General (non-BEX) RFRV
Reward Vault Request for Kodiak Island WBERA-HONEY-0.3%
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: beartic@kodiak.finance
- Proposer’s project name: Kodiak
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): https://x.com/kodiakfi
- Best Telegram Handle for questions/fixes: @polarbeartic
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): Protocol/DEX
- Protocol Details
- Protocol Name (Example: XYZ DEX): Kodiak
- Protocol Type (DEX/Lending/Staking/Derivatives/Other): DEX
- If other: please specify
- Protocol X profile link: https://x.com/kodiakfi
- Protocol docs link: https://docs.kodiak.finance/
- Protocol audits links (multiple links): Audits | Kodiak Finance
- Does the protocol have any relationship with current Berachain validators? Yes
- Contract/Pool Details
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Contract Name: Kodiak Island WBERA-HONEY-0.3%
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Contract Address: 0x4a254B11810B8EBb63C5468E438FC561Cb1bB1da
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Contract Type / Configuration: standard AMM pool
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Describe how the contract works: Kodiak Islands are ERC20-wrapped Kodiak V3 positions specifically designed to “always in-range” for Berachain Proof of Liquidity. See docs for details: Islands | Kodiak Finance
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Contract Fees: 0.3% trading fee tier
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Existing Liquidity / TVL: current liquidity and volume stats (if applicable). Currently $2.32M TVL and $45M+ Total Volume.
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Identify any address(es) controlling more than 10% of the contract shares
0x40C4d0a87157c3C1Df26267AC02505D930BAeEEb / Kodiak Island Farm CA -
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: Berachain
- Symbol: BERA
Token 2:
- Name: HONEY
- Symbol: HONEY
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. Up to 7,500 BERA per week for at least the first 6 months. Additionally, until Kodiak’s TGE, 50% of this specific Island’s trading fees in BERA that is allocated for the Kodiak Treasury will be redirected as incentives for this Reward Vault.
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.). Multi-sig
- Incentive Manager address: 0x21802b7C3DF57e98df45f1547b0F1a72F2CD1aED
Required Data for Incentive Token:
- Name: Berachain
- Symbol: HONEY
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time. Until Kodiak’s TGE, 50% of this specific Island’s trading fees in HONEY that is allocated for the Kodiak Treasury will be redirected as incentives for this Reward Vault.
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.). Multi-sig
- Incentive Manager address: 0x21802b7C3DF57e98df45f1547b0F1a72F2CD1aED
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
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How will this contract benefit Berachain?
- This contract will offer a more capital-efficient liquidity solution for the existing BERA-HONEY pool on Beraswap. This also ensures that there is deep liquidity for a major routing pair in the ecosystem.
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Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
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Yes, both BERA and HONEY.
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Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
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Yes, this contract will ensure deep, capital-efficient liquidity for major assets on Berachain (BERA and HONEY).
Potential Volume / TVL:
- Provide metrics or estimates on liquidity you expect to attract.
- We expect to attract a solid portion of the $96m+ liquidity for the same pool on BeraSwap, as well as net new liquidity providers due to the incentives we provide. Since the Kodiak pool will be a concentrated liquidity pool, we expect to capture the majority of the volume for this specific pair ($25m+ in daily volume).
- 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 $2.32m+ liquidity in this Kodiak Island.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
- Yes, the LP token will be integrated with Beraborrow as collateral and be integrated with Infrared.
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 Infrared for those that want to stake their LP tokens with Infrared.
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 reward vault will be one of Kodiak’s flagship vaults that grows into being the deepest, most capital-efficient and in-range liquidity pool for two major assets (BERA and HONEY).
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/KodiakFi/status/1894538256143827081
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!