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FeaturesMade on MultiversXFAQ
Open CoinDrip

Live on MultiversX mainnet 🎉


THE PROTOCOL FOR REAL-TIME PAYMENTS

Why wait one month to get your salary when you can get paid each second with
CoinDrip?

Start streamingRead docs →
App screenshot


STREAM TOKENS EVERY SECOND

We know how important is to get paid on time. With CoinDrip, on time means every
second. As a user, you can see your tokens stream increase in real-time, and you
can claim them whenever you want. As a web3 company or DAO, we just made payment
easier and more fair for you. With a simple, one-time deposit, CoinDrip will
start to stream the ESDT toward the recipient every second.


START STREAMING

With a simple, one-time deposit, you can pay salaries, do ESDT vesting, and many
other things in a descentralized way.


MANAGE YOUR STREAMS

You can see and manage all of your incoming or created streams, check the status
and quickly get an overview


REAL-TIME CLAIM

Payments shouldn't be static. With CoinDrip your tokens unlock each second and
you can withdraw them whenever you want.

With a simple, one-time deposit, you can pay salaries, do ESDT vesting, and many
other things in a descentralized way.



You can see and manage all of your incoming or created streams, check the status
and quickly get an overview



Payments shouldn't be static. With CoinDrip your tokens unlock each second and
you can withdraw them whenever you want.




POWERED BY THE MULTIVERSX BLOCKCHAIN

CoinDrip is compatible with EGLD or any ESDT like USDC.


SCALABLE

Adaptive state sharding

Adaptive State Sharding brings a 1000x improvement in throughput compared to
previous blockchain iterations by enabling parallel transaction processing.


LOW FEES

Elrond Standard Digital Tokens (ESDT)

The ESDT token model enables true ownership of assets, advanced programmability,
and low transfer fees, making it an essential foundation for building more
efficient and robust DeFi products.

coindrip-protocol.rs
storage.rs
events.rs





FEATURED ON MULTIVERSX


PROGRAMMABLE MONEY STREAMING ON MULTIVERSX VIA COINDRIP

"This is already a significant leap forward, but solutions such as the one built
by the CoinDrip team are paving the way for new functionality and more
flexibility, which will greatly improve the way we interact with money." -Lucian
Mincu

Read article


GET STARTED TODAY

Payments should be real-time, not static! Why wait one month to get your salary
when you can get paid each second with CoinDrip?

Open dApp now

> I've been freelancing for more than five years and had multiple problems with
> delayed payments. After around one year of building on MultiversX, I know we
> can use this great technology to reinvent recurring payments.
> 
> Razvan Statescu
> Founder, CoinDrip


FREQUENTLY ASKED QUESTIONS

If you can’t find what you’re looking for, email us and we'll get back to you.


 * * WHAT ARE ESDTS?
     
     The MultiversX network natively supports the issuance of custom tokens,
     without the need for contracts such as ERC20, but addressing the same
     use-cases. And due to the native in-protocol support, transactions with
     custom tokens do not require the VM at all. In effect, this means that
     custom tokens are as fast and as scalable as the native EGLD token itself.
   
   
   * HOW DOES ESDT STREAMING WORKS?
     
     You define an amount of tokens to be distributed in a specific time period.
     During that period, tokens unlock each second and the recipient is able to
     claim them whenever he wants.
   
   
   * EXAMPLE
     
     Let's say you want to send 2000 USDC to John from 1 Jan to 1 Feb. You'll
     create the stream with all these details. John's funds will start to unlock
     from 1 Jan, each second. For example, on 15 Jan John will be able to claim
     half of his funds.


 * * HOW CAN I START STREAMING ESDTS?
     
     You need to connect your wallet on CoinDrip, click on the Create Stream
     button, fill in the recipient, amount of tokens and the duration, click the
     button and sign the transaction. That's it!
   
   
   * WHERE ARE THE ESDTS HELD?
     
     From the deposit until the recipient claims them, the token are locked
     inside our smart contract.
   
   
   * CAN I CANCEL A STREAM?
     
     Yes, the sender and recipient can cancel a stream at any time if the stream
     was not marked as non-cancellable by the sender during creation. If the
     stream is canceled before the start time, all funds are returned to the
     sender. If you cancel the stream after the start time, but before the end
     time, the amount that was stream so far is transferred to the recipient and
     the remaining tokens come back to your wallet. If the stream is canceled
     after the end time, all funds are transferred to the recipient.
   
   
   * CAN I EDIT A STREAM?
     
     No, streams are not editable. After it was created, you can only cancel it
     based on the above conditions.


 * * WHAT ARE THE POSSIBLE USE-CASES OF COINDRIP?
     
     The possibilities are endless but some of the use-cases we identified might
     be: recurring payments, token vesting or subscriptions.
   
   
   * WHAT DO I NEED TO USE COINDRIP?
     
     A computer with internet connection, and a MultiversX Wallet with some ESDT
     tokens that you want to stream.
   
   
   * IS THE COINDRIP PROTOCOL DECENTRALIZED?
     
     Yes, all the transactions are public on the blockchain, and anyone can come
     and interact directly with the smart contract or through another interface.
     Also, after leaving beta period we also aim to open-source the smart
     contract for everyone to check.


WHAT PEOPLE SAY ABOUT US


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Copyright © 2023 CoinDrip. All rights reserved. On a mission to reinvent
payments!