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Planning to mint ERC20 tokens month-to-month and distribute routinely to our group primarily based on contributions made on our platform. Utilizing L2 on Optimism to scale back gasoline charges from the month-to-month distribution. Here is the method and that i’d love suggestions on whether or not its an excellent setup, or strategies on enhancements : ethereum

SB Crypto Guru News by SB Crypto Guru News
December 4, 2022
in Ethereum
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Planning to mint ERC20 tokens month-to-month and distribute routinely to our group primarily based on contributions made on our platform. Utilizing L2 on Optimism to scale back gasoline charges from the month-to-month distribution. Here is the method and that i’d love suggestions on whether or not its an excellent setup, or strategies on enhancements : ethereum


I have been engaged on tokenising contributions to my group the place professionals all over the world construct tasks for good causes collectively, specializing in empowering native folks to create international change.

Gasoline charges have been holding me again as i’ve all the time self funded the group and we run it on a really brief shoe string, and that i fear i would not be capable of afford to distribute the tokens to our members every month so i have been trying into setting it up on a L2.

I might be very grateful for recommendation/suggestions earlier than embarking on constructing it as if i am heading within the flawed path it’s going to save a variety of time to search out out now.

Because the token is just deliberate to have a nominal worth for now safety is much less vital than getting arrange and working shortly.

Here is the plan i’ve provide you with thus far:

  1. ERC20 token created by way of OpenZepplin wizard

  2. Deployed on Optimism following this Ankr.com information

  3. Person wallets and month-to-month rating imported into Google sheets by giving Google Script an API Key

  4. Month-to-month rating transformed right into a proportion of complete utilizing spreadsheet capabilities

  5. Pockets addresses pulled from Google sheet and distributed by way of Disperse.app

Thanks for studying



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