General (non-BEX) RFRV Reward Vault Request for new [BRLY-BERA] Vault on Beradrome

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

elchabera@berally.io

  • Proposer’s project name

Berally

  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes)

https://x.com/Berally_io

  • Best Telegram Handle for questions/fixes

@cuongdo

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)

$BRLY token issued by Berally

  1. Protocol Details
  • Protocol Name:

Beradrome

  • Protocol Type:

Staking

  • Protocol X profile link:

https://x.com/beradrome

  • Protocol docs link:

https://docs.beradrome.com/

  • Protocol audits links:

Audits | Beradrome Docs

  • Does the protocol have any relationship with current Berachain validators?

Beradrome co-operates a validator with ApiologyDAO


  1. Contract/Pool Details
  • Contract Name (Example: $EXAMPLE / $BERA)

Beradrome Kodiak BRLY-WBERA-V2

  • Contract Address:

0xbF5F87dc64D8712E676634eEE2dad44b3cA2aAb6

  • Contract Type / Configuration:

Custom contract

  • Describe how the contract works

Tokens are minted and redeemed when users deposit and withdraw liquidity pool tokens from the BRLY/BERA v2 liquidity pool on Kodiak.

  • Contract Fees: No fees
  • Existing Liquidity / TVL:

$280k in BRLY-WBERA pool on Kodiak. $150k currently burned through InterPoL.

  • Identify any address(es) controlling more than 10% of the contract shares

No

  • Is the contract upgradable?

No

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

Permissioned

  • Additional details on Contract Control
  • Is the contract verified?

Yes

  • Can the contract be paused?

No

  • Does the contract rely on oracles?

No

  • (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 Berally Token
  • Symbol

BRLY

  • Contract Addresses (on Berachain and bridging addresses if cross-chain):

0xaB7e0f3D69DE8061aa46D7C9964DbC11878468eB

  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)

Distribution and Issuance | Berally Documentation

  • Identify any address(es) controlling more than 10%

Address Identification Template (BRLY) - Google Sheets

  • Does the project issuing the token have any relationship with current Berachain validators?
  • If yes, which one?

THJ - Gold Partner. Beradrome - The real deal.

  • Total Supply Cap (if any)

6,942,000,000 Berally ($BRLY) tokens are set to be distributed over a period of 5 years.

  • Circulating Supply

Circulating supply is 2,304,744,000.

  • Token Type:

Utility.

  • Provide extra details:

By locking $BRLY tokens, users receive $revBRLY, which will be counted to gain governance rights and dividends from platform revenue. This system encourages sustained engagement and long-term commitment, aligning user interests with the platform’s overall success and stability.

  • Are token contracts upgradable?

No

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

Team Multisig.

  • 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…)

ERC20 Standard.

(If custom, provide a link to an audit.)

  • Can the token be paused?

No


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. Please indicate exactly 2 tokens in the form.

Required Data for Incentive Token:

  • Name

BERA and BRLY

Additional Requirements:

  • Specify how many tokens per week you plan to allocate for incentives

20,000 $BERA and 694,200,000 $BRLY.

  • Specify for how many weeks you plan to allocate incentives

Over the course of 6 - 12 months.

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

Team Multisig

  • 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)

0xf9CAFB022FaFa1cdC4C7a89E9bDB8d9213f7516A


6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?’

By incentivizing the BRLY-BERA liquidity, we aim to deepen the TVL and increase value for the token $BRLY. $BRLY will be used as incentives for users to use Berally (positioned as number 1 SocialFAI app on Berachain). By incentivizing onchain social trading, we can enhance more onchain activities and might lead to better investment return for users who participate. If successful, we can drive maximum traction to our integration partners (Kodiak, Oogabooga, Beradrome, Infrared, etc.) and leverage those revenues to bribe for more BGTs.

  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?

Yes, BERA

  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?

No

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract.

At least 2M.

  • Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)

We already burned the initial liquidity pool, and will actively commit more if possible. Part of the protocol revenue will also be used to constantly buyback and burn the tokens.

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?

Yes, as we integrate/partners with many other protocols on Berachain.

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, we want the vault to become an integral part of our flywheel, making Berally the first Hyperstructure SocialFi platform. Read more: Fees, Rev and Bribe | Berally Documentation


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/Berally_io/status/1905466502255456650


Final Reminder

A successful RFRV hinges on demonstrating:

  1. Security: Low smart contract and token risk.
  2. Demand: Community and liquidity providers want this pair.
  3. 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!

2 Likes

clearly

20,000 $BERA and 694,200,000 $BRLY

is meant to be allocated in total, not per week

I support Berally. They’ve shown to be of high quality character. I personally find SocialFi challenging, but rewarding so much more so for the good that flows out of it. For something so unique and part of ur relating with one another. I want someone I can irrevocably trust. Someone other names and people I look up to have been happy to get behind. Berachain is about people before everything else, even PoL. pol would be miserable with no people.

that’s right, a mistake on our end

Hi team, thanks for the proposal.

Can you help address the following concerns?

  • Number of token holders is below the minimum threshold (Minimum over 100 Holders)
  • Concentration of a single entity holding more than 50%.

Please note that the following feedback doesn’t represent the opinions of the BGT Foundation.
It is contextual feedback from the Bera ecosystem team with respect to publicly stated guidelines.

With the following changes implemented, this application should be a better candidate for a Reward Vault.

2 Likes

Hello. Seems like majority is in staking contracts accounting for both holder count and the percentage being that high. Ps. Not a team member just a holder

Dear BeraLabs Team,
Thank you for your detailed feedback regarding our application for the Reward Vault. We appreciate your guidance and the opportunity to address the concerns raised about the number of token holders and the concentration of holdings.

To clarify, the current distribution of our tokens is heavily influenced by our staking model, where the majority of tokens are staked within our dApp to generate real yield. (https://stake.berally.io/). This has resulted in fewer users participating in liquidity provision (LP) staking. Additionally, we believe this dynamic has led to non-team-related users collectively holding over 50% of the tokens, as the team’s LP tokens have been burned, and most remaining tokens are staked by the community.

To address these concerns and strengthen our application, we propose the following actions:

  1. Increased Incentives on Beradrome Gauge: Starting in the upcoming epoch, we will more aggressively bribe the Beradrome gauge—the same gauge we are applying for as a whitelist vault—to attract a broader pool of users to stake in the LP and increase the number of token holders.

  2. Targeted Exposure Campaign: We will launch a campaign to raise awareness and drive participation in our LP, further diversifying token holder distribution.

We firmly believe that achieving whitelist status for our gauge will significantly accelerate our ability to attract more holders in a matter of days, not weeks, by leveraging the increased visibility and incentives.
Thank you again for your consideration. We are committed to aligning with the BGT Foundation’s guidelines and look forward to your feedback on these proposed measures.
Best regards,

Keep supporting Berachain token
Make Bera Great Again :partying_face::people_hugging: