superfluid

ChainCatcher news, the streaming payment protocol Superfluid announced the launch of its native token SUP, with a total supply of 1 billion tokens.The community will receive 60% of the token supply, 35% of the tokens will form the DAO treasury, which will be directly managed by the DAO, and 25% of the tokens will be allocated as foundation funds.The inflation of the SUP token will be determined by the DAO.

ChainCatcher news, Ethereum fund flow protocol Superfluid announced the completion of a $5.1 million strategic financing round, led by Fabric Ventures, with participation from Multicoin Capital, IOSG Ventures, Circle Ventures, Safe Foundation, The LAO, Taavet+Sten, and others. This round of financing concluded at the end of last year and has a structure similar to the company's seed round financing, which includes equity with token warrants.It is reported that Superfluid raised $9 million in seed funding in 2021. The strategic financing is nearly three years late and is smaller in scale than the seed financing. Superfluid co-founder and CEO Francesco George Renzi stated that Superfluid has raised the necessary funds, brought in the right investors, and is moving the project to the next stage.In addition, the Superfluid protocol was launched in 2021, allowing crypto projects such as decentralized autonomous organizations to pay recurring salaries and rewards in single-chain transactions using its "super tokens." Super tokens can create cash flows between parties. Today, Superfluid launched the "distribution pool," which can create a fund pool that can be allocated to multiple recipients.

ChainCatcher news, the flow payment protocol Superfluid announced a no-code token vesting solution Superfluid Vesting on its blog. Superfluid offers five main benefits for setting up vesting plans: a simple user interface, ample liquidity and composability, reduced volatility, and enhanced security. (Source link)

ChainCatcher news, the streaming payment protocol Superfluid and Push Protocol jointly launched a developer Grant program, providing $20,000 in PUSH tokens to eligible teams each quarter to accelerate the development of their projects. The awarded projects will also receive technical and guidance support from Superfluid and Push.It is reported that the grant criteria will be based on the team's commitment to project completion and deployment, as well as the project's impact on the growth of the Superfluid and Push ecosystems. 70% of each grant will be given as a lump sum, and 30% will be allocated after the project successfully launches and establishes a user base. (Source link)

Chain Catcher news, Web3 infrastructure startup Coinshift announced the integration of the streaming digital asset protocol Superfluid, allowing users to create and manage real-time payroll streams directly on Coinshift. Coinshift provides a treasury management platform for DAOs and Web3 companies, built on the digital asset management platform Safe (formerly Gnosis Safe).Previously reported, Coinshift announced in May the completion of a $17 million Series A funding round, led by Tiger Global, with participation from Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures, Polygon Studios, and others. (Source link)