Royco Protocol, an Ethereum-based yield dapp launched at the end of 2024, has become one of the largest markets in DeFi after its total value locked (TVL) surged an impressive 267,000% in the past month to $3 billion. Royco is the fastest-growing application thanks to record inflows. The protocol positions itself as a platform for creating Incentivized Action Markets (IAMs). In IAMs, incentive providers…
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