Token Airdrop
Last updated
Last updated
The SPL Token Airdrop feature allows users to efficiently distribute SPL tokens to multiple wallets simultaneously. This feature is ideal for distributing rewards, incentivizing community engagement, or running promotional events within the ShinChan ecosystem.
Mechanics:
Airdrop Setup: Users initiate an airdrop by selecting the SPL token to distribute, specifying a list of recipient wallet addresses, and setting the amount for each recipient. Each transfer can be customized for flexibility in distribution.
Batch Transfer: After setup, the airdrop processes a batch transfer of tokens to the designated wallets, optimizing for speed and network efficiency.
Confirmation and Tracking: Users confirm the transaction via their Phantom wallet, ensuring secure authorization. Once confirmed, users can track the progress of each transfer on the Logs page, where the status and details of completed and pending transfers are displayed. This log-based tracking system provides a transparent view of the airdrop’s success.