> For the complete documentation index, see [llms.txt](https://docs.spydra.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.spydra.app/how-to/public-chain/manage-token-lifecycle/returns-and-payouts/authorise-debt-payouts.md).

# Authorise Debt Payouts

Follow these steps to authorize scheduled debt payouts to your investors:

<div align="left"><figure><img src="/files/eIaTPS611RORd9UCeQ6i" alt="" width="375"><figcaption></figcaption></figure></div>

1. &#x20;**Access Token Details**
   1. Go to your listing page
   2. Select the relevant asset/token for payout
2. &#x20;**View Upcoming Payouts**
   1. Navigate to the Payout tab
   2. Review upcoming payouts in the 'Upcoming Payout' section
   3. Note: Payouts are scheduled according to your defined frequency (e.g., 5th of every month)
3. **Authorize Payment**
   1. The 'Approve Payout' button becomes active on the scheduled payout date
   2. Click to initiate - the system will calculate total payout amount and eligible investors
   3. Connect your wallet and approve the transaction

<div align="left"><figure><img src="/files/wLD0pWK52uLLsKVTSNbA" alt="" width="375"><figcaption></figcaption></figure></div>

**Example:** For a payout scheduled on June 5th, the system will:

* Calculate payments for all eligible investors
* Process different payment types (e.g., 5 USDC interest-only payment for new investors, 15 USDC combined interest and principal payment for existing investors)
* Display the total payout amount and number of recipients for your approval

**Note:** Ensure you have sufficient USDC in your wallet to cover the total payout amount before authorization.