Future Applications / Markets
Royco enables anyone to incentivize any onchain behavior. Here are a few applications we forsee becoming popular built on Royco:
Application | Action | Unlock |
---|---|---|
Liquidity | Deposit into Protocol X | Price discovery/price information: IPs can understand the hurdle rate of potential APs and adjust incentive spend to capture latent demand and maximize growth or decrease costs. Maximum participation: With composability & interoperability, anyone can negotiate and participate increasing market efficiency. |
Lockups | Deposit Token X for Y amount of time | Price discovery/price information: Understand incentives required for to complete different deposit functions. Identify if overpaying or underpaying. |
Voting | Vote on X proposal | Maximum participation: Simple, permissionless markets where anyone can participate. |
NFTs | Mint NFT X | Better price discovery: Understand demand at various price points and capture it. |
Community Action | Buy & burn onchain carbon credits | Anyone can add incentives to a market: Anyone including non-profits, private individuals, government organizations etc. may contribute incentives that burn onchain carbon credits. |
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