# What is CARROT JUICE

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CARROT JUICE is a DeFi 2.0 protocol based on the decentralized reserve currency JUICE and the elastic stablecoin CARROT. JUICE token is a decentralized reserve currency with Protocol Controlled Value (PCV) and Protocol Owed Liquidity (POL) mechanisms, supported by the value of reserve assets in the Garden Balance. CARROT token is a non-dilutable elastic stablecoin system based on algorithm consensus. CARROTJUICE will operate as an independent ecosystem from December 2, 2021. The brand has been upgraded to CARROTJUICE, and the official website of the project is [https://carrotjuice.io ](https://carrotjuice.io).


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