How VeilPay Works
End-to-end encrypted payroll on Solana. Powered by confidential transfers and zero-knowledge proofs.
Built on Confidential Transfers
VeilPay leverages Solana's Token-2022 program with confidential transfer extensions. This cutting-edge technology enables encrypted token transfers where amounts remain hidden from all observers except the sender and recipient.
Architecture Overview
Step-by-Step Process
From setup to execution, here's how confidential payroll works on VeilPay.
Create Organization
Connect your wallet and set up your organization. Configure treasury settings, roles, and access controls.
Key Actions
- Connect with Phantom, Backpack, or any Solana wallet
- Set organization name and metadata
- Configure admin roles and permissions
- Link treasury wallet for payroll funds
Add Team Members
Import recipients with their wallet addresses. Set up payment schedules and configure recurring payments.
Key Actions
- Add recipients by wallet address
- Set individual payment amounts
- Configure payment frequency (weekly, bi-weekly, monthly)
- Assign roles and permissions
Configure Payroll
Set up your payroll run. Choose tokens, amounts, and schedule. Preview before execution.
Key Actions
- Select payment token (USDC, SOL, custom)
- Review recipient list and amounts
- Set execution date and time
- Multi-sig approval if enabled
Encrypted Execution
Amounts are encrypted using recipient public keys before being submitted to the blockchain.
Key Actions
- Each amount encrypted with recipient's ElGamal key
- Batch transaction submitted to VeilPay contract
- Protocol fees paid in $VEIL
- Confidential transfers execute on Solana
Private Receipt
Recipients decrypt their payment amounts using their private keys. Only they can see what they received.
Key Actions
- Automatic decryption in wallet
- View payment history in dashboard
- Export records for accounting
- Verify on-chain transaction
VeilPay vs Traditional Crypto Payroll
See how confidential transfers change the game for on-chain payroll.
| Feature | Traditional | VeilPay |
|---|---|---|
| Payment Amounts | Fully visible | Encrypted |
| Recipient Address | Visible | Visible |
| Transaction Time | Visible | Visible |
| On-chain Record | Yes | Yes |
| Audit Trail | Public | Authorized only |
| Programmable | Yes | Yes |
| Compliance Exports | Manual | Built-in |
Frequently Asked Questions
Ready to Get Started?
$VEIL is live on Pump.fun. Get in early on the future of confidential payroll on Solana.