Last updated 4 years ago
Provide an easy way to assign ADA to other entities, that get automatically billed.
This is the total amount allocated to Direct Debit Contract for ADA.
Rather like a direct debit have an easy way to enter an agreement and send money automatically every period.
Split balling
Example
You want to fund a charity with 10 ADA every month, you enter some sort of agreement and your wallet gets debited 10 ADA every month from your wallet or staking rewards.