ERC: Subscription Based ERC20 Token

0xRobinR · April 25, 2023, 6:23am

Discussion thread for new EIP, Subscription based ERC20 Token, an extended form of EIP20

abcoathup · April 25, 2023, 8:34am

Suggest reading: Guidelines on How to write EIP. Do's and Don'ts including examples | by Anett | The Fellowship of Ethereum Magicians | Medium

EIP editors assign an EIP number (generally the PR number, but the decision is with the editors) (from: EIP-1: EIP Purpose and Guidelines), so you can’t just pick your own, e.g. ERC360

0xRobinR · April 25, 2023, 11:16am

Apologies for that, I had read the guidelines, thought I could “propose” the number. Nevermind.

0xRobinR · May 2, 2023, 1:08pm

Any views/comments on this proposal ?

0xRobinR · May 22, 2023, 1:29pm

github.com

360core/EIPs/blob/master/EIPS/eip-6932.md

---
eip: 6932
title: Subscription-Based Token
description: access to a service or product that requires recurring payments.
author: 360 Core <hello@360coreinc.com>, Robin Rajput (@0xRobinR)
discussions-to: https://ethereum-magicians.org/t/erc-subscription-based-erc20-token/13964
status: Draft
type: Standards Track
category: ERC
created: 2023-04-25
requires: 20
---

## Abstract

The subscription-based [ERC-20](./eip-20.md) token extends the basic [ERC-20](./eip-20.md) token standard with a `subscribe` and `unsubscribe` function, which allow users to subscribe or unsubscribe from the subscription service. The `subscriptionFee` and `subscriptionFrequency` variables define the cost and frequency of the subscription. The `nextPaymentDate` mapping keeps track of the next payment date for each subscriber.

This EIP also proposes adding `renewSubscription` functions to the token contract, that can be used by token holders to renew their subscription to a service or product that requires recurring payments in the form of the token.

## Motivation

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link to the eip proposed

0xRobinR · June 1, 2023, 1:07pm

a working implementation on auto-debit subscription-based erc20 token - EIP 6932