🌊Creating a Stream
Here we have a complete guide on create a stream for your employees and how to manage them further.
Before creating a stream make sure you have funds added in the vault. If not done, check out the previous page for tutorial.
Here's how you can create a Stream
Add recipients's address, you can either add them from the Address Book or enter it manually.
Now enter the amount you want to stream per month.
Currently we only calculate Stream by amount per month
Mention the duration you want to stream : 1,2 or 3 months
Select the token you want to stream
Click on Create Stream
The Stream will be initiated instantly and you can track the streams from the dashboard
A Detailed walkthrough
Lets say you want to stream 1000 DAI from 2 months
Add recipient's address
Enter 1000 as amount to be streamed
Select DAI as the token to be streamed
Select 2 months as duration.
Click on Create Stream
The stream will be disbursed in the following manner
Amount : 1000 DAI, Duration : 2 months = 172800 seconds
Stream rate : 1000/172800 = 0.00578 DAI/second
i.e. 0.00587 DAI will be transferred to the recipients wallet every second
Congrats 🎉 You've just created your first stream
Last updated