By Rishi, CTO at Puffpaw
At Puffpaw, we're constantly exploring innovative ways to reward our community. With the integration of Berachain, we've taken another leap in aligning the interests of our Puffpaw believers with a deeper, incentivized connection to blockchain technology. We're thrilled to announce our collaboration with Berachain to create premium Reward Vaults that maximize value for our dedicated users. Here's how our partnership with Berachain's Proof-of-Liquidity (PoL) model takes rewards to a whole new level.
The essence of Proof-of-Liquidity is community-driven growth and creating meaningful connections between ecosystem players. Berachain's Reward Vaults are designed to ensure that those who contribute to the network—be it liquidity providers, projects, or validators—share in the rewards. For us at Puffpaw, this means we have a unique opportunity to offer our supporters unprecedented value.
So how are we doing this?
We're creating premium Reward Vaults for Puffpaw users, which means that those who participate in our pools will be rewarded in both $BGT and $VAPE tokens.
With our own dedicated validator on Berachain, we can allocate a higher proportion of the rewards from our Reward Vaults to our Puffpaw believers, including dedicated $BGT rewards for these reward pool users. In short, more value for you, because you are participating in our economy.
For those unfamiliar, Berachain's Proof-of-Liquidity mechanism ensures all stakeholders, from validators to liquidity providers, work together for the chain's collective growth. You can learn more about Berachain's Reward Vaults and Proof-of-Liquidity model here: Berachain Docs - Reward Vaults.
We're currently planning some exciting pools, starting with the $BERA/$VAPE LP pool, among others. These pools will allow our community to participate in the ecosystem by providing liquidity and staking PoL-eligible assets. By staking in these premium pools, Puffpaw users will earn a share of the rewards distributed in $BGT, in addition to receiving $VAPE tokens—a win-win scenario.
Having our own validator means we can be more deliberate with the reward flow. Essentially, our premium pools are designed to channel more rewards back to our loyal Puffpaw users. Because we control our validator, we can ensure that the value we receive is directly allocated to those who truly believe in Puffpaw.
To further amplify the rewards, we're allocating 15% of our $VAPE token supply specifically for Validator incentives. Now, if you're wondering what "incentives" are in the context of Berachain, let me explain:
In the Berachain ecosystem, validators decide where to direct $BGT emissions, often in exchange for additional incentives. These "bribes" are essentially incentives provided to validators to encourage them to allocate rewards to specific Reward Vaults—in our case, to Puffpaw's premium pools.
By allocating 15% of our token supply to incentives, we're making a statement: We are committed to ensuring our Puffpaw vault participants earn as much $BGT as possible. The more $BGT directed towards our pools, the more rewards our community gets, creating a cycle of growth that benefits everyone involved.
Soon Puffpaw users will be rewarded with more $BGT, as well as $VAPE tokens from playing the game.
As we continue to build out our reward system, we want to make sure that our community stays in the loop. We’re creating these opportunities to ensure you’re rewarded for your contributions—because without you, there’s no Puffpaw.
More to come, Keep puffing.
Where can I learn more about Puffpaw?
Puffpaw Whitepaper: click me
Puffpaw Core Mechanism: click me
Puffpaw PUFF PASS(NFT): click me
Project Timeline: click me
About Puffpaw
Puffpaw is the first dePIN on Berachain to bring vapes onchain to incentivize people to quit nicotine addiction.