Summary of RFRV Criteria
- Deployed Contract: Must already be live.
- Deployed Tokens: Must have the incentive tokens live.
- 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 for DEX pools): Major tokens are BERA, HONEY, BYUSD, USDC, wETH, and wBTC.
- Verification: The proposer should be affiliated with the protocol or at least one of the tokens in the contract
1. Proposer Details
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)
@_funkyjunky
- Best Telegram Handle for questions/fixes
@funky0x
The proposer should be affiliated with the protocol or at least one of the tokens in the contract.
For example if the contract is a $EXAMPLE / $BERA pool on XYZ DEX, the proposer should be affiliated with the protocol (XYZ DEX) or one of the tokens in the pool (in this case, $EXAMPLE).
- Affiliation (protocol / one of the tokens in the contract)
beraETH
- Protocol Details
- Protocol Name (Example: XYZ DEX)
Kodiak
- Protocol Type (DEX/Lending/Staking/Derivatives/Other)
- If other: please specify
DEX
- Protocol X profile link
x. com/KodiakFi
- Protocol docs link
documentation.kodiak.finance/
- Protocol audits links (multiple links)
documentation.kodiak.finance/security/audits
- Does the protocol have any relationship with current Berachain validators?
No
- Contract/Pool Details
- Contract Name (Example: $EXAMPLE / $BERA)
WETH/beraETH
- Contract Address: Insert the contract address.
0x7B29Fd049eD07C21038F1bc6AA85071961bA51ff
- Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract
Uni v3 AMM
- Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…)
- Shares can be minted/ burned via the island contract
- 0x03bCcF796cDef61064c4a2EffdD21f1AC8C29E92
- Contract Fees: Outline the fee structure (e.g., 10% of staking rewards)
0.05%
- Existing Liquidity / TVL: current liquidity and volume stats (if applicable).
- $22.5M TVL
- C. $500k Volume
- Identify any address(es) controlling more than 10% of the contract shares
(address / type: team, protocol-owned liquidity, etc.)
- Is the contract upgradable?
No
- Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
Multisig
- Additional details on Contract Control
- 3/6 multisig
- 0x7D8A57bf453ecf440093fe6484c78B91b377e638
- Is the contract verified?
Yes
- Can the contract be paused?
Yes
- Does the contract rely on oracles?
No
- (If yes, explain oracle dependency)
4. Token Details
Provide the following details for each token in the contract (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
Berachain 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)
Governance
- 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…)
(If custom, provide a link to an audit.)
- Wrapped LST contract
- github. com/dinero-protocol/audits/tree/master
- Can the token be paused?
Yes
5. 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: 3,000,000 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.)
- 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)
- 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
6. 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.
$30m+ 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 bootstrapped 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
7. Verification
Please post the following text with the provided X account:
“Submitted Reward Vault Request for [Contract Name] on protocol [Protocol Name] with incentive tokens [incentive token 1], [incentive token 2]”
x. com/_funkyjunky/status/1894726288394395656
Final Reminder
A successful RFRV hinges on demonstrating:
- Security: Low smart contract and token risk.
- Demand: Community and liquidity providers want this pair.
- 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!