CookieJar is a blockchain-based solution designed as a digital petty cash drawer for online organizations operating in high trust environments. By significantly reducing administrative overhead, CookieJar enables teams to move faster and focus on their core objectives while maintaining appropriate financial controls.
Reduce administrative overhead and increase contributor autonomy in high trust areas of web3 orgs
In most web3 orgs there isn't a simple way to give trusted contributors the autonomy to make small purchases that are essential to their roles and advancing the organization. The process is usually very admin intensive requiring multiple parties to sign a transaction to enable the contributor to do their job.
Cookie Jar enables much greater autonomy for trusted contributors and dramatically reduces administrative overhead by allowing organizations to setup pools of funds with access control mechanisms.
Here is an example of how it works:
1). Create a jar
a). Choose the network to deploy the jar on
i). Currently supported on: Base, Celo, Gnosis & Optimism
b). Select who will be the jar admin
c). Decide on the currency
i). we support native tokens and ERC20s
d). configure withdrawal options
i). Fixed withdrawal - the same amount is withdrawn every time
ii). Variable withdrawal - any amount up to the set max amount can be withdrawn
iii). Withdrawal interval - how often withdrawals can be made
2. Configure & Fund the Jar
1. Add a list of addresses that can withdraw from the jar
2. Deposit funds into the jar
3. Use the Jar!
1. Now anyone on the whitelist can make withdrawals from the jar and leave a note explaining what they used the funds for
4. Review Transactions/Update the Jar
1. Occasionally the jar admin may want to review the transactions to ensure no one is abusing it
1. If they find someone abusing the jar they can simply remove them from the white list and that user will no longer have the ability to withdraw from the jar
We take a 1% fee on all jar deposits
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