Token Tool by Bitbond
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Airdrop Tool for PEAQ Tokens on peaq

Airdrop tool for sending tokens
Airdrop tokens to multiple addresses at once
Reward token holders with cryptocurrencies, stablecoins, or other custom tokens
Airdrop automatically to token holders using token contract address
Allocate tokens proportionally on a pro rata basis to each holder
Airdrop token product documentation
To distribute a token, Connect Wallet first.

Airdrop ERC20 Tokens on peaq FAQ

An airdrop tool for ERC20 tokens on the peaq network allows token creators to distribute tokens to multiple peaq wallet addresses simultaneously. It’s used for distributing tokens to holders, rewarding participants, or conducting promotional events for the token project.

The airdrop tool automatically distributes tokens from a designated wallet to a list of holders’ addresses. You can define the token amount for each recipient, and the tool will execute the distribution either equally or proportionally based on their holdings.

No, the airdrop tool on the peaq network is designed to distribute one type of ERC20 token at a time. If you need to distribute multiple token types, you’ll need to initiate separate airdrops for each.

To automatically airdrop ERC20 tokens on peaq, the tool uses the contract address of your token to query the blockchain for all current token holders and their balances. The tokens are then distributed according to the preset parameters, either equally or pro rata.

Yes, the airdrop tool allows you to distribute a fixed total amount of tokens proportionally based on each holder's existing balance of the ERC20 token.

The airdrop tool on the peaq network ensures only current ERC20 token holders receive the distribution by querying the blockchain for up-to-date holder data, making sure that only those holding the token at the time of the airdrop will receive the new tokens.

At this time, the peaq network’s airdrop tool does not support scheduling in advance. Airdrops must be initiated manually when you are ready to distribute the tokens.

The costs of using the airdrop tool on the peaq network include transaction fees, which vary depending on the number of recipients and network conditions. There is also a service fee for using the airdrop tool, which you can check on the pricing page.

The user initiating the airdrop is responsible for covering network transaction fees, which are paid in PEAQ tokens or another native cryptocurrency of the peaq network.

Detailed product documentation for the airdrop tool is available on the Bitbond website. It includes step-by-step guides and technical information on how to efficiently use the airdrop tool on the peaq network.

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