On December 29th, Ethena Labs announced that Ethena's Berachain Incentive Deposit Vault is now live, accepting USDe, sUSDe, and USDC/USDT deposits. Concrete has launched two Ethena Deposit Vaults for Berachain's start-up deposit program. They are the first venues where users can retain their exposure to US dollars but receive Berachain rewards and participate in its ecosystem.
After the Berachain mainnet goes live, the pre-deposit vault will deploy liquidity across whitelisted protocols in the Berachain ecosystem. Deposits from USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards.
Ethena's Berachain Incentive Deposit Vault is now live
2024-12-29 01:00:08
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