# Token minting

## Definition

Token minting is the process by which a token contract or protocol creates new token units or assigns newly created token IDs according to its rules.

## What it means in practice

Mint authority can be fixed, governed, role-based or algorithmic depending on the token design.

## How this concept appears in Terenval Wallet

Terenval can sign compatible contract calls, but it does not control an external token's minting policy merely because the wallet interacts with that token.

**Important:** Unlimited or opaque mint authority can materially affect token supply and risk.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Token burning](https://wallet.terenval.com/glossary/burning/)
- [token](https://wallet.terenval.com/glossary/token/)
- [smart contract](https://wallet.terenval.com/glossary/smart-contract/)
- [erc 20](https://wallet.terenval.com/glossary/erc-20/)
- [Non-fungible token](https://wallet.terenval.com/glossary/non-fungible-token/)
- [token contract](https://wallet.terenval.com/glossary/token-contract/)

## Related Terenval Answers

- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)
- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)
- [How Does a Multi-Chain Crypto Wallet Keep Networks Separate?](https://wallet.terenval.com/answers/how-multi-chain-wallets-keep-networks-separate/)

## Sources

- https://ethereum.org/en/developers/docs/standards/tokens/
- https://wallet.terenval.com/info/security/

Official page: https://wallet.terenval.com/glossary/minting/