Incentive Structures
The following identifies the protocol’s key stakeholders and the core incentives used to motivate each stakeholder to participate within the protocol.
Smartcoin Users
Cryptocurrency owners looking to earn additional yield.
Low-risk, high-yield smartcoins with low management fees.
$UMJA Staker
Smartcoin users looking for fee rebates; Degens looking for yield.
Earning 20% performance fee rebate in smartcoins; Accruing $UMO voter influence.
Arbitrageurs
Opportunities to extract margin from arbitrage opportunities.
Protocol-made arbitrage opportunities with changing mint reward and burn fee rates.
Governor
Governors are community members and active protocol participants who want to help nurture and expand the Umoja ecosystem.
Accruing voter influence while staked; becoming eligible for Working Lottery to receive bi-weekly rewards.
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