Status Network Pre-Deposit Vaults: Be Early To The Gasless L2
We are thrilled to announce that the long-awaited pre-deposit vaults for Status Network are opening now!
Start earning rewards and reputation on the first fully gasless Ethereum L2 with native yield and a composable privacy layer.
Secure early access to voting power and rewards ahead of mainnet.
Before we begin, let's recap what Status Network is for those who may still be discovering the project beyond the Status messenger app and wallet.
Status Network is building the first truly gas-free Ethereum L2, powered by bridged yield and native apps fees instead of gas costs, where the community governs the distribution of a native funding pool where the L2 yield and fees are deposited.
Status Network was born after a vote from the Status community to launch an L2 project with SNT staking at its core. Built on the high-performance Linea zkEVM stack and integrated with the Status and Logos ecosystems, it’s designed to power DeFi, games, and social apps at scale, with a strong focus on privacy. Status Network will feature a native privacy layer enabling all apps deployed on the L2 to easily offer private interactions to their users.
Beyond removing gas fees and vastly improving developer and user experience, Status Network features a native funding pool governed by the community who can decide to redistribute sustainable yield from the pool to:
- Liquidity providers and vault depositors
- Builders deploying native apps and protocols
Users will be able to deposit ETH and stablecoins on Status Network. Unlike most L2s today, Status Network won't let productive assets sit idly in the bridge contract. Instead, every ETH and stablecoin (USDT, USDC, USDS) bridged to the network will be used as fuel for the Status growth flywheel. These assets will be earning yield through staking and lending on Ethereum L1. That yield will be bridged to the L2 and supplemented by fees generated by native apps on Status Network. Both the bridged yield and the L2 apps fees will be deposited into the native funding pool which will be allocated to the community through governance.
The governance token of the network is called Karma, and users get to participate in the upside by earning this non-transferable reputation and utility token. A higher Karma balance unlocks higher free transactions throughput and increases a user’s voting power over the shared yield allocation from the native funding pool.
This model fundamentally differs from the gas-fee-based business models of existing L2 networks as the goal is not to extract gas fees through volume of transactions, but to redistribute the yield produced by the core assets and activity on the L2.
Status Network pre-deposits vaults are smart contracts created with Aragon and deployed on Ethereum L1 (for SNT, ETH and stablecoins) and Linea L2 (for LINEA). They allow users to deposit tokens and start accumulating Karma on Status Network before its mainnet launch while earning extra rewards. ETH will be staked with Lido and stablecoins will be lent on Morpho, and both their yields will contribute to the initial native funding pool on Status Network. Assets deposited into the vaults will be bridged to the L2 when mainnet launches in Q1 2026, bootstrapping the network's core liquidity and privacy layer and kickstarting the native yield flywheel.
Early depositors gain exposure to:
✅ Karma, the non-transferable reputation and governance token of Status Network
✅ SNT and LINEA token incentives
✅ Native apps points from core protocols launching on mainnet
Important: this is not a mercenary farm. Participants in the pre-deposit phase will earn a significant portion of the governance power through their exposure to Karma - and their engagement will be crucial in the growth of the ecosystem as they will get to vote on the parameters which determine the allocation of the L2 native yield to liquidity providers and to apps. This is a long-term opportunity for aligned liquidity providers, liquid funds, and early builders to shape a sustainable, yield-driven network with a strong focus on privacy, and get rewarded for it.
A liquid reward pool of 15M SNT and 20M LINEA tokens will be available for predepositors across vaults. The final allocation of liquid incentives and Karma will be based on vaults TVL and time in the vaults + potential multipliers for activity on testnets v1 and v2.
SNT Vault (Ethereum L1)
- ⭐️ 25% of initial Karma supply at mainnet launch
- 🎁 Liquid incentives: LINEA tokens
- 💎 Native apps points
- 📈 SNT staked on Status L2 mainnet will initially receive 35% of weekly Karma minting
LINEA Vault (Linea L2)
- ⭐️ 10% of initial Karma at mainnet launch
- 🎁 Liquid incentives: SNT tokens
- 💎 Native apps points
- 📈 LINEA will be available as collateral to mint a native stablecoin on Status L2
ETH Vault (Ethereum L1)
- ⭐️ 20% of initial Karma at mainnet launch
- 🎁 Liquid incentives: SNT + LINEA tokens
- 💎 Native apps points
- 📈 ETH staked on Status L2 mainnet will initially receive a share of 60% of weekly Karma minting for liquidity provision
GUSD Vault (Ethereum L1)
GUSD is a new yield-generating meta-stablecoin fully backed by USDT, USDC, and USDS, created in partnership with Generic Protocol.
- ⭐️ 20% of initial Karma at mainnet launch
- 🎁 Liquid incentives: SNT + LINEA tokens
- 🪙 Generic Protocol incentives
- 💎 Native apps points
- 📈 GUSD staked on Status L2 mainnet will receive a share of 60% of weekly Karma minting, plus GUSD yield from Generic Protocol
The remaining 25% of initial Karma at mainnet launch will go to native apps.
Karma is a non-transferable ERC-20 token representing your reputation within the network and ability to influence it through governance.
Karma is designed as both a utility and governance token:
- utility: a user with higher Karma balance unlocks higher gas-free transactions throughput and will be able to create private ephemeral gasless relayers and accounts on the L2
- governance: a user with Karma can participate in the governance of Status Network, including voting on the network parameters, in particular allocation of the native funding pool and Karma incentives
Karma is earned, never bought, through providing real value to the network by:
- Staking SNT
- Bridging yield-bearing assets (ETH, GUSD, etc.)
- Providing liquidity to native apps
- Deploying and using apps on the L2
- Paying a boosting tip to the sequencer or donating to the native funding pool
At mainnet, Karma minting follows this initial schedule:
| Action | Karma Mint |
|---|---|
| SNT staking | 35 % |
| Liquidity provision & apps usage | 60 % |
| Sequencer tip & donations | 5 % |
The more liquidity and activity you bring, the more Karma you can earn, the higher your influence on Status Network and its native yield allocation.
Mainnet launches with a full suite of native DeFi protocols:
- Native DEX with yield-boosted pairs
- CDP stablecoin with minting against SNT, LINEA and core assets
- Lending markets for borrowing using core assets as collateral
- Token launchpad designed for fair pricing of utility tokens
- Privacy layer for private assets and interactions with native apps
All of those protocols will redirect part of their fees to the native funding pool, increasing the potential available funding for the whole ecosystem.
Gas fees create both friction and traceability. They still remain a bottleneck for both user and developer experience as well as for privacy and accounts anonymity. Every gas spending event exposes an account through top-up patterns and fee-market behaviour. Sequencing fees is also not a long-term good revenue model for L2s as gas price is trending to zero thanks to the ongoing scaling efforts across the Ethereum ecosystem. Relying on gas for UX, security or revenue becomes structurally weak.
Status Network’s reputation-based system with Karma-based throughput tiers allows for instant and easy onboarding without bridging ETH or setting up paymasters to pay for gas. The gasless model, combined with a native privacy layer, enables new properties that conventional L2s cannot offer:
- Ephemeral gasless accounts, bots and relayers without funding fingerprints
- Gasless automation with no top-up trail
- Delayed execution that decouples timing from funding and identity
- Low-cost cover traffic to increase anonymity sets (free transaction noise creation)
- Instant guest sessions that require no user preparation for immediate onchain use
The result is an execution environment where account creation, usage and rotation leave almost no monetary trace, enabling a substantially stronger privacy baseline for users and applications.
Be ready to secure your Karma and rewards by pre-depositing when the vaults open, and build your reputation from day one on the first truly gasless L2 blockchain.
The pre-deposit period will run from December 2025 until mainnet launches and initial Karma is distributed at mainnet launch (targeting Q1 2026).
Stay tuned for more updates from Status Network:
