Overview

Papaya is a scalable subscriptions protocol that enables per-second payments. Unlike competitors, Papaya does not use token proxies but works with native assets, allowing you to retrieve your funds back to your wallet at any time.

• Each Papaya contract is designed to operate with a single specific token. At present, we exclusively support stablecoins: USDT, USDC, and DAI.

• Each Papaya contract functions independently, operates solely with its predetermined token, and remains unaffected by subscriptions involving other tokens.

• Our contracts provide robust support for the creation, modification, and deletion of subscriptions, ensuring flexibility and control.

• Every subscription is uniquely tied to a specific wallet, guaranteeing that users are accountable only for their expenses and can rely on the security of their funds.

• Our contract architecture supports the collection of payments from an unlimited number of subscribers within a single transaction.

• Distinguishing ourselves from competitors, Papaya adheres strictly to widely accepted ERC20 standards, ensuring compliance with the highest security requirements.

Computational complexities

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• n - number of subscribers

• m - number of products and authors

Action	TON Subs	Papaya Subs
Deposit	-	O(n)
Withdraw	-	O(n)
Claim	O(n * m)	O(m)

Example

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Imagine 10,000 products and authors having 1,000,000 of subscribers each. This would lead to 10,000,000,000 of txs per month/week.