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Streams

Every interaction with the Legacy Protocol is in relation to a specific "token stream". This is how we refer to a real-time payment.

A token stream has six properties:

  1. Sender.
  2. Recipient.
  3. Fixed deposit amount.
  4. ERC-20 token used as streaming currency.
  5. Start time
  6. Stop Time

Example​

Imagine a 3,000 DAI salary paid by Alice to Bob over the whole month of January. The start time would be Jan 1 and the stop time Feb 1. Every second makes Bob richer; on Jan 10, he would have earned approximately 1,000 DAI.