# What is a “streamable” payment?

**Streamed payments occur continuously just like the stream of water out of a tap.** Once the stream parameters are set and the stream is started, money (or tokenised assets) flow at a programmed rate until the stream is closed. No funds are locked in order to stream them, therefore allowing Streamable Finance Protocol users to spend, receive, invest or divert their incoming streams in real time. 

<figure><img src="https://4047671844-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FygonMZ7Wc0OMHGgbFySZ%2Fuploads%2FFd6AsZvFKQ3Lzuv0gPg6%2FSF%20-%204.jpg?alt=media&#x26;token=79307206-78e3-4da4-8f44-d715b3c086e9" alt=""><figcaption><p>Funds are instantly settled and usable by the receiver</p></figcaption></figure>

## 🛠 This allows for:

* **instant** salary and income spending availability;&#x20;
* **reduced overspending** on subscriptions - more pay-per-use;
* greatly **reduced working capital** requirements for companies and supply chains;
* reduced need for (pay-day) **loans**;&#x20;
* greater **financial planning** and clarity;
* more accurate means of exchange for leasing and renting;
* clear **creditworthiness** of individuals and companies based on their net streams;
* more **convenience** through automated investing, saving and spending.

<figure><img src="https://4047671844-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FygonMZ7Wc0OMHGgbFySZ%2Fuploads%2F2Z4xdmP9jmNQY3bLwCds%2FSF%20-%202.jpg?alt=media&#x26;token=e24074f3-67e2-4ad1-a769-d8f358fcdef7" alt=""><figcaption><p>Greater financial planning and clarity</p></figcaption></figure>

Both digital assets and fiat currencies can be wrapped and streamed via Streamable Finance Protocol.

## **Types of Streams** &#x20;

Our system implements several types of financial streams alongside continuous flows. &#x20;

Here’s a list of all the possible streams:  &#x20;

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**Continuous Stream** &#x20;

The stream continuous to run until the senders stops it or because of lack of sufficient funds.  &#x20;

**Exact Amount Streams** &#x20;

The sender specifies the total amount of money to be streamed. The stream automatically closes when this amount is reached. &#x20;

The sender can set a minimum threshold. This ensures a guaranteed transfer even if the sender stops the stream or because of lack of sufficient funds for the total amount.&#x20;

**Exact Duration Streams:** &#x20;

The sender specifies the duration of the stream at a specific rate. &#x20;

A minimum transfer amount can be set as a safeguard. The streams automatically closes when the specified amount of time has passed.  &#x20;

**Adaptive Streams:** &#x20;

The sender authorizes a third party to debit their account based on predetermined parameters (such as maximum amount, duration, flow rate, and currency). &#x20;

The receiver can modify the flow within the allowed parameters until the authorization is revoked. &#x20;

This enables real-time billing for usage-based services (e.g. utilities) and offers a cost-effective alternative to recurring card or direct debit payments. &#x20;

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