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Get a Holder List in 5 Steps: Avalanche Snapshot Tool

Looking for a way to run a Snapshot of Token Holders on the Avalanche network? You’re in the right place. Here, I’ll show you how to create a snapshot with no coding and in under 1 minute.

Running a holder snapshot is especially useful when you want to collect a list of wallets for a airdrop for your token or execute other blockchain marketing strategies. If you have a project on Avalanche, such as a meme coin, this tool helps you reach potential investors and engage with holders from similar projects.

Get a Holder List with the Avalanche Snapshot Tool

Below, I’ll walk you through how to create a snapshot using Smithii’s Smithii tool, Snapshot Avalanche Token Holders (https://tools.smithii.io/snapshot-token/avalanche). This dApp lets users take a snapshot of the holders of any token on the Avalanche network and get a list of each holder’s wallet addresses.

How to Create a Snapshot on Avax

Interface for taking a Snapshot of Avalanche Token Holders with Smithii

Open the tool Snapshot Avalanche Token Holders by Smithii.
Connect your wallet on Avalanche so you can use the tool.
Select the Token from the “Select Token” search bar.
Click “Take Snapshot” and confirm the transaction (1.9 AVAX).
Wait a few seconds, then download the addresses as a CSV file.

Once downloaded, you can use this list to run a airdrop or launch any marketing strategy you have in mind.

Additional Use Cases for the Avalanche Snapshot Tool

Running a snapshot can serve several purposes. The most common include:

Reward Distribution: Identify holders at a specific point in time to run airdrops or staking rewards.
Governance Execution: Define an eligible voter list for governance proposals based on token holdings at a specific point in time.
Project Management: Get insight into token distribution so you can plan updates and growth strategies.
Transparency and Trust: Make pre-distribution audits easier, adding more transparency and trust to your project.
Planning Future Events: Roll out loyalty programs that reward committed holders and encourage token retention.

Conclusion

Running a snapshot on the Avalanche network is a key strategy for improving project management, increasing transparency, and making reward distribution easier. With Smithii’s Avalanche Snapshot Tool, you get a powerful, easy-to-use tool that requires no technical knowledge, and it is one of the fastest, most cost-effective solutions on the market.

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