Loading imageEthena Pay launches Earn+ vault on Avalanche offering 12% rewards

The vault is managed by Upshift and Steakhouse, with its strategy running on Aave v4 on Avalanche.

Wed 28 Oct 2026 · 08:08 EDT · 1 min read

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Ethena Pay launched Earn+, a feature offering 12% rewards on users’ dollars, with the vault running on Avalanche, Avalanche said on Wednesday. It is the first time higher target yields are available inside the app.

Upshift and Steakhouse manage the strategy

Eligible users deposit into a vault managed by Upshift and Steakhouse, with the strategy running on Aave v4 on Avalanche. Earn+ is available now to Pro and VIP users and will roll out to all Ethena Pay users in the coming days, Ethena Pay said.

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