โ† Glossary

Mint authority

The permission to create more of a token.

If a token still has an active mint authority, whoever controls it can create new tokens at any time. That increases the supply and can push the price down. If the authority is disabled, the supply is fixed.

Why it matters

An active mint authority is a red flag for most memecoins. Disabled is what you want to see.

Related terms

Freeze authorityMintRug pull

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Educational only, not financial advice.