GYSR Integrates UMA KPI Options

Gysr has integrated UMA Protocol KPI options into their rewards streaming platform.

KPI options are incentive tokens that pay out depending on if a target metric is hit (the key performance indicator.) They are fully collateralized ERC20 tokens, trustlessly enforced by UMA’s optimistic oracle.

KPI options are gaining momentum as a protocol rewards mechanism, and the GYSR pool effortlessly allows the distribution of rewards. This is an ideal delivery system for a metric-based reward token, as it distributes tokens to users by their on-chain activity.

GYSR pools and KPI options are also independently customizable. This means that teams have the flexibility to create rewards programs tailored to their specific needs. Liquidity mining rewards, staking rewards, or airdrops can have more profound and community-aligned outcomes.

Furthermore, using KPI options rewards the community for promoting the project’s goals. Many new protocols suffer from token price dumps after an airdrop or mercenary capital, with members only showing up for the rewards and quickly exiting once they have made their returns. By using a GYSR KPI option, protocols can mitigate these effects dramatically by creating a rewards system that makes participants sticky and aligned with the goal of the community.

About GYSR

GYSR is an incentive platform that allows developers, DAOs, and teams to launch reward programs. They are designed for easy deployment and customizable rewards programs to fit community needs.

About UMA

UMA is a decentralized financial contracts platform built to enable Universal Market Access.

📰 INFO

https://medium.com/uma-project/learn-about-gysr-streamed-kpi-options-41ac26cbc613

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