Swapping tokens can be stressful, laborious, even menacing, but it’s never been boring. That applies for a single swap or having to swap repeatedly over time. Timing the market is hard, if not impossible. Traditional DCA methods can help, but still result in high slippage, risk of MEV and high transaction fees . And over time, manually rebalancing portfolios is repetitive and painful. Automated rebalancing and not having to time the market is just not possible with traditional swaps. SuperBoring changes that.
Stream and chill
SuperBoring is a new streaming DEX. Users just start a stream out of their sell token and then periodically receive back their buy token, always at the mathematical average price.
SuperBoring has near-zero total value locked (TVL). Its architecture is liquidity-source agnostic and MEV-resistant. So capital is effectively unlocked, with minimal value leakage.
Under the hood
SuperBoring uses Superfluid streams and a novel exchange mechanism: the Time-Weighted Oracle Exchange. Swaps occur continuously using a time-weighted price oracle (TWAP) from Uniswap to control prices.
Who can benefit
Treasuries
Smooth Rebalancing : For institutional finance managers looking to optimise asset allocations, streaming swaps can be used to continuously rebalance token portfolios.
Automated Selling : Treasury operations can streamline processes and improve capital efficiency by automating the selling process through streams.
Reduced Sell Pressure: Large-scale asset managers can use SuperBoring instead of manual TWAPs to minimize market sell pressure and contribute to more stable prices.
Token Issuers
New Sales Channel: Real-world asset tokens (RWAs), Index tokens, and Community tokens can use SuperBoring as an additional sales channel, accessing users who want to buy over time and always at the average price.
Increased User Engagement: Instead of asking users to make a large one-off commitment, streaming swaps can make the commitment easier for users, leading to improved user retention and steady capital inflow.
Reduced Volatility: Long-term buyers and sellers can avoid spot market volatility through streams, as they know they will get the average price over time.
Feature Integrators: Wallets, Discovery Apps, DEXs
Proposition for Passive Investors & Risk Averse Users: SuperBoring’s guaranteed average price mechanism and its easy ‘stream and chill’ experience appeals to passive and risk averse investors. SuperBoring can be integrated into apps looking to add a streaming DEX feature.
Revenue Streams: Platforms integrating SuperBoring can generate revenue through frontend revenue share and referrals.
Rewards, Fees and Gas costs
SuperBoring users earn the app’s native token BORING, through using SuperBoring or by referring others. Users can then stake BORING in various markets to earn a share of that market’s fees.
SuperBoring takes a 0.5% fee which is divided between the interface operator and BORING token stakers.
There are no repeat gas fees for ongoing swaps. Users incur just one transaction worth of gas when they start a streaming swap position. This is enabled by SuperBoring’s unique architecture powered by Superfluid.
Web3 heritage
SuperBoring is powered by Superfluid, a cutting-edge token infrastructure protocol for scalable money streaming and distributions, with over $400 million of volume and 1 million streams, and can be deployed to any EVM L2.
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