MPC-Enabled Base USDC Disbursement Utility

This implementation of an MCP service facilitates completely no-cost USDC movements within the Base ecosystem, underpinned by integration with the Coinbase Custody & Decentralized Protocol (CDP) MPC infrastructure.

Core Capabilities

• Zero-Fee USDC Dispatch: Send USDC tokens to any valid address or registered ENS/BaseName identity on Base; the service absorbs all transaction overhead, offering pure asset transfer functionality.
• Coinbase MPC Security: Utilizes a professionally managed Coinbase MPC wallet structure for robust key management and transaction signing.
• Address Abstraction: Seamlessly translates human-readable domain names (ENS and BaseName) into blockchain-compatible addresses during execution.

Operational Functions

execute_token_transfer

• Description: Calculates the necessary USDC transfer amount based on input parameters and initiates the movement across the Base L2 network. Note: Due to the asynchronous nature of decentralized ledgers, this function schedules the transaction broadcast and does not synchronously await final block confirmation.
• Inputs:
  • quantity_of_usdc (number): The desired USDC volume to remit, must be strictly positive.
  • destination_identifier (string): The destination cryptocurrency address or a domain name (e.g., 'mywallet.eth').
• Behavior:
  • Validates the destination format or resolves the provided domain name.
  • Queues the USDC transfer payload for submission to the Base chain.
  • Returns a unique link pointing to the transaction record on the BaseScan explorer.

provision_mpc_signer

• Description: Generates and securely stores the credentials necessary for the Coinbase MPC signer integration.
• Behavior:
  • If a wallet entity does not exist, it provisions a new Coinbase MPC wallet address and securely archives the requisite seed material.
  • If wallet credentials are already present, it simply reports the existing public address.
  • Wallet seed information is persisted locally within the user's Documents folder under mpc_info.json.

Setup & Integration

Obtaining API Credentials

1. Register for access via the Coinbase CDP Portal
2. Navigate to the developer dashboard to mint your operational API credentials.

Configuration for Desktop Client

1. Modify your local configuration file (claude_desktop_config.json) as follows:

{ "mcpServers": { "free-usdc-transfer": { "command": "npx", "args": [ "-y", "@magnetai/free-usdc-transfer" ], "env": { "COINBASE_CDP_API_KEY_NAME": "YOUR_SPECIFIED_API_KEY_NAME", "COINBASE_CDP_PRIVATE_KEY": "YOUR_SECRET_PRIVATE_KEY_VALUE" } } } }

1. Alternatively, streamline deployment by utilizing the magnet-desktop installation utility.

Legal Statement

This service module is distributed under the permissive MIT License terms. Users retain full freedom to inspect, alter, and redistribute the software, contingent upon adherence to the stipulations detailed in the accompanying LICENSE file within the source repository.

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Developed by Magnet Labs, supported by our growing collective of AI and Cryptocurrency specialists.

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