MINT MORE SUPPLY FOR A SOLANA TOKEN
If you’re looking for how to mint more supply for a Solana token and want the right tools to manage your SPL token supply, you’re in the right place. In this post, we show you how to do it in just 1 minute, with no coding required.
If you prefer the video version, this one’s for you:
WHAT SPL MINT SUPPLY MEANS
When we talk about minting more supply for a Solana token, we mean creating additional tokens under an authority you control. That can be a solid strategy for your tokenized project.
To mint additional supply for a token on Solana, you need to use the wallet that created the token (Authority).
MINT A SOLANA TOKEN STEP BY STEP
Let’s get straight into the step-by-step process to mint more supply for a Solana token without coding. We’ll use our dApp, called Token Mint, where you’ll see this panel:
- Open Mint Token (https://tools.smithii.io/token-mint/solana)
- Connect your wallet to use the software
- Select the Token from your wallet (Remember, you need to hold the token authority)
- Enter the number of tokens you want to mint.
- Click Mint Token and confirm the transaction (0.1 SOL)
- Wait 1 minute.
Keep in mind that you must do this with the wallet that holds authority over your token.
Once this is done, we will not be able to see the new supply of our token.
Here we explain how to run an airdrop for a Solana token.
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Crypto writer focused on the Web3 space. Former contributor to the Smithii editorial team.
