How does token distribution work with an Anchorage Digital custody account?
Last updated: October 10, 2024
For customers using Anchorage custody accounts, token distribution for team and investor tokens is handled directly through the Anchorage API, without involving any smart contracts from LiquiFi.
Token Distribution Process
LiquiFi's backend API calculates the appropriate token amounts for each beneficiary.
These calculations are then routed directly to Anchorage for distribution.
Anchorage handles the actual token transfers to the designated recipients.
Key Points
No smart contracts are used in this process for Anchorage custody accounts.
Token recipients receive their tokens from your Anchorage account.
Note: This process applies specifically to Anchorage custody accounts. Other custody solutions may have different workflows.
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