The Zebec Protocol is a Solana based modern day Payroll solution which allows employers to pay employees every second. Our protocol allows employers to pay team members in crypto, by second, through its continuous settlement mechanism.
The Zebec Protocol is not just limited to streamlined payments. On top of pay per second, we aim to enable real time liquidity through features such as automated dollar cost averaging, yield farming, crypto IRA, 401k accounts, free fiat off-ramp and custom debit card.
Devnet - AknC341xog56SrnoK6j3mUvaD1Y7tYayx1sxUGpeYWdX Mainnet - AknC341xog56SrnoK6j3mUvaD1Y7tYayx1sxUGpeYWdX
https://www.npmjs.com/package/@zebec-protocol/stream
Devnet:
$ npm i zebecprotocol-sdk @solana/web3.js buffer-layout @solana/spl-token
Mainnet:
$ npm i zebecprotocol-mainnet @solana/web3.js buffer-layout @solana/spl-token
import {
getProvider,
depositNativeToken,
initNativeTransaction,
withdrawNativeTransaction,
cancelNativeTransaction,
pauseNativeTransaction,
resumeNativeTransaction,
withdrawNativeTokenDeposit,
} from "zebecprotocol-sdk";
getProvider(); // This will connect user's wallet to phantom //For more info visit https://docs.phantom.app/
const depositTransac = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9", // wallet public key
amount: 1,
};
const response = await depositNativeToken(data);
};
const nativeWithdraw = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9", //wallet public key
amount: 1,
};
const response = await withdrawNativeTokenDeposit(data);
};
For initializing transactions, we need to send the sender address, receiver address, amount, start time and end time in epoch timestamp.
const sendTransac = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9",
receiver: "FuEm7UMaCYHThzKaf9DcJ7MdM4t4SALfeNnYQq46foVv",
amount: 1,
start_time: 1637182627, // epoch time stamp (unix)
end_time: 1637192627,
};
const response = await initNativeTransaction(data); // pda should be saved.
};
For Pausing streaming payment,send the sender address, and receiver's address.
const pauseTransac = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9",
receiver: "FuEm7UMaCYHThzKaf9DcJ7MdM4t4SALfeNnYQq46foVv",
pda: "3AicfRtVVXzkjU5L3yarWt2oMWSS32jfkPeeK5Hh9Hyz", // use saved pda returned from initNativeTransaction()
};
const response = await pauseNativeTransaction(data);
};
For Resuming streaming payment, send the sender address, and receiver's address.
const resumeTransac = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9",
receiver: "FuEm7UMaCYHThzKaf9DcJ7MdM4t4SALfeNnYQq46foVv",
pda: "3AicfRtVVXzkjU5L3yarWt2oMWSS32jfkPeeK5Hh9Hyz",
};
const response = await resumeNativeTransaction(data);
};
For cancelling streaming payment, send the sender and receiver address, amount.
const cancelTransac = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9",
receiver: "FuEm7UMaCYHThzKaf9DcJ7MdM4t4SALfeNnYQq46foVv",
pda: "3AicfRtVVXzkjU5L3yarWt2oMWSS32jfkPeeK5Hh9Hyz",
};
const response = await cancelNativeTransaction(data);
};
For withdrawing from streamed payment or streaming payment, send the sender address , receiver address, and the amount.
const withTransac = async () => {
const data = {
sender: "J75jd3kjsABQSDrEdywcyhmbq8eHDowfW9xtEWsVALy9",
receiver: "FuEm7UMaCYHThzKaf9DcJ7MdM4t4SALfeNnYQq46foVv",
pda: "3AicfRtVVXzkjU5L3yarWt2oMWSS32jfkPeeK5Hh9Hyz",
amount: 0.5,
};
const response = await withdrawNativeTransaction(data);
};
Initializing Payment (set)
Start time ( Unix epoch time)
End time ( Unix epoch time)
Pda (array)
Sender
amount
Recipient
Withdraw (Get request )
PDA amount
Update amount
Formula starts here (transaction per second basis):
By using a given formula , we can show transactions happening per second basis.
End_time - start time = total_seconds
Amount / total_seconds = amount that needs to be transfer in second (token_transfer_per_second)
Current_timestamp - end_time = remaining seconds
spentSeconds = total_Seconds - remaining_seconds
tokenGained = token_transfer_per_second*spentSeconds
Example:
start_time = 1632100802
End_time = 1632188102
Total_amount = 10
current_time = 1632144808
total_time_in_seconds = end_timestamp - start_timestamp
= 1632100802-1632100862
= 60
total_amount_tranfer_per_seconds = total_amount / total_time_in_seconds
=10/60
= 0.1666666666666667
remaining_time_in_seconds = end_timestamp - current_timestamp
spent_time_in_seconds = total_time_in_second - remaining_time_in_seconds
received_token or sent_token = total_amount_tranfer_per_seconds * spent_time_in_seconds