General (non-BEX) RFRV Reward Vault Request for Kodiak beraBTC-wBTC Island Pool

1. Proposer Details

  • Email: eason@terplayer.org
  • Proposer’s project name: TerpLayer
  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): @terp_layer
  • Best Telegram Handle for questions/fixes: @fyTerpLayer

2. Protocol Details

  • Protocol Name: beraBTC
  • Protocol Description: beraBTC is a Bitcoin derivative system that allows users to mint Wrapped Bitcoin directly using assets on EVM-compatible chains, while supporting on-chain governance and decentralized settlement features. By establishing a cross-chain bridging mechanism, BeraBTC enables the 1:1 pegged circulation of BTC assets within the Berachain ecosystem.
  • Protocol URL(link to dApp): https://berabtc.xyz/
  • Protocol X link: https://x.com/batoshiventures
  • Protocol docs link: Whitepaper | beraBTC
  • Protocol Logo URL: https://static.kodiak.finance/tokens/berabtc.png

3. Reward Vault and Staking Token Details

4. Tokens Information

5. First Incentive Token

  • What the first incentive token in the pool: beraBTC
  • Specify how many tokens per week you plan to allocate for incentives: 0.3% minted beraBTC
  • Specify for how many weeks you plan to allocate incentives: 24
  • Outline how decisions about token incentives are made.: Multi-sig
  • Incentive Manager address: 0xb792Ad673d925Cbe02931887c70d3080209506Ae

6. Growth, Community & Ecosystem Impact
Why This Contract Matters:

  • How will this contract benefit Berachain? The native BTC-pegged asset on BeraChain will be minted, bringing BTC developers and BTC-Fi into the BeraChain ecosystem.
  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? Yes. Users mint beraBTC directly with native BTC, and BTC-Fi products like HODL can be accessed via beraBTC. The beraBTC/wBTC pool on Kodiak connects this native BTC liquidity with external wBTC flows, increasing utility for both assets. As users swap and stake, this pairing drives volume and indirectly deepens liquidity for core assets like BERA and stablecoins through routed trades and collateral flows.
  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes. beraBTC is the foundational asset for BTC-Fi products on Berachain, including HODL and future lending or yield strategies. The beraBTC/wBTC pair enables users to swap external wBTC into the native BTC standard, unlocking access to these protocols. This integration supports adoption by BTC holders and connects beraBTC with other Berachain-native projects that rely on BTC-backed liquidity and collateral
  • Potential Volume / TVL:
    Provide metrics or estimates on liquidity you expect to attract: 1M TVL in total in the first month, expected to expand to 200M in half a year.
    Highlight any known liquidity commitments: Team and some partners are ready to deploy once the reward vault is live.
  • Synergies with Other Protocols:
    Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? Yes, co-marketing activities and campaigns will be hosted in partnership with Kodiak, THJ, IVX, TTT labs, Holdstation, SNZ Pool, etc.
  • Marketing / Promotion:
    Are there plans to co-market with another project to bootstrap liquidity? Yes, co-marketing activities and campaigns will be hosted in partnership with Kodiak, IVX, TTT labs, Holdstation, etc.
  • Long-Term Vision:
    How could this reward vault evolve over time? : Eventually becoming a core liquidity pair for BTC on Berachain.

7. Verification
Please post the following text with the provided X account: https://x.com/terp_layer/status/1917632606566506554?s=46

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