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