Streaming
Nerite has the Superfluid protocol built into it, so USND is a native "Super Token" that support streaming. That means you can make real time payments, where USND is sent linearly over time. You can send $0.000001 per second for two weeks, $5 per month for a year, $100 per hour indefinitely... It's completely up to you.
USND is the first real time stable currency.
Create a Stream
Our full UI for this is under development. Check out the Superfluid site to access this feature now.
Receiving a Stream
You do not have to do anything to accept a stream, and your wallet balance will increase in real time when someone streams to you. No special wallets or anything else needed, as USND is a normal ERC-20 token.
Streams are not dependent on block times or the L2 sequencer.
Example Use Cases:
- Annuities that pay out yield earned on a position linearly forever.
- Onchain subscriptions. Example: stream $25 per month linearly over the course of the month, and cancel at any point to access content or services while the stream is live.
- Milestone based grants. Instead of giving full grant amounts up front, stream the amount of a period of time while milestones are expected to be reached.
- Loans which pay themselves off by streaming yield from a yield-bearing collateral to pay down debt.
Are you building one of these? Let our team know, we want to support you!
We are working on several Streaming related features and services built on top of Nerite.