Coinshift is a major treasury management and infrastructure platform for DAOs and crypto enterprises. Coinshift is a single, simple-to-use system that streamlines and streaklines treasury procedures. Based on Gnosis Safe, Coinshift allows users to manage payments, participate in collaborative multi-signature transactions, and save up to 90% on gas costs. Gnosis Safe’s reporting capabilities on Ethereum and Polygon further enhance Gnosis Safe’s reporting capabilities, letting customers save time and money while lowering operating and gas expenses.
Coinshift V2 will provide a number of new capabilities that will help DAOs and other web3 organisations run their treasuries more efficiently. The V2 version of Coinshift was developed in close collaboration with the industry’s premier Decentralized Autonomous Organizations (DAOs). As a consequence, our V2 will enable customers to administer several Gnosis Safes for various chains under one organisation, resulting in considerable time savings and improved treasury operations transparency.
Superfluid is the dominant asset streaming technology for DAOs and crypto-native enterprises, enabling Web3 native subscriptions, wages, and incentives. It may be used to specify cash flows and execute them on-chain in a non-interactive manner over time. Superfluid streams are non-custodial and permissionless methods of transferring wealth across wallets in a steady flow over time. Developers may construct bespoke applications on top of the protocol since streams are programmable, composable, and modular. No funds are held in reserve, and all inputs and withdrawals are tallied in real time at each block without the use of gas. Ongoing streams may be transmitted to wallets and apps as they arrive, reducing delays and enhancing capital efficiency dramatically.
Coinshift’s native Superfluid integration will allow users to create and manage real-time streams straight from the Coinshift dashboard. Streaming is a ground-breaking method of making payments that benefits both the DAO and the donor.
Coinshift is a huge fan of the Superfluid protocol, and it’s a key component of what we provide to DAOs and businesses. With more and more apps developed on the Superfluid protocol, all recipients of continuous streams will benefit from an ever-expanding choice of applications ranging from payments and subscriptions to borrowing and investments.
Francesco Renzi, Superfluid CEO, stated the following:
“Multisig wallets are a critical enabler for enterprises to embrace Web3 on a large scale.” The Coinshift team’s attention to detail ensures a great user experience, and we’re thrilled to be working with them to bring the power of Superfluid streams to Web3 businesses and DAOs, allowing second-by-second payroll and automated asset management methods like DCA.
Tarun Gupta, Coinshift CEO, stated:
“Real-time finance is a significant advancement in the movement of capital between agents. We’re excited to be working with Superfluid, a protocol layer pioneering real-time banking. We’ve had a great time working with the superfluid team over the last several months, and we’re excited to introduce the superfluid streams to salaries, asset management, and a variety of other workflows.
Read more: Coinshift raises $15 million in Series A funding led by Tiger Global
