FluxPay
DAO payroll management using money streams 🌊
Created on 19th February 2023
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FluxPay
DAO payroll management using money streams 🌊
The problem FluxPay solves
Fluxpay greatly reduces the effort, overhead, and complexity when it comes to DAO payroll management and execution 😎
Now, DAOs can stream any token over time without any friction or fees to their team and contributors, settling their recurring compensation once and for all. 🤗
The benefits source from 4 key areas:
- Less effort: streaming salaries allows DAOs to set a yearly (or monthly) amount to transfer and then moves the funds over time without the need for any further transactions on-chain. 🤑
- No more overhead: you only have to set the amount of funds you want to transfer once, rather than every month. No more monthly admin and payroll transactions from complicated cold wallets. 🤩
- Reduced complexity: you can stream to as many wallets as you want directly just by NFT collection address. 😁
- Pay in real-time: contributors get paid in real-time and can use the funds as soon as they receive them using Superfluid 🌊.
Challenges we ran into
- Using superfluid and coming up with an optimized solution
Tracks Applied (12)
Polygon: Open Track
Polygon Technology
Arcana
Arcana Network
Superfluid - General Track
Superfluid
Superfluid - Tooling Track
Superfluid
Quicknode: Built on QuickNode RPC
QuickNode
QuickNode: NFT API
QuickNode
QuickNode: Token API
QuickNode
Push Protocol
Push Protocol
Mantle
Mantle
Polywrap
polywrap
Mantle: DeFi Track
Mantle
Mantle: NFT Track
Mantle
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