Honey price

Submitted Reward Vault Request for SOL-HONEY on protocol Kodiak with incentive tokens BERA, SOL and HONEY.

✅ @berachain Governance Update: RFRV Batch 12 Approved Vaults approved from @kettle_shop @PaddleFi @moneygoesburr @SmileeFinance @beraborrow @KodiakFi NON-BEX VAULTS (Proposer — Utility) Kettle — Kettle Volume Reward Vault Eden — Gachapon Reward Vault Paddle Finance — WBERA | Steady Teddys BurrBear — NECT | USDC | USDT0 | HONEY Multi-Stable Pool GOING to ZERO — WBERA | ZERO Smilee — WBERA | wgBERA Beraborrow — bb.wgBERA

Revenue-sharing buyback tokens have been leading this cycle. Projects like $HYPE are setting the pace, and $MKR resurgence through buybacks has been a strong signal for what works in this environment. When NAV launched, we made a bold bet placing significant AUM on Berachain. That move paid off early, but the Proof of Liquidity (PoL) experiment didn't pan out as expected. The reality is visible: TVL drained rapidly, the main token has severely underperformed (even worse than $STRK), and the community has largely exited. As traders and builders, our job is to act on data, not hope. Clinging to what we wish would happen is how funds underperform. We must adapt to survive and thrive. $NAV is currently paired with BERA. This worked well early on, but in a persistent downtrend, BERA's price action becomes an anchor. With major BERA unlocks set for year-end, that pressure only increases. It's time for a structural shift. We're moving NAV's Protocol-Owned Liquidity into a USDC pair. This lets NAV shine on its own merit, with reduced correlation drag. We'll maintain both BERA-NAV and NAV-USDC pools during the transition to ensure liquidity continuity. Our Directional SIP is performing exceptionally well this month. We'll continue allocating 10% of those profits toward NAV buybacks, but buybacks only work if the pairing supports them. As we pivot to a USDC base, we'll be able to buy more strategically, much like $MKR has shown works. NAV single staking will continue to receive HONEY rewards. Our second audit is underway to ensure smooth deployment. As we decouple from Berachain, we're making this transition seamless. NAV was never meant to be stuck on one chain. It was always meant to float freely, cross-ecosystem and cross-chain, and we're working hard to make that vision real. USDC pairing is our first step in decoupling and migrating to a cross-chain existence for $NAV.