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Setting Up Distribution Schedules

Tyler Martin avatar
Written by Tyler Martin
Updated this week

Distribution schedules are a feature of token holdings that allows you to prepare token transactions automatically as the token vests.

Pulley will never initiate a token transaction without a cap table admin's direct action.

Locating the Current Distribution Schedules

The Distribution Schedules page is used for when tokens are owed to the token holder. This can also refer to the date of which the company sends the tokens.
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First, you must locate the Distribution Schedules page which is located under the Company tab.

This will provide you the list of all existing Distribution Schedules the company is using and where you may add a new schedule by selecting the +Add button

Start by naming the schedule or if your entire company uses the same distribution schedule you can default it to "Distribution Schedule". The name does not affect the distributions so you may name it to best organize for yourself.

Once you have began adding the Distribution Schedule, Select "Months". This will provide you with a dropdown menu where you may select all the months your company distributes the tokens to the tokenholders.

Next, select "Day of Month", this will refer to the specific date of the month when all transactions are due for distribution.

Once the Months and Date have been selected, you may now save! This Distribution schedule would then be available to all tokens on the platform, to enable this schedule for the token you must specifically add or edit a token and enter the schedule under "Distribution Schedule".

Adding Distribution Schedule Details

When you are filling out the details for a token holding in Pulley, you will find the "Distribution Schedule" below the 'vesting' section:

If you want to add it to an existing token holding after having saved it on the cap table, you can do it by navigating to Token Cap table -> [The relevant token holding type, e.g.: "RTUs"] -> Click on the Token ID -> Actions -> Edit:

When creating or editing the token holding, you will be prompted to select the distribution schedule from a drop-down list. This list can be found in Company -> Distribution Schedules in the left hand nav, but you can also add a new distribution schedule in the token holding page, right below the schedule selection drop down.

When adding a new schedule, you can select any amount of months of the year and the day of the month in which the transaction will be prepared:

When you finish setting up your distribution schedule, you can select it from the dropdown and hit the Save button at the end of the form.

Bear in mind that in order for Pulley to prepare the transfers in your Distributions tab, you will have to:

  • Turn on the Distribute on Pulley switch below the schedule selection dropdown.

  • Add the company's Smart Contract Address.

  • Add the holder's Wallet Address.

Once you complete all these, a new transaction will be generated on each month that your schedule marked for you to initiate it from the Distributions tab.

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