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

• 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:

1. Reward Distribution: Identify holders at a specific point in time to run airdrops or staking rewards.
2. Governance Execution: Define an eligible voter list for governance proposals based on token holdings at a specific point in time.
3. Project Management: Get insight into token distribution so you can plan updates and growth strategies.
4. Transparency and Trust: Make pre-distribution audits easier, adding more transparency and trust to your project.
5. 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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Ale Watters

Industrial Engineer turned Solana trader. Marketing at Smithii and contributor to the $SHRIMP memecoin launch.