Schedule a payout

Last updated: September 26, 2024

What are scheduled payouts?

Scheduled Payouts allow you to schedule your token payouts in advance. No more last-minute scrambles. Set your date, input your payout details, and let Liquifi handle the rest. Whether it’s paying employees or investors, handling payroll, or facilitating an airdrop, you can set your payments days, weeks, or even months ahead of time.

You can learn more about the feature through our Scheduled Payouts feature announcement.

Feature requirements

In order to use this feature, you must meet a few requirements:

  • You must not be using Ethereum's Layer 1. If your account is on Ethereum Mainnet, please reach out to us at support@liquifi.finance to request this feature for your account.

  • You must have a sufficient number of tokens in your Liquifi escrow smart contract balance to cover the payouts you'd like to schedule.

  • You must sign the associated blockchain transaction before the time of the scheduled payout.

Schedule a payout

To schedule a payout, follow these steps:

  1. Log in to Liquifi.

  2. Navigate to your Payouts page.

  3. Select the rows of any vest events that you would like to pay out. You can select due and/or upcoming vest events.

Note that you must pay out vest events in chronological order. For example, if a token grant has a vest event on Jan 1 2020 and Feb 1 2020, you cannot schedule a payout for the Feb 1 2020 event on a date that is before the Jan 1 2020 scheduled date.

  1. Once you've selected all vest events that you'd like to schedule payouts for, click the blue Review vest events button at the bottom-right corner of the page.

  1. Optional: If you'd like to edit the token price calculation method or tax withholding amount:

  1. Click Edit in the top-right corner.

  2. Make any changes you'd like.

  3. Click Save changes.

  1. Click Proceed to payment in the bottom-right corner of the page.

  2. Click the ⌄ symbol within the blue button in the bottom-right corner of the page.

  1. Click Custom date and time

  2. Select your preferred date and time to pay out the selected vest events.

TIME ZONES: The selected date and time is shown in your account’s set timezone.

VEST EVENT TIMING: Note that you cannot schedule a payout that is before any of the selected vest event’s vest times or unlock times. For example, if you are paying out two vest events that vest at Mar 3 2024 12:00 UTC & Mar 5 2024 3:00 UTC, then the earliest possible schedule date would be Mar 5 2024 3:01 UTC.

  1. Click Schedule payment to trigger an on-chain transaction. You must then sign the on-chain transaction to schedule the payout.

Your scheduled payout will not be finalized until the on-chain transaction is executed.

SAFE (GNOSIS) WALLETS: If your account is connected to a Safe (Gnosis) multisig wallet, a signature will be requested that you must sign with your required minimum signature threshold count. Once sufficiently signed, the transaction will be proposed to your account’s corresponding multisig for you to execute.

Once you've scheduled the payout, you can view the transaction in your Transactions page or the Payout history tab in your Payouts page to confirm you've scheduled it.

If you need immediate assistance, please contact our support team directly at support@liquifi.finance

If you don't see what you're looking for in our support documentation, you can request a resource to be made by our support team using this form.