# Mint (M)

### Mint (M):

Mint transactions are used to create new units of an existing token.

* **Type**: D (Deploy)
* **Action**: M
* **Fields**:
  * `token`: The unique identifier for the token.
  * `total`: The number of tokens being minted.

### **Example OP\_RETURN Data**:

```mathematica
D M TOKEN_NAME 5000
```

### **Role of UTXOs**:

* A new UTXO is created for the minted tokens.
* The minter's address receives a UTXO representing the minted amount, encoded with a value of 0.01 DOGE.
* Each UTXO represents a specific amount of the minted tokens.
* Each UTXO is also connected to the token name and amount, ensuring traceability and verification of the minted tokens.

### Mint Transaction:

1. **Extract OP\_RETURN Data**: Decode the hex-encoded string to extract token details.
2. **Validate Fields**: Ensure the token and total fields are present.
3. **Update Token Supply**: Increase the total supply of the token and record the minting event.

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