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Grants (budget plans) release funds to a recipient in structured milestones. Each milestone unlocks after a set duration from the previous release, enforced by the on-chain covenant — no trust required.

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Creating a Grant

Navigate to Grants → New Grant and specify:
FieldDescription
RecipientBCH P2PKH address
VaultThe vault funding this grant
TokenBCH or CashToken
MilestonesArray of { amount, durationSeconds, description }
CancelableWhether unvested funds can be reclaimed
The entire grant amount is locked upfront in the budget covenant. Milestones unlock sequentially — the recipient cannot claim milestone 2 until milestone 1 has been released and its time period has elapsed.

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Releasing a Milestone

When a milestone period elapses, the recipient navigates to the grant and clicks Release. The app builds a release transaction and the wallet signs it. Multiple elapsed milestones can be claimed in a single transaction.

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Cancelling a Grant

The grant controller (vault creator) can cancel at any time. Released milestones are already in the recipient’s wallet. Unreleased milestone funds return to the controller address. See Create a Grant for the complete guide.