One more thread for community discussion around our second broposal / governance ask for the creation of an OHM/BERA reward vault.
General (non-BEX) RFRV
Reward Vault Request for OHM-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 zeus@olympusdao.finance
- Proposer’s project name Olympus
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) @ohmzeus
- Best Telegram Handle for questions/fixes @nicnombre
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) Founder of Olympus/OHM
- Protocol Details
- Protocol Name Olympus
- Protocol Type Community Money
- Protocol X profile link https://twitter.com/OlympusDAO
- Protocol docs link https://docs.olympusdao.finance/
- Protocol audits links - On Doc Link above.
- Does the protocol have any relationship with current Berachain validators? Infrared & THJ
- Contract/Pool Details
- Contract Name: OHM/BERA Kodiak Island
- Contract Address: 0xc227c8639a41db8393dd1b4eac41464a62d64fb4
- Contract Type / Configuration: AMM (UNIv3)
- Describe how the contract works Contract was set up using Kodiak’s Infrastructure.
- Contract Fees: 0.3% fee on swaps
- Existing Liquidity / TVL: ~USD $908k
- Identify any address(es) controlling more than 10% of the contract shares: None
- Is the contract upgradable? No
- Contract Control: Permissionless
- Additional details on Contract Control
- 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 Major Tokens:
- Name BERA
- Symbol BERA
For Non-Major Tokens:
- Name Olympus
- Symbol OHM
- Contract Addresses (on Berachain and bridging addresses if cross-chain):
0x18878Df23e2a36f81e820e4b47b4A40576D3159C Berachain
0x64aa3364f17a4d01c6f1751fd97c2bd3d7e7f1d5 Mainnet - Tokenomics, Distribution, and Vesting
- Identify any address(es) controlling more than 10%
0x245cc372C84B3645Bf0Ffe6538620B04a217988B DAO
0xF65A665D650B5De224F46D729e2bD0885EeA9dA5 Association
0x0858e2B0F9D75f7300B38D64482aC2C8DF06a755 POL - Does the project issuing the token have any relationship with current Berachain validators? Yes
- If yes, which one? Infrared & THJ
- Total Supply Cap (if any) No cap
- Circulating Supply 15,455,000
- Token Type:
Money - Provide extra details - Cooler Loans, Emissions Manager, Yield Repo Facility - Details on all of these can be found on our Docs.
- Are token contracts upgradable? On Berachain yes, on mainnet no
- Token Control: Mainnet OCG + Berachain MS
- 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 with 9 decimals - 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 BERA + iBGT
- Symbol
- (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 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
- Identify any address(es) controlling more than 10%
(address / type: team, foundation, investor, etc.) - Does the project issuing the token have any relationship with current Berachain validators?
- Total Supply Cap (if any) and Circulating Supply
- Token Type:
(Governance, Utility, Memecoin, Stablecoin, LST, Other) - If either token is a native stablecoin, LST, or governance token, provide extra details on Use case, Redemption mechanics, Peg stability
- Are token contracts upgradable?
- Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
- Additional details on Token Control
- Is the token contract verified?
- 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.) - Can the token be paused?
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time. The Olympus community has approved spending up to 2,000,000 OHM for incentives in FY25. Kodiak is also incentivizing this vault. Snapshot and proposal can be seen here: https://snapshot.box/#/s:olympusdao.eth/proposal/0x7f47a71a844d4a122c96d9fb9dc27c88a2d4d5c6a5e9d2485d97fa22e69ac4a7
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.). Association MS executes & handles details on behalf of mainnet governance
- Incentive Manager address: https://beratrail.io/address/0x3c8e4d4324f7ab2e3238c23a2838a762ecb7051d
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
- How will this contract benefit Berachain? Olympus has brought a significant amount of protocol-owned liquidity to Berachain and intends to bring more, as well as build pools with ecosystem projects and help them reduce their cost of attracting liquidity through reward vault incentives.
- Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? BERA
- Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes, OHM
Potential Volume / TVL:
- Provide metrics or estimates on liquidity you expect to attract. $30-50m liquidity
- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.) Olympus is approved to bring POL on Berachain up to $50m. - Can see this ratified on our Snapshot
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? No (that I know of)
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity? Yes. We are in a partnership with Kodiak to con-incentivize this Pool (Making it a sweetened island). This is already live.
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.) Our intent is to make OHM the most liquid and utilized/routed asset on chain.
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 - On Zeus’s Twitter
Final Reminder
A successful RFRV hinges on demonstrating:
- Security: Low smart contract and token risk.
- Demand: Community and liquidity providers want this pair.
- 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!