likwid 2nd layer beneficiary for dapps
We are excited to announce a new likwid feature targeted at dApps.
Intro
Vested reward (SteemPower) is often a liability for businesses. The option of inmediate liquid rewards has many potential applications. There is however a limitation in how the beneficiary STEEM-native feature can be exploited.
This new feature is an application-based beneficiary abstraction layer that allows dApps to keep their beneficiary scheme while using likwid.
Under normal circumstances, likwid needs to be set as beneficiary for a given dApp-powered post. However, a problem arises for dApps which operate on a "traditional beneficiary monetisation model"; likwid utilisation would clash with it.
Now with the implementation of a custom_json operation during post signing likwid will follow the beneficiary pattern specified at this very json document.
Traditional monetisation model with beneficiaries diagram
[IMAGE: https://i.imgur.com/tauGMLl.png]
New likwid proposal diagram
[IMAGE: https://i.imgur.com/nFDWnmk.png]
Benefits
Startups sometimes struggle in competitive enviroments rewarding their customers in a timely manner. We help professionals reward their customers at a more appealing pace.
Basically, dApps can now pay their customers in cash (100% liquid) instantly at payout time while keeping their usual beneficiary distribution.
Setup and configuration
The beneficiary proxy will be read from a custom_json container.
Official STEEM custom_json documentation
All you need to do is appending a custom_json operation within the same transaction where the comment operation is included
[IMAGE: https://i.imgur.com/1Ry2D0g.png]
[
"custom_json",
{
"required_auths": [],
"required_posting_auths": ["example_account"],
"id": "likwid-beneficiary",
"json": "{
"id": "likwid-beneficiary",
"beneficiaries":[["customerA", 9000], ["example_account",1000]]
}"
}
]
idand beneficiariesfields are mandatory
Credits
Contact & help
Find us on Steemium Discord under #likwid channel.
For more information on @likwid check out our announcement post.
This post has been promoted using @Steemium
[IMAGE: https://cdn.steemitimages.com/DQmNkdv2KGbvfzcCoFEZivrdn4pf2fPAWtRb94yXmhq8dyW/image.png]