1. Proposer Details
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Proposer’s project name: BoogaBullas
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Proposer’s email: boogabullas@gmail.com
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Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): @BoogaBullas
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Best Telegram Handle for questions/fixes (remember to enable DMs from non-contacts): OXSJ420
The proposer should be affiliated with the protocol or at least one of the tokens in the contract.
2. Protocol Details
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Your Protocol Name: Booga Bullas
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Protocol Description: Pure leveraged Bera exposure, no liquidations, perpetual treasury growth trough fees and buybacks
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Protocol URL (link to dApp): https://www.boogabullas.com/
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Protocol Logo URL (image must be 1024x1024 and non-transparent): Imgur: The magic of the Internet
3. Reward Vault and Staking Token Details
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Vault Name (Example: iBGT on Infrared): Booga Bullas BGT Blackhole
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Reward Vault Address: (insert only the contract address): 0x8846BceF9DCF883C14CA293883b353A79574006f
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Logo URL: Vault Image 1024x1024 and non-transparent: Imgur: The magic of the Internet
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Staking Token Address: 0x9a9aE9c881FADCFC85857E9375fC2C8443064263
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Submit a Google Sheet link identifying addresses controlling more than 20% of the Staking Token supply: addresses controlling more than 20% of supply - Google Sheets
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Protocol URL (link to dApp):https://www.boogabullas.com/
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Protocol Logo URL (image must be 1024x1024 and non-transparent): Imgur: The magic of the Internet
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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 (Ex: BEX, Kodiak, YourOwnProtocol): The staking token is a dummy token 100% owned by the Booga Bullas multisig, where BGT earned is permanent blackholed and yield generated with it is used to buy and burn / relist Booga Bullas at a markup with the purpose to increase the floor and blackhole even more BGT
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Link to where the Staking Token is located: https://berascan.com/address/0x1eb92b2fd6c9ff343da89ada72c6a5791b96e93d
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Describe how a user should acquire this staking token: The staking token is a dummy token 100% owned by the BoogaBullas multisig
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Reward Duration address: 0xa83376ff0b94914b80c860786658c7eAa15e500c
This address will manage the Reward Vault duration, i.e. the number of days over which BGTs are distributed to stakers. Note that:
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default duration is 7 days - i.e. BGTs are distributed over 7 days.
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it can be adjusted within a range of 3 to 7 days.
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changing the duration affects your vault’s APR.
4. Tokens Information
For each token in the pool/staking token, please provide
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Name: N/A
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Symbol: N/A
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Token Contract Addresses (on Berachain and bridging addresses if cross-chain): : N/A
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: BERA
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Symbol: BERA
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Name: HONEY
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Symbol: HONEY
Additional Requirements:
- Specify how many tokens per week you plan to allocate for incentives:
This reward vault will be incentivized with the royalties Booga Bullas earn so the amount heavily depends on the volume of our NFTs.
Specify for how many weeks you plan to allocate incentives:
In Perpetuity.
- 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)
0xa83376ff0b94914b80c860786658c7eAa15e500c
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
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How will this contract benefit Berachain?
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Trading Volume and Treasury Growth: PoL allows Booga Bullas to aquire BGT at a more efficient rate vs buying iBGT from the open market. Therefore our treasury grows faster and can blackhole more BGT in a shorter period of time which decreases the sell pressure from BGT redemptions and increases demand for BGT by increasing its scarcity
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Impact on Berachain Trenches: A faster growing treasury leads to a faster floor and volume growth of Booga Bullas. As almost every surviving trench warrior is invested in this collection it benefits the chain by boosting the moral of most loyal community members while highlighting to other NFT communities outside the chain that Berachain NFT volume is not dead at all
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Buying and selling of Booga Bullas NFTs perpetually creates demand for BGT but never sell pressure!
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bridges the gap between NFTs (easy to understand and interact with) and PoL (difficult to understand, sometimes hard to interact with)
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Potential Volume / TVL:
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As our current treasury will use 100% of our yield to buy Booga Bullas, volatility, volume, royalties and therefore bribe budget is guaranteed
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Synergies with other Protocols:
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Buy pressure and deflation for Booga Beras and Bullas. iBGT will be turned into vBGT later on and staked into our own subvalidator which makes PoL more efficient and creates fees for Vase.Finance
Marketing / Promotion:
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Are there plans to co-market with another project to bootstrap liquidity?
- Yes, co-marketing will be done with Bullas, Booga Beras and Vase Finance
Long-Term Vision:
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How could this reward vault evolve over time? (E.g., eventually becoming a core liquidity pair or a major stable pool for the chain.):
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Perpetually enable sustainable growth by blackholing chain inflation in the most efficient way possible and therefore improve key stats of Berachain
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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]”
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Insert X post link: https://x.com/BoogaBullas/status/1998825621657465330?s=20
Final Reminder
A successful RFRV hinges on demonstrating:
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Security: Low smart contract and token risk.
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Demand: Community and liquidity providers want this pair.
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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!