Automatic Recurring Transfer
Last updated
Last updated
Recurring transfer is very useful for situation like subscription, vesting and payrolls. It is called "A new DeFi primitive to automate recurring transactions and monetize Web3" by superfluid.finance. Many projects have been working on that, but in a rather custodial way. It either requires you to stake your token or wrap your token to a new one, which essentially is also staking. With Versa, you can do it in a self-custodial level: just like your normal transactions, but it recurs.
A demonstration of initiating recurring monthly payments for 12 months
Dashboard to manage all recurring transfer transactions