General (non-BEX) RFRV Reward Vault Request for Pendle LP-iBGT-25122025

Reward Vaults
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General (non-BEX) RFRV

Reward Vault Request for Pendle LP-iBGT

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: raito@infrared.finance

  • Proposer’s project name: Infrared Finance

  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): https://x.com/InfraredFinance

  • Best Telegram Handle for questions/fixes: @OxRaito

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): iBGT
  1. Protocol Details

  • Protocol Name (Example: XYZ DEX): Pendle

  • Protocol Type (DEX/Lending/Staking/Derivatives/Other): Derivatives

  • Protocol X profile link: https://x.com/pendle_fi

  • Protocol docs link: Docs | Pendle

  • Protocol audits links (multiple links): Audit List

  • Does the protocol have any relationship with current Berachain validators? No

  1. Contract/Pool Details

  • Contract Name: Pendle LP-iBGT

  • Contract Address: 0x6170da95cf074d891a8e7bdc9583ee51915cc859

  • Contract Type / Configuration: AMM Pool

  • Describe how the contract works: Liquidity position

  • Contract Fees: 0%

  • Existing Liquidity / TVL: current liquidity and volume stats (if applicable). Currently $2M TVL

  • Identify any address(es) controlling more than 10% of the contract shares
    0xC4a65A93dD6CD9717551ebE827E8baEe025d1d7E / Pendle Market

  • 0x4D32C8Ff2fACC771eC7Efc70d6A8468bC30C26bF / Pendle Market

  • Is the contract upgradable? No.

  • Contract Control: Multisig

  • Is the contract verified? Yes.

  • Can the contract be paused? Yes.

  • Does the contract rely on oracles? No.

4. Token Details

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

For Non Major Tokens:

Token 1:

  • Name: Infrared BGT

  • Symbol: iBGT

  • Contract address: 0xac03CABA51e17c86c921E1f6CBFBdC91F8BB2E6b

  • Tokenomics: Tokenomics, Distribution, and Vesting: iBGT is a yield-bearing, liquid representation of staked BGT. It allows users to stake BGT while maintaining liquidity, ensuring efficient delegation to validators, and optimizing reward distribution. Whitelisting iBGT for PoL would enhance liquidity, improve capital efficiency, and strengthen the incentive alignment for active participation in Berachain’s staking ecosystem. For further information please refer to the official education section.

  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.): 0x9b45388Fc442343dE9959D710eB47Da8c09eE2d9: Infrared Reward Vault

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: Infrared BGT

  • Symbol: iBGT

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time. To kick things off we’re planning to allocate $10K notional in daily bribes (in iBERA, iBGT, or a mix of both) over a minimum period of 3 month. We’ll plan to adjust based on the growth and traction of the pool.

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

  • Incentive Manager address: 0x182a31A27A0D39d735b31e80534CFE1fCd92c38f

Required Data for Incentive Token:

  • Name: Infrared BERA

  • Symbol: iBERA

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time. To kick things off we’re planning to allocate $10K notional in daily bribes (in iBERA, iBGT, or a mix of both) over a minimum period of 3 month. We’ll plan to adjust based on the growth and traction of the pool.

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

  • Incentive Manager address: 0x182a31A27A0D39d735b31e80534CFE1fCd92c38f

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?

    • The LP-iBGT token will enhance Berachain by deepening liquidity, providing a novel defi use cases through Pendle. Additionally, integrating Pendle’s LP tokens aligns incentives across protocols, reinforces composability, and unlocks new yield opportunities for native DeFi applications.

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

  • Yes, it should help the BGT and BERA liquidity

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

  • Yes, Pendle, but unlocking numerous opportunities and liquidity down the line.

Potential Volume / TVL:

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

    • The goal is exceed $3m in TVL and enable composability

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

    • NA

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?

    • Yes, Pendle, and second stage Euler/Dolomite as a second step, but unlocking numerous opportunities down the line

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity?

  • Yes, co-marketing push with Pendle and other partners is planned.

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.)

    • Becoming a core Berachain pool on Pendle, but also pave road for other Berachain native use cases and tokens on Pendle

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/InfraredFinance/status/1947302260507066816

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!