1. Proposer Details
- Email: info@sumer.money
- Project Name: Sumer Money
- X Account: @SumerMoney
- Telegram Contact: Xiaohan Zhu
- Affiliation: Protocol team
2. Protocol Details
- Protocol Name: Sumer Money
- Type: Lending & Synthetic Asset Protocol
- X Profile: @SumerMoney
- Docs: Sumer Docs
- Audits: Audit Reports
- Relationship with Berachain validators: No
3. Reward Vault Details
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Vault Name: bSUMER
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Vault Address: 0x2ce23c67a3fb0b9c6c8e3546725871e74b2a08ab
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Contract Type / Configuration: Custom ERC20
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Describe how the contract works:
- Key Focus: Driving revenue from the Bera ecosystem by enabling capital-efficient user activity.
In alignment with our key focus, the bSUMER Reward Vault is an action based incentive vault. It will use staking of a dummy ERC-20 token to represent active user participation in deposits, borrows, looping, and sutoken minting strategies. This token:
* Has no market value * Requires no user interaction * Is auto-staked on behalf of users to help them accumulate BGT rewards * Resets weekly, based on pro-rata user activity in trailing week * Allows BGT rewards to be claimed and delegated via the Hub
This model is already live with other Bera ecosystem projects like bro.trade, Kuma, and Kettle.
- The components for bSumer include:
- Deposits
- Borrows
- SuToken Mint
- SuToken Liquidity
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Contract Fees: Up to 10% of staking rewards as protocol revenue
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Existing Liquidity / TVL:
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Major Token Holders:
- Currently none.
- Major Token Holders will depend on trailing weeks deposits, borrows, Sutoken mint and sutoken liquidity
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Contract Upgradeability: Yes, if distribution logic changes to aid activity and yield
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Contract Control: Multisig
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Contract Verification: Yes
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Contract Pause Capability: Yes
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Oracle Dependency: No
4. Staking Token Details
Non-Major Tokens:
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Name: BERA Sumer
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Symbol: bSUMER
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Contract Address: 0x30e148a79b898efa1ab1285f5eca71972a7e0ace
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Tokenomics, Distribution, and Vesting
bSUMER is a dummy ERC-20 staking token used solely to track and reward user participation in Sumer’.
Purpose: Represents user activity across deposits, borrows, looping strategies, and suToken minting on Sumer.
Utility: bSUMER is auto-staked on behalf of users in the Rewards Vault to accumulate BGT rewards. It enables claiming and delegation of BGT via the Berachain Hub.
Minting & Distribution:
- No market value or tradability.
- Auto-minted weekly based on pro-rata user activity (past 7 days).
- Automatically staked by the protocol—users take no action.
Reset Mechanism: All balances reset weekly to reflect current active participation.
Supply: Dynamic and unbounded — supply expands and resets weekly based on participation. There is no fixed cap or circulating supply.
Vesting: Not applicable. bSUMER is not held or owned—it only functions as a staking proxy for user activity and reward logic.
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Major Token Holders:
- Currently none.
- Major Token Holders will depend on trailing weeks deposits, borrows, Sutoken mint and sutoken liquidity
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Relationship with Berachain validators: No
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Total Supply Cap: None
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Circulating Supply:
- Currently none.
- Dynamic and resets weekly based on user activity. No fixed circulating supply, as bSUMER is auto-minted and auto-staked on behalf of users.
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Token Type: Governance / RV Staking Token
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Token Use Case: As mentioned above
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Token Upgradeability: Yes, for security reasons
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Token Control: Multisig
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Token Verification: Yes
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ERC20 Standard Compliance: Yes
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Token Pause Capability: Yes, for security reasons
5. Token / Project Background / Incentive Token Whitelist
- Incentive Token Name: Berachain
- Symbol: BERA
- Planned Allocation: $10,000 USD per month for a minimum of 2 months
- Token Control: Multisig
- Incentive Manager Address: 0x8cafd0397e1b09199A1B1239030Cc6b011AE696d
6. Growth, Community & Ecosystem Impact
Why This Contract Matters
Benefits to Berachain:
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Capital Efficiency for Native Assets:
Sumer enables users to loop correlated assets like iBERA, gBERA, BERA, and BGT derivatives (iBGT, LBGT, mBGT, etc.) through a correlation-aware risk engine—maximizing TVL and on-chain velocity without excess risk. -
Aligned Incentives:
bSUMER incentivizes productive user behavior—deposits, borrows, and looping of ecosystem-native assets—directly supporting Berachain’s Proof of Liquidity goals. -
Composable DeFi Layer:
By integrating major BERA and BGT derivatives as collateral, Sumer acts as a composable building block for other protocols, enhancing ecosystem interconnectivity and protocol-layer liquidity.
Potential Volume / TVL
- Current TVL: $100K without incentives
- Expected TVL Growth: Around $2-3M
Synergies with Other Protocols
While the bSUMER token itself is not designed for direct integration with other protocols (as it is action-based), Sumer maintains strong and growing synergies across the Berachain ecosystem through its support for native assets and integrations:
Supported Native Tokens:
- Infrared: iBGT, iBERA
- Beraborrow: NECT, sNECT
- Smilee Finance: gBERA
- Core Assets: BERA, HONEY
- and more BERA and BGT Derivatives
Protocol Integrations:
- DEX LP Support: Burrbear, Kodiak, BEX
- Staking & Yield: Infrared (deposit staking), Beraborrow (suBTC as collateral)
- Trading Pairs: suUSD with BERA/HONEY on Kodiak
- Collateral Routing & Liquidation: Magpie (aggregator enabling efficient swaps and liquidations)
These integrations position Sumer as a composable liquidity layer that supports and amplifies the use of Berachain-native assets across the ecosystem.
Marketing / Promotion
Sumer will actively work on building awareness and adoption through:
- Co-marketing with ecosystem partners, including Kodiak, Burrbear, Infrared, and Magpie
- Educational content on capital-efficient strategies using Berachain-native assets
- Ecosystem campaigns, such as Max Boop and Sumer Points
- Planned joint incentive programs with integrated protocols to boost user participation
These initiatives are designed to deepen user engagement with Berachain-native assets.
Long Term Vision
Sumer’s long-term vision is to drive revenue for Sumer from the Bera ecosystem while fueling value added and capital-efficient user activity of native Berachain tokens.
- Positioning bSUMER as the staking token to reward productive on-chain behavior (not idle capital)
- Serving as a capital-efficient DeFi primitive that enables looping, borrowing, and staking of BERA, BGT derivatives, and LSTs
- Expanding composability across the Berachain ecosystem by integrating additional native tokens as collateral
7. Verification
Required Post for X Verification:
Submitted Reward Vault Request for bSUMER [Sumer Reward Vault staking token] on protocol Sumer Money with incentive tokens BERA
Verification Post Link: Tweet