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, create the request using the endpoint below, and notify your Client Success Manager who will review and approve the request for you.
| 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 | The project passphrase you defined at project creation. |
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.