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Youssef ๐ซ๐ฉ
@youssea
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 ๐งต
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Youssef ๐ซ๐ฉ
@youssea
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.
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Youssef ๐ซ๐ฉ
@youssea
How? ๐ฏ It's really simple:
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Youssef ๐ซ๐ฉ
@youssea
- 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
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Youssef ๐ซ๐ฉ
@youssea
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
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Youssef ๐ซ๐ฉ
@youssea
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
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Mark Carey ๐ฉ๐ซ
@markcarey
Not a "pre-sale", but yes, you can mint $WOOF via @mintclub at any time!
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