The Operator

The Operator, otherwise known as the core contributing team, acts as fiduciary for the ecosystem and manages both direct and coordination costs to achieve the collective's shared vision. The Operator directs its efforts to contributors focusing on building open finance - decentralized markets open and available for anybody in the world to use.

As we hold transparency as a core tenet, economic costs associated with fulfilling this doctrine are summarized as follows. It's important to remember that associated costs are dynamic and ever-evolving as the protocol matures.

The protocol utilizes a number of third party platforms & networks in order to provide the optimal experience without sacrificing its cultural roots in decentralization.

In order to uphold and advance efficient protocol development, there are various periodic and on-demand expenditures taken on by Premia:

General Course of Business

• Contributor Compensation
• Traditional Business Expenses (Legal, Marketing, Recruitment, etc)
• Strategic Service Providers & Partnerships
• Contract Deployment & Servicing
• Misc. Compute & Infrastructure Costs.

Chainlink Network

• Chainlink Price Feeds for accurate Pool pricing
• Chainlink Automation
• Automatic exercise of expired options
• Convert protocol fees to PREMIA rewards.

The Graph Network

• On-chain Data-Indexing for Premia smart contract events used on the front-end
• Wallet & Protocol analytics
• Third-party tooling.

RedStone Oracles

• RedStone Price Feeds for real-time PREMIA pricing

Cloud Infrastructure

• Volatility Surface Oracle
• Front-end APIs and RPCs
• E2E Testing and Verification.