Request for Reward Vault btx50WBERA-50HONEY-WEIGHTED on BeraTrax

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: monobera@beratrax.com
  • Proposer’s project name: BeraTrax
  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): https://x.com/m0n0bera
  • Best Telegram Handle for questions/fixes: @m0n0bera

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): BeraTrax deployed and lists on its platform the requested vault.
  1. Protocol Details: Mobile yield aggregator & auto-compounder on Berachain
  • Protocol Name (Example: XYZ DEX): BeraTrax
  • Protocol Type (DEX/Lending/Staking/Derivatives/Other)
    • If other: please specify: Staking
  • Protocol X profile link: https://x.com/beratrax
  • Protocol docs link: https://docs.beratrax.com
  • Protocol audits links (multiple links): BeraTrax Smart Contract Audit | Cyberscope
  • Does the protocol have any relationship with current Berachain validators? Yes, we have a relationship with Infrared, THJ, and Lavender.Five

  1. Contract/Pool Details (this would be details about our vault)
  • Contract Name (Example: $EXAMPLE / $BERA)
    btx50WBERA-50HONEY-WEIGHTED
  • Contract Address: Insert the contract address.
    BeraTrax Vault WBERA | HONEY (btx50WBERA-50HONEY-W
  • Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract
    Standard ERC4626 Tokenized Vault contract
  • Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…)
    The vault contract deploys the funds to the HoneyWberaStrategy contract which deposit the Honey-Wbera LP into infrared’s staking vault, staking rewards (iBGT) are auto compounded through strategy contract
  • Contract Fees: Outline the fee structure (e.g., 10% of staking rewards)
    Contract takes 10% of staking rewards
  • Existing Liquidity / TVL: current liquidity and volume stats (if applicable).
    $1,898,753
  • Identify any address(es) controlling more than 10% of the contract shares
    (address / type: team, protocol-owned liquidity, etc.)

The following are users who control more than 30% of the vault shares each
0xBFaA278d37420DA2cDA6650D867a575Cf667eF4d
0x492A4a63f72ec04a3DA1Ec25084c492d5B520E8E

  • Is the contract upgradable?
    No

  • 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

    • (If yes, explain oracle dependency)

4. Token Details (this would be HONEY-wBERA & all its rewards)

Provide the following details for each token in the contract (up to 5):

For Major Tokens:
  • Name (Infrared BGT, WBERA | HONEY)
  • Symbol (iBGT, WBERA-50HONEY-WEIGHTED)
For Non-Major Tokens:
  • Name: (BeraTrax Vault WBERA | HONEY)
  • Symbol (btx50WBERA-50HONEY-WEIGHTED)
  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address
    BeraTrax Vault WBERA | HONEY (btx50WBERA-50HONEY-W
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
    This is a vault share token, it is minted based on the 50HONEY-WEIGHTED deposit proportional to its 50HONEY-WEIGHTED balance of the vault.
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)
    The following are users who control more than 30% of the vault shares each
    0xBFaA278d37420DA2cDA6650D867a575Cf667eF4d
    0x492A4a63f72ec04a3DA1Ec25084c492d5B520E8E
  • Does the project issuing the token have any relationship with current Berachain validators?
  • If yes, which one?
    No
  • Total Supply Cap (if any) None
  • Circulating Supply 564,005
  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other)
    Vault share
  • Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)
    ERC4626 vault share
  • Are token contracts upgradable?
    No
  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
    0x1cfe31Bfa1Ac9b28588C91BB4300A1ED032F069F
  • 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…)
    (If custom, provide a link to an audit.)
    ERC4626 standard token BeraTrax Smart Contract Audit | Cyberscope
  • 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

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time: 2,500 BERA (~$22,000) for the first month of incentives, after which we will re-assess based on treasury.
  • Outline how decisions about token incentives are made (DAO, multi-sig, etc): Currently decided by the core team, but the plan is to move these decisions to the hands of the project token holders once that token is live.
  • 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) 0x1cfe31Bfa1Ac9b28588C91BB4300A1ED032F069F

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain? This will increase liquidity to the underlying HONEY-wBERA pool which ultimately resides on BEX.
  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? YES, HONEY & wBERA
  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes, to both. It integrated with Infrared as well.

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract. The vault already has attracted $2m in liquidity, so we are hoping to steadily increase this figure, perhaps to $3m.
  • Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.) Just our commitment.

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? No

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity? Yes, we plan to co-market with Infrared.

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.) This vault is already drawing liquidity via a Jumper campaign, so our hope it to have it approved in time to give Jumper participants the ability to earn BGT and therefore, stay on Berachain as opposed to leaving & bridging to another platform.

7. Verification

Please post the following text with the provided X account:

Insert post link


Final Reminder

A successful RFRV hinges on demonstrating:

  1. Security: Low smart contract and token risk.
  2. Demand: Community and liquidity providers want this pair.
  3. 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!

Hi team, thanks for the proposal

A couple of concerns to address:

  • Reward Vault Address was not provided
  • Incentive amount is below the minimum threshold (USD 10,000 per month for a minimum duration of 2 months)
  • Is the reward vault redundant, if it is intended to deposit funds into Infrared which is in turn submitting into a BERA-HONEY reward vault which already exists? It wouldn’t make sense to incentivize the same capital twice.

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

Hello,

We can provide these details and corrections. Please let me know if you would like me to update the application directly with an edit, or should I just reply in the comments thread with updates?

Thank you

Hello Bera Labs Team,

To answer your points:

  • Apologies, it is now deployed. Here is the reward vault address: RewardVault | Address 0xa3c6BFfe3c2810E747824880B7916b3CF754D2c1 | BeraScan

  • For incentives, we can update “for the first month” to be “the first two months”

  • Regarding possible redundancy: our HONEY-wBERA Infrared vault deposits into the existing BERA-HONEY reward vault and compounds the iBGT yield generated from it. Since iBGT is a wrapped version of BGT, we understand that the emissions originate directly from that reward vault, and we’re not introducing any new capital streams that would be eligible for separate incentives.

This vault is meant to make participation easier and more accessible in key pool for the Berachain ecosystem. It supports zapping, handles compounding automatically, and will be the main touchpoint for users interacting with BGT rewards through our mobile app. For many users, this will be their first exposure to PoL on Berachain. From our side, the goal is to improve access—not to duplicate incentives.