This week’s approvals add two new non-DEX reward vaults. TermMax introduces a boosted yield path for HONEY that plugs directly into fixed-rate borrowing markets and Bend’s variable-rate layer, creating a new destination for HONEY holders. BeraPaw launches a rewards vault to deepen liquidity for its liquid BERA derivatives and support integrations across lending, bridging, and staking flows.

NON-DEX VAULTS (Proposer — Utility)

• TermMax — HONEY Boost Yield Vault
• BeraPaw — BeraPaw Rewards

All requests for amendments to existing vaults were approved, with the Labs team coordinating with teams to swap out incentives or make necessary changes.

Disclaimer: Approval by Governance Guardians of a new vault or any parameter changes does not mean endorsement or promotion of such vault or changes. Governance Guardians approve items based on set criteria, which are published in https://blog.berachain.com/blog/berachain-governance-update-new-rfrv-standards-a-clearer-path-forward. None of what is noted herein should be construed as financial advice or recommendation. Users of vault are strongly encouraged to conduct their own research before using such a feature.