Recurring payments: an idea for maintaining services in Kusama.

4yrs ago
6 Comments

We'd like to revisit the idea of Recurring Payments.

This idea is basically a call that sets up in motion repeating payments following certain conditions. It would keep funding it from the treasury until there was a motion to cancel it or until the treasury runs out of funds. The logic will be similar to a vesting function.

This could potentially be used on social contract designs for maintaining services on Kusama, to maintain the contract onchain after offchain discussion on agreement conditions. The call should be approved and cancel by the council, only to be submitted by a motion.

We'd like to open the discussion here for the community to add to the original idea. After, we will move on to the implementation of the call, if the community agrees.

Up
Comments
No comments here