Reward Vault Request for beraETH-STONE on Kodiak

Reward Vaults
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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 funky@dinero.xyz
  • Proposer’s project name Dinero Protocol
  • Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) @_funkyjunky
  • Best Telegram Handle for questions/fixes @funky0x

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)
    • beraETH
  1. Protocol Details
  1. Contract/Pool Details

  • Contract Name (Example: $EXAMPLE / $BERA) STONE/beraETH

  • Contract Address: Insert the contract address. https://beratrail.io/address/0xcb7142f79d4ec5329a6a99bc9aaac84525652426

  • Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract

    • Uni v3 AMM

  • Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…)

  • Contract Fees: Outline the fee structure (e.g., 10% of staking rewards)

    • 0.05%

  • Existing Liquidity / TVL: current liquidity and volume stats (if applicable).

    • $73.5M TVL
    • C. $1000k Volume

  • Identify any address(es) controlling more than 10% of the contract shares
    (address / type: team, protocol-owned liquidity, etc.)

  • Is the contract upgradable?

    • No

  • Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)

  • Additional details on Contract Control

  • Is the contract verified?

    • Yes

  • Can the contract be paused?

    • Yes

  • Does the contract rely on oracles?

    • No
    • (If yes, explain oracle dependency)

4. Token Details

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

For Major Tokens:
  • Name
  • Symbol
For Non-Major Tokens:

  • Name Berachain Staked ETH

  • Symbol beraETH

  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address https://beratrail.io/token/0x6fc6545d5cDE268D5C7f1e476D444F39c995120d/

  • 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?

    • No

  • If yes, which one?

  • Total Supply Cap (if any)

    • N.a.

  • Circulating Supply

    • 21,070.10

  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other)

  • Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)

    • beraETH is natively minted on Berachain with WETH on Berachain or Ethereum mainnet and represents ETH staked on the Beacon chain
    • beraETH provides users and protocols easy access to Ethereum staking yield and aims to replace WETH as a more capital efficient alternative
    • beraETH is an index token, the ratio of beraETH to pxETH increases as staking yield accrues
    • beraETH can be redeemed for pxETH which can be redeemed 1:1 for ETH, ensuring strong peg stability
    • Enso integration allows for easy redemption on Berachain directly

  • Are token contracts upgradable?

    • Yes

  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)

  • 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…)

  • Can the token be paused?

    • Yes

  • Name StakeStone Ether

  • Symbol STONE

  • 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?

    • No

  • If yes, which one?

  • Total Supply Cap (if any)

    • N.a.

  • Circulating Supply

    • 62,897.75

  • Token Type:
    (Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other)

  • Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)

    • Use Case: STONE is a yield-bearing, non-rebasing ERC-20 token representing staked ETH, enabling cross-chain liquidity and integration with DeFi applications.
    • Redemption Mechanics: Users can redeem STONE for ETH based on the contract’s internal pricing, with options for standard withdrawals (lower fees, waiting period) or instant withdrawals (higher fees, potential slippage).
    • Peg Stability: STONE maintains its value through smart contract pricing, arbitrage incentives, and direct redemption mechanisms, ensuring alignment with its underlying staked ETH value.

  • Are token contracts upgradable?

    • No

  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)

  • 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…)

    • No (on depositing and withdrawing)

  • Can the token be paused?

    • Yes

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.

DINERO

  • Budget: 3,000,000 DINERO over 12 weeks
  • Incentives Decisions: Policy Committee appointed by DAO
  • Incentive Manager address: 0x3d97E13A1D2bb4C9cE9EA9d424D83d3638F052ad

BERA

  • Budget: 12,000 BERA over 12 weeks
  • Incentives Decisions: Policy Committee appointed by DAO
  • Incentive Manager address: 0x3d97E13A1D2bb4C9cE9EA9d424D83d3638F052ad

Required Data for Incentive Token:

  • Name Dinero Governance Token

  • Symbol DINERO

  • (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?

    • No

  • Total Supply Cap (if any) and Circulating Supply

    • Total Supply Cap: 1,300,000,000
    • Circulation Supply: 655,494,168

  • 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

    • DINERO is a functional multi-utility token used as the native governance token and for economic incentives. These incentives are distributed to encourage users to contribute and participate in the ecosystem, thereby creating a mutually beneficial system where every participant is fairly compensated for their efforts.
    • DINERO is integral and indispensable to the Dinero Protocol. Without DINERO, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem. Additional
    • DINERO will be awarded to a user based on actual usage, activity, and efforts made on Dinero, or proportionate to the frequency and volume of transactions. Users of Dinero and/or holders of DINERO who do not actively participate will not receive any DINERO incentives.

  • Are token contracts upgradable?

    • No

  • Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)

  • Additional details on Token Control Ownership revoked

  • 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.)

  • Can the token be paused?

    • No

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time.
  • Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
  • 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)

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?

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

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

  • Expands Berachain’s Staked ETH Liquidity: A beraETH/STONE pool on Kodiak would significantly increase liquidity for liquid staked ETH assets, making it easier for users to trade between Berachain’s native beraETH and STONE. This reduces fragmentation, enhances capital efficiency, and makes Berachain a more attractive hub for ETH staking and DeFi activity.

  • Strengthens Berachain’s Native DeFi Ecosystem: By deepening the liquidity of beraETH and STONE, the pool enhances their usability across Berachain’s DeFi stack, including lending protocols, perpetuals, and automated yield strategies. This ensures that users can move between staked ETH derivatives with minimal slippage, making Berachain a more competitive and robust staking ecosystem.

  • Supports Core Trading Pairs & Cross-Chain Integrations: The pool helps establish STONE as a key staked ETH asset within Berachain, improving composability with other protocols and enabling integrations with Berachain-native projects. It also strengthens Berachain’s position as a multi-chain hub for staked ETH by attracting cross-chain liquidity from STONE’s LayerZero-based omnichain functionality.

  • Increases Liquidity Incentives & Economic Activity: A well-supported beraETH/STONE pool creates opportunities for liquidity providers (LPs) to earn fees and incentives, attracting more capital into Berachain. As trading activity grows, Kodiak’s AMM benefits from higher volume, reinforcing Berachain’s reputation as a liquid, high-yield environment for both traders and stakers.

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract.
    • $100m+ based on benchmark pools
  • Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)
    • Pool has already been bootstrapped by Dinero DAO and Stakestone

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
    • Enhances Lending & Borrowing on Dolomite & BeraBorrow: A deep beraETH/STONE pool increases liquidity for ETH staking derivatives, enabling STONE and beraETH to be used as collateral for borrowing, leveraged staking, and yield farming strategies. LP tokens could also be integrated as collateral for borrowing stablecoins or other assets within Berachain’s lending markets.
    • Boosts Yield Aggregators & Staking Derivatives: Berachain-native yield aggregators can optimize liquidity provisioning strategies for the beraETH/STONE pool, compounding rewards from trading fees and incentives. Additionally, this liquidity strengthens the ecosystem for liquid staking derivatives (LSDs), allowing seamless swaps between different staked ETH assets across Berachain.

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity?
    • Dinero DAO and Stakestone will collaborate for marketing

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.)
    • Core Liquidity Pair for beraETH & STONE: The beraETH/STONE pool will evolve into a primary liquidity source on Berachain, facilitating seamless swaps between staked ETH derivatives and ensuring efficient price discovery within the ecosystem.

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

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!

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Pool has been whitelisted