Dear users, 
Here is an Alfafrens thread for you.

Before introducing Alfafrens, 
I would like to briefly introduce its developer, Superfluid.

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Superfluid has the potential to be widely used in various crypto businesses for subscriptions, payroll, vesting, and rewards based on smart contracts. Leveraging this technology, Superfluid recently secured a $5.1 million investment.

Twtter | twitter.com/Pasilda_
Telegram | t.me/Pasilda
alfafrens | https://www.alfafrens.com/channel/0x5d8E50845bBcA2e0F5aF87b2bB5daf26A5637Fa6

previously received $9 million in seed round funding.

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Now that we have introduced Superfluid, let's introduce their first product, Alfafrens.

First, obtain an access code given to early users active internally and enter it.

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Click "Copy Address" and send DEGEN tokens to that address according to the amount you are comfortable with.

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The DEGEN token is wrapped into DEGENx, a super token with Superfluid Protocol functionalities and a 1:1 value.

If traffic is high, wrapping and displaying DEGENx in-app may take a while, but under normal conditions, it should be completed within 1-2 minutes.

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Let me briefly explain the system's structure.

By using DEGENx, you can subscribe to a channel, and subscribers mine $ALFA per second.

Regardless of the subscription status, if you stake $ALFA in the channel, you can mine DEGENx per second.

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$ALFA serves as a subscriber reward and functions similarly to an LP token in a DeFi platform.

In other words, by subscribing to a creator, you can stake $ALFA in the DEGEN Liquidity Pool formed and share in the profits by holding a stake in the pool.

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The revenue provided to each player is as follows.

- Subscribers (Stakers): 70%
- Creators: 25%
- Team: 5%

And on both sides, there are subscribers and stakers. 
(Although it says stakers, it refers to the amount staked.)

Now, let's assume that if one side increases, the weight increases.

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As the number of subscribers increases, the weight on the subscriber side increases, 
causing the staker side to rise.

This indicates that stakers are more advantageous, 
meaning the DEGENx farming efficiency is better when staking $ALFA
Stakers should look for such channel

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Conversely, if the number of $ALFA stakers increases, 
the weight on the staker side increases, 
causing the subscriber side to rise.

This indicates that subscribers are more advantageous, 
meaning the $ALFA farming efficiency is better for subscribers.

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If you've grasped the concept here, well done.

That's right. 
When there are many subscribers, the alpha efficiency decreases, 
and when there are many stakers, the alpha efficiency increases.

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As the creator provides good content and the number of subscribers increases, 
the number of stakers also increases to share the liquidity pool's profits.

When stakers increase, the $ALFA efficiency increases, 
which in turn can attract more subscribers.

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This cycle provides insights to people,
increases subscribers, and attracts more stakers to share profits,
adding alpha to alpha!

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Although the ratio for each player participating in the channel is different, 
the structure is fun and profitable for everyone as the channel grows.

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You can create your own channel and become a creator to provide insights.

Additionally, you can simply remain a subscriber without any channel and stake the $ALFA you earn into profitable channels as a staker to generate income.

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https://app.superfluid.finance/?view=

Enter your deposit address after view= in the provided URL.
Example: view=0x..adf

You can see your expenditures and cash flow used for your subscription at a glance.

Inflow - Outflows = Net Flow

AlfaFrens Dashboard and Overall Query Logic Update
Previously, tiers were determined based on absolute criteria, where surpassing a certain score resulted in a promotion. 
However, the evaluation will now be conducted on a relative basis according to the global Alfa quantity.

https://dune.com/greensheep/alfafrens

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https://warpcast.com/greensheep/0x56c305e3
@greensheep 

He is the most passionate person I know in Alphafrens when it comes to creating Dune Analytics. There are many analytical tools he has made that have been incredibly helpful. Keep an eye on his tools.

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https://warpcast.com/greensheep/0x56c305e3
@greensheep.eth 

He is the most passionate person I know in Alphafrens when it comes to creating Dune Analytics. There are many analytical tools he has made that have been incredibly helpful. Keep an eye on his tools.

For deeper questions around the token gated frames
You will find me also on AlfaFrens 

https://f.hellwach.io/farcaster/framegame/action/?method=af-staker&ts=1715018070&subview=3&afcsni=9351d210bb1c9744f177eca47665e8fe

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https://warpcast.com/degenfans/0x91cd8c15
https://warpcast.com/degenfans/0xaa5eb044
https://warpcast.com/degenfans/0x5c702191
@degenfans 

He is creating interesting frameworks related to Alphafrens. 
The only downside is that you need to subscribe to him to use them!

This is the end of the thread I have prepared. 
Thank you for reading this long text.

@alfafrens @superfluid

https://www.alfafrens.com/channel/0x5d8e50845bbca2e0f5af87b2bb5daf26a5637fa6