The goal of Drips v2 is to be the most powerful and feature-complete decentralized, autonomous, and non-custodial protocol for streaming and splitting funds in web3, with the following key features.
Multi-Token Support (Any ERC20)
Drips v2 allows streaming of any ERC20 token.
No Wrapped Tokens
Some streaming protocols require users to first wrap their tokens, introducing additional contracts as well as assumptions around trust and solvency. Drips v2 allows users to natively stream any ERC20 token - no wrapped tokens required.
Gas-Optimized for Many-to-One Streams
Most web3 streaming protocols only allow users to receive streams from small numbers of other users, and cannot practically support designs where hundreds or thousands of subscribers stream to a single recipient. In contrast, Drips v2 is architected to be extremely gas-efficient for both one-to-one streaming and many-to-one streaming use cases at real-world scales, targeting Ethereum mainnet.
With Drips v2, users and developers have the ability to schedule streams to start and end at specific times in the future, allowing more precision around the total amount of funds streamed.
Shared Stream Balances
While other streaming protocols require users to top-up each stream that they create, leading to many transactions and high gas costs to maintain streams over time, Drips allows users to fund and top-up multiple streams using a single balance and a single transaction.
A Flexible Identity Model
Drips v2 also introduces a new, more flexible model for user identity and accounts, that provides additional options for different ways that users can create accounts and engage with the protocol. For example, an NFT or a Git repository can control an account in Drips.
One Smart Contract / One Graph
Drips uses one smart contract for streaming and splitting, enabling effortless and flexible token routing. For instance, in Drips, when one user streams funds to another, the recipient can set up a Splits configuration to automatically and continuously share a portion of all incoming funds streamed to them with whomever they wish.