Cryptocurrency
Check Mint Authority Before You Proceed
By Walid Mograbi · · 1 min read
Before following a new token, check who has the right to mint it and what that means for supply.
What to check
Before you follow a new token, check who holds the mint authority and what that means for supply.
Why it matters
Minting means adding new units to circulation, not just a technical detail.
Where to look
The token page on Solscan shows mint authority in the summary.
What an active authority means
If the authority is still active, the supply may not be final yet.
How to use this signal
It gives you an early warning that supply could change, instead of relying only on the number of holders.
Warning
Mint authority alone is not enough to judge the project.
Quick checklist
- Does mint authority appear?
- Can the supply increase?
- Does that change your view of the risk?
#solana #token-checklist #mint-authority #supply-risk