[RFRV Adjustment] General (non-BEX) RFRV Reward Vault Request for BurrBear Stableswap NECT:HONEY:USDC

Reward Vaults
1

image
image1600×900 118 KB

Reward Vault Request for NECT:HONEY:USDC Multi Stable Pool

1. Proposer Details

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

  • Affiliation (protocol / one of the tokens in the contract): BurrBear team
  1. Protocol Details
  1. Contract/Pool Details

  • Contract Name NECT:HONEY:USDC Multi Stable Pool

  • Contract Address: ComposableStablePool | Address 0xd10e65a5f8ca6f835f2b1832e37cf150fb955f23 | BeraScan

  • Contract Type / Configuration: Standard AMM Pool

  • Describe how the contract works: Multi Token Stableswap forked from Balancer v2 ComposableStablePool Multi Stable Pools | BurrBear

  • Contract Fees: Outline the fee structure: LPs earn fees taken from trades.

  • Existing Liquidity / TVL: ~$211M volume, ~$4M TVL as of 04/09/25 - See Pool

  • Identify any address(es) controlling more than 10% of the contract shares: team has no liquidity in this pool. largest likely from boyco.

  • Is the contract upgradable? No

  • Contract Control: Multisig then later Governance (process starting after TGE)

  • Additional details on Contract Control: will switch to governance once BURR token launched

  • Is the contract verified? Yes

  • Can the contract be paused? Swaps can be paused during emergency scenarios, but removing liq will always be functional

  • 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):

Major Token #1:

  • Name: Honey

  • Symbol: HONEY

Major Token #2:

  • Name: USDC.e

  • Symbol: USDC.e

For Non-Major Tokens:

(address / type: team, foundation, investor, etc.)

for NECT, Beraborrow LSP controls the MOST, followed by concrete and kodiak island

viewable on $1.00 | Nectar (NECT) Token Tracker | BeraScan

  • Does the project issuing the token have any relationship with current Berachain validators? Yes, infrared, kodiak, THJ, Kiln, validation cloud, Nocturnal labs and more

  • Total Supply Cap (if any)

NA, NECT is a stablecoin minted off of collateral, as collateral is supplied

  • Circulating Supply 27,868,886

  • Token Type: Stablecoin

  • Provide extra details

Deposit collateral, mint NECT. redeem NECT for collateral → What is Nectar ($NECT)? | Beraborrow

  • Token Control: Permissionless

  • Additional details on Token Control: 90% permissionless 10% multisig

  • 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

  • Can the token be paused? No

5. Incentive Token #1

Required Data for Incentive Token:

  • Name: BERA

  • Symbol: BERA

Incentive Token #2

Tokenomics | BurrBear , Emissions Schedule | BurrBear

  • Identify any address(es) controlling more than 10%

Pre TGE: it sits in a BurrBear team multisig: Burr Governance Token (BURR) Token Tracker | BeraS

Post TGE: NA, no VCs, no allocation above 10% for any category Tokenomics | BurrBear

  • Does the project issuing the token have any relationship with current Berachain validators? Smilee, Blockhunters and many more validators via pool partners who will be bribing on burrbear gauges

  • Total Supply Cap (if any) and Circulating Supply

Total Supply: 100M

Circ Supply on TGE: 26% sold to community

  • Token Type: Governance

  • If either token is a native stablecoin, LST, or governance token, provide extra details on Use case, Redemption mechanics, Peg stability: Governance | BurrBear

  • Are token contracts upgradable? No

  • Token Control: Multisig pre TGE

  • 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…) Standard ERC20

  • Can the token be paused? No

Additional Requirements:

  • Specify how many tokens you plan to allocate for incentives and over what period of time.

BurrBear will allocate roughly half of its RFA towards building this pool over 6 months to establish deep stablecoin liquidity on Berachain (the rest would go to other 2/3/4 token stable pools for BERA/BGT/BTC/ETH LSTs). Some initial RFA has been allocated to our temporary staking contract, but emissions rate will be increased as (a) this pool is BGT whitelisted and (b) boyco nears end of 3 month duration.

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

Multisig pre TGE, then post TGE full tokenomics will be made available to transition to DAO governed incentives management. Read more here → Governance | BurrBear

  • 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)

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?

Stablecoin liquidity and subsequent volume is essential for future use cases to be enabled on Berachain. BurrBear’s BURR token serves as primary incentive for the growth of liquidity for USD stablecoins, then eventually base liquidity for other majors and RWA tokens (starting with twinfinance.io/ going live with tokenized stocks vs 3pool tokens) to give Berachain real world utility as liquidity deepens on chain and the ecosystem matures.

  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?

Yes - HONEY and USDC

  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?

Yes, upcoming berachain native stablecoins intend to LP against the 3pool: :<3pool LP token> to bootstrap their own liquidity/volume and further build the 3pool (HONEY:NECT:USDC) organically without relying on staking rewards alone.

Potential Volume / TVL:

  • Provide metrics or estimates on liquidity you expect to attract.

Massive demand and extreme efficiency: passed $211m volume with only $4M TVL. Up only with BGT whitelisting. Short term target: $10M TVL, $50M vol. Long term: $100M TVL, $1B vol.

  • Highlight any known liquidity commitments.

Aside from Boyco, various platforms are starting to integrate to “re-sell” the 3pool rewards in exchange for liquidity from their communities. TurtleDAO is the first live that has contributed ~$500k TVL (see announcement with many others currently integrating.

Synergies with Other Protocols:

  • Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?

Yield aggregators and lending markets are currently integrating the 3pool.

Marketing / Promotion:

  • Are there plans to co-market with another project to bootstrap liquidity?

Yes incentives are co-provided between BurrBear and Beraborrow.

Long-Term Vision:

  • How could this reward vault evolve over time?

This reward vault will serve to grow cornerstone liquidity for USD stablecoins initially, but eventually as base liquidity for other majors and RWA tokens (starting with twinfinance.io/ going live with tokenized stocks vs 3pool tokens) to give Berachain real world utility as liquidity deepens on chain and the ecosystem matures.