LiquidBeraBTC and LiquidBeraETH Vaults Launch Reward Program on Berachain
LiquidBeraBTC and LiquidBeraETH Vaults Launch Reward Program on Berachain
馃嵂 Honey-Sweet Vault Rewards
LiquidBeraBTC and LiquidBeraETH vaults are implementing a new reward system through Berachain's Proof of Liquidity:
- Automatic rewards for vault depositors begin this week
- Rewards sourced from weETH and eBTC liquidity pools
- 2% management fee introduced April 2nd
- Fee proceeds used to bribe pools and generate user rewards
- Expected returns to exceed fee costs
Vault features:
- Multiple reward streams (Berachain, KodiakFi, Dolomite.io)
- Auto-compounding yields
- 90-day lock period post mainnet launch
- Supports deposits in weETH, WETH, stETH, eBTC, wBTC, cbBTC, LBT
The LiquidBeraBTC and LiquidBeraETH vaults will starting earning rewards this week by tapping into Proof of Liquidity on @berachain! No action needed from Vault depositors, you鈥檒l automatically start accruing rewards. Details 馃憞
EigenLayer Introduces Slashing Mechanism for Restaking
EigenLayer is implementing a slashing mechanism for its restaking protocol. Key updates: - No immediate slashing risk for eETH users; explicit opt-in required - Implementation includes: * Deep-dive risk analysis for each AVS * 14-day community review period * Advance notice through multiple channels Slashing mechanics: - Not automatic - Risk isolated to individual operator stakes - AVS-specific slashing logic - Careful operator monitoring Chaos Labs is conducting security analysis to enhance risk controls. [Full details](https://governance.ether.fi/t/chaos-labs-eigenlayer-eeth-security-upgrade-risk-analysis/2906)
Uniswap Launches weETH Incentives Program on Unichain
Uniswap has activated weETH incentives on Unichain, offering $20,000 in daily UNI tokens to weETH depositors. This initiative is part of a broader 3-month campaign by Gauntlet to enhance liquidity across Unichain. Key details: - Program launched April 15, 2025 - Daily rewards: $20,000 in UNI tokens - Duration: 3 months - Covers 12 key pools - Rewards distributed through Merkl Depositors can participate via the [Uniswap pool interface](https://app.uniswap.org/explore/pools/unichain)
Babylon Claims Site Relaunched - Wallet Relinking Required
The Babylon claims site has been relaunched with allocation fixes for eBTC holders. **Important updates**: - All users must relink their wallets, even if previously connected - Connect Ethereum wallet that interacted with Ether.fi first - Connect Babylon-compatible Cosmos wallet to receive $BABY tokens - 90-day claim period starting April 10th, 2025 - New genesis wallets face 24-hour waiting period **Distribution details**: - LBTC & eBTC earn points at 1:1 ratio - eBTC qualifies for 33% of Lombard Finance $BABY allocation - Minimum cutoff: 29 $BABY - Tokens distributed in daily batches [Check eligibility here](https://claim.ether.fi)
weETH Now Available as Full Collateral on SparkLend
SparkLend has expanded weETH functionality beyond stablecoin borrowing. Users can now: - Use weETH as full collateral (no longer in isolation mode) - Borrow stablecoins, ETH, and other supported assets - Access increased borrowing capacity at scale The update follows a MakerDAO approved proposal, enabling broader lending options with transparent rates on the SparkLend platform. Visit app.spark.fi/borrow to start using weETH as collateral.