#Ethena Pre-Deposit Vault Launched#
Hot Topic Overview
Overview
Ethena's Berachain incentivized deposit vault is now live, accepting USDe, sUSDe, and USDC/USDT deposits. Launched by Concrete, the vault is the first of its kind to allow users to retain USD exposure while earning Berachain rewards and participating in its ecosystem. Deposits of USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards. The vault will be deployed 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 retain dollar exposure while earning Berachain rewards and participating in its ecosystem. 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 deposits and participate in the development of the Berachain ecosystem while retaining the value of their dollars.
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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 Berachain, the first places where users can retain 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.
Ethena deposit vaults will be deployed across whitelisted protocols in the Berachain ecosystem after the Berachain mainnet launch.