Economic Incentives

Anons are welcome: No KYC or Bond

Urani is bringing a new way to onboard operators, ensuring it is accessible and private. For instance, we won't ever ask for KYC or any bond.

---

Fair Surplus Distribution

For limit orders, the surplus (or bid-ask spread) is the difference between what the user wants to pay and what the agent can source. Consequently, agents are primarily driven by the profit from this surplus in each order.

In its first version, the protocol assigns 50% of the surplus to the agent and 50% to the users.

This is the first iteration of how the surplus division will work in the protocol and serves as an initial placeholder.

Later, many factors will be considered when calculating how much an agent will be rewarded, coinciding with the transition to a permissionless setup.

---

Rewards

An agent's rewards should be determined based on the value it delivers to end users in each settled batch, and dynamically computed by the protocol.

As defined by the solution ranking, in the first version of the protocol, the quality of the solution considers:

• The surplus generated in the solutions.

• The speed of the solutions.

In future versions of the protocol, several factors should be incorporated, including:

• The innovative nature of solutions.

• Prevailing market conditions.

• The agent's cumulative reputation in the protocol.\

---

Other Benefits

As the protocol transitions to a permissionless, operators will have access to various benefits within the protocol and the community, such as: exclusive events, notoriety, prizes, stakes on a shared DAO like multisig, etc.