General (non-BEX) RFRV
Request for Bro Volume Receipt Token Staking Rewards Vault
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: a@bro.trade
- Proposer’s project name: bro.trade
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) https://x.com/brotrade_dex
- Best Telegram Handle for questions/fixes: @abro42069
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) Co-Founder
2. Protocol Details
- Protocol Name: bro.trade
- Protocol Type: Perpetuals Dex
- Protocol X profile link: https://x.com/brotrade_dex
- Protocol docs link: https://docs.bro.trade
- Protocol audits links (multiple links):
- Does the protocol have any relationship with current Berachain validators?
- Yes, TTT Labs; additionally in discussions for relationships with two more validators in the current active set.
3. Contract/Pool Details
- Contract Name: Bro Volume Receipt Token Staking
- Contract Address: 0x212a9b9B9cC7a935E15F4370F29705236eF709dD
- Contract Type / Configuration: The bro.trade reward vault is a specialized rewards vault designed to incentivize perpetuals trading volume on bro.trade. It employs an ERC-20 staking token to reward active trading participation, targeting frequent trades while factoring in trade size to curb spam, offering a robust mechanism for boosting liquidity inflows and enhancing trader engagement.
- Describe how the contract works: The vault incentivizes traders by distributing BRO-VRT based on weekly rounds—resetting and recalculating balances pro-rata according to trading volume to reward only active participants—which is then auto-staked for the user to earn and claim BGT claimable and delegatable via bro.trade’s BGT reward dashboard or Hub. Wash-trade detection disqualifies opposing trades in the same timeframe to deter spam and sybil behavior— ensuring customization in the distribution logic prioritizes authentic volume and combats gaming.
- Contract Fees: No fees due to it not being an LP receipt token
- Existing Liquidity / TVL: Not an LP Token.
- Identify any address(es) controlling more than 10% of the contract shares: None
- Is the contract upgradable? Yes
- Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) Multisig
- Additional details on Contract Control
- Is the contract verified? Yes
- Can the contract be paused? No
- Does the contract rely on oracles? No
4. Token Details
For Non-Major Tokens:
- Name: BroVolumeReceiptToken
- Symbol BRO-VRT
- Contract Addresses (on Berachain and bridging addresses if cross-chain): 0x561fd767EEC89CFd94048DF7C5402C7194eF4580
- Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
- Identify any address(es) controlling more than 10%: None
- Does the project issuing the token have any relationship with current Berachain validators? Yes
- If yes, which one? TTT Labs
- Total Supply Cap (if any) 1,000,000
- Circulating Supply: 1,000,000
- Token Type: Utility
- Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)
Use Case: This ERC-20 dummy staking token is distributed to traders weekly, proportional to their trading volume—reset and recalculated pro-rata across a 7-day rolling window—capturing active participation on bro.trade’s perpetuals DEX. It is auto-staked via delegateStake into the bro.trade reward vault, enabling traders to earn BGT rewards without manual staking, aligning incentives with sustained trading activity.
Redemption Mechanics: The BroVolumeReceiptToken has no direct redemption value or withdrawal mechanism for traders, as it functions solely as a tracking and staking instrument within the vault. Managed by bro.trade’s ProtocolContract, the token is distributed to reflect weekly volume and redistributed when a trader’s activity ceases or falls below the minimum threshold, with delegateWithdraw facilitating removal from the vault.
Stability is maintained operationally by bro.trade’s internal volume accounting logic, which enforces caps and wash-trade detection to prevent artificial distribution to single parties, ensuring the token accurately reflects genuine activity and supports a sustainable reward distribution over time and healthy distribution
- Are token contracts upgradable? Yes
- Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) 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…) Standard ERC20
- 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.
Required Data for Incentive Token:
- Name: Honey
- Symbol: $HONEY
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time.
bro.trade plans to allocate 150,000 $HONEY for incentives over an initial six-month period to remain competitive in receiving BGT emissions. Additionally, an allocation of an additional 100,000 $HONEY, to be distributed as needed across the first twelve months, totaling 250,000 $HONEY within that twelve-month timeframe. These allocations can adjust based on the BGT bribe market and incentives to ensure securing BGT emissions. As fee revenue from bro.trade increases with rising trading volume, a significant portion will be reinvested to increase incentives.
- Outline how decisions about token incentives are made: 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)
- 0x1b5A1095AEE4B9939Eb7Cd5b8316000553f5Cd9D
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
The bro.trade reward vault elevates perpetuals trading volume as a critical driver of Berachain’s Proof-of-Liquidity (PoL) flywheel by issuing rewards to traders based on their volume—a platform blending rapid, precise trading, deep liquidity, and on-chain reliability.
It holds the potential to attract traders from the leading chains favored by perp traders, channeling their liquidity to Berachain and fueling a cycle where trading generates vault rewards, profits are reinvested ecosystem-wide, and liquidity grows. Built for authentic activity, the vault positions Berachain as a top choice for PoL-powered perps trading versus other chains, establishing bro.trade as a compelling force among Berachain’s perpetuals platforms.
- Attracts Liquidity: Draws traders from major ecosystems with PoL rewards for their trading, bringing their capital to Berachain.
- Rewards Volume: Provides substantial incentives for trading activity, reinforcing the PoL flywheel.
- Drives Engagement: Encourages profit reinvestment and exploration of Berachain’s ecosystem offerings.
- Stands Out: Highlights Berachain as a preferred destination for perp trading over competing chains.
- Sustainability: Prioritizes authentic volume, ensuring long-term ecosystem health.
The bro.trade vault serves as a powerful example for perp traders, demonstrating that Berachain’s PoL extends beyond traditional DeFi by incentivizing volume on a perpetuals DEX, effectively aligning incentives for perp DEX users. An ongoing initiative targets derivatives and on-chain traders from Solana, Ethereum L2s, and Hyperliquid, integrating PoL to showcase Berachain’s superior consensus model to these sophisticated users. Success here will drive increased trading volume and fee revenue for bro.trade, with those funds amplifying BGT bribes, while education about Berachain’s DeFi opportunities can enhance ecosystem success.
Potential Volume / TVL:
- In a conservative scenario, assuming gradual onboarding amid healthy competition, bro.trade’s PoL mechanics and bropoints could leverage Berachain’s growing ecosystem to capture $15-45 million in daily volume within three months, rising to $75-120 million by six months—reflecting a cautious 5-10% slice of Vertex Edge’s current chain average, adjusted for initial adoption hurdles. In a bullish scenario, fueled by a 2025 market rally, rapid trader migration to Berachain for PoL rewards, and Vertex Edge’s deep liquidity, bro.trade could achieve $75-150 million in three months, scaling to $225-375 million by six months—potentially claiming a 30-50% share of Berachain’s perp market and aligning with Vertex Edge’s high-performing chains. These figures account for bro.trade’s unique positioning and the $8-15 billion daily perp DEX market as of March 3, 2025.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
Although this contract does not directly feed into any of the above-mentioned DeFi primitives, it indirectly drives ecosystem growth by incentivizing derivative trading activity on bro.trade, and thus will attract cross-chain users to bridge their assets to Berachain. The subsequent rewarding to users’ trading volume with $BGT will drive participation in validator delegation, liquid staking derivatives, and other DeFi protocols. The contract naturally enhances ecosystem growth by converting rewarded trading volume into liquidity inflows, validator activity, and cross-protocol utility, creating a self-reinforcing cycle of adoption and engagement.
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity?
Yes, bro.trade is actively building and seeking new partnerships within the Berachain ecosystem, for example, our integration with Ooga Booga to provide spot trading and Berally’s integration to expand their product offering. We are also collaborating with cross-chain projects to attract external liquidity and traders. A key example is the integration with Skate Finance, a cross-chain project deploying its derivatives vault on bro.trade, accompanied by co-marketing efforts to drive trading activity and capital inflows from other ecosystems.
By engaging both Berachain users and cross-chain users, bro.trade aims to expand its user base, enhance trading volume, and foster ecosystem growth. These efforts support the exploration of PoL-powered DeFi and trading, while creating synergies with Berachain-native projects to ensure sustained adoption and liquidity inflows.
Long-Term Vision:
- How could this reward vault evolve over time?
The reward vault could mature into a critical element of bro.trade’s Proof-of-Liquidity (PoL) system, crafted to draw perpetuals traders from diverse blockchain ecosystems targeting BGT emissions. By anchoring rewards to trading volume on bro.trade, the vault motivates liquidity inflows to Berachain, where successful trades produce profits in HONEY. These profits, held on-chain, enable engagement with integrated DeFi partner protocols, strengthening ecosystem cohesion. In parallel, the BGT emitted to traders can lead to increased validator delegation boosts; and optionally wrap into liquid variants like iBGT or LBGT for use in DeFi strategies. This sparks a self-reinforcing flywheel: elevated perp trading volumes increase on-chain inflows, reinforcing the vault’s role as a core PoL mechanic. Over time, it channels trader participation to Berachain and fuels ecosystem expansion, all aligned with volume-driven trader incentives.
7. Verification
