Strata Season 1

Season 1 kicks off with Strata’s mainnet protocol launch on October 13th, 2025.

Strata Public Mainnet and Season 1 officially launch on Monday, October 13th at 12:00 UTC. This milestone marks a major step forward, marking the transition from the pre-deposit phase to full protocol launch. To support the debut of our first structured yield products built on Ethena USDe, Strata is introducing a new season in its Points Program: Season 1.

Strata Senior USDe (srUSDe)

• srUSDe holders earn 30x Strata Points and 30x Ethena Points.

• srUSDe is fully composable ERC-20 token that can be further used across the DeFi ecosystem to maximize the rewards (up to 60x multiplier on Pendle, Euler, Morpho and more).

Strata Junior USDe (jrUSDe)

• jrUSDe holders earn 10x Strata Points and 5x Ethena Points.

• jrUSDe is fully composable ERC-20 token that can be further used across the DeFi ecosystem to maximize the rewards (up to 20x multiplier on Pendle, Euler, Morpho and more).

How it works

Users can deposit USDe/sUSDe/pUSDe into the Strata Protocol on Ethereum Mainnet to mint srUSDe and/or jrUSDe and start accruing Strata and Ethena Points along with the underlying yield.

1. Buy srUSDe and/or jrUSDe with pUSDe, USDe and sUSDe Use the Strata app to buy srUSDe and jrUSDe. Users can also swap in with other assets on DEXs.

2. Earn Points Daily User deposits will be tracked and rewarded with Strata Points and other rewards daily.

3. Maximize Your Rewards The longer you hold srUSDe and jrUSDe, the bigger your rewards, with even greater rewards when you use it across partner protocols in the DeFi ecosystem.

4. Referral Program Invite friends with your referral link and boost your rewards.

Please refer to the Strata app for the latest integrations and associated points multipliers, as Strata continues to add more partners across the DeFi ecosystem.