# Pre-Deposit Vaults and Whitelists

Before the protocol goes live, there will be three seperate pre-deposit vaults in which users can deposit $BERA, which will be used to bake `$BREAD`. Each vault depositor receives the same baking price as fellow vault depositors, and each vault mints in a separate tranche, sequentially.

This means that:

* The first vault bakes first and gets the best price, the second and third vaults mint in their own respective order
* After the pre-deposit vaults have baked, public baking becomes live
* All depositors in the same vaults get the same price, and baking via a pre-deposit vault eliminates the risk of being frontrun

## Vault tiers and whitelist criteria

### Senior baker vault

* Who can deposit? Addresses that meet any of the following criteria:
  * Own `69` `$xKDK` or more
  * Stake `6900` `$YEET` or more
  * Liquidity Trifecta Vault depositors with `69` `$TRI-YEET` or more
* Is there a cap? `1690` `$BERA` per address, and `269,000` `$BERA` total

### Junior baker vault

* Who can deposit? Addresses that meet any of the following criteria:
  * Own `0.69` $gOHM or more (any chain, and includes stakers)
  * Own `169,000` `$BM` or more
  * whitelisted partner communities
* Is there a cap? `1169` `$BERA` per address, and `269,000` `$BERA` total 

### Missoor vault

* Who can deposit? Addresses that were whitelisted for Senior and Junior vaults but did not manage to depoit
* Is there a cap? `1690` `$BERA` per address, and `69,420` `$BERA` total

### Public baker vault

* Who can deposit: Anyone, this vault is public
* Is there a cap? None per address, but `169,000` `$BERA` total in vault

{% hint style="info" %}
The BakerDAO treasury has the ability to bake a maximum of 6900 $BREAD at the initial price with no fees. This will be used to seed liquidity in the $BREAD/$OHM liquidity pool, and for future incentives
{% endhint %}


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