🐻
Berally Documentation
  • Berally
  • Products
    • Pot
      • Read this if you are Asset Manager
      • Read this if you are Depositors
    • Pass
    • Pass Holding and PoL Reward
  • Cybera
    • Overview
    • Capabilities
    • Technical Stack
  • miscellaneous
    • The Reward System
    • Beracids
      • Thesis
    • Roadmap
  • Tokenomics
    • Overview
    • Thesis
    • Distribution and Issuance
    • Fees, Rev and Bribe
    • $revBRLY
  • Resources
    • Audit
    • Contract
    • Brand Assets
    • Official Links
Powered by GitBook
On this page
  1. Tokenomics

Fees, Rev and Bribe

I. Fees and Rev.

Pass trading tax: 5%.

Of this, 3% goes to the Pass creator, 0.5% to the referrer, and 1.5% to the Treasury.

Pot fees:

  • Whenever a depositor withdraws from a Pot, 0.5% of the withdrawn amount will be charged as an exit fee for the Manager.

  • Berally will take a 10% admin fee from the Pot manager, deducted from the performance fee.

  • Volume Fee: Every transaction through third-party platforms will incur a small fee, based on the volume:

Type
Platform
Volume fee

DEX

Kodiak Swap

0.2%

Oogabooga Swap

0.2%

Beradrome Swap

0.2%

KyberSwap

0.2%

LP

Kodiak Liquidity

0.1%

Beradrome Farm

0.1%

Pumpfun folks

MemeSwap

1.0%

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).

Cybera fee:

Bringing Cybera to life comes with some fees, including a $BERA fee and $BRLY burn. The amount depends on the actions taken, as outlined below:

Action
$BERA fee
$BRLY burn

Creation + Twitter Access

TBA

6,969

Discord Access

TBA

4,200

Telegram Access

TBA

4,200

Autonomous Fine-tuning

TBA

6,942

Trading Strategy Suggestion

TBA

69,420

Autonomous Pot Trading

TBA

69,420

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.

PreviousDistribution and IssuanceNext$revBRLY

Last updated 2 months ago