The program allows creation of sophisticated token vesting schedules with:

• Cliff period: Initial lock period before any tokens can be claimed
• Cliff unlock amount: Amount released immediately after cliff period
• Periodic vesting: Tokens released at regular intervals (frequency)
• Customizable periods: Define amount per period and total number of periods
• Flexible start times: Set custom vesting start times

Each escrow has configurable permissions for updating or cancelling the escrow:

• Neither creator nor recipient
• Only creator
• Only recipient
• Either creator or recipient

• SPL Token support
• Token-2022 support with transfer fees, confidential transfers, transfer hooks etc.

• Create a “root escrow” funded with tokens
• Define recipients and vesting schedules via Merkle tree
• Recipients can claim their escrows by providing Merkle proofs

• Claim tokens: Recipients can claim unlocked tokens at any time
• Update recipient: Change beneficiary (based on permissions)
• Cancel escrow: Cancel and redistribute tokens (based on permissions)
  • Claimable tokens go to recipient
  • Remaining tokens return to creator
• Close escrow: Clean up fully claimed escrows to recover rent

Attach metadata to escrows such as name, description, creator and recipient emails.