General (non-BEX) RFRV
Reward Vault Request for Kodiak Island BM-WBERA-1%
1. Proposer Details
- Email: bare89428@gmail.com
- Proposer’s project name: BM
- Proposer’s X account: https://x.com/bm_bera
- Best Telegram Handle for questions/fixes: @beranon_cto
- Affiliation (protocol / one of the tokens in the contract): BM core team
- Protocol Details
- Protocol Name: BM (Bera Morning)
- Protocol Type: Memecoin / Bera Culture Coin
- Protocol X profile link: https://x.com/bm_bera
- Protocol docs link: bmbm.lol (no other docs, only official website)
- Does the protocol have any relationship with current Berachain validators? Yes
- Contract/Pool Details
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Contract Name: Kodiak Island WBERA-BM-1%
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Contract Address: 0x0FD67ac75F9DF51f5d81F582417B318F44b45f5c
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Contract Type / Configuration: AMM (uniV3 / KodiakV3)
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Describe how the contract works: The contract was set up using Kodiak’s Island infrastructure.
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Contract Fees: 1% on swaps
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Existing Liquidity / TVL: current liquidity and volume stats (if applicable).
- Currently, $485k TVL (across all pools) and $7m+ Total Volume (non-inclusive of CEX).
- BM-Bera 1% Island
- $105k TVL (4400 Bera / 17.24m BM)
- BM-Bera 0.3% V2 pool
- $315k TVL (20.5k Bera / 40m BM)
- BM-Bera 2% V3 pool
- $42k TVL (200 Bera / 10.1m BM)
- BM-Bera 1% Island
- Currently, $485k TVL (across all pools) and $7m+ Total Volume (non-inclusive of CEX).
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Identify any address(es) controlling more than 10% of the contract shares
- Token deployer: 0xc6019cFF8C71907c9E74A088B5E42B4a16783393
- BM Treasury: 0x18860CC68026a62540c8cd4144FeF3eBF2583B45
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Is the contract upgradable? No.
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Contract Control: Multisig
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Additional details on Contract Control: Contract controls are used by the “manager” of the Kodiak Island for permissioned rebalancing of the range to provide active liquidity.
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Is the contract verified? Yes.
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Can the contract be paused? Yes, for security reasons. Kodiak Islands are actively monitored by the HyperNative Security Monitoring system that has permission to pause using their real-time threat monitoring system. Unpause is controlled by the “manager” multisig described above.
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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: Bera Morning / BM coin
- Symbol: BM
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: Kodiak will co-bribe with 50% of all bm trading fees earned by the Kodiak protocol (in Bera) over 6 months.
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.). Multi-sig
- Incentive Manager address:
Required Data for Incentive Token:
- Name: Bera Morning Token
- Symbol: BM
- Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
- 0xb749584f9fc418cf905d54f462fdbfdc7462011b
- Tokenomics, Distribution, and Vesting: N/A
- Identify any address(es) controlling more than 10%:
- Token deployer: 0xc6019cFF8C71907c9E74A088B5E42B4a16783393
- Treasury: 0x18860CC68026a62540c8cd4144FeF3eBF2583B45
- Does the project issuing the token have any relationship with current Berachain validators? Yes, Kodiak Validators / THJ validators.
- Total Supply Cap (if any) and Circulating Supply: 1B Total Supply, 100% circulating
- Token Type: Meme / Culture coin
- Are token contracts upgradable? No.
- Token Control: Multisig
- Additional details on Token Control: ⅔ Multisig
- Is the token contract verified? Yes
- Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…): Standard ERC20 / Standard Panda Factory Token
- Can the token be paused? No.
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time. Up to 10% of the BM circulating supply (deployer supply, $400k at current market price).
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.): BM CTO team.
- Incentive Manager address: 0xc6019cFF8C71907c9E74A088B5E42B4a16783393 (token deployer)
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
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How will this contract benefit Berachain?
- “BM” is the top and leading memecoin on Berachain by market cap. It represents one of the most common phrases tied to Berachain culture akin to that of “Henlo” and “Ooga Booga”. BM’s cultural appeal and market leadership position it as a gateway and catalyst for memecoin activity on Berachain bringing net new users and funding from existing ecosystems such as Sonic, Solana and Base.
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Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
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BERA
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Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
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Yes, the underlying BM<>BERA may be used for routing via multiple Berachain native and cross-chain swap aggregators. Additionally, its the first and only Native bera “memecoin” to receive CEX support and listing.
Potential Volume / TVL:
- Current metrics:
- Over $7M total trading volume on Berachain mainnet.
- $125k USDT volume (Feb 27th, 25) - Ourbit
- $55k USDT volume (Feb 27th, 25) - MEXC
- Provide metrics or estimates on liquidity you expect to attract.
- BM currently has a total of $105k in TVL allocated to its Kodiak Sweetened island and $330k in its v2 Kodiak pool, We expect to 10-20x this with planned incentives and BGT
- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)
- There is already $485k+ in liquidity for the BM-WBERA pair.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
- Not necessarily, however, auto-compounding vaults may be built around the BM Island and BM PoL vault.
Marketing / Promotion:
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Are there plans to co-market with another project to bootstrap liquidity?
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Yes, this reward vault will also be integrated/supported by Kodiak.
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.)
- Other than the major assets, BM is one of the top traded assets on Berachain, The goal is to grow deep liquidity for BM-WBERA liquidity pool to provide low-slippage trading for BM and thus become a top volume asset on Berachain.
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: https://x.com/bm_bera/status/1895641544411299869?s=46&t=tGlGODgLUGkgRkrvPDjT3g