Theo Network x ConcreteXYZ Vault Deposit

DeFi Task
15
Theo Network is launching thUSD, a gold-driven yield-bearing stablecoin (Delta neutral), and partnering with ConcreteXYZ for a vault deposit event. The thUSD Vault pre-deposit is now open with a $100 million limit and requires a 6-week lock-up. Supported assets include USDC and thBILL across Ethereum and Arbitrum. Interest income comes from thGOLD loan yields and the spread between spot and futures gold (historical internal testing reached ~8.3% APR). Participants may also earn Theo and Concrete project points alongside APR yields.

Source Bloggers

spark (mainnet arc)SRoute 2 FIR
Created At

(UTC+0) 2026/03/10 02:41

Updated At

(UTC+0) 2026/03/10 16:47

Deadline

Not specified

Expected Reward
1thUSD deposit APR yield (receive deposit + accrued yield at the end), potential Theo and Concrete project points
Requirements
  • 1Monitor the launch of Theo Network and ConcreteXYZ products.
  • 2Pre-deposit into the thUSD Vault using USDC or thBILL (supported on Ethereum and Arbitrum; Stable for thBILL only).
  • 3Lock up deposits for 6 weeks, subject to a $100 million total limit on a first-come, first-served basis.
  • 4Receive thUSD at the end of the lock-up period, which equals your deposit plus all accrued yield.