Streamflow Reports Record $280K Revenue in September, Powering 25K+ Projects
Streamflow, the leading token distribution platform on Solana, has reported impressive growth. In September 2022, it generated over $280,000 in protocol revenue, marking a significant increase from August's $235,000. This success comes amidst a peak TVL of ~$2.5 billion, over 1.3 million users, and 25,000+ projects powered across multiple blockchains.
Streamflow's revenue growth is driven by its no-code products for token distribution and an SDK for direct integration into external applications. Notably, over $62,800 was distributed to $STREAM stakers through its Active Staking Rewards program, the highest monthly payouts to date. This represents over 30% of Streamflow's revenue, demonstrating its commitment to rewarding active participants.
The platform's security and non-custodial nature have contributed to its success. It aligns token incentives throughout the entire token lifecycle, ensuring fairness and efficiency. The total supply of $STREAM that is staked has climbed to over 57 million, representing 42.2% of the circulating supply.
Streamflow's impressive September revenue, coupled with its growing user base and projects powered, underscores its leading position in the token distribution landscape. Its commitment to rewarding active stakers and aligning token incentives positions it well for future growth. With a peak TVL of ~$2.5 billion and over 1.3 million users, Streamflow continues to make waves in the blockchain space.
