# General (non-BEX) RFRV – bSUMER by Sumer Money

Proposals Reward Vaults
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Summary of RFRV Criteria

  • Deployed Contract: Must already be live.
  • Deployed Tokens: Must have the incentive tokens live.
  • Economic Value: Show significant TVL, trading volume potential, or strategic benefit.
  • Security: Use standard or audited contracts; tokens must be reputable.
  • Decentralization: Each token in the pair must show sufficient decentralization.
  • Transparency: Team/project info, audits, and open communication.
  • Synergy: Integrate with or benefit the broader Berachain ecosystem.
  • Community Support: Demonstrate genuine interest/demand.
  • Operational Safety: Clear ownership, upgradeability details, and compliance considerations.
  • Pair with a Major (Recommended for DEX pools): Major tokens are BERA, HONEY, BYUSD, USDC, wETH, and wBTC.
  • Verification: The proposer should be affiliated with the protocol or at least one of the tokens in the contract.

1. Proposer Details

  • Email: info@sumer.money
  • Proposer’s project name: Sumer Money
  • Proposer’s X account: Sumer Money
  • Best Telegram Handle for questions/fixes: Xiaohan Zhu
  • Affiliation: Protocol

2. Protocol Details

  • Protocol Name: Sumer Money
  • Protocol Type: Lending
  • Protocol X profile link: Sumer Money
  • Protocol docs link: Documentation
  • Protocol audits links: Audit Reports
  • Relationship with Berachain validators: No

3. Contract/Pool Details

  • Contract Name: bSUMER
  • Contract Address: 0x30E148a79B898EFa1Ab1285F5Eca71972a7e0acE
  • Contract Type / Configuration: Standard ERC20 Contract
  • Contract Functionality:
    • Premint Token Supply
    • Distribute bSUMER as per Points earned on the Sumer Points Program to incentivize activity and yield over idle TVL
    • Delegation of BGT earned to users in the rewards vault based on active deposit, borrow, mint of suToken, and sutoken liquidity
  • Contract Fees: Up to 10% of staking rewards for protocol revenue
  • Existing Liquidity / TVL: NA
  • Major Token Holders: Depends on deposits, borrows, redemption, and repayment
  • Contract Upgradeability: Yes, if distribution logic changes to aid activity and yield
  • Contract Control: Multisig
  • Contract Verification: Yes
  • Contract Pause Capability: Yes
  • Oracle Dependency: No

4. Token Details

Non-Major Tokens:

  • Name: BERA Sumer
  • Symbol: bSUMER
  • Contract Address: 0x30e148a79b898efa1ab1285f5eca71972a7e0ace
  • Tokenomics, Distribution, and Vesting:
    • Used for staking on BGT rewards vault
    • Minting and redemption depend on deposits, borrows, suToken mint, and sutoken liquidity on Sumer
  • Major Token Holders: Distribution depends on deposits, borrows, suToken mint, and liquidity
  • Relationship with Berachain validators: No
  • Total Supply Cap: None
  • Circulating Supply: Depends on deposits, borrows, suToken mint, and liquidity
  • Token Type: Governance / RV Staking Token
  • Token Use Case:
    • Incentivizes deposits, borrows, suToken mint, and sutoken liquidity on Sumer on Berachain
    • Users get BGT/iBGT emissions based on contributions
  • Token Upgradeability: Yes, for security reasons
  • Token Control: Multisig
  • Token Verification: Yes
  • ERC20 Standard Compliance: Yes
  • Token Pause Capability: Yes, for security reasons

5. Token / Project Background / Incentive Token Whitelist

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • Benefits for Berachain:
    • Sumer’s core strategy on Berachain is giving liquidity and real yield to native assets
    • bSUMER will enable Sumer to incentivize borrowing, deposits, sutoken mints and liquidity on Sumer meeting both the critical requirements of liquidity and real yield
    • Sumer’s alignment with Berachain ecosystem is further strengthened by our readiness to list additional native tokens (for e.g. Kodiak, Pollen, Yeet, Ramen etc.) once credible oracle services are available for these tokens

Potential Volume / TVL:

  • Current TVL: $250K without incentives
  • Expected TVL Growth: Around $5M based on available RFA. ~5% APR can enable Sumer attract over 100 Million in BTC TVL to Berachain
  • Partnerships: Kodiak, Burrbear, Infrared, Beraborrow
  • Synergies:
    • Native Tokens: iBGT, iBERA (Infrared), NECT, sNECT (Beraborrow), gBERA (Smilee Finance)
    • Integrations: Magpie (Aggregator), LP tokens support (Burrbear, Kodiak, BEX), suUSD and suBTC trading pairs

Synergies with Other Protocols:

  • No, the staking token bSUMER by itself will not feed into other protocols
  • However, current broader synergies explored by Sumer are;
    • Native Tokens Supported
      • iBGT, iBERA - Infrared
      • NECT, sNECT – Beraborrow
      • gBERA – Smilee Finance
      • This is in addition to Major tokens BERA and HONEY
    • Integrations
      • LP Tokens support – Burrbear, Kodiak, BEX
      • Deposit staking – Infrared
      • suBTC – Collateral asset on Beraborrow
      • suUSD – BERA/ HONEY trading pairs on Kodiak
      • Magpie – Aggregator enabling Collateral Swap, liquidations

Marketing / Promotion:

  • Co-marketing with partners: Yes
  • Long-Term Vision:
    • Establish bSUMER as a core staking/reward asset
    • Strengthen Sumer’s role in Berachain’s liquidity ecosystem

7. Verification

Required Post for X Verification:

“Submitted Reward Vault Request for bSUMER [Sumer Reward Vault staking token] on protocol Sumer Money with incentive tokens BERA”

  • Verification Post Link: Tweet

Final Reminder

A successful RFRV must demonstrate:

  • Security: Low smart contract and token risk
  • Demand: Proven community and liquidity provider interest
  • Ecosystem Benefit: Enhances volume, TVL, or strategic growth for Berachain

Make sure to cover these points clearly to maximize your chances of passing the governance vote / RFRV!

3 Likes
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This proposal is an exemplary demonstration of a well-thought-out and structured approach, aligning perfectly with the RFRV criteria. The Sumer Money team has clearly prioritized transparency, security, and decentralization, as highlighted by their use of audited contracts, multisig controls, and the alignment of incentives with community interest. The integration of bSUMER within Berachain’s ecosystem shows strategic foresight by focusing on real yield and liquidity enhancement for native assets.

Moreover, the proposed partnerships and synergies with other protocols, such as Kodiak and Infrared, underscore a collaborative vision that strengthens Berachain’s overall ecosystem. The projected TVL growth to $5M and beyond speaks volumes about the potential economic impact of this initiative. It’s exciting to see a project that not only meets but exceeds the expectations for governance proposals. Kudos to the team for such a meticulous and impactful submission!

2 Likes
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Im bulish on sumer.money they giving true reward for who’s beras believe on their.

I think bera tvl looks good in sumer rn, will be more huge if we got incentivized vault in the future

1 Like
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Hi team, thanks for the proposal.

Could you please help address the following concerns?

  • 0 circulating supply of bSUMER token
  • No dApp or native token integration
  • No clear ecosystem utility

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 the following changes implemented, this application should be a better candidate for a Reward Vault.

1 Like
5

Please find our clarifications and updates addressing the concerns raised:

Key Focus:
Driving revenue from the Bera ecosystem by enabling capital-efficient user activity.

Core Value Proposition:
Sumer enables users to loop correlated assets—such as iBERA, gBERA, BERA, iBGT, yBGT, lBGT, stBGT, and mBGT—with maximum capital efficiency, powered by our correlation-aware risk engine.

Primary Incentive Mechanism:
Our strategy is to incentivize user behavior that aligns with Bera ecosystem goals—specifically depositing, borrowing, and looping ecosystem-native assets.

Ecosystem Integrations:
With support for BERA staking withdrawals in plan, we will integrate BERA LSTs and BGT derivatives as collateral assets to help drive utility to native ecosystem tokens.

Utility for the Ecosystem:
By accepting major BERA and BGT derivatives as collateral and enabling capital-efficient borrowing and looping, Sumer has potential to be a composable building block for Bera-native DeFi activity. This supports greater asset utility and deeper liquidity within the ecosystem.

bSUMER:
The bSUMER Reward Vault is a action based incentive vault. It uses a dummy ERC-20 token to represent active user participation in borrowing/looping strategies. This token:
• Has no market value
• Requires no user interaction
• Is auto-staked on behalf of users to help them accumulate BGT rewards
• Resets weekly, based on pro-rata user activity in trailing week
• Allows BGT rewards to be claimed and delegated via the Hub

This model is inspired by and already live across other Bera ecosystem projects like bro.trade, Kuma, and Kettle.

Reward Vault Request for bSUMER by Sumer Money
6

Hi team,

This submission is over two months old. In line with the three-week maximum roll-over policy for unapproved applications, it is recommended that the proposer re-apply with updated details.

To help provide more guidance for your new application, please note the outstanding concerns identified with this proposal:

• No reward vault address was provided in the original application. Although a vault address was later located, this information should have been explicitly included to ensure clarity and traceability.
• The associated liquidity pool could not be identified, and therefore TVL could not be verified.
• The proposed incentive amount does not meet the minimum requirement stipulated in the guidelines, which specified that each vault should target the ability to incentivize at least $10,000 per month.
• The reward duration was not specified, as the submission predates the introduction of duration requirements. Please provide updated information on the intended incentive period in the new form.

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 the following changes and clarifications implemented, this application should be a better candidate for a Reward Vault.

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New Request submitted here - Reward Vault Request for bSUMER by Sumer Money