# BEND RFRV - Winnie HONEY Vault

Reward Vaults
1

Winnie is a professional DeFi yield optimization platform specializing in curated vault strategies. We deploy institutional-grade risk management and automated rebalancing to maximize risk-adjusted returns for our users. Our HONEY Vault on Bend represents our commitment to bringing sophisticated yield strategies to Berachain’s native lending markets.

1. Proposer Details

  • Proposer’s project name: Winnie
  • Proposer’s email: winnie@stakelab.zone
  • Proposer’s X account: https://x.com/winnieswap
  • Best Telegram Handle for questions/fixes: @zdeadex

2. Protocol Details

3. Reward Vault and Staking Token Details

  • Vault Name: Winnie HONEY Vault
  • Reward Vault Address: 0x456c957454dCF68F75af885905Faaac35C14EeCe
  • Logo URL: Vault Image 1024x1024 and non-transparent: XXXXXXX
  • Staking Token Address: 0x456c957454dCF68F75af885905Faaac35C14EeCe (MetaMorpho vault token)
  • Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply: XXXXXXX
  • Is the Staking Token located on BEX? No
  • Specify the protocol where the Staking Token is located: Bend (MetaMorpho)
  • Link to where the Staking Token is located: Not public until launch
  • Existing Liquidity / TVL (if it is a DEX pool the TVL should be at least $50K in a major ecosystem asset):
  • Initial TVL target: $200k - $5m
  • Vault will be seeded by Winnie and strategic partners. Both Winnie and Berachain network of liquid funds and whales will be notified of vault launch
  • Describe how a user should acquire this staking token:
    • Deposit HONEY into the Winnie HONEY Vault on Bend
    • Receive vault tokens representing their share of the curated lending strategy
    • Vault tokens can be staked in the Reward Vault for additional BGT emissions
  • Reward Duration Manager address: [To be deployed - Winnie multisig: 0xe1787310e3ee97C2148752e0A309542CB7344f00]

4. Tokens Information

For each token in the pool/staking token, please provide

  • Name: Honey
  • Symbol: HONEY
  • Token Contract Addresses (on Berachain and bridging addresses if cross-chain): 0xFCBD14DC51f0A4d49d5E53C2E0950e0bC26d0Dce

Collateral Assets in Vault Strategy

The vault allocates HONEY across multiple Morpho Blue markets with the following collateral assets:

  • sUSDe - Stablecoin-derivative backing with strong yield potential
  • WBTC - Bitcoin-backed, deep liquidity, battle-tested collateral
  • WETH - Ethereum-backed, institutional-grade asset
  • WBERA - Wrapped Berachain, native token

5. Incentive Tokens

Only up to three tokens can be whitelisted for use as incentives in a Reward Vault. Indicate which tokens will be used and provide all relevant information below.

Required Data for Incentive Tokens:

  • Name: Honey
  • Symbol: HONEY

Additional Requirements:

  • Specify how many tokens per week you plan to allocate for incentives: TBD per liquidity provided
  • Winnie, partners and Berachain Foundation will work to get BGT emissions to such vault. Target allocation to be determined in coordination with Berachain foundation
  • Multisig governance (3/4 Winnie Multisig: 0xe1787310e3ee97C2148752e0A309542CB7344f00). Decisions made in coordination between Winnie and Berachain foundation for BGT emissions
  • Incentive Manager address (this address will manage the incentive token, being able to add incentive tokens to the reward vault and change the incentive rate): 0xe1787310e3ee97C2148752e0A309542CB7344f00 (Winnie 3/4 Multisig)

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

How will this contract benefit Berachain?
The Winnie HONEY Vault extends PoL emissions to curated lending strategies on Bend, creating a new category of yield optimization for Berachain users. By providing professional risk management and automated rebalancing, the vault makes sophisticated yield strategies accessible to all users while maintaining institutional-grade safety standards. This diversifies how liquidity providers can contribute to the network and creates a more robust base for BGT distribution.

The vault’s conservative asset selection (sUSDe, WBTC, WETH) and 10% idle liquidity buffer ensure reliable operations while maximizing yield through automated allocation optimization. This professional infrastructure attracts institutional capital and demonstrates Berachain’s maturity as a DeFi ecosystem.

Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
Yes. The Winnie HONEY Vault will attract significant HONEY deposits through professional curation and automated optimization, provide deep liquidity for HONEY lending markets on Bend, enable efficient capital deployment across multiple collateral markets (sUSDe, WBTC, WETH), and maintain 10% idle buffer for instant withdrawals. Target mid-term: $5M-$20M TVL, contributing meaningfully to HONEY liquidity depth.

Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
The vault integrates with multiple Berachain ecosystem components:

  • Bend Protocol: Native lending market integration
  • Morpho Blue Markets: Allocation across sUSDe, WBTC, and WETH collateral markets
  • Future Integrations: Plans for swBERA and iBGT markets demonstrate commitment to liquid staking derivatives
  • Yield Aggregators: Potential partnerships post-launch to expand ecosystem connectivity

The vault’s automated monitoring and rebalancing infrastructure (24/7 operations with 5-minute check intervals) ensures reliable integration with all ecosystem components.

Potential Volume / TVL:

Provide metrics or estimates on liquidity you expect to attract:

  • Target TVL: $1M - $5M for the HONEY vault (mid-term: $5M-$20M)
  • Bend Overall: >$20M TVL in mid term
  • Growth Strategy: Professional curation and automated optimization will attract both retail and institutional capital

Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.):

  • Winnie will seed initial liquidity
  • Strategic partners and Berachain network of liquid funds will be actively targeted
  • Both Winnie and Berachain will promote the vault launch to bootstrap liquidity
  • Professional operations infrastructure (24/7 monitoring, automated rebalancing) ensures sustainable growth

Synergies with Other Protocols:

Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?

  • Liquid Staking Derivatives: Plans to launch markets for swBERA and iBGT tokens, demonstrating commitment to expanding Berachain’s liquid staking ecosystem
  • Yield Aggregators & Lending Markets: Potential partnerships planned post-launch. Vault tokens can be integrated into other DeFi protocols
  • Cross-Protocol Integration: MetaMorpho vault structure enables composability with other DeFi protocols. Vault tokens represent share of curated strategy, enabling secondary market development

Marketing / Promotion:

Are there plans to co-market with another project to bootstrap liquidity?
Yes. The Winnie HONEY Vault will be actively promoted by Winnie (professional marketing through established channels and distribution on desktop and mobile), Berachain Foundation (coordination on BGT emissions and ecosystem promotion), and Strategic Partners (joint marketing efforts). Professional operations with 24/7 monitoring and transparent on-chain execution build trust and organic growth.

Long-Term Vision:

How could this reward vault evolve over time? (E.g., eventually becoming a core liquidity pair or a major stable pool for the chain.)

  • Short-term (0-3 months): Establish as the premier curated HONEY lending vault on Berachain, reach > $1M TVL target, demonstrate reliability through automated operations
  • Mid-term (3-12 months): Expand to become the deepest liquidity source for HONEY borrowing, integrate additional collateral markets as Bend expands, launch swBERA and iBGT markets, develop partnerships with yield aggregators
  • Long-term (12+ months): Become a core infrastructure component for HONEY yield optimization, enable secondary markets for vault tokens, expand to additional asset vaults (WETH, WBERA) using proven infrastructure, serve as a model for professional vault curation on Berachain

Governance Evolution:

  • Current: 3/4 Winnie Multisig with 3-day timelock for critical changes
  • Future: Potential for Sentinel role (ecosystem partner) to enhance decentralization
  • Transparent on-chain execution enables community trust and growth

7. Safety & Risk Management

Conservative Asset Selection:

  • Exclusively allocates to markets backed by established, liquid collateral (sUSDe, WBTC, WETH)
  • No exotic or experimental tokens
  • Only assets with reliable oracle price feeds

Risk Mitigation:

  • Collateral liquidation risk: Conservative LLTVs (77-91.5%)
  • Market pause risk: Automated detection and queue reordering
  • Withdrawal liquidity risk: 10% idle buffer always maintained
  • Threshold-based reallocation: Prevents over-trading while maintaining targets

Governance Security:

  • Multi-role governance: Owner, Curator, Allocator, and Sentinel roles
  • 3-day timelock: Protects critical governance actions (market caps, enabling/disabling markets, role assignments)
  • Transparent operations: All rebalancing visible on-chain
  • 24/7 monitoring: Automated infrastructure with 5-minute check intervals

Technical Infrastructure:

  • Professional operations with dedicated allocator infrastructure
  • Automated monitoring and alert system for anomalies
  • Smart rebalancing prevents over-trading
  • Hysteresis prevents unnecessary transactions

8. Verification

Please post the following text with the provided X account:

“Submitted Reward Vault Request for Winnie HONEY Vault on protocol BEND with incentive tokens HONEY”

  • All marketing activities will start after the BEND frontend integration.

9. Vault Technical Details

Vault Address: 0x456c957454dCF68F75af885905Faaac35C14EeCe
Asset: HONEY
Protocol: Morpho Blue (Bend)
Chain: Berachain
Vault Type: MetaMorpho (curated lending strategy)

Governance Structure:

Role Address Responsibility
Owner & Curator 3/4 Winnie Multisig (0xe1787310e3ee97C2148752e0A309542CB7344f00) Vault parameters, role assignments, emergency powers, market cap management, market enabling/disabling
Allocator Automated Bot EOA Rebalancing execution, market allocation optimization
Sentinel [Ecosystem Partner - TBD] Guardian role for security - veto power on critical changes

Timelock: 3-day timelock protects critical governance actions. Users have time to exit, the Sentinel can veto malicious changes, and the community can review all proposals before execution.

Curated by Winnie - Safe, Optimized, Automated