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 were a cost-free automaton, there are several user-experience upgrades and protocol features that require continual expenditure & upkeep. These are the main expenses used by the Premia protocol:

• Chainlink Network

  • Chainlink Price Feeds for accurate Pool pricing

  • Chainlink Automation

    • Auto 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

• 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.