Normally, when a Tipn user likes a cast, the Tipn engine sends a USDC tip from the liker to the creator. Tipn Actions are a way to programmatically trigger onchain “actions” that augment the flow of value.
With Tipn Actions, tips are sent to an Action contract. The Action is invoked upon receiving the funds and can perform any onchain interaction. Example use cases include:
Pooling funds into a prize
Minting an NFT to the tipper
Swapping USDC for tokens
Example flow for a Tipn Action whereby tips sent in the /tipn channel are pooled