Planning to mint ERC20 tokens monthly and distribute automatically to our community based on contributions made on our platform. Using L2 on Optimism to reduce gas fees from the monthly distribution. Here’s the process and i’d love feedback on whether its a good setup, or suggestions on improvements : ethereum

I have been engaged on tokenising contributions to my neighborhood the place professionals around the globe construct tasks for good causes collectively, specializing in empowering native folks to create international change.

Gasoline charges have been holding me again as i’ve at all times self funded the neighborhood and we run it on a really brief shoe string, and that i fear i would not be capable of afford to distribute the tokens to our members every month so i have been trying into setting it up on a L2.

I might be very grateful for recommendation/suggestions earlier than embarking on constructing it as if i am heading within the flawed course it’s going to save lots of time to search out out now.

Because the token is simply deliberate to have a nominal worth for now safety is much less necessary than getting arrange and working shortly.

Here is the plan i’ve give you to this point:

ERC20 token created by way of OpenZepplin wizard

Deployed on Optimism following this Ankr.com information

Person wallets and month-to-month rating imported into Google sheets by giving Google Script an API Key

Month-to-month rating transformed right into a proportion of complete utilizing spreadsheet capabilities

Pockets addresses pulled from Google sheet and distributed by way of Disperse.app

Thanks for studying