Introduction to Royco
The Incentivized Action Market (IAM) Protocol
What is Royco Protocol?
Royco Protocol allows anyone to create a market around any onchain transaction (or series of transactions). Using Royco:
Incentive Providers may create intents to offer incentives to users to perform the transaction(s).
Users may create intents to complete the transaction(s) and/or negotiate for more incentives.
When these intents satisfy each other, the onchain transaction(s) execute atomically alongside the distribution of incentives.Royco Protocol is entirely non-custodial, trustless, and permissionless. It is also capital-efficient, allowing participants to create many intents with the same assets.
IAMs can be used to find efficient pricing for any onchain action, including depositing, staking, lending, voting, minting an NFT, etc.
Why Use Royco?
For Incentive Providers
Efficient Incentive Spending: As an Incentive Provider, you may use Royco to price incentives and capture latent demand.
Strong Network Value: Each additional market, participant, intent, and front-end using Royco increases potential price discovery and efficiency for all participants.
Simple, Embeddable, No Reason Not To: Creating and embedding a market in your site via the Royco SDK is easy and secure.
For Users
Negotiate for More Incentives: As a user, you may use Royco to negotiate for more incentives in a capital-efficient way and reallocate to earn incentives.
Incentives For All: Royco intends to bring transparency and broader participation to Action Markets previously dominated by whales and institutions.
Efficient Allocation. Royco enables you to negotiate and create intents with assets already deployed into other markets.
FAQ
Chains. Royco Protocol is supported on Ethereum, Arbitrum & Base, with more coming soon.
Contributors. Royco has many teams contributing to its development, both anonymously and non-anonymously.
Security: Audits upcoming from Spearbit and Cantina.
Upgradability: Royco is minimally upgradable.
Last updated
