blockchain 101

Mint

An action that increases the supply of tokens and is the opposite of burn. Minting often occurs when a user enters a pool and acquires an ownership share. Minting and burning are essential parts of noncollateralized stablecoin models (i.e., when stablecoin gets too expensive more are minted, which increases supply and reduces prices). Minting is also a means to reward user behavior. You mint NFTs as well as cryptocurriences created in many Layer 2 solutions.
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