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.