Criteria for approval
1. Proposer Details
- Proposer’s project name: BeraPaw
- Proposer’s email [REDACTED]
- Proposer’s X account (you will be required to make a post from the X account provided for verification purposes) https://x.com/0xBeraPaw
- Best Telegram Handle for questions/fixes (remember to enable DMs from non-contacts) [REDACTED]
The proposer should be affiliated with the protocol or at least one of the tokens in the contract.
- Protocol Details
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Your Protocol Name BeraPaw
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Protocol Description BeraPaw is an innovative liquid staking protocol that converts Berachain’s native token into a more versatile and liquid asset, providing users with a seamless and hassle-free experience.
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Protocol audits links BeraPaw Docs
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Protocol URL https://berapaw.com/
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Protocol Logo URL https://drive.google.com/file/d/14wGheyA0gnsK9vjZPTJDCD3IrCDXmONO/view?usp=drive_link
- Reward Vault and Staking Token Details
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Vault Name BeraPaw-Euler-MevCapital WBERA Lending
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Reward Vault Address: 0x33414563aB271b8720569329AAbc8767fc507af3
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Logo URL: euler.png - Google Drive
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Staking Token Address 0xCF21469a78aC96f4d84Eb4e77E515A8A672330CF
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Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply. 100% of the token supply is controlled by BeraPaw’s Proof of Liquidity Vault. 50% of the rewards will be used to incentivize the reward vault and 50% will be autocompounded for vault stakers. More information on the design: BeraPaw Docs
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Is the Staking Token located on BEX? No
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Specify the protocol where the Staking Token is located BeraPaw
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Link to where the Staking Token is located https://berapaw.com/strategies
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Existing Liquidity / TVL (if it is a DEX pool the TVL should be at least $50K in a major ecosystem asset) $50K of WBERA
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Describe how a user should acquire this staking token
Users are not able acquire the staking token, but are able to get his share of rewards by staking on BeraPaw’s Proof of Liquidity Strategy Vault - BeraPaw Docs
4. Tokens Information
For each token in the pool/staking token, please provide
- Name Wrapped BERA
- Symbol BERA
- Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
0x6969696969696969696969696969696969696969
5. Incentive Tokens
Only up to three tokens can be whitelisted for use as incentives in a Reward Vault. Indicate which tokens will be used and provide all relevant information below.
Required Data for Incentive Tokens:
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Name Liquid BGT
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Symbol LBGT
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Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
0xBaadCC2962417C01Af99fb2B7C75706B9bd6Babe -
Tokenomics, Distribution, and Vesting BeraPaw Docs
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Identify any address(es) controlling more than 10%in un
None -
Does the project issuing the token have any relationship with current Berachain validators? Yes
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If yes, which ones? N/A
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Total Supply Cap (if any) No supply cap
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Circulating Supply ~1.7M
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Token Type:
LST -
If either token is a native stablecoin, LST, or governance token, provide extra details on Can be redeemed for BERA just as BGT.
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Are token contracts upgradable? No
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Token Control: Multisig
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Additional details on Token Control
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Is the token contract verified? Yes
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Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
Mint is controlled by BeraPaw forge contract, it only issues LBGT in exchange for BGT. -
Can the token be paused? No
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Name Wrapped BERA
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Symbol WBERA
Additional Requirements:
- Specify how many tokens per week you plan to allocate for incentives
$20k-$50k
- Specify for how many weeks you plan to allocate incentives
420 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)
0xe105B981bC871c6591a666424FF2368097836469
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
- How will this contract benefit Berachain? This contract will further develop the Euler - MEV Capital Blue Cluster, allowing users to borrow both LBGT and BERA. Giving a bigger liquidity depth for both LBGT and BERA and allowing more strategies around these assets. Berapaw’s PoL brings the further utility of perpetuating the proof of liquidity flywheel while abstracting complex chain mechanics from the user. By bringing more incentives to the orderbook we further improve BGT yield which prevents it from being redeemed for BERA.
- Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? Yes, BERA and LBGT.
- Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes, will drive more use to all LBGT and BERA pairs and will deepen its liquidity.
Potential Volume / TVL:
- Provide metrics or estimates on liquidity you expect to attract. 5M-10M
- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)
BeraPaw and Mev Capital will seed the incentives flywheel and later perpetuate it through Berapaw’s Proof of Liquidity Strategy. Any additional incentives needed will be provided by both parties.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? Will feed LBGT, stLBGT, BERA and future token whitelisted into Euler’s Blue Cluster Capital.
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity?
Yes, BeraPaw + Euler
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 vault will be used to further develop many looping strategies, euler lending market and the mev capital blue cluster.
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]”
- https://x.com/0xBeraPaw/status/1920572156695454142
- Please insert the link to your proposal on the Berachain Governance Forum
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!