General (non-BEX) RFRV for Bull Ish

General (non-BEX) RFRV

Reward Vault Request for Bull Ish

  1. Proposer Details
  • Email: ethmaxi1143@gmail.com

  • Proposer’s project name: Bullas

  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes):@TheBullas_

  • Best Telegram Handle for questions/fixes: @BeraGods

  • Affiliation (protocol / one of the tokens in the contract) Henlo, SJ here, BD and flywheel Mootard at Bullas. Ty for taking the time to read through our proposal.

  1. Protocol Details

  1. Contract/Pool Details
  • Contract Name Bull Ish V2

  • Contract Address:

  • Plugin: 0x784bb8fA1Db3413A1E98250fdce9Ddb7Eaf4BB0d

  • Vault Token: 0xdDD3Ea5De9c70973E224D938B8f392EC4CC0171C

  • Contract Type: Its a PoL Game, so it is a custom contract.

  • Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…)

  • Users spend BERA to spank a bera. This puts them on a queue and simultaneously will deposit the square root of their spank power into the berachain vault. As long as they are on the queue they are earning BGT. The queue is 300 slots, and every subsequent spank will push them along the queue. After 300 spanks they will be pushed off the queue, when they are pushed off their staking balance in the berachain reward vault is decremented by the same amount they entered with.

  • Contract Fees: Fees go to a wallet, 80% will be used as incentives for emissions to the berachain reward vault. 20% will go to the team.

  • Existing Liquidity / TVL: current liquidity and volume stats (if applicable). ~500k volume in V1:https://dune.com/bullas1/bullas-bull-ish-game

  • Not applicable.

  • Identify any address(es) controlling more than 10% of the contract shares: Not live yet, but have square root of spank power and max spank power limits to address this.

  • Is the contract upgradable?

  • No

  • Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance): controlled by Multisig

  • Additional details on Contract Control

  • Is the contract verified?: Yes

  • Can the contract be paused?: Yes

  • Does the contract rely on oracles?:No

    • (If yes, explain oracle dependency)

4. Token Details

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

For Major Tokens:
  • Name:BERA
  • Symbol:BERA
For Non-Major Tokens:
  • Name
  • Symbol
  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)
  • Does the project issuing the token have any relationship with current Berachain validators?
  • If yes, which one?
  • Total Supply Cap (if any)
  • Circulating Supply
  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other)
  • Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)
  • Are token contracts upgradable?
  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
  • Additional details on Token Control
  • Is the token contract verified?
  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
    (If custom, provide a link to an audit.)
  • Can the token be paused?

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:BERA
  • Symbol:BERA
  • (if the name and symbol match one of the tokens already provided or a major token, skip the next steps)
  • Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)
  • Does the project issuing the token have any relationship with current Berachain validators?
  • Total Supply Cap (if any) and Circulating Supply
  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, Other)
  • If either token is a native stablecoin, LST, or governance token, provide extra details on Use case, Redemption mechanics, Peg stability
  • Are token contracts upgradable?
  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
  • Additional details on Token Control
  • Is the token contract verified?
  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
    (If custom, provide a link to an audit.)
  • Can the token be paused?

Additional Requirements:

  • Specify how many tokens per week you plan to allocate for incentives: depends on the volume of Bull Ish V2
  • Specify for how many weeks you plan to allocate incentives: as long as V2 runs so as long as people have fun and we don’t need to make upgrades there is no need to stop the game or stop bribing
  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.): multi-sig
  • 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):
  • 0x2b6662e3d09efE0E17A46F68eb073F2fD58c53Fa

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?
  • Bull Ish V2 provides an easy entry into the world of PoL. Providing liquidity is hard, spanking ass is easy. We want to bring more people into Berachain (by partnering with e.g. Galactic Geckos and other Solana communities) and offer them a one klick solution to earn their first BGT. Bull Ish V2 will bring fun for the players and big volume to the bribe market. Transactions gud for the chain, Bull Ish V1 created 3M+ transactions so far, V2 should deliver even better numbas. Our V1 showed that people love playing this game but we need PoL to take it to another level. Bull Ish should get whitelisted cause it creates tons of transactions (gas fee revenue), onboards new people to the chain (thanks to incentivized collabs with e.g. Solana NFT communities) and creates an easy way to interact with PoL. All BGT will go to the players and we‘ll create educational material about its utility to minimize sell pressure from our community. Tldr: we onboard new people and show them how to boost etc + we add value to BGT as we plan to bribe large amounts of Bera at a higher rate per BGT than everyone else which leads to higher yield for boosted BGT.
  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?: BERA is the game currency so game volume will lead to more volume for BERA → more fees for liquidity providers → deeper liquidity for BERA
  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?: No

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract.:
  • probably $100k-200k on day one and then up only as long as the return on bribes is gud. Berachain bribe market can absorb this size and makes our game EV+ to play so volume should moon hard
  • Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.):

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? We have a line of contact with BeraPaw and Infrared, talks with BGTmarket so yes, at some point this contract will probably feed into liquid staking derivates for BGT

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity?:
  • We‘ll ask all our partners to support. (70+ channels in our partnership discord)

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.):
  • It will play a big role in onboarding more people to Berachain and PoL. We plan to involve communities from Solana, Eth, Tia and Bitcoin to play Bull Ish and hold their hand navigating PoL. We‘ll create educational videos on how to use the BGT earned from playing so they understand the value it has and are more likely to hold. Bull Ish and our Vase Subvalidator work well together as we attract the attention and delegations from people on other chains. We can offer great yield with the SV and when people dig into PoL to understand why Vase LSTs give so much more yield than all other LSTs, Bull Ish V2 offers them a 1 click solution to get their first BGT.

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:

  1. Security: Low smart contract and token risk.
  2. Demand: Community and liquidity providers want this pair.
  3. 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!

15 Likes

Bull ish is what berachain is all about, defi under the hood of a fun game. See community presence expanding into other chains as well.

6 Likes

Bullas’ game might not seem very “useful” at first glance, but if you see through it and apply a good strategy, you can get some crazy stuff — I’m bullish, especially now that this request has been initiated.

4 Likes

one of the best multi-level flywheels, definitely deserves a chance to be a player in the BGT game!

2 Likes

This is going to be great! Super bullish on the Bullas! Fly wheels fly wheeling!

2 Likes

Bullas IS THE community on Berachain. They are crazy, sexy, marvellous. Thats it.

1 Like

great, I think they know what exactly to do :heart_eyes:

1 Like

Bullas is a filthy skem

2 Likes

Bullish on Bullas LFGGGGGGGGG

1 Like

gamification is the way to onboard people, paired with a finance strategy you got what Berachain is made for.
Bull Ish

1 Like

gamification, usage of multiple Dapps of the eco (beradrome, beraborrow, smilee, and of course berachain) great marketing, huge way to unboard people (imagine slapping some ass for BGT) i think Bullas should definitely get their vault accepted.

1 Like

good skem. best skem. reward vault worthy skem. Let the BGT Flow to the spankers

1 Like

Approval worthy.

I’m BlesdBera, and I approve this message.

1 Like

This is a really interesting defi / gamify primitive. it’s the perfect kind of experiment to play with PoL.

1 Like

Thanks for the proposal team.

There’s lots of great engagement from the community, so congratulations on the traction to date.
With that being said, the proposal itself is lacking a fair bit of information, including some degree of firm commitment around incentives being committed and the timeframe of said commitment.
Is the new contract live? If so, how many users / holders are there? Can you explain how the spank power limits will avoid centralization or overdominance of the contract shares?

Please note that the following feedback doesn’t represent the opinions of the BGT Foundation.
It is contextual feedback from the Bera ecosystem team with respect to publicly stated guidelines.

With the following changes implemented, this application should be a better candidate for a Reward Vault.

3 Likes

Bull ish it’s a queue with 300 slots

at anytime anyone with a bullas nft can enter that queue by paying 0.69 BERA

wen they enter the queue their power (sqrt(1 + moolaPerSecond)) gets deposited for them in the berachain vault.

wen they get kicked off that amount gets withdrawn for them from the berachain reward vault.

the velocity of the queue will be pretty quick so ppl will be getting in and getting kicked out constantly. They need to keep playing and paying BERA to stay in the queue and earn BGT.

All that BERA being spent is revenue and 80% of it will be used as incentives on the berachain reward vault. So game revenue is directly connected with rewards.

Is very difficult to dominate the queue, cause ppl an easily kick you off of it. And now that power is limited (Team can cap maxSpankPower) and we’re using quadratic spanking (sqrt stuff) peoples power will never get out of control and easily dominate the queue

Here are the stats of Bull Ish V2 that went live 2 days ago:
https://dune.com/bullas1/bull-ish-v2

Speciafically in v1

From 13 Feb until 02 Apr Bullish v1 autobribed beradrome with $310,674

$44,000 on average per week in bribes.

Ref. https://dune.com/bullas1/bullas-bull-ish-game

The limit on Spank Power doesn’t prevent decentralization because anyone can make 300 Spanks and have 100% BGT share. Additionally, controlling the max Spank Power by the Bullas team prevents gamification. The current max Spank Power set to 10 can be reached in 1-2 days by owning a few NFTs.

If you want to prevent someone from having the majority of BGT share, then the max Spank Power is not the solution; it should be the max breadline Spank.

1 Like

The limit on Spank Power doesn’t prevent decentralization because anyone can make 300 Spanks and have 100% BGT share

the breadline is FIFO

So ur ipothesis is if someone plays by himself.

If for example user X spank 300 times and he is alone in the breadline, he will get 100% kicked out if let’s say 6 players spank 50 times.
Even if there is one user spank 1 time he will loose hes one position.
Nobody can control the majority of the breadline unless he is playing alone.
The BGT share will be only available if is in the breadline.
I think you are confused.

The current max power is set up to 10 because we wnated everyone to start from the same starting line. If we have enough statistics that shows we can raise the max spank power we will.
Atm v2 is live for 2 days.

Everything is adaptable

1 Like

If I kick someone out of the queue a few times, that person won’t come back once they lose their capital, so by having the right amount of $ I can discourage the competition from playing.

Regarding the 100%, I’m aware that probably no one can hold it all the time, but 3-4 people with larger wallets can easily control the entire queue.

1 Like

Ser your scenario would be possible if someone was awake 24/7 with unlimited bera.

Although offcourse someone will try to discourage another user, is a strategy/competition game.

Regarding the cap on spanks

Less spanks = less revenue

Less revenue = less bribes

Less bribes = less emmisions for players

Atm the game rev structure is

80% auto bribe

From the 20%

40% gumball

60% bullas

From this 60% we will give 20% to bullas holders.

So you clearly see that our main goal is more emmisions and perks to holders/ players and we try to have a structure that helps this.

Seasons also helps to adapt in different situations accordingly

1 Like