# Currents, by Propdates

***TL;DR:** Continue funding the Propdates team to improve Propdates and build more infrastructure around payments and accountability*

### Problem
A majority of proposals do not use streams and do not post updates because they have no incentive to do so. In order to increase accountability in the DAO and long-term proposal quality, we need to increase usage of streams and Propdates.

### Solution
To solve this, we suggest an upgrade to the current Nouns streaming contracts, which were just a slight fork of Sablier by the Verbs team built in 2022.

We propose **Currents**, an NFT-based streaming approach, with new features that fit the ecosystem's needs:
- **More streaming strategies**: linear, exponential, cliffs, etc..
- **Propdates required**: currents will need an update within the last 30 days to unlock, increasing accountability
- **Transferable**: claiming access belong to the NFT, so contributors can transfer to other wallets if needed
- **Onchain Metadata**: just a nice touch to have the NFT render the current's data nicely :-)

You can read the technical document [here](https://hackmd.io/@onnnnnnnion/currents).

In the next three months, we will:
* Finish the contracts (we've already begun work on them), get them fully tested, and audited.
* Integrate Currents into Propdates, as well as other Nouns front-ends
* Continue bringing upgrades and quality of life improvements to Propdates (including new designs). This may include community updates.


**Propdates Stats**
* 80 proposals updated (53 completed)
* 153 updates
* 30,000 words
* 1 update every day (average)

**Team**
- Martin (front-end): built Propdates, Mogu, Payroll
- Onnnnion (contracts): built Propdates v2 contracts, designed Currents contracts

We will also occassionally contract help, and may run a community contest for the art of the Current NFTs.

**Funding Ask**
* 50 ETH streamed over 3 months
* We may also need to come back for audit funding