Updated March 30, 2022
Algodex Mailbox is a decentralized web application that allows users to batch send any Algorand Standard Asset (ASA) to other users even if the recipient has not opted into the ASA. Users who have been sent ASAs through Algodex Mailbox can redeem the ASAs via the website.
Algodex Mailbox uses Algorand smart contracts to create an escrow that holds sent Algorand Standard Assets before they are redeemed. The smart contract escrow exists entirely on the Algorand blockchain so nobody, including Algodex Mailbox, can access the escrow except for the sender and recipient.
All Algorand Standard Assets (ASAs) on both Testnet and Mainnet can be sent via Algodex Mailbox.
Users can send one asset to one or as many recipients as you want at a time. Currently, Algodex Mailbox does not support sending multiple assets to one or more recipients at once.
A fee of 0.05 ALGO is applied to the sender of a transaction for each recipient that redeems the Algorand Standard Assets (ASA) received. If the recipient does not redeem the ASAs, the 0.05 ALGO fee will not be applied. In addition, the Algorand network fee applies to all Algorand transactions.
You will need 0.25 ALGO per recipient who has not opted in the asset for the minimum escrow balance. 0.2 ALGO will be returned to you after the recipient redeems the asset, and 0.05 ALGO will be paid as a fee.
Users from all countries and regions can use Algodex Mailbox.
The sender of Algorand Standard Assets (ASA) can reclaim any unredeemed ASAs using Algodex Mailbox's Return Assets feature. Only the ASA sender can return assets to themselves. ASAs that have been redeemed by the recipient cannot be reclaimed by the sender.
As many as you like! Algodex Mailbox allows you to configure a CSV file to specify the recipient(s) of an Algorand Standard Asset (ASA) and what quantity each recipient should receive. Learn how to send ASAs using a configurable CSV file using our guide.
Using Algodex Mailbox is secure. Using Algorand smart contracts, all order placements and executions are handled entirely on the Algorand blockchain. Funds or Algorand Standard Assets (ASA) are never directly held or processed by Algodex. Once a recipient redeems any ASAs sent to them via Algodex Mailbox, it is not possible for the sender to reverse the transaction.
Please be aware that Algodex Mailbox has not yet been audited, however, extensive contract testing was done to ensure safety.
Currently, only MyAlgo Wallet is supported. Pera Wallet support is in the works and will be available soon.
You can follow Algodex on the following social media websites:
Algorand Standard Assets (ASAs) on Testnet are priced using Testnet ALGO, a currency that has no value. ASAs on Mainnet are priced in ALGO, which have real value. A user can use Testnet to try new features or learn about Algodex.