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EIP-2021: Payoutable Token #2106

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daniel-iobuilders opened this issue Jun 6, 2019 · 0 comments
Open

EIP-2021: Payoutable Token #2106

daniel-iobuilders opened this issue Jun 6, 2019 · 0 comments

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@daniel-iobuilders
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@daniel-iobuilders daniel-iobuilders commented Jun 6, 2019

An extension to the ERC-20 standard token that allows Token wallet owners to request payout from their wallet, by calling the smart contract and attaching a payout instruction string.

Token wallet owners (or approved addresses) can order payout requests through blockchain. This is done by calling the orderPayoutFrom or orderPayoutFrom methods, which initiate the workflow for the token contract operator to either honor or reject the payout request. In this case, payout instructions are provided when submitting the request, which are used by the operator to determine the destination of the funds.

The corresponding PR can be found here: #2021

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