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@flowstate/core

v0.2.0

Published

Core flow-to-stream virtualization for the Superfluid protocol.

Downloads

17

Readme

Flow State Core

The Superfluid Protocol


In short, the Superfluid protocol facilitates real-time streaming of EVM compatible ERC20 and ERC777 tokens.

The smart contracts use changes in the block.timestamp to calculate balances of accounts based on respective flowRates.

Events are emitted from the Superfluid smart contracts when a flow is created, updated, or deleted.

The Accounting Problem


These streams are becoming increasingly popular among DAOs and companies that pay directly in EVM tokens.

The problem is that the balances are moving every new block, or every few seconds.

Enter the Flow State Engine


Flow State Core takes an array of flow update events and produces a virtualized array of 'transfer amounts', aka the Flow State.

Effectively, a stream with a flowRate of 5 USDCx per day for a month (30 days) can be virtualized as:

  • 30 daily transfers of 5 USDCx
  • 4 weekly transfers of 35 USDCx
  • 1 monthly (30 days) transfer of 150 USDCx

The granuarity defaults to daily transfers if not specified, but streams can be virtualized daily, weekly, monthly, and anually