RFRV Reward Vault Request for apDAO Treasury Vault

Reward Vaults
1

ApiologyDao Treasury Vault RFRV

ApiologyDAO (apDAO) exists at the financial core of the Berachain ecosystem, functioning as a “hive” that bootstraps cultural and financial liquidity across the many DeFi protocols that live on Berachain. apDAO supports and grows these key protocols by strategically directing the flow of investments and resources to various applications, helping to foster deep integrations and deep liquidity for Berachain. Like bees, apDAO pollinates across the application layer, all for the strategic benefit of the hive. As a member of apDAO, you directly gain the ability to help shape and influence a crucial component of Berachain’s largest DeFi protocols.

The DAO is made up of 5,607 member seats held by 1,930 unique holders. Members operate a treasury which can be deployed into the ecosystem (apDAO is the single largest holder of and emerging activist investor in several ecosystem tokens), and members can borrow BERA against their seats as liquid backing.

This proposed vault works by using BGT emissions to mint $fatBERA, thereby creating a token sink for BERA and supporting network security with increased validator stake up to a 25,000 cap. All remaining emissions are minted as a BGT LST like $YBGT, $LBGT, $iBGT, or similar, rewarding all DAO members with increased treasury backing, which is reinvested across the ecosystem. Major investments to date include HENLO, YEET, RAMEN, POLLEN, PLUG, hiBERO, and Steady Teddys.

1. Proposer Details

Proposer’s project name
Apiology DAO (apDAO)

Proposer’s email
jnova0@0xhoneyjar.xyz

Proposer’s X account
https://x.com/apiologydao

Best Telegram Handle for questions/fixes
@fungiblehuman

2. Protocol Details

Your Protocol Name
Apiology DAO

Protocol Description
Apiology DAO is an onchain collective and validator alliance focused on ecosystem alignment, education, and sustainable yield generation. The DAO is made up of 5,607 member seats across 1,930 unique holders and operates the Beradrome x apDAO validator.

Protocol audits links
N/A

Protocol URL
https://apiologydao.xyz

Protocol Logo URL
TBD

3. Reward Vault and Staking Token Details

Vault Name
apDAO Reward Vault

Reward Vault Address
0xc2baa8443cda8ebe51a640905a8e6bc4e1f9872c

Logo URL
TBD

Staking Token Address
0x2c4a603a2aa5596287a06886862dc29d56dbc354

Google Sheet: >20% holders
The staking token is a treasury-held position; no external users can acquire it. Governance seat ownership is decentralized across 1,930 addresses, with no address controlling more than 20% of the seats. Seat holders can be viewed here: https://dune.com/thj/apiologydao

Is the Staking Token on BEX?
No

Specify protocol where token is located
The staking token will be held by the apDAO treasury and cannot be acquired or traded.

Link to token location

Existing Liquidity / TVL
n/a

Describe how users acquire the staking token
Users do not acquire the staking token. apDAO’s reward vault is exclusively managed by the DAO treasury. Users benefit through DAO proposals and seat ownership. Seats were made available to the public by depositing various assets during a genesis period and are now available on a rolling 24h auction basis which can be accessed here: ApiologyDAO | The Hive at the Core of Berachain.

4. Tokens Information

Token 1

  • Name: ApDAO treasury note

  • Symbol: vAPDAO

  • Token Contract Address: 0xcDD866b78f70f8B43FE888259B98CDD81De75e20

5. Incentive Tokens

Token 1

  • Name: Extra Fat BERA

  • Symbol: xfatBERA

  • Contract Addresses: 0xcAc89B3F94eD6BAb04113884deeE2A55293c2DD7

  • Tokenomics, Distribution, and Vesting: xfatBERA is minted by wrapping fatBERA, which is minted by staking BERA. There was no initial distribution or other tokenomics.

  • Token Type: LST. xfatBERA is an autocompounding wrapper for fatBERA, which is a BERA LST associated with a group of THJ-affiliated validators. xfatBERA peg is maintained through liquidity provisioning in a Kodiak Island and soon through redemptions. xfatBERA can be unwrapped to fatBERA, which soon will support validator staking withdrawals to redeem for BERA.

  • How many/week: 25,000

  • How many weeks: Ongoing

  • Incentive decision process: DAO multi-sig initially then automated

  • Incentive Manager Address: 0xAe8b5e58E423750a68BbB37ccaaD399deF93D24D

Token 2

  • Name: Wrapped BERA

  • Symbol: WBERA

  • How many/week: Variable

  • How many weeks: Ongoing

  • Incentive decision process: DAO multi-sig + strategy automation

  • Incentive Manager Address:TBD

6. Growth, Community & Ecosystem Impact

Why this contract matters

  • Drives validator performance and emissions through fatBERA staking, contributes to validator diversity, governance decentralisation, and blackholes $BERA in validator staking.

  • First PoL vault incentivising DAO management

  • Demonstrates BERA → BGT → LST flywheel

  • Automates BERA buybacks

  • Grows apDAO seat liquid backing

TVL expectations

25,000+ BERA equivalent per week provided as incentives → annual flow of >1.3M BERA through fatBERA, LSTs, and bgt.m

Synergies

  • Aligns with Beradrome validator PoL

  • Uses BGT and LST mechanics from BeraPaw, Kodiak, etc.

Marketing / Ecosystem

  • Promoted across apDAO seat holder base, validator partner network, and via integrated tooling with Gelato/Safe

  • Education-based outreach on validator economics

Long-Term Vision

The apDAO Reward Vault could evolve into a validator-centric compounding flywheel — eventually becoming a model for other validator-aligned DAOs and a default BGT sink strategy template.

7. Verification

Post on X:

2

Hi team, at the time of review, the BeraLabs team has the following clarifying question:

• Does ownership of the council seat change on a rolling basis, or do seat holders retain their position indefinitely unless they choose to sell their seat ownership?

Please note that the following feedback doesn’t represent the opinions of the BGT Foundation. It is contextual feedback from the Bera ecosystem team with respect to publicly stated guidelines.

With this clarification, the application will be better positioned for further consideration as a Reward Vault candidate.

3

Hi, there is no council. The DAO has 5,608 membership seats which each denote 1 share of DAO governance. There is no forced rotation for membership. Members can leave by ragequitting or selling their seat in the auction house. New members can join by buying a seat from the auction house.

4

Henlo @BeraLabsTeam apDAO would like to amend our RV request to clarify how BGT emissions will be utilized.

The apDAO governance proposal that authorizes this RV requires that all emissions are retained as either BERA LSTs or BGT LSTs. Please see the below excerpt:

Vault BGT emissions are to be used as follows:

  1. mint or purchase fatBERA (boosting the apDAO x Beradrome validator stake)
  2. periodically claim as an LST (at the discretion of the beekepers subject to ongoing assessment of premium and liquidity) and convert to $BERA or $fatBERA until the amount used for incentives that week is replenished
  3. claim any surplus emissions in each weekly period through bgt.markets as $mBGT to form part of apDAO treasury (which subject to any further proposals is to be used to boost the Beradrome x apDAO Validator)

As such, the BGT Foundation and the BeraLabs Team can be assured that this RV is a well-aligned and positive catalyst for BERA, essentially black-holing emissions to utilize their yield for treasury yield, participate in validator boosting via BGT LSTs, and increase network security through validator staking via fatBERA. In the future, apDAO governance may contemplate proposals to further utilize the resulting BERA or BGT LSTs to provide liquidity to key pairs that support a vibrant Berachain ecosystem.

And furthermore, this Berachain alignment is core to apDAO. It is enshrined in its corporate charter, governance standards, and has been a key point in its public positioning since inception. Please see the below excerpt from the apDAO docs:

ApiologyDAO (apDAO) exists at the financial core of the Berachain ecosystem, functioning as a “hive” that bootstraps cultural and financial liquidity across the many DeFi protocols that live on Berachain. apDAO supports and grows these key protocols by strategically directing the flow of investments and resources to various applications, helping to foster deep integrations and deep liquidity for Berachain. Like bees, apDAO pollinates across the application layer, all for the strategic benefit of the hive.

This should breed confidence that apDAO’s commitment to using the emissions of this RV in alignment with BERA, BGT, and the Berachain economy is enduring.

5

@BeraLabsTeam sorry for the mixup but I provided the wrong RV contract address above and in the application form. The correct address is 0xc6dd0727f00cda3972be452f2009ec4973cd74d0