BlockBeats news, on December 29, Ethena Labs announced that Ethena's Berachain incentive deposit vault is now live, accepting deposits in USDe, sUSDe, and USDC/USDT. Concrete launched 2 Ethena deposit vaults for the Berachain deposit program, which are the first places that allow users to maintain exposure to USD while earning Berachain rewards and participating in its ecosystem.
After the launch of the Berachain mainnet, the deposit vaults will deploy liquidity across whitelisted protocols in the Berachain ecosystem. Deposits in USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards.