Challenge:
Alice, the CEO of the $XYZ token, raised 997 SOL by offering 30% of $XYZ’s supply in a presale. The presale involved 777 participants, each contributing an amount between 0.1 and 3 SOL. Now, Alice faces the daunting task of manually distributing allocations to all participants. If each allocation takes approximately 10 seconds (assuming Alice works quickly), completing the task manually would consume around 2 hours of continuous effort.
Solution:
To streamline the allocation process and save time, Alice can leverage our Solana Multisender, a tool designed for efficiently airdropping tokens to multiple wallets simultaneously. By using Solana Multisender, Alice can automate the distribution of $XYZ tokens to all 777 participants with just a few clicks, significantly reducing the time and effort required compared to manual distribution.
How to use multisender to airdrop tokens:
- Open your browser and go to hyperpad ( app.hypersol.xyz)
2. Open the multisender tool (available in the top right corner and click on Distribute)
3. Now connect your wallet and select the token type that you want to airdrop. In this tutorial we are going to airdrop SPL22 tokens.
You can manually fill the wallets and allocations or you can upload a csv fill containing the required details. (There is a sample CSV available on the platform, please refer to that).
After filling all the details, click on ‘NEXT’ button.
4. Confirm all the details and then click on ‘Distribute Tokens’. A pop up asking for your confirmation in your phantom wallet will appear. Hit confirm and your tokens will be distributed.
5. To verify the successful distribution of all airdrops, navigate to the “Manage” section where you can access comprehensive transfer details.
Fees:
The platform implements a fee structure of 0.00284 SOL per wallet, with an additional 0.00216 SOL charged for creating a Program Derived Address (PDA) for each wallet. This results in a total fee of 0.005 SOL per wallet.
In terms of revenue distribution, 70% of the platform’s generated revenue will be distributed among $HYPERSOL holders based on the proportion of supply each holder owns. The remaining 30% of the revenue will be allocated to the HyperSOL treasury for future development and marketing initiatives.
This approach ensures transparency in fees, and the revenue-sharing model aligns with supporting both $HYPERSOL holders and the long-term growth and enhancement of the HyperSOL platform.
HyperSOL Socials:
- Website: https://hypersol.xyz
- Telegram: https://t.me/hypersol
- Twitter: https://x.com/hypersolX
- HyperPad: https://app.hypersol.xyz
- Solana Multisender : https://app.hypersol.xyz/solana-multi-sender/distribute
