Francesco Renzi: Superfluid & Programmable Cashflows
Using our new smart contracts framework on Ethereum you can transfer any token or digital asset on-chain in several ways based on a novel primitive: predefined rules that we call agreements.
By publishing a single transaction, you could agree to transfer 10 DAI per month in a constant stream. Every second, a tiny amount of DAI will flow between the two wallets, without any need for gas or any further transactions by sender or receiver. Similarly, cancellation is also only one transaction.
Agreements are initiated with a single on-chain transaction. After this, all the magic happens automatically. The agreement will keep working forever without requiring any interactions or gas fees.
The already functional agreements in Superfluid Protocol are:
- 💸 Money streaming - the way it should be! Ideal for subscriptions, salaries or dollar cost averaging. No time commitments or capital lockups
- 🎁 Rewards distributions - one transaction to distribute to any number of receivers with a fixed cost. Perfect for frequent payouts of rewards Source: https://medium.com/superfluid-blog/the-dawn-of-programmable-cashflows-2d50edae05cb Connect With Fran: https://twitter.com/francescorenzia?lang=en Read Their Docs: https://docs.superfluid.finance/superfluid/ Join Discord: https://discord.com/invite/XsK7nahanQ
