diff --git a/backend/src/federation/client/1_0/model/SendCoinsArgs.ts b/backend/src/federation/client/1_0/model/SendCoinsArgs.ts
index 2ba743368..3d15c04b1 100644
--- a/backend/src/federation/client/1_0/model/SendCoinsArgs.ts
+++ b/backend/src/federation/client/1_0/model/SendCoinsArgs.ts
@@ -1,5 +1,5 @@
 import { Decimal } from 'decimal.js-light'
-import { ArgsType, Field, Int } from 'type-graphql'
+import { ArgsType, Field } from 'type-graphql'
 
 @ArgsType()
 export class SendCoinsArgs {
@@ -9,6 +9,9 @@ export class SendCoinsArgs {
   @Field(() => String)
   userReceiverIdentifier: string
 
+  @Field(() => Date)
+  creationDate: Date
+
   @Field(() => Decimal)
   amount: Decimal
 
diff --git a/federation/src/config/index.ts b/federation/src/config/index.ts
index 29458d006..aceb15e98 100644
--- a/federation/src/config/index.ts
+++ b/federation/src/config/index.ts
@@ -12,13 +12,13 @@ Decimal.set({
 
 const constants = {
   DB_VERSION: '0071-add-pending_transactions-table',
-  // DECAY_START_TIME: new Date('2021-05-13 17:46:31-0000'), // GMT+0
+  DECAY_START_TIME: new Date('2021-05-13 17:46:31-0000'), // GMT+0
   LOG4JS_CONFIG: 'log4js-config.json',
   // default log level on production should be info
   LOG_LEVEL: process.env.LOG_LEVEL || 'info',
   CONFIG_VERSION: {
     DEFAULT: 'DEFAULT',
-    EXPECTED: 'v1.2023-01-09',
+    EXPECTED: 'v2.2023-08-24',
     CURRENT: '',
   },
 }
diff --git a/federation/src/graphql/api/1_0/enum/PendingTransactionState.ts b/federation/src/graphql/api/1_0/enum/PendingTransactionState.ts
new file mode 100644
index 000000000..6a614be96
--- /dev/null
+++ b/federation/src/graphql/api/1_0/enum/PendingTransactionState.ts
@@ -0,0 +1,14 @@
+import { registerEnumType } from 'type-graphql'
+
+export enum PendingTransactionState {
+  NEW = 1,
+  WAIT_ON_PENDING = 2,
+  PENDING = 3,
+  WAIT_ON_CONFIRM = 4,
+  CONFIRMED = 5,
+}
+
+registerEnumType(PendingTransactionState, {
+  name: 'PendingTransactionState', // this one is mandatory
+  description: 'State of the PendingTransaction', // this one is optional
+})
diff --git a/federation/src/graphql/api/1_0/enum/TransactionTypeId.ts b/federation/src/graphql/api/1_0/enum/TransactionTypeId.ts
new file mode 100644
index 000000000..a7e39eebc
--- /dev/null
+++ b/federation/src/graphql/api/1_0/enum/TransactionTypeId.ts
@@ -0,0 +1,15 @@
+import { registerEnumType } from 'type-graphql'
+
+export enum TransactionTypeId {
+  CREATION = 1,
+  SEND = 2,
+  RECEIVE = 3,
+  // This is a virtual property, never occurring on the database
+  DECAY = 4,
+  LINK_SUMMARY = 5,
+}
+
+registerEnumType(TransactionTypeId, {
+  name: 'TransactionTypeId', // this one is mandatory
+  description: 'Type of the transaction', // this one is optional
+})
diff --git a/federation/src/graphql/api/1_0/model/Decay.ts b/federation/src/graphql/api/1_0/model/Decay.ts
new file mode 100644
index 000000000..0b710c234
--- /dev/null
+++ b/federation/src/graphql/api/1_0/model/Decay.ts
@@ -0,0 +1,41 @@
+import { Decimal } from 'decimal.js-light'
+import { ObjectType, Field, Int } from 'type-graphql'
+
+interface DecayInterface {
+  balance: Decimal
+  decay: Decimal
+  roundedDecay: Decimal
+  start: Date | null
+  end: Date | null
+  duration: number | null
+}
+
+@ObjectType()
+export class Decay {
+  constructor({ balance, decay, roundedDecay, start, end, duration }: DecayInterface) {
+    this.balance = balance
+    this.decay = decay
+    this.roundedDecay = roundedDecay
+    this.start = start
+    this.end = end
+    this.duration = duration
+  }
+
+  @Field(() => Decimal)
+  balance: Decimal
+
+  @Field(() => Decimal)
+  decay: Decimal
+
+  @Field(() => Decimal)
+  roundedDecay: Decimal
+
+  @Field(() => Date, { nullable: true })
+  start: Date | null
+
+  @Field(() => Date, { nullable: true })
+  end: Date | null
+
+  @Field(() => Int, { nullable: true })
+  duration: number | null
+}
diff --git a/federation/src/graphql/api/1_0/model/SendCoinsArgs.ts b/federation/src/graphql/api/1_0/model/SendCoinsArgs.ts
new file mode 100644
index 000000000..3d15c04b1
--- /dev/null
+++ b/federation/src/graphql/api/1_0/model/SendCoinsArgs.ts
@@ -0,0 +1,29 @@
+import { Decimal } from 'decimal.js-light'
+import { ArgsType, Field } from 'type-graphql'
+
+@ArgsType()
+export class SendCoinsArgs {
+  @Field(() => String)
+  communityReceiverIdentifier: string
+
+  @Field(() => String)
+  userReceiverIdentifier: string
+
+  @Field(() => Date)
+  creationDate: Date
+
+  @Field(() => Decimal)
+  amount: Decimal
+
+  @Field(() => String)
+  memo: string
+
+  @Field(() => String)
+  communitySenderIdentifier: string
+
+  @Field(() => String)
+  userSenderIdentifier: string
+
+  @Field(() => String)
+  userSenderName: string
+}
diff --git a/federation/src/graphql/api/1_0/resolver/SendCoinsResolver.ts b/federation/src/graphql/api/1_0/resolver/SendCoinsResolver.ts
new file mode 100644
index 000000000..06247a425
--- /dev/null
+++ b/federation/src/graphql/api/1_0/resolver/SendCoinsResolver.ts
@@ -0,0 +1,66 @@
+// eslint-disable-next-line @typescript-eslint/no-unused-vars
+import { Mutation, Query, Resolver } from 'type-graphql'
+import { federationLogger as logger } from '@/server/logger'
+import { Community as DbCommunity } from '@entity/Community'
+import { PendingTransaction as DbPendingTransaction } from '@entity/PendingTransaction'
+import { SendCoinsArgs } from '../model/SendCoinsArgs'
+import { User as DbUser } from '@entity/User'
+import { LogError } from '@/server/LogError'
+import { PendingTransactionState } from '../enum/PendingTransactionState'
+import { TransactionTypeId } from '../enum/TransactionTypeId'
+import { calculateRecepientBalance } from '@/graphql/util/calculateRecepientBalance'
+import Decimal from 'decimal.js-light'
+import { fullName } from '@/graphql/util/fullName'
+
+@Resolver()
+// eslint-disable-next-line @typescript-eslint/no-unused-vars
+export class SendCoinsResolver {
+  @Mutation(() => Boolean)
+  async voteForSendCoins(args: SendCoinsArgs): Promise<boolean> {
+    logger.debug(`voteForSendCoins() via apiVersion=1_0 ...`)
+    try {
+      // first check if receiver community is correct
+      const homeCom = await DbCommunity.findOneBy({
+        communityUuid: args.communityReceiverIdentifier,
+      })
+      if (!homeCom) {
+        throw new LogError(`voteForSendCoins with wrong communityReceiverIdentifier`)
+      }
+      // second check if receiver user exists in this community
+      const receiverUser = await DbUser.findOneBy({ gradidoID: args.userReceiverIdentifier })
+      if (!receiverUser) {
+        throw new LogError(
+          `voteForSendCoins with unknown userReceiverIdentifier in the community=`,
+          homeCom.name,
+        )
+      }
+      const receiveBalance = await calculateRecepientBalance(
+        receiverUser.id,
+        args.amount,
+        args.creationDate,
+      )
+      const pendingTx = DbPendingTransaction.create()
+      pendingTx.amount = args.amount
+      pendingTx.balance = receiveBalance ? receiveBalance.balance : new Decimal(0)
+      pendingTx.balanceDate = args.creationDate
+      pendingTx.decay = receiveBalance ? receiveBalance.decay.decay : new Decimal(0)
+      pendingTx.decayStart = receiveBalance ? receiveBalance.decay.start : null
+      pendingTx.linkedUserCommunityUuid = args.communitySenderIdentifier
+      pendingTx.linkedUserGradidoID = args.userSenderIdentifier
+      pendingTx.linkedUserName = args.userSenderName
+      pendingTx.memo = args.memo
+      pendingTx.previous = receiveBalance ? receiveBalance.lastTransactionId : null
+      pendingTx.state = PendingTransactionState.NEW
+      pendingTx.typeId = TransactionTypeId.RECEIVE
+      pendingTx.userCommunityUuid = args.communityReceiverIdentifier
+      pendingTx.userGradidoID = args.userReceiverIdentifier
+      pendingTx.userName = fullName(receiverUser.firstName, receiverUser.lastName)
+
+      await DbPendingTransaction.insert(pendingTx)
+      logger.debug(`voteForSendCoins()-1_0... successfull`)
+    } catch (err) {
+      throw new LogError(`Error in voteForSendCoins with args=`, args)
+    }
+    return true
+  }
+}
diff --git a/federation/src/graphql/util/calculateRecepientBalance.ts b/federation/src/graphql/util/calculateRecepientBalance.ts
new file mode 100644
index 000000000..56914afba
--- /dev/null
+++ b/federation/src/graphql/util/calculateRecepientBalance.ts
@@ -0,0 +1,20 @@
+import { Decimal } from 'decimal.js-light'
+
+import { getLastTransaction } from './getLastTransaction'
+import { calculateDecay } from './decay'
+import { Decay } from '../api/1_0/model/Decay'
+
+export async function calculateRecepientBalance(
+  userId: number,
+  amount: Decimal,
+  time: Date,
+): Promise<{ balance: Decimal; decay: Decay; lastTransactionId: number } | null> {
+  const lastTransaction = await getLastTransaction(userId)
+  if (!lastTransaction) return null
+
+  const decay = calculateDecay(lastTransaction.balance, lastTransaction.balanceDate, time)
+
+  const balance = decay.balance.add(amount.toString())
+
+  return { balance, lastTransactionId: lastTransaction.id, decay }
+}
diff --git a/federation/src/graphql/util/decay.test.ts b/federation/src/graphql/util/decay.test.ts
new file mode 100644
index 000000000..1d4ebab3b
--- /dev/null
+++ b/federation/src/graphql/util/decay.test.ts
@@ -0,0 +1,42 @@
+import { Decimal } from 'decimal.js-light'
+
+import { decayFormula, calculateDecay } from './decay'
+
+describe('utils/decay', () => {
+  describe('decayFormula', () => {
+    it('has base 0.99999997802044727', () => {
+      const amount = new Decimal(1.0)
+      const seconds = 1
+      // TODO: toString() was required, we could not compare two decimals
+      expect(decayFormula(amount, seconds).toString()).toBe('0.999999978035040489732012')
+    })
+    it('has correct backward calculation', () => {
+      const amount = new Decimal(1.0)
+      const seconds = -1
+      expect(decayFormula(amount, seconds).toString()).toBe('1.000000021964959992727444')
+    })
+    // we get pretty close, but not exact here, skipping
+    // eslint-disable-next-line jest/no-disabled-tests
+    it.skip('has correct forward calculation', () => {
+      const amount = new Decimal(1.0).div(
+        new Decimal('0.99999997803504048973201202316767079413460520837376'),
+      )
+      const seconds = 1
+      expect(decayFormula(amount, seconds).toString()).toBe('1.0')
+    })
+  })
+  it('has base 0.99999997802044727', () => {
+    const now = new Date()
+    now.setSeconds(1)
+    const oneSecondAgo = new Date(now.getTime())
+    oneSecondAgo.setSeconds(0)
+    expect(calculateDecay(new Decimal(1.0), oneSecondAgo, now).balance.toString()).toBe(
+      '0.999999978035040489732012',
+    )
+  })
+
+  it('returns input amount when from and to is the same', () => {
+    const now = new Date()
+    expect(calculateDecay(new Decimal(100.0), now, now).balance.toString()).toBe('100')
+  })
+})
diff --git a/federation/src/graphql/util/decay.ts b/federation/src/graphql/util/decay.ts
new file mode 100644
index 000000000..f195075ff
--- /dev/null
+++ b/federation/src/graphql/util/decay.ts
@@ -0,0 +1,65 @@
+import { Decimal } from 'decimal.js-light'
+
+import { LogError } from '@/server/LogError'
+import CONFIG from '@/config'
+import { Decay } from '../api/1_0/model/Decay'
+
+// TODO: externalize all those definitions and functions into an external decay library
+
+function decayFormula(value: Decimal, seconds: number): Decimal {
+  // TODO why do we need to convert this here to a stting to work properly?
+  return value.mul(
+    new Decimal('0.99999997803504048973201202316767079413460520837376').pow(seconds).toString(),
+  )
+}
+
+function calculateDecay(
+  amount: Decimal,
+  from: Date,
+  to: Date,
+  startBlock: Date = CONFIG.DECAY_START_TIME,
+): Decay {
+  const fromMs = from.getTime()
+  const toMs = to.getTime()
+  const startBlockMs = startBlock.getTime()
+
+  if (toMs < fromMs) {
+    throw new LogError('calculateDecay: to < from, reverse decay calculation is invalid')
+  }
+
+  // Initialize with no decay
+  const decay: Decay = {
+    balance: amount,
+    decay: new Decimal(0),
+    roundedDecay: new Decimal(0),
+    start: null,
+    end: null,
+    duration: null,
+  }
+
+  // decay started after end date; no decay
+  if (startBlockMs > toMs) {
+    return decay
+  }
+  // decay started before start date; decay for full duration
+  if (startBlockMs < fromMs) {
+    decay.start = from
+    decay.duration = (toMs - fromMs) / 1000
+  }
+  // decay started between start and end date; decay from decay start till end date
+  else {
+    decay.start = startBlock
+    decay.duration = (toMs - startBlockMs) / 1000
+  }
+
+  decay.end = to
+  decay.balance = decayFormula(amount, decay.duration)
+  decay.decay = decay.balance.minus(amount)
+  decay.roundedDecay = amount
+    .toDecimalPlaces(2, Decimal.ROUND_DOWN)
+    .minus(decay.balance.toDecimalPlaces(2, Decimal.ROUND_DOWN).toString())
+    .mul(-1)
+  return decay
+}
+
+export { decayFormula, calculateDecay }
diff --git a/federation/src/graphql/util/fullName.ts b/federation/src/graphql/util/fullName.ts
new file mode 100644
index 000000000..7473f5ed0
--- /dev/null
+++ b/federation/src/graphql/util/fullName.ts
@@ -0,0 +1,2 @@
+export const fullName = (firstName: string, lastName: string): string =>
+  [firstName, lastName].filter(Boolean).join(' ')
diff --git a/federation/src/graphql/util/getLastTransaction.ts b/federation/src/graphql/util/getLastTransaction.ts
new file mode 100644
index 000000000..0d7747088
--- /dev/null
+++ b/federation/src/graphql/util/getLastTransaction.ts
@@ -0,0 +1,12 @@
+import { Transaction as DbTransaction } from '@entity/Transaction'
+
+export const getLastTransaction = async (
+  userId: number,
+  relations?: string[],
+): Promise<DbTransaction | null> => {
+  return DbTransaction.findOne({
+    where: { userId },
+    order: { balanceDate: 'DESC', id: 'DESC' },
+    relations,
+  })
+}
diff --git a/federation/src/server/LogError.ts b/federation/src/server/LogError.ts
new file mode 100644
index 000000000..b29e83dc8
--- /dev/null
+++ b/federation/src/server/LogError.ts
@@ -0,0 +1,10 @@
+/* eslint-disable @typescript-eslint/no-unsafe-argument */
+import { federationLogger as logger } from './logger'
+
+export class LogError extends Error {
+  // eslint-disable-next-line @typescript-eslint/no-explicit-any
+  constructor(msg: string, ...details: any[]) {
+    super(msg)
+    logger.error(msg, ...details)
+  }
+}