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Mark Carey πŸŽ©πŸ«‚ pfp
Mark Carey πŸŽ©πŸ«‚
@markcarey
Join the streaming DEGEN pool! Powered by @superfluid, members of the pool get an equal share of the stream on Degen chain. If there are two members of the pool, each receives 50% of the stream, if there are 3 members, each receives 33% of the stream, etc. Currently 1000 DEGENx is being streamed to the the pool, but that could change. Yes, this is just like the DEGENx on @alfafrens, but on Degen Chain, and streaming to your Farcaster-verified address. Free to join, no transaction needed, just one frame button. More details in the replies πŸ‘‡ https://frm.lol/frames/degenpool
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Windy|β‚ΏΞžβˆžπŸŽ© pfp
Windy|β‚ΏΞžβˆžπŸŽ©
@nhagio.eth
Some questions bro: - Do we just join the pool to get $DEGENx without doing anything else? - Where does $DEGEN in that pool go? - Where does $DEGENx come from? Played stream DEGENx with /card game but this one I don't quite understand rn.
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Mark Carey πŸŽ©πŸ«‚ pfp
Mark Carey πŸŽ©πŸ«‚
@markcarey
- Just join the pool and your DEGENx will start accruing every second. For it to fully show in your wallet a simple "connect" transaction is required (see reply with video above). - I am streaming 1000 DEGENx into that pool per month, and the stream is split equally between all members. It is effectively a "one-to-many" stream. So the DEGENx goes to all the members of the pool - DEGENx is a streaming version of native DEGEN on Degen Chain. To "mint" DEGENx, you "upgrade" (or deposit) DEGEN into the DEGENx contract. One way to do this is via app.superfluid.finance -- it is a "1 for 1" exchange that gives you 1 DEGENx for every 1 DEGEN. Once you have DEGENx, you can stream it in realtime. Of course, you can always "downgrade" to get native DEGEN (again, 1 for 1). A technical answer is that DEGENx is a wrapped form of DEGEN, with wrapper providing streaming superpowers ... which is why they call it a "Super Token". For more info, see https://docs.superfluid.finance/docs/protocol/distributions/overview
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