Berachain Prime Vault Launch with Euler Sees Massive Success
Berachain Prime Vault Launch with Euler Sees Massive Success
🐻 1M+ TVL in 10 Hours
The Berachain Prime Vault collaboration with Euler has achieved significant milestones:
- Total supply exceeded 1M+ within 10 hours of launch
- Current supply APY at ~49%
- $40k total rewards from multiple protocols: • $10k in rEUL (Euler) • $10k in POLLEN (Beraborrow) • $10k in BURR (Burrbear) • $10k in EO points (eOracle) • $10k in ZERO (ZeroLend)
Participation steps: 1. Mint NECT 2. Supply on Euler 3. Earn multi-protocol rewards
Additional features including borrowing loops and BGT POL rewards are planned for future release.
Total supply crossed 1 Million+ within 10 hours of campaign launch with ~49% supply APY 🔥 Steps to participate: 1. Mint NECT 2. Supply it on Euler 3. Earn rewards from 5 protocols! app.euler.finance/vault/0x112B77…
The Berachain Prime Vault with Euler is live 🚀 Berachain x Euler x eOracle x Beraborrow x Burrbear x ZeroLend Reward Tokens: $10k in rEUL from @eulerfinance $10k in POLLEN from @beraborrow $10k in BURR from @moneygoesburr $10k in EO points from @eoracle_network convertible to
Some early balpha for you 🐻 🐻 🐻 The Berachain Prime Vault will launch on Apr 07, 2025. The pokemon partners are revealed: Network @berachain Lending infra by @eulerfinance Assets from @beraborrow and @moneygoesburr Oracles @eoracle_network
This and next week is all about @berachain ZeroLend is launching a super exotic market - Berachain Prime Vault In collaboration with some of the biggest ecosystem projects on Bera 🐻 Next, you'll see a roll out of some pokémon-themed teasers to unveil the vault partners - 4
DeFi Protocols Compete with $50k Incentives
Multiple DeFi protocols are aggressively competing for liquidity by offering substantial incentives in a single vault. This reflects a broader trend in the DeFi ecosystem, where total value locked (TVL) recently hit $50 billion - a 6-month high. Key points: - Five protocols simultaneously targeting same liquidity pool - Combined incentives worth $50,000 - Part of larger DeFi market recovery - TVL reaches highest point since mid-2023 This competitive incentive structure highlights both opportunities and risks in yield farming. Users should carefully evaluate sustainable vs temporary yields.
ZeroLend Launches on Mezo Networks Testnet
ZeroLend has expanded its decentralized lending protocol to the Mezo Networks testnet, marking a significant step for Bitcoin's modular ecosystem. This integration aims to provide: - Fast and secure lending capabilities - Enhanced accessibility within the Bitcoin modular stack - Seamless testnet functionality The launch follows a recently announced campaign collaboration between Mezo Network and partners including VelarBTC, Protocol Blend, and pamp.land. Users can expect rewards post-mainnet launch.
DeFi Projects Pivot to Traditional Finance Products
A notable trend is emerging in the DeFi space as projects increasingly pivot toward traditional financial products, particularly credit cards. This shift represents a significant departure from purely decentralized offerings. - Traditional credit card usage: ~1/6 of global population - DeFi lending usage: <2% of blockchain users - Key observation: While DeFi lending adoption remains low, wallet usage is universal among crypto users The trend suggests DeFi protocols are adapting to meet users where they are, integrating familiar financial tools with blockchain technology. This hybrid approach could bridge the gap between traditional finance and DeFi adoption. *The key to DeFi growth may lie in bringing native credit solutions directly to users' wallets.*
ZeroLend Announces Imminent Launch of Bera Vault with Multiple Partners
ZeroLend is preparing to launch their anticipated Bera vault and markets this week, following some delays due to extensive collaboration with multiple partners. The project involves cooperation with **Euler Finance**, **BeraBorrow**, **MoneyGoesBurr**, and **eOracle Network**. The launch is part of ZeroLend's expansion into the Berachain ecosystem, featuring a specialized *Berachain Prime Vault*. This initiative includes partnerships with four major ecosystem projects, one of which is a lending platform that recently achieved $1 billion in TVL.