✅ Settle Liabilities

Once fees, redemptions, or other costs appear as pending liabilities, you can settle them.

Viewing pending liabilities

Go to Flows > Outflows and open Pending Liabilities. This lists all outstanding items: fees, redemptions, platform fees, and any manual liabilities you have added.

Preparing liquidity

Before settling, the fund's smart contract needs enough liquidity. That can come from:

• New subscriptions: If there are investors who have deposited capital and are waiting for the next NAV calculation, their liquidity can be used to offset liabilities.
• Transfer from fund wallet: Move the required amount from your fund wallet back into the smart contract.

Important: The manager can move liquidity into the fund's smart contract, but cannot extract it to a personal wallet. Outgoing payments can only go to predefined destinations: the fee address or an investor's wallet for redemptions.

Settling in batch

Select the liabilities you want to settle and click Settle. A single transaction distributes fees to the manager's fee collection address and pays redeeming investors (minus any exit fees). Once confirmed, the liabilities move to history.

Pay on-chain (individual settlement)

To settle a single liability, click the Pay On-Chain button next to any pending item. This triggers a direct transaction from the fund to the recipient, without batching.

You can also settle liabilities using native tokens (like ETH) when that is more convenient than using the fund's base stablecoin.

Settling off-chain liabilities

If a payment happens outside the blockchain (bank transfer, wire, etc.), click Pay next to the item to mark it as settled. This tells the smart contract the obligation is fulfilled and removes it from your pending list.

Transfer agent liquidity

The Transfer Agent Liquidity section shows the current balance in the fund's smart contract: how much is available for settling liabilities without transferring more in.