General (non-BEX) RFRV
Reward Vault Request for Wasabee/Aquabera/HoneypotFinance WETH-WBERA-dynamic-ALM-Vault
Summary of RFRV Criteria
- Deployed Contract: Must already be live.
- Deployed Tokens: Must have the incentive tokens live.
- Economic Value: Show significant TVL, trading volume potential, or strategic benefit.
- Security: Use standard or audited contracts; tokens must be reputable.
- Decentralization: Each token in the pair must show sufficient decentralization.
- Transparency: Team/project info, audits, and open communication.
- Synergy: Integrate with or benefit the broader Berachain ecosystem.
- Community Support: Demonstrate genuine interest/demand.
- Operational Safety: Clear ownership, upgradeability details, and compliance considerations.
- Pair with a Major (Recommended for DEX pools): Major tokens are BERA, HONEY, BYUSD, USDC, wETH, and wBTC.
- Verification: The proposer should be affiliated with the protocol or at least one of the tokens in the contract
1. Proposer Details
- Email: partnership@wasabee.xyz
- Proposer’s project name: Wasabee
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): https://x.com/WasabeeFi
- Best Telegram Handle for questions/fixes: @lisaxxx1020
The proposer should be affiliated with the protocol or at least one of the tokens in the contract.
For example, if the contract is a $EXAMPLE / $BERA pool on XYZ DEX, the proposer should be affiliated with the protocol (XYZ DEX) or one of the tokens in the pool (in this case, $EXAMPLE).
- Affiliation (protocol / one of the tokens in the contract):
- Protocol/DEX
- Protocol Details
- Protocol Name (Example: XYZ DEX):
- Wasabee
- Protocol Type (DEX/Lending/Staking/Derivatives/Other):
- DEX
- Protocol X profile link:
- Protocol docs link:
- Protocol audit links (multiple links):
- Does the protocol have any relationship with current Berachain validators? no
- Contract/Pool Details
- Contract Name:
- DEX pool: AlgebraPool(wETH-wBERA)
- ALM Vault: ICHI Vault Liquidity(IV-WASABEE-2-WETH-WBERA)
- Contract Address:
- 0x1b6387AF470E5C66F6fEb4F9656f28d3Cc70069a
- 0xec06041013b3a97c58b9ab61eae9079bc594eda3
- Contract Type / Configuration:
- Modular concentrated AMM Pool with dynamic fees + automated liquidity management
- Describe how the contract works:
- An ETH single-side deposit vault, actively paired with BERA, with high exposure farming on the wETH-BERA pair at Wasabee DEX and a goal of buying more BERA over time.
- Contract Fees:
- Wasabee DEX charges a dynamic fee from 0.3% to 2% based on the volatility. LP share 9/10 and Wasabee DEX share 1/10.
- AquaBera Vault charges a fee of 10% of the fee collected by ALM.
- Existing Liquidity / TVL: current liquidity and volume stats (if applicable).
- Currently TVL: 272.12k USD value of WETH and WBERA
- Currently Volume(24H):
- Identify any address(es) controlling more than 10% of the contract shares
- No
- Is the contract upgradable?
- No
- Contract Control:
- multi-sign
- Additional details on Contract Control:
- Is the contract verified?
- yes
- Can the contract be paused?
- No
- Does the contract rely on oracles?
- No
4. Token Details
Provide the following details for each token in the contract (up to 5):
For Major Tokens:
Token 1:
- Name: Wrapped Ethereum
- Symbol: WETH
Token 2:
- Name: Berachain
- Symbol: BERA
5. Token / Project Background / Incentive Token Whitelist
Only two 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 Token:
- Name: Berachain
- Symbol: BERA
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time.
- 50% of this specific trading fee the Wasabee collected in BERA will be redirected as incentives for this Reward Vault before HPOT&Wasabee TGE.
- Plus, the BERA from RFA of HPOT&Wasabee will contribute to all vaults which have been approved for over 12 months based on the trading volume.
- up to 5,000 BERA per week for at least the first 6 months.
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
- Multi-sig
- Incentive Manager address:
- 0xF636EdBB56c877024c4666d41d6e50638Df46Fcc
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
- How will this contract benefit Berachain?
- This contract will offer a more capital-efficient liquidity solution for the existing BERA-WETH pool on Wasabee with a dynamic fee incentivized by trading volume. It always selects the most favourable fee rate and position range for LP without user intervention. When volatility is high, it uses high rates and wider ranges, while when volatility is low, it uses more efficient narrow ranges and low rates. The APR on the mainnet has always been higher than other platforms with the same pair.
- The vault strategy is an ETH single-side deposit, it benefits new users who are moving to Berachain from any other EVM ecosystem. The strategy will slowly adjust their ETH position to buy more BERA and actively farm to subsidize IL from ETH appreciation or BERA depreciation(if that’s the case).
- Wasabee, Honeypot Finance and the Aquabera team will monitor the strategy performance and adjust the most suitable strategy that makes the best trade-off of the APY and IL risks.
- Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
- BERA
- Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
- Yes, this contract will ensure deep, capital-efficient liquidity for major assets on Berachain (BERA and WETH) at the underlayer.
- It will become a channel to attract ETH holders to switch to BERA holders.
- The pool is already integrated with Aquabera(ALM)/BeraTrax(Yield Aggregator)/HPOT(launchpad)/Holdstation(Aggregator)/…
Potential Volume / TVL:
- Provide metrics or estimates on the liquidity you expect to attract.
- We expect to attract a 10% portion of the liquidity from the same pool on BeraSwap, as well as net new liquidity providers due to the incentives we, HoneypotFinance, and Aquabera provide. Which is about $10+m.
- Since the pool will be a modular concentrated liquidity pool with dynamic fees that provide high APY, we expect to capture part of the volume from the same pair ($5+m in daily volume).
- Highlight any known liquidity commitments. (If you or your partners plan to seed the contract, provide proof of funds or a statement of intent.)
- Seed first 200k liquidity for meeting the requirement of RFRV. Wasabee, Honeypot.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
- Yes, the LP token will be integrated with Rootsfi, as collateral
- will be integrated with Infrared.
- will be integrated into Beefy, the dynamic vault.
- will be integrated into Beratrax, the yield aggregator.
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity?
- Yes, this reward vault will also be integrated/supported by Infrared for those who want to stake their LP tokens with Infrared.
- HPOT/Aquabera/Beratrax will help with the incentive and host a marketing campaign together.
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.)
- This reward vault will be one of Wasabee’s flagship vaults that grow into being the deepest, most capital-efficient and in-range liquidity pool for two major assets (BERA and WETH).
- This reward vault will become the primary way for anyone carrying ETH assets to switch to the BERA base.
7. Verification
Please post the following text with the provided X account:
“Submitted Reward Vault Request for [Contract Name] on protocol [Protocol Name] with incentive tokens [incentive token 1], [incentive token 2]”
Insert post link
Final Reminder
A successful RFRV hinges on demonstrating:
- Security: Low smart contract and token risk.
- Demand: Community and liquidity providers want this pair.
- Ecosystem Benefit: Increases volume, TVL, or strategic positioning for Berachain.
Make sure to cover these points clearly to maximize your chances of passing the governance vote / RFRV!
