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We utilize tokens in all of our emails and we have not had issues tracking the links. I would set up a test for one of your programs and create an Email Link Performance report within the program you are testing. After the webinar, double check your report for all the links, your smart campaigns for Clicks, and your landing page visits to ensure your tokenized link is working properly. Then move forward with creating future programs like that. I hope that helps!
Wouldn't be so confident about using tokens in hyperlinks without having the rules down pat... it's actually really easy to create untracked links using either kind of token, or buttons that don't track (see Those bulletproof buttons are also *tracking*-proof, though).
When using non-Velocity ("email script") tokens, you must have the http(s):// outside the token name.
In Velocity the rule is the opposite: you must output the entire <a> tag, including of course the entire href attribute with the http(s)://.
If you follow these rules you'll be fine.