Introducing Royco: The Liquidity Coordination Protocol.
With $65M+ already on the waitlist, Royco enables the negotiation of liquidity.
Details on how to get early access at the end of the thread 👇
With $65M+ already on the waitlist, Royco enables the negotiation of liquidity.
Details on how to get early access at the end of the thread 👇
Liquidity is the most valuable resource in crypto.
Yet, market participants coordinate liquidity via inexact mechanisms like airdrops, liquidity mining, and backroom deals which leak excessive value.
Royco is the end game for efficient liquidity coordination.
Yet, market participants coordinate liquidity via inexact mechanisms like airdrops, liquidity mining, and backroom deals which leak excessive value.
Royco is the end game for efficient liquidity coordination.
It all begins with a Liquidity Coordinator.
Coordinators are immutable pools that define what happens to an LP's assets when supplied. They are entirely programmable.
Examples:
- Deposit USDC into Aave and lock liquidity for 30 days
- LP ETH/DAI Uniswap
- Lock LRT for 1 year
Coordinators are immutable pools that define what happens to an LP's assets when supplied. They are entirely programmable.
Examples:
- Deposit USDC into Aave and lock liquidity for 30 days
- LP ETH/DAI Uniswap
- Lock LRT for 1 year
The Royco Order Book uses Coordinators to unlock liquidity negotiation.
Incentive providers e.g. projects create orders, like "We'll pay X tokens for Y liquidity" or "We'll pay 10 tokens for $1m liquidity."
Incentive providers e.g. projects create orders, like "We'll pay X tokens for Y liquidity" or "We'll pay 10 tokens for $1m liquidity."
Users can fill these orders.
When an order fills, the assets from the LP are supplied to the Coordinator. And the incentive is sent to the LP.
When an order fills, the assets from the LP are supplied to the Coordinator. And the incentive is sent to the LP.
Users may alternatively create counter offers.
They can create orders, like "Instead, I'll provide Y liquidity for Z tokens" or "I'll provide $100m of liquidity for 1000 tokens."
Incentive providers may fill these offers. They may even do so automatically with smart contracts.
They can create orders, like "Instead, I'll provide Y liquidity for Z tokens" or "I'll provide $100m of liquidity for 1000 tokens."
Incentive providers may fill these offers. They may even do so automatically with smart contracts.
Each position is tokenized.
This means if a market chooses to lock your supplied assets for some duration, you can exit by selling your position or redeeming, if possible.
This also unlocks a lot of interesting dynamics around locked assets like points or unvested tokens.
This means if a market chooses to lock your supplied assets for some duration, you can exit by selling your position or redeeming, if possible.
This also unlocks a lot of interesting dynamics around locked assets like points or unvested tokens.
Incentive providers can now save lots of money and access LPs easily.
The relationship between incentives and TVL is non-linear, and an order book enables participants to leverage that.
The relationship between incentives and TVL is non-linear, and an order book enables participants to leverage that.
Users can access opportunities previously fragmented and limited to whales.
By aggregating users in an order book, it is more impactful than any individual whale or group. And now users can exit positions easily.
By aggregating users in an order book, it is more impactful than any individual whale or group. And now users can exit positions easily.
If you're a project looking to run incentives on Royco, read more here:
If you're a developer looking to build applications on Royco, read more here: .
We welcome yield aggregators, front-ends, and anyone interested.royco.gitbook.io/royco/royco-pr…
royco.gitbook.io/royco/royco-pr…
If you're a developer looking to build applications on Royco, read more here: .
We welcome yield aggregators, front-ends, and anyone interested.royco.gitbook.io/royco/royco-pr…
royco.gitbook.io/royco/royco-pr…
Finally:
If you're interested in earning incentives from the best projects in crypto...
Join the waitlist. Connect more assets to get in first:
Join our Telegram Group for updates here: royco.org
t.me/+3pSvSt7cx9dmM…
If you're interested in earning incentives from the best projects in crypto...
Join the waitlist. Connect more assets to get in first:
Join our Telegram Group for updates here: royco.org
t.me/+3pSvSt7cx9dmM…
Royco has not yet launched. There are no live contract deployments. There is no token contract.
Stay tuned.
--- End of tweet thread ---
Stay tuned.
--- End of tweet thread ---
• • •
Missing some Tweet in this thread? You can try to
force a refresh
