October 30 Product Update Recap: Token Grants

Running a payout is now a guided three-step flow: approve the vestings that are due, review tax and fair market value, then finalize and pay. On the tax step, every fair market value is shown in USD and in the recipient's local currency, so you can see exactly what each person is receiving. You set your payout day and pricing rule (for example, prior-day close) once in Payout settings, and Toku uses them for every payout from then on. And as a safeguard, nothing is ever paid before its release date.

You no longer need to enter tax details by hand on each payout. If a recipient has a tax profile, their tax method and withholding rate are filled in automatically on the Tax & FMV step. If you keep tax details in a spreadsheet, you can set tax from a file instead and apply it to the whole payout at once.

Payout history gives you a complete record of everything that's been paid. Look it up by recipient to see a person's full history, or by payment to see everyone included in a given payout. If a fair market value is updated after a payout has gone out, the change is recorded there too, so your history always reflects the latest numbers.

Sometimes a payout happens outside Toku, straight from a wallet. You can now find that transaction on its network and record it against the grant in a single click, so your payout history stays complete without any manual entry.