Ethena Labs announced that Ethena’s Berachain incentivized pre-deposit vault is now live, accepting USDe, sUSDe, and USDC/USDT deposits.
Concrete has launched 2 Ethena pre-deposit vaults for Berachain’s deposit program, allowing users to retain USD exposure while earning Berachain rewards and participating in its ecosystem.
After the Berachain mainnet is launched, the pre-deposit vault will deploy liquidity to whitelisted protocols in the Berachain ecosystem. USDe and sUSDe deposits will be eligible for Ethena rewards, Concrete points, BERA, and native ecosystem rewards.