Ethena's Berachain Incentive Pre-deposit Vault is now online
On December 29, Ethena Labs announced that the Berachain incentive pre-deposit vault of Ethena is now online, accepting USDe, sUSDe and USDC/USDT deposits. Concrete has launched two Ethena pre-deposit vaults for the Berachain deposit plan. They are the first to allow users to retain a dollar exposure but receive Berachain rewards and participate in its ecosystem.
After the launch of the Berachain mainnet, the pre-deposit vault will deploy liquidity across whitelist protocols within the Berachain ecosystem. Deposits of USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA and native ecosystem rewards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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