Ethena has also launched the Berachain pre-deposit Vault, supporting deposits of #USDe and #sUSDe as well as USDC/USDT

Compared to directly staking USDe on Ethena, this offer has a better reward-to-value ratio!

There are 30x Ethena, 4x CONCRETE, $BERA, KODIAK, and DOLOMITE for a total of five layers of rewards!

I have already unstaked several thousand dollars of USDe that was previously staked on Ethena, and after a seven-day thawing period, I will deposit it into the Vault!

This vault is essentially preparing liquidity for Berachain in advance, and after the mainnet goes live, it will be directly invested into #Berachain, so there will be a certain lock-up period.

The page indicates that the lock can be released within 1-3 months after the mainnet goes live, but Concrete will provide liquidity, so it can be directly exchanged at that time, and the actual lock-up time will be a bit shorter than expected!

DYOR!