1. Proposer Details
Project name: Infrared Finance
Email: viperr@infrared.finance
X account: @cryptosources
Best Telegram Handle for questions/fixes: @viperrcrypto
2. Protocol Details
Protocol Name: Kodiak Finance
Description: Kodiak is Berachain’s native liquidity platform, empowering users to seamlessly launch, trade, and provide liquidity for any asset.
Audits links: https://documentation.kodiak.finance/security/audits
Protocol URL (link to dApp): https://app.kodiak.finance/
Protocol Logo URL: https://ibb.co/Lzh51hW0
3. Reward Vault and Staking Token Details
Vault Name: BYUSD/HONEY
Reward Vault Address: 0x9145aefd784c58219b18c23372155d18c9bcd7e9
Logo URL: https://drive.google.com/file/d/1lkbajaANOhHB529QWFIF_2K2mFfe7gMh/view?usp=drive_link
Staking Token Address: 0x939f1b6f513c3d62eb25c7e057ed8bb24021a000
Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply:
N/A
Is the Staking Token located on BEX?
No
Protocol where the Staking Token is located:
Kodiak
Link to where the Staking Token is located: https://app.kodiak.finance/#/liquidity/pools/0x0c844d3E259a0259668AbFF3431900b28D780797?chain=berachain_mainnet
Describe how a user should acquire this staking token:
Deposit liquidity into Kodiak Island on Kodiak dApp.
Reward Manager address:
0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
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):
chain / address
Berachain: 0xFCBD14DC51f0A4d49d5E53C2E0950e0bC26d0Dce
Name: BYUSD
Symbol: BYUSD
Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address:
- Berachain: 0x688e72142674041f8f6Af4c808a4045cA1D6aC82
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:
Incentive Token #1
-
Name: iBGT
-
Symbol: iBGT
Additional Requirements:
Specify how many tokens per week you plan to allocate for incentives.
Depends on validators
Specify for how many weeks you plan to allocate incentives.
For as long as feasible.
Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
Multisig
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).
0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
Incentive Token #2
-
Name: wrapped BYUSD
-
Symbol: wBYUSD
Additional Requirements:
Specify how many tokens per week you plan to allocate for incentives.
Up to 100k BYUSD a week
Specify for how many weeks you plan to allocate incentives.
For as long as feasible.
Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
Multisig
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).
0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
How will this contract benefit Berachain?
After the Balancer exploit, we are unable to continue with BEX so this will allow us to support our ivault partner and keep sticky liquidity over in Berachain ecosystem.
Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
Yes, BYUSD.
Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
Yes.
Potential Volume / TVL:
Provide metrics or estimates on liquidity you expect to attract.
$30m+.
Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)
$20m+
Synergies with Other Protocols:
Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
Yes.
Marketing / Promotion:
Are there plans to co-market with another project to bootstrap liquidity?
Yes.
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 will serve as a core stablecoin liquidity pool for Berachain and help bootstrap BYUSD.
7. Verification
Post on X: https://x.com/InfraredFinance/status/1989065009843085395?s=20