Sablier, a dApp built-on Ethereum for continuous payments, is now live. Sablier focuses on companies, employees, and payroll. However, it has many use-cases, other useful applications include: freelancing subscriptions, taxes, consultancy (lawyers, doctors) rent, etc.
Brief History
The app was launched initially in June 2019, but had several shortcomings including:
- No mobile version
- Only compatible with MetaMask, which had to be enabled before the UI could load
- Many bugs caused by keeping the payer and the recipient’s interface under the same domain
- A complicated math process involved in deciding how much money to deposit
Not satisfied with the early release, the Sablier team decided it was best to redesign everything.
New Web Interfaces
The interfaces are hosted at pay.sablier.finance and app.sablier.finance, in order to make a distinction between the web interface for streaming money and the one for receiving the streamed money.
Updated Live Features Now Include:
- Responsive design, working on mobile and desktop
- Accessible via MetaMask, Coinbase Wallet or any other wallet that accepts the WalletConnect protocol, such as Trust Wallet
- Support for DAI, SAI, USDC and Compound’s cDAI, and cUSDC
- Streams are computed as a payment rate/ second, so users don’t have to do any math anymore — just write the desired deposit amount and the streaming duration
Check out the below demo video for how anyone in the world can start streaming money:
Sablier is being built with the goal to make paydays a thing of the past by earning a salary in real-time. Users are able to verify they are being paid and don’t have to trust an employer. Organizations can also stop wasting billions on accounting, invoicing and timestamping, where money streaming through Sablier can do better.
“Our smart contracts have been audited by Quantstamp and ConsenSys Diligence. Sablier depends on new technology that may contain undiscovered vulnerabilities; we encourage you to verify our contracts by yourself. The protocol is accessible via our branded web interfaces, but no one stops you from rolling your own. If you’re a wallet developer, we’d love to help you build a plugin for Sablier. We couldn’t have built this without the huge support we received from MakerDAO, which awarded us a community grant in August 2019 to fund the development of Sablier v1. Thank you so much.”
– The Sablier Team