The protocol for
real-time payments
Schedule, collect, and access funds instantly, empowering the financial flexibility needed for a dynamic and rapidly evolving world.
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 payments easier and more fair for you. With a simple, one-time deposit, CoinDrip will start to stream the tokens toward the recipient every second.
Start streaming
With a simple, one-time deposit, you can handle vesting, payroll, airdrops, grants and many other things in a decentralized way.
NFTs
Each stream recipient is minted an NFT giving him full access to the stream. This makes CoinDrip highly composable with other DeFi protocols.
Manage 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.
and MultiversX
Coindrip is compatible with any token like USDC or SUI
MultiversX, the EGLD network, is a distributed blockchain network for next-gen applications. Decentralized via 3,000+ nodes, scalable through sharding, fast, secure & green.
Sui is a next-generation Layer 1 blockchain designed to be infinitely scalable and lightning-fast, delivering the benefits of Web3 with the ease of Web2. It features a unique architecture that allows for massive parallelization of transactions, reducing latency and enhancing performance.
If you can't find what you're looking for, email or DM us and we'll get back to you.
How does token 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 tokens?
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!
Can I cancel a stream?
Yes, the 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.
How does stream NFTs work?
Each stream recipient is minted an NFT when a stream is created. Whoever the owner of that NFT is, has full access to withdraw funds from that stream. Once that NFT is transferred or sold to another wallet, the new wallet has full access to the funds, including the stream but not claimed ones.
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, payroll, airdrops, grants or subscriptions.
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, the entire code base is open-source for everyone to check or submit improvements.