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Ethena's Berachain incentive pre-deposit treasury is now online
On December 29th, Ethena Labs announced that Ethena's Berachain incentive reserve fund is now live, accepting USDe, sUSDe, and USDC/USDT deposits. Concrete has launched 2 Ethena reserve funds for Berachain's deposit plan, making it the first place where users can retain USD exposure while receiving Berachain rewards and participating in its ecosystem. After the launch of the Berachain mainnet, the reserve fund will deploy liquidity across the whitelist protocol in the Berachain ecosystem. Deposits of USDe and sUSDe will be eligible for Ethena rewards, Concrete Points, BERA, and native ecosystem rewards.