Mint refers to the process of issuing new tokens using smart contracts.
In the DeFi ecosystem, minting typically involves using smart contracts to issue new tokens on a blockchain, typically in exchange for other cryptocurrencies or assets.
Minting is an important part of the DeFi ecosystem, as it allows projects to raise capital and launch their tokens on the market. It is a key part of the DeFi ecosystem, and is often used by projects to raise capital and launch their tokens on decentralized exchanges.
« Back to Glossary Index