1. Proposer Details
Proposer’s project name: Beraborrow
Proposer’s email: kobble@beraborrow.com
Proposer’s X account: https://x.com/beraborrow
Best Telegram handle: @Kob_Class
2. Protocol Details
Protocol Name: Beraborrow
Protocol Description:
Beraborrow unlocks instant liquidity against Berachain assets through the first PoL-powered stablecoin, Nectar ($NECT). Designed with simplicity and flexibility at its core, Beraborrow enables users to maximize capital efficiency without sacrificing yield.
Protocol Audits: Audits | Beraborrow
Protocol URL: https://app.beraborrow.com/
Protocol Logo: Beraborrow Logo
3. Reward Vault & Staking Token Details
Vault Name: wBTC | NECT Charm Vault by Beraborrow
Reward Vault Address: 0x5138915A7Fc0bD6Ed674BBd8F8aAC806649Db6D3
Staking Token Address: 0xa16a8332e3a49bc21454193976907a443de9eda6
Vault Type: Charm Vault
Link to Vault: https://app.charm.fi/berachain/vault/0xa16a8332e3a49bc21454193976907a443de9eda6
Existing Liquidity / TVL: Initial liquidity to be seeded at $100,000, with target growth to $10 million+ TVL over the next few months
Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply: Address Identification Template NECT | wBTC - Google Sheets
How to Acquire the Staking Token:
Users can provide liquidity for the NECT/WBTC pair via Charm, earning Charm LP tokens, this liquidity is then placed into Kodiak
4. Tokens Information
Token 1 (Stablecoin):
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Name: Nectar
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Symbol: NECT
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Address: 0x1cE0a25D13CE4d52071aE7e02Cf1F6606F4C79d3
Token 2 (Major Token):
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Name: Wrapped Bitcoin
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Symbol: WBTC
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Address: 0x0555E30da8f98308EdB960aa94C0Db47230d2B9c
5. Incentive Tokens
Incentive Token 1
Name: POLLEN
Symbol: POLLEN
Contract Address: 0xc99e948e9d183848a6c4f5e6c1d225f02f171d79
Type: Governance TokenTotal Supply Cap: 420,000,000
Circulating Supply: 45,992,248Identify any address(es) controlling more than 10% (address / type: team, foundation, investor, etc.): POLLEN HOLDERS - Google Sheets
Control: permissionless
Contract Verified: Yes (Standard ERC20)
Pause Functionality: No
Tokenomics: What is POLLEN? | BeraborrowPurpose:
POLLEN enables decentralised governance and liquidity incentives within the Beraborrow ecosystem. It powers Proof of Liquidity mechanisms to drive NECT adoption and aligns long-term incentives across Berachain participants.Additional Requirements:
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Specify how many tokens per week you plan to allocate for incentives: $5000 per week
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Specify for how many weeks you plan to allocate incentives: We plan to incentivise indefinately but 12 weeks with the amount above and then we will look to shift to dyanmic incentives.
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Outline how decisions about token incentives are made (DAO, multi-sig, etc.). Multisig
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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) 0x0907f733BF15f62c71ABE65C71b3A8BCaEe64275
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Incentive Token 2
Name: Wrapped BERA
Symbol: wBERA
Address: 0x6969696969696969696969696969696969696969
**
Amount: TBD
incentive manger:** 0x0907f733BF15f62c71ABE65C71b3A8BCaEe64275
Governance Model: Incentive decisions managed via multisig, with community proposals influencing future adjustments.
6. Growth, Community & Ecosystem Impact
Why This Contract Matters
The NECT/WBTC Charm Vault plays a pivotal role in Berachain’s liquidity infrastructure. By pairing NECT with a blue-chip asset (WBTC), the vault:
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Deepens stablecoin liquidity and strengthens NECT’s peg.
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Attracts BTC-based capital from external chains, onboarding new users to Berachain.
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Expands leverage and borrowing opportunities within the Beraborrow ecosystem.
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Integrates directly with Infrared vault strategies,
Impact on Berachain
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Increases chain revenue through driving more volume through POL
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Strengthens the NECT stablecoin as a reliable settlement asset.
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Drives cross-chain adoption as WBTC liquidity migrates to Berachain via this vault.
Synergies with Other Protocols
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Infrared: Integration lined up for the RV to earn iBGT
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Kodiak / Charm: Execution of active liquidity management to maximize rewards efficiency.
Marketing and Promotion
Beraborrow and Kodiak will jointly promote this vault across X, Telegram, and Discord.
Long-Term Vision
This vault represents a cornerstone in Beraborrow’s broader vision: enabling scalable, sustainable liquidity for Berachain-native assets. By establishing NECT/WBTC as a deep liquidity hub, the ecosystem gains a foundation for new lending markets, trading pairs, and validator-aligned PoL strategies.