한국어 버전은 여기서 확인하세요 👉🏻 https://status-im.notion.site/status-network-pre-deposit-kr

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.

What is Status Network?

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:

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 every stablecoin on 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.

Why Pre-Deposit

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