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Youssef 🫂🎩
@youssea
loving that many of you are getting interested in @superfluid it's a big and complicated protocol based on @hellwolf 's semantic money we might do a deep dive on semantic money later, but let's just stay with superfluid for this one 🧵
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J. Valeska 🦊🎩🫂
@jvaleska.eth
great quality resume, a superapp controlling an streaming distribution pool of superdegen, that streams to every subscriber depending on the amount staked, aka the shares. Cool, I think I got it. but, where the degen comes from? 690 $DEGEN
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Youssef 🫂🎩
@youssea
yes, this is a close enough description, i'll write a more accurate article very soon $degen itself is not a super token, so it's automatically wrapped into degenx (which is a super token) when you deposit your $degen $degenx is streamed in real time and both balances are updated in real time (block by block)
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Youssef 🫂🎩
@youssea
... this is basically possible because we modify the balanceOf function of erc-20 to include both streams and distributions your balance is calculated every block depending on your flowrate and your previous balance it's a simple linear function: balance(t)=flowrate(t-t0)+balance(t0)
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J. Valeska 🦊🎩🫂
@jvaleska.eth
Amazing, I can understand why some people thinks that it is just magic. Feels like that. Thank you for the clarification. Hope to get one of these invites codes soon, and join the party.
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