As part of a promotional campaign or to incentivize user participation, you need to distribute these tokens to hundreds of wallet addresses. Manually sending tokens to each address would be time-consuming and prone to errors. Fortunately, Zloadr provides a tool specifically designed for bulk or batch sending of tokens, making this task efficient and secure. This guide will walk you through the process step-by-step.

Step 1: Connect to a MetaMask Wallet

• Action: Open Zloadr's Multi-Send Tokens Tool and click on the "Connect" button.
• Details Needed: Ensure your MetaMask wallet is ready and has enough XY Oracle tokens and Ethereum (ETH) for gas fees.

Step 2: Enter Token Contract Address

• Action: Input the contract address of the XY Oracle tokens.
• Details Needed: You need the contract address of the XYO tokens. After entering the address, click "Fetch Token info" to retrieve and display details like the token name and decimals.

Step 3: Parse Data

• Action: Prepare a CSV-formatted list of recipient addresses and corresponding token amounts. Paste this into the provided field.
• Details Needed: Ensure that the token amount formatting adheres to the token’s decimal precision. The format should be: address, amount. Validate the data by clicking "Parse."

Step 4: Confirm Amount to be Sent

• Action: Review the total amount of tokens displayed after parsing the data.
• Details Needed: Confirm that the total amount is correct. You will then need to approve the bulk send operation by clicking "Approve BulkSend to send tokens."

Step 5: Bulk Send Tokens

• Action: With approval complete, click "Send Batch" to initiate the bulk sending process.
• Details Needed: No further details needed, just confirm the action to start the sending process.

• Gas Fees: Be aware that bulk sending of tokens incurs gas fees, which vary depending on network conditions and the transaction size.
• Token Ownership: Verify that you have sufficient XY Oracle tokens and ETH in your wallet to cover the distribution and gas fees.
• Security: Double-check all recipient addresses and amounts. Blockchain transactions are irreversible, making accuracy crucial.

Conclusion This guide provides a streamlined approach to sending XY Oracle tokens in bulk, utilizing Zloadr’s efficient tools. For large-scale token distributions, always conduct a test transaction with a small amount to ensure that all settings are correct before proceeding with the full batch. This practice minimizes risks and ensures that your token distribution achieves its intended purpose effectively and securely.