1. Proposer Details
- Proposer’s project name: Beraborrow
- Proposer’s email: Kobble@beraborrow.com
- Proposer’s X account https://x.com/beraborrow
- Best Telegram Handle for questions/fixes (remember to enable DMs from non-contacts): Kob_Class
2. Protocol Details
- Your Protocol Name: Beraborrow
- Protocol Description: Beraborrow unlocks instant liquidity against Berachain assets through the first PoL powered stablecoin, Nectar ($NECT). Built with simplicity and flexibility at its core, Beraborrow is designed to maximise opportunities for users without forcing them to sacrifice yield.
- Protocol audits links: Audits | Beraborrow
- Protocol URL (link to dApp) https://app.beraborrow.com/
- Protocol Logo URL https://res.cloudinary.com/duv0g402y/image/upload/v1745505738/protocols/beraborrow.png
- Reward Vault and Staking Token Details
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Vault Name: KODIAK - ZERO | NECT
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Reward Vault Address: 0xd8291187a9a45e7509f81fec03a49982eb63427d
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Logo URL:
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Staking Token Address: 0xeD68db39C1d7a2Fea8Dcc85ED9b3f4f59112A020
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Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply. https://docs.google.com/spreadsheets/d/16Fy2xv9SZJD-T8_ukg0qpNu5Z6kyylfsawakSL4hnQk/edit?usp=sharing
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Is the Staking Token located on BEX? No
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Specify the protocol where the Staking Token is located: Kodiak
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Link to where the Staking Token is located: Kodiak Finance
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Existing Liquidity / TVL (if it is a DEX pool the TVL should be at least $50K in a major ecosystem asset): ZERO memecoin will be seeding the pool with at least $100k+ in the next few days.
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Describe how a user should acquire this staking token: Provide liquidity to Kodiak ZERO-NECT Island.
4. Tokens Information
For each token in the pool/staking token, please provide
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Name: ZERO
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Symbol: ZERO
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Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
0x0000382FbB422B4f593931FC6f2d25CC16600000 -
Name: Nectar
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Symbol: NECT
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Token Contract Addresses (on Berachain and bridging addresses if cross-chain): > 0x1cE0a25D13CE4d52071aE7e02Cf1F6606F4C79d3
5. Incentive Tokens
Token 1 details
- Name: POLLEN
- Symbol: POLLEN
- Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address: 0xc99e948e9d183848a6c4f5e6c1d225f02f171d79 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.) What is POLLEN? | Beraborrow
- Identify any address(es) controlling more than 10% (address / type: team, foundation, investor, etc.): POLLEN HOLDERS - Google Sheets
- Does the project issuing the token have any relationship with current Berachain validators? Yes
- If yes, which one?: Infrared, THJ, Kodiak, Smillee, apDAO, Validation Cloud.
- Total Supply Cap (if any): 420,000,000
- Circulating Supply: 45,992,248
- Token Type: Governance
- If either token is a native stablecoin, LST, or governance token, provide extra details on Use case:
- POLLEN is the Beraborrow governance token, enabling active participation in the protocols governance and liquidity incentives.
- It serves as a way for the protocol to utliise Proof of Liquidity to further the adoption of NECT, without having to create a new rewards vault for every NECT (our stablecoin) use case.
- POLLEN is a means to increase exposure to Berachain governance through the utility of the Beraborrow protocol.
- Creating a flywheel where more NECT utility enables more users to use Beraborrow for leverage, thus increasing total interest rates/fees to the Rewards Vault meaning more value can be passed through to incentivise liquidity. And the flywheel repeats.* Are token contracts upgradable?
- 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…) Yes - standard ERC20
- Can the token be paused? No
- 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)
0x9221D944D3CBe13674506453B274d1f532f7295a
Incentive Token #2
- Name: Nectar
- Symbol: NECT
- Token Contract Addresses
0x1cE0a25D13CE4d52071aE7e02Cf1F6606F4C79d3 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
NA, It’s a stablecoin https://beraborrow.gitbook.io/docs/nect-stablecoin/what-is-nectar-usdnect
- Identify any address(es) controlling more than 10%
$sNECT vault on BeraHub is the only controller of >10% https://hub.berachain.com/vaults/0x1161e6a6600c08c21cff7ac689e781b41db56d85/
- Does the project issuing the token have any relationship with current Berachain validators? Infrared, THJ, Kodiak, Smillee, apDAO, Validation Cloud.
- Total Supply Cap (if any)
NA, NECT is a stablecoin minted off of collateral, as collateral is supplied
- Circulating Supply 4,717,559
- Token Type: Stablecoin
- If either token is a native stablecoin, LST, or governance token, provide extra details on Use case, Redemption mechanics, Peg stability:
Deposit collateral, mint NECT. redeem NECT for collateral →https://beraborrow.gitbook.io/docs/nect-stablecoin/what-is-nectar-usdnect - Are token contracts upgradable? No
- Token Control: 90% permissionless 10% multisig
- Additional details on Token Control: Governance post TGE
- Is the token contract verified? Yes
- Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…) Custom: Audits | Beraborrow
https://beraborrow.gitbook.io/docs/audits/audits - Can the token be paused? No
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time.
all trading fees from the LP in NECT will be used as part of incentives using kodiaks auto BGT
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
Multisig.
- 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)
0x9221D944D3CBe13674506453B274d1f532f7295a
Incentive Token #3
- Name: ZERO
- Symbol: ZERO
- Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
0x0000382FbB422B4f593931FC6f2d25CC16600000
Additional Requirements:
- Specify how many tokens you plan to allocate for incentives and over what period of time.
all trading fees from the LP in ZERO will be used as part of incentives using kodiaks auto BGT
- Outline how decisions about token incentives are made (DAO, multi-sig, etc.).
Multisig.
- 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)
0x9221D944D3CBe13674506453B274d1f532f7295a
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
- How will this contract benefit Berachain? This contract will help deepen liquidity for NECT and grow trading activity as ZERO brings in users from many other EVM chains.
- Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? Yes, NECT.
- Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes, will allow better trading NECT-denominated pairs and also for ZERO which is one of the largest tokens on Berachain.
Potential Volume / TVL:
- Provide metrics or estimates on liquidity you expect to attract. $1M+
- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)
ZERO memecoin will be seeding the pool with at least $100k+.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
- Yes, all of them.
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity?
Yes.
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.)
- This vault will be used to further grow iBGT liquidity and grow/maintain ZERO as one of the largest tokens in the ecosystem. ZERO has already onboarded capital and users from other chains to Berachain.
7. Verification
Please post the following text with the provided X account:
