Berachain is redefining DeFi with its innovative Proof-of-Liquidity (PoL) mechanism. As the mainnet launch approaches, early participants have an exciting opportunity to earn rewards through pre-deposit campaigns, liquidity mining, and more.
This guide provides a comprehensive walkthrough of how to maximise these opportunities, detailing all the steps and tools available for users to capitalise on this unique ecosystem.
The Berachain Pre-Deposit Vaults
Berachain has partnered with Concrete, Lombard Finance, and StakeStone to introduce two pre-deposit vaults aimed at rewarding early participants while building liquidity for the ecosystem.
Bitcoin Bera Vault (Concrete and Lombard)
- What it Offers: Deposit LBTC or wBTC on the Ethereum mainnet.
- Lock-Up Period: Funds are locked until April 14, 2025.
- Post-Lockup Deployment: Deposits will be bridged to Berachain for LBTC-based DeFi opportunities.
- Rewards: Earn incentives from Berachain, Babylon, Lombard, and Concrete during the lock-up period.
StakeStone Berachain Vault
- What it Offers: Deposit ETH, STONE, WETH, or BTC-related assets to receive beraSTONE or beraSBTC tokens.
- Tokens Benefits: These tokens open access to Berachain’s Protocol-Owned Liquidity (PoL) rewards, DeFi strategies, and multi-layered yield opportunities.
- One-Stop Solution: Simplifies liquidity participation and yield optimisation, bridging emerging ecosystems like Berachain with Ethereum’s established DeFi infrastructure.
Step-by-Step Guide to Participating
Step 1: Visit the Vault Pages
- For Bitcoin Bera Vault, go to Lombard Finance.
- For StakeStone Vault, visit StakeStone Platform.
Step 2: Connect Your Wallet
Ensure your Ethereum-compatible wallet is connected by clicking the ‘Connect Wallet’ button. Switch to the Ethereum mainnet if required.
Step 3: Use an Invitation Code
Boost your rewards by entering a referral code, such as 91852, to get a 10% bonus in Bera-Wave points. Sharing your code can earn you an additional 20% in referral rewards.
Step 4: Deposit Your Assets
- Bitcoin Bera Vault: Deposit LBTC or wBTC.
- StakeStone Vault: Deposit ETH, STONE, or BTC-related assets to receive beraSTONE or beraSBTC tokens. These deposits unlock rewards during the pre-deposit phase and are 1:1 mapped to Berachain’s mainnet after launch.
Step 5: Earn Additional Rewards
- Hold Tokens: Holding beraSTONE or beraSBTC earns Bera-Wave points, which accumulate hourly.
- Boost Rewards: Use beraSTONE or beraSBTC in DeFi protocols like Uniswap to:
- Gain 5x points by providing liquidity.
- Achieve 6x points by maintaining precise liquidity ranges (±0.1%).
- Access future protocols like Pendle and Morpho for advanced yield strategies.
Step 6: Monitor and Redeem Rewards
Track your Bera-Wave points and other rewards on the StakeStone Vault page. Points are updated hourly, and retrospective points are reflected within 1–2 days.
Why Join Now?
Participating early in the Berachain ecosystem offers unique benefits:
- Early Incentives: Accumulate Bera-Wave points, governance tokens (STO), and liquidity mining rewards before the mainnet launch.
- Seamless Mainnet Integration: Pre-deposits are mapped directly to the Berachain mainnet, simplifying the transition for users.
- Retail-Friendly Tools: StakeStone’s automated strategies reduce complexity, making it accessible for everyday users.
How Berachain’s Ecosystem Works
Berachain’s PoL mechanism rewards liquidity providers with governance tokens (BGT) that can be converted into BERA, the ecosystem’s primary token. Validator nodes vote on liquidity pools to determine where BGT emissions go, encouraging active participation in liquidity provision.
StakeStone’s Role in the Ecosystem
StakeStone’s Berachain Vault simplifies this complex system by:
- Encapsulating liquidity into yield-generating tokens (beraSTONE/beraSBTC).
- Providing cross-chain yield opportunities, bridging Berachain with Ethereum.
- Automating liquidity management, governance voting, and yield optimisation.
Multi-Layered Rewards Explained
Participants can unlock returns across three layers:
- Layer 1: Staking rewards from ETH or STONE deposits.
- Layer 2: Liquidity mining rewards within Berachain’s PoL system.
- Layer 3: Additional DeFi yields through platforms like Uniswap, Aave, and Pendle.
This structure maximises capital efficiency while connecting Berachain’s ecosystem with mature networks like Ethereum.
Additional Opportunities for Participants
Beyond pre-deposit campaigns, users can engage in:
- Liquidity Mining: Stake beraSTONE and beraSBTC in liquidity pools for higher APY.
- Governance Voting: Influence the allocation of BGT emissions by supporting specific validator nodes.
- Referral Rewards: Share your invitation code to boost your earnings through referral bonuses.
Key Highlights and Achievements
- StakeStone Vault attracted over 10,000 participants in 2.5 hours, with deposits exceeding $30 million.
- Early adopters can lock in STO tokens and earn Bera-Wave points during the pre-deposit phase.
- The first 10,000 participants depositing at least 0.042 ETH or 0.0015 BTC receive additional incentives, including 150 STO tokens.
Conclusion
Berachain’s pre-deposit campaigns and StakeStone Vault provide a rare opportunity to earn rewards while gaining early access to a cutting-edge ecosystem.
By participating in these vaults, leveraging Bera-Wave points, and exploring multi-layered yield strategies, you can maximise your returns and position yourself for long-term success in Berachain’s ecosystem.
The early Beras get the honey—don’t miss this chance to participate in one of DeFi’s most promising projects. Always DYOR and manage your risks wisely.
