# Streamonomics

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**Summary:** Streamonomics refers to the tokenomics of streaming tokens to multiple recipients as an incentive mechanism.
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50% of auction proceeds are streamed in real-time to owners of previously minted Dogs, with wallet balances updating in real-time for 365 days over the [Superfluid Finance](https://docs.degendogs.club/degen-dogs-mission-1/basics/streamonomics/superfluid-finance) protocol.

Degen Dogs is pioneering the concept of *Streamonomics*: a set of rules that determines how the token streams are distributed amongst the owners of previously minted Dogs.

Each Streamonomics rule has 4 elements:

* `percentage` - the percentage of proceeds to be shared under the rule
* `start` - counting backwards from the current Dog, this specifies the first Dog to receive a stream under the rule.  For example, a value of `1` refers to the Dog minted previous to the current Dog.
* `step` - the *next* Dog to receive a stream under the rule, counting backwards from `start`.
* `limit` - the maximum number of Dogs to receive streams under the rule.

### Degen Dogs Streamonomics

There are 3 Streamonomics rules that determine the distribution of the 50% that gets streamed to previously minted Dogs:

<table><thead><tr><th width="150" align="right">Percentage</th><th width="150" align="right">Start</th><th width="150" align="right">Step</th><th width="150" align="right">Limit</th><th>Summary</th></tr></thead><tbody><tr><td align="right">10%</td><td align="right">1</td><td align="right">1</td><td align="right">1</td><td>10% to the owner of previous Dog.</td></tr><tr><td align="right">30%</td><td align="right">1</td><td align="right">5</td><td align="right">20</td><td>a share of 30% to every 5th previous Dog, shared between a maximum of 20 Dogs.</td></tr><tr><td align="right">10%</td><td align="right">10</td><td align="right">1</td><td align="right">1</td><td>10% to the owner of the Dog minted 10 prior to the current one.</td></tr></tbody></table>

### Example: Dog#27

As an example of the above Streamonomics, let's consider the auction proceeds for Dog#27, for each of the above 3 rules, respectively:

* 10% would get streamed to the owner of Dog#26
* 30% would be shared equally between the owners of Dogs #22, #17, #12, #7, and #2
* 10% would get streamed to the owner of Dog#17

In all cases, the proceeds would be streamed over 365 days.

### Secondary Sales / Transfers

When a Dog is sold or otherwise transferred to another address, *all streams are redirected to the new owner*.

### Claiming Streams

When a Dog owner is eligible for a new stream, it must be *claimed* (launched), similar to claiming  yield-farming rewards.

![Use the \[CLAIM\] to launch new streams](https://content.gitbook.com/content/QhSpck7hXdkBdL9e0svA/blobs/9QgujnNhHkQzweFQS4Kp/claim-streeam.png)

For the first 50 auctions, a bot automatically launched streams on behalf of Dog owners. After Dog#50, Dog owners should take the follow steps:

1. Go to <https://degendogs.club>
2. Connect your wallet with address owning one or more Dogs (Polygon network).
3. *If* a new stream is available, you will see a claim button, as shown above. No button is shown if there are no new streams available to claim, try again after one or more auctions complete.
4. Hit the \[CLAIM] button, and submit the transaction. Note that this will launch *all* available streams to this wallet address, *even if you have more than one Dog*, up to a maximum of 25 per claim transaction.

Note that unclaimed streams are effectively *paused*. No tokens will be lost if streams are not claimed immediately, the clock only starts ticking when claimed.

When a Dog is sold or transferred, the new owner will need to claim streams, even the ones that were flowing prior to the sale/transfer.
