General (non-BEX) RFRV Reward Vault Request for LiquidRoyalty: Junior Vault (JNR)

1. Proposer Details


2. Protocol Details

  • Protocol Name: LiquidRoyalty
  • Protocol Description: Liquid Royalty Protocol is an RWA tokenization protocol that tokenizes e-commerce cashflow from top e-commerce merchants into royalty tokens.
  • Protocol audits links: see RFRV form
  • Protocol URL: www.liquidroyalty.com
  • Protocol Logo URL Liquid-Royalty-v5-2 hosted at ImgBB — ImgBB

3. Reward Vault and Staking Token Details

  • Vault Name: LiquidRoyalty - Junior Vault
  • Reward Vault Address: 0xaDe4Ff3041916aBBac08e14E6297363356f61d75
  • Logo URL: Junior Vault 1024x1024 hosted at ImgBB — ImgBB
  • Staking Token Address: 0x268D71B488C584579E7179b8294187Fdd4F450B3
  • Is the Staking Token located on BEX? No
  • Specify the protocol where the Staking Token is located: LiquidRoyalty
  • Link to where the Staking Token is located: LiquidRoyalty
  • Existing Liquidity / TVL: $2.5mil
  • Describe how a user should acquire this staking token: Stake USDe to Junior Vault (LiquidRoyalty)
  • Reward Duration address: 0xd81055AC2782453cCC7FD4f0bC811EEF17D12Dd7

This address will manage the Reward Vault duration, i.e. the number of days over which BGTs are distributed to stakers. Note that:

  • default duration is 7 days - i.e. BGTs are distributed over 7 days.
  • it can be adjusted within a range of 3 to 7 days.
  • changing the duration affects your vault’s APR.

4. Tokens Information

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

  • SailOut Royalty | SAIL.r | 0x59a61b8d3064a51a95a5d6393c03e2152b1a2770
  • Ethena USD | USDe | 0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34

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:

Incentive Token 1

  • Name: Ethena USD
  • Symbol: USDe
  • Token Contract: 0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34

Incentive Token 2

  • Name: SailOut Royalty
  • Symbol: SAIL.r
  • Address: 0x59a61b8d3064a51a95a5d6393c03e2152b1a2770

Incentive Token 3

  • Name: Junior Vault
  • Symbol: JNR
  • Token Contract: 0x268D71B488C584579E7179b8294187Fdd4F450B3

Additional Requirements:

  • Specify how many tokens per week you plan to allocate for incentives
    0-$1000 worth per week depending on condition
  • Specify for how many weeks you plan to allocate incentives
    In perpetuity unless conditions changed
  • Outline how decisions about token incentives are made: Multi-sig
  • Incentive Manager address: 0xd81055AC2782453cCC7FD4f0bC811EEF17D12Dd7

6. Growth, Community & Ecosystem Impact

Why This Contract Matters:

  • How will this contract benefit Berachain?
  • Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?
  • Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?

Junior Vault provides 100% Kodiak LP exposure + spillover yield from Senior Vault.

Kodiak LP tokens are Royalty Tokens paired with USDe stablecoin, more TVL in Junior Vault deepens liquidity and directs more USDe to PoL incentives (as we redirect all daily distrubtions from royalty tokens sitting LP).

Potential Volume / TVL:

  • LiquidRoyalty has already seeded $2mil of TVL in Junior Vault

Synergies with Other Protocols:

We collaborate with protocols like Infrared and looking to integrate with Dolomite to customise yield farming strategies

Marketing / Promotion:

LiquidRoyalty has boostrapped the liquidity. Marketing wise we have engaged multiple berachain-native influencers including “Amy on Bera” and “DeFi Ted”

Long-Term Vision:

  • How could this reward vault evolve over time?
  • Junior will become a “hedge fund” like product that has higher sharpe ratio than pure token exposure, abstractising complexity of royalty tokens. Eventually it will become the default entry point for users who want pure LP exposure with good return on the RWA category
  1. 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/liquidroyaltyX/status/2037062307726156213?s=20

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!