# General (non-BEX) RFRV Reward Vault Request for Kodiak rUSD/USDT0 Island Pool

**URL:** <https://forum.berachain.com/t/general-non-bex-rfrv-reward-vault-request-for-kodiak-rusd-usdt0-island-pool/1102>\
**Category:** Reward Vaults\
**Created:** [April 30, 2025, 8:30pm UTC](https://forum.berachain.com/t/general-non-bex-rfrv-reward-vault-request-for-kodiak-rusd-usdt0-island-pool/1102 "2025-04-30T20:30:06Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Reservoir](https://yyz1.discourse-cdn.com/flex035/user_avatar/forum.berachain.com/reservoir/32/19_2.png) [@Reservoir](https://forum.berachain.com/u/Reservoir)\
**Post date:** [April 30, 2025, 8:30pm UTC](https://forum.berachain.com/t/general-non-bex-rfrv-reward-vault-request-for-kodiak-rusd-usdt0-island-pool/1102/1 "2025-04-30T20:30:06Z")

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### 1. Proposer Details

- Email
  - derek@reservoir.xyz

- Proposer’s project name
  - Reservoir

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

- Best Telegram Handle for questions/fixes
  - @spacewhalecapital

- Affiliation (protocol / one of the tokens in the contract)
  - Kodiak - $rUSD / $USDT0
  - Reservoir - issuer of $rUSD
  - Tether - issuer of $USDT0

### 2. Protocol Details

- Protocol Name (Example: XYZ DEX)
  - Kodiak

- Protocol Type (DEX/Lending/Staking/Derivatives/Other)
  - Dex

- Protocol X profile link
  - @KodiakFi

- Protocol docs link
  - [https://documentation.kodiak.finance/](https://documentation.kodiak.finance/)

- Protocol audits links (multiple links)
  - [Audits | Kodiak Finance](https://documentation.kodiak.finance/security/audits)

- Does the protocol have any relationship with current Berachain validators?
  - Yes

### 3. Contract/Pool Details

- Contract Name (Example: $EXAMPLE / $BERA)
  - $rUSD / $USDT0

- Contract Address: Insert the contract address.
  - 0x1fb6c1ade4f9083b2ea42ed3fa9342e41788d4b5

- Contract Type / Configuration: Is it a standard AMM pool, a lending pool, a derivatives pool, a custom contract
  - Standard AMM pool

- Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…)
  - Deposit rUSD / USDT0 into liquidity pool on Kodiak and can also redeem directly from the pool

- Contract Fees: Outline the fee structure (e.g., 10% of staking rewards)
  - .05%

- Existing Liquidity / TVL: current liquidity and volume stats (if applicable).
  - Liquidity - $101,000
  - Volume - 0

- Identify any address(es) controlling more than 10% of the contract shares  
(address / type: team, protocol-owned liquidity, etc.)
  - no

- Is the contract upgradable?
  - no

- Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
  - Multisig, 3 signers.

- Additional details on Contract Control
  - Contract controls are used by the “manager” of the Kodiak Island for permissioned rebalancing of the range to provide active liquidity.

- Is the contract verified?
  - yes

- Can the contract be paused?
  - Yes, for security reasons. Kodiak Islands are actively monitored by HyperNative Security Monitoring system that has permission to pause using their real-time threat intelligence system. Unpause is controlled by the “manager” multisig described above.

- Does the contract rely on oracles?
  - (If yes, explain oracle dependency)
  - no

### 4. Token Details

#### Provide the following details for each token in the contract (up to 5):

##### For Major Tokens:

- Name - USDT0
- Symbol - $USDT0
- Contract Addresses
  - Bera: 0x779Ded0c9e1022225f8E0630b35a9b54bE713736
  - Eth: 0xdAC17F958D2ee523a2206206994597C13D831ec7

##### For Non-Major Tokens:

- Name - Reservoir Stablecoin
- Symbol - $rUSD
- Contract Addresses (on Berachain and bridging addresses if cross-chain):  
chain / address
  - rUSD on Bera: [https://beratrail.io/address/0x09D4214C03D01F49544C0448DBE3A27f768F2b34](https://beratrail.io/address/0x09D4214C03D01F49544C0448DBE3A27f768F2b34)
  - rUSD on Eth: [Reservoir Stablecoin (rUSD) | ERC-20 | Address: 0x09d4214c...f768f2b34 | Etherscan](https://etherscan.io/token/0x09d4214c03d01f49544c0448dbe3a27f768f2b34)

- Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
  - n/a

- Identify any address(es) controlling more than 10%  
(address / type: team, foundation, investor, etc.)
  - n/a

- Does the project issuing the token have any relationship with current Berachain validators?
  - Yes

- If yes, which one?
  - Infrared

- Total Supply Cap (if any)
  - n/a

- Circulating Supply
  - $51.1mm on Berachain, $85.03mm total

- Token Type:  
(Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other)
  - Stablecoin

- Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)
  - Swap rUSD \<\> USDT0, enabling users to swap rUSD and USDT0 natively on Berachain to use across different applications on Berachain (Goldilocks, Dolomite, Beraborrow, Euler, Infrared, Origami and others)

- Are token contracts upgradable?
  - yes

- Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance)
  - Permissionless

- Additional details on Token Control
  - n/a

- 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  
(If custom, provide a link to an audit.)

- Can the token be paused?
  - no

### 5. Token / Project Background / Incentive Token Whitelist

Only two 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 Token:

- Name - Bera
- Symbol - $wBERA

#### Additional Requirements:

- Specify how many tokens you plan to allocate for incentives and over what period of time.
  - 15,000 BERA over 6 months

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

- 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)
  - 0x5e102471d7084884836eE994877635c8399BD7b7

### 6. Growth, Community & Ecosystem Impact

#### Why This Contract Matters:

- How will this contract benefit Berachain?
  - Functions as a core stablecoin pool and facilitates swapping for use cases on several dApps on Berachain such as Dolomite, Euler, Goldilocks, Infrared etc.

- Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
  - No

- Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?
  - Yes. It enables deep liquidity for lending out both rUSD and USDT0, levered looping, and liquidity for liquidations.

#### Potential Volume / TVL:

- Provide metrics or estimates on liquidity you expect to attract.
  - $25m to $50m to begin while increasing overtime

- Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.)
  - Several of our partners are ready to deploy once this goes live

#### Synergies with Other Protocols:

- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?
  - Yes (Dolomite, Euler, Infared, and Origami)

#### Marketing / Promotion:

- Are there plans to co-market with another project to bootstrap liquidity?
  - Yes - Tether, Kodiak, Infrared

#### 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.)
  - Major stable pool for Bera

### 7. Verification

Please post the following text with the provided X account:

Submitted Reward Vault Request for rUSD/USDT0 on protocol Kodiak with incentive token wBERA

> <https://x.com/reservoir_xyz/status/1917677634919751889>

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**Author:** ![woody](https://avatars.discourse-cdn.com/v4/letter/w/ac91a4/32.png) [@woody](https://forum.berachain.com/u/woody)\
**Post date:** [May 2, 2025, 8:22pm UTC](https://forum.berachain.com/t/general-non-bex-rfrv-reward-vault-request-for-kodiak-rusd-usdt0-island-pool/1102/2 "2025-05-02T20:22:18Z")

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i clearly dont have enough rUSD