#Ethena Pre-Deposit Vault Launched#
Hot Topic Overview
Overview
Ethena Labs announces the launch of its Berachain incentivized pre-deposit vault, now accepting USDe, sUSDe, and USDC/USDT deposits. Launched by Concrete, the vault is the first of its kind to allow users to retain dollar exposure while earning Berachain rewards and participating in its ecosystem. Users depositing USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards. The pre-deposit vault will deploy liquidity across whitelisted protocols within the Berachain ecosystem upon the launch of the Berachain mainnet.
Ace Hot Topic Analysis
Analysis
Ethena Labs announces the launch of its Berachain incentivized pre-deposit vault, now accepting USDe, sUSDe, and USDC/USDT deposits. This is the first project launched by Concrete that allows users to earn Berachain rewards and participate in its ecosystem while maintaining their USD exposure. Currently, Concrete has launched two Ethena pre-deposit vaults for the Berachain launch deposit program. Deposits of USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards. After the Berachain mainnet launch, the pre-deposit vault will deploy liquidity across whitelisted protocols within the Berachain ecosystem. This means users can earn multiple rewards through their deposits and participate in the building and development of the Berachain ecosystem.
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Public Sentiment
Discussion Word Cloud
Classic Views
Ethena's Berachain incentivized deposit vault is now live, accepting USDe, sUSDe, and USDC/USDT deposits.
Concrete has launched 2 Ethena deposit vaults for the Berachain launch deposit program, the first place where users can retain their USD exposure but earn Berachain rewards and participate in its ecosystem.
Deposits of USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards.
The deposit vault will be deployed across whitelisted protocols in the Berachain ecosystem after the Berachain mainnet launch.