Request for WBTC:SOLVBTC:XSOLVBTC Reward Vault (BurrBear Protocol)

Reward Vaults
1

Request for WBTC:SOLVBTC:XSOLVBTC Reward Vault

1. Proposer Details

  • Email: drew@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/drewwph

  • Best Telegram Handle for questions/fixes @ingcoph

  • 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

2. Protocol Details

3. Contract/Pool Details

4. Token Details

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

Major Token #1:

  • Name: SolvBTC

  • Symbol: SolvBTC

  • Token Contract Addresses (on Berachain and bridging addresses if cross-chain): 0x541fd749419ca806a8bc7da8ac23d346f2df8b77

Major Token #2:

  • Name: xSolvBTC

  • Symbol: xSolvBTC

  • Token Contract Addresses (on Berachain and bridging addresses if cross-chain): 0xcc0966d8418d412c599a6421b760a847eb169a8c

Major Token #3:

  • Name: WBTC

  • Symbol: WBTC

5. Incentive Tokens

Required Data for Incentive Token:

Incentive Token #1:

  • Name: SolvBTC

  • Symbol: SolvBTC

  • Incentive Manager Address: 0xc25593335A90bdc0BB04d57C04F772580f69800A

Incentive Token #2:

  • Name: Infrared BGT

  • Symbol: iBGT

  • Incentive Manager Address: 0xc25593335A90bdc0BB04d57C04F772580f69800A

Incentive Token #3

Smilee, Blockhunters and many more validators via pool partners who will be bribing on burrbear gauges

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: 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 → 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) Address: 0xc25593335A90bdc0BB04d57C04F772580f69800A

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?

Enabling BGT emissions to this pool will bootstrap TVL for major BTC assets (xSolvBTC, SolvBTC, WBTC) on Berachain, attracting multi-chain BTC holders to Berachain and diversifying the DeFi space.

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

Yes - WBTC

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

Yes. The pool drives the adoption of Solv Protocol and their BTC assets - SolvBTC, xSolvBTC.

  • Potential Volume / TVL:

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

  • Highlight any known liquidity commitments.

$60M TVL

  • Synergies with Other Protocols:

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

Yes. The contract will feed into yield aggregators and liquid staking derivatives on Berachain.

  • Marketing / Promotion:

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

Yes incentives are co-provided between BurrBear and Solv.

  • Long-Term Vision:

  • How could this reward vault evolve over time?

This reward vault will first grow liquidity for BTC assets on Berachain, offering users an efficient, high-yielding asset ideal for collateral across Bitcoin DeFi. The RV will drive capital-efficient utilization, powering the flywheel of Berachain’s growth engine.

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]”

https://x.com/drewwph/status/1975820152047579614?s=61

Addendum:

We will be migrating liquidity from the previously whitelisted pool (Pool Link & RFRV) to this newly deployed boosted pool (https://app.burrbear.io/pools/berachain/v3/0x112f90f7237cb7915a5833c9bb3acea6f9c127c4). The new pool is a boosted pool, forked from Balancer v3, which enables users to earn additional yields on their idle assets through yield-bearing tokens integrated via Dolomite.

2

Hi team, at the time of review, the following concerns were identified:

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 appropriate updates, this application would be in a better position for Reward Vault consideration.