Add Incentive Token $POLLEN onto Smilee - NECT | wgBERA (BurrBear) Reward Vault

Reward Vaults
1

Purpose of the amendment

To add Pollen, the Beraborrow governance token as the third incentive token onto the Smilee - NECT | wgBERA rewards vault.

Important to note: Currently incentives on this RV are primariliy denominated in wgBERA and BERA. The Plan is to now add a third incentive token to maintain a strong bribing flow from both parties.

Token Details

Provide the following details for each token in the contract (up to 5):

  • Name: POLLEN
  • Symbol: POLLEN
  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address: 0xc99e948e9d183848a6c4f5e6c1d225f02f171d79
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.) What is POLLEN? | Beraborrow
  • Identify any address(es) controlling more than 10% (address / type: team, foundation, investor, etc.): POLLEN HOLDERS - Google Sheets
  • Does the project issuing the token have any relationship with current Berachain validators? Yes
  • If yes, which one?: Infrared, THJ, Kodiak, Smilee, apDAO, Validation Cloud.
  • Total Supply Cap (if any): 420,000,000
  • Circulating Supply: 84.01M POLLEN
  • Token Type: Governance

Provide extra details

  • POLLEN is the Beraborrow governance token, enabling active participation in the protocols governance and liquidity incentives.
  • It serves as a way for the protocol to utliise Proof of Liquidity to further the adoption of NECT, without having to create a new rewards vault for every NECT (our stablecoin) use case.
  • POLLEN is a means to increase exposure to Berachain governance through the utility of the Beraborrow protocol.
  • Creating a flywheel where more NECT utility enables more users to use Beraborrow for leverage, thus increasing total interest rates/fees to the Rewards Vault meaning more value can be passed through to incentivise liquidity. And the flywheel repeats.
  • Are token contracts upgradable?: NO
  • Token Control: Permissionless
  • Is the token contract verified? Yes
  • Is the token a standard ERC20 or any functions have been customized?: Standard ERC20
  • Can the token be paused? No

Adding $POLLEN as Third Incentive Token for Smilee - NECT | wgBERA Reward Vault will ensure a steady bribing flow that will ensure a steady BGT APR for our end users.

The incentive manager address will be the same as BERA one (Beraborrow). Below you can find the wallet address:

0x0907f733BF15f62c71ABE65C71b3A8BCaEe64275

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