General (non-BEX) RFRV
RFRV Reward Vault Request for Kodiak Island BERA-AVL-1%
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: jz@avalonfinance.xyz
- Proposer’s project name: Avalon Labs
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): Avalon Labs
(@avalonfinance_) / X - Best Telegram Handle for questions/fixes: @jz_avalon
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): AVL
- Protocol Details
- Protocol Name (Example: XYZ DEX): Kodiak
- Protocol Type (DEX/Lending/Staking/Derivatives/Other)If other: please specify: DEX
- Protocol X profile link: x.com/KodiakFi
- Protocol docs link: https://documentation.kodiak.finance/
- Protocol audits links (multiple links): Audits | Kodiak Finance
- Does the protocol have any relationship with current Berachain validators?: No
- Contract/Pool Details
- Contract Name (Example: $EXAMPLE / $BERA): $BERA / $AVL
- Contract Address: Insert the contract address: 0xCDA2A9e3856005cDf75604c130fCAE4930872fc2
- Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract: Standard v3 AMM
- Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…): Shares can be minted/ burned via the island contract: 0xbfbEfcfAE7a58C14292B53C2CcD95bF2c5742EB0
- Contract Fees: Outline the fee structure (e.g., 10% of staking rewards): 1%
- Existing Liquidity / TVL: current liquidity and volume stats (if applicable): $129,000 TVL
- Identify any address(es) controlling more than 10% of the contract shares
(address / type: team, protocol-owned liquidity, etc.
BOYCO: 0x3A4288b2776B2C2fE7570d987BeF5865C1f39e4d
- Is the contract upgradable?: No
- Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance): Multisig
- Additional details on Contract Control:3/6 multisig
- Is the contract verified?: Yes
- Can the contract be paused?: Yes
- Does the contract rely on oracles?(If yes, explain oracle dependency): No
4. Token Details
Provide the following details for each token in the contract (up to 5):
For Major Tokens: BERA
- Name: BERA
- Symbol: $BERA
For Non-Major Tokens:
- Name: AVL
- Symbol: $AVL
- Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address: Berachain 0x89d2E832EDaAfF8C228A57a1602a1f7950Ea2D39 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.): Users can provide liquidity with HONEY and AVL in Kodiak.
- Identify any address(es) controlling more than 10%
(address / type: team, foundation, investor, etc.): sUSDa holders - Google Sheets - 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): Governance - Provide extra details (e.g. Use case, Redemption mechanics, Peg stability): Staking AVL as sAVL unlocks exclusive perks, including fee rebates, governance power, special incentives, and AVL rewards. sAVL holders influence protocol decisions, control AVL emissions, and earn yield through a bribing marke
- Are token contracts upgradable?: Yes
- Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance): Multisig
- Additional details on Token Control: Multisig ⅚
- Is the token contract verified?: Yes
- 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.): The token is standard OFT.
- Can the token be paused?: Yes
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.
USDC
- Budget: $25k each week for 52 weeks
- Incentives Decisions: Avalon Treasury
- Incentive Manager address: 0x3b47b6a52e2C5bd4ca23eF7295Af7c435E63FC92
Required Data for Incentive Token:
- Name: AVL
- Symbol(if the name and symbol match one of the tokens already provided or a major token, skip the next steps): AVL
- Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address: Berachain: 0x89d2E832EDaAfF8C228A57a1602a1f7950Ea2D39 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.): AVL has sAVL and all otherinformation can be found here.
- Identify any address(es) controlling more than 10%
(address / type: team, foundation, investor, etc.): sUSDa holders - Google Sheets - Does the project issuing the token have any relationship with current Berachain validators?:No
- Total Supply Cap (if any) and Circulating Supply
- Total Supply Cap: 1B AVL
- Circulation Supply: 182,250,001 AVL
- Token Type:
(Governance, Utility, Memecoin, Stablecoin, LST, Other): Governance - Are token contracts upgradable?: Yes
- Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance): Multisig
- Additional details on Token Control: Multisig 5/6
- Is the token contract verified?: Yes
- 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.): The token is standard OFT.
- Can the token be paused?: Yes
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time: equivalent of $25,000 USD per month, distributed in $AVL, over a period of 52 weeks. (The monthly distribution will be calculated based on the prevailing market price of $AVL at the time of each disbursement.)
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.): Avalon Treasury
- 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): 0x3b47b6a52e2C5bd4ca23eF7295Af7c435E63FC92
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
- How will this contract benefit Berachain? Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?:
By introducing AVL and sAVL, Avalon ensures dynamic, purpose-driven growth through strategic token emissions, incentivized yield mechanisms, and governance participation. The staking mechanism of AVL into sAVL not only aligns long-term investor interests but also creates sustainable liquidity incentives, as sAVL holders control emissions and participate in a bribing market for real yield. Additionally, the yield incentives and strategic partnerships supported by AVL allocations can drive the adoption of important trading pairs, reinforcing Berachain’s overall DeFi ecosystem. The inclusion of fee rebates for sAVL holders using Avalon’s USDa and CeDeFi lending products further enhances utility and adoption, ultimately creating deeper liquidity and a more interconnected Berachain network.
Potential Volume / TVL:
- Provide metrics or estimates on liquidity you expect to attract: 50M+
- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.): Pool has already been bootstrapped. Please check here.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
- We’re exploring several key synergies and opportunities with Infrared, focusing on PoL and institutional liquidity. Avalon can position AVL as one of the prime collaterals.
- Beraborrow (once live) + Dolomite could integrate AVL into structured lending markets.
- Yield strategies: Combining Infrared vaults with Avalon’s stablecoin mechanics.
- AquaBera ALM: Optimizing AVL/HONEY liquidity deployment.
- Bend (Native Lending): Could integrate AVL as both yield-bearing and non-yield-bearing collateral, enabling major stablecoins to borrow Avalon’s assets.
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity?: TBD
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.):
By natively enabling AVL minting within Bera’s DeFi ecosystem, we unlock powerful new opportunities for both token holders and the broader BTC community. Users seeking stability can benefit from staking their AVL, earning returns on their AVL holdings through Avalon’s Yield-Generation Vault.
At the same time, BTC holders can leverage AVL’s deep liquidity and by holding enough AVL then their borrowing APR can be lowered! This integration enhances liquidity flow across lending platforms, enabling more efficient borrowing and leveraged strategies while maintaining stability and scalability.
By bridging AVL with Bera’s DeFi infrastructure, we not only enhance the utility of the token but also fuel a more capital-efficient, liquid, and resilient financial ecosystem.
7. Verification
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!