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How to Mint Tokens for Solana SPL Token

Published: 21.06.2024Author: CoinFactory

What is “Mint Tokens”?

Minting tokens refers to the process of creating new tokens on a blockchain network. This is often associated with cryptocurrencies and decentralized finance (DeFi) platforms. When tokens are minted, they are generated and added to the total supply of the cryptocurrency. This can happen during an initial coin offering (ICO), a decentralized application (DApp) launch, or as part of a staking reward mechanism. Minting is a crucial function in blockchain ecosystems, allowing projects to distribute tokens to users and incentivize participation.

 

 

Step-by-step instructions

Step 1: Go to the Mint Tokens page on the CoinFactory website

Go to the Mint Tokens page on the CoinFactory website

 

Step 2: Connect the wallet from which you created the token

Connect the wallet from which you created the token

 

Step 3: Enter token address

Enter token address

 

Step 4: Confirm Mint Tokens in your wallet

Confirm Mint Tokens in your wallet

 

🎉Tokens have been successfully minted.

Successfully minted

 

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