Ramen is thrilled to announce a partnership with Kodiak as our key liquidity hub partner.
Kodiak, the native liquidity hub of Berachain, was incubated by the Build-a-Bera program. Their vertically integrated product suite is designed to be the foundation of all liquidity on Berachain.
Our launchpad is forged on Berachain and built from the ground up to enable protocols to leverage and benefit from the Proof of Liquidity mechanism. Unlike other launchpads where capital raised is instantly released to the protocols’ treasuries, 100% of capital raised on Ramen will be seamlessly seeded and deployed to a liquidity pool on Kodiak upon a successful liquidity bootstrapping event, instantly whitelisted on Kodiak’s frontend for trading. The liquidity provider (LP) tokens will be held in a time-lock contract for 12 weeks, after which the protocol team may choose to claim them for their use.
Additionally, selected protocols will be considered for incentivized pools on Kodiak, enhancing liquidity provision incentives.
We foresee that this partnership with Kodiak will be immensely beneficial for all participating protocols launching their tokens on Ramen and for all users on Berachain. This collaboration will ensure that participating protocols benefit from the support from both Ramen and Kodiak, fostering deep, productive liquidity for their tokens and providing traders with an optimal trading experience with minimal slippage.
Moreover, this partnership will enable protocols to build up substantial protocol-owned liquidity. The associated fees and rewards could become a sustainable revenue source, supporting further product development, or serving as bribing incentives to attract additional emissions to their reward vaults if whitelisted.
Most importantly, the Ramen-Kodiak collaboration will unlock an efficient and rewarding liquidity bootstrapping experience for new protocols launching on Berachain. This, in turn, creates a virtuous cycle for the ecosystem: as more innovative protocols join the ecosystem, liquidity and capital velocity increases, attracting more developer activity and value creation on Berachain. Over time, this will foster a dynamic and nurturing environment for cutting-edge technology, while liquidity remains sticky and productive on-chain.
In addition to the aforementioned process, Ramen will whitelist xKDK as a Genesis Airdrop Recipe. This means that protocols launching their tokens on Ramen will have the option to include xKDK holders as recipients in their token airdrop campaigns.
We are actively working to enhance the benefits for xKDK stakers on Ramen Finance, so we encourage you to stay updated on our collaborations.
We are excited to be building alongside Kodiak in this long-term relationship and we are committed to continue exploring innovative avenues that will benefit both protocols and the users on Berachain.
More to come.
