Reward Vault Request for aSUGAR-HONEY on BEX

1. Proposer Details

  • Proposer’s project name: BERAJI
  • Proposer’s email: haney@beraji.io
  • Proposer’s X account: https://x.com/Berajibears
  • Best Telegram Handle for questions/fixes (remember to enable DMs from non-contacts): @haneythebera

2. Protocol Details

  • Protocol Name: Beraji-KO
  • Protocol Type: Gamified Defi
  • Protocol X profile link: https://twitter.com/Berajibears
  • Protocol docs link: https://docs.beraji.com/
  • Beraji-KO after 1-week launch:
    ** 1000+ users
    ** 3000+ registered battles
    ** $1,300,000+ Total value staked
    ** 1100+ aSUGAR holders
    ** daily volume: 10K

Reward Vault and Staking Token Details

4. Token Details

For Major Tokens:
  • Name HONEY
  • Symbol HONEY
For Non-Major Tokens:
  • Name: aSUGAR
  • Symbol: aSUGAR
  • Contract Addresses: 0x804CF700De1e18f2411Bd05aad5fa10d60e1900f
  • Circulating Supply: real time aSUGAR circulating supply = max total supply which can be checked here
  • Token Type: LST
  • Provide extra details - aSUGAR is a liquid LST that functions both as receipts, leverage capital and a tradable asset - Details on all of these can be found on our Docs.

5. Token / Project Background / Incentive Token Whitelist:

  • Incentive token: BERA

  • Specify how many tokens you plan to allocate for incentives and over what period of time: 700 BERA per week from Beraji-KO weekly revenue/ game fee

  • Specify for how many weeks you plan to allocate incentives: 12 → 24 months

  • Outline how decisions about token incentives are made: multisig

  • Incentive Manager address: 0x38FDD49A22E84852521d2fBa11394CdA9Dd000Be


6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this pool benefit Berachain? The aSUGAR/HONEY pool is designed to provide liquidity for the novel liquid staking token (LST), aSUGAR. By enabling liquidity for aSUGAR, users staking blue-chip tokens and NFTs can leverage their capital to participate in various DeFi strategies on Beraji-KO like yield farming, betting and beyond protocol such as trading and liquidity provision.

  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? Yes, deepen HONEY liquidity (bet currency) and increase BERA demand (single-sided BERA pool & BERA as game fee)

  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes, aSUGAR can be minted by staking over 20 different bluechip assets, including both NFTs and tokens from across the Berachain ecosystem.

  • Potential Volume / TVL:
    phase 1: 1M liquidity in LP pool with 10M liquidity staked on the platform
    phase 2: 2M liquidity in LP pool with 50M liquidity staked on the platform

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? Yes, Beraborrow, Infrared and BeraPaw

  • Are there plans to co-market with another project to bootstrap liquidity? yes, 11 projects have the staking pool on Beraji-KO

  • Long-Term Vision: a game-changing mechanism for nft liquid staking and single-sided token staking on berachain → break defi entry barriers via 1-step staking and retain users via gamification → increase berachain distribution funnel


7. Verification

2 Likes

brilliant invention, aSUGAR will open the NFT-Fi era.