Strata is a DeFi protocol that offers structured yield on Ethena’s USDe by splitting risk and rewards into tokenized Senior (srUSDe) and Junior (jrUSDe) tranches. It lets users choose conservative or higher‑risk exposure while keeping assets liquid and composable across DeFi. Built by Frontera Labs and launched in 2025, Strata aims to make on‑chain risk pricing transparent and market‑driven.
Strata launches Season 1: Epoch 2.
This epoch will end with the $STRATA TGE.
Early users from Epoch 1 receive boosted rewards.
Multipliers remain active: up to 60x Strata Points and up to 35x Ethena Points.
Longer participation yields more points and potentially larger rewards.
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