Sheridan, USA, Sept. 20, 2022 by Chainwire
Coinshift’s native integration of the Superfluid Protocol allows DAO and web3 businesses to automate payroll with Money Stream, saving HR managers time and cognitive effort.
coin shiftis a leading financial management and infrastructure platform that enables DAO and web3 businesses to manage their financial operations securely and efficiently. Superfluid The protocol (“Superfluid”) within the V2 dashboard has been published. Coinshift’s native integration of his Superfluid allows users to create, view, manage and edit real-time money streams directly from his Coinshift dashboard, allowing web3 payroll to be on autopilot. As a programmable and automatable token flow in seconds, Payroll Stream helps financial managers save time and reduce complexity in administrative tasks.
“We are excited to partner with Superfluid, a pioneer in real-time finance and the EVM Network’s leading asset streaming protocol, to bring the utility of money streaming to DAOs and crypto-native businesses. is a key part of our product roadmap to build cutting-edge treasury management solutions for crypto-native organizations, and we look forward to further incorporating Superfluid streaming throughout Coinshift’s treasury management workflows.” – Coinshift Tarun Gupta, CEO of
In addition to being able to initiate multiple streams in a single transaction, web3 treasury managers using Coinshift to stream payroll can take advantage of Coinshift’s range of best-in-class treasury management features (e.g., seamless accounting transaction tagging and labeling, adding detailed notes, and the ability for non-signers to create proposals). Additionally, when you start/stop a stream via Coinshift, tokens are automatically wrapped just-in-time to keep the stream running without the need for multisig signer intervention.
Payroll Streaming Benefits for Crypto-Native Organizations
Reduce time and cognitive work: A payroll stream requires only one transaction to start and will flow forever until you decide to stop it. This greatly reduces the time and cognitive effort of manually managing monthly payments.
Scalable and Gas Efficient Payments: Multiple streams (containing multiple tokens) can be set up together in a single transaction. The longer you keep the stream running, the more important the gas savings will be in the long run.
Payroll Streaming Benefits for Employees and Contributors
Increased financial flexibility: By using Superfluid to stream payroll, employees and contributors can receive their income every second instead of bi-weekly or monthly, and spend and invest their hard-earned money in DeFi.
Ongoing Rewards and Incentives: By using Perpetual Conditional Rewards tokens (UMA KPI option that streams token rewards depending on conditions met), employees and contributors can be consistently rewarded for achieving specific KPIs. , can give incentives.
“Superfluid is a ubiquitous solution for web3value transfer, and by partnering with Coinshift, we are making it widely accessible to a wide variety of crypto-native organizations. As we focus on building new technologies, we look forward to experiencing the benefits of payroll streaming, including greater financial efficiency and capital flexibility.” – Francesco Renzi, Co-Founder and CEO of Superfluid.
About Coinshift
Coinshift is a leading financial management and infrastructure platform that enables crypto-native organizations to manage their financial operations securely and efficiently. Built on Gnosis Safe and running on 7 chains, Coinshift provides an easy-to-use solution for payment management, joint multi-signature transactions, and comprehensive reporting for Ethereum and Polygon, helping users reduce operational costs and save up to 90%. Gas Fee. Hundreds of crypto businesses, including blue chip companies like Aave, Messari and Polygon, trust Coinshift to manage over $1 billion in crypto assets.
About superfluid
Superfluid is the leading asset streaming protocol enabling Web3 native subscriptions, payroll and rewards for DAO and crypto native businesses. A hyperfluid stream transfers value between wallets in a constant stream over time in a non-custodial and permissionless manner. Using the Superfluid Protocol, cash flows can be described and automatically executed on-chain, over time, and in a non-interactive manner. Money Stream is programmable, configurable, and modular, allowing developers to build custom applications on top of the protocol. With no capital trapped and no gas consumed, all inflows and outflows are netted in real-time on every block. On-going streams can be forwarded to both wallets and applications as they are received, eliminating delays and significantly improving capital efficiency.
contact address
Head of Marketing, David Costello, Coinshift, [email protected]+351914156328
