Wanted to start a thread for community discussion around our first broposal / governance ask for the creation of an OHM/HONEY reward vault.
(Links have been [REDACTED] cause I’m only limited to 2. That said, happy to cite sources if there are specific ones you’d like to see)
General (non-BEX) RFRV
Reward Vault Request for OHM-HONEY
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
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Contract Name OHM / HONEY
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Contract Address: 0x75159c541BD49B1b6C51F5F3e796579e7CCCb071
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Contract Type / Configuration: Kodiak Island
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Describe how the contract works Concentrated Liquidity Position from $12 to infinity per OHM
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Contract Fees: 0.3% fee
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Existing Liquidity / TVL: $7.66m TVL / $50-500k daily volume
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Identify any address(es) controlling more than 10% of the contract shares
POL owned by 0x91494D1BC2286343D51c55E46AE80C9356D099b5 -
Is the contract upgradable? No
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Contract Control: Permissionless
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Additional details on Contract Control
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Is the contract verified? Yes
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Can the contract be paused? No
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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 HONEY
- Symbol HONEY
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:
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Name OHM + iBGT
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Symbol
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(if the name and symbol match one of the tokens already provided or a major token, skip the next steps)
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Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address -
Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
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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?
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Total Supply Cap (if any) and Circulating Supply
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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
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Are token contracts upgradable?
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Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
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Additional details on Token Control
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Is the token contract verified?
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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. 69,000 OHM in first 3 months - Can see this ratified on our Snapshot
- 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 0x91494D1BC2286343D51c55E46AE80C9356D099b5
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)? HONEY
- 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? Not for this pool
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!