<aside> đź’° Streams.so is a marketplace for governance token streams.
</aside>
Streams.so allows protocols to sell token streams: a stream of tokens given to the buyer over a period of time. Protocols can use Streams to raise funds for their treasury while controlling token inflation rates.
**Streams.so lets you make long-term bets on protocols you believe in and get rewarded for doing so.** If you believe that a protocol is currently undervalued and will appreciate over a year, you can make a bet by buying b365GOV streams. In return, you will pay a lower price than buying GOV directly.
For a step-by-step guide on how to buy Streams, check out Buy Streams.
https://youtu.be/5eMytioHUNw?t=14
For a step-by-step guide on how to use Streams’ CLI to mint bonded tokens and to initialise auctions to sell bonded tokens, check out [For Protocols] How to use Streams.
Check out Buy Streams.
The protocol selling the tokens will decide the amount of bGOV tokens to be sold, what they will be sold for (USDC/LP tokens/any other currency), the vesting time (anywhere from 30 days to 1 year). Then, these bGOV tokens will then be sold via a descending auction mechanism. The price of the bGOV tokens will decrease over time (updown to a floor), but people who buy will reset the price decrease, so you should jump in when you see a price that you like.
Here are examples of descending auctions. In this diagram, the price decreases over time, but people buying the token causes the price to increase.
https://miro.medium.com/max/1400/0*IuXdp8Ii48e7LUAO
In this diagram, the price decreases over time, but people buying the token causes the price to increase.