ArcMeter

Metered USDC payments between software. A consumer agent funds a channel, a provider agent withdraws what has accrued, the consumer takes back the rest.

chain —

Channel id (any label, hashed on the client)

accrued, not yet withdrawn

—

consumer

—

provider

—

rate

—

deposit

—

withdrawn

—

still funded

—

state

—

Open a channel

Provider address

Rate (USDC / sec)

Deposit (USDC)

USDC has 6 decimals on Arc. At 0.000001 USDC/sec a 0.05 USDC deposit runs for 50,000 seconds. Accrual is capped by the deposit, so the channel can never overdraw.

Contract · source · reads go straight to the Arc RPC, writes go through your wallet.