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The Defiant 2024-12-26 22:15:48

StakeStone’s Berachain Vault TVL Surpasses $130 Million in 24 Hours

StakeStone, an omnichain liquidity protocol, launched an incentivized Berachain vault built with Royco on Dec 25, and over $130 million has poured in since. The vault is one of two incentivized pre-deposit vaults launched as a part of Berachain’s “69 hours of Beramas” initiative. Depositors are set to earn rewards such as airdrops and staking incentives from StakeStone and Berachain, plus Berachain ecosystem project rewards from Boyco, which is Royco’s Berachain implementation, KodiakFi and Dolomite . In addition to the StakeStone vault, Beramas also includes a vault through Lombard and its Bitcoin-specific vault . The StakeStone vault has attracted more than double the deposits of Lombard’s, which holds $62 million. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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