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GrantCovenant releases funds tranche-by-tranche as milestones are approved by the authority. Contract path: contracts/core/distribution/GrantCovenant.cash

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Parameters

ParameterTypeDescription
vaultIdbytes32Links to source vault
authorityHashbytes20Controls milestone releases and administration
milestonesTotalintTotal number of milestones (1..255)
amountPerMilestoneintAmount released per milestone
totalAmountintmilestonesTotal × amountPerMilestone

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NFT State (40 bytes)

[0]:    status
[1]:    flags
[2]:    milestones_completed (uint8)
[3-10]: total_released (uint64)
[11-15]: last_release_timestamp (5 bytes)
[16-35]: recipient_hash (bytes20, mutable if FLAG_TRANSFERABLE)
[36-39]: reserved

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Functions

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releaseMilestone(sig authSig, pubkey authPubkey)

Authority releases the next tranche to recipient_hash. Increments milestones_completed. Auto-completes at final milestone.

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pause() / resume() / cancel()

Authority-only. Cancel returns totalAmount - totalReleased to authorityHash.

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transfer(sig recipientSig, pubkey recipientPubkey, bytes20 newRecipientHash)

Recipient-only. Requires FLAG_TRANSFERABLE. Updates recipient_hash in NFT state.