Reward Vault Request for Kettle Volume Token

1. Proposer Details

The proposer should be affiliated with the protocol or at least one of the tokens in the contract.

  • Proposer’s Project Name: Kettle
  • Proposer’s Email: sean@kettle.fi
  • Proposer’s X Account (you will be required to make a post from the X account provided for verification purposes): https://x.com/kettle_shop
  • Best Telegram Handle for questions/fixes (remember to enable DMs from non-contacts): @SgtPepperNFT

2. Protocol Details

Your Protocol Name: Kettle

Protocol Description:
Kettle is the best place to buy, sell, and speculate on luxury watches in the world. We tokenize luxury watches as NFTs and put them onchain to be bought, sold, or used across DeFi. Our headquarters is in NYC where we have our watch vault of all the tokenized assets.

Protocol URL (link to dApp):

Protocol Logo URL (image must be 1024x1024 and non-transparent otherwise may DELAY metadata):
Google Drive


3. Reward Vault and Staking Token Details

Vault Name (Example: iBGT on Infrared or Wasabee - WETH | WBERA):
Kettle Volume Reward Vault

Reward Vault Address (insert only the contract address):
N/A – will deploy with Berachain team

Logo URL (Vault Image used for Staking Token Image - 1024x1024 and non-transparent):
Google Drive

Staking Token Contract Address:
0xD25b4ae68E4F898cfD3CD0646D35Ab9b48c8cD54

Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply:
N/A

Is the Staking Token located on BEX?:
No

Specify the protocol where the Staking Token is located (Ex: BEX, Kodiak, YourOwnProtocol):
N/A – not tradable

Link to where the Staking Token is located:
N/A – not tradable

Audit link(s) of the protocol where pool is located:
Audit in progress

Existing Liquidity / TVL (if it is a DEX pool the TVL should be at least $50K in base asset, which can be a major ecosystem asset):
N/A – not tradable

Describe how a user should acquire this staking token:
By conducting volume on the Kettle platform.


4. Tokens Information

For each token in the pool/staking token, please provide:

  • Name: Kettle Volume Token
    Symbol: KVL
    Token Contract Address: 0xD25b4ae68E4F898cfD3CD0646D35Ab9b48c8cD54

5. Incentive Tokens

What is the first incentive token?
HONEY

Specify how many tokens per week you plan to allocate for incentives
We want to start with 5,000 $HONEY for our Mystery Box campaign. We will scale this up over time as Kettle volume increases on Berachain.

Specify for how many weeks you plan to allocate incentives
12+ Weeks (ongoing)

Outline how decisions about token incentives are made (DAO, multi-sig, etc.)
Multi-sig

Incentive Manager Address
0x8135DA7df82fa4f597D42cdb9ee18177c906E1Ec

Reward Duration Manager Address
0xb305B81e27c0ff48fDcb9649f23dba7d9465573E


6. Growth, Community & Ecosystem Impact

a. Why This Contract Matters

1. How will this contract benefit Berachain?
This contract will help bootstrap real-world asset (RWA) volume on Berachain by incentivizing users to participate in Kettle’s onchain marketplace—beginning with our high-end Mystery Box drops of tokenized luxury watches. These products bring offchain economic value onchain, driving meaningful daily volume and user activity through speculative trading, raffles, and auctions. By deploying a $HONEY reward vault, we create a native feedback loop: as users buy and trade tokenized watches, they generate marketplace volume that earns $KVL (Kettle Volume Receipts), which can be staked to earn BGT. This ties core Berachain incentives directly to the growth of the RWA vertical—bringing a new category of liquidity, users, and narrative to Berachain.

2. Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
Yes. All primary and secondary volume on the Kettle platform will route through Berachain-native assets—especially $HONEY and Berachain-aligned stablecoins. Our vault system encourages users to bridge stablecoins into Berachain, swap into supported tokens, and participate in RWA trading with onchain incentives. Additionally, we are actively designing LP pools and autocompounding mechanics for our $KVL token and eventual marketplace token, which will further deepen DEX liquidity in the Berachain ecosystem and generate sticky usage across key assets like BERA and $HONEY.

3. Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
Absolutely. Our marketplace and rewards architecture will natively integrate with key Berachain protocols including:

  • CrediFi to support future RWA-based lending markets.
  • Berachain DEX routing for token swaps tied to RWA trades.
  • Native NFTs and governance for verified watch ownership and curated collections.

This contract serves as a launchpad for a wide array of RWA-native trading pairs on Berachain, all of which drive adoption and bridge physical assets to crypto-native incentives.


b. Potential Volume / TVL

1. Provide metrics or estimates on liquidity you expect to attract
This initial Mystery Box campaign will bring $250,000 of volume from the initial sellout alone. Future Mystery Box mints plus secondary market action will bring millions of dollars of volume.

2. Highlight any known liquidity commitments. (If you or partners plan to seed the pool, provide proof of funds or a statement of intent.)
We are bridging over an additional $250k worth of RWA luxury watch NFTs over to Berachain from other chains.


c. Synergies with Other Protocols

Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
Yes—this vault will create meaningful synergies with core Berachain protocols:

  • CrediFi (Lending Markets):
    Kettle users who purchase or win tokenized luxury watches (e.g., Rolex, AP, Patek) can eventually borrow against the vaulted, tokenized watch NFTs through CrediFi, unlocking capital efficiency without needing to sell the underlying asset. This introduces real-world luxury goods as a new form of collateral within Berachain’s DeFi stack, expanding CrediFi’s market into high-value RWAs with verifiable, insured provenance.
  • Kodiak (LP Yield Aggregators):
    As we roll out fungible tokens for flagship watches (e.g., $RLX for Rolex Submariners), we’ll pair them into liquidity pools on Berachain-native DEXs. These pools—such as $RLX/HONEY—will be eligible for Kodiak vaults, enabling users to autocompound trading fees and rewards. These LPs are ideal candidates for Kodiak because they’re backed by vaulted, real-world assets and expected to generate consistent trading volume due to speculative and hedging demand.

d. Marketing / Promotion

Are there plans to co-market with another project to bootstrap liquidity?
Yes—Kettle has already established proven go-to-market strategies by collaborating with top Berachain-native communities and protocols, and we have aggressive plans to scale these efforts as we bootstrap liquidity around RWAs.

Previous Co-Marketing Success
We’ve already run successful joint campaigns with the following protocols for our NFL Draft Rolex Giveaway:

  • Steady Teddys
  • Kodiak
  • PuffPaw
  • Beraland
  • $BITCOIN

These partnerships drove thousands of impressions, hundreds of community interactions, and direct Raffle ticket sales—demonstrating our ability to galvanize Berachain-native audiences and create hype around novel onchain experiences.

Upcoming Co-Marketing Plans
We’re in discussions to co-market future product drops and liquidity events with:

  • CrediFi: As we bring tokenized watches into Berachain’s lending ecosystem, we plan to co-educate and activate users on the collateral potential of RWAs through joint threads, tutorials, and incentive programs.
  • Kodiak: Once fungible RWA tokens (e.g., $RLX) are live and paired into LPs, we’ll run campaigns showcasing how to farm yields via Kodiak vaults using real-world-backed assets—positioning Kettle as the best entry point to Berachain’s DeFi stack.

These marketing activations will coincide with product releases (e.g., new vaults, raffles, LP rewards) and include cross-posting, influencer amplification, co-hosted spaces, and whitelist collabs to drive liquidity and user growth across the entire Berachain ecosystem.


e. Long-Term Vision

How could this reward vault evolve over time? (E.g., eventually becoming a core liquidity pair for BEX or a major stable pool for the chain.)
This reward vault is the first step toward establishing RWAs as a core pillar of Berachain’s long-term ecosystem narrative and liquidity structure. While it initially incentivizes trading activity around Kettle’s Mystery Boxes and tokenized luxury watches, its evolution will follow several key phases:

  1. From Marketplace Incentives to RWA Asset Pools
    Kettle will introduce fungible RWA tokens (e.g., $RLX for Rolex Submariners), each backed 1:1 by vaulted, insured physical assets. These tokens will trade against $HONEY, $BERA, and native stables—forming high-volume, high-trust asset pairs on Berachain DEXs.
  2. Core Liquidity Pairs for BEX and Kodiak
    Flagship RWA pairs like $RLX/HONEY can become core pools on BEX and be supported by Kodiak vaults for autocompounding yield.
  3. Stable, Yield-Bearing Vaults
    Kettle will explore RealYield Vaults offering yield from secondary market fees and redemptions, providing stable-value exposure backed by appreciating assets.
  4. Institutional and Retail Onboarding Layer
    This vault will onboard both institutions and consumers to Berachain’s DeFi stack through RWAs—bringing sticky TVL, narrative, and mainstream access to crypto-native yield.

7. Verification

Post the following text from your X account:

“Submitted Reward Vault Request for Kettle Volume Reward Vault on protocol Kettle with incentive token HONEY”

1 Like

The TLDR =

Buy mystery boxes, get tokens, deposit tokens in vault to earn BGT? That about right?

We were thinking of autostaking the $KVL token for our users, similar to Bro.Trade’s novel approach where they autostake their volume tokens and in turn give $LBGT to their users retroactively after the users conduct their volume.

$KVL would be autostaked for our users and would represent all volume across the platform- not just the Mystery Box drops which help to seed supply to the marketplace. At the end of the day, we want the Kettle volume (and therefore revenue via transaction fee) to be sufficient enough to keep bribing validators long term.

The user experience would be seamless- trade luxury watches on Kettle, stack up the volume tokens, receive rewards in your rewards portal. It’s so easy that even the almost 2k retail users we onboarded to Berachain in our NFL Draft Rolex Giveaway campaign could do it.

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

  • The staking token is not tradable, which limits accessibility and does not meet standard expectations for liquidity and user participation.
  • The staking token is not an ERC-20, which is not compatible with the reward vault technical requirements.
  • Pool liquidity is below the required threshold. A minimum of USD 100,000 in TVL is required.
  • There is currently no Reward Vault deployed for this pool, which is a prerequisite for eligibility.
  • No audits have been provided or referenced. Please note that audits are strongly encouraged for security assurance.

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.

  • The staking token is not tradable, which limits accessibility and does not meet standard expectations for liquidity and user participation.
  • It was my understanding that many other protocols use a “dummy” token for staking that is not tradable to receive BGT rewards via a rewards vault ie. Bro.Trade, Kuma, etc.
  • The staking token is not an ERC-20, which is not compatible with the reward vault technical requirements.
  • The staking token has been updated to be an ERC-20 token (0x44a1610C0e57dd49638CC57b2638e3F0C847bd6b)
  • Pool liquidity is below the required threshold. A minimum of USD 100,000 in TVL is required.
  • We have over $300k worth of RWA Luxury Watches that are tokenized and vaulted on Kettle.
  • There is currently no Reward Vault deployed for this pool, which is a prerequisite for eligibility.
  • Reward vaulted deployed here: 0xE17ad61cd7049c8855ED365e122b58403C161a02
  • No audits have been provided or referenced. Please note that audits are strongly encouraged for security assurance.
  • Audits are a work in progress.

Raffle Dash shows 1786 active onboarded users to Berachain via embedded wallets

First Raffle: https://berascan.com/address/0x0fa13f1f9133fe3226899c29d9395f7f0d67a83e

Second Raffle: https://berascan.com/address/0x5f0cc853693ae9f6f1f1e82cb793243a27c0ca1d

Mystery Box Contract: https://berascan.com/token/0x872ee8badca4a446a560d188af859e837fe2efc0

We have well over 100 active users interacting with Kettle and Berachain.

Smart Contract Audit: https://drive.google.com/file/d/1o6PDt_YOjtqCSNQFAmK2YmOoEqXIaC8N/view?usp=sharing