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FAQ

What is Dollar-Cost-Averaging (DCA)?​

  • In the context of SuperBoring, Dollar-Cost-Averaging (DCA) is an investment strategy where an investor divides up the total amount to be invested across periodic purchases of a target asset. This strategy gives users the best results over time by swapping tokens in continuous real-time streams: stream in your Sell token and receive back the Buy token periodically.

Who are Liquidity Movers?​

  • A Liquidity Mover is a user who facilitate trades for incoming streams. They compete with each other closing trades through our Liquidity Solution using Instant Distributions, and receive a fee in exchange.

What is TOREX?​

  • TOREX stands for T(WAP) OR(acle) EX(change). It is a core mechanism and the smart contract engine used to make sure that the funds accumulated (in-tokens) on the main SuperBoring contract are continuously and efficiently swapped for the destination asset (called out-tokens).

To learn more about TOREX, please refer to the TOREX page.

What is $BORING?​

  • $BORING is the native token of SuperBoring. It is used to be staked on individual TOREXes, and in return, stakers receive a share of the fees generated by the TOREXes.
  • The TOREXes getting the biggest amount of stakers will receive the biggest amount of $BORING emissions.

To learn more about $BORING, please refer to the $BORING page.

How do you earn $BORING?​

There are two ways to earn $BORING:

  • Create a DCA position: You can earn $BORING by creating a DCA position on SuperBoring.
  • Refer a friend: You can earn more $BORING by referring a friend to SuperBoring. When a referred user starts Dollar-Cost Averaging (DCA) with SuperBoring, you earn 5% of the total $BORING earned by the referred user.

To learn more about the referral program, please refer to the Referrals section.

What is Superfluid?​

  • Superfluid is a protocol that enables real-time streaming of tokens on EVM-Compatible blockchains. It allows developers to build applications that can stream tokens in real-time, enabling new use cases and business models.
  • SuperBoring is built on top of the Superfluid Protocol, leveraging its streaming technology to provide a more efficient and accessible way to perform Dollar-Cost-Averaging (DCA).

To learn more about Superfluid, please refer to the Superfluid website.

What are Distribution Pools?​

  • Distribution Pools is a primitive of the Superfluid Protocol and a special feature of Super Tokens.

To learn more about it, please refer to the Superfluid Protocol Documentation.

What happens when I run out of funds in my DCA position?​

  • When you run out of funds in your DCA position, the DCA position will be automatically closed.
  • The only funds that account for your DCA position is your Super Token balance. The underlying tokens are not affected by the DCA.

To learn more about how the automatic closing of streams works, please refer to the Superfluid Docs.

Is SuperBoring safe?​

  • The SuperBoring app is built on top of the Superfluid Protocol, which is a well-established and secure protocol for streaming money on the blockchain. The smart contracts used by SuperBoring do not hold any funds themselves and are designed to be non-custodial, meaning that users retain control of their funds at all times.

  • Both Superfluid and SuperBoring have undergone extensive security audits to ensure that the platform is safe and secure for users.

You can find the links to the audit reports in the Security section.