What is Royco?

Royco is a decentralized protocol Action Market (IAM) that creates open markets for on-chain actions, enabling Incentive Providers (IPs) to offer tokens or points as rewards for Action Providers (APs) to execute specific transactions like protocol deposits, NFT minting, or yield farming strategies through a non-custodial negotiation process of offers and counter-offers, culminating in atomic execution and incentive allocation.

Key participants are:

• Incentive Providers (IPs): those who offer rewards/incentives.

• Action Providers (APs): users who perform the incentivized actions and accept rates or offers.

Actions can range from simple vault deposits or withdrawals (especially on ERC-4626 vaults) to more complex multi-step “recipes” (via Weiroll scripts) that chain together multiple contract calls.

Royco runs across multiple chains (not just Ethereum) and supports cross-chain deposits and movement of assets via modules like the Cross-Chain Deposit Module (CCDM).

Vaults (Royco Vaults) are one of the product types: they aggregate capital, assess risk, automatically rebalance, and negotiate terms to optimize returns for users.