Concrete Bitcoin Bera Vault:

The Berachain Boyco Pre-Deposit Vault is an early opportunity for $LBTC and $wBTC users to start earning Berachain incentives in the lead up to Mainnet launch.

In addition to LBTC’s future native yield, users will earn the max multiplier of Lombard Lux, Concrete Bags, as well as Babylon points and Berachain partner protocol incentives.

What is the LBTC Pre-Deposit Vault?

This Pre-Deposit Vault, powered by Concrete, allows users to deposit their LBTC ahead of the Berachain Mainnet launch to maximize yield across the Bera DeFi ecosystem.

Upon launch, the Concrete Bitcoin Bera Vault will utilize LBTC across a variety of strategies utilizing Dolomite, Kodiak, and other partner protocols - all powered by PoL.

Why Berachain?

Berachain is a high-performance EVM-identical blockchain built on Proof-of-Liquidity (PoL) consensus.

The PoL consensus mechanism is a powerful new foundation for DeFi, and we are excited to power the best yields for LBTC users through Concrete.

Unlocking LBTC on Berachain

• Early Participation Rewards: Exclusive incentives for users who pre-deposit their LBTC.

• Simplifying LBTC on Berachain: Upon Mainnet launch, Concrete Earn Vaults will automate yield strategies for depositors across Berachain.

• Powering PoL: Concrete’s Earn Vault will unlock new yield streams for LBTC users through Proof of Liquidity.

This collaboration brings together three leading forces in the DeFi space:

• Lombard: Provides the most secure way to use Bitcoin across DeFi with LBTC.

• Concrete: powering the highest yields and unlocking new derivatives for any on-chain asset.

• Berachain: Providing a novel new foundation for DeFi through Proof of Liquidity.

We’re excited to be the early gateway for LBTC yields on Berachain and to enable new growth for Bitcoin DeFi.

To learn more, follow Lombard and Concrete on X.

And join the community on Discord