Reward Vault Request for WETH-beraETH on BEX

Reward Vaults
1

Proposal: Reward Vault Request for WETH-beraETH on BEX

Summary of RFRV Criteria

  • Deployed Pool: Must already be live on BEX.
  • Deployed Tokens: Must have the incentive tokens live on a BEX pool.
  • 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): Major tokens are BERA, HONEY, BYUSD, USDC, wETH, and wBTC.
  • Verification: The proposer should be affiliated with the project and by extension at least one of the tokens in the pool

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)

@dinero_xyz

  • Best Telegram Handle for questions/fixes

@funky0x

The proposer should be affiliated with the project and by extension at least one of the tokens in the pool.

2. Pool Details

  • Pool Name (Example: WETH−BERA)

WETH-beraETH

  • Pool Address: Insert the BEX pool contract address.

0x258d8933b625566fbe057874121783a2808adafa

  • Pool Type / Configuration: Specify if the pool is a Standard 50:50 AMM, stable pool, or weighted pool (include weights if applicable).

WETH-beraETH-STABLE

  • Pool Fees: Outline the swap fee structure (e.g., 0.3%, 0.01%, etc.).

0.01%

  • Existing Liquidity / TVL: If the pool is already live, mention the current liquidity and volume stats (if available).

$500k TVL; $1500k Volume (just seeded)

  • Security: Does the pool use standard BEX factory contracts?

YES

3. Token Details

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

For Major Tokens:
  • Name

WETH

  • Symbol

WETH

For Non-Major Tokens:
  • Name

Berachain Staked ETH

  • Symbol

beraETH

  • Contract Addresses (on Berachain and bridging addresses if cross-chain):
    chain / address

0x6fc6545d5cDE268D5C7f1e476D444F39c995120d/

  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  • beraETH is minted with WETH and represents ETH staked on the Beacon chain
  • berachain.dinero.xyz/
  • dinero.xyz/docs
  • 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)

LST

  • 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
  • 4 of 8 multisig 0x5486047713f25C9B8d530217e16C1Dc5f3a44d09
  • Is the token contract verified?
  • Yes
  • Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
  • Wrapped LST contract
  • github. com/dinero-protocol/audits/tree/master
    (If custom, provide a link to an audit.)
  • Can the token be paused?
  • Yes

4. 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: 2,500,000 DINERO over 12 weeks
  • Incentives Decisions: Policy Committee appointed by DAO
  • Incentive Manager address: 0x3d97E13A1D2bb4C9cE9EA9d424D83d3638F052ad

BERA

  • Budget: Plan to use DINERO first
  • 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

  • Berachain 0x09D9420332bff75522a45FcFf4855F82a0a3ff50
  • Ethereum 0x6DF0E641FC9847c0c6Fde39bE6253045440c14d3
  • Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  • etherscan. io/token/0x6DF0E641FC9847c0c6Fde39bE6253045440c14d3#balances
  • dinero.xyz/docs/dinero-tokenomics
  • dinero.xyz/
  • Identify any address(es) controlling more than 10%
    (address / type: team, foundation, investor, etc.)

DINERO holders - Google Sheets

  • 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)

Governance

  • 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)

Permissionless

  • 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.)

github. com/dinero-protocol/audits/tree/master

  • 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)

Detailed above

5. 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?
  • beraETH is a native LST purpose-built for the Berachain ecosystem, designed to increase in value as it generates ETH staking yield through apxETH on Ethereum mainnet. It can be minted natively using WETH on Berachain or with ETH on Ethereum mainnet. The vision for beraETH is to become the primary ETH asset on Berachain, achieving such widespread integration and adoption that it surpasses even WETH in usage and utility.
  • The deeper beraETH integrates within the Berachain ecosystem, the greater its utility and value for users, protocols and the Berachain Foundation. This creates a utility flywheel: as beraETH’s utility grows, it becomes more foundational to Berachain, attracting more users, protocols to hold, use, and build on top of it. This, in turn, reinforces beraETH’s role, making it even more essential and valuable for the entire ecosystem.
  • The first step in the flywheel is deep beraETH liquidity
  • Increase liquidity for beraETH/WETH a key pair for beraETH success in the ecosystem, including facilitating WETH liquidity for partner trading pairs
    • beraETH/STONE
    • beraETH/weETH
    • beraETH/rsETH
    • beraETH/rswETH

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract.
  • $10m+ 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 seeded by Dinero DAO

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
  • beraETH is partnered with a number of key Berachain assets and projects such as Stakestone(beraSTONE), Etherfi(weETH), Kelp(rsETH), Swell(rswETH), Dolomite, Beraborrow, Kodiak, Infrared
  • Deeper beraETH/WETH liquidity will facilitate integration and proliferation of beraETH into these protocols, notably lending markets Dolomite and Beraborrow to the benefit of Berachain as a whole

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity?
  • Dinero DAO will spearhead the marketing efforts

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.)
  • The deeper beraETH integrates within the Berachain ecosystem, the greater its utility and value for users, protocols and the Berachain Foundation. This creates a utility flywheel: as beraETH’s utility grows, it becomes more foundational to Berachain, attracting more users, protocols, and chains to hold, use, and build on top of it. This, in turn, reinforces beraETH’s role, making it even more essential and valuable for the entire ecosystem.
  • beraETH-WETH pools on BEX and Kodiak will be the principal pools for beraETH on Berachain

6. Verification

Please post the following text with the provided X account:

“Submitted Reward Vault Request for [Pool Name] on BEX with incentive tokens [incentive token 1], [incentive token 2]”

x. com/dinero_xyz/status/1891978402531508233

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!

3 Likes
2

this is good for eth, good for bera, good for dinero. I like

3

This Vault has been Whitelisted