Operational Expenditure and Maintenance Costs
The protocol utilizes a number of third party platforms & networks in order to provide the optimal user experience.
While it would be nice if the protocol was a cost free automaton, there are a number of user-experience upgrades and protocol features that require continual expenditure & upkeep. These are the main expenses used by the Premia protocol:
- Chainlink Price Feeds for accurate Pool pricing
- Chainlink Automation
- Auto exercise of expired options
- Convert protocol fees to PREMIA rewards
- On-chain Data Indexing for Premia smart contract events used on front end
- Wallet & Protocol analytics
- Third-party tooling
- Cloud Infrastructure
- Volatility Surface Oracle
- Front-end APIs and RPCs
- E2E Testing and Verification
- Contract Deployment & Servicing
- Contributor Compensation
- Traditional Business Expenses (Legal, Marketing, Recruitment, etc)
- Strategic Service Providers & Partnerships
- Misc. Compute & Infrastructure Costs
Some of these must be maintained on a per-chain basis, causing expenses to scale per additional chain supported.
Last modified 4mo ago