Irreversible Token Streaming
vs77bb opened this issue · comments
What
Proposal to create a bounty for this tweet. A part of the Take Back The Web hackathon with a $750 reward, in DAI. Potential for future collaborations for those interested.
Description
The user flow should be the following:
- Create a new web3 wallet
- Throw your wealth in there
- Use all money to create a stream with a long duration
- Burn the private key
The bounty consists of building a dapp where users can do all the steps above in the same web interface.
Applications
An interesting use case that comes to mind is leaving inheritance. This is normally complicated process and many parents would rather not shower their kids with riches, but they would neither fancy burning the money.
Another one is rate-limiting how much you can spend from your own money by streaming it to yourself Irreversibly.
Useful Links
Issue Status: 1. Open 2. Started 3. Submitted 4. Done
This issue now has a funding of 750.0 SAI (750.0 USD @ $1.0/SAI) attached to it.
- If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
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- $74,286.26 more funded OSS Work available on the Gitcoin Issue Explorer
Issue Status: 1. Open 2. Started 3. Submitted 4. Done
Work has been started.
These users each claimed they can complete the work by 1 week, 2 days ago.
Please review their action plans below:
1) abhimanyu121 has started work.
Would be interesting to brainstorm its implementation with good ux
2) brianspha has started work.
Will update as i make progress
3) triplespeeder has started work.
First step is analyzing and understanding the sablier protocol/contracts, then think about what is a good way to implement this. Double-check security implications as the inheritance usecase has the potential to deal with larger amounts of money. When the backend seems stable focus on frontend/UX :)
My username in the new chat is @TripleSpeeder.
4) michaelcohen716 has started work.
Building a one (maybe two) step streaming inheritance dapp
5) devilla has started work.
- GOOD PR by EOD Today(24 hours) - Works in responsive contexts (mobile, tablet, desktop) Waiting for confirmation
6) cameronfr has started work.
I'm going to learn web3 and make a nice dApp
7) mccallofthewild has started work.
Design UX
Develop Typescript Application
Write Documentation
Write Website Copy
Learn more on the Gitcoin Issue Details page.
Issue Status: 1. Open 2. Started 3. Submitted 4. Done
Work for 750.0 SAI (750.0 USD @ $1.0/SAI) has been submitted by:
@vs77bb please take a look at the submitted work:
- PR by @mccallofthewild
- PR by @Brianspha
- PR by @TripleSpeeder
- PR by @cameronfr
- Learn more on the Gitcoin Issue Details page
- Want to chip in? Add your own contribution here.
- Questions? Checkout Gitcoin Help or the Gitcoin Slack
- $74,343.52 more funded OSS Work available on the Gitcoin Issue Explorer
Hey @cameronfr, thanks for submitting the work. I will review this tomorrow.
After sleeping on this idea for a while, I realised that the same user flow could be used for other applications as well, such as limiting how much you can spend from your own money by streaming it to yourself.
I changed the title from:
Leave Inheritance To Your Heirs, Web3 Style
To
Irreversible Token Streaming
The sender had the following public comments:
Nice work @TripleSpeeder! |
Issue Status: 1. Open 2. Started 3. Submitted 4. Done
The funding of 750.0 SAI (750.0 USD @ $1.0/SAI) attached to this issue has been approved & issued to @TripleSpeeder.
- Learn more on the Gitcoin Issue Details page
- Questions? Checkout Gitcoin Help or the Gitcoin Slack
- $79,402.30 more funded OSS Work available on the Gitcoin Issue Explorer
Nice work @cameronfr! Your tip has automatically been deposited in the ETH address we have on file.
- $78402.30 in Funded OSS Work Available at: https://gitcoin.co/explorer
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Closing due to inactivity.
However, it is worth noting that Sablier V2 will add support for irreversible streams. Stay tuned on Twitter for updates!