What is “Mint Tokens in Base”?

Token minting on Base L2 is the process of creating new tokens using smart contracts. These contracts set rules like supply and transfer permissions. As a Layer 2 network, Base makes minting faster and cheaper than on Ethereum. It supports both fungible tokens (ERC-20) and NFTs (ERC-721), making it a great choice for decentralized applications (DApps).

Step-by-step instructions

Step 1: Visit the token minting page on the CoinFactory.app website

Step 2: Connect wallet from which you created token

Click on EVM networks.

Select your wallet app.

Step 3: Enter the information for minting new tokens

1. Enter the address of your token.
2. Enter the number of tokens you wish to mint.
3. Enter your wallet address who will receive the new tokens

If you have successfully filled in the information to mint tokens, click the “Mint Tokens” button.

Important! Our website will prompt you to sign 2 transactions: the first is to verify your creator wallet, and the second is to execute the minting function. Make sure to sign both transactions.

🚀Success! If you followed all the instructions and no errors occurred, your new tokens have been minted and are waiting for you in the wallet you specified.

Сonclusion

The token minting function on the Base network via CoinFactory offers a seamless and cost-effective way to create new digital assets. By leveraging Base’s scalability, low transaction fees, and strong security, users can easily mint tokens for various purposes, including fundraising, trading, and integration into decentralized applications.