Fees, Rev and Bribe

I. Fees and Rev.

Pass trading tax: 10%.

Of this, 5% goes to the Pass creator, 1% to the referrer, and 4% to the Treasury.

Pot fees: 1% is charged when depositors withdraw, and 10% of the performance fees go to managers. Additional small fees are applied when the Pot makes orders through our partner exchanges. The amount charged will depend on the fee tier list (to be updated later).

All revenue from fees will be directed to the Treasury contract and distributed as follows:

• 60% to $revBRLY holders on a monthly basis.

• 20% to be used as bribes to validators, incentivizing them to drive BGTs to the gauges.

• 20% to be allocated as development funds (so devs can buy Lambos).

II. Gauges and Bribes.

There will be two gauges set up on mainnet to receive BGTs from the validator: Pass Gauge and LP Gauge.

• The Pass Gauge will receive $BRLY as incentives.

• The LP ($BRLY-BERA) Gauge will receive $BERA and $HONEY (from the treasury) as incentives. We will also use oBERO to bribe validators through Beradrome.

We chose to bribe the Pass Gauge with $BRLY and the LP Gauge with revenue to create a self-sustaining incentive loop for participants on the platform. Something like this:

Pass volume surge → Taxes are used to fund incentives for LP Gauges → $BRLY value increases → Incentivizes skilled traders to join Berally → Attracts more users to buy Passes -> Pass volume surge.