Reward Vault Request For GRQ-WBERA LP Vault

Reward Vaults
1

banner
banner1500×500 238 KB

GRQ-WBERA Reward Vault Proposal

Introduction

GRQ Protocol is requesting the whitelisting of the GRQ-WBERA reward vault to enhance liquidity incentives and strengthen integration with berachain’s Proof of Liquidity (PoL) ecosystem.

Protocol Overview

GRQ is a parody-powered financial experiment designed for degens, dreamers, and anyone who’s ever ignored a “DYOR” warning. Behind the meme-friendly exterior lies innovative tokenomics built to reward loyalty and create sustainable value.

As an advanced Tomb Finance fork, GRQ introduces several key innovations:

  • Native Token Fee Mechanism: When users claim protocol rewards, they pay fees in berachain’s native token, creating a consistent flow of ecosystem value

  • Proof of Liquidity Integration: These fees directly incentivize our berachain PoL reward vaults, connecting our protocol to the broader ecosystem governance

  • Loyalty-Rewarding Design: Our unique mechanics reward long-term stakers while implementing measured disincentives for short-term speculation

GRQ_Infinite_Wealth_Flywheel_v5
GRQ_Infinite_Wealth_Flywheel_v51920×1080 102 KB

How This Benefits berachain

Our protocol’s integration with PoL reward vaults creates a mutually beneficial relationship with the berachain ecosystem through several key mechanisms:

  • Fee Recycling: Our innovative claim fee structure captures WBERA from users and directs it directly into PoL vaults, creating a continuous flow of native token incentives without requiring additional emissions from the project treasury.

  • PoL Participation Expansion: By seamlessly onboarding our users to berachain’s PoL system, we introduce new participants who might otherwise not engage directly with governance or liquidity provision. This broadens the base of active ecosystem participants.

  • Sustainable Liquidity Model: Unlike temporary incentive programs, our protocol creates persistent economic incentives for maintaining deep liquidity pools, supporting berachain’s broader goal of sustainable market depth and stability.

  • Cross-Chain User Acquisition: As the first tomb fork on berachain, our initial focus is strategic user acquisition. We aim to attract as many experienced DeFi users as possible from other chains, effectively jumpstarting berachain’s defi degen ecosystem.

GRQ_Leveraged_Fee_Example_1_v4
GRQ_Leveraged_Fee_Example_1_v41920×1080 129 KB

WBERA Liquidity Enhancement

Our protocol directly deepens WBERA liquidity through multiple mechanisms:

  • WBERA Pair Concentration: Our primary liquidity pools pair with WBERA, creating significant and concentrated liquidity for the native ecosystem token.

  • Fee-Driven Accumulation: Our protocol accumulates substantial WBERA through our claim fee mechanism and redirects these assets to further incentivize liquidity depth rather than converting to other assets.

  • Compounding Incentives: The dual-reward structure (protocol rewards + BGT) creates compounding incentives for WBERA liquidity providers, making our pools increasingly attractive as the protocol scales.

Strategic Integration

Proof of Liquidity reward vaults represent a cornerstone of our protocol’s tokenomic design. These reward vaults serve multiple strategic purposes:

  1. Enhanced Yield Opportunities: By incorporating PoL vaults, we significantly enhance the attractiveness of our LP staking mechanism, offering competitive yields that exceed those of standalone protocols.

  2. Economic Flywheel: The integration establishes a self-reinforcing economic flywheel where stakers receive multi-layered rewards—protocol-native tokens supplemented by berachain’s BGT rewards—creating a compelling value proposition for liquidity providers.

  3. Ecosystem Alignment: This mechanism elegantly aligns our protocol with berachain’s governance and PoL frameworks, positioning our community as active participants in the broader ecosystem.

Technical Implementation

Our ShareRewardPool contract contains several innovative implementations:

  • Native Fee Structure: Users pay a fee in native tokens (BERA) when claiming rewards, calculated based on the WBERA value of pending rewards.

  • Flexible Oracle Implementation: Standard time-weighted average price (TWAP) functionality with added flexibility to handle early-stage liquidity conditions.

  • TokenVault with Time-Based Accrual: Rewards are stored in a TokenVault with a time-based accrual system that ensures sustainable distribution.

  • LP Token Delegation: LP tokens are delegated via delegateStake and delegateWithdraw functions, enabling users to earn additional rewards from berachain’s reward vaults.

Vault Details

Icon_GRQ_Vault
Icon_GRQ_Vault1024×1024 146 KB

  • Vault Name: GRQ-WBERA on grq.institute
  • Vault Address: 0xa7782ff04dE0E7F7084EedB364F485efeD3fcc49
  • Staking Token: Kodiak v2 LP (0x68Cac522833F38E088EEC5e356956C02F0268063)
  • Current TVL: ~$250K (approximately half in WBERA)
  • Tokens in LP: GRQ (0xcA9088895e3390E503cac9ae95abaccdba20822e) and WBERA

Incentives Structure

  • Incentive Token: WBERA
  • Incentives: 5k USD worth of WBERA, followed by mid 4-figures weekly
  • Incentive Duration: Minimum one year
  • Source of Incentives:
    1. Project treasury
    2. Automated protocol fee recycling (collected when users claim GRQ rewards)
  • Incentive Management: 4/5 multisig (0xdeF74728ACA131b0Fd4Eb1d829124bA1E1dFc920)

Conclusion

We believe the GRQ-WBERA reward vault represents a win-win addition to the berachain ecosystem. It combines user acquisition with sustainable liquidity mechanisms while integrating deeply with berachain’s innovative PoL framework.

We’re excited to work with the berachain community to implement this reward vault and contribute to the growing DeFi ecosystem.

RFRV: GRQ-WBERA Reward Vault Request

1. Proposer Details

2. Protocol Details

  • Protocol Name: Get Rich Quick

  • Protocol Description:

    A parody-powered financial experiment designed for degens, dreamers, and anyone who’s ever ignored a “DYOR” warning.

    GRQ is a tomb finance fork with innovative mechanics. Leveraging a novel fee system and PoL reward vaults.

    With fees collected in native tokens when users claim protocol rewards, we incentivize our corresponding reward vaults.

    This allows us to reward loyal stakers and penalize short term investors.

  • Protocol audits links:

  • Protocol URL: GRQ - Get Rich Quick Institute

  • Protocol Logo URL: https://github.com/grq-institute/static/blob/main/Logo%20-%20Black%20Background.png?raw=true

3. Reward Vault and Staking Token Details

4. Tokens Information

Token 1

  • Name: GetRichQuick
  • Symbol: GRQ
  • Token Contract Address: 0xcA9088895e3390E503cac9ae95abaccdba20822e

Token 2

  • Name: Wrapped Bera
  • Symbol: WBERA
  • Token Contract Address: 0x6969696969696969696969696969696969696969

5. Incentive Tokens

  • Name: Wrapped Bera
  • Symbol: WBERA

Additional Requirements

  • Token allocation plan:
    • Incentives will come from two sources:
      • Project treasury
      • Protocol fee recycling (dynamic)
    • Depends on the project’s success but can create a flywheel
    • Estimate: Initial injection of 10k USD worth of WBERA, then weekly mid 4-figures
  • Allocation timeframe: Minimum one year
  • Decision making process: The incentive allocation from our protocol fees will be fully automated and on-chain (Fee collector distributes the incentives to the RewardVault). Our governance will kick in once our share token is live (The weekend of April 18 '25)
  • Incentive Manager address: 0xdeF74728ACA131b0Fd4Eb1d829124bA1E1dFc920 (4/5 multisig)

6. Growth, Community & Ecosystem Impact

Why This Contract Matters

  • How will this contract benefit berachain?

    Our protocol’s integration with PoL reward vaults creates a mutually beneficial relationship with the berachain ecosystem through several key mechanisms:

    • Fee Recycling: Our innovative claim fee structure captures WBERA from users and directs it directly into PoL vaults, creating a continuous flow of native token incentives without requiring additional emissions from the treasury.

    • PoL Participation Expansion: By seamlessly onboarding our users to berachain’s PoL system, we introduce new participants who might otherwise not engage directly with governance or liquidity provision. This broadens the base of active ecosystem participants.

    • Sustainable Liquidity Model: Unlike temporary incentive programs, our protocol creates persistent economic incentives for maintaining deep liquidity pools, supporting berachain’s broader goal of sustainable market depth and stability.

    • Governance Engagement: The dual-reward mechanism naturally funnels our community into the berachain governance ecosystem as they begin accumulating BGT, increasing the diversity and robustness of governance participation.

    • Educational Pipeline: For many of our users, this will represent their first interaction with a PoL mechanism, serving as an educational onramp to berachain’s innovative consensus model.

  • Will it deepen liquidity for a major ecosystem token?

    Yes, our protocol directly deepens WBERA liquidity through multiple mechanisms:

    • WBERA Pair Concentration: Our primary liquidity pools pair with WBERA, creating significant and concentrated liquidity for the native ecosystem token.

    • Fee-Driven Accumulation: Our protocol will accumulate substantial WBERA through our claim fee mechanism and redirects these assets to further incentivize liquidity depth rather than converting to other assets.

    • Compounding Incentives: The dual-reward structure (protocol rewards + BGT) creates compounding incentives for WBERA liquidity providers, making our pools increasingly attractive as the protocol scales.

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

    Not yet, potentially in the future.

Potential Volume / TVL

  • Liquidity estimates: Right now ~250k but we intend to multiply this once the stage1 of our protocol is live (Easter weekend)
  • Liquidity commitments: Team added and locked 10k worth of liquidity

Synergies with Other Protocols

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

Marketing / Promotion

  • Co-marketing plans: We have a decent network inside berachain ecosystem and a few partnerships in place. Nothing specific though.

Long-Term Vision

  • How could this reward vault evolve over time?

    As the first tomb fork on berachain, our short-term focus is strategic user acquisition – bringing as many experienced DeFi users as possible from other chains to jumpstart berachain’s degen defi ecosystem.
    The reward vaults by design play an integral part in our novel protocol mechanics.
    The leveraged fee recycling (see governance forum thread) allows us to reward loyal protocol-friendly holders.

7. Verification

This proposal was submitted by the GRQ Protocol team. For more information, visit our website or join our community channels.

10 Likes
2

the proposal might face challenges in the review process:
As i see

  • It doesn’t follow the standardized RFRV submission format that appears required by governance (not sure if this still valid to day)
  • Critical information like contract verification status, audit links, and token distribution details are missing
  • The proposal lacks specifics about validator relationships that might strengthen ecosystem integration
  • Transparency around major token holders (addresses controlling >10%) isn’t provided
2 Likes
4

We would echo some of these points - the detail is certainly appreciated so please continue with that!
However as Ravenium said, audit details, holder details, liquidity info etc would all be quite crucial in assessment here. Please help fill in those blanks shortly!

3 Likes
5

Added the contents from the submitted form, thank you both for the feedback.

3 Likes
6

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

  • Number of token holders is below the minimum threshold (Minimum over 100 Holders)
  • “‘4-figures weekly’ is too vague. Please provide a specific incentive amount along with the duration of the incentive program.”

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.

4 Likes
7

Thank you for the questions.

  • The incentive amount depends on the fees collected which depend on the reward token price.
    So we cannot give exact numbers yet. But I think mid-4-figures is a pessimistic estimate.

  • Regarding the holders: our investors have their LPs staked on our pools. You can find the staking transactions here: Uniswap V2 (UNI-V2) Token Tracker | BeraScan
    So we are well above 100 holders.

3 Likes
8

As we had some questions here regarding our fee recycling and the amounts I would like to support that with some data:

In the first ~24h we collected $4.2k (1273 BERA) for incentives for our rewardVaults.
With brakes on in regards to protocol emissions.

4 Likes
9

Hi team,

Thanks for the supplementary information!
Can you please help provide more details around how the feed model is sustainable? And what will allow you to continue driving this fee generation / making it scalable over time?

4 Likes
10

I think it is no secret that missing sustainability is what made every tomb fork before us fail.
Good ones lasted a few months or a little more than a year.

The biggest problem is this circle of doom where you enter a negative spiral.
You have some volatility (e.g. large holders exit) → peg price is lost → boardroom does not print → share token gets sold off → which leads to liquidity fleeing the protocol.
Then rinse and repeat.

The key aspects to make this work are two:

  1. Reward loyal stakers (that’s one of the benefits of our PoL integration) to avoid the mentioned liquidity fleeing the protocol. And make sure those who are supportive make back their fees with leverage (from those who exit).

  2. Add intrinsic value to the share token to sustain a decent price and good rewards thus PoL fees. That’s where stage 2 of our protocol kicks in.
    We have got good some really cool conceps to make that happen but one step at a time. Full focus on the RVs for now.

Given these two aspects we will ignite an upward flywheel showcasing the power of pol as a protocol mechanic. :+1:

But in regards of sustainability of incentives: I think we are one of the first protocols where the incentives don’t just purely come from project treasury.

P.S.: We just crossed 10k usd in ready-to-be-deployed incentives as I am writing this. In ~1.5 days.

9 Likes
11

Hey random egg in da web3 here

The community on telegram is fully behind the team of GRQ. We got farmed by extractors and whales who have left but we are still hopeful and recovering steadily now :flexed_biceps:. I see alot of non-native folks in the community berapilled by GRQ, many whom are eager to learn about PoL and it’s uses. There is novelty in a tomb fork supported by a PoL system and there is still much to discover in it’s coming days.

As mr Dev above mentioned, much fees have already been generated for sustainable incentives with low emissions and 250k~ tvl. Can see them being one of the biggest bribers if they attract more PoL enthusiast from here. Berachain needs more innovative concepts like GRQ and it would be a great addition to our vaults.

11 Likes
12

So did this get approved or not?

4 Likes
13

I’d like to offer a perspective on where the “sustainability” discussion best sits in the RFRV process.

1 — Scope of the published guidelines

I’ve re‑read both governance updates (“Guardians Assemble” – 14 Apr 2025 and “New RFRV Standards” – 7 Apr 2025). Neither post sets a hard requirement that an applicant prove its fee model is ex‑ante “sustainable.”

  • The criteria focus on preventing extractive behaviour (e.g., distribution thresholds, TVL minimums, audit requirements, “positive unit economics” potential, etc.).
  • They do not ask Guardians to opine on the long‑term commercial viability of the applicant’s business model.

2 — Guardians as gate‑keepers vs. capital allocators

The healthiest analogue for PoL is a permission‑less marketplace with a safety‑net, not a centrally‑planned funding committee.

  • Guardians are uniquely positioned to block clearly exploitative or dangerous vaults (e.g., opaque tokenomics, security red‑flags, double‑dipping schemes).
  • Pushing further into subjective assessments of “business sustainability” risks turning the panel into de‑facto venture investors—something the market itself is better at pricing.

3 — Alignment with a quasi‑permissionless PoL

Berachain’s super‑power is letting validators and BGT boosters decide—through weightings—what provides value. Guardians keeping the bar at “non‑exploitative and technically sound” gives us:

  1. Speed & openness: More teams can experiment, iterate, and sink or swim on market demand.
  2. Transparency: Clear, binary checks (“meets the published standards / doesn’t”) are easier for applicants and the community to audit.
  3. Resilience: Decentralised signal from liquidity providers is harder to game than a small committee’s qualitative judgments.

4 — Avoiding the perception‑trap of central planning

If every vault has to persuade the Guardians that its model is commercially sustainable, PoL slides toward:

  • Favouritism concerns: real or perceived, especially where Guardians have overlapping networks or positions.
  • Mismatch with market reality: even well‑intentioned panels can misjudge what users actually want.
  • Bureaucratic drag: extra hoops lengthen time‑to‑market and deter smaller, innovative teams.

TL;DR
Guardians already have strong, objective criteria to weed out bad actors. Requiring a forward‑looking “sustainability thesis” goes beyond those criteria and shifts risk‑pricing from the open market to a committee. Let’s keep PoL as close to permissionless as safety allows and let users, validators and BGT boosters decide which fee models deserve weight.

11 Likes
15

from what I have heard, the new council ignores projects and does not even provide feedback, which was not the case before, there was supposed to be an improvement in communication, but it is getting worse

7 Likes
16

Highly deserving vault

6 Likes
17

Really love this proposal and fully support it. GRQ has been killing it lately—the way they’re building with meme energy but also real tokenomics behind it is super refreshing. Tomb fork Integrating with the Berachain PoL system through a GRQ-WBERA LP vault just makes a lot of sense. It brings more eyes and liquidity to both sides.

The reward structure is clever too. Paying fees in BERA when claiming rewards not only adds utility to WBERA, but also helps strengthen the ecosystem long-term. It’s cool to see projects thinking a few steps ahead like this.

Also love how GRQ is bringing in more experienced DeFi folks from other chains. That kind of cross-pollination is great for Berachain’s growth. Overall, big fan of this and excited to see where it goes. Let’s go GRQ :rocket:

7 Likes
18

Why is such an innovative project always met with skepticism?

5 Likes
20

Hey this looks cool, let’s see if it will work

4 Likes
21

very interesting project that should be supported

3 Likes
22

team is solid. in touch since day 0. collectively we formed a community, thanks to everyone (and i mean it), we built something that will last. never felt so sure in Bera eco about something. this will cook hard - just do your thing Bera <3

4 Likes