Huge News!Announcing our $40M Series B led by Abstract Ventures.Learn More
Socket
Sign inDemoInstall
Socket

@saberhq/merkle-distributor

Package Overview
Dependencies
Maintainers
2
Versions
13
Alerts
File Explorer

Advanced tools

Socket logo

Install Socket

Detect and block malicious and high-risk dependencies

Install

@saberhq/merkle-distributor

TypeScript SDK for a Solana program for distributing tokens according to a Merkle root.

  • 0.3.5
  • latest
  • Source
  • npm
  • Socket score

Version published
Weekly downloads
4
decreased by-66.67%
Maintainers
2
Weekly downloads
 
Created
Source

merkle-distributor

Crates.io License Build Status Contributors

A program for distributing tokens efficiently via uploading a Merkle root.

This program is largely based off of Uniswap's Merkle Distributor.

Rationale

Although Solana has low fees for executing transactions, it requires staking tokens to pay for storage costs, also known as "rent". These rent costs can add up when sending tokens to thousands or tens of thousands of wallets, making it economically unreasonable to distribute tokens to everyone.

The Merkle distributor, pioneered by Uniswap, solves this issue by deriving a 256-bit "root hash" from a tree of balances. This puts the gas cost on the claimer. Solana has the additional advantage of being able to reclaim rent from closed token accounts, so the net cost to the user should be around 0.000010 SOL (at the time of writing).

The Merkle distributor is also significantly easier to manage from an operations perspective, since one does not need to send a transaction to each individual address that may be redeeming tokens.

License

The Merkle distributor program and SDK is distributed under the GPL v3.0 license.

Keywords

FAQs

Package last updated on 10 Jun 2022

Did you know?

Socket

Socket for GitHub automatically highlights issues in each pull request and monitors the health of all your open source dependencies. Discover the contents of your packages and block harmful activity before you install or update your dependencies.

Install

Related posts

SocketSocket SOC 2 Logo

Product

  • Package Alerts
  • Integrations
  • Docs
  • Pricing
  • FAQ
  • Roadmap
  • Changelog

Packages

npm

Stay in touch

Get open source security insights delivered straight into your inbox.


  • Terms
  • Privacy
  • Security

Made with ⚡️ by Socket Inc