Superfluid

Pay recipients by the second with real-time money streams. Change the way you interact with money.

Superfluid is an asset streaming protocol offering subscriptions, salaries, vesting, and rewards to DAOs and crypto-native businesses across the globe. Through the Stream payout service, you can set up, view, modify, and manage multiple real-time payment streams within your Safe, automating payroll processes and cutting down on manual data entry. Once initiated, payment streams remain uninterrupted until you terminate it. Learn more here.

Using Superfluid via Coinshift apps presents Treasury Managers with several advantages:

Composability & versatility- Leverage the composability of Super tokens built on ERC20 primitives, suitable for diverse financial strategies like borrowing, staking, and more
Enhanced capital efficiency- Real-time netting ensures optimal fund utilisation, with the capability to promptly channel ongoing streams to preferred outlets
Protection from MEV- Superfluid's inherent design offers resistance against Miner Extractable Value (MEV), safeguarding substantial transactions from MEV-associated risks
Scalable solutions- The platform is designed for scalability, facilitating treasury managers in managing an escalating transaction volume seamlessly
Cost efficiency- Transactions happen in real-time for each block without any gas fees, reducing delays and extra costs

Refer to the articles below to learn how to access and use the Superfluid dApp from your Coinshift dashboard.

To begin utilising streaming features in Superfluid, it's essential to convert your Safe existing tokens into Super tokens.

Follow the below steps to wrap your tokens.

Step 1: Go to Apps and connect your Safe with Superfluid

Navigate to the Apps section on your Coinshift dashboard.

Locate and click on Superfluid within the Apps section.

A window will show the list of networks the dApp is live on and supported by Coinshift. You can choose a Safe belonging to any network supported by Superfluid.

Select the Safe you want to use for this operation and click Open App to establish a connection between your selected Safe and Superfluid.

Step 2: Access Wrap/ Unwrap

Once your Safe is connected to the Superfluid dApp, you have the option to wrap your tokens.

To do this, either click on the Wrap button displayed on your dashboard or directly navigate to the Wrap/Unwrap section.

Step 3: Convert tokens into Super tokens

Click on the dropdown menu and choose the token you wish to wrap.

Enter the quantity of the token you intend to wrap.

Approve Wrap- To wrap tokens, you must initially authorise the Superfluid protocol to execute the wrapping. This action initiates a proposal. A requisite number of Signers, as determined by the threshold, must approve this proposal before the wrap action is executed.

After approvals, click on the Wrap button to finalise the wrapping process.

The wrapping process operates on a 1:1 ratio, meaning for every token you wrap, you will receive an equivalent amount in Super tokens.

This will prompt a proposal on Coinshift. Add any necessary notes and labels, if required.

Note that, transaction details are presented in a clear, human-readable format (see screenshot), providing essential information for other Safe Signers to review.

A proposal will be created for the designated Signers to either Approve or Discard as necessary.

Note that you can discard proposals without needing to pay any network fees.

Step 4: Action on Proposal

Signers can take one of three actions on a proposal:

Proposal Rejection- If any Safe Signer rejects the proposal, it will be discarded Off-Chain.
Proposal Approval and Execution- If the number of votes in favor of the proposal meets Safe's required threshold, the transaction will be submitted to the network.
On-Chain Transaction Rejection- Even after a proposal has been approved, it can still be turned down in the on-chain stage. This can happen if a Safe Signer initially approves the proposal, moving it into the on-chain queue, but other Safe Signers decide to use the On-Chain Rejection option to stop the transaction.

The proposal has received the necessary signatures, as shown in the screenshot below, and the transaction will be submitted to the network.

Step 5: Verify your deposit in the Superfluid dashboard

Once the transaction is successfully completed, an equivalent amount of wrapped tokens (e.g., USDCx in this case) will be credited to your account. You can verify this by checking the Portfolio section or by connecting the Safe directly to the Superfluid dashboard.

Stream Recipients will receive USDCx, a wrapped token. To convert (or unwrap) USDCx back to USDC, follow these steps:

Connect your Safe by following the steps mentioned in the Wrap Tokens tab and accessing the Superfluid dashboard.

If you are not a registered user of Coinshift, you may connect your wallet containing the wrapped tokens directly to the Superfluid dApp to facilitate the unwrapping process.

Step 1: Unwrap Token

Navigate to the Wrap/Unwrap section.

In the Unwrap tab, choose the Super token (e.g., USDCx) from the dropdown menu that you'd like to unwrap.

Enter the desired amount to unwrap and click on Unwrap to proceed.

This will prompt a proposal on Coinshift. Add any necessary notes and labels, if required.

Note that, transaction details are presented in a clear, human-readable format (see screenshot), providing essential information for other Safe Signers to review.

A proposal will be created for the designated Signers to either Approve or Discard as necessary.

Note that you can discard proposals without needing to pay any network fees.

Step 2: Action on Proposal

Signers can take one of three actions on a proposal:

Proposal Rejection- If any Safe Signer rejects the proposal, it will be discarded Off-Chain.
Proposal Approval and Execution- If the number of votes in favor of the proposal meets Safe's required threshold, the transaction will be submitted to the network.
On-Chain Transaction Rejection- Even after a proposal has been approved, it can still be turned down in the on-chain stage. This can happen if a Safe Signer initially approves the proposal, moving it into the on-chain queue, but other Safe Signers decide to use the On-Chain Rejection option to stop the transaction.

The proposal has received the necessary signatures, as shown in the screenshot below, and the transaction will be submitted to the network.

Step 3: Verify tokens on the Superfluid dashboard

Once the transaction is confirmed, revisit the Portfolio section on your Coinshift dashboard or connect to the Superfluid dApp to verify the corresponding amount of ERC-20 tokens.

Easily set up one or multiple payment streams, allowing you to pay recipients on a per-second basis.

Follow the below steps to set up your first money stream.

Connect your Safe by following the steps mentioned in the Wrap Tokens tab and accessing the Superfluid dashboard.

Step 1: Create a Stream

Navigate to the Send Stream section. The below screen will appear.

To configure your stream, provide the below details:

Receiver Wallet Address
Super Token
Amount
Flow Rate (/second, /minute, /hour, /day, /week, /month, /year)

Ensure that the Amount field contains a sufficient value when setting the streaming rate as Yearly or Monthly. An extremely low amount per year or month rounding off to 0 USDC/sec may lead to transaction failure.

Once you've inputted the details, the application will display a summary of the streaming parameters. Ensure all information is accurate and then initiate the stream by pressing the Send Stream button.

This will prompt a proposal on Coinshift. Add any necessary notes and labels, if required.

Note that, transaction details are presented in a clear, human-readable format (see screenshot), providing essential information for other Safe Signers to review.

Streams operate on a per-second basis, with a month representing 30.4 days and a year accounting for 365 days.

A proposal will be created for the designated Signers to either Approve or Discard as necessary.

Note that you can discard proposals without needing to pay any network fees.

Step 2: Action on Proposal

Signers can take one of three actions on a proposal:

Proposal Rejection- If any Safe Signer rejects the proposal, it will be discarded Off-Chain.
Proposal Approval and Execution- If the number of votes in favor of the proposal meets Safe's required threshold, the transaction will be submitted to the network.
On-Chain Transaction Rejection- Even after a proposal has been approved, it can still be turned down in the on-chain stage. This can happen if a Safe Signer initially approves the proposal, moving it into the on-chain queue, but other Safe Signers decide to use the On-Chain Rejection option to stop the transaction.

The proposal has received the necessary signatures, as shown in the screenshot below, and the transaction will be submitted to the network.

Step 3: Manage Stream via the Superfluid dashboard

After receiving transaction confirmation, reconnect to the Superfluid dApp and navigate to the dashboard. The initiated stream will be displayed within the interface.

There might be instances where adjustments to a current stream are required. The Superfluid platform provides the Modify Stream feature to facilitate changes in Amount and/or Rate for any active stream.

Follow these steps to modify an existing stream.

Connect your Safe by following the steps mentioned in the Wrap Tokens tab and accessing the Superfluid dashboard.

Step 1: Modify Stream

Within the Dashboard, view the list of active streams associated with your connected Safe.

Identify and select the stream you intend to adjust. Click on the edit icon corresponding to that stream (as indicated in the provided screenshot).

The stream configuration window will appear. Here, you can modify fields such as Amount and Flow Rate. For the purpose of this guide, we'll update the Amount field.

After making the necessary alterations, confirm the changes by clicking the Modify Stream button.

This will prompt a proposal on Coinshift. Add any necessary notes and labels, if required.

Note that, transaction details are presented in a clear, human-readable format (see screenshot), providing essential information for other Safe Signers to review.

A proposal will be created for the designated Signers to either Approve or Discard as necessary.

Note that you can discard proposals without needing to pay any network fees.

Step 2: Action on Proposal

Signers can take one of three actions on a proposal:

Proposal Rejection- If any Safe Signer rejects the proposal, it will be discarded Off-Chain.
Proposal Approval and Execution- If the number of votes in favor of the proposal meets Safe's required threshold, the transaction will be submitted to the network.
On-Chain Transaction Rejection- Even after a proposal has been approved, it can still be turned down in the on-chain stage. This can happen if a Safe Signer initially approves the proposal, moving it into the on-chain queue, but other Safe Signers decide to use the On-Chain Rejection option to stop the transaction.

The proposal has received the necessary signatures, as shown in the screenshot below, and the transaction will be submitted to the network.

Step 3: Confirm Stream adjustments via the Superfluid dashboard

Upon receiving transaction confirmation, please reconnect to the Superfluid dApp and navigate to the dashboard. There, you'll be able to validate the alterations made to the stream within the interface.