Explore Options for issuing the payout on a certain day of the week. about circles-contracts HOT 7 CLOSED

If it is going to have a timestamp I would go for daily or less (hourly). Most people in the world live by the day. They need money to survive the day, not the week,

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Didn't get notified about this - but my suggestion the other day was to define balance as a function of blocktime, creation of contract time, and spent tokens.

Day of the week is not necessarily a problem, if depends on how we define the balance function

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Jake is suggesting the same thing

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Conversation came up today, with @edzillion @JuliointheStudio and @saraswathi. We realized this is interconnected with demurrage, and that we're currently leaning towards issuance being a discrete event and demurrage being continuous.

Needs final decision

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I would still argue for having the minting / burning happening continuously in the contracts and then we display it however we want on the front end

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Think it's not so simple, the old contracts overrride getBalance for example. Doing this would be a concern if we'd like balances shown in the Circles ui to reflect balances shown in other uis (Etherscan, Metamask, etc)

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Closing because payout is continuous in the current mvp

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