Whats Ratro ? Rastro By Pacman - An ERC 4626 inspired Tracable and transparent channel for token transfers - #49 by pacman
Tutorial:
Step 1 : As an organizer, you will deposit stable coins into a secure vault. This vault is open for donations from anyone, enhancing the pool of available funds. However, the power to allocate these funds lies solely with the organizer.
Step 2 : As the organizer, you will have the authority to decide which vendors are eligible to receive funds from the vault. To maintain fiscal responsibility and control, you can also set specific withdrawal limits for each vendor. This ensures that funds are distributed in a regulated manner, preventing excessive withdrawals and promoting fair access.
Step 3 : Now its time to distribute funds to intended distributers , what actually being distributed here is bearing tokens. Importantly, recipients can only send these tokens to vendors pre-approved by the organizer. Any attempt to transfer tokens to someone else except unapproved vendors will result in a failed transaction, ensuring that funds are used as intended and maintaining on-chain integrity.
Step 4 : Approved vendors can redeem their stablecoins according to the daily withdrawal limits set by the organizer. This redemption process is streamlined and secure, allowing vendors to access their funds efficiently while adhering to the control measures in place.