Overview
When tokens vest, they need to be settled — meaning the actual tokens are transferred to the recipient’s wallet. The settlement process involves tax calculation, approval, and execution through your custody provider.Settlement Workflow
Step 1: Pending Approval
When vesting events occur, they appear in the Pending Approval tab of the Schedule Manager. An admin must approve each vesting before it can proceed.Step 2: Tax Grouping
After approval, vestings move to Tax Grouping. Here you assign tax details:- Manual tax: Enter tax amounts directly
- Payroll tax: Use tax details from your payroll provider
- No tax: Mark as tax-exempt
Step 3: Tax Finalization
Tax details are reviewed and finalized. Admin can approve or reject tax calculations. Rejected items return to the Tax Grouping stage.Step 4: Ready for Settlement
Vestings with finalized tax details are ready for settlement. You can:- Batch settlements — Process multiple vestings together
- Select custody provider — Choose Fireblocks, Anchorage, or Safe
- Generate settlement documents — Create proof-of-payment records
Step 5: Execution
The settlement is executed through your connected custody provider:- Fireblocks: Transaction submitted to Fireblocks vault
- Anchorage: Transaction submitted to Anchorage
- Safe: Multisig transaction created, requiring signer approvals
Unified Schedule Manager
The Schedule Manager provides a single interface for the entire settlement flow with 6 tabs:Related
Token Distributions
Distribution overview and configuration
Custody Integrations
Set up custody providers for settlement execution