General (non-BEX) RFRV Reward Vault Request for SolvBTC.BERA

Reward Vaults
1

General (non-BEX) RFRV Reward Vault Request for SolvBTC.BERA

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: ray@solv.finance
  • Proposer’s project name: Solv Protocol
  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): https://x.com/SolvIntern
  • Best Telegram Handle for questions/fixes: @raywl

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): Solv Protocol
  1. Protocol Details
  1. Contract/Pool Details
  • Contract Name:

SolvBTC.BERA

  • Contract Address:

https://berascan.com/token/0x0f6f337b09cb5131cf0ce9df3beb295b8e728f3b

  • Contract Type / Configuration:

Solv Liquid Yield Strategy Token

  • Describe how the contract works:

Token can be minted/burned by providing or withdrawing liquidity into the vault

  • Contract Fees:

10% performance fee

  • Existing Liquidity / TVL:

$271M

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

Since it’s just natively deployed on Berachain, there will be very limited holders information until Boyco unlocking and bridging activating after that.

  • Is the contract upgradable?

Yes

  • Contract Control:

Multisig - Transferable Contract Ownership

  • Is the contract verified?

Yes

  • Can the contract be paused?

Yes - PausableUpgradeable with pauser role

  • Does the contract rely on oracles?

Yes

4. Token Details

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

For Major Tokens:
  • Name: wBTC
  • Symbol: wBTC
For Non-Major Tokens:
  • Name

SolvBTC

  • Symbol

SolvBTC

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

Berachain 0x541FD749419CA806a8bc7da8ac23D346f2dF8B77

  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)

[SolvBTC holders - Google Sheets]
SolvBTC holders - Google Sheets

  • Does the project issuing the token have any relationship with current Berachain validators?

No

  • If yes, which one?
  • Total Supply Cap (if any)

21,000,000

  • Circulating Supply

806.9701258 (on Bearchain)

  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other)

Other

  • Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)
  • SolvBTC is built to address these issues by unifying Bitcoin liquidity across multiple chains , serving as a universal Bitcoin reserve for DeFi users. It offers a flexible, yield-generating solution for Bitcoin holders who want to move their assets across blockchain ecosystems without dealing with fragmented liquidity or the risks tied to individually wrapped BTC assets.
  • SolvBTC can be minted with WBTC, cbBTC, BTCB(BNB Chain) or native Bitcoin as a liquid receipt token of Solv Bticoin reserves
  • SolvBTC will be minted on Berachain with WBTC on Berachain soon
  • Are token contracts upgradable?

Yes

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

0x0c2Bc4d2698820e12E6eBe863E7b9E2650CD5b7D Multisig 3/5

  • Is the token contract verified?

Yes

  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
    (If custom, provide a link to an audit.)

Yes, standard ERC20 * GitHub - solv-finance/SolvBTC

  • 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.

SolvBTC

  • Budget: 1~2BTC each week to start with, for next 12 weeks
  • Incentives Decisions: Solv DAO
  • Incentive Manager address: 0xc25593335A90bdc0BB04d57C04F772580f69800A

iBGT

  • Budget: Plan to use SolvBTC first
  • Incentives Decisions: Solv DAO
  • Incentive Manager address: 0xc25593335A90bdc0BB04d57C04F772580f69800A

Required Data for Incentive Token:

  • Name

SolvBTC

  • Symbol

SolvBTC

  • (if the name and symbol match one of the tokens already provided or a major token, skip the next steps)
  • Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address
  • Berachain: 0x09D9420332bff75522a45FcFf4855F82a0a3ff50
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)

SolvBTC holders - Google Sheets

  • Does the project issuing the token have any relationship with current Berachain validators?

No

  • Total Supply Cap (if any) and Circulating Supply
  • Total Supply Cap: 21,000,000
  • Circulation Supply: 14,878
  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, Other)

Other

  • Are token contracts upgradable?

Yes

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

Multisig 3/5
0x0c2Bc4d2698820e12E6eBe863E7b9E2650CD5b7D

  • Is the token contract verified?

Yes

  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
    (If custom, provide a link to an audit.)

Yes, standard ERC20

  • Can the token be paused?

Yes

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time.
  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
  • 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)

Detailed above

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?

SolvBTC.BERA has contributed significantly to Berachain’s liquidity by lowering the barrier to entry for participating in DeFi and POL. By supporting the vault, Solv can attract a diverse range of users and depositors, enabling liquidity provision across the entire Berachain ecosystem.

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

Yes wBTC

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

Yes, it will drive the adoption of SolvBTC on-chain, which is currently one of the largest non-core BTC denominated asset.

Potential Volume / TVL:

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

Expect $200M+ in ongoing liquidity

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

SolvBTC.BERA vault will source yield & provide liquidity

Synergies with Other Protocols:

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

Yes it will feed into DEXs, Lending Markets, and other dapps.

Marketing / Promotion:

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

Yes, co-marketing with Kodiak, Infrared, Dolomite, BeraBorrow, and other partners

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.)

SolvBTC is well-positioned to remain the leading form of BTC on Berachain, offering users an efficient, high-yielding asset ideal for collateral across DeFi. Our POL play will be the cornerstone for driving capital-efficient utilization, powering the flywheel of Berachain’s growth engine.

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]”