RFRV Reward Vault Request for QIA-Strategy-Vault

Reward Vaults
1

Before I delve into the form, I would like to explain a bit about QIA and this unconventional RFRV.

What is QIA?

Quod in Altum (QIA) is a “buyback and burn” memecoin designed specifically for Berachain’s proof of liquidity. It was created as a fun experiment and proof of concept of an alternative way to leverage PoL’s rewarding mechanism. Quod in Altum is latin and translates roughly to “That which is high” or “What is above”, and for a token it implies “Something that’s meant to rise” or “Up Only”.

How it works?

$QIA leverages Proof of Liquidity in a unique and novel way, where BGT emissions are used to burn $QIA bought from the market, rewarding all holders in the process. This mechanism runs through Berapaw’s Proof of Liquidity Strategy Vault, where all BGT emissions are minted as $LBGT and sent directly to its own reward vault to be posted as incentives up to a 2,000 cap. All remaining emissions are automatically used to buy $QIA from LBGT-QIA Kodiak’s pool for burning.

Flywheel
Flywheel1600×900 129 KB

The whole process is permissionless and baked into contracts, the only management required by the $QIA team is authorizing bribes on the reward vault and setting up rates.

Criteria for approval

1. Proposer Details

Proposer’s project name

  • Quod In Altum

Proposer’s email

Proposer’s X account (you will be required to make a post from the X account provided for verification purposes)

Best Telegram Handle for questions/fixes (remember to enable DMs from non-contacts)

  • Sent on typeform, hidden here for spam reasons.

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

  1. Protocol Details

Your Protocol Name

  • Quod In Altum

Protocol Description

  • Quod in Altum (QIA) is a “buyback and burn” memecoin designed specifically for Berachain’s proof of liquidity. It was created as a fun experiment and proof of concept of an alternative way to leverage PoL’s rewarding mechanism. Quod in Altum is latin and translates roughly to “That which is high” or “What is above”, and for a token it implies “Something that’s meant to rise” or “Up Only”.

Protocol audits links

Protocol URL (link to dApp)

  • Protocol Logo URL (image must be 1024x1024 and non-transparent)
  1. Reward Vault and Staking Token Details

Vault Name

  • QIA

Reward Vault Address:

  • 0x999008608Dcf23d5DCA29b3c863D4353f61De243

Logo URL: Vault Image 1024x1024 and non-transparent

Staking Token Address

  • 0xf91CfBB6c7203D1D659e3C2FcAF4A0f7dD51B3D8

Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply.

  • The staking token is 100% controlled by BeraPaw’s Proof of Liquidity Strategy Contract, where rewards will be used to buyback QIA and burn it, rewarding all holders in the process. Instead here is a list of QIA big holders addresses.
    QIA Address Identification - Google Sheets

Is the Staking Token located on BEX?

  • No

Specify the protocol where the Staking Token is located

  • Staking token lives on BeraPaw Contract, and can’t be acquired by the user. To be rewarded he must hold QIA. And QIA can be acquired through Kodiak or Ooga Booga

Link to where the Staking Token is located

Existing Liquidity / TVL (if it is a DEX pool the TVL should be at least $50K in a major ecosystem asset)

  • LBGT-QIA Uniswap V2 pools sits on $200K TVL, all LP tokens were automatically burned when the token graduated from Panda Factory.

Describe how a user should acquire this staking token

  • Users are not able to acquire the staking token, they must acquire QIA to be rewarded from the BuyBack and Burn mechanism.

4. Tokens Information

For each token in the pool/staking token, please provide

Token 1

Name

  • Quod In Altum

Symbol

  • QIA

Token Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address

  • 0x41fc191d145307667ea3e50f244b78de9cddf53f

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:

Token 1:

Name

  • Quod in Altum

Symbol

  • QIA

Additional Requirements:

Specify how many tokens per week you plan to allocate for incentives

  • Initially zero, but the token will be slowly introduced as it matures. Total dollar value across all incentives is between $10k-$40k weekly.

Specify for how many weeks you plan to allocate incentives

  • At least 12 months.

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

  • Multi-Sig

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)

  • 0xb8d100ba76f0c476986F46812c904843a153c1AD

Token 2:

Name

  • Liquid BGT

Symbol

  • LBGT

Additional Requirements:

Specify how many tokens per week you plan to allocate for incentives

  • Around $10k-$40k of LBGT per week.

Specify for how many weeks you plan to allocate incentives

  • At least 12 months.

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

  • Multi-Sig

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)

  • 0xb8d100ba76f0c476986F46812c904843a153c1AD

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

How will this contract benefit Berachain?

  • BGT (and thus BERA sink). $LBGT used for buybacks will be locked forever on the pool causing a slowdown on the chain inflation through BGT redeems.

  • Constant incentives. This increases competition on the incentives market while also increasing the BGT yield.

  • Proof of Liquidity innovation. QIA showcases a novel way to work with Proof Liquidity, serving as a model and inspiration for future projects that want to use the chain in non-ortodox ways.

  • Gathering Users. We want to use QIA as a gateway for memetoken traders to come to Berachain, increasing the user base and Proof of Liquidity awareness.

  • Community Demand. QIA had record graduation time at launch, reaching $400K MCap in one hour and 2.3M Mcap 5h after launch.

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

  • Not initially, but can increase $LBGT depth with new pools being spun in the future. And enable interesting integrations notably with Osito.

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

  • QIA will be integrated with Osito upon its launch. Where users will be able to borrow LBGT and BERA using the token as collateral.

Potential Volume / TVL:

Provide metrics or estimates on liquidity you expect to attract.

  • $1M-$3M TVL on the main pool with a 200k-1M daily volume.

Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)

  • Pool is already seeded from Panda launch and LP tokens were burned.

Synergies with Other Protocols:

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

  • QIA is already intertwined with LBGT due to the live LP and its unique mechanic. In the future it will be integrated with the Osito lending market.

Marketing / Promotion:

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

  • Co-Marketing with Berapaw, Kodiak and Osito inside Berachain.

  • Alignment with KOLs from other chains to bring users to Berachain.

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.)

  • Eventually when we reach a deep enough liquidity, QIA can become a go to memecoin trading pair where even whales will be able to move large volumes without worrying about too much slippage.

  • QIA can become a model for future projects that wish to leverage this mechanism, maybe even turning into a spinoff where other meme token creators can permissionless replicate it.

7. Verification

Please post the following text with the provided X account:

“Submitted Reward Vault Request for QIA-Strategy-Vault on protocol BeraPaw with incentive tokens QIA, LBGT”

Insert X post link

Final Reminder

A successful RFRV hinges on demonstrating:

  1. Security: Low smart contract and token risk.
  2. Demand: Community and liquidity providers want this pair.
  3. 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!

7 Likes
2

Berapaw / QIA has taken a very unique approach to POL that’s very different from standard liquidity pools. We have a pipeline of 10+ teams interested in doing similar experiments - would be great to see this experiment play out!

3 Likes
3

Henlo lil beras

Note for @BeraLabsTeam: This Strategy Vault is not a BGT or BERA sink, and it does not slow down chain inflation.

At any point, any holder can sell QIA for LBGT and exit. Even after Osito integration, any holder can borrow LBGT using their QIA token and exit. This strategy only increases the amount of LBGT a holder can withdraw per QIA.

Since the Vault long term plan is to turn into bribing with QIA , and the bribes are most likely to be sold for Bera , it’s not a Bera sink .

Since the QIA strategy burns QIA, it acts as a QIA sink, not a BERA sink. The benefit it provides to BERA is equivalent to any other memecoin pool. The only portion of LBGT that will be sunk comes from inactive holders in the long term.

Does this mean QIA-Strategy-Vault will bribe in normal range that everyon does ? Because if this turns into under-bribing vault that BeraPaw or Kodiak validator picks up . it won’t be a value add to bribe market .

4

Thanks for the concerns, but you assessment is incorrect.

Would be true if people could retrieve QIA or burned LP tokens from the dead address. What will happen in effect is that even if all QIA is dumped, LBGT will still remain on the pool.

The strategy uses LBGT to buy QIA from the LBGT-QIA pool. In summary QIA goes to the dead address and LBGT stays locked on the pool because LP position can’t be withdrawn and the corresponding QIA does not exist anymore to be dumped. Since the locked LBGT won’t ever be redeemed, it acts like a sink for unrealized inflation.

We haven’t said that, means that we will be able to throughput more incentives. Increasing the competition of the incentives market.

2 Likes
5

When you burn an LP token, you are not burning the QIA and LBGT paired in it. They remain accessible through swaps. That said, for any V2 pool with burnt LP, you can assume 10% of the paired tokens are inaccessible to traders. The QIA-Strategy-Vault on a V2 pool does not increase that percentage. The QIA-Strategy-Vault will only start functioning as a Bera sink when it burns more than 50% of the QIA supply. I’m not going into the mathematics of why I believe this is not feasible.

To be clear, I’m not against the QIA-Strategy-Vault. I’m more in the camp of approving anything and delisting later. However, I still believe mentioning the BGT/Bera sink as an advantage of the QIA-Strategy-Vault is incorrect.

thanks for clarification .