What's the purpose of the channel "Path" field?

The channel “Path” field should contain the directory path on the destination server where the files will be uploaded. That path can contain fixed strings and/or variables.

Example: Path to a dated directory

/path/to/directory-{DATESTAMP}

At the moment of distribution, {DATESTAMP} is replaced with the current date formatted as YYYYMMDD.

If performed on October 31, 2023, the path would be:

/path/to/directory-20231031

Note:

/path/to/directory- is a fixed string; it’s the same for every distribution
Path variables begin with { and end with }

Distribution Channel Path Variables