ROYCO MAINNET BETA IS LIVE

Summary from the TLDR Crypto newsletter

Royco Protocol has introduced a new DeFi primitive called Incentivized Action Markets (IAMs), designed to create efficient markets for onchain transactions by allowing anyone to offer and negotiate incentives for specific blockchain actions. The protocol addresses current inefficiencies in token incentive distributions, citing examples like Ethereum's $4B+ staking rewards and EigenLayer's 15% token distribution, by enabling price discovery and broader market participation. Various lending markets have already released Royco vaults on Base, Arbitrum, and Ethereum.