Shareholder Dividend Batch Distributor (Arbitrum One)

WHAT IT DOES

This tool enables efficient batch distribution of shareholder dividends on Arbitrum One. When a company or DAO declares a dividend, it needs to distribute varying token amounts to potentially hundreds or thousands of shareholders based on their holdings or board-approved allocations. Instead of processing individual dividend payments manually, you provide a list of shareholder addresses with their specific dividend amounts, and the tool executes a single batched transaction using the BotGentz ERC-20 bulk sender contract. Each shareholder receives their exact dividend amount in one efficient operation. The tool checks your wallet balance and native currency balance to ensure sufficient funds before initiating the distribution, providing a safety net against failed transactions.

HOW TO USE

Connect your wallet using the BGWallet bridge. Select Arbitrum One as your network (other EVM chains are also supported). Enter the ERC-20 token contract address representing the dividend token. Add shareholders by entering their address and the dividend amount (in wei) they are entitled to receive — you can add as many rows as needed. Click "Parse" to validate the shareholder list and see the total dividend amount. Click "Check balances" to verify you have sufficient tokens and native currency to cover the total plus the bulk sender fee. Review the sender contract address, fee, and owner in the review panel. Click "Distribute dividends" to approve the exact total and execute the batch transfer to all shareholders in a single transaction.

TECHNICAL MECHANISM

The tool looks up the BotGentz bulk sender contract from the BULKSEND registry for Arbitrum One and uses the ERC-20 standard contract. It reads fee() and owner() live from the contract every time — never using hardcoded values. It constructs parallel arrays of shareholder addresses and their corresponding dividend amounts, then calculates the total distribution sum. It checks your token balance against the total amount and your native balance against the total plus fee. If the allowance is insufficient, it approves the sender contract for the exact total amount only. It then calls sendERC20() with the shareholder list and custom amounts array, paying the fee in native currency. Gas is estimated with a 20% buffer, and the final cost is reported using receipt.effectiveGasPrice for accuracy on post-EIP-1559 chains. All shareholders receive their dividends in a single batched transaction, dramatically reducing gas costs compared to individual transfers.

WHAT IT CANNOT SEE

This tool cannot verify that the dividend amounts are correct, board-approved, or based on valid corporate governance decisions. It does not detect if shareholder addresses are contracts, exchanges, sybils, duplicates, or ineligible parties. It cannot verify token security, contract safety, or the legitimacy of the bulk sender contract beyond the registry provided. The tool does not validate the authenticity of the dividend criteria, record date, ex-dividend date, or any corporate governance documentation. You are responsible for ensuring the shareholder list and amounts are accurate and properly authorized before executing the distribution. This tool is for operational efficiency only and does not provide financial or legal verification.

PLEASE NOTE

EVM chains only. Arbitrum One is the primary network, but Ethereum, Optimism, BNB Chain, Polygon, Fantom, zkSync, Base, Avalanche, and Linea are also supported. Does not support Solana, Tron, Starknet, SUI, TON, Aptos, Bitcoin, Cosmos, or XRP. Requires a wallet connected via BGWallet. Gas costs and the bulk sender fee are paid by your wallet. Always verify shareholder lists and dividend amounts independently before signing the transaction. This tool is not a substitute for financial or legal advice.