Reward Vault Request for wETH/ezETH on Kodiak
1. Proposer Details
- Email - chris@renzoprotocol.com
- Proposer’s project name - Renzo Protocol
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) - @renzoprotocol
- Best Telegram Handle for questions/fixes - @topc01
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) - Affiliated with ezETH
- Protocol Details
- Protocol Name (Example: XYZ DEX) - Kodiak
- Protocol Type (DEX/Lending/Staking/Derivatives/Other) - DEX
- If other: please specify
- Protocol X profile link - https://x.com/KodiakFi
- Protocol docs link - https://documentation.kodiak.finance/
- Protocol audits links (multiple links) - Audits | Kodiak Finance
- Does the protocol have any relationship with current Berachain validators? - No
- Contract/Pool Details
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Contract Name (Example: $EXAMPLE / $BERA) - $ezETH / $wETH
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Contract Address: Insert the contract address. - 0x5fADc07d47D3dC1e81932eaFBE39fdEF9ba11865
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Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract - It is a Kodiak AMM IslandPool
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Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…) - Visit Kodiak Finance and interact with the contracts.
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Contract Fees: Outline the fee structure (e.g., 10% of staking rewards) - 0.05% on swaps
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Existing Liquidity / TVL: current liquidity and volume stats (if applicable). - Just seeded liquidity
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Identify any address(es) controlling more than 10% of the contract shares
(address / type: team, protocol-owned liquidity, etc.) - -
Is the contract upgradable? -
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Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) - Multisig
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Additional details on Contract Control -
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Is the contract verified? - Yes
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Can the contract be paused? - Yes
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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 - Wrapped ETH
- Symbol - wETH
For Non-Major Tokens:
- Name - Renzo Restaked ETH
- Symbol - ezETH
- Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address - 0x2416092f143378750bb29b79eD961ab195CcEea5 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.) - Upon minting
- Identify any address(es) controlling more than 10%
(address / type: team, foundation, investor, etc.) - None - Does the project issuing the token have any relationship with current Berachain validators? - No
- If yes, which one? -
- Total Supply Cap (if any) - None
- Circulating Supply - 300,000
- Token Type:
(Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other) - LRT - Provide extra details (e.g. Use case, Redemption mechanics, Peg stability) - LRT for EigenLayer
- Are token contracts upgradable? -
- Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) - Multisig
- 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…)
(If custom, provide a link to an audit.) - xERC20 - Can the token be paused? - No
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. Please indicate exactly 2 tokens in the form.
Required Data for Incentive Token:
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Name - Wrapped ETH
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Symbol
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(if the name and symbol match one of the tokens already provided or a major token, skip the next steps) - wETH
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Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address -
Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
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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?
-
Total Supply Cap (if any) and Circulating Supply
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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
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Are token contracts upgradable?
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Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
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Additional details on Token Control
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Is the token contract verified?
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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.) -
Can the token be paused?
Additional Requirements:
- Specify how many tokens per week you plan to allocate for incentives - 25 wETH over 12 weeks, so ~2.08 wETH per week
- Specify for how many weeks you plan to allocate incentives - 12 weeks
- 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) - 0x7E20880035E99e26d6164176F1Aa8F272AaCF299
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
- How will this contract benefit Berachain? - ezETH - wETH liquidity will allow for higher DEX volumes on Berachain when arbitrageurs bridge to Berachain for better prices.
- Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? - wETH
- Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? - Yes.
Potential Volume / TVL:
- Provide metrics or estimates on liquidity you expect to attract. - We expect to attract $10m+ TVL to this vault
- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.) - TBD
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? - Will be used by yield aggregators and lending markets during liquidations
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity? - Co-marketing with Kodiak
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 pool can be used as a building block in many yield aggregation strategies. With ezETH being the ETH LRT with the highest rewards, tapping into PoL will help Berachain’s growth as TVL migrates.
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]” - TBD