If your project does not have a maximum token supply, or if you prefer to increase supply gradually by minting tokens only upon investor purchase, you can trigger additional minting of the same token. To mint additional tokens, ask your Technical Sales Engineer who will take care of the request for you.
The following table is for indicative purpose only:
| Parameter | Description | Expected Values |
|---|---|---|
| institutionID | Your institutionID after having been onboarded on NYALA. InstitutionId is set up in your Postman collection. | UUID of your institution |
| amount | The additional quantity of tokens to mint, in token units. | "1000" , "5000" , etc. |
| tokenizedAssetID | The token's Internal ID (trace ID in the NYALA system). | UID of the tokenized asset |
| passphrase | This passphrase is not the project passphrase, but the issuer wallet passphrase. It is known to NYALA only by default. Contact us if you anticipate the need to mint additional tokens. |
âšī¸ Prerequisite for approving additional supply above the previously set limit: If you have already minted the maximum number of token units specified in the existing terms of issuance, minting additional tokenized securities requires legal justification.
You must provide an updated legal document (e.g., amended Terms of Issuance specifying the new total supply) for Smart Registry verification. Please share this document with your NYALA TSE before submitting your request. As with the initial token minting approval, an employee of Smart Registry will review the request and confirm the additional token minting.
Once the minting is approved on-chain, you must update the public token metadata to reflect the new supply:
- Re-upload the Terms of Issuance document (in case of bonds only).
- Re-trigger the Set Metadata endpoint.