How to Mint Tokens for Ton Token
Published: 03.08.2024Author: CoinFactory
What is “Mint Tokens”?
Minting Ton Tokens involves the creation of new tokens within the Ton blockchain network. This process is common in the realms of cryptocurrencies and decentralized finance (DeFi) platforms. When Ton Tokens are minted, they are produced and incorporated into the total supply of the cryptocurrency. This can occur during an initial coin offering (ICO), the launch of a decentralized application (DApp), or through a staking reward mechanism. Minting is a vital operation in the blockchain ecosystem, enabling projects to allocate tokens to users and encourage active participation.
Step-by-step instructions
Step 1: Go to the Mint Tokens page on the CoinFactory website
Step 2: Connect the wallet from which you created the token
Step 3: Enter token address and number of tokens you want to add to total volume
Step 4: Confirm Mint Tokens in your wallet