# Introducing Vouchers

Circular Protocol has introduced Vouchers, a novel token primitive designed to enhance programmable asset control. These Vouchers allow assets to be time-locked, making them visible to recipients but inaccessible until a specified date. This innovative mechanism facilitates controlled asset distribution and deferred payments without requiring complex smart contracts.

With support for scheduled payments, streamlined vesting protocols, decentralized escrow services, temporal data encryption, and automation in traditional finance, Vouchers empower users with a robust tool for managing time-locked payments.&#x20;

Voucher functionality is available natively inside the Saturn Wallet.


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