πŸ’°Getting Paid: Payment Release & Fund Withdrawal

Midcontract automates freelance payouts using smart contracts. Learn how payment approvals, auto-releases, and fund withdrawals work for all contract types.

Once work is submitted, the client reviews and takes action β€” or the system does it for them.


πŸ‘€ For Clients

After receiving a submission, you can:

  • βœ… Approve and release payment

  • πŸ” Request changes β€” clearly specify what needs to be revised

If no action is taken:

  • Fixed & Milestone contracts β†’ Auto-approval kicks in after 5 days

  • Hourly contracts β†’ Timesheets are auto-approved after 3 days

All actions β€” approvals, revision requests, and deadlines β€” are transparently recorded on-chain.

πŸ“¦ How work submission & review works β†’


πŸ§‘β€πŸ’» For Freelancers & Agencies

Once the work is approved (manually or automatically):

  • You’ll see a Funds Available status in your contract

  • Click Claim Funds

  • Confirm in your wallet β€” payout is processed instantly

No waiting, no middlemen. You can withdraw stablecoins or convert them into fiat via our partner service.

🌍 Learn more about multi-currency payouts β†’


πŸ”„ Smart Status Logic

  • Fixed-Price Contracts β†’ When payment is claimed, the contract moves to Completed

  • Milestone-Based Contracts β†’ Only the approved milestone is marked complete β€” the rest of the contract remains active

  • Hourly Contracts β†’ Timesheets are submitted and reviewed weekly. The contract stays open until either side chooses to close it

    πŸ“„ Explore contract types β†’

🧠 Notifications will keep you updated at every step β€” including reminders before auto-approval kicks in.

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