Giridhar
Q: I'm new to Berachain - what exactly is Grizzly Gain and why should I care?
A: Think of Grizzly Gain as your automated reward maximizer on Berachain. Instead of manually juggling different protocols and constantly checking rewards, you make one deposit and the vault handles everything. You'll earn rewards from multiple top-tier protocols automatically, plus get 2x Kelp Miles - all while you chill!
Q: I already have positions in Dolomite and Kodiak - why should I switch to Grizzly Gain?
A: With Grizzly Gain, you get all those rewards plus additional benefits: 2x Kelp Miles, automated rebalancing for optimal rewards, and a single liquid token (ggETH) representing your position and keeping you liquid. No more managing multiple positions or missing out on rewards.
Q: Can I deposit any token, or does it have to be specific ones?
A: You can deposit any supported asset - the vault automatically converts it to rsETH at no extra cost and deposits your rsETH into Berachain for all the juice. You don't need to worry about doing any conversions yourself.
Q: What's the minimum amount I can deposit?
A: No minimum deposit
Q: If I deposit today during the pre-deposit phase, when do I start earning rewards?
A: You start earning rewards immediately, even during the pre-deposit phase. Your rewards include rsETH rewards and various protocol incentives from day one.
Q: How often are rewards distributed and how do I claim them?
A: Rewards are allocated automatically.
Q: I see something about "2x Kelp Miles" - what exactly are Kelp Miles and why do they matter?
A: Kelp Miles are part of the broader ecosystem rewards program. Getting 2x means double the earnings, which could be valuable for future airdrops and ecosystem participation.
Q: What's this ggETH token I receive? What can I do with it?
A: ggETH is your receipt token that represents your vault position. You can:
Hold it to earn ongoing rewards
Use it in other DeFi protocols for additional rewards (positions going live soon)
Trade it if you want to exit your position. It's basically your "proof of deposit" that maintains liquidity while earning rewards.
Q: Is my deposit safe? What security measures are in place?
A: Grizzly Gain is built on VaultCraft's battle-tested infrastructure. The vault uses professional-grade security measures and systems. However, as with all DeFi protocols, you should always DYOR before depositing.
Q: How does this compare to just staking in individual protocols?
A: Grizzly Gain offers several advantages:
2x Kelp Miles points
Full ecosystem rewards:
1x Bera points
1x Kodiak points
1x Infrared points on Kodiak Pool
Portion of DINERO incentives on Kodiak pool
2x Beraborrow Points
1x $DOL rewards from Dolomite
PORRIDGE rewards from Goldilocks
Restaking rewards -
2x Kelp Miles
1x Programmatic EIGEN rewards
Real rewards on rsETH even during the pre-deposit phase
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