▲ 1 r/defi

Need some advice about product and distribution also

We are actually building a salary stream that earns. So, what happens is in current crypto payroll companies, the funds from the org is taken and the employees can see that their money is getting increased after every passing millisecond

But the org funds are idle till the employee withdraws it right? What we are trying to do is make sure that the orgs also yield from the idle money and the employees can also choose to either withdraw to their wallet or keep them in yield bearing protocols

Now, the hardest part is launching this in market. I need some feedbacks about the idea and also some help about how should we go about the distribution in the market cuz we literally are a very small team of 3 engineers

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u/Curious_Coder098 — 5 days ago
▲ 1 r/fintechdev+1 crossposts

Need feedback for a finops suite that we are planning to build

A few days back I made a post in r/ProductMarketing about a payroll system that we were building. It is like a payroll system which steams your money and earns yield for the idle funds. In normal terms its like earned wage access in normal payroll systems where if the funds are kept idle, it earns yield for the company

You can check it out here: https://www.reddit.com/r/ProductMarketing/s/BFplhEVsGY

I got some really good feedbacks and thought of creating a complete finops suite for companies, DAOs (Decentralized Autonomous Organizations) so that their money is not kept idle. Their money should move

One thing I found out was companies keep a budget for their employees, bills and so on. So we are trying to build a platform where companies will come, create buckets of their budget, allocate a budget for each bucket. If that bucket is of employees, they can even further add people to the bucket and set a rate. Then they deposit an amount that will run the entire company and fill the company buckets one by one

But there is one twist: You idle funds will earn interest. It can be less but if the companies have a good amount of money then even 5% is also good considering that they are keeping their funds idle. So, its like a finance and treasury management suite for companies to manage their employees, budgets, bills but the money that is kept in your treasury will actually be earning yield for you

This is mainly for a blockchain solution and the reason is simple. RN every good team wants to move global and they might hop from bank to bank, in blockchains this problem is actually tackled very well. Using stable coins like USDC, USDT tokens can be transferred easily

I would love to know your feedbacks about this entire idea and also would love to know how your finance stack looks like so that I can draw some inspiration from them. If you also face a problem about something that messes up your finops then also please please write it down in the comments cuz I really want to solve a real problem and don't want to create new ones

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u/Curious_Coder098 — 8 days ago

Need feedback for a payment stream that earns

Here's the one liner: We are building a streaming payroll based system that earns itself for blockchains

For those who don't know streaming, let me tell you a scenario... yes this part is ai generated cuz I don't have a better way to explain it to you guys:

Imagine you're running a company with multiple employees. Traditionally, companies set aside funds for payroll, and employees receive their salaries only at the end of the month (or week), regardless of when they actually performed the work. Even if an employee has already earned part of their salary, they have no way to access those funds before payday.

Streaming payroll changes this model. Instead of paying employees in a single lump sum, the company's payroll is streamed continuously as they work. Employees can withdraw any portion of the salary they've already earned at any time, giving them instant access to their wages without waiting for the scheduled payday.

We built a similar system, but with one key improvement: while the payroll funds are waiting to be streamed to employees, they don't sit idle. The deposited payroll is automatically deployed into yield-generating strategies, allowing the company to earn returns on capital that would otherwise remain unused until salaries are paid.

We are in the initial stage and I am an engineer who just built this. We need product feedback about how we can make this a proper startup and most importantly sell it to orgs

I am not a marketing guy and we don't have anyone in the team for marketing also. I would love some feedback about what can be done and what can be made more

reddit.com
u/Curious_Coder098 — 8 days ago
▲ 0 r/Payroll+1 crossposts

(B2B Fintech) Product Feedback Required For a Payroll based company in blockchain space

Here's the one liner: We are building a streaming payroll based system that earns itself for blockchains

For those who don't know streaming, let me tell you a scenario... yes this part is ai generated cuz I don't have a better way to explain it to you guys:

Imagine you're running a company with multiple employees. Traditionally, companies set aside funds for payroll, and employees receive their salaries only at the end of the month (or week), regardless of when they actually performed the work. Even if an employee has already earned part of their salary, they have no way to access those funds before payday.

Streaming payroll changes this model. Instead of paying employees in a single lump sum, the company's payroll is streamed continuously as they work. Employees can withdraw any portion of the salary they've already earned at any time, giving them instant access to their wages without waiting for the scheduled payday.

We built a similar system, but with one key improvement: while the payroll funds are waiting to be streamed to employees, they don't sit idle. The deposited payroll is automatically deployed into yield-generating strategies, allowing the company to earn returns on capital that would otherwise remain unused until salaries are paid.

We are in the initial stage and I am an engineer who just built this. We need product feedback about how we can make this a proper startup and most importantly sell it to organizations

I am not a marketing guy and we don't have anyone in the team for marketing also. I would love some feedback about what can be done and what can be made more

reddit.com
u/Curious_Coder098 — 10 days ago