Request for BURR:NECT Reward Vault

Request for BURR:NECT Reward Vault

Reward Vault Request for BURR:NECT Pool

1. Proposer Details

  • Email: gram@burrbear.io
  • Proposer’s project name: BurrBear
  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) https://x.com/babbysfirstnft
  • Best Telegram Handle for questions/fixes @babbysfirstnft

The proposer should be affiliated with the protocol or at least one of the tokens in the contract.

  • Affiliation (protocol / one of the tokens in the contract): BurrBear team
  1. Protocol Details
  • Protocol Name: BurrBear
  • Protocol Type: DEX
  • Protocol X profile link: **https://x.com/moneygoesburr**
  • Protocol docs link: **https://docs.burrbear.io/**
  • Protocol audits links (multiple links): **Audits | BurrBear https://docs.burrbear.io/contract-audits/audits , Boyco Audit | BurrBear https://docs.burrbear.io/contract-audits/boyco-audit
  • Does the protocol have any relationship with current Berachain validators? Yes

  1. Contract/Pool Details
  • Contract Name BURR:NECT Pool
  • Contract Address: 0xc4c039178a79e614609e592d7689ecb3107758b1
  • Contract Type / Configuration: Standard AMM Pool
  • Describe how the contract works: Multi Token Constant Product forked from Balancer v2 Weighted Pool
  • Contract Fees: Outline the fee structure: LPs earn fees taken from trades.
  • Existing Liquidity / TVL: $90k TVL as of July 2, 2025**.
  • Identify any address(es) controlling more than 10% of the contract shares: BurrBear and Beraborrow teams have seeded initial liquidity. More liquidity is expected to flow in once pool is officially announced. .
  • Is the contract upgradable? No
  • Contract Control: Multisig
  • Is the contract verified? Yes
  • Can the contract be paused? Swaps can be paused during emergency scenarios, but removing liq will always be functional
  • 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 Non-Major Tokens:
  • Name: BurrBear Governance Token
  • Symbol: BURR
  • Contract Addresses: 0x28e0e3B9817012b356119dF9e217c25932D609c2
  • Tokenomics, Distribution, and Vesting: Tokenomics | BurrBear https://docs.burrbear.io/tokenomics/tokenomics, Emissions Schedule | BurrBear https://docs.burrbear.io/tokenomics/emissions-schedule
  • Identify any address(es) controlling more than 10%
  1. Team multisig 0xf215001faD7b5819eEb414bC0d15810EA208fd5C. See allocation breakdown Tokenomics | BurrBear https://docs.burrbear.io/tokenomics/tokenomics
  2. Burned token address (total 10% burned already) ~ 0x000000000000000000000000000000000000dEaD
  • Does the project issuing the token have any relationship with current Berachain validators? Yes
  • Total Supply Cap (if any)

100m (90m now after first burn)

  • Circulating Supply 73.5M
  • Token Type: Governance token
  • Provide extra details

BURR is the governance token for the BurrBear DEX https://docs.burrbear.io/tokenomics/governance

  • Token Control: multisig until full governance/permissionless rollout

  • 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

  • Can the token be paused? No


  • Name: Nectar
  • Symbol: NECT
  • Contract Addresses: 0x1ce0a25d13ce4d52071ae7e02cf1f6606f4c79d3
  • Tokenomics, Distribution, and Vesting: NA, Its a stablecoin https://beraborrow.gitbook.io/docs/nect-stablecoin/what-is-nectar-usdnect
  • Identify any address(es) controlling more than 10%

(address / type: team, foundation, investor, etc.)

$sNECT vault on BeraHub is the only controller of >10% NECT.
https://hub.berachain.com/vaults/0x1161e6a6600c08c21cff7ac689e781b41db56d85/

  • Does the project issuing the token have any relationship with current Berachain validators? Infrared, THJ, Kodiak, Smillee, apDAO, Validation Cloud.
  • Total Supply Cap (if any)

NA, NECT is a stablecoin minted off of collateral, as collateral is supplied

  • Circulating Supply 4,717,559
  • Token Type: Stablecoin
  • Provide extra details

Deposit collateral, mint NECT. redeem NECT for collateral → https://beraborrow.gitbook.io/docs/nect-stablecoin/what-is-nectar-usdnect

  • Token Control: Permissionless
  • Additional details on Token Control: 90% permissionless 10% multisig
  • Is the token contract verified? Yes
  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)

**Custom: Audits | Beraborrow https://beraborrow.gitbook.io/docs/audits/audits

  • Can the token be paused? No

5. Incentive Token #1

Required Data for Incentive Token:

Incentive Token #1

  • Name: Burr Governance Token
  • Symbol: BURR
  • Token Contract Addresses 0x28e0e3B9817012b356119dF9e217c25932D609c2
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)

Tokenomics | BurrBear https://docs.burrbear.io/tokenomics/tokenomics , Emissions Schedule | BurrBear https://docs.burrbear.io/tokenomics/emissions-schedule

  • Identify any address(es) controlling more than 10%
  1. Team multisig 0xf215001faD7b5819eEb414bC0d15810EA208fd5C. See allocation breakdown Tokenomics | BurrBear https://docs.burrbear.io/tokenomics/tokenomics
  2. Burned token address (total 10% burned) ~ 0x000000000000000000000000000000000000dEaD
  • Does the project issuing the token have any relationship with current Berachain validators? Yes
  • Total Supply Cap (if any) and Circulating Supply
    Total Supply: 100M with 10M Burned
    Circulating Supply on TGE: 26% sold to community
  • Token Type: Governance
  • If either token is a native stablecoin, LST, or governance token, provide extra details on Use case, Redemption mechanics, Peg stability: Governance | BurrBear https://docs.burrbear.io/tokenomics/governance
  • Are token contracts upgradable? No
  • Token Control: Multisig pre TGE
  • Additional details on Token Control: Governance post TGE
  • 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

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time.
    $10,000 USD worth of $BURR per week to start, to be increased in steps as TVL grows.
  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.).

Multisig pre TGE, then post TGE full tokenomics will be made available to transition to DAO governed incentives management. Read more here → Governance | BurrBear https://docs.burrbear.io/tokenomics/governance

  • 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) 0xbDfFE2362e1a048CB4ba3aAa2Fb93b705D15B2a6

Incentive Token #2

  • Name: POLLEN
  • Symbol: POLLEN
  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address: 0xc99e948e9d183848a6c4f5e6c1d225f02f171d79
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.) https://beraborrow.gitbook.io/docs/pollen/what-is-pollen
  • Identify any address(es) controlling more than 10% (address / type: team, foundation, investor, etc.): POLLEN HOLDERS (https://docs.google.com/spreadsheets/d/1e8A7UCXRr9hOIBxnsrSatM2mUxJ44M5kPDyUSWdoDFk/edit?usp=sharing)
  • Does the project issuing the token have any relationship with current Berachain validators? Yes
  • If yes, which one?: Infrared, THJ, Kodiak, Smilee, apDAO, Validation Cloud.
  • Total Supply Cap (if any): 420,000,000
  • Circulating Supply: 106,140,687
  • Token Type: Governance
  • If either token is a native stablecoin, LST, or governance token, provide extra details on Use case:
  • POLLEN is the Beraborrow governance token, enabling active participation in the protocols governance and liquidity incentives.
  • It serves as a way for the protocol to utliise Proof of Liquidity to further the adoption of NECT, without having to create a new rewards vault for every NECT (our stablecoin) use case.
  • POLLEN is a means to increase exposure to Berachain governance through the utility of the Beraborrow protocol.
  • Creating a flywheel where more NECT utility enables more users to use Beraborrow for leverage, thus increasing total interest rates/fees to the Rewards Vault meaning more value can be passed through to incentivise liquidity. And the flywheel repeats.* Are token contracts upgradable?
  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
  • 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…) Yes - standard ERC20
  • Can the token be paused? No

Additional Requirements:

  • Specify how many tokens per week you plan to allocate for incentives: 400000
  • Specify for how many weeks you plan to allocate incentives: We plan to incentivise indefinitely but 8 weeks with the amount above and then we will look to shift to dynamic incentives.
  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.). 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)
    0xbDfFE2362e1a048CB4ba3aAa2Fb93b705D15B2a6

Incentive Token #3

  • Name: Nectar
  • Symbol: NECT
  • Token Contract Addresses 0x1cE0a25D13CE4d52071aE7e02Cf1F6606F4C79d3
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)

NA, It’s a stablecoin https://beraborrow.gitbook.io/docs/nect-stablecoin/what-is-nectar-usdnect

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

$sNECT vault on BeraHub is the only controller of >10% https://hub.berachain.com/vaults/0x1161e6a6600c08c21cff7ac689e781b41db56d85/

  • Does the project issuing the token have any relationship with current Berachain validators? Infrared, THJ, Kodiak, Smillee, apDAO, Validation Cloud.
  • Total Supply Cap (if any)

NA, NECT is a stablecoin minted off of collateral, as collateral is supplied

  • Circulating Supply 4,717,559
  • Token Type: Stablecoin
  • If either token is a native stablecoin, LST, or governance token, provide extra details on Use case, Redemption mechanics, Peg stability:
    Deposit collateral, mint NECT. redeem NECT for collateral → https://beraborrow.gitbook.io/docs/nect-stablecoin/what-is-nectar-usdnect
  • Are token contracts upgradable? No
  • Token Control: 90% permissionless 10% multisig
  • Additional details on Token Control: Governance post TGE
  • Is the token contract verified? Yes
  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…) Custom: Audits | Beraborrow https://beraborrow.gitbook.io/docs/audits/audits
  • Can the token be paused? No

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time.

NECT will be bribed as a backup to BURR at the same USD equivalent rate when BURR is not used for bribing.

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

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)
    0xbDfFE2362e1a048CB4ba3aAa2Fb93b705D15B2a6

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?

The BURR:NECT Reward Vault will significantly bolster Berachain’s ecosystem by deepening liquidity for NECT, a cornerstone stablecoin, thereby enhancing the chain’s capacity to support diverse DeFi applications. By incentivizing liquidity provision with BURR tokens, the vault will attract a wide range of participants, from retail users to institutional players, fostering a vibrant community and driving trading volume. This increased activity will solidify Berachain’s position as a leading DeFi hub, encouraging further protocol development and integration.

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

Yes, it will add additional utility for users to lock liquidity in BeraBorrow and mint NECT to further generate downstream economic benefits for the bera ecosystem

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

Yes, the BURR:NECT pool further helps drive volume between BurrBear’s BTC 3pool and the stablecoin 4pool (USDC:HONEY:USDT:NECT) where BURR serves as the intermediary token. Connecting routes in this way ensures that volume can flow between major assets on Berachain.

Potential Volume / TVL:

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

the BURR:NECT pool is projected to grow to $500k TVL within three months, driven by community incentives and strategic partnerships. The pool aims to achieve $1M in trading volume in the short term, and scaling as adoption grows.

  • Highlight any known liquidity commitments.

The BurrBear and Beraborrow teams haves co-seeded 90% of the initial liquidity, with commitments from both teams BeraBorrow to add more liquidity and further boost TVL.

Synergies with Other Protocols:

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

Yes, the BURR:NECT pool is designed to integrate seamlessly with Beraborrow, a key lending platform on Berachain.

Marketing / Promotion:

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

Yes incentives are co-provided between BurrBear and Beraborrow.

Long-Term Vision:

  • How could this reward vault evolve over time?

The BURR:NECT Reward Vault is designed to evolve into a foundational liquidity hub for Berachain, initially focusing on stablecoin pairs like NECT to ensure robust DeFi infrastructure.

7. Verification

Please post the following text with the provided X account:

Hi team, at the time of review, the following concern was identified:

• The pool does not meet the TVL requirement for the base major asset (NECT), which must maintain at least $50,000 in liquidity as specified in the guidelines: Berachain Reward Vault Requirements & Guidelines | Berachain Core Docs

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 and clarifications implemented, this application should be a better candidate for a Reward Vault.

Good to see NECT utlisation growing across the ECO!

Hi @BeraLabsTeam , thanks for your review.
I’m pleased to inform you that the current liquidity for NECT is at $50,000 as of Jul 7, 2025.
Pls see BurrBear