How to Mint Tokens on Ethereum Network in 4 steps
What is “Mint Tokens in Ethereum”?
“Token minting” in the Ethereum network refers to the process of creating new tokens and adding them to the blockchain. This is done through smart contracts that define the rules and properties of these tokens, such as supply, transfer restrictions, and permissions. Minting is a foundational function in many decentralized applications (DApps) and is often used in scenarios involving fungible tokens (like ERC-20 tokens) or non-fungible tokens (NFTs) like those following the ERC-721 standard.
Step-by-step instructions
Step 1: Go to your token page on Etherescan website
Paste the token address into the search and click on the result, this will take you to the token page.
Step 2: Open “Contract” tab and click “Write Contract as Proxy”
Click on “Contract” tab.
Click on “Write Contract as Proxy” tab.
Step 3: Connect the wallet from which you created the token
Step 4: Click “Mint Tokens” and enter minting parameters
- To (address): This is the address of the wallet that will receive the newly issued tokens (usually the wallet address of the token creator);
- Amount (uint256): This is the number of tokens you want to issue in uint256 format.
How to get UINT256 number?
- Recognize decimal numbers of your token (default 18);
- Decimal numbers are the number of zeros you need to add to the number you want to get. For example you want to get 1000000 (one million) tokens and the decimals of your token are 18, then you need to add 18 zeros to one million = 1000000000000000000000000.
Example:
Click “Write”, after that you will need to confirm transaction of minting new tokens in your wallet.
Done!