60 lines
4.9 KiB
Markdown
60 lines
4.9 KiB
Markdown
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---
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id: 541
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revision: '0'
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language: en
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title: Mint tokens for your community
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---
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:::info
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Currently, you can only mint tokens using the Status desktop app. [:octicons-desktop-download-16: Download Status desktop][status-web-download].
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:::
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With Status, you can mint custom tokens as a community owner. You have complete control over your token creation and distribution.
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Your token's purpose and use are specific to your community. For example, you can reward your entire community or individual members with custom tokens, or offer [exclusive membership to token holders][grant-exclusive-access-with-tokens]. After minting your tokens, you can distribute them to community members and other users of Status via [airdrops][how-to-airdrop-tokens-in-Status].
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:::info
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Currently, you can only mint collectibles.
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:::
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When you mint a token, you create a new and unique digital asset in the blockchain network. The blockchain charges you a transaction fee for this process. Fore more details about blockchain fees, check out [Understand network fees][understand-network-fees].
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## What to expect
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- Community tokens you mint belong to your community and depend on it. This is why they don't appear in your [Status Wallet][status-wallet-your-quick-start-guide] once you mint them on your community's behalf, but you can [airdrop][how-to-airdrop-tokens-in-Status] them to your or any other address.
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- Create an admin token using the `Not transferable (Soulbound)` and `Remote self-destruct` options. For more information, check out [Delegate admin functions to community members][delegate-admin-functions-to-community-members].
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- In addition to the native Ethereum network (mainnet), Status supports the Optimism and Arbitrum [layer-2 scaling solutions][layer-2-scaling-solutions-for-ethereum] to mint tokens. These scaling solutions provide faster and cheaper transactions than mainnet.
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- If you [delete your community][delete-your-status-community], you lose the metadata associated with your tokens, including the image and description.
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:::tip
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Minting a token is an on-chain transaction. The record of your token persists in the blockchain after you delete the community.
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:::
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## Mint a collectible
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=== "Desktop"
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1. From the navigation sidebar, click your community.
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1. At the top of the channel sidebar, click your community logo and then, click :desktop-token: **Mint tokens**.
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1. Click **Create new token**.
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1. Customize your collectible by adding its artwork, name and description.
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1. Set up your [collectible options](#set-up-collectible-options).
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1. Click **Preview** to review your new token description and settings and then, click **Mint**.
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1. Review the transaction and fees and click :desktop-password: **Sign transaction**.
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:::info
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You can't change the collectible description or options after minting.
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:::
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## Set up collectible options
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| Setting | Description |
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| :--------------------------- | :-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
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| Token symbol | Choose up to four words to identify your token. Tokens minted by the same community can't have the same symbol. |
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| Account | Select the wallet account you want to use to mint the token and pay the transaction fees. |
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| Network | Choose the Ethereum mainnet or your preferred layer-2 network to mint your token. You can choose between Optimism and Arbitrum layer-2 networks. <br/> Layer-2 networks commonly have lower network fees. |
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| Unlimited supply | Turn on this option to create an unlimited number of tokens. If you choose this option, you can't [burn your token][burn-your-community-tokens] after minting. |
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| Total finity supply | The total number of tokens that can be produced or minted. After minting the token, you can reduce this number by [burning the token][burn-your-community-tokens]. |
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| Not transferable (Soulbound) | If you turn on this option, the token becomes locked to the first wallet address it is sent to, and can't be transfer to another address. |
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| Remote self-destruct | When you turn on this option, you can destroy the token and make it unusable, even after you transfer it to others. |
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