Future Applications / Markets
Last updated
Last updated
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.