How to Use?

Here’s a step-by-step guide to using DYOR Minter for creating tokens, managing minting and burning processes, revoking administrative rights, and updating your token profile on the platform:

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Step 1: Creating a Token

1. Connect your wallet: First, connect the wallet that will have administrative rights over the token.
2. Enter Basic Information:

• Token Image: Upload an image in JPG or PNG format (256x256 pixels, maximum size 5 MB).
• Token Name: Enter a descriptive name for your token.
• Token Symbol: Specify a short symbol for your token, typically 3-5 uppercase letters.
• Decimals: Set the decimal precision (default is 9 for TON).
• Total Supply: Define the number of tokens for initial minting.
• Description: Provide a brief description of your token’s purpose or project.

3. Fill in Official Links: Provide links to your website, white paper, and social media to enable users to find more information about your token. This information will appear in your token’s profile on DYOR.io.

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Step 2: Minting Additional Tokens

1. Go to the Minting Function: Find the ‘Mint’ option in the DYOR Minter interface.
2. Enter the Amount: Specify how many additional tokens you want to create.
3. Confirm the Action: Execute the minting process, which requires confirmation in the wallet.

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Step 3: Burning Tokens

1. Go to the Burning Function: Find the ‘Burn’ option in the interface.
2. Specify the Amount: Enter the number of tokens you wish to remove from circulation.
3. Perform the Burning: Confirm and carry out the burning, reducing the total number of tokens.

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Step 4: Revoking Administrative Rights

1. Prepare: Ensure all token settings are final, as you won’t be able to make changes after revoking rights.
2. Revoke Rights: Use the ‘Revoke ownership’ function to remove administrative privileges, transferring control of the token to a neutral address, thus decentralizing control.

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Step 5: Updating the Token Profile

1. Edit Token Information: Change details such as the token description, links, and images directly from your DYOR Minter dashboard. Official links can be edited and saved without deployment.
2. Save Changes: Updates are applied immediately and displayed on the token page on DYOR.io.