Comprehensive up-to-date news coverage

HomeNewsScience and SpaceCoinshift Joins Superfluid to Automate Ongoing Cash Flow Payments for Cryptocurrencies

Coinshift Joins Superfluid to Automate Ongoing Cash Flow Payments for Cryptocurrencies

Published on

Follow us on Google News for latest updates and information.

In Science and Space: Coinshift, the top infrastructure and treasury management platform for managing treasury operations for DAOs and web3 companies, is happy to announce that Superfluid Protocol (“Superfluid”) has been natively integrated into its V2 Dashboard and is now operational. Users can generate, view, manage, and change real-time money streams right from the Coinshift dashboard thanks to Superfluid’s native connection with Coinshift, which enables them to put web3 payroll on autopilot. Salary streams enable treasury managers to minimise complexity and save hours of administrative work since they are programmable and automatable second-by-second token flows.

Web3 treasury managers utilising Coinshift to stream salary can benefit from a number of Coinshift’s best-in-class treasury management tools in addition to being able to initiate many streams in one transaction (e.g., tagging and labelling transactions for seamless accounting, adding detailed notes, the ability for non-signers to create proposals). Additionally, when streams are started or stopped using Coinshift, tokens are automatically wrapped just-in-time to maintain the streams without requiring any input from the multi-sig signers.

We are excited to work with Superfluid to provide the benefits of money streaming to DAOs and crypto-native companies. Superfluid is a pioneer in real-time finance and the leading asset streaming technology for EVM networks. As we develop the leading treasury management solution for enterprises with a crypto-native culture, Superfluid is a critical component of our product roadmap. We anticipate further integrating Superfluid streaming into Coinshift’s treasury management operations. – Coinshift’s CEO Tarun Gupta

Salary Streaming Benefits for Crypto-Native Organizations

Greater financial flexibility: By streaming salaries with Superfluid, employees and contributors receive their pay every second as opposed to every two weeks or once a month, giving them more freedom to spend and invest in DeFi as they accrue funds.

See also  Play this song to hear the sound of space rocks hitting Mars

Continuous reward & incentivization: Employees and contributors can be continuously paid and motivated for meeting specific KPIs by using the Perpetual Conditional Payments token (a UMA KPI option that streams token rewards in proportion to the condition met). Superfluid is a widely used web3 value transfer technology, and by working with Coinshift, we’re enabling a wide spectrum of crypto-native businesses to easily utilise it. As they concentrate on developing fundamentally novel technologies, we’re eager for DAOs, web3 firms, and their stakeholders to benefit from salary streaming, whether it is improved treasury efficiency or capital flexibility. Co-Founder and CEO of Superfluid Francesco Renzi.

Latest articles

Stop Autoplay Videos In Microsoft Edge

Hello everyone, in this article we will show you how Stop autoplaying videos in...

Commodity Trading Commissioner criticizes new measures against Ooki Crypto Collective

News Tech: The U.S. Commodities Futures Trading Commission has developed a theory to...

Enable/Disable Mono Audio in Windows 11

Hello everyone, in this article we will show you how Enable/disable mono sound in...

New Orleans man gets probation for drug money laundering

In Science and Space: At this point, U.S. Attorney Duane A. Evans announced...

More like this

Stop Autoplay Videos In Microsoft Edge

Hello everyone, in this article we will show you how Stop autoplaying videos in...

Commodity Trading Commissioner criticizes new measures against Ooki Crypto Collective

News Tech: The U.S. Commodities Futures Trading Commission has developed a theory to...

Enable/Disable Mono Audio in Windows 11

Hello everyone, in this article we will show you how Enable/disable mono sound in...

New Orleans man gets probation for drug money laundering

In Science and Space: At this point, U.S. Attorney Duane A. Evans announced...

Crypto is the Last ‘bipartisan Issue’ on Capitol Hill. Exec at Coinbase Said

News Tech: Democrats and Republicans might cooperate on crypto if it works. Faryar Shirzad,...

Bitcoin exchange Coinbase is being sued for patent infringement

News Tech: Veritaseum Capital LLC, which claims that the cryptocurrency exchange has violated...