Royco Protocol audit contest
A public audit contest on Cantina (on-chain incentive markets), completed on 13th September 2024. 0xSimao placed #56. His findings from it are not published individually.
What Royco Protocol is
Royco lets anyone create a market around any on-chain action. In its Incentivized Action Markets, incentive providers offer tokens or points, action providers counter until the two sides agree, and the agreed transactions execute programmatically with the incentives allocated atomically.
Markets come in two forms: vault markets, which incentivise deposits into an ERC-4626 vault, and recipe markets, which incentivise an arbitrary series of transactions.
Scope
The Incentivized Action Markets: vault and recipe markets, the orderbooks matching incentives, and recipe execution.
The contest