Superfluid

Degen Dogs

The the real-time flow of $WOOF to owners of /degendogs continues to grow. Currently, over 8,000,000 $WOOF are streamed each day to Dog NFT owners. Acquire a Dog, earn your share. Say $WOOF. https://degendogs.club/auction?v=206&t=1hrs

I really enjoy what @markcarey has built here and hope everyone can see how cool this is in the background.

I'll do my best to dive into the smart contracts design of this, and hopefully @markcarey can correct me if I'm wrong.

Let's see 🧵

frame developer, web3 developer, long distance runner /pixelnouns /frm /degendogs /degenfers /toka /maxis

The new design of /degendogs relies on a @superfluid technology called Distribution Pools.

Imagine the pool as a real pool of water, where the water flows to each member in a pipe. The pipe gets bigger or smaller according the "units" (shares) they have.

Superfluid is the money streaming protocol. Start earning every second with streaming airdrops, rewards and yield. superfluid.finance

DevRel & Frames @superfluid @alfafrens @superboring

- Create a pool
- Give users units (shares) in the pool
- Stream Money to the pool and @superfluid does the rest

Useful for grants, staking, rewards and many other things

In this case, /degendogs nft collection comes with a stream of tokens, the ticker of the token streamed is $woof on degen chain (@degen).

You can mint it in a pre-sale on http://mint.club:

In this case, /degendogs nft collection comes with a stream of tokens, the ticker of the token streamed is $woof on degen chain (@degen).

You can mint it in a pre-sale on http://mint.club:
https://mint.club/token/degen/WOOF

The dogs look pretty cool, and every day a new dog is minted.

A daily auction happens on farcaster and proceeds get added to the stream.

In addition to this, the treasury of /degendogs is staked as @degen and the 10,000 daily tip allowance used to mint $woof

The way it works in the background makes it so you're automatically earning rewards continuously through a stream by holding a /degendogs NFT

Holding a Degen Dog means you have a unit in the Distribution Pool, with a total stream getting bigger every day

Money Streaming opens a lot of cool possibilities, but Distribution Pools make those possibilities infinitely scalable to many recipients

To learn more about how to build using Distribution Pools, check link below

https://docs.superfluid.finance/docs/protocol/distributions/overview

Comment if you have any questions :)