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.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
