Institutional Migration"

A hedge fund, a family office, and a DAO walk into a custodian... and Concrete was already there waiting for them.

Coming Jul 14
Episode 5 · TBD

"The Liquidation That Wasn't"

A volatile weekend. A collateral ratio teetering on the edge. And the protection layer that stepped in before the cascade started.

Coming Soon
Understand NAV Now?

Next: "The Probability Engine" — inside the automation that manages 12 protocols at once.

Share this episode, tag @ConcreteXYZ, and tell us what DeFi concept you want explained next.

Share on X Join Discord Try Concrete →
THE CONCRETE CHRONICLES  ·  Community-made educational comic series  ·  Not official Concrete content
By @billiano_21  ·  concrete.xyz  ·  @ConcreteXYZ  ·  Discord  ·  Points Program
APY figures illustrative. Not financial advice. DYOR.