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Airdrop XLM or SEP41 Tokens to Multiple Recipients on Stellar Soroban

Token multisender dApp for all of your tokens
Send your tokens to multiple recipients efficiently
Send stable coins or cryptocurrency for dividend or coupon payments
Input list of addresses and amounts manually
Distribute automatically via CSV upload
Distribute token product documentation
To distribute a token, Connect Wallet first.

Airdrop XLM or SEP41 Tokens on Stellar Soroban FAQ

Yes, with Token Tool, you can send XLM or SEP41 tokens to multiple recipients in a single transaction. This functionality is powered by Token Tool's multisender feature, allowing you to efficiently batch multiple transfers into one, saving on network fees and time compared to individual transactions.

Token multisender on Stellar Soroban refers to the ability to distribute XLM or SEP41 tokens to multiple recipients at once using Token Tool’s multisender feature. This helps streamline mass token distributions such as airdrops, rewards, or payments, all done within a single transaction.

A token multisender dApp on Stellar Soroban is a decentralized application that enables users to distribute XLM or SEP41 tokens to many recipients in a single transaction. Token Tool provides a user-friendly multisender dApp that reduces costs and complexity by consolidating multiple transfers into one efficient process, ideal for tasks like airdrops and mass token distributions.

To send SEP41 tokens to multiple addresses, follow these steps using Token Tool:

1.Connect your Stellar wallet to Token Tool.
2.Select the SEP41 token you want to distribute.
3.Input or upload the recipient addresses and the amounts for each.
4.Confirm the transaction, and Token Tool will handle the distribution in a single transaction.

Using Token Tool, you can multisend XLM or SEP41 tokens by utilizing its multisender feature. This feature allows you to send tokens to many addresses at once, simplifying the process and reducing network fees.

The limit on the number of addresses depends on the Stellar Soroban network's gas limits and Token Tool's configurations. Token Tool supports bulk sending, but you may need to approve multiple batches if the list exceeds a certain number of recipients.

Multisending SEP41 tokens is useful for:

Airdrops: Distribute tokens to a large number of users to increase awareness and adoption.
Token Holder Rewards: Automatically reward loyal holders with XLM or other tokens.
Mass Payments: Pay employees, partners, or other stakeholders.
Dividends or Staking Rewards: Distribute rewards to participants in a project or platform.

To conduct an airdrop of SEP41 tokens with Token Tool:

1.Connect your Stellar wallet to Token Tool.
2.Select the SEP41 token you wish to distribute.
3.Input or upload a list of recipient addresses and their corresponding amounts.
4.Confirm the transaction, and the airdrop will be executed automatically.

For detailed guidance, refer to the Token Tool documentation.

The cost of multisending tokens using Token Tool includes:

1.Network fees: Fees paid to the Stellar network to process the transaction.
2.Service fees: Token Tool charges a small service fee for using the multisender feature.

These fees are lower than conducting individual transactions, making Token Tool a cost-effective solution for mass token distributions. For more detailed pricing, visit the Token Tool pricing page.

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