Ethena's Berachain incentive deposit vault is now online
BlockBeats News: On December 29th, Ethena Labs announced that Ethena's Berachain incentive deposit vault is now online, accepting USDe, sUSDe, and USDC/USDT deposits. Concrete has launched two Ethena pre deposit vaults for Berachain's deposit program, which are the first places where users can retain their exposure to US dollars 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 in the Berachain ecosystem. Deposits of USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards.