Mintable vs Fixed Supply: Which Should You Choose?

One of the most important decisions when creating a token is whether to keep it mintable or make it fixed supply. This choice fundamentally affects your token's economics and trustworthiness.

What Does "Mintable" Mean?

When a token is mintable, the mint authority (usually the creator's wallet) can create new tokens at any time. This increases the total supply.

When a token has fixed supply, the mint authority is revoked at creation. No new tokens can ever be minted — the supply is permanently locked.

Mintable Tokens

Pros

• Flexibility: Can mint more tokens for rewards, airdrops, or staking
• Fundraising: Can create new tokens for future sale rounds
• Incentives: Reward users, developers, and community members

Cons

• Inflation risk: More supply can dilute existing holders
• Trust concern: Holders must trust the mint authority not to abuse it
• Perception: Some communities prefer fixed supply for scarcity

Best For

• Utility tokens with ongoing reward programs
• Governance tokens that need periodic distribution
• Projects that plan multiple sale phases

Fixed Supply Tokens

Pros

• Scarcity: No new tokens can dilute existing supply
• Trust: No single entity can inflate the supply
• Simplicity: Supply is transparent and permanent
• DYOR-friendly: Easy for investors to verify fixed supply on-chain

Cons

• No flexibility: Can't mint more tokens for any reason
• Irreversible: Once revoked, mint authority can never be restored
• Planning required: Must determine total supply upfront

Best For

• Meme tokens and community tokens
• Tokens designed for scarcity and value appreciation
• Projects where trust and transparency are paramount

How to Choose

Ask yourself:

• Will you need more tokens later? If yes, keep it mintable.
• Is trust a primary concern? Fixed supply signals commitment.
• Are you building a utility platform? Mintable gives flexibility for rewards.
• Is this a community/meme token? Fixed supply is usually preferred.

The Middle Ground

You can create a mintable token and revoke the authority later via the Dashboard's Revoke Authority tool. This gives you initial flexibility while allowing you to "lock" the supply when you're ready.

This is a common strategy: mint what you need, distribute tokens, then revoke to signal fair supply.