General (non-BEX) RFRV Reward Vault Request for Kodiak NAV-BERA 1%

Reward Vaults
1

1. Proposer Details

  • Email - Digits@NAV.finance
  • Proposer’s project name - NAV
  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) - @NAVFinance_
  • Best Telegram Handle for questions/fixes - @MrDigits

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) - $NAV
  1. Protocol Details
  1. Contract/Pool Details

  • Contract Name (Example: $EXAMPLE / $BERA) $NAV / $BERA

  • Contract Address: Insert the contract address. 0xEf8C3239E0D8Be9d58f145E18F5909Ddad681365

  • Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract Kodiak Island 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…) V3 liquidity pool on Kodiak

  • Contract Fees: Outline the fee structure (e.g., 10% of staking rewards) 1% of swap fees to LPs

  • Existing Liquidity / TVL: current liquidity and volume stats (if applicable). $203K LP and $178K volume (24H)

  • Identify any address(es) controlling more than 10% of the contract shares
    (address / type: team, protocol-owned liquidity, etc.) 0xCaC4617a0aA4C57245fe2fB15E78BC21C2e535C1 - Team

  • Is the contract upgradable? No

  • Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) Kodiak

  • Additional details on Contract Control

  • Is the contract verified? Yes

  • Can the contract be paused? No

  • Does the contract rely on oracles? Yes, oracle observation for BERA and NAV price.

    • (If yes, explain oracle dependency)

4. Token Details

Provide the following details for each token in the contract (up to 5):

For Major Tokens:
  • Name - BERA
  • Symbol - $BERA
For Non-Major Tokens:
  • Name - NAV
  • Symbol - $NAV
  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address Berachain 0x6536cead649249cae42fc9bfb1f999429b3ec755
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.) $NAV | NAV
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)
    0x51c563291A93A6D19108dBa9b243d53797a82FF7 Community Incentives 38.8%
    0xB0Bce0B075606176A20cA0352B2Bfb1A726686e6 Team 20%
  • Does the project issuing the token have any relationship with current Berachain validators? Yes
  • If yes, which one? Our team stakes our series A BERA as fatBERA with Honeyjar
  • Total Supply Cap (if any) - 1B
  • Circulating Supply - 122,200,000
  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other) - Utility
  • Provide extra details (e.g. Use case, Redemption mechanics, Peg stability) - 10% of fund performance fees goes to buy back $NAV.
  • Are token contracts upgradable? - no
  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) Single Owner
  • Additional details on Token Control
  • 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
    (If custom, provide a link to an audit.)
  • 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.

Required Data for Incentive Token:

  • Name - NAV
  • Symbol - $NAV

Required Data for Incentive Token:

  • Name - BERA
  • Symbol - $BERA

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time. - 496,100 NAV weekly ($5560) for a minimum of 6 months

  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.). - 36M linear vesting contract distributing to a team multi-sig

  • 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) - 0x8F9Ae98d1670ECb6407FE7B2EA993C0AD7ac80e1

  • Specify how many tokens you plan to allocate for incentives and over what period of time. - 510 BERA weekly for a minimum of 6 months

  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.). - team multi-sig

  • 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) - 0x09113A746e5b9068840544dE9aaD6D2c91b48fF8

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain? As a regulated hedge fund NAV brings AUM to Berachain, accumulates BGT and liquid wrappers, and deploys a dedicated SIP to Berachain deepening on chain liquidity.
  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? BERA
  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes, $NAV is like a call option on our fund performance and our fund deploys liquidity on chain into many projects through our Berachain Maximizer SIP fund to projects such as Infrared, Stride, Dolomite, fatBERA, Yeet, and more which drive adoption to all of Berachain. As our AUM grows so does Berachains AUM as we deploy more.

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract. If we attract 500K worth of liquidity with our NAV incentives LPs would receive 133% APR in MC.
  • Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.) We control $200,000 worth of NAV-BERA

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? no

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity? co-market with 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.) Eventually becoming a core liquidity pool as NAV AUM and performance grows the desire to own NAV as a call option on our funds performance grows like a flywheel deepening desire for NAV and it’s liquidity pool. As we continue to outperform more TVL comes into our SIPs deepening liquidity throughout the Berachain ecosystem.

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]”

Posted on NAVFinance_ X account

1 Like
2

i would prefer to make single asset staked NAV yield

3

Pool has been whitelisted